TOIIW Stock | | | USD 0.02 0 26.85% |
Oncology Institute financial indicator trend analysis is much more than just breaking down The Oncology Institute prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Oncology Institute is a good investment. Please check the relationship between Oncology Institute Gross Profit and its Interest Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in The Oncology Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Oncology Stock please use our
How to Invest in Oncology Institute guide.
Gross Profit vs Interest Expense
Gross Profit vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
The Oncology Institute Gross Profit account and
Interest Expense. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oncology Institute's Gross Profit and Interest Expense is 0.87. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of The Oncology Institute, assuming nothing else is changed. The correlation between historical values of Oncology Institute's Gross Profit and Interest Expense 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 The Oncology Institute are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Gross Profit i.e., Oncology Institute's Gross Profit and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of The Oncology Institute minus its cost of goods sold. It is profit before Oncology Institute 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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Oncology Institute's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Oncology Institute 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 The Oncology Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Oncology Stock please use our
How to Invest in Oncology Institute guide.
Tax Provision is likely to climb to about (84.5
K) in 2024.
Selling General Administrative is likely to drop to about 67.6
M in 2024
Oncology Institute fundamental ratios Correlations
Click cells to compare fundamentals
Oncology Institute Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oncology Institute fundamental ratios Accounts
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Additional Tools for Oncology Stock Analysis
When running Oncology Institute's price analysis, check to
measure Oncology Institute'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 Oncology Institute is operating at the current time. Most of Oncology Institute's value examination focuses on studying past and present price action to
predict the probability of Oncology Institute's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oncology Institute's price. Additionally, you may evaluate how the addition of Oncology Institute to your portfolios can decrease your overall portfolio volatility.