Radcom Income Tax Expense vs Operating Income Analysis

RDCM Stock  USD 11.62  0.16  1.36%   
Radcom financial indicator trend analysis is much more than just breaking down Radcom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radcom is a good investment. Please check the relationship between Radcom Income Tax Expense and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Radcom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Radcom Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Radcom's Income Tax Expense and Operating Income is 0.9. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Radcom, assuming nothing else is changed. The correlation between historical values of Radcom's Income Tax Expense and Operating 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 Income Tax Expense of Radcom are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Radcom's Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Radcom operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Radcom is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Radcom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radcom 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 Radcom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.At this time, Radcom's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 7,378, while Selling General Administrative is likely to drop about 3.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit28.9M33.3M37.8M19.3M
Total Revenue40.3M46.1M51.6M27.3M

Radcom fundamental ratios Correlations

0.730.10.620.680.720.42-0.29-0.730.450.310.750.640.730.580.590.69-0.690.450.970.780.73-0.050.870.850.6
0.73-0.060.850.690.990.64-0.25-0.490.30.30.740.150.990.620.870.5-0.780.310.850.721.00.40.90.890.8
0.1-0.06-0.33-0.40.010.09-0.510.19-0.340.51-0.060.03-0.050.23-0.320.04-0.29-0.20.03-0.31-0.05-0.420.010.00.06
0.620.85-0.330.820.80.450.06-0.630.36-0.020.680.140.870.270.910.43-0.680.370.70.810.840.550.820.810.71
0.680.69-0.40.820.630.470.15-0.530.55-0.110.740.180.710.220.790.47-0.440.450.760.960.680.270.640.610.57
0.720.990.010.80.630.64-0.33-0.430.240.380.70.140.980.680.820.45-0.80.270.840.651.00.370.880.870.78
0.420.640.090.450.470.640.09-0.040.090.00.85-0.140.650.260.660.67-0.450.070.540.60.620.040.420.410.85
-0.29-0.25-0.510.060.15-0.330.09-0.050.09-1.00.14-0.06-0.26-0.520.250.240.470.13-0.280.2-0.290.16-0.27-0.270.01
-0.73-0.490.19-0.63-0.53-0.43-0.04-0.05-0.60.06-0.48-0.7-0.49-0.17-0.54-0.630.42-0.51-0.63-0.63-0.48-0.17-0.79-0.78-0.37
0.450.3-0.340.360.550.240.090.09-0.6-0.090.350.330.31-0.030.370.4-0.070.530.410.570.290.150.440.430.13
0.310.30.51-0.02-0.110.380.0-1.00.06-0.09-0.080.030.310.54-0.2-0.18-0.5-0.150.32-0.150.33-0.150.30.30.07
0.750.74-0.060.680.740.70.850.14-0.480.35-0.080.310.740.30.80.86-0.570.320.80.880.710.120.690.670.87
0.640.150.030.140.180.14-0.14-0.06-0.70.330.030.310.140.210.130.49-0.260.260.490.310.15-0.040.480.50.14
0.730.99-0.050.870.710.980.65-0.26-0.490.310.310.740.140.560.870.48-0.810.320.840.730.990.410.90.890.81
0.580.620.230.270.220.680.26-0.52-0.17-0.030.540.30.210.560.30.2-0.450.080.660.250.65-0.040.560.560.31
0.590.87-0.320.910.790.820.660.25-0.540.37-0.20.80.130.870.30.59-0.580.410.70.830.850.50.770.760.79
0.690.50.040.430.470.450.670.24-0.630.4-0.180.860.490.480.20.59-0.350.310.650.70.46-0.110.60.590.71
-0.69-0.78-0.29-0.68-0.44-0.8-0.450.470.42-0.07-0.5-0.57-0.26-0.81-0.45-0.58-0.35-0.17-0.72-0.47-0.78-0.18-0.81-0.8-0.7
0.450.31-0.20.370.450.270.070.13-0.510.53-0.150.320.260.320.080.410.31-0.170.420.460.310.140.40.37-0.03
0.970.850.030.70.760.840.54-0.28-0.630.410.320.80.490.840.660.70.65-0.720.420.820.850.050.890.870.68
0.780.72-0.310.810.960.650.60.2-0.630.57-0.150.880.310.730.250.830.7-0.470.460.820.70.180.710.680.69
0.731.0-0.050.840.681.00.62-0.29-0.480.290.330.710.150.990.650.850.46-0.780.310.850.70.40.90.890.77
-0.050.4-0.420.550.270.370.040.16-0.170.15-0.150.12-0.040.41-0.040.5-0.11-0.180.140.050.180.40.290.320.23
0.870.90.010.820.640.880.42-0.27-0.790.440.30.690.480.90.560.770.6-0.810.40.890.710.90.291.00.7
0.850.890.00.810.610.870.41-0.27-0.780.430.30.670.50.890.560.760.59-0.80.370.870.680.890.321.00.7
0.60.80.060.710.570.780.850.01-0.370.130.070.870.140.810.310.790.71-0.7-0.030.680.690.770.230.70.7
Click cells to compare fundamentals

