Harrow Operating Income vs Non Recurring Analysis

HROWL Stock  USD 25.43  0.08  0.32%   
Harrow Health financial indicator trend analysis is much more than just examining Harrow Health 8625 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harrow Health 8625 is a good investment. Please check the relationship between Harrow Health Operating Income and its Non Recurring accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health 8625. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock guide.

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harrow Health 8625 Operating Income account and Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Harrow Health's Operating Income and Non Recurring is -0.53. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Harrow Health 8625, assuming nothing else is changed. The correlation between historical values of Harrow Health's Operating Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Harrow Health 8625 are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Operating Income i.e., Harrow Health's Operating Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Harrow Health 8625 operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Harrow Health 8625 is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Recurring

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 8625 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 8625. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock guide.At this time, Harrow Health's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to 4,830 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.73.
 2021 2022 2023 2024 (projected)
Total Revenue72.5M88.6M130.2M136.7M
Depreciation And Amortization2.4M3.7M12.3M13.0M

Harrow Health fundamental ratios Correlations

0.920.980.940.95-0.820.860.90.770.921.00.970.60.950.990.660.480.98-0.270.990.27-0.110.96-0.30.240.99
0.920.940.890.98-0.670.630.660.610.810.910.80.40.790.890.350.270.98-0.280.90.13-0.130.99-0.220.160.88
0.980.940.950.96-0.820.770.830.770.930.970.920.60.940.950.580.490.98-0.330.960.34-0.010.98-0.180.290.97
0.940.890.950.89-0.750.730.830.780.90.910.90.580.880.890.530.490.93-0.170.890.250.040.92-0.340.440.92
0.950.980.960.89-0.760.670.730.720.870.940.850.540.840.930.410.430.98-0.320.940.22-0.050.97-0.220.260.93
-0.82-0.67-0.82-0.75-0.76-0.74-0.82-0.94-0.96-0.82-0.84-0.84-0.85-0.81-0.61-0.79-0.760.21-0.82-0.3-0.1-0.72-0.07-0.38-0.87
0.860.630.770.730.67-0.740.950.660.780.880.940.560.90.90.90.450.75-0.170.890.26-0.270.73-0.360.040.85
0.90.660.830.830.73-0.820.950.820.870.90.980.710.930.910.850.630.78-0.140.90.33-0.070.75-0.380.340.91
0.770.610.770.780.72-0.940.660.820.930.760.820.860.80.750.530.850.7-0.070.750.270.20.65-0.070.640.84
0.920.810.930.90.87-0.960.780.870.930.910.920.770.920.90.610.70.88-0.220.910.30.080.86-0.080.430.95
1.00.910.970.910.94-0.820.880.90.760.910.970.60.951.00.680.480.97-0.291.00.28-0.150.96-0.280.190.98
0.970.80.920.90.85-0.840.940.980.820.920.970.670.970.970.790.580.89-0.220.970.32-0.090.87-0.350.290.97
0.60.40.60.580.54-0.840.560.710.860.770.60.670.660.590.510.910.51-0.120.60.40.330.46-0.030.580.68
0.950.790.940.880.84-0.850.90.930.80.920.950.970.660.950.810.570.89-0.330.950.43-0.080.87-0.20.260.96
0.990.890.950.890.93-0.810.90.910.750.91.00.970.590.950.70.470.96-0.281.00.26-0.180.94-0.310.160.98
0.660.350.580.530.41-0.610.90.850.530.610.680.790.510.810.70.450.51-0.290.680.46-0.160.5-0.240.030.68
0.480.270.490.490.43-0.790.450.630.850.70.480.580.910.570.470.450.38-0.10.470.40.480.330.010.690.6
0.980.980.980.930.98-0.760.750.780.70.880.970.890.510.890.960.510.38-0.30.960.21-0.121.0-0.250.190.95
-0.27-0.28-0.33-0.17-0.320.21-0.17-0.14-0.07-0.22-0.29-0.22-0.12-0.33-0.28-0.29-0.1-0.3-0.28-0.44-0.12-0.32-0.130.07-0.3
0.990.90.960.890.94-0.820.890.90.750.911.00.970.60.951.00.680.470.96-0.280.26-0.160.95-0.30.180.98
0.270.130.340.250.22-0.30.260.330.270.30.280.320.40.430.260.460.40.21-0.440.260.520.210.280.320.31
-0.11-0.13-0.010.04-0.05-0.1-0.27-0.070.20.08-0.15-0.090.33-0.08-0.18-0.160.48-0.12-0.12-0.160.52-0.120.220.62-0.02
0.960.990.980.920.97-0.720.730.750.650.860.960.870.460.870.940.50.331.0-0.320.950.21-0.12-0.250.150.93
-0.3-0.22-0.18-0.34-0.22-0.07-0.36-0.38-0.07-0.08-0.28-0.35-0.03-0.2-0.31-0.240.01-0.25-0.13-0.30.280.22-0.25-0.13-0.27
0.240.160.290.440.26-0.380.040.340.640.430.190.290.580.260.160.030.690.190.070.180.320.620.15-0.130.32
0.990.880.970.920.93-0.870.850.910.840.950.980.970.680.960.980.680.60.95-0.30.980.31-0.020.93-0.270.32
Click cells to compare fundamentals

