Atossa Ebitda vs Income Tax Expense Analysis

ATOS Stock  USD 1.28  0.01  0.78%   
Atossa Genetics financial indicator trend analysis is way more than just evaluating Atossa Genetics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atossa Genetics is a good investment. Please check the relationship between Atossa Genetics Ebitda and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atossa Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atossa Stock please use our How to Invest in Atossa Genetics guide.

Ebitda vs Income Tax Expense

Ebitda vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Atossa Genetics Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Atossa Genetics' Ebitda and Income Tax Expense is 0.21. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Atossa Genetics, assuming nothing else is changed. The correlation between historical values of Atossa Genetics' Ebitda and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Atossa Genetics are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., Atossa Genetics' Ebitda and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ebitda

Income Tax Expense

Most indicators from Atossa Genetics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atossa Genetics 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 Atossa Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Atossa Stock please use our How to Invest in Atossa Genetics guide.Sales General And Administrative To Revenue is likely to gain to 4,756 in 2024, whereas Selling General Administrative is likely to drop slightly above 8.7 M in 2024.
 2023 2024 (projected)
Interest Income3.8M4.0M
Non Recurring415.5K394.8K

Atossa Genetics fundamental ratios Correlations

-0.290.230.341.0-1.0-0.841.00.330.550.581.00.950.960.620.940.341.0-0.360.96-0.470.780.45-0.310.80.86
-0.29-0.2-0.2-0.280.280.42-0.28-0.31-0.19-0.23-0.28-0.28-0.25-0.03-0.38-0.2-0.280.45-0.270.05-0.29-0.310.77-0.05-0.25
0.23-0.20.980.16-0.23-0.390.23-0.090.110.030.230.370.130.090.30.980.23-0.240.27-0.310.420.21-0.190.340.34
0.34-0.20.980.27-0.34-0.460.34-0.030.130.110.340.450.220.140.391.00.34-0.270.36-0.260.570.31-0.230.470.48
1.0-0.280.160.27-1.0-0.831.00.340.540.581.00.940.960.620.930.271.0-0.340.95-0.470.760.44-0.30.790.84
-1.00.28-0.23-0.34-1.00.83-1.0-0.28-0.51-0.54-1.0-0.94-0.95-0.58-0.93-0.34-1.00.38-0.940.48-0.79-0.480.3-0.81-0.86
-0.840.42-0.39-0.46-0.830.83-0.84-0.26-0.72-0.7-0.84-0.91-0.87-0.72-0.97-0.46-0.840.6-0.90.56-0.66-0.350.48-0.63-0.66
1.0-0.280.230.341.0-1.0-0.840.290.530.561.00.950.950.60.940.341.0-0.380.95-0.490.780.46-0.30.80.85
0.33-0.31-0.09-0.030.34-0.28-0.260.290.520.640.290.360.430.570.31-0.030.290.310.390.20.24-0.29-0.40.110.38
0.55-0.190.110.130.54-0.51-0.720.530.520.90.530.730.730.880.690.130.53-0.270.75-0.270.18-0.35-0.220.180.25
0.58-0.230.030.110.58-0.54-0.70.560.640.90.560.70.740.890.690.110.56-0.350.72-0.140.41-0.22-0.30.330.45
1.0-0.280.230.341.0-1.0-0.841.00.290.530.560.950.950.60.940.341.0-0.380.95-0.490.780.46-0.30.80.85
0.95-0.280.370.450.94-0.94-0.910.950.360.730.70.950.970.750.960.450.95-0.380.99-0.530.70.26-0.290.720.77
0.96-0.250.130.220.96-0.95-0.870.950.430.730.740.950.970.790.950.220.95-0.350.99-0.490.670.23-0.260.710.76
0.62-0.030.090.140.62-0.58-0.720.60.570.880.890.60.750.790.710.140.6-0.220.78-0.40.41-0.27-0.060.450.48
0.94-0.380.30.390.93-0.93-0.970.940.310.690.690.940.960.950.710.390.94-0.520.96-0.540.720.39-0.430.710.76
0.34-0.20.981.00.27-0.34-0.460.34-0.030.130.110.340.450.220.140.390.34-0.280.36-0.260.570.31-0.230.470.48
1.0-0.280.230.341.0-1.0-0.841.00.290.530.561.00.950.950.60.940.34-0.380.95-0.490.780.47-0.30.810.85
-0.360.45-0.24-0.27-0.340.380.6-0.380.31-0.27-0.35-0.38-0.38-0.35-0.22-0.52-0.28-0.38-0.370.29-0.45-0.380.25-0.32-0.25
0.96-0.270.270.360.95-0.94-0.90.950.390.750.720.950.990.990.780.960.360.95-0.37-0.520.670.23-0.280.710.75
-0.470.05-0.31-0.26-0.470.480.56-0.490.2-0.27-0.14-0.49-0.53-0.49-0.4-0.54-0.26-0.490.29-0.52-0.32-0.24-0.04-0.53-0.39
0.78-0.290.420.570.76-0.79-0.660.780.240.180.410.780.70.670.410.720.570.78-0.450.67-0.320.61-0.290.880.94
0.45-0.310.210.310.44-0.48-0.350.46-0.29-0.35-0.220.460.260.23-0.270.390.310.47-0.380.23-0.240.61-0.40.590.54
-0.310.77-0.19-0.23-0.30.30.48-0.3-0.4-0.22-0.3-0.3-0.29-0.26-0.06-0.43-0.23-0.30.25-0.28-0.04-0.29-0.4-0.01-0.27
0.8-0.050.340.470.79-0.81-0.630.80.110.180.330.80.720.710.450.710.470.81-0.320.71-0.530.880.59-0.010.92
0.86-0.250.340.480.84-0.86-0.660.850.380.250.450.850.770.760.480.760.480.85-0.250.75-0.390.940.54-0.270.92
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Atossa Genetics Account Relationship Matchups

