AdRabbit Income Before Tax vs Gross Profit Analysis

RABI Stock

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AdRabbit financial indicator trend analysis is way more than just evaluating AdRabbit Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AdRabbit Limited is a good investment. Please check the relationship between AdRabbit 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 AdRabbit 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 gross domestic product.

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 AdRabbit Limited Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have pay attention.

The correlation between AdRabbit's Income Before Tax and Gross Profit is -0.83. 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 AdRabbit Limited, assuming nothing else is changed. The correlation between historical values of AdRabbit'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 AdRabbit Limited 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., AdRabbit's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.83

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on AdRabbit income statement and is an important metric when analyzing AdRabbit Limited 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 AdRabbit Limited minus its cost of goods sold. It is profit before AdRabbit 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 AdRabbit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AdRabbit 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 AdRabbit 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 gross domestic product.

Selling General Administrative is likely to drop to about 631.9 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Cost Of Revenue	35.8K	278.2K	262.9K	163.5K
Research Development	1.1M	635.1K	146.3K	138.9K

Cost Of Revenue Research Development

AdRabbit fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Property Plant Equipment	Capital Lease Obligations	Intangible Assets	Net Debt	Short Long Term Debt
Total Assets		1.0	-0.24	0.96	0.99	0.45	0.99	-0.86	1.0	-0.28	0.63	-0.84	-0.97	-0.96	-0.25	0.96	-0.72	1.0	-0.89	0.96	-0.96	-0.81	0.91	0.92	0.58	0.79
Other Current Liab	1.0		-0.26	0.97	0.99	0.45	0.98	-0.85	1.0	-0.28	0.62	-0.83	-0.97	-0.96	-0.27	0.97	-0.7	1.0	-0.89	0.97	-0.96	-0.81	0.9	0.92	0.58	0.78
Total Current Liabilities	-0.24	-0.26		-0.46	-0.32	-0.36	-0.21	-0.05	-0.24	0.04	0.53	-0.12	0.13	0.2	1.0	-0.46	-0.34	-0.22	-0.02	-0.46	0.16	-0.04	-0.17	-0.36	-0.11	0.14
Total Stockholder Equity	0.96	0.97	-0.46		0.98	0.47	0.94	-0.73	0.97	-0.31	0.44	-0.73	-0.92	-0.93	-0.47	1.0	-0.57	0.96	-0.8	1.0	-0.91	-0.74	0.84	0.92	0.46	0.64
Net Tangible Assets	0.99	0.99	-0.32	0.98		0.55	0.99	-0.86	0.99	-0.18	0.53	-0.84	-0.94	-0.96	-0.33	0.98	-0.71	0.99	-0.89	0.98	-0.95	-0.73	0.93	0.96	0.56	0.79
Property Plant And Equipment Net	0.45	0.45	-0.36	0.47	0.55		0.55	-0.63	0.43	0.68	-0.15	-0.62	-0.33	-0.54	-0.35	0.47	-0.53	0.44	-0.6	0.47	-0.5	0.13	0.74	0.75	0.48	0.67
Retained Earnings	0.99	0.98	-0.21	0.94	0.99	0.55		-0.9	0.98	-0.15	0.6	-0.86	-0.93	-0.94	-0.22	0.94	-0.75	0.99	-0.9	0.94	-0.94	-0.73	0.95	0.94	0.59	0.85
Accounts Payable	-0.86	-0.85	-0.05	-0.73	-0.86	-0.63	-0.9		-0.85	-0.13	-0.65	0.9	0.81	0.85	-0.04	-0.73	0.86	-0.86	0.92	-0.73	0.87	0.59	-0.96	-0.85	-0.79	-0.98
Cash	1.0	1.0	-0.24	0.97	0.99	0.43	0.98	-0.85		-0.3	0.64	-0.83	-0.97	-0.96	-0.25	0.97	-0.71	1.0	-0.89	0.97	-0.96	-0.83	0.9	0.91	0.57	0.77
