| SNGX Stock | | | USD 2.39 0.07 2.85% |
Soligenix financial indicator trend analysis is much more than just breaking down Soligenix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soligenix is a good investment. Please check the relationship between Soligenix Operating Income and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Soligenix Stock please use our
How to Invest in Soligenix guide.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Soligenix Operating Income account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Soligenix's Operating Income and Net Income is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Soligenix, assuming nothing else is changed. The correlation between historical values of Soligenix's Operating Income and Net 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 Operating Income of Soligenix are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Soligenix's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Soligenix 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 Soligenix 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Soligenix financial statement analysis. It represents the amount of money remaining after all of Soligenix operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Soligenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soligenix 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Soligenix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
For more information on how to buy Soligenix Stock please use our
How to Invest in Soligenix guide.
Selling General Administrative is likely to drop to about 3.8
M in 2025.
Tax Provision is likely to drop to about (1.1
M) in 2025
Soligenix fundamental ratios Correlations
Click cells to compare fundamentals
Soligenix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Soligenix fundamental ratios Accounts
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Additional Tools for Soligenix Stock Analysis
When running Soligenix's price analysis, check to
measure Soligenix'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 Soligenix is operating at the current time. Most of Soligenix's value examination focuses on studying past and present price action to
predict the probability of Soligenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soligenix's price. Additionally, you may evaluate how the addition of Soligenix to your portfolios can decrease your overall portfolio volatility.