Rezolute Research Development vs Income Before Tax Analysis
RZLT Stock | USD 4.99 0.20 4.18% |
Rezolute financial indicator trend analysis is much more than just breaking down Rezolute prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rezolute is a good investment. Please check the relationship between Rezolute Research Development and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rezolute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Rezolute Stock please use our How to Invest in Rezolute guide.
Research Development vs Income Before Tax
Research Development vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rezolute Research Development account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Rezolute's Research Development and Income Before Tax is -0.99. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Rezolute, assuming nothing else is changed. The correlation between historical values of Rezolute's Research Development 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 Research Development of Rezolute 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 Research Development i.e., Rezolute's Research Development and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Research Development
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Rezolute income statement and is an important metric when analyzing Rezolute 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 Rezolute's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rezolute 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 Rezolute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Rezolute Stock please use our How to Invest in Rezolute guide.At this time, Rezolute's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 145.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 186.2 K in 2024.
Rezolute fundamental ratios Correlations
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Rezolute Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rezolute fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.0M | 42.6M | 152.4M | 123.7M | 132.7M | 139.4M | |
Total Current Liabilities | 3.2M | 2.0M | 2.5M | 5.2M | 9.6M | 10.1M | |
Total Stockholder Equity | 7.4M | 26.1M | 149.5M | 116.2M | 121.0M | 127.1M | |
Net Debt | (9.5M) | (26.6M) | (150.2M) | (13.6M) | (68.2M) | (64.8M) | |
Retained Earnings | (147.2M) | (168.1M) | (209.2M) | (261.0M) | (329.4M) | (313.0M) | |
Accounts Payable | 893K | 1.0M | 1.1M | 3.3M | 4.9M | 5.1M | |
Cash | 10.0M | 41.0M | 150.4M | 16.0M | 70.4M | 73.9M | |
Cash And Short Term Investments | 10.0M | 41.0M | 150.4M | 101.9M | 126.9M | 133.2M | |
Common Stock Shares Outstanding | 5.8M | 7.7M | 19.5M | 51.2M | 51.5M | 54.0M | |
Liabilities And Stockholders Equity | 11.0M | 42.6M | 152.4M | 123.7M | 132.7M | 139.4M | |
Non Current Liabilities Total | 374K | 14.5M | 487K | 2.3M | 2.1M | 2.3M | |
Other Stockholder Equity | 154.6M | 194.2M | 358.6M | 377.5M | 450.5M | 473.0M | |
Total Liab | 3.6M | 16.5M | 2.9M | 7.5M | 11.7M | 6.1M | |
Total Current Assets | 10.5M | 42.0M | 152.1M | 104.9M | 128.7M | 135.1M | |
Common Stock | 6K | 8K | 34K | 37K | 53K | 49.2K | |
Short Long Term Debt Total | 410K | 14.4M | 515K | 2.5M | 2.2M | 2.5M | |
Other Current Liab | 2.1M | 403K | 1.2M | 1.4M | 4.1M | 4.3M | |
Property Plant And Equipment Net | 416K | 425K | 168K | 2.2M | 2.0M | 1.5M | |
Non Current Assets Total | 447K | 616K | 316K | 18.8M | 4.1M | 4.0M | |
Non Currrent Assets Other | 35K | 31K | 191K | 148K | 1.8M | 1.9M | |
Other Current Assets | 563K | 1.9M | 1.7M | 3.0M | 1.8M | 1.0M | |
Property Plant And Equipment Gross | 416K | 425K | 208K | 2.3M | 2.1M | 1.5M | |
Short Term Debt | 245K | 530K | 108K | 541K | 568K | 631.7K | |
Property Plant Equipment | 416K | 425K | 16K | 2.2M | 2.0M | 1.4M | |
Other Liab | 209K | 387K | 407K | 412K | 473.8K | 549.6K | |
Net Tangible Assets | 7.4M | 26.1M | 149.5M | 116.2M | 133.6M | 140.3M | |
Other Assets | 31K | 191K | 0.0 | 148K | 1.0 | 0.95 | |
Accumulated Other Comprehensive Income | (3K) | (14M) | 0.0 | (351K) | (79K) | (83.0K) | |
Net Invested Capital | 7.4M | 40.1M | 149.5M | 116.2M | 121.0M | 61.0M | |
Net Working Capital | 7.3M | 40.0M | 149.6M | 99.7M | 119.0M | 125.0M |
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Additional Tools for Rezolute Stock Analysis
When running Rezolute's price analysis, check to measure Rezolute's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rezolute is operating at the current time. Most of Rezolute's value examination focuses on studying past and present price action to predict the probability of Rezolute's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rezolute's price. Additionally, you may evaluate how the addition of Rezolute to your portfolios can decrease your overall portfolio volatility.