Non Current Assets Total	-0.28	-0.28	0.04	-0.31	-0.18	0.68	-0.15	-0.13	-0.3		-0.47	-0.07	0.4	0.19	0.06	-0.31	-0.12	-0.29	0.01	-0.32	0.22	0.72	0.15	0.04	0.2	0.26
Net Receivables	0.63	0.62	0.53	0.44	0.53	-0.15	0.6	-0.65	0.64	-0.47		-0.64	-0.73	-0.59	0.51	0.44	-0.7	0.65	-0.66	0.44	-0.64	-0.85	0.49	0.37	0.41	0.61
Common Stock Shares Outstanding	-0.84	-0.83	-0.12	-0.73	-0.84	-0.62	-0.86	0.9	-0.83	-0.07	-0.64		0.85	0.92	-0.11	-0.73	0.97	-0.84	0.99	-0.73	0.91	0.57	-0.9	-0.87	-0.5	-0.9
Other Current Assets	-0.97	-0.97	0.13	-0.92	-0.94	-0.33	-0.93	0.81	-0.97	0.4	-0.73	0.85		0.97	0.14	-0.92	0.75	-0.97	0.91	-0.92	0.98	0.88	-0.83	-0.85	-0.52	-0.73
Other Stockholder Equity	-0.96	-0.96	0.2	-0.93	-0.96	-0.54	-0.94	0.85	-0.96	0.19	-0.59	0.92	0.97		0.22	-0.93	0.81	-0.96	0.96	-0.93	0.99	0.73	-0.9	-0.95	-0.52	-0.79
Total Liab	-0.25	-0.27	1.0	-0.47	-0.33	-0.35	-0.22	-0.04	-0.25	0.06	0.51	-0.11	0.14	0.22		-0.47	-0.34	-0.23	-0.01	-0.48	0.18	-0.01	-0.18	-0.37	-0.11	0.14
Net Invested Capital	0.96	0.97	-0.46	1.0	0.98	0.47	0.94	-0.73	0.97	-0.31	0.44	-0.73	-0.92	-0.93	-0.47		-0.57	0.96	-0.8	1.0	-0.91	-0.74	0.84	0.92	0.46	0.64
Property Plant And Equipment Gross	-0.72	-0.7	-0.34	-0.57	-0.71	-0.53	-0.75	0.86	-0.71	-0.12	-0.7	0.97	0.75	0.81	-0.34	-0.57		-0.72	0.93	-0.56	0.81	0.5	-0.82	-0.74	-0.45	-0.89
Total Current Assets	1.0	1.0	-0.22	0.96	0.99	0.44	0.99	-0.86	1.0	-0.29	0.65	-0.84	-0.97	-0.96	-0.23	0.96	-0.72		-0.9	0.96	-0.96	-0.82	0.91	0.91	0.58	0.79
Capital Stock	-0.89	-0.89	-0.02	-0.8	-0.89	-0.6	-0.9	0.92	-0.89	0.01	-0.66	0.99	0.91	0.96	-0.01	-0.8	0.93	-0.9		-0.8	0.96	0.65	-0.93	-0.9	-0.58	-0.9
Net Working Capital	0.96	0.97	-0.46	1.0	0.98	0.47	0.94	-0.73	0.97	-0.32	0.44	-0.73	-0.92	-0.93	-0.48	1.0	-0.56	0.96	-0.8		-0.91	-0.74	0.84	0.92	0.46	0.64
Common Stock	-0.96	-0.96	0.16	-0.91	-0.95	-0.5	-0.94	0.87	-0.96	0.22	-0.64	0.91	0.98	0.99	0.18	-0.91	0.81	-0.96	0.96	-0.91		0.77	-0.9	-0.92	-0.58	-0.8
Property Plant Equipment	-0.81	-0.81	-0.04	-0.74	-0.73	0.13	-0.73	0.59	-0.83	0.72	-0.85	0.57	0.88	0.73	-0.01	-0.74	0.5	-0.82	0.65	-0.74	0.77		-0.54	-0.53	-0.41	-0.48
Capital Lease Obligations	0.91	0.9	-0.17	0.84	0.93	0.74	0.95	-0.96	0.9	0.15	0.49	-0.9	-0.83	-0.9	-0.18	0.84	-0.82	0.91	-0.93	0.84	-0.9	-0.54		0.95	0.69	0.94
Intangible Assets	0.92	0.92	-0.36	0.92	0.96	0.75	0.94	-0.85	0.91	0.04	0.37	-0.87	-0.85	-0.95	-0.37	0.92	-0.74	0.91	-0.9	0.92	-0.92	-0.53	0.95		0.53	0.81
Net Debt	0.58	0.58	-0.11	0.46	0.56	0.48	0.59	-0.79	0.57	0.2	0.41	-0.5	-0.52	-0.52	-0.11	0.46	-0.45	0.58	-0.58	0.46	-0.58	-0.41	0.69	0.53		0.74
Short Long Term Debt	0.79	0.78	0.14	0.64	0.79	0.67	0.85	-0.98	0.77	0.26	0.61	-0.9	-0.73	-0.79	0.14	0.64	-0.89	0.79	-0.9	0.64	-0.8	-0.48	0.94	0.81	0.74

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AdRabbit Income Before Tax vs Gross Profit Analysis

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

Correlation Coefficient

Income Before Tax

Gross Profit

AdRabbit fundamental ratios Correlations

AdRabbit Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for AdRabbit Stock Analysis

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Other Current Liab	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash	+ 1.0	Other Current Liab
Total Current Assets	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities

Short Long Term Debt	- 0.98	Accounts Payable
Total Current Assets	- 0.97	Other Current Assets
Other Current Assets	- 0.97	Cash
Other Current Assets	- 0.97	Other Current Liab
Other Current Assets	- 0.97	Total Assets
Common Stock	- 0.96	Total Current Assets