Waterdrop Gross Profit vs Income Before Tax Analysis
WDH Stock | USD 1.11 0.02 1.83% |
Waterdrop ADR financial indicator trend analysis is more than just analyzing Waterdrop ADR current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waterdrop ADR is a good investment. Please check the relationship between Waterdrop ADR Gross Profit and its Income Before Tax accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waterdrop ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Waterdrop Stock please use our How to Invest in Waterdrop ADR guide.
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 Waterdrop ADR Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Waterdrop ADR's Gross Profit and Income Before Tax is -0.28. 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 Waterdrop ADR, assuming nothing else is changed. The correlation between historical values of Waterdrop ADR's 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 Waterdrop ADR 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., Waterdrop ADR's Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Waterdrop ADR minus its cost of goods sold. It is profit before Waterdrop ADR 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 Waterdrop ADR income statement and is an important metric when analyzing Waterdrop ADR 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 Waterdrop ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waterdrop ADR 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waterdrop ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Waterdrop Stock please use our How to Invest in Waterdrop ADR guide.As of now, Waterdrop ADR's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Waterdrop ADR's current Enterprise Value Over EBITDA is estimated to increase to 444.94, while Tax Provision is forecasted to increase to (13.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 58.0M | 81.7M | 129.1M | 135.5M | Net Interest Income | 48.7M | 81.7M | 129.1M | 135.5M |
Waterdrop ADR fundamental ratios Correlations
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Waterdrop ADR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Waterdrop ADR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 4.7B | 5.3B | 5.9B | 6.1B | 4.6B | |
Short Long Term Debt Total | 43.3M | 64.3M | 58.6M | 14.1M | 197.8M | 207.6M | |
Other Current Liab | 469.4M | 613.9M | 497.2M | 572.4M | 1.2B | 640.1M | |
Total Current Liabilities | 874.5M | 1.3B | 1.2B | 1.1B | 1.4B | 1.2B | |
Total Stockholder Equity | 1.5B | 3.2B | 4.0B | 4.8B | 4.6B | 3.4B | |
Other Liab | 167.6M | 225.7M | 13.6M | 29.7M | 26.7M | 25.4M | |
Net Tangible Assets | (724.6M) | (1.7B) | 3.9B | 4.7B | 5.4B | 5.7B | |
Retained Earnings | (733.6M) | (1.7B) | (3.3B) | (2.7B) | (2.6B) | (2.7B) | |
Accounts Payable | 320.2M | 607.3M | 685.0M | 516.7M | 9.5M | 9.0M | |
Cash | 964.5M | 1.1B | 817.7M | 1.6B | 396.9M | 377.1M | |
Cash And Short Term Investments | 1.0B | 2.3B | 2.8B | 3.7B | 3.4B | 2.5B | |
Net Receivables | 1.0B | 1.8B | 1.3B | 1.1B | 1.3B | 1.3B | |
Short Term Investments | 60.3M | 1.2B | 2.0B | 2.1B | 3.0B | 1.5B | |
Liabilities And Stockholders Equity | 2.6B | 4.7B | 5.3B | 5.9B | 6.1B | 4.6B | |
Other Current Assets | 6.8M | 18.4M | 1.0B | 860.2M | 767.0M | 528.8M | |
Other Stockholder Equity | 2.2B | 4.9B | 7.3B | 7.4B | 7.0B | 5.3B | |
Total Liab | 1.1B | 1.5B | 1.3B | 1.2B | 1.5B | 1.3B | |
Total Current Assets | 2.5B | 4.5B | 5.0B | 5.7B | 5.4B | 4.4B | |
Cash And Equivalents | 964.5M | 1.1B | 817.7M | 1.6B | 1.8B | 1.0B | |
Short Term Debt | 31.0M | 36.6M | 44.1M | 9.4M | 170.5M | 179.0M | |
Intangible Assets | 16.9M | 53.0M | 56.8M | 56.6M | 177.4M | 186.3M | |
Property Plant Equipment | 71.1M | 89.4M | 103.8M | 49.8M | 57.3M | 70.8M |
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When determining whether Waterdrop ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waterdrop ADR's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waterdrop Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waterdrop Adr Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waterdrop ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in Waterdrop Stock please use our How to Invest in Waterdrop ADR guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Property & Casualty Insurance 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 Waterdrop ADR. If investors know Waterdrop 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 Waterdrop ADR 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 2.499 | Earnings Share 0.1 | Revenue Per Share 7.383 | Quarterly Revenue Growth (0) | Return On Assets 0.0129 |
The market value of Waterdrop ADR is measured differently than its book value, which is the value of Waterdrop that is recorded on the company's balance sheet. Investors also form their own opinion of Waterdrop ADR's value that differs from its market value or its book value, called intrinsic value, which is Waterdrop ADR'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 Waterdrop ADR's market value can be influenced by many factors that don't directly affect Waterdrop ADR'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 Waterdrop ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waterdrop ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waterdrop ADR'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.