Aster Net Income vs Cost Of Revenue Analysis

ASTERDM Stock

432.30 4.15 0.97%

Aster DM financial indicator trend analysis is way more than just evaluating Aster DM Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aster DM Healthcare is a good investment. Please check the relationship between Aster DM Net Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aster DM Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aster DM Healthcare Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Aster DM's Net Income and Cost Of Revenue is 0.7. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Aster DM Healthcare, assuming nothing else is changed. The correlation between historical values of Aster DM's Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Aster DM Healthcare are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Aster DM's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Aster DM Healthcare financial statement analysis. It represents the amount of money remaining after all of Aster DM Healthcare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on Aster DM Healthcare income statement and represents the costs associated with goods and services Aster DM provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Aster DM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aster DM 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 Aster DM Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of the 24th of November 2024, Issuance Of Capital Stock is likely to grow to about 6.4 M, while Selling General Administrative is likely to drop about 4.8 B.

	2021	2022	2023	2024 (projected)
Gross Profit	73.4B	84.0B	27.8B	46.8B
Total Revenue	102.5B	119.3B	37.0B	71.3B

Gross Profit Total Revenue

Aster DM fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.68	0.46	0.72	0.95	0.8	0.71	0.32	0.63	-0.03	0.79	0.69	0.46	0.06	0.42	0.57	0.82	0.74	0.5	0.53	0.4	0.99	0.67	0.57	0.67	0.83
Short Long Term Debt Total	0.68		-0.23	0.11	0.66	0.94	0.98	-0.14	0.9	0.33	0.94	0.54	0.52	0.43	0.86	0.94	0.66	0.96	0.92	-0.14	0.27	0.67	0.04	0.9	0.94	0.61
Other Current Liab	0.46	-0.23		0.94	0.37	0.03	-0.19	0.57	-0.25	-0.42	0.02	0.28	0.03	-0.51	-0.5	-0.39	0.37	-0.01	-0.47	0.98	0.1	0.48	0.96	-0.33	-0.23	0.35
Total Current Liabilities	0.72	0.11	0.94		0.63	0.37	0.15	0.56	0.08	-0.3	0.36	0.47	0.22	-0.36	-0.2	-0.06	0.62	0.32	-0.14	0.96	0.23	0.72	1.0	0.0	0.1	0.57
Total Stockholder Equity	0.95	0.66	0.37	0.63		0.82	0.74	0.36	0.68	0.04	0.82	0.63	0.53	0.05	0.51	0.64	0.79	0.69	0.58	0.42	0.53	0.89	0.59	0.65	0.72	0.8
Property Plant And Equipment Net	0.8	0.94	0.03	0.37	0.82		0.96	0.11	0.9	0.29	1.0	0.59	0.57	0.33	0.75	0.89	0.79	0.96	0.85	0.12	0.39	0.77	0.3	0.84	0.94	0.72
Net Debt	0.71	0.98	-0.19	0.15	0.74	0.96		-0.06	0.9	0.27	0.96	0.5	0.56	0.33	0.84	0.95	0.66	0.93	0.93	-0.09	0.31	0.68	0.08	0.93	0.96	0.61
