| CATX Stock | | | 4.35 0.23 5.58% |
Perspective Therapeutics financial indicator trend analysis is much more than just breaking down Perspective Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perspective Therapeutics is a good investment. Please check the relationship between Perspective Therapeutics Net Income and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Perspective Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Perspective Stock please use our
How to Invest in Perspective Therapeutics guide.
Net Income vs Tax Provision
Net Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Perspective Therapeutics Net Income account and
Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Perspective Therapeutics' Net Income and Tax Provision is -0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Perspective Therapeutics, assuming nothing else is changed. The correlation between historical values of Perspective Therapeutics' Net Income and Tax Provision 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 Perspective Therapeutics are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income i.e., Perspective Therapeutics' Net Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.94 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Perspective Therapeutics financial statement analysis. It represents the amount of money remaining after all of Perspective Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Perspective Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perspective Therapeutics 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 Perspective Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
For more information on how to buy Perspective Stock please use our
How to Invest in Perspective Therapeutics guide.At this time, Perspective Therapeutics'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 15.35 in 2024, whereas Tax Provision is likely to drop (2.5
M) in 2024.
Perspective Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Perspective Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Perspective Therapeutics fundamental ratios Accounts
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Additional Tools for Perspective Stock Analysis
When running Perspective Therapeutics' price analysis, check to
measure Perspective Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perspective Therapeutics is operating at the current time. Most of Perspective Therapeutics' value examination focuses on studying past and present price action to
predict the probability of Perspective Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perspective Therapeutics' price. Additionally, you may evaluate how the addition of Perspective Therapeutics to your portfolios can decrease your overall portfolio volatility.