OSTX Income Before Tax vs Total Operating Expenses Analysis
| OSTX Stock | 5.11 1.28 33.42% |
OS Therapies financial indicator trend analysis is much more than just breaking down OS Therapies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OS Therapies is a good investment. Please check the relationship between OS Therapies Income Before Tax and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OS Therapies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Income Before Tax vs Total Operating Expenses
Income Before Tax vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OS Therapies Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between OS Therapies' Income Before Tax and Total Operating Expenses is 0.36. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of OS Therapies Incorporated, assuming nothing else is changed. The correlation between historical values of OS Therapies' Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of OS Therapies Incorporated are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., OS Therapies' Income Before Tax and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on OS Therapies income statement and is an important metric when analyzing OS Therapies 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.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from OS Therapies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OS Therapies 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 OS Therapies Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Selling General Administrative is likely to drop to about 1 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 4.8M | 4.4M | 4.3M | 3.6M | Research Development | 2.2M | 3.3M | 3.2M | 3.2M |
OS Therapies fundamental ratios Correlations
Click cells to compare fundamentals
OS Therapies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running OS Therapies' price analysis, check to measure OS Therapies' 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 OS Therapies is operating at the current time. Most of OS Therapies' value examination focuses on studying past and present price action to predict the probability of OS Therapies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OS Therapies' price. Additionally, you may evaluate how the addition of OS Therapies to your portfolios can decrease your overall portfolio volatility.