Aster Total Revenue vs Net Income Analysis

ASTERDM Stock   478.60  38.75  8.81%   
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 Total Revenue and its Net Income 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.

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aster DM Healthcare Total Revenue account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aster DM's Total Revenue and Net Income is 0.77. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income 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 Total Revenue and Net Income 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 Aster DM Healthcare are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Aster DM's Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Aster DM 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.

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.
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 28th 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 Profit73.4B84.0B19.8B18.8B
Total Revenue102.5B119.3B37.0B71.3B

Aster DM fundamental ratios Correlations

0.680.460.720.950.80.710.20.63-0.110.790.690.460.050.420.570.820.740.50.530.50.990.670.570.670.83
0.68-0.230.110.660.940.98-0.080.90.350.940.540.520.430.860.940.660.960.92-0.140.230.670.040.90.940.61
0.46-0.230.940.370.03-0.190.29-0.25-0.660.020.280.03-0.51-0.5-0.390.37-0.01-0.470.980.240.480.96-0.33-0.230.35
0.720.110.940.630.370.160.30.08-0.540.360.470.22-0.37-0.2-0.060.620.32-0.140.960.360.721.00.00.10.57
0.950.660.370.630.820.740.280.68-0.040.820.630.530.050.510.640.790.690.580.420.60.890.590.650.720.8
0.80.940.030.370.820.960.120.90.231.00.590.570.330.750.890.790.960.850.120.370.770.30.840.940.72
0.710.98-0.190.160.740.960.00.90.280.960.50.560.330.840.950.660.930.92-0.080.270.680.090.920.960.62
0.2-0.080.290.30.280.120.00.170.270.09-0.35-0.460.0-0.27-0.09-0.01-0.05-0.010.3-0.160.140.30.050.16-0.03
0.630.9-0.250.080.680.90.90.170.540.90.410.330.60.770.90.550.860.93-0.20.330.590.010.830.980.51
-0.110.35-0.66-0.54-0.040.230.280.270.540.22-0.16-0.20.810.430.45-0.10.220.54-0.67-0.1-0.14-0.560.390.460.0
0.790.940.020.360.821.00.960.090.90.220.620.60.340.760.890.80.970.850.110.40.760.290.840.940.73
0.690.540.280.470.630.590.5-0.350.41-0.160.620.760.280.520.50.830.630.410.290.650.70.440.390.420.83
0.460.520.030.220.530.570.56-0.460.33-0.20.60.760.050.640.620.710.560.450.070.60.420.190.470.410.7
0.050.43-0.51-0.370.050.330.330.00.60.810.340.280.050.470.50.160.380.57-0.550.120.05-0.410.320.490.2
0.420.86-0.5-0.20.510.750.84-0.270.770.430.760.520.640.470.940.550.760.91-0.430.380.38-0.250.880.80.54
0.570.94-0.39-0.060.640.890.95-0.090.90.450.890.50.620.50.940.60.860.96-0.320.350.52-0.130.910.940.59
0.820.660.370.620.790.790.66-0.010.55-0.10.80.830.710.160.550.60.790.480.420.590.810.580.50.590.89
0.740.96-0.010.320.690.960.93-0.050.860.220.970.630.560.380.760.860.790.820.070.30.740.250.80.890.7
0.50.92-0.47-0.140.580.850.92-0.010.930.540.850.410.450.570.910.960.480.82-0.390.260.46-0.210.930.950.44
0.53-0.140.980.960.420.12-0.080.3-0.2-0.670.110.290.07-0.55-0.43-0.320.420.07-0.390.180.550.97-0.22-0.160.38
0.50.230.240.360.60.370.27-0.160.33-0.10.40.650.60.120.380.350.590.30.260.180.450.350.180.310.58
0.990.670.480.720.890.770.680.140.59-0.140.760.70.420.050.380.520.810.740.460.550.450.680.520.630.81
0.670.040.961.00.590.30.090.30.01-0.560.290.440.19-0.41-0.25-0.130.580.25-0.210.970.350.68-0.060.030.54
0.570.9-0.330.00.650.840.920.050.830.390.840.390.470.320.880.910.50.80.93-0.220.180.52-0.060.890.51
0.670.94-0.230.10.720.940.960.160.980.460.940.420.410.490.80.940.590.890.95-0.160.310.630.030.890.54
0.830.610.350.570.80.720.62-0.030.510.00.730.830.70.20.540.590.890.70.440.380.580.810.540.510.54
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Aster DM Account Relationship Matchups

Aster DM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.4B116.4B125.5B148.8B179.9B98.9B
Short Long Term Debt Total56.0B48.0B49.1B57.0B13.8B13.1B
Other Current Liab131.3M3.4B3.4B2.8B105.5B110.8B
Total Current Liabilities37.2B32.0B35.6B46.6B112.9B118.5B
Total Stockholder Equity32.7B33.7B39.5B44.5B45.6B28.5B
Property Plant And Equipment Net65.7B63.8B66.4B78.0B30.5B43.1B
Net Debt54.5B45.5B45.6B53.2B13.0B12.4B
Retained Earnings(2.3B)(990.6M)4.1B7.7B4.2B4.4B
Accounts Payable12.9B20.3B21.2B29.9B4.6B4.4B
Cash1.5B2.6B3.4B3.8B822.3M781.2M
Non Current Assets Total83.4B80.1B84.5B99.6B38.3B56.2B
Non Currrent Assets Other4.3B2.5B3.6B4.9B4.9B4.0B
Other Assets4.6B2.9B3.9B1.6B1.8B3.1B
Cash And Short Term Investments1.7B3.1B4.2B6.3B1.1B1.1B
Net Receivables24.4B21.1B20.6B23.9B2.6B2.5B
Good Will10.7B10.5B10.9B11.6B2.6B2.5B
Liabilities And Stockholders Equity124.4B116.4B125.5B148.8B179.9B98.9B
Non Current Liabilities Total50.0B46.1B45.1B53.7B16.7B30.4B
Inventory9.6B8.5B10.3B13.1B1.4B1.3B
Other Current Assets29.6B4.3B6.0B7.3B136.6B143.4B
Other Stockholder Equity(2.7B)22.0B22.0B22.1B27.4B19.2B
Total Liab87.2B78.1B80.6B100.2B129.6B65.6B
Total Current Assets41.0B36.3B41.0B49.2B141.7B148.7B
Accumulated Other Comprehensive Income(19.7B)7.7B8.4B9.8B9.0B9.5B
Short Term Debt12.6B8.0B10.1B12.5B2.5B2.3B
Intangible Assets2.2B2.5B2.8B3.7B313.8M298.1M
Common Stock5.1B5.0B5.0B5.0B5.7B4.8B
Other Liab6.2B6.6B5.8B5.7B6.5B5.9B
Net Tangible Assets22.5B19.9B20.7B25.9B29.8B17.9B
Current Deferred Revenue11.5B3.8B4.5B2.4B270.2M256.7M
Long Term Debt18.9B17.5B14.7B13.1B4.5B4.2B
Short Term Investments223.2M477.6M780.6M2.5B283.4M269.2M
Deferred Long Term Liab359.9M333.7M110.3M70.9M63.8M60.6M
Short Long Term Debt11.2B1.6B7.3B9.8B2.2B2.1B
Property Plant Equipment65.7B63.8B66.4B78.0B89.7B51.4B
Long Term Debt Total43.4B40.3B39.4B44.7B51.4B34.1B
Capital Surpluse22.1B22.0B22.0B22.2B25.5B21.8B

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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.