Andlauer Total Revenue vs Gross Profit Analysis
AND Stock | CAD 43.44 1.27 3.01% |
Andlauer Healthcare financial indicator trend analysis is way more than just evaluating Andlauer Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andlauer Healthcare is a good investment. Please check the relationship between Andlauer Healthcare Total Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andlauer Healthcare Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Andlauer Healthcare's Total Revenue and Gross Profit is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Andlauer Healthcare Gr, assuming nothing else is changed. The correlation between historical values of Andlauer Healthcare's Total Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Andlauer Healthcare Gr are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Andlauer Healthcare's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Andlauer Healthcare generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Andlauer Healthcare Gr minus its cost of goods sold. It is profit before Andlauer Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Andlauer Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andlauer Healthcare current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Andlauer Healthcare's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value Multiple is likely to grow to 14.86, while Tax Provision is likely to drop about 16.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 42.7M | 64.5M | 68.1M | 41.0M | Interest Income | 34.4M | 6.3M | 3.2M | 3.0M |
Andlauer Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Andlauer Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Andlauer Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 213.0M | 252.8M | 644.2M | 712.5M | 682.4M | 454.6M | |
Short Long Term Debt Total | 117.2M | 129.6M | 187.3M | 163.3M | 127.9M | 133.1M | |
Other Current Liab | 8.7M | 1.5M | 13.7M | 16.3M | 450K | 427.5K | |
Total Current Liabilities | 56.7M | 48.1M | 90.5M | 85.8M | 69.5M | 65.1M | |
Total Stockholder Equity | 61.5M | 94.3M | 352.1M | 441.0M | 469.6M | 258.0M | |
Other Liab | 656K | 2.0M | 51.7M | 49.0M | 56.3M | 59.1M | |
Net Tangible Assets | 40.1M | 59.8M | 16.9M | 83.3M | 75.0M | 66.2M | |
Property Plant And Equipment Net | 103.3M | 118.9M | 178.1M | 175.9M | 166.2M | 141.6M | |
Current Deferred Revenue | 879K | 1.0M | 1.8M | 1.1M | 966K | 1.1M | |
Net Debt | 98.5M | 99.5M | 162.3M | 97.4M | 68.2M | 86.7M | |
Accounts Payable | 24.1M | 24.3M | 37.6M | 41.8M | 40.4M | 32.7M | |
Cash | 18.7M | 30.1M | 25.0M | 65.9M | 59.7M | 46.4M | |
Non Current Assets Total | 125.7M | 160.3M | 522.0M | 540.4M | 507.3M | 305.9M | |
Non Currrent Assets Other | 938K | 810K | 847K | 997K | 911K | 967.3K | |
Other Assets | 984K | 6.9M | 8.7M | 5.8M | 6.7M | 4.1M | |
Cash And Short Term Investments | 18.7M | 30.1M | 25.0M | 65.9M | 59.7M | 46.4M | |
Net Receivables | 65.2M | 58.2M | 90.2M | 98.5M | 103.4M | 96.6M | |
Common Stock Shares Outstanding | 37.8M | 38.5M | 40.0M | 42.7M | 42.5M | 42.6M | |
Long Term Debt Total | 94.1M | 108.4M | 149.8M | 136.7M | 157.2M | 107.1M | |
Liabilities And Stockholders Equity | 213.0M | 252.8M | 644.2M | 712.5M | 682.4M | 454.6M | |
Non Current Liabilities Total | 94.8M | 110.4M | 201.5M | 185.7M | 143.4M | 127.9M | |
Capital Lease Obligations | 88.7M | 104.9M | 127.0M | 113.7M | 103.1M | 107.3M | |
Inventory | 1.1M | 1.2M | 2.3M | 3.3M | 5.3M | 5.6M | |
Other Current Assets | 2.3M | 2.8M | 4.7M | 4.4M | 6.6M | 3.4M | |
Other Stockholder Equity | 1.4M | 4.4M | 5.0M | 5.8M | 6.3M | 6.0M | |
Total Liab | 151.5M | 158.5M | 292.1M | 271.5M | 212.9M | 193.0M | |
Property Plant And Equipment Gross | 103.3M | 118.9M | 340.3M | 382.7M | 418.5M | 227.0M | |
Total Current Assets | 87.3M | 92.5M | 122.2M | 172.1M | 175.1M | 148.7M | |
Short Term Debt | 23.1M | 21.2M | 37.4M | 26.5M | 27.7M | 25.7M | |
Intangible Assets | 1.7M | 8.6M | 158.5M | 164.8M | 144.4M | 151.6M | |
Common Stock | 549.7M | 549.7M | 719.9M | 727.8M | 718.8M | 512.0M | |
Property Plant Equipment | 103.3M | 118.9M | 178.1M | 175.9M | 202.3M | 135.7M | |
Net Invested Capital | 90.0M | 119.0M | 412.4M | 490.5M | 494.4M | 302.9M | |
Net Working Capital | 30.6M | 44.4M | 31.6M | 86.3M | 105.6M | 59.7M |
Pair Trading with Andlauer Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Andlauer Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Andlauer Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against Andlauer Stock
The ability to find closely correlated positions to Andlauer Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andlauer Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Andlauer Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Andlauer Healthcare Gr to buy it.
The correlation of Andlauer Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Andlauer Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andlauer Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Andlauer Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Andlauer Stock
Balance Sheet is a snapshot of the financial position of Andlauer Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Andlauer Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Andlauer Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Andlauer currently owns. An asset can also be divided into two categories, current and non-current.