Retained Earnings	0.32	-0.14	0.57	0.56	0.36	0.11	-0.06		0.06	0.22	0.08	-0.22	-0.38	-0.17	-0.39	-0.2	0.11	-0.05	-0.16	0.57	-0.15	0.27	0.57	-0.06	0.06	0.08
Accounts Payable	0.63	0.9	-0.25	0.08	0.68	0.9	0.9	0.06		0.55	0.9	0.41	0.33	0.6	0.77	0.9	0.55	0.86	0.93	-0.2	0.38	0.59	0.01	0.83	0.98	0.51
Cash	-0.03	0.33	-0.42	-0.3	0.04	0.29	0.27	0.22	0.55		0.29	-0.12	-0.21	0.76	0.33	0.39	0.02	0.28	0.47	-0.45	0.03	-0.07	-0.33	0.35	0.46	0.09
Non Current Assets Total	0.79	0.94	0.02	0.36	0.82	1.0	0.96	0.08	0.9	0.29		0.62	0.6	0.35	0.76	0.89	0.8	0.97	0.85	0.11	0.42	0.76	0.29	0.84	0.94	0.73
Non Currrent Assets Other	0.69	0.54	0.28	0.47	0.63	0.59	0.5	-0.22	0.41	-0.12	0.62		0.76	0.29	0.52	0.5	0.83	0.63	0.41	0.29	0.62	0.7	0.44	0.39	0.42	0.83
Other Assets	0.46	0.52	0.03	0.22	0.53	0.57	0.56	-0.38	0.33	-0.21	0.6	0.76		0.05	0.64	0.62	0.71	0.56	0.45	0.07	0.64	0.42	0.19	0.47	0.41	0.7
Cash And Short Term Investments	0.06	0.43	-0.51	-0.36	0.05	0.33	0.33	-0.17	0.6	0.76	0.35	0.29	0.05		0.46	0.5	0.17	0.39	0.56	-0.54	0.2	0.06	-0.4	0.31	0.49	0.2
Net Receivables	0.42	0.86	-0.5	-0.2	0.51	0.75	0.84	-0.39	0.77	0.33	0.76	0.52	0.64	0.46		0.94	0.55	0.76	0.91	-0.43	0.47	0.38	-0.25	0.88	0.8	0.54
Good Will	0.57	0.94	-0.39	-0.06	0.64	0.89	0.95	-0.2	0.9	0.39	0.89	0.5	0.62	0.5	0.94		0.6	0.86	0.96	-0.32	0.42	0.52	-0.13	0.91	0.94	0.59
Common Stock Shares Outstanding	0.82	0.66	0.37	0.62	0.79	0.79	0.66	0.11	0.55	0.02	0.8	0.83	0.71	0.17	0.55	0.6		0.79	0.48	0.42	0.56	0.81	0.58	0.5	0.59	0.89
Non Current Liabilities Total	0.74	0.96	-0.01	0.32	0.69	0.96	0.93	-0.05	0.86	0.28	0.97	0.63	0.56	0.39	0.76	0.86	0.79		0.82	0.07	0.33	0.74	0.25	0.8	0.89	0.7
Inventory	0.5	0.92	-0.47	-0.14	0.58	0.85	0.93	-0.16	0.93	0.47	0.85	0.41	0.45	0.56	0.91	0.96	0.48	0.82		-0.39	0.34	0.46	-0.21	0.93	0.95	0.44
Other Current Assets	0.53	-0.14	0.98	0.96	0.42	0.12	-0.09	0.57	-0.2	-0.45	0.11	0.29	0.07	-0.54	-0.43	-0.32	0.42	0.07	-0.39		0.04	0.55	0.97	-0.22	-0.16	0.38
Other Stockholder Equity	0.4	0.27	0.1	0.23	0.53	0.39	0.31	-0.15	0.38	0.03	0.42	0.62	0.64	0.2	0.47	0.42	0.56	0.33	0.34	0.04		0.34	0.22	0.23	0.36	0.53
Total Liab	0.99	0.67	0.48	0.72	0.89	0.77	0.68	0.27	0.59	-0.07	0.76	0.7	0.42	0.06	0.38	0.52	0.81	0.74	0.46	0.55	0.34		0.68	0.52	0.63	0.81
Total Current Assets	0.67	0.04	0.96	1.0	0.59	0.3	0.08	0.57	0.01	-0.33	0.29	0.44	0.19	-0.4	-0.25	-0.13	0.58	0.25	-0.21	0.97	0.22	0.68		-0.06	0.03	0.54
Short Term Debt	0.57	0.9	-0.33	0.0	0.65	0.84	0.93	-0.06	0.83	0.35	0.84	0.39	0.47	0.31	0.88	0.91	0.5	0.8	0.93	-0.22	0.23	0.52	-0.06		0.89	0.51
Intangible Assets	0.67	0.94	-0.23	0.1	0.72	0.94	0.96	0.06	0.98	0.46	0.94	0.42	0.41	0.49	0.8	0.94	0.59	0.89	0.95	-0.16	0.36	0.63	0.03	0.89		0.54
Common Stock	0.83	0.61	0.35	0.57	0.8	0.72	0.61	0.08	0.51	0.09	0.73	0.83	0.7	0.2	0.54	0.59	0.89	0.7	0.44	0.38	0.53	0.81	0.54	0.51	0.54

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Aster DM Account Relationship Matchups

