IMAC Cost Of Revenue vs Gross Profit Analysis

BACK Stock

USD 1.07 0.03 2.88%

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

For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMAC Holdings Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between IMAC Holdings' Cost Of Revenue and Gross Profit is 0.9. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of IMAC Holdings, assuming nothing else is changed. The correlation between historical values of IMAC Holdings' Cost Of Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of IMAC Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., IMAC Holdings' Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on IMAC Holdings income statement and represents the costs associated with goods and services IMAC Holdings 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of IMAC Holdings minus its cost of goods sold. It is profit before IMAC Holdings 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.

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

For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.Issuance Of Capital Stock is expected to rise to about 6.1 M this year, although the value of Selling General Administrative will most likely fall to 5,952.

	2021	2022	2023	2024 (projected)
Gross Profit	12.8M	14.7M	3.8M	3.7M
Total Revenue	14.4M	16.2M	5.2M	9.8M

Gross Profit Total Revenue

IMAC Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Short Term Debt	Other Liab	Net Tangible Assets
Total Assets		0.78	0.17	0.64	0.91	0.58	-0.17	0.93	0.7	0.7	0.43	0.18	0.91	0.22	0.48	0.84	0.82	0.64	0.97	0.54	0.99	0.73	0.69	0.64	-0.42	0.44
Short Long Term Debt Total	0.78		0.36	0.73	0.58	0.75	-0.5	0.87	0.28	0.28	0.42	0.49	0.78	0.17	0.61	0.85	0.46	0.28	0.81	0.75	0.83	0.47	0.43	0.86	-0.61	0.66
Other Current Liab	0.17	0.36		0.73	-0.19	0.43	-0.36	0.16	-0.2	-0.2	0.33	0.36	0.01	0.55	0.28	0.54	-0.05	0.32	0.27	0.72	0.22	0.19	-0.37	0.65	-0.28	0.26
Total Current Liabilities	0.64	0.73	0.73		0.26	0.74	-0.13	0.67	0.14	0.14	0.1	0.14	0.5	0.13	0.22	0.93	0.22	0.24	0.64	0.87	0.72	0.62	0.31	0.95	-0.19	0.22
Total Stockholder Equity	0.91	0.58	-0.19	0.26		0.29	-0.15	0.8	0.83	0.83	0.44	0.16	0.85	0.17	0.48	0.54	0.93	0.66	0.85	0.22	0.84	0.55	0.69	0.28	-0.42	0.44
Net Debt	0.58	0.75	0.43	0.74	0.29		-0.01	0.65	-0.15	-0.15	0.32	-0.04	0.74	0.25	0.14	0.84	0.08	0.19	0.67	0.45	0.69	0.78	0.51	0.78	-0.07	0.13
Retained Earnings	-0.17	-0.5	-0.36	-0.13	-0.15	-0.01		-0.25	-0.1	-0.1	-0.57	-0.99	-0.08	-0.46	-0.9	-0.13	-0.26	-0.27	-0.26	-0.51	-0.14	0.4	0.45	-0.27	0.96	-0.95
Accounts Payable	0.93	0.87	0.16	0.67	0.8	0.65	-0.25		0.52	0.52	0.3	0.25	0.88	0.07	0.48	0.85	0.63	0.39	0.92	0.57	0.96	0.67	0.68	0.69	-0.45	0.51
Cash	0.7	0.28	-0.2	0.14	0.83	-0.15	-0.1	0.52		1.0	0.19	0.16	0.47	0.0	0.37	0.3	0.93	0.58	0.56	0.26	0.58	0.25	0.44	0.12	-0.36	0.32
Cash And Short Term Investments	0.7	0.28	-0.2	0.14	0.83	-0.15	-0.1	0.52	1.0		0.19	0.16	0.47	0.0	0.37	0.3	0.93	0.58	0.56	0.26	0.58	0.25	0.44	0.12	-0.36	0.32
Net Receivables	0.43	0.42	0.33	0.1	0.44	0.32	-0.57	0.3	0.19	0.19		0.53	0.49	0.89	0.66	0.28	0.51	0.78	0.57	0.17	0.37	0.18	-0.09	0.18	-0.64	0.64
Common Stock Shares Outstanding	0.18	0.49	0.36	0.14	0.16	-0.04	-0.99	0.25	0.16	0.16	0.53		0.05	0.42	0.89	0.13	0.29	0.27	0.25	0.54	0.14	-0.42	-0.46	0.27	-0.96	0.95
Non Current Liabilities Total	0.91	0.78	0.01	0.5	0.85	0.74	-0.08	0.88	0.47	0.47	0.49	0.05		0.23	0.38	0.78	0.67	0.52	0.93	0.31	0.93	0.79	0.79	0.56	-0.3	0.35
Other Current Assets	0.22	0.17	0.55	0.13	0.17	0.25	-0.46	0.07	0.0	0.0	0.89	0.42	0.23		0.53	0.19	0.31	0.79	0.39	0.14	0.17	0.14	-0.33	0.1	-0.46	0.44
Other Stockholder Equity	0.48	0.61	0.28	0.22	0.48	0.14	-0.9	0.48	0.37	0.37	0.66	0.89	0.38	0.53		0.32	0.57	0.53	0.54	0.5	0.42	-0.12	-0.17	0.31	-0.96	0.95
Total Liab	0.84	0.85	0.54	0.93	0.54	0.84	-0.13	0.85	0.3	0.3	0.28	0.13	0.78	0.19	0.32		0.44	0.39	0.85	0.76	0.9	0.78	0.55	0.92	-0.27	0.3
Total Current Assets	0.82	0.46	-0.05	0.22	0.93	0.08	-0.26	0.63	0.93	0.93	0.51	0.29	0.67	0.31	0.57	0.44		0.79	0.76	0.3	0.72	0.37	0.43	0.22	-0.52	0.5
Common Stock	0.64	0.28	0.32	0.24	0.66	0.19	-0.27	0.39	0.58	0.58	0.78	0.27	0.52	0.79	0.53	0.39	0.79		0.69	0.22	0.54	0.41	0.11	0.16	-0.44	0.41
Property Plant And Equipment Net	0.97	0.81	0.27	0.64	0.85	0.67	-0.26	0.92	0.56	0.56	0.57	0.25	0.93	0.39	0.54	0.85	0.76	0.69		0.51	0.97	0.75	0.61	0.64	-0.47	0.51
Current Deferred Revenue	0.54	0.75	0.72	0.87	0.22	0.45	-0.51	0.57	0.26	0.26	0.17	0.54	0.31	0.14	0.5	0.76	0.3	0.22	0.51		0.57	0.21	0.01	0.89	-0.54	0.53
Non Current Assets Total	0.99	0.83	0.22	0.72	0.84	0.69	-0.14	0.96	0.58	0.58	0.37	0.14	0.93	0.17	0.42	0.9	0.72	0.54	0.97	0.57		0.79	0.72	0.72	-0.36	0.4
Non Currrent Assets Other	0.73	0.47	0.19	0.62	0.55	0.78	0.4	0.67	0.25	0.25	0.18	-0.42	0.79	0.14	-0.12	0.78	0.37	0.41	0.75	0.21	0.79		0.79	0.53	0.23	-0.17
Other Assets	0.69	0.43	-0.37	0.31	0.69	0.51	0.45	0.68	0.44	0.44	-0.09	-0.46	0.79	-0.33	-0.17	0.55	0.43	0.11	0.61	0.01	0.72	0.79		0.32	0.23	-0.17
Short Term Debt	0.64	0.86	0.65	0.95	0.28	0.78	-0.27	0.69	0.12	0.12	0.18	0.27	0.56	0.1	0.31	0.92	0.22	0.16	0.64	0.89	0.72	0.53	0.32		-0.33	0.34
Other Liab	-0.42	-0.61	-0.28	-0.19	-0.42	-0.07	0.96	-0.45	-0.36	-0.36	-0.64	-0.96	-0.3	-0.46	-0.96	-0.27	-0.52	-0.44	-0.47	-0.54	-0.36	0.23	0.23	-0.33		-0.99
Net Tangible Assets	0.44	0.66	0.26	0.22	0.44	0.13	-0.95	0.51	0.32	0.32	0.64	0.95	0.35	0.44	0.95	0.3	0.5	0.41	0.51	0.53	0.4	-0.17	-0.17	0.34	-0.99

