Apyx Income Before Tax vs Selling General Administrative Analysis

APYX Stock  USD 1.45  0.01  0.69%   
Apyx Medical financial indicator trend analysis is way more than just evaluating Apyx Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apyx Medical is a good investment. Please check the relationship between Apyx Medical Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apyx Medical Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Apyx Medical's Income Before Tax and Selling General Administrative is -0.89. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Apyx Medical, assuming nothing else is changed. The correlation between historical values of Apyx Medical's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Apyx Medical are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Apyx Medical's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Apyx Medical income statement and is an important metric when analyzing Apyx Medical profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Selling General Administrative

Most indicators from Apyx Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apyx Medical 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 Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.At this time, Apyx Medical's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 88.8 M in 2024, despite the fact that Tax Provision is likely to grow to (2.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense10K15K2.5M2.6M
Depreciation And Amortization903K890K692K736.2K

Apyx Medical fundamental ratios Correlations

0.30.570.820.810.320.19-0.60.150.670.82-0.110.420.940.66-0.45-0.050.740.320.110.770.780.50.41.00.71
0.30.290.38-0.3-0.01-0.40.31-0.70.50.40.110.70.20.21-0.22-0.26-0.031.00.190.330.480.960.310.280.24
0.570.290.810.320.13-0.07-0.12-0.420.80.37-0.240.580.360.86-0.230.180.610.320.380.570.820.50.250.580.61
0.820.380.810.530.230.09-0.54-0.270.950.82-0.230.570.660.89-0.310.140.710.40.210.850.880.620.360.830.71
0.81-0.30.320.530.330.43-0.770.630.290.55-0.14-0.040.840.45-0.310.060.73-0.29-0.020.520.44-0.10.230.820.54
0.32-0.010.130.230.330.25-0.320.00.260.260.760.280.130.3-0.7-0.750.610.00.710.370.390.070.880.250.31
0.19-0.4-0.070.090.430.25-0.510.350.030.15-0.14-0.560.290.0-0.26-0.030.49-0.39-0.27-0.120.14-0.310.060.21-0.02
-0.60.31-0.12-0.54-0.77-0.32-0.51-0.46-0.35-0.730.170.08-0.6-0.480.19-0.16-0.60.30.22-0.63-0.320.11-0.18-0.61-0.46
0.15-0.7-0.42-0.270.630.00.35-0.46-0.49-0.07-0.1-0.560.34-0.270.080.090.04-0.71-0.36-0.11-0.41-0.68-0.230.16-0.04
0.670.50.80.950.290.260.03-0.35-0.490.7-0.130.630.470.82-0.350.040.610.520.340.770.870.710.40.670.6
0.820.40.370.820.550.260.15-0.73-0.070.7-0.120.450.740.65-0.320.030.580.42-0.060.850.690.580.370.820.65
-0.110.11-0.24-0.23-0.140.76-0.140.17-0.1-0.13-0.120.29-0.28-0.12-0.6-0.910.040.110.68-0.04-0.010.030.64-0.2-0.12
0.420.70.580.57-0.040.28-0.560.08-0.560.630.450.290.160.65-0.33-0.30.180.710.510.620.580.770.470.380.51
0.940.20.360.660.840.130.29-0.60.340.470.74-0.280.160.42-0.280.080.620.21-0.140.610.590.360.210.950.58
0.660.210.860.890.450.30.0-0.48-0.270.820.65-0.120.650.42-0.30.110.660.240.280.780.790.450.360.660.74
-0.45-0.22-0.23-0.31-0.31-0.7-0.260.190.08-0.35-0.32-0.6-0.33-0.28-0.30.78-0.47-0.23-0.42-0.32-0.55-0.28-0.49-0.38-0.18
-0.05-0.260.180.140.06-0.75-0.03-0.160.090.040.03-0.91-0.30.080.110.78-0.09-0.25-0.550.0-0.11-0.18-0.610.030.05
0.74-0.030.610.710.730.610.49-0.60.040.610.580.040.180.620.66-0.47-0.09-0.010.380.570.80.190.620.730.62
0.321.00.320.4-0.290.0-0.390.3-0.710.520.420.110.710.210.24-0.23-0.25-0.010.20.350.50.970.310.30.25
0.110.190.380.21-0.020.71-0.270.22-0.360.34-0.060.680.51-0.140.28-0.42-0.550.380.20.220.380.230.760.050.21
0.770.330.570.850.520.37-0.12-0.63-0.110.770.85-0.040.620.610.78-0.320.00.570.350.220.680.530.440.760.76
0.780.480.820.880.440.390.14-0.32-0.410.870.69-0.010.580.590.79-0.55-0.110.80.50.380.680.670.510.770.62
0.50.960.50.62-0.10.07-0.310.11-0.680.710.580.030.770.360.45-0.28-0.180.190.970.230.530.670.370.480.41
0.40.310.250.360.230.880.06-0.18-0.230.40.370.640.470.210.36-0.49-0.610.620.310.760.440.510.370.340.47
1.00.280.580.830.820.250.21-0.610.160.670.82-0.20.380.950.66-0.380.030.730.30.050.760.770.480.340.71
0.710.240.610.710.540.31-0.02-0.46-0.040.60.65-0.120.510.580.74-0.180.050.620.250.210.760.620.410.470.71
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Apyx Medical Account Relationship Matchups

