Creo Income Before Tax vs Reconciled Depreciation Analysis

CREO Stock

14.63 0.25 1.68%

Creo Medical financial indicator trend analysis is way more than just evaluating Creo Medical Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creo Medical Group is a good investment. Please check the relationship between Creo Medical Income Before Tax and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creo Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Reconciled Depreciation

Income Before Tax vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Creo Medical Group Income Before Tax account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Creo Medical's Income Before Tax and Reconciled Depreciation is -0.85. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Creo Medical Group, assuming nothing else is changed. The correlation between historical values of Creo Medical's Income Before Tax and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Creo Medical Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Before Tax i.e., Creo Medical's Income Before Tax and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Creo Medical income statement and is an important metric when analyzing Creo Medical Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Reconciled Depreciation

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

Selling General Administrative is likely to gain to about 48.9 M in 2025, whereas Tax Provision is likely to drop (2.6 M) in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	248K	400K	460K	483K
Depreciation And Amortization	3.1M	3.4M	3.9M	4.1M

Interest Expense Depreciation And Amortization

Creo Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Investments	Total Liab	Property Plant Equipment	Other Liab	Cash	Net Receivables	Total Stockholder Equity	Retained Earnings	Inventory	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Common Stock
Total Assets		0.82	0.88	0.82	0.5	0.87	0.81	0.96	0.57	0.89	0.99	-0.81	0.86	0.8	-0.3	0.84	-0.55	0.65	0.89	0.73	0.83	0.86	0.91	0.75	0.89	0.78
Other Current Liab	0.82		0.96	0.83	0.11	0.94	0.67	0.71	0.48	0.58	0.73	-0.62	0.79	0.66	-0.22	0.77	-0.89	0.46	0.66	0.43	0.86	0.73	0.63	0.57	0.7	0.43
Total Current Liabilities	0.88	0.96		0.92	0.33	0.99	0.82	0.8	0.34	0.73	0.78	-0.77	0.92	0.82	-0.07	0.9	-0.81	0.38	0.74	0.62	0.94	0.79	0.78	0.75	0.66	0.61
Accounts Payable	0.82	0.83	0.92		0.46	0.92	0.9	0.78	0.17	0.82	0.74	-0.87	0.94	0.91	-0.01	0.92	-0.67	0.35	0.83	0.71	0.88	0.89	0.84	0.86	0.55	0.72
Short Term Investments	0.5	0.11	0.33	0.46		0.4	0.75	0.56	-0.27	0.79	0.5	-0.79	0.66	0.73	0.4	0.68	0.27	0.0	0.52	0.94	0.52	0.42	0.78	0.8	0.19	0.92
Total Liab	0.87	0.94	0.99	0.92	0.4		0.84	0.8	0.27	0.76	0.78	-0.81	0.94	0.84	-0.01	0.93	-0.77	0.34	0.74	0.68	0.98	0.77	0.81	0.77	0.63	0.66
Property Plant Equipment	0.81	0.67	0.82	0.9	0.75	0.84		0.81	0.01	0.9	0.75	-0.97	0.97	1.0	0.23	0.97	-0.39	0.18	0.75	0.91	0.85	0.8	0.95	0.99	0.48	0.89
