Poly Gross Profit vs Net Income Analysis

POLYMED Stock

2,783 43.70 1.60%

Poly Medicure financial indicator trend analysis is much more than just breaking down Poly Medicure Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Poly Medicure Limited is a good investment. Please check the relationship between Poly Medicure Gross Profit and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Poly Medicure Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Poly Medicure Limited Gross Profit account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Poly Medicure's Gross Profit and Net Income is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Poly Medicure Limited, assuming nothing else is changed. The correlation between historical values of Poly Medicure's Gross Profit 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 Gross Profit of Poly Medicure Limited 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 Gross Profit i.e., Poly Medicure's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Poly Medicure Limited financial statement analysis. It represents the amount of money remaining after all of Poly Medicure Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Poly Medicure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Poly Medicure Limited 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 Poly Medicure Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

The current year's Selling General Administrative is expected to grow to about 2.6 B, whereas Tax Provision is forecasted to decline to about 446.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	37.2M	88.4M	130.5M	83.2M
Depreciation And Amortization	538.7M	571.2M	639.3M	671.2M

Interest Expense Depreciation And Amortization

Poly Medicure fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Good Will	Retained Earnings	Current Deferred Revenue	Short Term Investments
Total Assets		0.63	0.89	0.97	1.0	0.98	0.62	-0.02	0.99	0.48	0.91	0.95	0.92	0.08	0.99	0.08	0.91	0.75	0.99	0.96	0.66	0.85	0.29	0.98	0.05	0.9
Short Long Term Debt Total	0.63		0.48	0.66	0.57	0.58	0.99	-0.1	0.63	0.16	0.5	0.69	0.38	0.69	0.65	-0.03	0.4	0.94	0.61	0.63	0.88	0.83	0.42	0.55	-0.52	0.5
Other Current Liab	0.89	0.48		0.93	0.88	0.94	0.47	0.0	0.93	0.66	0.68	0.88	0.88	-0.08	0.91	-0.03	0.83	0.61	0.82	0.93	0.4	0.68	0.24	0.94	0.01	0.67
Total Current Liabilities	0.97	0.66	0.93		0.95	0.98	0.63	0.07	0.99	0.55	0.79	0.93	0.91	0.13	0.98	0.11	0.85	0.78	0.93	0.99	0.64	0.83	0.36	0.97	-0.06	0.78
Total Stockholder Equity	1.0	0.57	0.88	0.95		0.97	0.56	-0.03	0.98	0.47	0.92	0.94	0.93	0.01	0.98	0.08	0.93	0.71	0.99	0.94	0.62	0.82	0.25	0.98	0.12	0.92
Property Plant And Equipment Net	0.98	0.58	0.94	0.98	0.97		0.57	0.02	1.0	0.59	0.81	0.93	0.92	0.03	0.98	0.07	0.91	0.7	0.93	0.99	0.57	0.77	0.26	1.0	0.01	0.8
Net Debt	0.62	0.99	0.47	0.63	0.56	0.57		-0.23	0.61	0.14	0.5	0.7	0.37	0.69	0.64	-0.1	0.41	0.91	0.6	0.61	0.84	0.8	0.37	0.53	-0.55	0.5
