HROW Stock | | | USD 42.90 0.98 2.23% |
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 Selling And Marketing Expenses and its Total Revenue 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.
Selling And Marketing Expenses vs Total Revenue
Selling And Marketing Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Harrow Health Selling And Marketing Expenses account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Harrow Health's Selling And Marketing Expenses and Total Revenue is 0.89. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Total Revenue 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 Selling And Marketing Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Harrow Health are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling And Marketing Expenses i.e., Harrow Health's Selling And Marketing Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Selling And Marketing Expenses
Total Revenue
Total revenue comprises all receipts Harrow Health generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 736
K in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.73 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 54.3M | 63.2M | 90.6M | 95.1M | Total Revenue | 72.5M | 88.6M | 130.2M | 136.7M |
Harrow Health fundamental ratios Correlations
Click cells to compare fundamentals
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
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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.