Lifeist Income Before Tax vs Net Income From Continuing Ops Analysis

LFST Stock   0.04  0.01  10.00%   
Lifeist Wellness financial indicator trend analysis is infinitely more than just investigating Lifeist Wellness recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifeist Wellness is a good investment. Please check the relationship between Lifeist Wellness Income Before Tax and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeist Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lifeist Wellness Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Lifeist Wellness' Income Before Tax and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Lifeist Wellness, assuming nothing else is changed. The correlation between historical values of Lifeist Wellness' Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Lifeist Wellness are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Lifeist Wellness' Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Net Income From Continuing Ops

Most indicators from Lifeist Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifeist Wellness 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifeist Wellness. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Lifeist Wellness' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 18.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.64 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.0M5.3M6.1M3.7M
Total Revenue22.1M21.7M24.9M23.2M

Lifeist Wellness fundamental ratios Correlations

-0.07-0.331.00.790.90.960.720.990.96-0.150.59-0.680.860.780.790.530.820.95-0.71.00.9-0.670.96-0.931.0
-0.070.91-0.14-0.55-0.43-0.34-0.45-0.02-0.330.90.090.47-0.560.29-0.620.170.31-0.230.71-0.140.23-0.02-0.320.4-0.05
-0.330.91-0.4-0.74-0.67-0.57-0.61-0.31-0.550.740.040.61-0.730.17-0.740.14-0.04-0.510.87-0.4-0.10.09-0.550.61-0.33
1.0-0.14-0.40.830.930.970.750.980.98-0.20.57-0.710.890.750.830.510.790.97-0.751.00.88-0.660.98-0.951.0
0.79-0.55-0.740.830.940.890.880.790.89-0.540.36-0.880.970.370.960.030.520.89-0.90.830.59-0.460.91-0.880.79
0.9-0.43-0.670.930.940.970.840.90.97-0.390.35-0.840.970.510.950.280.680.97-0.870.930.75-0.510.97-0.970.9
0.96-0.34-0.570.970.890.970.80.941.0-0.370.47-0.780.960.640.920.440.70.96-0.830.970.8-0.560.99-0.970.95
0.72-0.45-0.610.750.880.840.80.750.8-0.360.49-0.960.850.230.840.00.610.84-0.80.750.64-0.440.82-0.760.72
0.99-0.02-0.310.980.790.90.940.750.94-0.060.54-0.720.840.730.770.450.880.97-0.670.980.94-0.620.95-0.90.99
0.96-0.33-0.550.980.890.971.00.80.94-0.390.52-0.770.960.680.920.460.680.96-0.840.980.79-0.621.0-0.980.95
-0.150.90.74-0.2-0.54-0.39-0.37-0.36-0.06-0.39-0.120.35-0.57-0.01-0.640.010.39-0.190.66-0.20.260.13-0.360.42-0.11
0.590.090.040.570.360.350.470.490.540.52-0.12-0.30.410.590.340.470.40.45-0.410.570.47-0.840.52-0.470.59
-0.680.470.61-0.71-0.88-0.84-0.78-0.96-0.72-0.770.35-0.3-0.83-0.2-0.860.04-0.59-0.820.73-0.71-0.610.29-0.790.74-0.67
0.86-0.56-0.730.890.970.970.960.850.840.96-0.570.41-0.830.490.990.270.530.91-0.930.890.63-0.520.96-0.960.85
0.780.290.170.750.370.510.640.230.730.68-0.010.59-0.20.490.440.730.550.58-0.250.750.65-0.630.65-0.620.77
0.79-0.62-0.740.830.960.950.920.840.770.92-0.640.34-0.860.990.440.220.450.86-0.890.830.55-0.440.92-0.920.78
0.530.170.140.510.030.280.440.00.450.460.010.470.040.270.730.220.310.32-0.170.510.45-0.540.4-0.470.51
0.820.31-0.040.790.520.680.70.610.880.680.390.4-0.590.530.550.450.310.82-0.350.790.98-0.450.71-0.630.84
0.95-0.23-0.510.970.890.970.960.840.970.96-0.190.45-0.820.910.580.860.320.82-0.790.970.88-0.590.97-0.940.96
-0.70.710.87-0.75-0.9-0.87-0.83-0.8-0.67-0.840.66-0.410.73-0.93-0.25-0.89-0.17-0.35-0.79-0.75-0.450.54-0.840.88-0.7
1.0-0.14-0.41.00.830.930.970.750.980.98-0.20.57-0.710.890.750.830.510.790.97-0.750.88-0.660.98-0.951.0
0.90.23-0.10.880.590.750.80.640.940.790.260.47-0.610.630.650.550.450.980.88-0.450.88-0.530.8-0.740.91
-0.67-0.020.09-0.66-0.46-0.51-0.56-0.44-0.62-0.620.13-0.840.29-0.52-0.63-0.44-0.54-0.45-0.590.54-0.66-0.53-0.610.66-0.67
0.96-0.32-0.550.980.910.970.990.820.951.0-0.360.52-0.790.960.650.920.40.710.97-0.840.980.8-0.61-0.970.96
-0.930.40.61-0.95-0.88-0.97-0.97-0.76-0.9-0.980.42-0.470.74-0.96-0.62-0.92-0.47-0.63-0.940.88-0.95-0.740.66-0.97-0.92
1.0-0.05-0.331.00.790.90.950.720.990.95-0.110.59-0.670.850.770.780.510.840.96-0.71.00.91-0.670.96-0.92
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Lifeist Wellness Account Relationship Matchups

Lifeist Wellness fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.2M38.0M20.7M13.4M12.1M11.5M
Other Current Liab4.6M1.3M2.5M539K485.1K460.8K
Total Current Liabilities9.7M11.2M7.1M9.1M8.2M7.4M
Total Stockholder Equity29.3M26.1M13.4M3.5M3.1M3.0M
Retained Earnings(152.8M)(176.6M)(192.1M)(206.2M)(185.6M)(194.9M)
Accounts Payable1.9M1.9M2.2M2.6M2.4M1.9M
Cash10.3M12.7M3.8M1.5M1.3M1.2M
Non Current Assets Total13.1M10.4M5.6M4.6M4.2M3.9M
Net Receivables3.5M3.4M3.3M2.1M2.4M3.1M
Common Stock Shares Outstanding324.0M404.7M21.0M27.9M25.1M23.8M
Non Current Liabilities Total588.0K674.5K183.5K868.7K781.8K705.7K
Inventory8.1M5.4M4.5M4.5M4.1M4.6M
Total Liab10.2M11.9M7.3M9.9M11.4M10.4M
Net Invested Capital29.3M26.1M13.4M3.5M3.1M3.0M
Long Term Investments882.0K362.6K76.3K35.8K32.2K30.6K
Total Current Assets26.2M27.6M15.1M8.8M7.9M7.5M
Capital Stock134.0M153.9M156.3M160.0M184.0M151.1M
Net Working Capital16.5M16.4M7.9M(290.9K)(261.8K)(248.7K)
Intangible Assets6.1M5.2M1.4M1.5M1.4M1.3M

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Additional Tools for Lifeist Stock Analysis

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