Cash	-0.02	-0.1	0.0	0.07	-0.03	0.02	-0.23		0.01	0.12	-0.09	-0.2	0.0	-0.09	-0.01	0.56	-0.15	0.07	-0.04	0.06	0.13	0.05	0.32	0.0	0.34	-0.11
Non Current Assets Total	0.99	0.63	0.93	0.99	0.98	1.0	0.61	0.01		0.55	0.83	0.94	0.91	0.09	0.99	0.08	0.9	0.74	0.95	0.99	0.62	0.8	0.28	0.99	-0.02	0.82
Non Currrent Assets Other	0.48	0.16	0.66	0.55	0.47	0.59	0.14	0.12	0.55		0.22	0.55	0.5	-0.11	0.49	-0.14	0.59	0.27	0.39	0.57	0.2	0.26	0.29	0.57	0.18	0.21
Cash And Short Term Investments	0.91	0.5	0.68	0.79	0.92	0.81	0.5	-0.09	0.83	0.22		0.83	0.82	-0.01	0.87	0.06	0.84	0.63	0.96	0.75	0.61	0.8	0.21	0.83	0.27	1.0
Net Receivables	0.95	0.69	0.88	0.93	0.94	0.93	0.7	-0.2	0.94	0.55	0.83		0.87	0.19	0.95	-0.17	0.89	0.76	0.93	0.9	0.64	0.83	0.26	0.93	-0.07	0.83
Common Stock Shares Outstanding	0.92	0.38	0.88	0.91	0.93	0.92	0.37	0.0	0.91	0.5	0.82	0.87		-0.17	0.93	0.09	0.87	0.56	0.9	0.89	0.44	0.72	0.22	0.94	0.19	0.81
Non Current Liabilities Total	0.08	0.69	-0.08	0.13	0.01	0.03	0.69	-0.09	0.09	-0.11	-0.01	0.19	-0.17		0.09	-0.11	-0.11	0.46	0.07	0.11	0.59	0.26	0.24	-0.01	-0.69	-0.01
Inventory	0.99	0.65	0.91	0.98	0.98	0.98	0.64	-0.01	0.99	0.49	0.87	0.95	0.93	0.09		0.07	0.88	0.77	0.97	0.97	0.66	0.87	0.31	0.98	0.02	0.86
Other Current Assets	0.08	-0.03	-0.03	0.11	0.08	0.07	-0.1	0.56	0.08	-0.14	0.06	-0.17	0.09	-0.11	0.07		-0.03	0.11	0.08	0.14	0.2	0.12	0.41	0.07	0.21	0.06
Other Stockholder Equity	0.91	0.4	0.83	0.85	0.93	0.91	0.41	-0.15	0.9	0.59	0.84	0.89	0.87	-0.11	0.88	-0.03		0.52	0.89	0.85	0.45	0.64	0.15	0.93	0.22	0.84
Total Liab	0.75	0.94	0.61	0.78	0.71	0.7	0.91	0.07	0.74	0.27	0.63	0.76	0.56	0.46	0.77	0.11	0.52		0.74	0.74	0.91	0.95	0.53	0.68	-0.28	0.63
Total Current Assets	0.99	0.61	0.82	0.93	0.99	0.93	0.6	-0.04	0.95	0.39	0.96	0.93	0.9	0.07	0.97	0.08	0.89	0.74		0.9	0.68	0.86	0.29	0.94	0.13	0.96
Short Term Debt	0.96	0.63	0.93	0.99	0.94	0.99	0.61	0.06	0.99	0.57	0.75	0.9	0.89	0.11	0.97	0.14	0.85	0.74	0.9		0.6	0.78	0.31	0.98	-0.09	0.74
Common Stock	0.66	0.88	0.4	0.64	0.62	0.57	0.84	0.13	0.62	0.2	0.61	0.64	0.44	0.59	0.66	0.2	0.45	0.91	0.68	0.6		0.86	0.52	0.55	-0.17	0.62
Accounts Payable	0.85	0.83	0.68	0.83	0.82	0.77	0.8	0.05	0.8	0.26	0.8	0.83	0.72	0.26	0.87	0.12	0.64	0.95	0.86	0.78	0.86		0.48	0.77	-0.06	0.79
Good Will	0.29	0.42	0.24	0.36	0.25	0.26	0.37	0.32	0.28	0.29	0.21	0.26	0.22	0.24	0.31	0.41	0.15	0.53	0.29	0.31	0.52	0.48		0.23	0.0	0.2
Retained Earnings	0.98	0.55	0.94	0.97	0.98	1.0	0.53	0.0	0.99	0.57	0.83	0.93	0.94	-0.01	0.98	0.07	0.93	0.68	0.94	0.98	0.55	0.77	0.23		0.05	0.83
Current Deferred Revenue	0.05	-0.52	0.01	-0.06	0.12	0.01	-0.55	0.34	-0.02	0.18	0.27	-0.07	0.19	-0.69	0.02	0.21	0.22	-0.28	0.13	-0.09	-0.17	-0.06	0.0	0.05		0.26
Short Term Investments	0.9	0.5	0.67	0.78	0.92	0.8	0.5	-0.11	0.82	0.21	1.0	0.83	0.81	-0.01	0.86	0.06	0.84	0.63	0.96	0.74	0.62	0.79	0.2	0.83	0.26

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Poly Medicure Account Relationship Matchups

