Harrow Net Income From Continuing Ops vs Income Before Tax Analysis

HROW Stock

USD 30.42 1.49 4.67%

Harrow Health financial indicator trend analysis is much more than just examining Harrow Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harrow Health is a good investment. Please check the relationship between Harrow Health Net Income From Continuing Ops and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harrow Health Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have totally related.

The correlation between Harrow Health's Net Income From Continuing Ops and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Harrow Health, assuming nothing else is changed. The correlation between historical values of Harrow Health's Net Income From Continuing Ops and Income Before Tax 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 From Continuing Ops of Harrow Health are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., Harrow Health's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Harrow Health income statement and is an important metric when analyzing Harrow Health 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.

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

For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.At this time, Harrow Health's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 846.5 K in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.73 in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	63.2M	90.6M	104.1M	109.3M
Total Revenue	88.6M	130.2M	149.7M	157.2M

Gross Profit Total Revenue

Harrow Health fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Assets	Accounts Payable	Non Current Liabilities Total	Property Plant And Equipment Net	Non Current Assets Total	Property Plant And Equipment Gross	Other Liab	Long Term Debt	Net Tangible Assets	Current Deferred Revenue	Retained Earnings Total Equity
Total Assets		0.95	0.99	0.96	0.97	-0.79	0.9	0.92	0.79	0.83	0.95	1.0	0.98	0.86	0.99	0.72	0.97	0.99	0.7	0.99	0.9	0.17	0.99	-0.17	0.32	-0.71
Other Current Liab	0.95		0.97	0.94	0.99	-0.67	0.74	0.76	0.66	0.72	0.88	0.94	0.87	0.76	0.94	0.49	0.87	0.93	0.56	0.99	0.76	0.17	0.93	-0.19	0.21	-0.56
Total Current Liabilities	0.99	0.97		0.97	0.98	-0.79	0.83	0.87	0.78	0.83	0.96	0.98	0.95	0.86	0.97	0.66	0.96	0.97	0.71	0.99	0.87	0.24	0.97	-0.13	0.36	-0.71
Total Stockholder Equity	0.96	0.94	0.97		0.94	-0.74	0.8	0.88	0.77	0.83	0.94	0.94	0.94	0.84	0.93	0.62	0.92	0.93	0.7	0.96	0.84	0.12	0.93	0.08	0.3	-0.64
Net Debt	0.97	0.99	0.98	0.94		-0.74	0.77	0.81	0.75	0.79	0.92	0.96	0.9	0.83	0.96	0.54	0.9	0.95	0.66	0.99	0.84	0.2	0.95	-0.2	0.28	-0.65
Retained Earnings	-0.79	-0.67	-0.79	-0.74	-0.74		-0.76	-0.82	-0.91	-0.93	-0.91	-0.8	-0.82	-0.91	-0.79	-0.67	-0.83	-0.79	-0.89	-0.74	-0.91	-0.49	-0.78	0.09	-0.34	0.98
Cash	0.9	0.74	0.83	0.8	0.77	-0.76		0.96	0.73	0.74	0.84	0.91	0.95	0.77	0.92	0.91	0.93	0.92	0.63	0.82	0.88	0.12	0.92	-0.28	0.31	-0.72