Harrow Health Account Relationship Matchups

Harrow Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets59.1M57.5M98.3M157.0M311.8M327.3M
Other Current Liab2.4M1.7M4.9M(836K)27.0M28.4M
Total Current Liabilities12.3M10.8M9.7M18.6M49.3M51.8M
Total Stockholder Equity27.7M27.2M11.3M27.2M70.4M73.9M
Net Debt16.2M19.4M35.8M7.9M116.4M122.2M
Retained Earnings(74.0M)(77.4M)(95.4M)(109.5M)(133.9M)(127.2M)
Cash4.7M4.1M42.2M96.3M74.1M77.8M
Cash And Short Term Investments29.9M32.6M50.7M96.3M82.8M86.9M
Common Stock Shares Outstanding26.5M25.9M26.8M27.5M32.6M34.2M
Liabilities And Stockholders Equity59.1M57.5M98.3M157.0M311.8M327.3M
Other Stockholder Equity101.7M104.6M106.7M136.7M204.2M214.4M
Total Liab31.7M30.6M87.4M130.1M241.8M253.8M
Total Current Assets36.8M40.1M60.7M118.3M139.1M146.0M
Accounts Payable7.4M3.6M5.2M18.6M21.4M22.5M
Non Current Liabilities Total19.4M19.8M77.7M111.5M192.4M202.0M
Other Current Assets786K941K1.3M22.0M9.0M9.4M
Property Plant And Equipment Net11.9M11.3M9.1M11.0M10.3M5.6M
Non Current Assets Total22.3M17.3M37.7M37.2M172.7M181.3M
Non Currrent Assets Other7.7M3.8M12.4M4.1K(2.1M)(2.0M)
Short Long Term Debt Total21.0M23.5M78.0M104.9M190.5M200.0M
Current Deferred Revenue57K66K16K113K75K71.3K
Short Term Debt2.4M5.1M560K723K806K765.7K
Accumulated Other Comprehensive Income(2.8M)(4.4M)0.0(409K)(368.1K)(386.5K)
Net Receivables2.7M2.7M4.5M6.4M36.5M38.3M
Short Term Investments25.2M28.5M8.5M5.6M8.7M10.8M
Inventory3.3M4.0M4.2M6.5M10.9M11.4M
Intangible Assets2.3M1.9M17.1M25.8M162.0M170.1M
Long Term Debt12.2M12.4M71.7M104.2M119.8M125.8M
Capital Surpluse101.7M104.6M106.7M137.1M157.6M113.7M
Property Plant Equipment11.9M11.3M3.1M3.5M3.1M5.7M

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When determining whether Harrow Health 8625 is a strong investment it is important to analyze Harrow Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harrow Health's future performance. For an informed investment choice regarding Harrow Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harrow Health 8625. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Harrow Stock please use our How to buy in Harrow Stock 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 Pharmaceuticals 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 Harrow Health. If investors know Harrow 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 Harrow Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.4484
The market value of Harrow Health 8625 is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health's value that differs from its market value or its book value, called intrinsic value, which is Harrow Health'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 Harrow Health's market value can be influenced by many factors that don't directly affect Harrow Health'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 Harrow Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow Health'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.