Big Net Income From Continuing Ops vs Net Income Analysis

PRM Stock  CAD 11.70  0.15  1.30%   
Big Pharma financial indicator trend analysis is way more than just evaluating Big Pharma Split prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Pharma Split is a good investment. Please check the relationship between Big Pharma Net Income From Continuing Ops and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Big Pharma Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Pharma Split Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Big Pharma's Net Income From Continuing Ops and Net Income is 0.94. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of Big Pharma Split, assuming nothing else is changed. The correlation between historical values of Big Pharma's Net Income From Continuing Ops 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 From Continuing Ops of Big Pharma Split 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 From Continuing Ops i.e., Big Pharma's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Big Pharma Split financial statement analysis. It represents the amount of money remaining after all of Big Pharma Split operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Big Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Pharma Split 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 Big Pharma Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Big Pharma's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of August 2025, Enterprise Value Over EBITDA is likely to grow to 1,127, while Selling General Administrative is likely to drop about 359 K.
 2022 2023 2024 2025 (projected)
Gross Profit3.7M311.8K1.5M2.3M
Total Revenue3.7M311.8K1.8M2.5M

Big Pharma fundamental ratios Correlations

0.620.070.210.940.27-0.50.590.270.510.69-0.46-0.440.040.470.890.55-0.450.50.130.40.490.690.270.50.62
0.620.380.590.750.06-0.90.96-0.290.80.93-0.8-0.650.51-0.370.610.71-0.410.40.30.170.450.930.570.741.0
0.070.380.970.2-0.38-0.260.35-0.70.350.37-0.05-0.840.61-0.320.440.06-0.650.520.130.550.490.30.670.780.38
0.210.590.970.35-0.31-0.490.55-0.680.510.56-0.29-0.880.69-0.40.530.23-0.670.520.160.530.50.510.740.860.59
0.940.750.20.350.13-0.610.730.120.580.86-0.58-0.570.090.210.830.57-0.390.630.330.250.580.830.270.60.75
0.270.06-0.38-0.310.13-0.10.070.580.0-0.03-0.260.49-0.180.290.19-0.20.27-0.45-0.670.24-0.30.07-0.13-0.390.06
-0.5-0.9-0.26-0.49-0.61-0.1-0.830.22-0.79-0.820.90.45-0.590.41-0.44-0.650.44-0.12-0.05-0.14-0.09-0.88-0.53-0.61-0.9
0.590.960.350.550.730.07-0.83-0.140.590.95-0.81-0.610.4-0.410.530.66-0.270.420.370.070.480.950.450.680.96
0.27-0.29-0.7-0.680.120.580.22-0.14-0.5-0.12-0.110.61-0.50.54-0.05-0.080.43-0.34-0.26-0.12-0.34-0.1-0.47-0.6-0.29
0.510.80.350.510.580.0-0.790.59-0.50.61-0.54-0.560.58-0.180.590.62-0.580.240.080.340.260.630.650.660.8
0.690.930.370.560.86-0.03-0.820.95-0.120.61-0.79-0.680.34-0.290.610.65-0.340.560.460.070.530.970.40.720.93
-0.46-0.8-0.05-0.29-0.58-0.260.9-0.81-0.11-0.54-0.790.24-0.480.42-0.28-0.620.130.05-0.060.010.08-0.81-0.38-0.33-0.8
-0.44-0.65-0.84-0.88-0.570.490.45-0.610.61-0.56-0.680.24-0.540.2-0.66-0.490.7-0.78-0.49-0.42-0.74-0.58-0.68-0.95-0.65
0.040.510.610.690.09-0.18-0.590.4-0.50.580.34-0.48-0.54-0.450.250.52-0.6-0.11-0.110.51-0.10.30.930.550.51
0.47-0.37-0.32-0.40.210.290.41-0.410.54-0.18-0.290.420.2-0.450.42-0.1-0.180.1-0.270.40.09-0.27-0.19-0.2-0.37
0.890.610.440.530.830.19-0.440.53-0.050.590.61-0.28-0.660.250.420.42-0.690.590.020.710.620.60.530.70.61
0.550.710.060.230.57-0.2-0.650.66-0.080.620.65-0.62-0.490.52-0.10.42-0.380.20.440.090.240.590.580.510.71
-0.45-0.41-0.65-0.67-0.390.270.44-0.270.43-0.58-0.340.130.7-0.6-0.18-0.69-0.38-0.380.11-0.74-0.31-0.37-0.74-0.8-0.41
0.50.40.520.520.63-0.45-0.120.42-0.340.240.560.05-0.78-0.110.10.590.2-0.380.670.090.930.490.10.710.4
0.130.30.130.160.33-0.67-0.050.37-0.260.080.46-0.06-0.49-0.11-0.270.020.440.110.67-0.490.620.31-0.070.340.3
0.40.170.550.530.250.24-0.140.07-0.120.340.070.01-0.420.510.40.710.09-0.740.09-0.490.150.070.710.440.17
0.490.450.490.50.58-0.3-0.090.48-0.340.260.530.08-0.74-0.10.090.620.24-0.310.930.620.150.460.160.690.45
0.690.930.30.510.830.07-0.880.95-0.10.630.97-0.81-0.580.3-0.270.60.59-0.370.490.310.070.460.340.70.93
0.270.570.670.740.27-0.13-0.530.45-0.470.650.4-0.38-0.680.93-0.190.530.58-0.740.1-0.070.710.160.340.680.57
0.50.740.780.860.6-0.39-0.610.68-0.60.660.72-0.33-0.950.55-0.20.70.51-0.80.710.340.440.690.70.680.74
0.621.00.380.590.750.06-0.90.96-0.290.80.93-0.8-0.650.51-0.370.610.71-0.410.40.30.170.450.930.570.74
Click cells to compare fundamentals