Cash And Short Term Investments	0.92	0.76	0.87	0.88	0.81	-0.82	0.96		0.84	0.87	0.91	0.92	0.98	0.88	0.93	0.87	0.95	0.93	0.77	0.84	0.95	0.13	0.93	-0.08	0.37	-0.79
Common Stock Total Equity	0.79	0.66	0.78	0.77	0.75	-0.91	0.73	0.84		0.95	0.9	0.78	0.83	0.99	0.78	0.64	0.82	0.78	0.93	0.73	0.93	0.35	0.76	0.06	0.44	-0.9
Common Stock Shares Outstanding	0.83	0.72	0.83	0.83	0.79	-0.93	0.74	0.87	0.95		0.94	0.82	0.86	0.95	0.82	0.62	0.85	0.81	0.93	0.78	0.94	0.31	0.8	0.12	0.32	-0.92
Other Stockholder Equity	0.95	0.88	0.96	0.94	0.92	-0.91	0.84	0.91	0.9	0.94		0.94	0.95	0.95	0.94	0.69	0.95	0.94	0.84	0.93	0.94	0.34	0.93	-0.04	0.34	-0.86
Total Liab	1.0	0.94	0.98	0.94	0.96	-0.8	0.91	0.92	0.78	0.82	0.94		0.98	0.86	1.0	0.73	0.97	1.0	0.69	0.98	0.9	0.19	1.0	-0.23	0.32	-0.72
Total Current Assets	0.98	0.87	0.95	0.94	0.9	-0.82	0.95	0.98	0.83	0.86	0.95	0.98		0.88	0.98	0.82	0.98	0.98	0.75	0.93	0.94	0.16	0.98	-0.13	0.36	-0.76
Common Stock	0.86	0.76	0.86	0.84	0.83	-0.91	0.77	0.88	0.99	0.95	0.95	0.86	0.88		0.85	0.66	0.88	0.85	0.91	0.82	0.95	0.33	0.84	0.02	0.42	-0.88
Short Long Term Debt Total	0.99	0.94	0.97	0.93	0.96	-0.79	0.92	0.93	0.78	0.82	0.94	1.0	0.98	0.85		0.73	0.96	1.0	0.69	0.98	0.9	0.17	1.0	-0.25	0.31	-0.72
Other Current Assets	0.72	0.49	0.66	0.62	0.54	-0.67	0.91	0.87	0.64	0.62	0.69	0.73	0.82	0.66	0.73		0.83	0.75	0.59	0.61	0.76	0.13	0.75	-0.22	0.48	-0.66
Accounts Payable	0.97	0.87	0.96	0.92	0.9	-0.83	0.93	0.95	0.82	0.85	0.95	0.97	0.98	0.88	0.96	0.83		0.97	0.75	0.93	0.92	0.23	0.96	-0.15	0.45	-0.77
Non Current Liabilities Total	0.99	0.93	0.97	0.93	0.95	-0.79	0.92	0.93	0.78	0.81	0.94	1.0	0.98	0.85	1.0	0.75	0.97		0.68	0.97	0.9	0.17	1.0	-0.26	0.31	-0.72
Property Plant And Equipment Net	0.7	0.56	0.71	0.7	0.66	-0.89	0.63	0.77	0.93	0.93	0.84	0.69	0.75	0.91	0.69	0.59	0.75	0.68		0.63	0.91	0.41	0.67	0.16	0.44	-0.91
Non Current Assets Total	0.99	0.99	0.99	0.96	0.99	-0.74	0.82	0.84	0.73	0.78	0.93	0.98	0.93	0.82	0.98	0.61	0.93	0.97	0.63		0.83	0.18	0.97	-0.2	0.27	-0.64
Property Plant And Equipment Gross	0.9	0.76	0.87	0.84	0.84	-0.91	0.88	0.95	0.93	0.94	0.94	0.9	0.94	0.95	0.9	0.76	0.92	0.9	0.91	0.83		0.29	0.89	-0.1	0.38	-0.9
Other Liab	0.17	0.17	0.24	0.12	0.2	-0.49	0.12	0.13	0.35	0.31	0.34	0.19	0.16	0.33	0.17	0.13	0.23	0.17	0.41	0.18	0.29		0.16	-0.19	0.29	-0.49
Long Term Debt	0.99	0.93	0.97	0.93	0.95	-0.78	0.92	0.93	0.76	0.8	0.93	1.0	0.98	0.84	1.0	0.75	0.96	1.0	0.67	0.97	0.89	0.16		-0.27	0.3	-0.71
Net Tangible Assets	-0.17	-0.19	-0.13	0.08	-0.2	0.09	-0.28	-0.08	0.06	0.12	-0.04	-0.23	-0.13	0.02	-0.25	-0.22	-0.15	-0.26	0.16	-0.2	-0.1	-0.19	-0.27		-0.03	0.1
Current Deferred Revenue	0.32	0.21	0.36	0.3	0.28	-0.34	0.31	0.37	0.44	0.32	0.34	0.32	0.36	0.42	0.31	0.48	0.45	0.31	0.44	0.27	0.38	0.29	0.3	-0.03		-0.37
Retained Earnings Total Equity	-0.71	-0.56	-0.71	-0.64	-0.65	0.98	-0.72	-0.79	-0.9	-0.92	-0.86	-0.72	-0.76	-0.88	-0.72	-0.66	-0.77	-0.72	-0.91	-0.64	-0.9	-0.49	-0.71	0.1	-0.37

