Alpha Ebitda vs Gross Profit Analysis

DRTSW Stock

USD 0.17 0.01 6.25%

Alpha Tau financial indicator trend analysis is way more than just evaluating Alpha Tau Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alpha Tau Medical is a good investment. Please check the relationship between Alpha Tau Ebitda and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alpha Tau Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alpha Tau Medical Ebitda account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Alpha Tau's Ebitda and Gross Profit is 0.95. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Alpha Tau Medical, assuming nothing else is changed. The correlation between historical values of Alpha Tau's Ebitda 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 Ebitda of Alpha Tau Medical 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 Ebitda i.e., Alpha Tau's Ebitda and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Alpha Tau Medical minus its cost of goods sold. It is profit before Alpha Tau 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 Alpha Tau's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alpha Tau Medical 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alpha Tau Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Tax Provision is likely to drop to about 15.2 K in 2024. Selling General Administrative is likely to drop to about 4.8 M in 2024

	2021	2022	2023	2024 (projected)
Net Interest Income	195K	1.8M	4.7M	5.0M
Tax Provision	7K	20K	16K	15.2K

Net Interest Income Tax Provision

Alpha Tau fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Short Long Term Debt Total	Common Stock
Total Assets		0.69	0.85	0.91	0.93	0.01	-0.9	0.82	0.48	0.91	0.29	0.99	-0.12	-0.09	0.93	-0.39	-0.14	0.83	0.93	-0.29	0.9	0.84	0.99	0.99	-0.98	-0.51
Other Current Liab	0.69		0.95	0.46	0.87	0.37	-0.84	0.84	0.9	0.9	0.8	0.61	-0.32	-0.45	0.39	0.21	-0.26	0.83	0.66	0.31	0.48	0.82	0.61	0.58	-0.62	-0.55
Total Current Liabilities	0.85	0.95		0.69	0.98	0.16	-0.94	0.95	0.76	0.99	0.61	0.79	-0.29	-0.24	0.63	-0.09	-0.15	0.9	0.83	0.03	0.7	0.9	0.8	0.77	-0.82	-0.6
Total Stockholder Equity	0.91	0.46	0.69		0.79	-0.35	-0.85	0.74	0.19	0.76	0.03	0.91	-0.14	0.25	0.94	-0.65	0.14	0.78	0.97	-0.58	1.0	0.82	0.92	0.92	-0.96	-0.66
Property Plant And Equipment Net	0.93	0.87	0.98	0.79		0.09	-0.95	0.96	0.66	1.0	0.44	0.88	-0.32	-0.15	0.76	-0.23	-0.16	0.91	0.89	-0.12	0.8	0.91	0.89	0.86	-0.89	-0.6
Net Debt	0.01	0.37	0.16	-0.35	0.09		0.0	-0.04	0.71	0.13	0.55	-0.01	-0.23	-0.98	-0.25	0.87	-0.9	0.14	-0.19	0.89	-0.34	0.02	-0.02	-0.03	0.19	0.16
Retained Earnings	-0.9	-0.84	-0.94	-0.85	-0.95	0.0		-0.9	-0.64	-0.95	-0.49	-0.86	0.33	0.12	-0.74	0.24	0.06	-0.96	-0.96	0.14	-0.86	-0.98	-0.86	-0.84	0.9	0.79
Accounts Payable	0.82	0.84	0.95	0.74	0.96	-0.04	-0.9		0.59	0.96	0.36	0.76	-0.42	0.0	0.66	-0.29	-0.03	0.88	0.84	-0.19	0.75	0.89	0.77	0.74	-0.82	-0.65
Cash	0.48	0.9	0.76	0.19	0.66	0.71	-0.64	0.59		0.71	0.84	0.41	-0.43	-0.78	0.14	0.57	-0.61	0.72	0.42	0.66	0.21	0.66	0.41	0.38	-0.35	-0.44
Non Current Assets Total	0.91	0.9	0.99	0.76	1.0	0.13	-0.95	0.96	0.71		0.51	0.86	-0.3	-0.2	0.73	-0.17	-0.17	0.91	0.87	-0.06	0.77	0.91	0.87	0.84	-0.88	-0.6
Non Currrent Assets Other	0.29	0.8	0.61	0.03	0.44	0.55	-0.49	0.36	0.84	0.51		0.22	0.02	-0.67	-0.02	0.58	-0.24	0.46	0.26	0.65	0.04	0.45	0.22	0.19	-0.22	-0.25
Cash And Short Term Investments	0.99	0.61	0.79	0.91	0.88	-0.01	-0.86	0.76	0.41	0.86	0.22		-0.06	-0.07	0.96	-0.43	-0.14	0.78	0.91	-0.34	0.91	0.79	1.0	1.0	-0.98	-0.47
Net Receivables	-0.12	-0.32	-0.29	-0.14	-0.32	-0.23	0.33	-0.42	-0.43	-0.3	0.02	-0.06		0.19	0.06	-0.17	0.44	-0.54	-0.25	-0.2	-0.17	-0.48	-0.07	-0.05	0.06	0.64
