OneMedNet Ebitda vs Income Tax Expense Analysis

ONMD Stock

0.91 0.03 3.41%

OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Ebitda and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet 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 population.

For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.

Ebitda vs Income Tax Expense

Ebitda vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Ebitda account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.

The correlation between OneMedNet Corp's Ebitda and Income Tax Expense is 0.93. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Ebitda 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 Ebitda of OneMedNet Corp 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 Ebitda i.e., OneMedNet Corp's Ebitda and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Income Tax Expense

Most indicators from OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet 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 population.

For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 5.42, whereas Selling General Administrative is forecasted to decline to about 3.3 M.

	2023	2024 (projected)
Depreciation And Amortization	28.0K	22.3K
Interest Income	174.2K	154.8K

Depreciation And Amortization Interest Income

OneMedNet Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.96	-0.06	0.68	-0.7	0.68	0.54	0.94	-0.42	0.58	0.57	0.68	-0.23	0.57	-0.99	-0.22	0.1	0.8	0.53	0.74	-0.27	0.72	0.93	0.93	0.17	-0.64
Short Long Term Debt Total	0.96		0.05	0.82	-0.82	0.82	0.41	1.0	-0.58	0.75	0.38	0.82	-0.39	0.38	-0.97	-0.38	-0.05	0.83	0.72	0.86	-0.42	0.85	0.99	0.87	0.36	-0.77
Other Current Liab	-0.06	0.05		0.51	-0.59	0.51	0.25	0.05	-0.83	0.53	-0.21	0.51	-0.93	-0.21	-0.06	-0.93	-0.98	-0.46	0.57	0.46	-0.92	0.52	0.14	-0.35	0.81	-0.66
Total Current Liabilities	0.68	0.82	0.51		-0.97	1.0	0.43	0.82	-0.89	0.99	0.18	1.0	-0.76	0.18	-0.75	-0.77	-0.51	0.48	0.97	1.0	-0.8	0.99	0.88	0.54	0.83	-0.96
Total Stockholder Equity	-0.7	-0.82	-0.59	-0.97		-0.98	-0.41	-0.83	0.94	-0.95	-0.13	-0.98	0.83	-0.13	0.77	0.83	0.59	-0.43	-0.95	-0.98	0.86	-0.99	-0.88	-0.49	-0.8	1.0
Property Plant And Equipment Net	0.68	0.82	0.51	1.0	-0.98		0.39	0.83	-0.89	0.99	0.14	1.0	-0.77	0.14	-0.74	-0.78	-0.51	0.49	0.98	1.0	-0.8	1.0	0.88	0.53	0.83	-0.97
Current Deferred Revenue	0.54	0.41	0.25	0.43	-0.41	0.39		0.35	-0.3	0.3	0.89	0.39	-0.23	0.89	-0.59	-0.23	-0.09	0.04	0.23	0.44	-0.28	0.41	0.42	0.51	0.26	-0.39
Net Debt	0.94	1.0	0.05	0.82	-0.83	0.83	0.35		-0.59	0.77	0.31	0.83	-0.4	0.31	-0.95	-0.39	-0.06	0.85	0.74	0.87	-0.43	0.85	0.99	0.85	0.37	-0.78
Retained Earnings	-0.42	-0.58	-0.83	-0.89	0.94	-0.89	-0.3	-0.59		-0.9	0.08	-0.89	0.97	0.08	0.52	0.97	0.84	-0.12	-0.92	-0.86	0.98	-0.9	-0.65	-0.15	-0.91	0.96
Accounts Payable	0.58	0.75	0.53	0.99	-0.95	0.99	0.3	0.77	-0.9		0.03	0.99	-0.78	0.03	-0.65	-0.8	-0.56	0.45	1.0	0.97	-0.81	0.98	0.83	0.44	0.87	-0.95
Cash	0.57	0.38	-0.21	0.18	-0.13	0.14	0.89	0.31	0.08	0.03		0.14	0.2	1.0	-0.56	0.2	0.36	0.24	-0.06	0.22	0.14	0.16	0.34	0.67	-0.13	-0.08
Non Current Assets Total	0.68	0.82	0.51	1.0	-0.98	1.0	0.39	0.83	-0.89	0.99	0.14		-0.77	0.14	-0.74	-0.78	-0.51	0.49	0.98	1.0	-0.8	1.0	0.88	0.53	0.83	-0.97
Long Term Debt	-0.23	-0.39	-0.93	-0.76	0.83	-0.77	-0.23	-0.4	0.97	-0.78	0.2	-0.77		0.2	0.34	1.0	0.94	0.1	-0.82	-0.72	1.0	-0.78	-0.47	0.07	-0.89	0.88
Cash And Short Term Investments	0.57	0.38	-0.21	0.18	-0.13	0.14	0.89	0.31	0.08	0.03	1.0	0.14	0.2		-0.56	0.2	0.36	0.24	-0.06	0.22	0.14	0.16	0.34	0.67	-0.13	-0.08
Net Receivables	-0.99	-0.97	-0.06	-0.75	0.77	-0.74	-0.59	-0.95	0.52	-0.65	-0.56	-0.74	0.34	-0.56		0.33	0.01	-0.75	-0.6	-0.8	0.38	-0.78	-0.95	-0.89	-0.27	0.72
Common Stock Shares Outstanding	-0.22	-0.38	-0.93	-0.77	0.83	-0.78	-0.23	-0.39	0.97	-0.8	0.2	-0.78	1.0	0.2	0.33		0.94	0.1	-0.83	-0.73	1.0	-0.78	-0.47	0.07	-0.91	0.88
Non Current Liabilities Total	0.1	-0.05	-0.98	-0.51	0.59	-0.51	-0.09	-0.06	0.84	-0.56	0.36	-0.51	0.94	0.36	0.01	0.94		0.42	-0.61	-0.45	0.92	-0.52	-0.14	0.4	-0.82	0.66
Other Current Assets	0.8	0.83	-0.46	0.48	-0.43	0.49	0.04	0.85	-0.12	0.45	0.24	0.49	0.1	0.24	-0.75	0.1	0.42		0.41	0.54	0.07	0.49	0.79	0.87	-0.04	-0.36
Other Stockholder Equity	0.53	0.72	0.57	0.97	-0.95	0.98	0.23	0.74	-0.92	1.0	-0.06	0.98	-0.82	-0.06	-0.6	-0.83	-0.61	0.41		0.95	-0.84	0.96	0.79	0.37	0.89	-0.95
Total Liab	0.74	0.86	0.46	1.0	-0.98	1.0	0.44	0.87	-0.86	0.97	0.22	1.0	-0.72	0.22	-0.8	-0.73	-0.45	0.54	0.95		-0.76	1.0	0.92	0.6	0.78	-0.96
Net Invested Capital	-0.27	-0.42	-0.92	-0.8	0.86	-0.8	-0.28	-0.43	0.98	-0.81	0.14	-0.8	1.0	0.14	0.38	1.0	0.92	0.07	-0.84	-0.76		-0.81	-0.51	0.02	-0.91	0.9
Property Plant And Equipment Gross	0.72	0.85	0.52	0.99	-0.99	1.0	0.41	0.85	-0.9	0.98	0.16	1.0	-0.78	0.16	-0.78	-0.78	-0.52	0.49	0.96	1.0	-0.81		0.9	0.55	0.8	-0.98
Short Long Term Debt	0.93	0.99	0.14	0.88	-0.88	0.88	0.42	0.99	-0.65	0.83	0.34	0.88	-0.47	0.34	-0.95	-0.47	-0.14	0.79	0.79	0.92	-0.51	0.9		0.83	0.47	-0.83
Total Current Assets	0.93	0.87	-0.35	0.54	-0.49	0.53	0.51	0.85	-0.15	0.44	0.67	0.53	0.07	0.67	-0.89	0.07	0.4	0.87	0.37	0.6	0.02	0.55	0.83		0.0	-0.41
Capital Stock	0.17	0.36	0.81	0.83	-0.8	0.83	0.26	0.37	-0.91	0.87	-0.13	0.83	-0.89	-0.13	-0.27	-0.91	-0.82	-0.04	0.89	0.78	-0.91	0.8	0.47	0.0		-0.83
Net Working Capital	-0.64	-0.77	-0.66	-0.96	1.0	-0.97	-0.39	-0.78	0.96	-0.95	-0.08	-0.97	0.88	-0.08	0.72	0.88	0.66	-0.36	-0.95	-0.96	0.9	-0.98	-0.83	-0.41	-0.83

