Pulse Income Before Tax vs Gross Profit Analysis
PSD Stock | CAD 2.34 0.01 0.43% |
Pulse Seismic financial indicator trend analysis is much more than just breaking down Pulse Seismic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pulse Seismic is a good investment. Please check the relationship between Pulse Seismic 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 Pulse Seismic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 Pulse Seismic Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pulse Seismic's Income Before Tax and Gross Profit is 0.85. 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 Pulse Seismic, assuming nothing else is changed. The correlation between historical values of Pulse Seismic's 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 Pulse Seismic 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., Pulse Seismic's Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Pulse Seismic income statement and is an important metric when analyzing Pulse Seismic 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 Pulse Seismic minus its cost of goods sold. It is profit before Pulse Seismic 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 Pulse Seismic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pulse Seismic 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 Pulse Seismic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 25th of November 2024, Tax Provision is likely to grow to about 7 M, while Selling General Administrative is likely to drop about 5.9 M.
2023 | 2024 (projected) | Research Development | 876.6K | 906.4K | Cost Of Revenue | 9.2M | 13.2M |
Pulse Seismic fundamental ratios Correlations
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Pulse Seismic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pulse Seismic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.8M | 56.7M | 52.9M | 35.2M | 41.8M | 82.2M | |
Other Current Liab | 1.6M | 215K | 2.5M | 47K | 10.9M | 11.5M | |
Total Current Liabilities | 5.4M | 2.2M | 5.6M | 1.1M | 15.1M | 8.4M | |
Total Stockholder Equity | 32.0M | 25.3M | 44.1M | 33.5M | 25.7M | 24.4M | |
Property Plant And Equipment Net | 1.6M | 939K | 278K | 32K | 330K | 313.5K | |
Current Deferred Revenue | 1.9M | 150K | 45K | 47K | 1.4M | 1.6M | |
Net Debt | 32.2M | 30.4M | 3.3M | (5.8M) | (15.7M) | (14.9M) | |
Retained Earnings | (45.0M) | (51.8M) | (33.1M) | (43.8M) | (50.7M) | (48.2M) | |
Accounts Payable | 1.1M | 994K | 2.6M | 1.1M | 2.6M | 2.7M | |
Cash | 1.4M | (1.4M) | (500K) | 5.8M | 15.9M | 9.3M | |
Non Current Assets Total | 63.9M | 49.0M | 37.5M | 27.5M | 19.3M | 18.3M | |
Cash And Short Term Investments | 1.4M | (1.4M) | (500K) | 5.8M | 15.9M | 9.3M | |
Net Receivables | 4.2M | 7.5M | 15.0M | 1.5M | 6.3M | 10.2M | |
Liabilities And Stockholders Equity | 69.8M | 56.7M | 52.9M | 35.2M | 41.8M | 82.2M | |
Other Current Assets | 281K | 347K | 248K | 363K | 430K | 431.3K | |
Other Stockholder Equity | 2.4M | 2.5M | 2.7M | 3.0M | 3.4M | 3.3M | |
Total Liab | 37.8M | 31.5M | 8.8M | 1.7M | 16.1M | 29.8M | |
Property Plant And Equipment Gross | 1.6M | 939K | 278K | 32K | 330K | 313.5K | |
Total Current Assets | 5.9M | 7.8M | 15.4M | 7.7M | 22.5M | 19.9M | |
Short Term Debt | 2.3M | 815K | 479K | 21K | 65K | 61.8K | |
Non Currrent Assets Other | 4.4M | (47.8M) | (37.5M) | 42K | (1.0) | (1.05) | |
Non Current Liabilities Total | 32.5M | 29.3M | 3.1M | 581K | 1.1M | 1.0M | |
Intangible Assets | 57.9M | 46.9M | 37.2M | 27.4M | 18.3M | 17.4M | |
Other Liab | 1.2M | 1.0M | 828K | 581K | 522.9K | 496.8K | |
Net Tangible Assets | (25.9M) | (21.6M) | 6.9M | 6.1M | 7.0M | 7.3M | |
Property Plant Equipment | 1.6M | 939K | 278K | 32K | 28.8K | 27.4K | |
Capital Surpluse | 2.4M | 2.5M | 2.7M | 3.0M | 3.4M | 2.7M | |
Cash And Equivalents | 23.0M | 1.4M | 0.0 | 5.8M | 5.2M | 8.5M | |
Net Invested Capital | 63.5M | 53.0M | 46.4M | 33.5M | 25.7M | 33.7M | |
Net Working Capital | 596K | 5.6M | 9.7M | 6.6M | 7.5M | 8.9M |
Pair Trading with Pulse Seismic
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 Pulse Seismic 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 Pulse Seismic will appreciate offsetting losses from the drop in the long position's value.Moving against Pulse Stock
0.8 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.76 | ENB-PFU | Enbridge Pref L | PairCorr |
0.71 | ENS | E Split Corp | PairCorr |
0.67 | FFH | Fairfax Financial | PairCorr |
0.64 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Pulse Seismic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pulse Seismic 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 Pulse Seismic - 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 Pulse Seismic to buy it.
The correlation of Pulse Seismic 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 Pulse Seismic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pulse Seismic 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 Pulse Seismic 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.Other Information on Investing in Pulse Stock
Balance Sheet is a snapshot of the financial position of Pulse Seismic at a specified time, usually calculated after every quarter, six months, or one year. Pulse Seismic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pulse Seismic 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 Pulse currently owns. An asset can also be divided into two categories, current and non-current.