RSYSTEMS Gross Profit vs Income Before Tax Analysis

RSYSTEMS   470.15  0.25  0.05%   
R Systems financial indicator trend analysis is much more than just breaking down R Systems International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether R Systems International is a good investment. Please check the relationship between R Systems Gross Profit and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in R Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of R Systems International Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between R Systems' Gross Profit and Income Before Tax is 0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of R Systems International, assuming nothing else is changed. The correlation between historical values of R Systems' Gross Profit and Income Before Tax 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 of R Systems International are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., R Systems' Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of R Systems International minus its cost of goods sold. It is profit before R Systems 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on R Systems income statement and is an important metric when analyzing R Systems International 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.
Most indicators from R Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into R Systems International 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 R Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of the 28th of November 2024, Tax Provision is likely to grow to about 629.1 M, while Selling General Administrative is likely to drop about 1.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense49.1M49.0M89.5M94.0M
Depreciation And Amortization275.5M348.3M542.6M569.7M

R Systems fundamental ratios Correlations

0.970.890.980.740.650.440.530.940.390.490.71-0.950.920.51-0.60.990.71-0.950.87-0.370.760.260.840.44-0.15
0.970.870.930.750.760.430.570.90.430.540.7-0.890.960.44-0.60.970.72-0.880.82-0.410.780.40.770.48-0.23
0.890.870.950.50.530.640.250.920.120.210.59-0.830.760.44-0.570.930.48-0.830.91-0.210.520.090.870.18-0.17
0.980.930.950.640.560.50.430.960.240.360.66-0.940.850.55-0.570.990.61-0.940.92-0.250.650.180.890.29-0.18
0.740.750.50.640.86-0.050.810.540.730.810.93-0.660.840.25-0.570.720.98-0.630.4-0.410.980.360.360.72-0.02
0.650.760.530.560.860.070.710.460.660.750.85-0.480.850.11-0.620.650.86-0.460.33-0.380.870.360.260.67-0.14
0.440.430.640.5-0.050.07-0.490.67-0.41-0.470.03-0.360.230.26-0.10.44-0.16-0.40.75-0.01-0.02-0.170.76-0.37-0.1
0.530.570.250.430.810.71-0.490.240.790.950.7-0.490.710.17-0.490.520.88-0.450.09-0.380.80.550.040.8-0.13
0.940.90.920.960.540.460.670.240.080.170.53-0.890.770.56-0.440.940.46-0.90.98-0.20.550.120.970.14-0.21
0.390.430.120.240.730.66-0.410.790.080.940.6-0.350.63-0.14-0.550.360.8-0.31-0.08-0.660.770.54-0.140.990.27
0.490.540.210.360.810.75-0.470.950.170.940.69-0.450.720.03-0.560.470.89-0.410.01-0.560.830.58-0.050.940.05
0.710.70.590.660.930.850.030.70.530.60.69-0.620.780.28-0.60.710.92-0.590.41-0.230.890.10.360.6-0.07
-0.95-0.89-0.83-0.94-0.66-0.48-0.36-0.49-0.89-0.35-0.45-0.62-0.84-0.580.57-0.94-0.640.99-0.830.39-0.67-0.24-0.8-0.40.06
0.920.960.760.850.840.850.230.710.770.630.720.78-0.840.32-0.630.920.84-0.830.65-0.480.870.450.60.68-0.12
0.510.440.440.550.250.110.260.170.56-0.140.030.28-0.580.32-0.160.50.21-0.590.61-0.040.23-0.050.6-0.1-0.2
-0.6-0.6-0.57-0.57-0.57-0.62-0.1-0.49-0.44-0.55-0.56-0.60.57-0.63-0.16-0.6-0.640.56-0.420.65-0.63-0.19-0.3-0.57-0.22
0.990.970.930.990.720.650.440.520.940.360.470.71-0.940.920.5-0.60.69-0.940.87-0.330.730.260.840.41-0.17
0.710.720.480.610.980.86-0.160.880.460.80.890.92-0.640.840.21-0.640.69-0.60.32-0.460.970.410.260.790.02
-0.95-0.88-0.83-0.94-0.63-0.46-0.4-0.45-0.9-0.31-0.41-0.590.99-0.83-0.590.56-0.94-0.6-0.860.39-0.65-0.21-0.82-0.370.05
0.870.820.910.920.40.330.750.090.98-0.080.010.41-0.830.650.61-0.420.870.32-0.86-0.180.410.060.99-0.02-0.21
-0.37-0.41-0.21-0.25-0.41-0.38-0.01-0.38-0.2-0.66-0.56-0.230.39-0.48-0.040.65-0.33-0.460.39-0.18-0.53-0.51-0.08-0.67-0.36
0.760.780.520.650.980.87-0.020.80.550.770.830.89-0.670.870.23-0.630.730.97-0.650.41-0.530.380.360.770.04
0.260.40.090.180.360.36-0.170.550.120.540.580.1-0.240.45-0.05-0.190.260.41-0.210.06-0.510.380.020.55-0.07
0.840.770.870.890.360.260.760.040.97-0.14-0.050.36-0.80.60.6-0.30.840.26-0.820.99-0.080.360.02-0.09-0.22
0.440.480.180.290.720.67-0.370.80.140.990.940.6-0.40.68-0.1-0.570.410.79-0.37-0.02-0.670.770.55-0.090.24
-0.15-0.23-0.17-0.18-0.02-0.14-0.1-0.13-0.210.270.05-0.070.06-0.12-0.2-0.22-0.170.020.05-0.21-0.360.04-0.07-0.220.24
Click cells to compare fundamentals

