| NTST Stock | | | USD 16.20 0.22 1.38% |
Netstreit Corp financial indicator trend analysis is infinitely more than just investigating Netstreit Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Netstreit Corp is a good investment. Please check the relationship between Netstreit Corp Gross Profit and its Income Before Tax accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netstreit Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Netstreit Stock please use our
How to Invest in Netstreit Corp guide.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Netstreit Corp Gross Profit account and
Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Netstreit Corp's Gross Profit and Income Before Tax is 0.82. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Netstreit Corp, assuming nothing else is changed. The correlation between historical values of Netstreit Corp's Gross Profit 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 Gross Profit of Netstreit Corp 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 Gross Profit i.e., Netstreit Corp's Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Netstreit Corp minus its cost of goods sold. It is profit before Netstreit Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Netstreit Corp income statement and is an important metric when analyzing Netstreit Corp 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 Netstreit Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Netstreit Corp 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 Netstreit Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Netstreit Stock please use our
How to Invest in Netstreit Corp guide.At this time, Netstreit Corp's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 28.22 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 214.3
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 53.3M | 84.6M | 131.4M | 138.0M | Total Revenue | 59.1M | 96.3M | 131.9M | 66.9M |
Netstreit Corp fundamental ratios Correlations
Click cells to compare fundamentals
Netstreit Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Netstreit Corp fundamental ratios Accounts
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Additional Tools for Netstreit Stock Analysis
When running Netstreit Corp's price analysis, check to
measure Netstreit Corp'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 Netstreit Corp is operating at the current time. Most of Netstreit Corp's value examination focuses on studying past and present price action to
predict the probability of Netstreit Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netstreit Corp's price. Additionally, you may evaluate how the addition of Netstreit Corp to your portfolios can decrease your overall portfolio volatility.