Arhaus Gross Profit vs Income Before Tax Analysis
ARHS Stock | USD 9.62 0.09 0.93% |
Arhaus financial indicator trend analysis is way more than just evaluating Arhaus Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arhaus Inc is a good investment. Please check the relationship between Arhaus Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arhaus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arhaus Inc Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Arhaus' Gross Profit and Income Before Tax is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Arhaus Inc, assuming nothing else is changed. The correlation between historical values of Arhaus' Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Arhaus Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Arhaus' Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Arhaus Inc minus its cost of goods sold. It is profit before Arhaus 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Arhaus income statement and is an important metric when analyzing Arhaus Inc 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.Most indicators from Arhaus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arhaus Inc 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 Arhaus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Arhaus' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 255.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.4M | 3.4M | 5.4M | 6.4M | Depreciation And Amortization | 23.9M | 54.0M | 62.7M | 38.2M |
Arhaus fundamental ratios Correlations
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Arhaus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Arhaus Stock Analysis
When running Arhaus' price analysis, check to measure Arhaus' 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 Arhaus is operating at the current time. Most of Arhaus' value examination focuses on studying past and present price action to predict the probability of Arhaus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arhaus' price. Additionally, you may evaluate how the addition of Arhaus to your portfolios can decrease your overall portfolio volatility.