R Systems Account Relationship Matchups

R Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.5B6.9B8.3B13.1B13.8B
Short Long Term Debt Total62.1M718.3M577.3M771.2M1.3B1.4B
Other Current Liab582.1M576.5M735.7M1.1B2.2B2.3B
Total Current Liabilities1.2B1.5B1.6B2.0B3.7B3.9B
Total Stockholder Equity3.4B4.3B4.6B5.5B6.1B3.3B
Property Plant And Equipment Net455.6M942.3M1.1B1.4B1.2B650.6M
Net Debt(1.0B)(1.4B)(1.5B)(1.3B)(261.7M)(274.8M)
Cash1.1B2.1B2.0B2.1B1.6B1.4B
Non Current Assets Total1.0B1.4B1.6B2.0B6.9B7.2B
Non Currrent Assets Other940.3M1.3B829.0M1.5B434.2M450.3M
Cash And Short Term Investments1.8B3.2B2.7B3.4B1.9B1.7B
Net Receivables1.6B1.5B2.3B3.3B3.2B1.7B
Common Stock Shares Outstanding120.6M119.6M119.3M118.3M106.5M100.1M
Liabilities And Stockholders Equity4.9B6.5B6.9B8.3B13.1B13.8B
Non Current Liabilities Total307.8M730.6M684.7M896.1M942.1M989.2M
Other Current Assets225.4M257.2M310.7M357.8M1.2B1.3B
Other Stockholder Equity44.4M542.1M309.4M30K1.00.95
Total Liab1.5B2.2B2.3B2.9B4.6B4.9B
Total Current Assets3.9B5.1B5.4B6.3B6.3B3.6B
Accumulated Other Comprehensive Income421.4M495.4M309.4M540.0M609.1M639.5M
Common Stock123.3M119.6M119.6M118.3M106.5M99.0M
Intangible Assets66.6M49.1M39.2M31.4M2.2B2.3B
Accounts Payable253.4M216.5M360.8M355.9M370.8M309.4M
Retained Earnings2.8B3.6B4.2B4.8B5.4B2.7B
Long Term Debt8.1M83.6M6.5M13.2M16.9M15.9M
Good Will195.9M97.2M97.5M108.6M2.8B3.0B
Short Term Investments740.7M1.1B686.2M1.3B249.4M449.2M
Short Long Term Debt5.1M146.6M4.2M7.2M562.2M590.4M
Short Term Debt9M209.4M90.0M91.9M663.7M696.9M
Current Deferred Revenue975.4M1.1B1.2B398.6M312.6M586.8M
Other Liab254.7M221.6M197.4M216.7M249.2M193.3M
Net Tangible Assets3.1B4.1B4.5B5.3B6.1B3.7B
Other Assets240.3M298.6M298.1M328.8M378.1M270.4M
Long Term Debt Total53.1M83.6M6.5M679.3M781.2M820.3M
Property Plant Equipment477.5M962.7M1.1B1.4B1.6B1.7B
Capital Lease Obligations48.9M488.2M566.7M750.8M732.6M769.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in RSYSTEMS Stock

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