Other Liab	0.96	0.71	0.8	0.78	0.56	0.8	0.81		0.51	0.91	0.96	-0.82	0.84	0.8	-0.23	0.82	-0.45	0.59	0.88	0.77	0.79	0.85	0.93	0.77	0.85	0.81
Cash	0.57	0.48	0.34	0.17	-0.27	0.27	0.01	0.51		0.22	0.63	-0.02	0.09	-0.01	-0.89	0.04	-0.42	0.88	0.46	-0.09	0.15	0.42	0.21	-0.09	0.86	0.03
Net Receivables	0.89	0.58	0.73	0.82	0.79	0.76	0.9	0.91	0.22		0.88	-0.94	0.89	0.89	-0.03	0.88	-0.25	0.45	0.9	0.92	0.79	0.84	0.98	0.89	0.66	0.96
Total Stockholder Equity	0.99	0.73	0.78	0.74	0.5	0.78	0.75	0.96	0.63	0.88		-0.77	0.78	0.74	-0.38	0.76	-0.44	0.72	0.88	0.71	0.73	0.84	0.89	0.7	0.93	0.77
Retained Earnings	-0.81	-0.62	-0.77	-0.87	-0.79	-0.81	-0.97	-0.82	-0.02	-0.94	-0.77		-0.95	-0.97	-0.18	-0.94	0.31	-0.23	-0.79	-0.93	-0.83	-0.83	-0.96	-0.97	-0.51	-0.93
Inventory	0.86	0.79	0.92	0.94	0.66	0.94	0.97	0.84	0.09	0.89	0.78	-0.95		0.97	0.16	1.0	-0.54	0.24	0.78	0.87	0.94	0.81	0.93	0.94	0.55	0.85
Property Plant And Equipment Net	0.8	0.66	0.82	0.91	0.73	0.84	1.0	0.8	-0.01	0.89	0.74	-0.97	0.97		0.24	0.97	-0.4	0.16	0.74	0.9	0.84	0.8	0.94	0.99	0.46	0.88
Net Debt	-0.3	-0.22	-0.07	-0.01	0.4	-0.01	0.23	-0.23	-0.89	-0.03	-0.38	-0.18	0.16	0.24		0.22	0.23	-0.9	-0.37	0.29	0.12	-0.3	0.04	0.3	-0.65	0.16
Non Current Assets Total	0.84	0.77	0.9	0.92	0.68	0.93	0.97	0.82	0.04	0.88	0.76	-0.94	1.0	0.97	0.22		-0.52	0.19	0.75	0.88	0.95	0.77	0.92	0.94	0.51	0.85
Non Currrent Assets Other	-0.55	-0.89	-0.81	-0.67	0.27	-0.77	-0.39	-0.45	-0.42	-0.25	-0.44	0.31	-0.54	-0.4	0.23	-0.52		-0.3	-0.4	-0.07	-0.66	-0.52	-0.31	-0.29	-0.48	-0.05
Cash And Short Term Investments	0.65	0.46	0.38	0.35	0.0	0.34	0.18	0.59	0.88	0.45	0.72	-0.23	0.24	0.16	-0.9	0.19	-0.3		0.71	0.15	0.25	0.59	0.38	0.11	0.86	0.28
Common Stock Total Equity	0.89	0.66	0.74	0.83	0.52	0.74	0.75	0.88	0.46	0.9	0.88	-0.79	0.78	0.74	-0.37	0.75	-0.4	0.71		0.69	0.72	0.92	0.85	0.71	0.78	0.79
Common Stock Shares Outstanding	0.73	0.43	0.62	0.71	0.94	0.68	0.91	0.77	-0.09	0.92	0.71	-0.93	0.87	0.9	0.29	0.88	-0.07	0.15	0.69		0.75	0.64	0.93	0.93	0.41	0.98
Non Current Liabilities Total	0.83	0.86	0.94	0.88	0.52	0.98	0.85	0.79	0.15	0.79	0.73	-0.83	0.94	0.84	0.12	0.95	-0.66	0.25	0.72	0.75		0.7	0.82	0.79	0.55	0.73
Other Current Assets	0.86	0.73	0.79	0.89	0.42	0.77	0.8	0.85	0.42	0.84	0.84	-0.83	0.81	0.8	-0.3	0.77	-0.52	0.59	0.92	0.64	0.7		0.83	0.76	0.75	0.71
Other Stockholder Equity	0.91	0.63	0.78	0.84	0.78	0.81	0.95	0.93	0.21	0.98	0.89	-0.96	0.93	0.94	0.04	0.92	-0.31	0.38	0.85	0.93	0.82	0.83		0.94	0.66	0.95
Property Plant And Equipment Gross	0.75	0.57	0.75	0.86	0.8	0.77	0.99	0.77	-0.09	0.89	0.7	-0.97	0.94	0.99	0.3	0.94	-0.29	0.11	0.71	0.93	0.79	0.76	0.94		0.4	0.91
Total Current Assets	0.89	0.7	0.66	0.55	0.19	0.63	0.48	0.85	0.86	0.66	0.93	-0.51	0.55	0.46	-0.65	0.51	-0.48	0.86	0.78	0.41	0.55	0.75	0.66	0.4		0.5
Common Stock	0.78	0.43	0.61	0.72	0.92	0.66	0.89	0.81	0.03	0.96	0.77	-0.93	0.85	0.88	0.16	0.85	-0.05	0.28	0.79	0.98	0.73	0.71	0.95	0.91	0.5

