Avita Gross Profit Margin vs Pretax Profit Margin Analysis

RCEL Stock  USD 12.82  0.03  0.23%   
Avita Medical financial indicator trend analysis is way more than just evaluating Avita Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avita Medical is a good investment. Please check the relationship between Avita Medical Gross Profit Margin and its Pretax Profit Margin accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Avita Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Avita Stock please use our How to buy in Avita Stock guide.

Gross Profit Margin vs Pretax Profit Margin

Gross Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avita Medical Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Avita Medical's Gross Profit Margin and Pretax Profit Margin is 0.58. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Avita Medical, assuming nothing else is changed. The correlation between historical values of Avita Medical's Gross Profit Margin and Pretax Profit Margin 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 Margin of Avita Medical are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., Avita Medical's Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit Margin

Pretax Profit Margin

Most indicators from Avita Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avita Medical 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 Avita Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Avita Stock please use our How to buy in Avita Stock guide.At this time, Avita Medical's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 69.3 K this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.74.
 2021 2022 2023 2024 (projected)
Gross Profit11.3M41.7M42.4M44.5M
Total Revenue14.3M50.6M50.1M52.7M

Avita Medical fundamental ratios Correlations

0.080.990.83-0.29-0.970.530.890.860.870.820.510.850.640.99-0.910.540.080.810.730.260.850.710.830.660.96
0.080.140.230.25-0.24-0.350.440.04-0.030.04-0.140.07-0.070.030.17-0.39-0.25-0.150.040.44-0.210.48-0.20.280.11
0.990.140.78-0.15-0.980.410.910.870.910.830.590.870.710.98-0.870.430.030.760.810.340.80.790.80.750.94
0.830.230.78-0.59-0.810.730.850.820.570.790.230.780.410.78-0.650.73-0.160.850.40.270.820.60.830.470.9
-0.290.25-0.15-0.590.19-0.92-0.13-0.190.13-0.250.4-0.10.27-0.280.27-0.87-0.09-0.470.340.25-0.560.28-0.440.38-0.34
-0.97-0.24-0.98-0.810.19-0.41-0.93-0.83-0.84-0.79-0.49-0.83-0.62-0.960.84-0.42-0.02-0.73-0.74-0.36-0.76-0.78-0.75-0.71-0.93
0.53-0.350.410.73-0.92-0.410.320.520.220.53-0.010.430.120.51-0.480.980.00.750.02-0.060.76-0.020.74-0.050.58
0.890.440.910.85-0.13-0.930.320.830.770.750.460.850.60.84-0.710.35-0.130.720.680.370.70.880.690.760.92
0.860.040.870.82-0.19-0.830.520.830.870.920.750.990.860.81-0.70.56-0.260.920.810.470.770.810.940.820.9
0.87-0.030.910.570.13-0.840.220.770.870.80.840.890.90.86-0.80.26-0.040.70.940.340.70.820.770.860.84
0.820.040.830.79-0.25-0.790.530.750.920.80.630.880.760.77-0.630.51-0.180.830.710.460.80.720.910.720.88
0.51-0.140.590.230.4-0.49-0.010.460.750.840.630.780.980.48-0.440.07-0.250.550.930.510.350.720.620.870.5
0.850.070.870.78-0.1-0.830.430.850.990.890.880.780.880.8-0.70.49-0.260.890.850.480.730.860.90.870.89
0.64-0.070.710.410.27-0.620.120.60.860.90.760.980.880.6-0.530.19-0.270.670.950.550.480.80.740.920.64
0.990.030.980.78-0.28-0.960.510.840.810.860.770.480.80.6-0.930.520.160.760.710.210.840.650.790.610.92
-0.910.17-0.87-0.650.270.84-0.48-0.71-0.7-0.8-0.63-0.44-0.7-0.53-0.93-0.52-0.35-0.73-0.640.04-0.75-0.52-0.7-0.5-0.82
0.54-0.390.430.73-0.87-0.420.980.350.560.260.510.070.490.190.52-0.520.00.80.09-0.020.740.030.770.020.58
0.08-0.250.03-0.16-0.09-0.020.0-0.13-0.26-0.04-0.18-0.25-0.26-0.270.16-0.350.0-0.11-0.13-0.38-0.01-0.29-0.17-0.3-0.07
0.81-0.150.760.85-0.47-0.730.750.720.920.70.830.550.890.670.76-0.730.8-0.110.590.280.820.570.960.580.85
0.730.040.810.40.34-0.740.020.680.810.940.710.930.850.950.71-0.640.09-0.130.590.530.470.840.660.930.67
0.260.440.340.270.25-0.36-0.060.370.470.340.460.510.480.550.210.04-0.02-0.380.280.530.00.560.350.60.24
0.85-0.210.80.82-0.56-0.760.760.70.770.70.80.350.730.480.84-0.750.74-0.010.820.470.00.440.870.410.91
0.710.480.790.60.28-0.78-0.020.880.810.820.720.720.860.80.65-0.520.03-0.290.570.840.560.440.580.960.74
0.83-0.20.80.83-0.44-0.750.740.690.940.770.910.620.90.740.79-0.70.77-0.170.960.660.350.870.580.610.87
0.660.280.750.470.38-0.71-0.050.760.820.860.720.870.870.920.61-0.50.02-0.30.580.930.60.410.960.610.67
0.960.110.940.9-0.34-0.930.580.920.90.840.880.50.890.640.92-0.820.58-0.070.850.670.240.910.740.870.67
Click cells to compare fundamentals

Avita Medical Account Relationship Matchups

Avita Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab455.5K(1.4M)(957K)6.9M338K321.1K
Total Current Liabilities4.4M11.2M7.7M15.7M13.2M13.9M
Retained Earnings(128.7M)(282.4M)(194.9M)(385.7M)(298.0M)(283.1M)
Net Receivables2.1M3.5M2.4M5.2M7.7M8.0M
Other Stockholder Equity29.8M375.5M259.2M499.2M574.0M602.7M
Total Current Assets24.2M113.6M78.4M128.5M104.0M109.2M
Inventory740.8K1.6M1.1M3.1M5.6M5.9M
Other Current Assets1.1M1.7M990K3.6M4.2M4.4M
Accounts Payable3.9M6.3M4.3M4.4M3.8M4.0M
Other Liab471K435K1.6M2.5M2.9M3.0M
Net Tangible Assets20.6M72.0M115.2M84.3M96.9M51.6M
Property Plant Equipment1.3M3.7M2.9M2.1M2.4M1.7M

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When determining whether Avita Medical is a strong investment it is important to analyze Avita Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avita Medical's future performance. For an informed investment choice regarding Avita Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Avita Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Avita Stock please use our How to buy in Avita Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avita Medical. If investors know Avita will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avita Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.23)
Revenue Per Share
2.335
Quarterly Revenue Growth
0.432
Return On Assets
(0.45)
Return On Equity
(1.52)
The market value of Avita Medical is measured differently than its book value, which is the value of Avita that is recorded on the company's balance sheet. Investors also form their own opinion of Avita Medical's value that differs from its market value or its book value, called intrinsic value, which is Avita Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avita Medical's market value can be influenced by many factors that don't directly affect Avita Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avita Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avita Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avita Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.