Big Pharma Account Relationship Matchups

Big Pharma fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets22.9M37.8M39.1M26.5M26.3M24.6M
Short Long Term Debt Total9.3M14.9M9.9M10.3M11.6M9.4M
Other Current Liab(9.7M)(15.2M)(10.2M)137.4K(11.6M)(11.0M)
Total Current Liabilities213.2K339.0K347.8K11.1M1.0M993.5K
Total Stockholder Equity13.2M22.4M19.7M15.9M13.7M13.9M
Net Tangible Assets18.8M16.3M13.2M22.4M25.8M19.7M
Net Debt9.1M13.4M9.0M10.1M10.5M8.7M
Accounts Payable213.2K339.0K347.8K248.7K286.0K299.6K
Cash231.0K1.4M819.2K204.2K1.0M651.4K
Non Current Assets Total22.4M36.1M24.3M25.5M23.0M22.7M
Non Currrent Assets Other(22.4M)(36.1M)(24.3M)(25.5M)(29.4M)(30.8M)
Other Assets(33.1M)(26.3M)151.1K(718.2K)26.3M27.6M
Cash And Short Term Investments231.0K1.4M819.2K204.2K26.2M27.5M
Net Receivables104.3K102.6K14.0M77.1K96.7K91.9K
Common Stock Shares Outstanding995.8K1.3M1.5M1.2M1.1M1.0M
Short Term Investments22.4M35.3M23.7M718.2K25.2M19.7M
Liabilities And Stockholders Equity22.9M37.8M39.1M26.5M26.3M24.6M
Non Current Liabilities Total9.7M15.4M347.8K10.7M12.3M7.5M
Other Current Assets194.5K964.1K545.1K718.2K(26.3M)(25.0M)
Total Liab213.2K339.0K19.4M10.7M12.6M8.3M
Total Current Assets335.2K1.5M14.8M999.5K26.3M13.7M
Short Term Debt9.3M14.9M9.9M10.3M11.6M9.4M
Common Stock13.2M22.4M19.7M15.9M13.7M13.9M

Pair Trading with Big Pharma

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Big Pharma position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Big Pharma will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Big Pharma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Pharma when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big Pharma - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big Pharma Split to buy it.
The correlation of Big Pharma is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big Pharma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Pharma Split moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big Pharma can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Big Stock

Balance Sheet is a snapshot of the financial position of Big Pharma Split at a specified time, usually calculated after every quarter, six months, or one year. Big Pharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Big Pharma 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 Big currently owns. An asset can also be divided into two categories, current and non-current.