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Creo Medical Account Relationship Matchups

Creo Medical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	92.5M	100.6M	75.3M	76.6M	88.1M	92.5M
Other Current Liab	9.4M	10.3M	7.5M	3.8M	4.4M	2.7M
Total Current Liabilities	18.0M	19.7M	17.5M	9.9M	11.4M	12.0M
Accounts Payable	2.5M	3.5M	4.3M	2.5M	2.9M	3.0M
Total Liab	29.7M	27.3M	25.9M	16.8M	19.3M	20.3M
Property Plant Equipment	906.3K	1.3M	3.4M	8.6M	9.9M	10.4M
Cash	45.1M	43.5M	13.1M	3M	3.5M	3.3M
Net Receivables	4.2M	3.9M	5M	6.4M	7.4M	7.7M
Total Stockholder Equity	62.8M	73.3M	49.4M	59.8M	68.8M	72.2M
Retained Earnings	(57.6M)	(82.2M)	(109.1M)	(144.4M)	(130.0M)	(123.5M)
Inventory	6.8M	8.5M	9.3M	8.1M	9.3M	9.8M
Property Plant And Equipment Net	3.4M	8.6M	10.2M	9.1M	10.5M	11.0M
Net Debt	(32.7M)	(33.0M)	(3.0M)	5.3M	4.8M	5.0M
Non Current Assets Total	33.0M	39.4M	41.7M	38.7M	44.5M	46.7M
Non Currrent Assets Other	(18.3M)	(18.6M)	(19.6M)	200K	180K	189K
Cash And Short Term Investments	45.1M	43.5M	13.1M	18.5M	21.3M	26.4M
Common Stock Shares Outstanding	161.6M	170.4M	187.9M	313.0M	360.0M	378.0M
Liabilities And Stockholders Equity	92.5M	100.6M	75.3M	76.6M	88.1M	55.6M
Non Current Liabilities Total	11.6M	7.6M	8.5M	6.9M	7.9M	8.3M
Other Current Assets	3.3M	5.3M	6.3M	4.9M	5.6M	3.5M
Other Stockholder Equity	101.7M	135.8M	149.5M	180.9M	208.0M	218.4M
Property Plant And Equipment Gross	3.4M	13.6M	17.0M	17.3M	19.9M	20.9M
Total Current Assets	59.5M	61.2M	33.7M	37.9M	43.6M	32.9M
Accumulated Other Comprehensive Income	4.9M	5.8M	8.8M	22.9M	26.3M	27.7M
Common Stock	158K	181K	182K	400K	460K	483K
Net Tangible Assets	47.4M	81.9M	34.8M	46.4M	53.4M	29.1M
Other Assets	19.3K	128.4K	1.1M	1.0	1.15	1.09
Short Long Term Debt Total	12.4M	10.6M	10.1M	8.3M	9.5M	5.2M
Long Term Debt	5.2M	3.8M	4.9M	4.4M	5.1M	5.3M
Short Long Term Debt	5.2M	4.7M	1.6M	2.5M	2.9M	1.6M
Short Term Debt	5.8M	5.4M	4.6M	3.1M	3.6M	2.2M
Intangible Assets	28.5M	27.3M	27.6M	7.1M	8.2M	10.1M
Current Deferred Revenue	(4.0M)	161K	214K	(200K)	(230K)	(241.5K)
Capital Lease Obligations	2.0M	2.1M	1.7M	1.4M	1.6M	1.4M
Net Invested Capital	73.2M	81.8M	51.0M	66.7M	76.7M	67.9M
Net Working Capital	38.7M	41.4M	16.2M	28M	25.2M	29.3M

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Creo Income Before Tax vs Reconciled Depreciation Analysis

Income Before Tax vs Reconciled Depreciation

Income Before Tax vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Income Before Tax

Reconciled Depreciation

Creo Medical fundamental ratios Correlations

Creo Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Creo Medical fundamental ratios Accounts

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Additional Tools for Creo Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Non Current Assets Total	+ 1.0	Inventory
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.99	Property Plant Equipment
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.97	Retained Earnings
Property Plant And Equipment Net	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Property Plant Equipment
Other Stockholder Equity	- 0.96	Retained Earnings
Inventory	- 0.95	Retained Earnings
Non Current Assets Total	- 0.94	Retained Earnings