Harvard Net Income vs Selling And Marketing Expenses Analysis

HBIO Stock  USD 2.20  0.01  0.46%   
Harvard Bioscience financial indicator trend analysis is much more than just examining Harvard Bioscience latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harvard Bioscience is a good investment. Please check the relationship between Harvard Bioscience Net Income and its Selling And Marketing Expenses accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harvard Bioscience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.

Net Income vs Selling And Marketing Expenses

Net Income vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harvard Bioscience Net Income account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Harvard Bioscience's Net Income and Selling And Marketing Expenses is 0.17. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Harvard Bioscience, assuming nothing else is changed. The correlation between historical values of Harvard Bioscience's Net Income and Selling And Marketing Expenses 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 Harvard Bioscience are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Net Income i.e., Harvard Bioscience's Net Income and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Harvard Bioscience financial statement analysis. It represents the amount of money remaining after all of Harvard Bioscience operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Selling And Marketing Expenses

Most indicators from Harvard Bioscience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harvard Bioscience 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 Harvard Bioscience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.At this time, Harvard Bioscience's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 1.1 M, while Discontinued Operations is likely to drop about 1.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit67.7M60.8M66.1M48.5M
Total Revenue118.9M113.3M112.3M96.8M

Harvard Bioscience fundamental ratios Correlations

0.790.580.290.030.290.890.910.810.90.720.240.70.45-0.70.580.970.410.810.860.770.870.00.290.150.78
0.790.020.640.220.640.680.780.290.950.16-0.20.220.38-0.410.490.630.150.840.690.230.610.170.040.410.46
0.580.02-0.5-0.33-0.50.60.490.880.250.890.660.840.33-0.770.360.720.440.270.550.870.64-0.170.64-0.210.62
0.290.64-0.50.51.00.020.15-0.150.53-0.18-0.53-0.3-0.030.31-0.080.13-0.110.250.04-0.14-0.090.02-0.390.450.13
0.030.22-0.330.50.5-0.01-0.02-0.170.17-0.16-0.18-0.13-0.180.18-0.47-0.060.22-0.12-0.04-0.19-0.080.04-0.130.28-0.33
0.290.64-0.51.00.50.020.15-0.150.53-0.18-0.53-0.3-0.030.31-0.080.13-0.110.250.04-0.14-0.090.02-0.390.450.13
0.890.680.60.02-0.010.020.980.750.80.630.420.790.57-0.880.650.860.380.780.990.660.960.070.470.030.51
0.910.780.490.15-0.020.150.980.680.880.540.310.680.56-0.830.690.840.30.860.980.590.930.090.380.070.54
0.810.290.88-0.15-0.17-0.150.750.680.50.980.560.890.34-0.710.450.920.50.480.690.990.78-0.150.42-0.160.78
0.90.950.250.530.170.530.80.880.50.37-0.020.420.39-0.590.540.760.170.860.80.440.750.010.160.340.55
0.720.160.89-0.18-0.16-0.180.630.540.980.370.560.850.31-0.60.320.850.490.320.570.980.66-0.210.42-0.160.75
0.24-0.20.66-0.53-0.18-0.530.420.310.56-0.020.560.790.41-0.60.310.370.420.170.410.480.420.080.4-0.70.17
0.70.220.84-0.3-0.13-0.30.790.680.890.420.850.790.55-0.80.480.790.560.460.760.80.79-0.040.56-0.250.5
0.450.380.33-0.03-0.18-0.030.570.560.340.390.310.410.55-0.520.550.440.090.430.670.230.510.080.420.00.22
-0.7-0.41-0.770.310.180.31-0.88-0.83-0.71-0.59-0.6-0.6-0.8-0.52-0.59-0.71-0.3-0.59-0.88-0.62-0.840.01-0.710.09-0.4
0.580.490.36-0.08-0.47-0.080.650.690.450.540.320.310.480.55-0.590.550.160.730.680.370.710.150.22-0.250.47
0.970.630.720.13-0.060.130.860.840.920.760.850.370.790.44-0.710.550.510.710.820.890.850.00.350.040.84
0.410.150.44-0.110.22-0.110.380.30.50.170.490.420.560.09-0.30.160.510.220.30.460.420.530.29-0.10.27
0.810.840.270.25-0.120.250.780.860.480.860.320.170.460.43-0.590.730.710.220.780.410.80.23-0.01-0.010.61
0.860.690.550.04-0.040.040.990.980.690.80.570.410.760.67-0.880.680.820.30.780.590.930.070.470.040.48
0.770.230.87-0.14-0.19-0.140.660.590.990.440.980.480.80.23-0.620.370.890.460.410.590.7-0.20.36-0.140.82
0.870.610.64-0.09-0.08-0.090.960.930.780.750.660.420.790.51-0.840.710.850.420.80.930.70.050.39-0.030.56
0.00.17-0.170.020.040.020.070.09-0.150.01-0.210.08-0.040.080.010.150.00.530.230.07-0.20.05-0.12-0.15-0.1
0.290.040.64-0.39-0.13-0.390.470.380.420.160.420.40.560.42-0.710.220.350.29-0.010.470.360.39-0.120.170.03
0.150.41-0.210.450.280.450.030.07-0.160.34-0.16-0.7-0.250.00.09-0.250.04-0.1-0.010.04-0.14-0.03-0.150.17-0.06
0.780.460.620.13-0.330.130.510.540.780.550.750.170.50.22-0.40.470.840.270.610.480.820.56-0.10.03-0.06
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Harvard Bioscience Account Relationship Matchups

