PKU Net Income From Continuing Ops vs Income Tax Expense Analysis

000788 Stock   6.60  0.03  0.45%   
PKU HealthCare financial indicator trend analysis is much more than just breaking down PKU HealthCare Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PKU HealthCare Corp is a good investment. Please check the relationship between PKU HealthCare Net Income From Continuing Ops and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PKU HealthCare Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Income From Continuing Ops vs Income Tax Expense

Net Income From Continuing Ops vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PKU HealthCare Corp Net Income From Continuing Ops account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PKU HealthCare's Net Income From Continuing Ops and Income Tax Expense is -0.16. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of PKU HealthCare Corp, assuming nothing else is changed. The correlation between historical values of PKU HealthCare's Net Income From Continuing Ops and Income Tax 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 Net Income From Continuing Ops of PKU HealthCare Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income From Continuing Ops i.e., PKU HealthCare's Net Income From Continuing Ops and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Income Tax Expense

Most indicators from PKU HealthCare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PKU HealthCare Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in PKU HealthCare Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 11, 2024, Selling General Administrative is expected to decline to about 317.8 M. In addition to that, Tax Provision is expected to decline to about 19.4 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.3B1.3B1.5B1.1B
Total Revenue2.2B2.1B2.2B1.5B

PKU HealthCare fundamental ratios Correlations

0.760.970.330.430.940.550.160.45-0.010.860.40.960.370.510.81-0.240.12-0.280.49-0.240.43-0.150.53-0.49-0.14
0.760.720.250.60.630.190.290.120.00.670.190.730.520.250.66-0.05-0.02-0.320.28-0.090.270.10.42-0.45-0.01
0.970.720.160.480.910.610.060.32-0.090.850.540.980.340.350.78-0.33-0.02-0.390.59-0.340.54-0.20.6-0.56-0.25
0.330.250.16-0.260.270.430.780.780.80.0-0.20.060.290.92-0.150.660.570.46-0.530.46-0.530.33-0.380.340.44
0.430.60.48-0.260.23-0.15-0.01-0.28-0.250.50.140.530.46-0.310.53-0.11-0.46-0.150.4-0.090.32-0.130.44-0.420.01
0.940.630.910.270.230.510.050.46-0.120.90.50.910.250.550.81-0.40.25-0.370.52-0.410.51-0.20.49-0.42-0.3
0.550.190.610.43-0.150.510.160.480.390.230.50.47-0.030.520.090.020.23-0.170.2-0.130.190.010.25-0.25-0.11
0.160.290.060.78-0.010.050.160.550.78-0.12-0.29-0.050.620.58-0.280.80.310.59-0.650.72-0.690.43-0.50.380.49
0.450.120.320.78-0.280.460.480.550.480.260.010.250.330.850.020.390.620.41-0.390.27-0.41-0.02-0.420.40.3
-0.010.0-0.090.8-0.25-0.120.390.780.48-0.38-0.21-0.240.20.58-0.520.780.310.47-0.660.59-0.650.57-0.470.390.43
0.860.670.850.00.50.90.23-0.120.26-0.380.540.910.290.270.9-0.520.06-0.450.59-0.540.59-0.350.49-0.4-0.38
0.40.190.54-0.20.140.50.5-0.290.01-0.210.540.49-0.070.040.31-0.530.02-0.610.53-0.70.66-0.330.35-0.2-0.56
0.960.730.980.060.530.910.47-0.050.25-0.240.910.490.310.280.89-0.44-0.04-0.430.67-0.390.61-0.250.66-0.62-0.27
0.370.520.340.290.460.25-0.030.620.330.20.29-0.070.310.180.140.450.180.47-0.170.38-0.29-0.13-0.10.060.56
0.510.250.350.92-0.310.550.520.580.850.580.270.040.280.180.110.330.670.25-0.270.19-0.260.16-0.210.220.18
0.810.660.78-0.150.530.810.09-0.280.02-0.520.90.310.890.140.11-0.63-0.12-0.510.75-0.480.7-0.290.71-0.65-0.37
-0.24-0.05-0.330.66-0.11-0.40.020.80.390.78-0.52-0.53-0.440.450.33-0.630.170.82-0.820.78-0.890.31-0.650.560.79
0.12-0.02-0.020.57-0.460.250.230.310.620.310.060.02-0.040.180.67-0.120.170.24-0.270.19-0.260.09-0.250.240.18
-0.28-0.32-0.390.46-0.15-0.37-0.170.590.410.47-0.45-0.61-0.430.470.25-0.510.820.24-0.660.71-0.81-0.06-0.60.550.82
0.490.280.59-0.530.40.520.2-0.65-0.39-0.660.590.530.67-0.17-0.270.75-0.82-0.27-0.66-0.670.94-0.450.93-0.83-0.51
-0.24-0.09-0.340.46-0.09-0.41-0.130.720.270.59-0.54-0.7-0.390.380.19-0.480.780.190.71-0.67-0.780.51-0.490.310.63
0.430.270.54-0.530.320.510.19-0.69-0.41-0.650.590.660.61-0.29-0.260.7-0.89-0.26-0.810.94-0.78-0.350.84-0.69-0.63
-0.150.1-0.20.33-0.13-0.20.010.43-0.020.57-0.35-0.33-0.25-0.130.16-0.290.310.09-0.06-0.450.51-0.35-0.220.1-0.07
0.530.420.6-0.380.440.490.25-0.5-0.42-0.470.490.350.66-0.1-0.210.71-0.65-0.25-0.60.93-0.490.84-0.22-0.94-0.37
-0.49-0.45-0.560.34-0.42-0.42-0.250.380.40.39-0.4-0.2-0.620.060.22-0.650.560.240.55-0.830.31-0.690.1-0.940.35
-0.14-0.01-0.250.440.01-0.3-0.110.490.30.43-0.38-0.56-0.270.560.18-0.370.790.180.82-0.510.63-0.63-0.07-0.370.35
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PKU HealthCare Account Relationship Matchups

