Zota Income Before Tax vs Selling General Administrative Analysis
ZOTA Stock | 662.80 19.80 3.08% |
Zota Health financial indicator trend analysis is more than just analyzing Zota Health Care current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zota Health Care is a good investment. Please check the relationship between Zota Health Income Before Tax and its Selling General Administrative accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zota Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Income Before Tax vs Selling General Administrative
Income Before Tax vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zota Health Care Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Zota Health's Income Before Tax and Selling General Administrative is -0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Zota Health Care, assuming nothing else is changed. The correlation between historical values of Zota Health's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Zota Health Care are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Zota Health's Income Before Tax and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Zota Health income statement and is an important metric when analyzing Zota Health Care 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.Selling General Administrative
Most indicators from Zota Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zota Health Care 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 Zota Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Zota Health's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 273.9 M in 2024, despite the fact that Tax Provision is likely to grow to (17.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 141K | 25.6M | 47.9M | 50.3M | Depreciation And Amortization | 36.7M | 119.6M | 201.7M | 211.8M |
Zota Health fundamental ratios Correlations
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Zota Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Zota Health's price analysis, check to measure Zota Health'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 Zota Health is operating at the current time. Most of Zota Health's value examination focuses on studying past and present price action to predict the probability of Zota Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zota Health's price. Additionally, you may evaluate how the addition of Zota Health to your portfolios can decrease your overall portfolio volatility.