Poly Medicure fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7B	12.2B	13.8B	15.8B	18.6B	19.5B
Short Long Term Debt Total	2.1B	1.4B	1.3B	1.5B	1.7B	975.7M
Other Current Liab	407.5M	292.3M	364.5M	699.8M	811.1M	851.6M
Total Current Liabilities	2.0B	1.7B	2.3B	2.9B	3.5B	3.7B
Total Stockholder Equity	4.3B	9.7B	10.9B	12.4B	14.7B	15.4B
Property Plant And Equipment Net	3.3B	3.9B	4.8B	6.6B	8.9B	9.3B
Net Debt	2.0B	1.3B	1.2B	1.4B	1.6B	896.1M
Cash	48.6M	49.5M	77.6M	70.6M	120.5M	78.5M
Non Current Assets Total	4.5B	5.2B	5.9B	7.7B	10.2B	10.7B
Non Currrent Assets Other	195.1M	1K	81.1M	378.1M	465.7M	489.0M
Cash And Short Term Investments	409.7M	3.7B	3.5B	3.1B	2.9B	3.0B
Net Receivables	1.3B	1.6B	2.1B	2.4B	2.7B	2.8B
Common Stock Shares Outstanding	88.3M	89.2M	96.0M	96.0M	96.0M	98.7M
Liabilities And Stockholders Equity	7.7B	12.2B	13.8B	15.8B	18.6B	19.5B
Non Current Liabilities Total	1.4B	867.6M	626.8M	422.8M	373.8M	651.6M
Inventory	1.1B	1.3B	1.7B	2.1B	2.2B	2.3B
Other Current Assets	376.0M	475.0M	567.7M	366.2M	646.7M	418.7M
Other Stockholder Equity	6.9M	3.9B	3.9B	3.9B	6.8B	7.1B
Total Liab	3.3B	2.6B	2.9B	3.4B	3.9B	2.0B
Total Current Assets	3.2B	7.1B	7.8B	8.1B	8.4B	8.8B
Accumulated Other Comprehensive Income	(2.3B)	2.2B	2.5B	2.7B	115.4M	121.2M
Short Term Debt	889.3M	721.8M	882.0M	1.3B	1.7B	1.8B
Common Stock	441.2M	479.4M	479.5M	479.7M	479.9M	302.5M
Accounts Payable	663.6M	645.2M	890.4M	923.1M	956.0M	526.0M
Retained Earnings	1.9B	3.0B	4.0B	5.3B	7.3B	7.7B
Current Deferred Revenue	(889.3M)	346.9M	263.7M	379.8M	16.8M	16.0M
Short Term Investments	361.1M	3.7B	3.4B	3.0B	2.7B	2.9B
Intangible Assets	234.1M	228.3M	220.7M	215.5M	249.9M	206.7M
Other Liab	276.1M	215.3M	215.2M	241.7M	277.9M	231.0M
Net Tangible Assets	3.3B	3.8B	9.1B	10.4B	11.9B	12.5B
Other Assets	399.5M	246.6M	453.6M	378.1M	434.9M	289.7M
Long Term Debt	1.1B	632.8M	381.3M	175.0M	10.9M	10.3M
Short Long Term Debt	917.2M	388.2M	871.5M	1.3B	1.7B	1.8B
Property Plant Equipment	3.3B	3.9B	4.8B	6.6B	7.6B	8.0B
Long Term Debt Total	1.1B	652.4M	385.1M	188.5M	169.7M	161.2M
Capital Surpluse	6.9M	3.9B	3.9B	3.9B	4.5B	4.7B
Non Current Liabilities Other	24.7M	607K	(1K)	1K	900.0	855.0

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Balance Sheet is a snapshot of the financial position of Poly Medicure Limited at a specified time, usually calculated after every quarter, six months, or one year. Poly Medicure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Poly Medicure and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Poly currently owns. An asset can also be divided into two categories, current and non-current.

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Poly Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

Poly Medicure fundamental ratios Correlations

Poly Medicure Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Poly Medicure fundamental ratios Accounts

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Other Information on Investing in Poly Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Retained Earnings	+ 1.0	Property Plant And Equipment Net
Short Term Investments	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets

Current Deferred Revenue	- 0.69	Non Current Liabilities Total
Current Deferred Revenue	- 0.55	Net Debt
Current Deferred Revenue	- 0.52	Short Long Term Debt Total
Current Deferred Revenue	- 0.28	Total Liab
Cash	- 0.23	Net Debt
Net Receivables	- 0.2	Cash