Atossa Genetics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.5M42.8M141.3M123.5M96.3M101.1M
Other Current Liab12.9K14.0M1.4M2.6M4.4M2.5M
Total Current Liabilities1.3M15.7M3.1M5.6M5.2M3.6M
Total Stockholder Equity13.2M27.2M138.1M118.0M91.0M95.6M
Net Debt(12.5M)(39.5M)(136.4M)(110.9M)(88.5M)(84.0M)
Retained Earnings(94.1M)(111.9M)(129.2M)(156.2M)(186.3M)(177.0M)
Cash12.6M39.6M136.4M110.9M88.5M92.9M
Non Current Assets Total170.2K69.3K22K5.3M4.0M4.2M
Other Assets350.00.02K635K730.3K766.8K
Cash And Short Term Investments12.6M39.6M136.4M110.9M88.5M92.9M
Common Stock Total Equity1.1M1.6M13.0M22.8M26.2M27.5M
Common Stock Shares Outstanding8.5M11.3M117.0M126.6M126.1M132.4M
Liabilities And Stockholders Equity14.5M42.8M141.3M123.5M96.3M101.1M
Non Current Liabilities Total11.1K3.8K1K3.0M3.4M3.6M
Other Stockholder Equity105.6M129.9M244.0M250.8M254.5M267.2M
Total Liab1.3M15.7M3.1M5.6M5.2M3.6M
Total Current Assets14.3M42.8M141.2M118.2M92.2M96.8M
Common Stock1.1M1.6M8.6M22.8M26.2M27.5M
Property Plant And Equipment Net54.5K84.5K38.7K20K18K17.1K
Accounts Payable293.2K1.6M1.7M3.0M806K834.6K
Net Receivables739.7K634.9K1.1M743K(1.5K)(1.4K)
Inventory972.3K1.9M2.6M4.1M1.5M1.1M
Other Current Assets26.1K2.5M3.8M6.6M2.3M1.4M
Property Plant And Equipment Gross54.5K84.5K20.6K36K32.4K30.8K
Intangible Assets75.7K99.4K68.5K13.4K12.0K11.4K
Property Plant Equipment54.5K34.4K38.7K20K18K17.1K
Net Tangible Assets13.2M26.5M137.6M118.0M135.7M142.4M
Retained Earnings Total Equity(94.1M)(111.9M)(129.2M)(156.2M)(140.6M)(133.5M)
Capital Surpluse105.6M130.5M244.6M251.4M289.1M303.5M
Net Invested Capital13.2M27.2M138.1M118.0M135.7M142.4M
Net Working Capital13.0M27.1M138.1M112.6M129.5M136.0M

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