OPTIMIZERx Net Income Per E B T vs Net Income Analysis

OPRX Stock  USD 5.45  0.12  2.25%   
OPTIMIZERx Corp financial indicator trend analysis is much more than just breaking down OPTIMIZERx Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OPTIMIZERx Corp is a good investment. Please check the relationship between OPTIMIZERx Corp Net Income Per E B T and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OPTIMIZERx 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 metropolitan statistical area.
For more information on how to buy OPTIMIZERx Stock please use our How to Invest in OPTIMIZERx Corp guide.

Net Income Per E B T vs Net Income

Net Income Per E B T vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OPTIMIZERx Corp Net Income Per E B T account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between OPTIMIZERx Corp's Net Income Per E B T and Net Income is -0.19. Overlapping area represents the amount of variation of Net Income Per E B T that can explain the historical movement of Net Income in the same time period over historical financial statements of OPTIMIZERx Corp, assuming nothing else is changed. The correlation between historical values of OPTIMIZERx Corp's Net Income Per E B T and Net Income 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 Per E B T of OPTIMIZERx Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per E B T i.e., OPTIMIZERx Corp's Net Income Per E B T and Net Income go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per E B T

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in OPTIMIZERx Corp financial statement analysis. It represents the amount of money remaining after all of OPTIMIZERx Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from OPTIMIZERx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OPTIMIZERx 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 OPTIMIZERx 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 metropolitan statistical area.
For more information on how to buy OPTIMIZERx Stock please use our How to Invest in OPTIMIZERx Corp guide.At this time, OPTIMIZERx Corp's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 281.4 M in 2024, despite the fact that Tax Provision is likely to grow to (7.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit35.6M39.0M42.9M45.0M
Total Revenue61.3M62.5M71.5M75.1M

OPTIMIZERx Corp fundamental ratios Correlations

0.760.880.940.980.830.32-0.04-0.870.290.520.890.6-0.020.720.740.330.990.840.860.830.20.89-0.020.980.61
0.760.840.850.620.62-0.080.53-0.780.020.00.96-0.040.070.250.99-0.110.690.980.720.290.540.950.060.80.87
0.880.840.960.810.850.020.32-0.86-0.050.150.940.24-0.060.580.83-0.040.850.910.890.550.280.94-0.070.930.7
0.940.850.960.880.880.240.16-0.910.210.340.950.350.070.670.850.150.920.930.920.650.360.950.060.980.67
0.980.620.810.880.790.39-0.2-0.810.340.620.80.74-0.040.770.60.440.990.730.810.920.080.79-0.040.950.49
0.830.620.850.880.790.36-0.01-0.780.160.40.80.38-0.070.730.640.180.820.760.990.620.090.81-0.080.830.5
0.32-0.080.020.240.390.36-0.76-0.250.770.840.040.60.130.58-0.060.790.370.040.310.56-0.180.060.130.28-0.27
-0.040.530.320.16-0.2-0.01-0.76-0.2-0.61-0.850.37-0.730.05-0.380.54-0.87-0.10.420.07-0.530.460.370.040.040.52
-0.87-0.78-0.86-0.91-0.81-0.78-0.25-0.2-0.27-0.25-0.87-0.35-0.2-0.73-0.78-0.04-0.89-0.85-0.82-0.61-0.37-0.87-0.2-0.89-0.45
0.290.02-0.050.210.340.160.77-0.61-0.270.730.060.520.490.510.050.690.330.080.150.480.320.070.490.24-0.19
0.520.00.150.340.620.40.84-0.85-0.250.730.160.83-0.010.62-0.020.960.550.110.360.8-0.210.16-0.010.45-0.07
0.890.960.940.950.80.80.040.37-0.870.060.160.18-0.010.470.95-0.010.850.990.860.50.41.0-0.020.920.82
0.6-0.040.240.350.740.380.6-0.73-0.350.520.830.18-0.030.71-0.060.720.670.080.340.94-0.280.17-0.020.5-0.11
-0.020.07-0.060.07-0.04-0.070.130.05-0.20.49-0.01-0.01-0.030.140.11-0.040.010.05-0.05-0.030.74-0.021.00.0-0.13
0.720.250.580.670.770.730.58-0.38-0.730.510.620.470.710.140.260.40.780.410.690.810.00.480.130.70.0
0.740.990.830.850.60.64-0.060.54-0.780.05-0.020.95-0.060.110.26-0.130.670.980.730.260.580.950.10.780.86
0.33-0.11-0.040.150.440.180.79-0.87-0.040.690.96-0.010.72-0.040.4-0.130.36-0.040.140.65-0.24-0.01-0.040.28-0.13
0.990.690.850.920.990.820.37-0.1-0.890.330.550.850.670.010.780.670.360.790.840.880.160.840.010.970.5
0.840.980.910.930.730.760.040.42-0.850.080.110.990.080.050.410.98-0.040.790.830.410.480.990.040.880.84
0.860.720.890.920.810.990.310.07-0.820.150.360.860.34-0.050.690.730.140.840.830.60.170.88-0.060.870.59
0.830.290.550.650.920.620.56-0.53-0.610.480.80.50.94-0.030.810.260.650.880.410.6-0.120.49-0.020.770.17
0.20.540.280.360.080.09-0.180.46-0.370.32-0.210.4-0.280.740.00.58-0.240.160.480.17-0.120.390.730.250.39
0.890.950.940.950.790.810.060.37-0.870.070.161.00.17-0.020.480.95-0.010.840.990.880.490.39-0.030.920.81
-0.020.06-0.070.06-0.04-0.080.130.04-0.20.49-0.01-0.02-0.021.00.130.1-0.040.010.04-0.06-0.020.73-0.03-0.01-0.15
0.980.80.930.980.950.830.280.04-0.890.240.450.920.50.00.70.780.280.970.880.870.770.250.92-0.010.64
0.610.870.70.670.490.5-0.270.52-0.45-0.19-0.070.82-0.11-0.130.00.86-0.130.50.840.590.170.390.81-0.150.64
Click cells to compare fundamentals

