Paymentus Income Before Tax vs Gross Profit Analysis

PAY Stock  USD 36.44  0.13  0.36%   
Paymentus Holdings financial indicator trend analysis is much more than just breaking down Paymentus Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paymentus Holdings is a good investment. Please check the relationship between Paymentus Holdings Income Before Tax and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Paymentus Holdings' Income Before Tax and Gross Profit is -0.14. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Paymentus Holdings, assuming nothing else is changed. The correlation between historical values of Paymentus Holdings' Income Before Tax and Gross Profit 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 Paymentus Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Paymentus Holdings' Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Paymentus Holdings income statement and is an important metric when analyzing Paymentus Holdings 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Paymentus Holdings minus its cost of goods sold. It is profit before Paymentus Holdings 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.
Most indicators from Paymentus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paymentus Holdings 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 Paymentus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.Enterprise Value is likely to rise to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 34.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit121.4M149.7M182.3M173.2M
Total Revenue395.5M497.0M614.5M1.0B

Paymentus Holdings fundamental ratios Correlations

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Paymentus Holdings Account Relationship Matchups

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When running Paymentus Holdings' price analysis, check to measure Paymentus Holdings' 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 Paymentus Holdings is operating at the current time. Most of Paymentus Holdings' value examination focuses on studying past and present price action to predict the probability of Paymentus Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paymentus Holdings' price. Additionally, you may evaluate how the addition of Paymentus Holdings to your portfolios can decrease your overall portfolio volatility.