Radcom Account Relationship Matchups

Radcom fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding13.8M13.9M14.1M14.5M15.3M7.9M
Total Assets96.4M93.6M91.7M101.0M107.5M112.9M
Other Current Liab8.2M11.8M9.9M16.8M14.9M15.7M
Total Current Liabilities12.7M14.9M16.2M22.8M20.1M10.6M
Total Stockholder Equity73.9M72.0M70.2M72.8M82.5M86.6M
Property Plant And Equipment Net7.5M4.3M3.1M3.5M2.4M2.2M
Net Debt29K(10.5M)(10.0M)(7.1M)(9.3M)(9.7M)
Retained Earnings(62.1M)(66.1M)(71.4M)(73.6M)(69.9M)(73.4M)
Accounts Payable2.5M1.6M2.7M2.7M2.6M2.2M
Cash6.2M13.5M11.9M9.5M10.9M12.1M
Non Current Assets Total13.2M10.3M8.2M9.5M10.1M5.4M
Non Currrent Assets Other3.4M3.8M3.8M2.1M4.7M2.4M
Cash And Short Term Investments69.3M69.0M70.6M77.7M82.2M86.3M
Net Receivables12.6M12.7M10.4M11.6M13.4M9.8M
Short Term Investments63.1M55.4M58.6M68.1M71.3M74.8M
Liabilities And Stockholders Equity96.4M93.6M91.7M101.0M107.5M112.9M
Non Current Liabilities Total9.8M6.7M5.3M5.4M4.9M4.0M
Inventory1.4M540K931K795K246K233.7K
Other Current Assets916K1.4M2.0M1.9M1.5M1.1M
Other Stockholder Equity138.0M140.1M143.5M148.6M154.7M87.3M
Total Liab22.5M21.6M21.5M28.2M25.0M14.5M
Total Current Assets83.2M83.4M83.5M91.5M97.4M102.3M
Accumulated Other Comprehensive Income(2.6M)(2.7M)(2.6M)(2.9M)(3.0M)(3.2M)
Common Stock648K657K669K706K736K772.8K
Common Stock Total Equity628K643K648K657K755.6K793.3K
Property Plant And Equipment Gross7.5M4.3M3.1M3.5M4.0M4.2M
Other Liab4.8M4.7M4.4M4.0M4.6M3.7M
Property Plant Equipment7.5M4.3M3.1M3.5M4.0M2.1M
Current Deferred Revenue828K3.1M2.7M7.0M1.5M1.7M
Other Assets5.7M6.0M5.1M6.1M1.00.95
Net Tangible Assets73.9M72.0M70.2M72.8M83.7M56.3M
Deferred Long Term Liab35K2.1M2.0M1.1M1.2M786.2K
Net Invested Capital73.9M72.0M70.2M72.8M65.5M59.2M
Net Working Capital70.5M68.5M67.2M68.7M61.8M56.9M

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When determining whether Radcom is a strong investment it is important to analyze Radcom'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 Radcom's future performance. For an informed investment choice regarding Radcom 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 Radcom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Communications Equipment 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 Radcom. If investors know Radcom 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 Radcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.187
Earnings Share
0.46
Revenue Per Share
3.652
Quarterly Revenue Growth
0.196
Return On Assets
0.0043
The market value of Radcom is measured differently than its book value, which is the value of Radcom that is recorded on the company's balance sheet. Investors also form their own opinion of Radcom's value that differs from its market value or its book value, called intrinsic value, which is Radcom'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 Radcom's market value can be influenced by many factors that don't directly affect Radcom'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 Radcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Radcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Radcom'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.