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Harrow Health Account Relationship Matchups

Harrow Health fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	57.5M	98.3M	157.0M	312.2M	359.0M	376.9M
Other Current Liab	1.7M	4.9M	(836K)	27.0M	31.1M	32.6M
Total Current Liabilities	10.8M	9.7M	18.6M	49.3M	56.7M	59.6M
Total Stockholder Equity	27.2M	11.3M	27.2M	70.8M	81.4M	85.4M
Net Debt	19.4M	35.8M	7.9M	116.4M	133.9M	140.6M
Retained Earnings	(77.4M)	(95.4M)	(109.5M)	(133.9M)	(120.5M)	(114.5M)
Cash	4.1M	42.2M	96.3M	74.1M	85.2M	89.5M
Cash And Short Term Investments	32.6M	50.7M	96.3M	82.8M	95.2M	99.9M
Common Stock Shares Outstanding	25.9M	26.8M	27.5M	32.6M	37.5M	39.4M
Liabilities And Stockholders Equity	57.5M	98.3M	157.0M	312.2M	359.0M	376.9M
Other Stockholder Equity	104.6M	106.7M	136.7M	204.6M	235.3M	247.1M
Total Liab	30.6M	87.4M	130.1M	241.8M	278.0M	291.9M
Total Current Assets	40.1M	60.7M	118.3M	139.5M	160.4M	168.4M
Short Long Term Debt Total	23.5M	78.0M	104.9M	190.5M	219.1M	230.0M
Other Current Assets	941K	1.3M	22.0M	9.4M	10.8M	11.3M
Accounts Payable	3.6M	5.2M	18.6M	21.4M	24.6M	25.9M
Non Current Liabilities Total	19.8M	77.7M	111.5M	192.4M	221.3M	232.3M
Property Plant And Equipment Net	11.3M	9.1M	11.0M	10.3M	11.9M	12.4M
Non Current Assets Total	17.3M	37.7M	37.2M	172.7M	198.6M	208.5M
Property Plant And Equipment Gross	11.3M	16.9M	20.1M	20.4M	23.4M	24.6M
Long Term Debt	12.4M	71.7M	104.2M	183.2M	210.6M	221.2M
Net Tangible Assets	25.0M	24.9M	(6.2M)	1.4M	1.6M	1.6M
Current Deferred Revenue	66K	16K	113K	75K	86.3K	71.3K
Retained Earnings Total Equity	(74.0M)	(77.4M)	(95.4M)	(109.5M)	(98.5M)	(103.5M)
Capital Surpluse	101.7M	104.6M	106.7M	137.1M	157.6M	85.0M
Short Term Debt	5.1M	560K	723K	806K	926.9K	880.6K
Non Currrent Assets Other	3.8M	12.4M	2.0M	(2.1M)	(2.5M)	(2.3M)
Property Plant Equipment	5.4M	4.5M	3.1M	3.5M	4.0M	3.9M
Short Term Investments	28.5M	8.5M	5.6M	8.7M	10.0M	9.9M
Net Receivables	2.7M	4.5M	6.4M	36.5M	42.0M	44.1M
Long Term Debt Total	12.2M	12.4M	71.7M	104.2M	119.8M	125.8M
Capital Lease Obligations	7.3M	6.3M	8.1M	7.3M	8.4M	4.3M
Inventory	4.0M	4.2M	6.5M	10.9M	12.5M	13.1M
Non Current Liabilities Other	7.2M	7.5M	6.0M	7.3M	8.4M	8.9M
Intangible Assets	1.9M	17.1M	25.8M	162.0M	186.4M	195.7M

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

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Harrow Net Income From Continuing Ops vs Income Before Tax Analysis

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Income Before Tax

Harrow Health fundamental ratios Correlations

Harrow Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Harrow Health fundamental ratios Accounts

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Additional Tools for Harrow Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Total Liab
Long Term Debt	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Retained Earnings Total Equity	- 0.92	Common Stock Shares Outstanding
Retained Earnings Total Equity	- 0.91	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Common Stock	- 0.91	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings