Blue Gross Profit vs Net Income Analysis

BHAT Stock  USD 0.06  0.01  11.55%   
Blue Hat financial indicator trend analysis is way more than just evaluating Blue Hat Interactive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Hat Interactive is a good investment. Please check the relationship between Blue Hat Gross Profit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Hat Interactive Gross Profit account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Hat's Gross Profit and Net Income is 0.71. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Blue Hat Interactive, assuming nothing else is changed. The correlation between historical values of Blue Hat's Gross Profit 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 Gross Profit of Blue Hat Interactive 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 Gross Profit i.e., Blue Hat's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Blue Hat Interactive financial statement analysis. It represents the amount of money remaining after all of Blue Hat Interactive operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Blue Hat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Hat Interactive 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 Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Blue Hat's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.34 in 2025, whereas Discontinued Operations is likely to drop slightly above 939.1 K in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit4.0M1.2M1.0M986.5K
Total Revenue7.4M73.7M84.7M89.0M

Blue Hat fundamental ratios Correlations

-0.140.30.720.650.170.140.590.440.940.190.360.330.890.480.250.290.530.320.1-0.320.670.590.14
-0.14-0.12-0.12-0.22-0.4-0.42-0.440.060.04-0.040.12-0.09-0.390.32-0.370.57-0.420.470.80.16-0.3-0.560.05
0.3-0.12-0.420.090.460.910.54-0.090.43-0.11-0.180.990.57-0.420.92-0.580.05-0.57-0.040.12-0.31-0.28-0.58
0.72-0.12-0.420.63-0.03-0.50.260.470.560.120.53-0.410.430.76-0.420.590.540.650.13-0.50.920.830.43
0.65-0.220.090.630.71-0.070.80.370.5-0.520.70.040.450.6-0.060.010.83-0.030.32-0.850.770.51-0.38
0.17-0.40.46-0.030.710.420.830.020.11-0.80.360.360.240.030.33-0.640.6-0.670.1-0.660.260.09-0.84
0.14-0.420.91-0.5-0.070.420.46-0.240.21-0.02-0.450.90.54-0.660.97-0.77-0.04-0.73-0.420.24-0.38-0.2-0.46
0.59-0.440.540.260.80.830.460.390.53-0.450.340.490.620.140.48-0.440.61-0.440.0-0.710.450.32-0.57
0.440.06-0.090.470.370.02-0.240.390.380.040.47-0.080.20.58-0.140.330.00.310.15-0.590.40.210.12
0.940.040.430.560.50.110.210.530.380.220.260.460.850.370.360.290.40.320.21-0.20.510.430.1
0.19-0.04-0.110.12-0.52-0.8-0.02-0.450.040.22-0.420.010.26-0.180.10.42-0.310.44-0.460.64-0.120.130.83
0.360.12-0.180.530.70.36-0.450.340.470.26-0.42-0.220.010.84-0.440.390.620.320.6-0.660.650.28-0.24
0.33-0.090.99-0.410.040.360.90.49-0.080.460.01-0.220.6-0.420.93-0.50.02-0.52-0.070.2-0.33-0.3-0.47
0.89-0.390.570.430.450.240.540.620.20.850.260.010.60.050.62-0.090.41-0.02-0.24-0.090.410.510.05
0.480.32-0.420.760.60.03-0.660.140.580.37-0.180.84-0.420.05-0.620.710.40.640.6-0.580.720.380.17
0.25-0.370.92-0.42-0.060.330.970.48-0.140.360.1-0.440.930.62-0.62-0.66-0.02-0.62-0.390.25-0.32-0.15-0.36
0.290.57-0.580.590.01-0.64-0.77-0.440.330.290.420.39-0.5-0.090.71-0.66-0.030.950.470.040.360.190.67
0.53-0.420.050.540.830.6-0.040.610.00.4-0.310.620.020.410.4-0.02-0.03-0.040.12-0.550.750.6-0.26
0.320.47-0.570.65-0.03-0.67-0.73-0.440.310.320.440.32-0.52-0.020.64-0.620.95-0.040.370.070.420.360.69
0.10.8-0.040.130.320.1-0.420.00.150.21-0.460.6-0.07-0.240.6-0.390.470.120.37-0.30.13-0.27-0.31
-0.320.160.12-0.5-0.85-0.660.24-0.71-0.59-0.20.64-0.660.2-0.09-0.580.250.04-0.550.07-0.3-0.65-0.370.4
0.67-0.3-0.310.920.770.26-0.380.450.40.51-0.120.65-0.330.410.72-0.320.360.750.420.13-0.650.880.16
0.59-0.56-0.280.830.510.09-0.20.320.210.430.130.28-0.30.510.38-0.150.190.60.36-0.27-0.370.880.35
0.140.05-0.580.43-0.38-0.84-0.46-0.570.120.10.83-0.24-0.470.050.17-0.360.67-0.260.69-0.310.40.160.35
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Blue Hat Account Relationship Matchups

Blue Hat fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets75.7M36.5M34.3M49.3M56.7M47.4M
Other Current Liab3.6M23.2M13.9M4.0M4.6M7.3M
Total Current Liabilities16.7M18.3M17.4M5.7M5.1M4.8M
Total Stockholder Equity58.8M15.2M12.1M40.6M46.7M30.2M
Net Tangible Assets24.0M38.0M44.6M8.3M9.5M9.0M
Retained Earnings31.4M(25.7M)(35.1M)(56.8M)(51.1M)(48.6M)
Accounts Payable211.6K959.2K325.0K318.7K286.9K272.5K
Cash15.8M135.6K76.5K407.6K366.8K348.5K
Non Current Assets Total25.0M14.8M12.7M10.0M11.5M11.3M
Non Currrent Assets Other4.2M1.7M2.5M2.4M2.7M2.3M
Other Assets3.6M(1.0)4.3M1.7M2.0M1.7M
Long Term Debt505.8K517.6K2.3M835.0K960.2K543.8K
Cash And Short Term Investments15.8M135.6K76.5K407.6K366.8K348.5K
Net Receivables32.1M19.7M15.3M21.3M24.5M19.8M
Common Stock Shares Outstanding4.0M5.1M7.6M29.7M34.2M35.9M
Liabilities And Stockholders Equity75.7M36.5M34.3M49.3M56.7M39.6M
Non Current Liabilities Total300.5K579.6K2.3M3.0M3.4M3.6M
Capital Lease Obligations300.5K159.1K42.3K2.4M2.7M2.9M
Inventory117.1K108.6K12.4M17.5M20.2M21.2M
Other Current Assets16.0M1.8M6.2M38.2K43.9K41.7K
Other Stockholder Equity23.5M36.3M44.1M93.8M107.9M113.3M
Total Liab16.7M18.9M19.7M8.6M7.8M12.0M
Long Term Investments1.9M1.9M1.7M1.7M1.9M1.3M
Property Plant And Equipment Gross4.5M5.5M5.1M7.0M8.1M8.5M
Short Long Term Debt5.9M860.9K1.3M273.7K314.8K299.0K
Total Current Assets50.7M21.7M21.5M39.3M45.2M35.4M
Accumulated Other Comprehensive Income3.9M4.6M3.0M3.0M3.5M2.0M
Short Term Debt5.6M958.0K485.1K509.2K458.3K435.4K
Intangible Assets6.8M14.3M6.9M4.7M5.3M6.2M
Common Stock38.6K53.8K98.9K584.0K525.6K499.3K
Property Plant Equipment208.9K3.0M4.5M4.3M5.0M5.2M
Short Long Term Debt Total6.2M1.5M3.6M3.5M3.1M3.3M
Property Plant And Equipment Net4.5M4.3M3.9M5.9M6.8M3.5M
Net Debt(9.6M)1.4M3.5M3.1M3.5M3.7M
Net Invested Capital64.7M16.6M15.7M41.7M37.6M28.2M
Net Working Capital34.0M3.4M4.1M33.6M30.3M16.0M

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