Natera Net Income From Continuing Ops vs Income Tax Expense Analysis

NTRA Stock  USD 167.78  0.67  0.40%   
Natera financial indicator trend analysis is infinitely more than just investigating Natera Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natera Inc is a good investment. Please check the relationship between Natera Net Income From Continuing Ops and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natera Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income From Continuing Ops vs Income Tax Expense

Net Income From Continuing Ops vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natera Inc Net Income From Continuing Ops account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natera's Net Income From Continuing Ops and Income Tax Expense is 0.43. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Natera Inc, assuming nothing else is changed. The correlation between historical values of Natera's Net Income From Continuing Ops and Income Tax Expense 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 Natera Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income From Continuing Ops i.e., Natera's Net Income From Continuing Ops and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Income Tax Expense

Most indicators from Natera's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natera Inc 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 Natera Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Natera's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 350.2 M, whereas Tax Provision is forecasted to decline to about 257.4 K.
 2021 2022 2023 2024 (projected)
Gross Profit307.1M364.0M492.7M517.4M
Total Revenue625.5M820.2M1.1B1.1B

Natera fundamental ratios Correlations

0.660.80.980.97-0.12-0.970.720.830.980.750.850.990.940.850.960.950.980.881.00.850.990.360.970.850.73
0.660.790.630.71-0.37-0.720.350.710.70.260.450.610.740.290.610.690.720.550.650.390.690.050.70.40.27
0.80.790.80.78-0.04-0.80.590.630.790.440.680.790.760.70.690.720.810.810.80.80.810.360.80.80.6
0.980.630.80.94-0.07-0.940.680.790.950.750.850.980.910.840.920.930.970.810.990.880.960.390.930.880.76
0.970.710.780.94-0.27-0.990.750.91.00.640.720.930.970.810.970.950.980.850.960.790.970.190.950.790.58
-0.12-0.37-0.04-0.07-0.270.30.14-0.64-0.230.170.160.01-0.410.08-0.29-0.33-0.23-0.01-0.10.13-0.10.32-0.050.130.56
-0.97-0.72-0.8-0.94-0.990.3-0.68-0.92-0.99-0.67-0.75-0.93-0.99-0.83-0.98-0.97-0.99-0.85-0.96-0.82-0.98-0.24-0.95-0.82-0.56
0.720.350.590.680.750.14-0.680.490.750.350.450.710.650.730.70.520.670.780.710.680.74-0.010.730.680.61
0.830.710.630.790.9-0.64-0.920.490.890.460.550.750.960.620.910.910.890.680.820.590.830.070.790.590.23
0.980.70.790.951.0-0.23-0.990.750.890.660.750.950.970.830.970.950.980.860.970.810.980.230.960.810.62
0.750.260.440.750.640.17-0.670.350.460.660.80.780.580.740.690.750.70.610.750.690.710.560.710.690.75
0.850.450.680.850.720.16-0.750.450.550.750.80.890.70.790.760.780.790.760.860.780.830.660.840.780.83
0.990.610.790.980.930.01-0.930.710.750.950.780.890.880.860.920.910.950.870.990.870.970.430.960.870.82
0.940.740.760.910.97-0.41-0.990.650.960.970.580.70.880.760.970.960.970.810.930.750.940.190.920.750.47
0.850.290.70.840.810.08-0.830.730.620.830.740.790.860.760.840.770.820.870.860.940.850.420.820.940.71
0.960.610.690.920.97-0.29-0.980.70.910.970.690.760.920.970.840.950.960.850.960.780.960.230.940.780.56
0.950.690.720.930.95-0.33-0.970.520.910.950.750.780.910.960.770.950.970.760.940.760.940.30.910.760.54
0.980.720.810.970.98-0.23-0.990.670.890.980.70.790.950.970.820.960.970.830.980.840.980.30.960.840.62
0.880.550.810.810.85-0.01-0.850.780.680.860.610.760.870.810.870.850.760.830.880.810.880.310.90.810.67
1.00.650.80.990.96-0.1-0.960.710.820.970.750.860.990.930.860.960.940.980.880.860.990.380.970.860.74
0.850.390.80.880.790.13-0.820.680.590.810.690.780.870.750.940.780.760.840.810.860.850.450.811.00.75
0.990.690.810.960.97-0.1-0.980.740.830.980.710.830.970.940.850.960.940.980.880.990.850.310.990.850.71
0.360.050.360.390.190.32-0.24-0.010.070.230.560.660.430.190.420.230.30.30.310.380.450.310.30.450.58
0.970.70.80.930.95-0.05-0.950.730.790.960.710.840.960.920.820.940.910.960.90.970.810.990.30.810.72
0.850.40.80.880.790.13-0.820.680.590.810.690.780.870.750.940.780.760.840.810.861.00.850.450.810.75
0.730.270.60.760.580.56-0.560.610.230.620.750.830.820.470.710.560.540.620.670.740.750.710.580.720.75
Click cells to compare fundamentals