Common Stock Shares Outstanding	-0.09	-0.45	-0.24	0.25	-0.15	-0.98	0.12	0.0	-0.78	-0.2	-0.67	-0.07	0.19		0.18	-0.86	0.85	-0.24	0.07	-0.89	0.24	-0.13	-0.06	-0.04	-0.09	-0.04
Short Term Investments	0.93	0.39	0.63	0.94	0.76	-0.25	-0.74	0.66	0.14	0.73	-0.02	0.96	0.06	0.18		-0.65	0.05	0.63	0.87	-0.58	0.93	0.66	0.96	0.97	-0.95	-0.38
Non Current Liabilities Total	-0.39	0.21	-0.09	-0.65	-0.23	0.87	0.24	-0.29	0.57	-0.17	0.58	-0.43	-0.17	-0.86	-0.65		-0.65	-0.1	-0.47	0.99	-0.64	-0.2	-0.43	-0.45	0.53	0.19
Inventory	-0.14	-0.26	-0.15	0.14	-0.16	-0.9	0.06	-0.03	-0.61	-0.17	-0.24	-0.14	0.44	0.85	0.05	-0.65		-0.24	0.05	-0.67	0.14	-0.11	-0.13	-0.13	-0.05	-0.04
Other Current Assets	0.83	0.83	0.9	0.78	0.91	0.14	-0.96	0.88	0.72	0.91	0.46	0.78	-0.54	-0.24	0.63	-0.1	-0.24		0.9	-0.01	0.79	0.99	0.79	0.77	-0.8	-0.85
Other Stockholder Equity	0.93	0.66	0.83	0.97	0.89	-0.19	-0.96	0.84	0.42	0.87	0.26	0.91	-0.25	0.07	0.87	-0.47	0.05	0.9		-0.38	0.97	0.94	0.92	0.91	-0.96	-0.77
Total Liab	-0.29	0.31	0.03	-0.58	-0.12	0.89	0.14	-0.19	0.66	-0.06	0.65	-0.34	-0.2	-0.89	-0.58	0.99	-0.67	-0.01	-0.38		-0.57	-0.1	-0.34	-0.37	0.44	0.14
Net Invested Capital	0.9	0.48	0.7	1.0	0.8	-0.34	-0.86	0.75	0.21	0.77	0.04	0.91	-0.17	0.24	0.93	-0.64	0.14	0.79	0.97	-0.57		0.83	0.91	0.91	-0.96	-0.69
Property Plant And Equipment Gross	0.84	0.82	0.9	0.82	0.91	0.02	-0.98	0.89	0.66	0.91	0.45	0.79	-0.48	-0.13	0.66	-0.2	-0.11	0.99	0.94	-0.1	0.83		0.8	0.78	-0.84	-0.87
Total Current Assets	0.99	0.61	0.8	0.92	0.89	-0.02	-0.86	0.77	0.41	0.87	0.22	1.0	-0.07	-0.06	0.96	-0.43	-0.13	0.79	0.92	-0.34	0.91	0.8		1.0	-0.98	-0.48
Net Working Capital	0.99	0.58	0.77	0.92	0.86	-0.03	-0.84	0.74	0.38	0.84	0.19	1.0	-0.05	-0.04	0.97	-0.45	-0.13	0.77	0.91	-0.37	0.91	0.78	1.0		-0.97	-0.46
Short Long Term Debt Total	-0.98	-0.62	-0.82	-0.96	-0.89	0.19	0.9	-0.82	-0.35	-0.88	-0.22	-0.98	0.06	-0.09	-0.95	0.53	-0.05	-0.8	-0.96	0.44	-0.96	-0.84	-0.98	-0.97		0.57
Common Stock	-0.51	-0.55	-0.6	-0.66	-0.6	0.16	0.79	-0.65	-0.44	-0.6	-0.25	-0.47	0.64	-0.04	-0.38	0.19	-0.04	-0.85	-0.77	0.14	-0.69	-0.87	-0.48	-0.46	0.57

Click cells to compare fundamentals

Alpha Tau Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Alpha Stock Analysis

When running Alpha Tau's price analysis, check to measure Alpha Tau's 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 Alpha Tau is operating at the current time. Most of Alpha Tau's value examination focuses on studying past and present price action to predict the probability of Alpha Tau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Tau's price. Additionally, you may evaluate how the addition of Alpha Tau to your portfolios can decrease your overall portfolio volatility.

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

Alpha Ebitda vs Gross Profit Analysis

Ebitda vs Gross Profit

Ebitda vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebitda

Gross Profit

Alpha Tau fundamental ratios Correlations

Alpha Tau Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Alpha Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Net Working Capital	+ 1.0	Cash And Short Term Investments
Net Working Capital	+ 1.0	Total Current Assets
Cash And Short Term Investments	+ 0.99	Total Assets

Short Long Term Debt Total	- 0.98	Total Current Assets
Short Long Term Debt Total	- 0.98	Cash And Short Term Investments
Property Plant And Equipment Gross	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.98	Net Debt
Short Long Term Debt Total	- 0.98	Total Assets
Short Long Term Debt Total	- 0.97	Net Working Capital