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OneMedNet Corp Account Relationship Matchups

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When determining whether OneMedNet Corp is a strong investment it is important to analyze OneMedNet Corp'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 OneMedNet Corp's future performance. For an informed investment choice regarding OneMedNet Stock, refer to the following important reports:

How To Invest In OneMedNet

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Is OneMedNet Stock a good investment?

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What is OneMedNet Corp's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet 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 population.

For information on how to trade OneMedNet Stock refer to our How to Trade OneMedNet Stock guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Is Health Care Technology 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 OneMedNet Corp. If investors know OneMedNet 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 OneMedNet Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.98)

Revenue Per Share

0.043

Quarterly Revenue Growth

0.292

Return On Assets

(0.34)

The market value of OneMedNet Corp is measured differently than its book value, which is the value of OneMedNet that is recorded on the company's balance sheet. Investors also form their own opinion of OneMedNet Corp's value that differs from its market value or its book value, called intrinsic value, which is OneMedNet Corp'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 OneMedNet Corp's market value can be influenced by many factors that don't directly affect OneMedNet Corp'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 OneMedNet Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMedNet Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMedNet Corp'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.

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OneMedNet Ebitda vs Income Tax Expense Analysis

Ebitda vs Income Tax Expense

Ebitda vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Ebitda

Income Tax Expense

OneMedNet Corp fundamental ratios Correlations

OneMedNet Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Net Working Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.99	Total Stockholder Equity
Net Receivables	- 0.99	Total Assets
Net Working Capital	- 0.98	Property Plant And Equipment Gross
Total Liab	- 0.98	Total Stockholder Equity
Non Current Assets Total	- 0.98	Total Stockholder Equity
Property Plant And Equipment Net	- 0.98	Total Stockholder Equity