Natera Account Relationship Matchups

Natera fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets582.7M932.2M1.2B1.4B1.4B1.5B
Other Current Liab65.1M81.8M126.3M176.3M187.4M196.8M
Total Current Liabilities179.9M199.1M219.0M310.5M307.3M165.4M
Total Stockholder Equity278.7M486.2M653.3M705.7M765.3M803.6M
Property Plant And Equipment Net47.0M54.7M124.5M164.3M167.7M176.1M
Net Debt88.2M225.1M307.1M(27.4M)(200.1M)(190.1M)
Retained Earnings(699.2M)(929.3M)(1.4B)(1.9B)(2.4B)(2.3B)
Accounts Payable8.6M8.1M27.2M31.1M15.0M14.4M
Cash61.9M48.7M84.4M466.0M642.1M674.2M
Non Current Assets Total59.5M69.5M143.3M182.7M183.2M192.3M
Non Currrent Assets Other12.5M14.7M18.8M(1.7M)15.4M16.2M
Other Assets12.5M36.1M18.8M18.3M21.1M22.1M
Cash And Short Term Investments441.0M737.3M914.3M898.3M879.0M922.9M
Net Receivables53.4M78.6M122.1M244.4M278.3M292.2M
Common Stock Shares Outstanding69.6M81.0M90.6M98.4M115.0M66.0M
Inventory12.4M20.0M26.9M35.4M40.8M42.8M
Other Current Assets16.4M26.8M29.9M33.6M60.5M63.6M
Other Stockholder Equity977.0M1.4B2.1B2.7B3.1B3.3B
Total Liab303.9M445.9M583.2M688.7M676.4M364.2M
Total Current Assets523.2M862.7M1.1B1.2B1.3B1.3B
Common Stock8K9K10K11K12.7K6.9K
Short Long Term Debt Total150.1M273.8M391.5M438.6M442.0M464.1M
Current Deferred Revenue56.0M50.1M7.4M10.8M9.1M14.1M
Long Term Debt73.7M202.5M280.4M281.7M282.9M297.1M
Common Stock Total Equity8K9K10K11K12.7K6.9K
Short Term Investments379.1M688.6M829.9M432.3M236.9M311.4M
Liabilities And Stockholders Equity582.7M932.2M1.2B1.4B1.4B1.5B
Non Current Liabilities Total124.1M246.9M364.2M378.2M369.1M238.6M
Property Plant And Equipment Gross47.0M54.7M124.5M164.3M224.0M235.2M
Accumulated Other Comprehensive Income919K4.3M(2.3M)(16.4M)(3.1M)(3.2M)
Short Term Debt50.1M57.4M55.8M88.0M92.0M53.9M
Property Plant Equipment23.3M33.3M65.5M92.5M106.3M111.6M
Other Liab24.1M23.1M22.8M20.0M23.0M24.5M
Net Tangible Assets278.7M486.2M653.3M705.7M811.6M852.2M
Short Long Term Debt50.1M50.1M50.1M80.4M80.4M55.6M
Retained Earnings Total Equity(699.2M)(929.3M)(1.4B)(1.9B)(1.7B)(1.7B)
Capital Surpluse977.0M1.4B2.1B2.7B3.1B3.2B
Intangible Assets2.6M1.7M1.2M2.3M2.6M1.8M
Non Current Liabilities Other50.4M44.4M83.8M96.6M111.1M116.6M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Natera Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natera'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 Natera Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natera Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natera Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology 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 Natera. If investors know Natera 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 Natera listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.75)
Revenue Per Share
12.589
Quarterly Revenue Growth
0.639
Return On Assets
(0.1)
Return On Equity
(0.26)
The market value of Natera Inc is measured differently than its book value, which is the value of Natera that is recorded on the company's balance sheet. Investors also form their own opinion of Natera's value that differs from its market value or its book value, called intrinsic value, which is Natera'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 Natera's market value can be influenced by many factors that don't directly affect Natera'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 Natera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Natera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natera'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.