PKU HealthCare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.3B2.5B2.6B2.4B2.2B
Other Current Liab154.2M277.3M320.9M519.8M1.7M1.6M
Total Current Liabilities1.2B996.5M1.1B1.2B968.1M1.1B
Total Stockholder Equity1.3B1.3B1.3B1.4B1.4B882.7M
Other Liab15.2M18.2M43.5M24.9M22.4M26.7M
Accounts Payable553.6M419.2M460.7M490.9M529.9M458.9M
Cash668.9M477.0M446.3M633.5M457.3M420.0M
Other Assets83.8M115.2M95.8M83.9M96.5M53.3M
Net Receivables1.4B1.2B1.6B1.2B1.2B742.0M
Inventory165.7M114.6M125.6M172.2M184.2M229.7M
Other Current Assets20.2M19.5M20.5M21.2M24.4M36.8M
Total Liab1.2B1.0B1.2B1.3B1.0B1.3B
Intangible Assets41.5M82.2M111.9M132.5M128.8M135.2M
Property Plant Equipment161.3M140.3M208.6M212.2M191.0M181.4M
Retained Earnings462.7M501.8M545.0M587.3M570.5M430.2M
Net Tangible Assets1.2B1.3B1.3B1.3B1.5B1.3B
Deferred Long Term Liab34.4M53.0M45.5M30.4M35.0M32.5M
Short Long Term Debt313.4M255.3M265.5M127.3M35.1M33.3M
Total Current Assets2.2B2.0B2.2B2.2B2.1B1.7B
Non Current Assets Total254.0M286.0M371.1M398.2M385.4M333.4M
Non Currrent Assets Other21.7M35.0M29.8M31.8M53.5M43.5M
Non Current Liabilities Total15.2M18.2M110.5M67.4M48.8M36.4M
Net Invested Capital1.6B1.6B1.6B1.5B1.5B1.6B
Net Working Capital1.0B1.0B1.1B1.0B1.1B1.1B

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Other Information on Investing in PKU Stock

Balance Sheet is a snapshot of the financial position of PKU HealthCare Corp at a specified time, usually calculated after every quarter, six months, or one year. PKU HealthCare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PKU HealthCare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PKU currently owns. An asset can also be divided into two categories, current and non-current.