Aster DM fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	124.4B	116.4B	125.5B	148.8B	179.9B	98.9B
Short Long Term Debt Total	56.0B	48.0B	49.1B	57.0B	13.8B	13.1B
Other Current Liab	131.3M	3.4B	3.4B	2.8B	105.5B	110.8B
Total Current Liabilities	37.2B	32.0B	35.6B	46.6B	112.9B	118.5B
Total Stockholder Equity	32.7B	33.7B	39.5B	44.5B	45.6B	28.5B
Property Plant And Equipment Net	65.7B	63.8B	66.4B	78.0B	30.5B	43.1B
Net Debt	54.5B	45.5B	45.6B	53.2B	12.7B	12.1B
Retained Earnings	(2.3B)	(990.6M)	4.1B	7.7B	9.4B	9.9B
Accounts Payable	12.9B	20.3B	21.2B	29.9B	4.6B	4.4B
Cash	1.5B	2.6B	3.4B	3.8B	1.1B	1.9B
Non Current Assets Total	83.4B	80.1B	84.5B	99.6B	38.3B	56.2B
Non Currrent Assets Other	4.3B	2.5B	3.6B	4.9B	4.9B	4.0B
Other Assets	4.6B	2.9B	3.9B	1.6B	1.8B	3.1B
Cash And Short Term Investments	1.7B	3.1B	4.2B	6.3B	1.2B	1.1B
Net Receivables	24.4B	21.1B	20.6B	23.9B	2.6B	2.5B
Good Will	10.7B	10.5B	10.9B	11.6B	2.6B	2.5B
Liabilities And Stockholders Equity	124.4B	116.4B	125.5B	148.8B	179.9B	98.9B
Non Current Liabilities Total	50.0B	46.1B	45.1B	53.7B	16.7B	30.4B
Inventory	9.6B	8.5B	10.3B	13.1B	1.4B	1.3B
Other Current Assets	29.6B	4.3B	6.0B	7.3B	136.6B	143.4B
Other Stockholder Equity	(2.7B)	22.0B	22.0B	22.1B	16.9B	18.2B
Total Liab	87.2B	78.1B	80.6B	100.2B	129.6B	65.6B
Total Current Assets	41.0B	36.3B	41.0B	49.2B	141.7B	148.7B
Accumulated Other Comprehensive Income	(19.7B)	7.7B	8.4B	9.8B	14.3B	15.0B
Short Term Debt	12.6B	8.0B	10.1B	12.5B	2.5B	2.3B
Intangible Assets	2.2B	2.5B	2.8B	3.7B	313.8M	298.1M
Common Stock	5.1B	5.0B	5.0B	5.0B	5.7B	4.8B
Other Liab	6.2B	6.6B	5.8B	5.7B	6.5B	5.9B
Net Tangible Assets	22.5B	19.9B	20.7B	25.9B	29.8B	17.9B
Current Deferred Revenue	11.5B	3.8B	4.5B	2.4B	270.2M	256.7M
Long Term Debt	18.9B	17.5B	14.7B	13.1B	4.5B	4.2B
Short Term Investments	223.2M	477.6M	780.6M	2.5B	283.4M	269.2M
Deferred Long Term Liab	359.9M	333.7M	110.3M	70.9M	63.8M	60.6M
Short Long Term Debt	11.2B	1.6B	7.3B	9.8B	2.2B	2.1B
Property Plant Equipment	65.7B	63.8B	66.4B	78.0B	89.7B	51.4B
Long Term Debt Total	43.4B	40.3B	39.4B	44.7B	51.4B	34.1B
Capital Surpluse	22.1B	22.0B	22.0B	22.2B	25.5B	21.8B

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Other Information on Investing in Aster Stock

Balance Sheet is a snapshot of the financial position of Aster DM Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Aster DM Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aster DM 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 Aster currently owns. An asset can also be divided into two categories, current and non-current.

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Aster Net Income vs Cost Of Revenue Analysis

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Net Income

Cost Of Revenue

Aster DM fundamental ratios Correlations

Aster DM Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aster DM fundamental ratios Accounts

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Other Information on Investing in Aster Stock

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Total Current Assets	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Other Current Assets	+ 0.98	Other Current Liab
Intangible Assets	+ 0.98	Accounts Payable

Other Current Assets	- 0.54	Cash And Short Term Investments
Cash And Short Term Investments	- 0.51	Other Current Liab
Net Receivables	- 0.5	Other Current Liab
Inventory	- 0.47	Other Current Liab
Other Current Assets	- 0.45	Cash
Other Current Assets	- 0.43	Net Receivables