OneMedNet Gross Profit vs Total Revenue Analysis

ONMDW Stock   0.03  0.00  0.00%   
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 Gross Profit and its Total Revenue 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 unemployment.
For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between OneMedNet Corp's Gross Profit and Total Revenue is -0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue 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 Gross Profit and Total Revenue 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 OneMedNet Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., OneMedNet Corp's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of OneMedNet Corp minus its cost of goods sold. It is profit before OneMedNet 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.

Total Revenue

Total revenue comprises all receipts OneMedNet Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 unemployment.
For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization28.0K22.3K
Interest Income174.2K154.8K

OneMedNet Corp fundamental ratios Correlations

0.96-0.060.68-0.70.680.540.94-0.420.580.570.68-0.230.57-0.99-0.220.10.80.530.74-0.270.720.930.930.17-0.64
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-0.060.050.51-0.590.510.250.05-0.830.53-0.210.51-0.93-0.21-0.06-0.93-0.98-0.460.570.46-0.920.520.14-0.350.81-0.66
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-0.7-0.82-0.59-0.97-0.98-0.41-0.830.94-0.95-0.13-0.980.83-0.130.770.830.59-0.43-0.95-0.980.86-0.99-0.88-0.49-0.81.0
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-0.42-0.58-0.83-0.890.94-0.89-0.3-0.59-0.90.08-0.890.970.080.520.970.84-0.12-0.92-0.860.98-0.9-0.65-0.15-0.910.96
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0.570.38-0.210.18-0.130.140.890.310.080.030.140.21.0-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
0.680.820.511.0-0.981.00.390.83-0.890.990.14-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
-0.23-0.39-0.93-0.760.83-0.77-0.23-0.40.97-0.780.2-0.770.20.341.00.940.1-0.82-0.721.0-0.78-0.470.07-0.890.88
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-0.99-0.97-0.06-0.750.77-0.74-0.59-0.950.52-0.65-0.56-0.740.34-0.560.330.01-0.75-0.6-0.80.38-0.78-0.95-0.89-0.270.72
-0.22-0.38-0.93-0.770.83-0.78-0.23-0.390.97-0.80.2-0.781.00.20.330.940.1-0.83-0.731.0-0.78-0.470.07-0.910.88
0.1-0.05-0.98-0.510.59-0.51-0.09-0.060.84-0.560.36-0.510.940.360.010.940.42-0.61-0.450.92-0.52-0.140.4-0.820.66
0.80.83-0.460.48-0.430.490.040.85-0.120.450.240.490.10.24-0.750.10.420.410.540.070.490.790.87-0.04-0.36
0.530.720.570.97-0.950.980.230.74-0.921.0-0.060.98-0.82-0.06-0.6-0.83-0.610.410.95-0.840.960.790.370.89-0.95
0.740.860.461.0-0.981.00.440.87-0.860.970.221.0-0.720.22-0.8-0.73-0.450.540.95-0.761.00.920.60.78-0.96
-0.27-0.42-0.92-0.80.86-0.8-0.28-0.430.98-0.810.14-0.81.00.140.381.00.920.07-0.84-0.76-0.81-0.510.02-0.910.9
0.720.850.520.99-0.991.00.410.85-0.90.980.161.0-0.780.16-0.78-0.78-0.520.490.961.0-0.810.90.550.8-0.98
0.930.990.140.88-0.880.880.420.99-0.650.830.340.88-0.470.34-0.95-0.47-0.140.790.790.92-0.510.90.830.47-0.83
0.930.87-0.350.54-0.490.530.510.85-0.150.440.670.530.070.67-0.890.070.40.870.370.60.020.550.830.0-0.41
0.170.360.810.83-0.80.830.260.37-0.910.87-0.130.83-0.89-0.13-0.27-0.91-0.82-0.040.890.78-0.910.80.470.0-0.83
-0.64-0.77-0.66-0.961.0-0.97-0.39-0.780.96-0.95-0.08-0.970.88-0.080.720.880.66-0.36-0.95-0.960.9-0.98-0.83-0.41-0.83
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OneMedNet Corp Account Relationship Matchups

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