Apyx Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets84.7M74.1M68.7M51.8M79.2M83.2M
Short Long Term Debt Total1.1M676K305K796K38.5M40.4M
Other Current Liab1.5M6.3M9.6M13.6M8.8M9.2M
Total Current Liabilities12.2M9.2M13.2M11.9M12.7M13.4M
Total Stockholder Equity71.3M63.7M53.7M37.6M26.7M24.4M
Property Plant And Equipment Net7.6M7.2M6.9M7.6M7.1M5.3M
Net Debt(57.7M)(41.2M)(30.6M)(9.4M)(5.2M)(5.4M)
Retained Earnings14.5M2.6M(12.6M)(35.7M)(54.4M)(51.7M)
Accounts Payable2.4M1.5M2.6M2.7M2.7M2.8M
Cash58.8M41.9M30.9M10.2M43.7M45.8M
Non Current Assets Total8.0M8.0M8.0M8.8M8.9M8.2M
Non Currrent Assets Other391K807K1.1M1.2M1.7M1.8M
Cash And Short Term Investments58.8M41.9M30.9M10.2M43.7M45.8M
Net Receivables9.2M17.3M21.2M18.2M14.1M14.8M
Common Stock Shares Outstanding34.1M34.2M34.3M34.5M34.6M22.4M
Liabilities And Stockholders Equity84.7M74.1M68.7M51.8M79.2M83.2M
Non Current Liabilities Total1.2M1.1M1.5M2.1M39.6M41.6M
Inventory5.1M4.1M6.8M11.8M9.9M5.3M
Other Current Assets3.6M2.8M1.9M2.7M2.7M2.9M
Other Stockholder Equity56.7M61.1M66.2M73.3M81.1M85.2M
Total Liab13.4M10.3M14.7M14.0M52.3M54.9M
Property Plant And Equipment Gross7.5M7.2M6.9M7.6M10.7M5.4M
Total Current Assets76.7M66.1M60.7M43.0M70.4M73.9M
Other Assets191K1.5M1.1M1.2M1.4M1.1M
Property Plant Equipment6.6M7.2M6.6M6.8M7.8M5.8M
Net Tangible Assets71.3M63.7M53.7M37.6M43.2M40.5M
Retained Earnings Total Equity14.5M2.6M(12.6M)(35.7M)(41.1M)(39.0M)
Capital Surpluse56.7M61.1M66.2M73.3M84.3M51.5M

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Additional Tools for Apyx Stock Analysis

When running Apyx Medical's price analysis, check to measure Apyx Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to predict the probability of Apyx Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.