PACS Total Revenue vs Net Income Analysis
| PACS Stock | 16.55 0.06 0.36% |
PACS Group, financial indicator trend analysis is much more than just breaking down PACS Group, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PACS Group, is a good investment. Please check the relationship between PACS Group, Total Revenue and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PACS Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy PACS Stock please use our How to Invest in PACS Group, guide.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PACS Group, Total Revenue account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between PACS Group,'s Total Revenue and Net Income is 0.91. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of PACS Group,, assuming nothing else is changed. The correlation between historical values of PACS Group,'s Total Revenue 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 Total Revenue of PACS Group, 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 Total Revenue i.e., PACS Group,'s Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts PACS Group, 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in PACS Group, financial statement analysis. It represents the amount of money remaining after all of PACS Group, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from PACS Group,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PACS Group, 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 PACS Group,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy PACS Stock please use our How to Invest in PACS Group, guide.At this time, PACS Group,'s Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 153.8 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.3M | 25.5M | 49.9M | 29.6M | Depreciation And Amortization | 7.2M | 22.3M | 25.6M | 20.2M |
PACS Group, fundamental ratios Correlations
Click cells to compare fundamentals
PACS Group, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for PACS Stock Analysis
When running PACS Group,'s price analysis, check to measure PACS Group,'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 PACS Group, is operating at the current time. Most of PACS Group,'s value examination focuses on studying past and present price action to predict the probability of PACS Group,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACS Group,'s price. Additionally, you may evaluate how the addition of PACS Group, to your portfolios can decrease your overall portfolio volatility.