Click cells to compare fundamentals

IMAC Holdings Account Relationship Matchups

IMAC Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.4M	19.7M	27.2M	11.1M	1.1M	1.1M
Short Long Term Debt Total	8.4M	9.1M	5.9M	4.2M	4.8M	5.4M
Other Current Liab	421.0K	339.4K	337.9K	5.6M	1.3M	2.1M
Total Current Liabilities	6.1M	6.0M	4.9M	3.7M	1.9M	1.8M
Total Stockholder Equity	10.0M	10.4M	18.0M	4.7M	(752.6K)	(715.0K)
Net Debt	8.0M	6.5M	(1.2M)	3.4M	(221.5K)	(210.4K)
Retained Earnings	(10.0M)	(15.0M)	(28.2M)	(46.5M)	(55.9M)	(53.1M)
Accounts Payable	2.9M	1.7M	2.5M	568.6K	584.1K	554.9K
Cash	373.7K	2.6M	7.1M	763.2K	221.5K	210.4K
Cash And Short Term Investments	373.7K	2.6M	7.1M	763.2K	221.5K	210.4K
Net Receivables	1.3M	1.5M	1.2M	2.9M	731.1K	1.3M
Common Stock Shares Outstanding	258.5K	368.3K	751.7K	942.5K	1.1M	1.2M
Liabilities And Stockholders Equity	20.4M	19.7M	27.2M	11.1M	1.1M	1.1M
Non Current Liabilities Total	1.2M	6.4M	6.0M	4.3M	2.7M	0.0
Other Current Assets	633.3K	619.7K	739.2K	10.1M	191.5K	182.0K
Other Stockholder Equity	20.1M	25.5M	46.1M	51.2M	55.2M	27.7M
Total Liab	12.5M	11.9M	9.3M	6.4M	1.9M	1.8M
Total Current Assets	2.6M	4.8M	9.1M	4.2M	1.1M	1.1M
Common Stock	8.9K	12.8K	26.2K	32.9K	1.1K	1.1K
Property Plant And Equipment Net	7.4M	5.6M	7.3M	5.2M	762K	723.9K
Current Deferred Revenue	189.7K	295.1K	320.9K	241.7K	277.9K	299.3K
Non Current Assets Total	17.8M	15.0M	18.2M	6.9M	762K	723.9K
Non Currrent Assets Other	1.2M	743.3K	430.9K	300.4K	(762K)	(723.9K)
Other Assets	1.2M	987.1K	674.6K	(762K)	(685.8K)	(651.5K)
Short Term Debt	2.5M	3.6M	1.8M	1.4M	1.3M	1.9M
Long Term Debt	2.1M	2.0M	104.7K	53.0K	47.7K	45.3K
Capital Lease Obligations	4.8M	4.7M	5.5M	4.1M	4.7M	4.3M
Net Invested Capital	13.6M	14.9M	18.3M	4.8M	(752.7K)	(715.0K)
Short Long Term Debt	1.5M	2.5M	254.5K	51.7K	46.5K	44.2K
Capital Stock	8.9K	12.8K	26.2K	32.9K	1.2K	1.1K
Net Working Capital	(3.5M)	(1.2M)	4.1M	494.1K	(752.6K)	(790.3K)
Intangible Assets	7.2M	6.6M	5.8M	1.4M	1.2M	1.2M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether IMAC Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IMAC Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Imac Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Imac Holdings Stock:

How To Invest In IMAC

Details

Is IMAC Stock a good investment?

Details

What is IMAC Holdings' Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IMAC Holdings. If investors know IMAC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(5.03)

Revenue Per Share

7.719

Quarterly Revenue Growth

(0.59)

Return On Assets

(0.38)

Return On Equity

(3.32)

The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

IMAC Cost Of Revenue vs Gross Profit Analysis

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Gross Profit

IMAC Holdings fundamental ratios Correlations

IMAC Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IMAC Holdings fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Other Liab	+ 0.96	Retained Earnings
Non Current Assets Total	+ 0.96	Accounts Payable

Net Tangible Assets	- 0.99	Other Liab
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Other Liab	- 0.96	Other Stockholder Equity
Other Liab	- 0.96	Common Stock Shares Outstanding
Net Tangible Assets	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.9	Retained Earnings