OPTIMIZERx Corp Account Relationship Matchups

OPTIMIZERx Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.6M60.3M141.0M134.7M183.4M192.5M
Other Current Liab3.3M8.9M2.9M6.6M13.3M13.9M
Total Current Liabilities6.1M10.0M9.4M8.4M17.9M18.8M
Total Stockholder Equity44.9M50.0M131.4M126.1M126.6M132.9M
Property Plant And Equipment Net735.9K594.8K472.6K372.8K722.3K758.4K
Current Deferred Revenue580.0K285.8K1.4M164.3K171.8K328.0K
Net Debt(18.3M)(10.1M)(84.4M)(18.0M)23.0M24.1M
Retained Earnings(33.4M)(35.6M)(35.3M)(46.7M)(64.3M)(61.0M)
Accounts Payable2.1M618.3K5.0M1.5M2.2M1.9M
Cash18.9M10.5M84.7M18.2M13.9M12.0M
Non Current Assets Total29.5M27.5M25.9M36.1M129.0M135.5M
Cash And Short Term Investments18.9M10.5M84.7M74.1M13.9M15.6M
Common Stock Total Equity12.0K14.6K15.2K17.9K20.5K19.3K
Common Stock Shares Outstanding13.4M14.8M17.7M17.8M17.1M10.2M
Liabilities And Stockholders Equity56.6M60.3M141.0M134.7M183.4M192.5M
Non Current Liabilities Total5.7M325.5K236.7K144.5K38.9M40.9M
Other Current Assets871.0K4.5M5.6T3.7M2.8M2.6M
Other Stockholder Equity78.3M85.6M166.6M172.8M190.8M200.3M
Total Liab11.8M10.4M9.6M8.5M56.8M59.7M
Property Plant And Equipment Gross735.9K594.8K472.6K372.8K873.2K916.8K
Total Current Assets27.1M32.9M115.1M98.6M54.3M57.0M
Intangible Assets13.9M12.1M10.6M13.0M49.4M51.9M
Common Stock14.6K15.2K17.9K18.3K19.9K19.5K
Net Receivables7.4M17.9M24.8M22.2M37.3M39.2M
Good Will782.5K3.7M14.7M22.7M78.4M82.3M
Net Tangible Assets16.2M50.0M106.0M131.4M151.1M158.6M
Other Assets235.6K80.7K12.9K5.1K1.00.95
Retained Earnings Total Equity(30.3M)(33.4M)(35.6M)(35.3M)(31.7M)(33.3M)
Capital Surpluse48.7M78.3M85.6M166.6M191.6M201.2M
Property Plant Equipment735.9K148.9K472.6K143.8K165.4K205.0K
Net Invested Capital44.9M50.0M131.4M126.1M162.8M84.8M
Net Working Capital21.0M22.8M105.7M90.2M36.4M46.1M

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