Harrow Health, Profitability Analysis

HROWM Stock   26.24  0.11  0.42%   
Based on the key profitability measurements obtained from Harrow Health,'s financial statements, Harrow Health, 11875 may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Harrow Health,'s ability to earn profits and add value for shareholders. At this time, Harrow Health,'s Days Sales Outstanding is very stable compared to the past year. As of the 26th of November 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.03, while EV To Sales is likely to drop 6.99. As of the 26th of November 2024, Net Income Per E B T is likely to grow to 1.08, while Net Loss is likely to drop (0.79).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.470.6955
Way Down
Slightly volatile
For Harrow Health, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harrow Health, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harrow Health, 11875 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harrow Health,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harrow Health, 11875 over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Is Pharmaceutical Products 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 Harrow Health,. If investors know Harrow 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 Harrow Health, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Harrow Health, 11875 is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health,'s value that differs from its market value or its book value, called intrinsic value, which is Harrow Health,'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 Harrow Health,'s market value can be influenced by many factors that don't directly affect Harrow Health,'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 Harrow Health,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow Health,'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.
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Symbol  HROWM
Name  Harrow Health, 11875
TypeStock
Country  
 United States
Exchange  NASDAQ

Indicator Description

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Harrow Health, Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Harrow Health,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harrow Health, will eventually generate negative long term returns. The profitability progress is the general direction of Harrow Health,'s change in net profit over the period of time. It can combine multiple indicators of Harrow Health,, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Loss(0.75)(0.79)
Income Quality(0.16)(0.15)
Net Income Per E B T 1.03  1.08 

Harrow Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Harrow Health,. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Harrow Health, position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Harrow Health,'s important profitability drivers and their relationship over time.

Harrow Health, Profitability Trends

Harrow Health, profitability trend refers to the progression of profit or loss within a business. An upward trend means that Harrow Health,'s profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Harrow Health,'s gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Use Harrow Health, in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Harrow Health, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Harrow Health, will appreciate offsetting losses from the drop in the long position's value.

Harrow Health, Pair Trading

Harrow Health, 11875 Pair Trading Analysis

The ability to find closely correlated positions to Harrow Health, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harrow Health, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Harrow Health, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Harrow Health, 11875 to buy it.
The correlation of Harrow Health, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harrow Health, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harrow Health, 11875 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Harrow Health, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Harrow Health, position

In addition to having Harrow Health, in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Utilities Thematic Idea Now

Utilities
Utilities Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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When determining whether Harrow Health, 11875 is a strong investment it is important to analyze Harrow Health,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harrow Health,'s future performance. For an informed investment choice regarding Harrow Stock, refer to the following important reports:
Check out Risk vs Return Analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
To fully project Harrow Health,'s future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harrow Health, 11875 at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Harrow Health,'s income statement, its balance sheet, and the statement of cash flows.
Potential Harrow Health, investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Harrow Health, investors may work on each financial statement separately, they are all related. The changes in Harrow Health,'s assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Harrow Health,'s income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.