Harvard Bioscience fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets164.9M156.3M162.3M145.4M137.4M124.6M
Total Stockholder Equity81.7M76.7M83.4M72.2M73.1M82.7M
Net Debt45.5M39.7M40.5M42.3M38.5M40.4M
Cash8.3M8.3M7.8M4.5M4.3M4.1M
Other Assets2.3M8.9M12.3M7.8M8.9M5.2M
Cash And Short Term Investments8.3M8.3M7.8M4.5M4.3M4.1M
Common Stock Shares Outstanding37.8M38.6M40.3M41.4M42.4M33.1M
Liabilities And Stockholders Equity164.9M156.3M162.3M145.4M137.4M124.6M
Other Stockholder Equity218.5M221.7M225.7M229.0M232.4M193.5M
Total Liab83.2M79.6M78.9M73.1M64.3M41.9M
Total Current Assets53.6M51.7M61.6M51.1M49.0M53.5M
Short Long Term Debt Total53.8M48.0M48.3M46.8M42.8M22.7M
Other Current Liab9.1M7.2M10.5M7.5M12.3M6.2M
Total Current Liabilities25.3M21.1M25.3M23.2M26.5M17.5M
Property Plant And Equipment Net4.8M4.0M3.4M3.4M8.8M4.9M
Retained Earnings(124.6M)(132.4M)(132.7M)(142.2M)(145.6M)(152.9M)
Accounts Payable5.3M6.0M4.9M6.4M5.6M5.7M
Non Current Assets Total111.3M104.6M100.8M94.2M88.3M73.6M
Non Currrent Assets Other10.7M8.9M12.3M13.6M6.5M4.1M
Net Receivables20.7M17.8M21.8M16.7M16.1M18.5M
Common Stock Total Equity438K444K452K454K522.1K407.4K
Non Current Liabilities Total57.9M58.5M53.6M49.9M37.8M25.8M
Inventory22.1M22.3M27.6M26.4M24.7M19.3M
Other Current Assets2.5M3.4M4.3M3.5M3.9M6.2M
Property Plant And Equipment Gross13.2M11.7M3.4M24.0M23.1M24.3M
Accumulated Other Comprehensive Income(12.7M)(13.1M)(10.0M)(15.1M)(14.2M)(13.5M)
Short Term Debt6.9M3.8M5.4M5.9M8.7M9.1M
Intangible Assets38.4M33.2M27.4M21.0M16.0M21.5M
Common Stock438K444K452K454K434K410.2K
Long Term Debt46.9M46.3M45.1M43.0M30.7M20.7M
Good Will57.4M58.6M57.7M56.3M57.1M46.4M
Property Plant Equipment4.8M4.0M3.4M3.4M3.0M3.5M
Current Deferred Revenue3.9M3.8M4.3M3.4M7.7M8.1M
Other Liab2.1M12.2M8.5M1.6M1.8M1.7M
Net Tangible Assets24.3M(15.1M)83.4M72.2M65.0M68.2M
Retained Earnings Total Equity(124.6M)(132.4M)(132.7M)(142.2M)(128.0M)(134.4M)
Long Term Debt Total9.0M58.8M46.9M46.3M53.2M30.0M
Capital Surpluse229.2M232.4M225.7M229.0M263.4M239.3M
Deferred Long Term Liab2.3M2.0M1.9M590K678.5K644.6K
When determining whether Harvard Bioscience offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harvard Bioscience's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harvard Bioscience Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harvard Bioscience Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harvard Bioscience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harvard Bioscience. If investors know Harvard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harvard Bioscience listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
(0.33)
Revenue Per Share
2.258
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.02)
The market value of Harvard Bioscience is measured differently than its book value, which is the value of Harvard that is recorded on the company's balance sheet. Investors also form their own opinion of Harvard Bioscience's value that differs from its market value or its book value, called intrinsic value, which is Harvard Bioscience's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harvard Bioscience's market value can be influenced by many factors that don't directly affect Harvard Bioscience's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harvard Bioscience's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harvard Bioscience is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harvard Bioscience's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.