Healthcare Ebit vs Gross Profit Analysis
HAIAU Stock | USD 11.21 0.16 1.41% |
Healthcare financial indicator trend analysis is much more than just examining Healthcare AI Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare AI Acquisition is a good investment. Please check the relationship between Healthcare Ebit and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare AI Acquisition. 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare AI Acquisition Ebit account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Healthcare's Ebit and Gross Profit is 0.14. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Healthcare AI Acquisition, assuming nothing else is changed. The correlation between historical values of Healthcare's Ebit 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 Ebit of Healthcare AI Acquisition 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 Ebit i.e., Healthcare's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Healthcare AI Acquisition minus its cost of goods sold. It is profit before Healthcare 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 Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare AI Acquisition 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare AI Acquisition. 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, Healthcare's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 40.66 in 2024, whereas Selling General Administrative is likely to drop slightly above 964.8 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 2.7M | 1.2M | 1.2M | 1.4M | Interest Expense | 13.4M | 14.0M | 16.1M | 15.1M |
Healthcare fundamental ratios Correlations
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Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Healthcare Stock Analysis
When running Healthcare's price analysis, check to measure Healthcare'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 Healthcare is operating at the current time. Most of Healthcare's value examination focuses on studying past and present price action to predict the probability of Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare's price. Additionally, you may evaluate how the addition of Healthcare to your portfolios can decrease your overall portfolio volatility.