4Dmedical Income Before Tax vs Cost Of Revenue Analysis

4DX Stock   0.46  0.01  2.22%   
4Dmedical financial indicator trend analysis is way more than just evaluating 4Dmedical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 4Dmedical is a good investment. Please check the relationship between 4Dmedical Income Before Tax and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 4Dmedical. 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 Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 4Dmedical Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between 4Dmedical's Income Before Tax and Cost Of Revenue is -0.05. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of 4Dmedical, assuming nothing else is changed. The correlation between historical values of 4Dmedical's Income Before Tax and Cost Of Revenue 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 4Dmedical are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., 4Dmedical's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on 4Dmedical income statement and is an important metric when analyzing 4Dmedical 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.

Cost Of Revenue

Cost of Revenue is found on 4Dmedical income statement and represents the costs associated with goods and services 4Dmedical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from 4Dmedical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 4Dmedical 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 4Dmedical. 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, 4Dmedical's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 47 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue1.1M282.2K3.8M3.9M
Depreciation And Amortization1.5M2.6M4.1M4.3M

4Dmedical fundamental ratios Correlations

0.840.730.960.9-0.78-0.970.720.790.81-0.410.790.780.670.920.840.810.831.00.990.970.490.810.20.80.88
0.840.90.670.84-0.37-0.940.780.430.91-0.140.430.70.740.80.980.460.90.860.890.710.070.710.190.90.78
0.730.90.550.71-0.37-0.820.810.470.70.160.470.790.540.680.920.50.680.730.80.570.140.720.160.680.78
0.960.670.550.85-0.9-0.880.640.890.66-0.520.890.730.560.880.660.90.690.950.931.00.640.780.210.650.84
0.90.840.710.85-0.68-0.940.850.710.72-0.360.710.780.570.80.780.740.720.930.890.860.490.830.50.720.9
-0.78-0.37-0.37-0.9-0.680.64-0.56-0.99-0.280.48-0.99-0.65-0.28-0.73-0.35-0.98-0.32-0.76-0.74-0.86-0.78-0.72-0.17-0.27-0.73
-0.97-0.94-0.82-0.88-0.940.64-0.82-0.68-0.870.31-0.68-0.8-0.72-0.91-0.92-0.71-0.87-0.98-0.98-0.9-0.34-0.81-0.23-0.86-0.9
0.720.780.810.640.85-0.56-0.820.650.5-0.060.650.830.450.720.710.680.480.750.760.620.30.840.330.490.88
0.790.430.470.890.71-0.99-0.680.650.29-0.371.00.740.280.740.411.00.320.770.760.850.790.780.210.270.79
0.810.910.70.660.72-0.28-0.870.50.29-0.290.290.520.770.740.920.331.00.820.820.720.030.540.11.00.62
-0.41-0.140.16-0.52-0.360.480.31-0.06-0.37-0.29-0.370.13-0.04-0.33-0.08-0.37-0.33-0.42-0.33-0.54-0.36-0.37-0.21-0.3-0.13
0.790.430.470.890.71-0.99-0.680.651.00.29-0.370.740.280.740.411.00.320.770.760.850.790.780.210.270.79
0.780.70.790.730.78-0.65-0.80.830.740.520.130.740.550.730.710.770.510.770.790.70.490.750.250.50.93
0.670.740.540.560.57-0.28-0.720.450.280.77-0.040.280.550.770.720.310.770.680.70.59-0.130.34-0.170.770.52
0.920.80.680.880.8-0.73-0.910.720.740.74-0.330.740.730.770.770.760.750.930.950.890.240.67-0.10.730.79
0.840.980.920.660.78-0.35-0.920.710.410.92-0.080.410.710.720.770.440.910.840.880.70.090.680.150.910.76
0.810.460.50.90.74-0.98-0.710.681.00.33-0.371.00.770.310.760.440.350.80.790.860.770.80.230.310.82
0.830.90.680.690.72-0.32-0.870.480.321.0-0.330.320.510.770.750.910.350.830.830.750.060.550.091.00.62
1.00.860.730.950.93-0.76-0.980.750.770.82-0.420.770.770.680.930.840.80.830.990.970.460.810.230.810.88
0.990.890.80.930.89-0.74-0.980.760.760.82-0.330.760.790.70.950.880.790.830.990.940.40.810.130.810.89
0.970.710.571.00.86-0.86-0.90.620.850.72-0.540.850.70.590.890.70.860.750.970.940.590.770.20.710.82
0.490.070.140.640.49-0.78-0.340.30.790.03-0.360.790.49-0.130.240.090.770.060.460.40.590.590.590.020.54
0.810.710.720.780.83-0.72-0.810.840.780.54-0.370.780.750.340.670.680.80.550.810.810.770.590.440.520.86
0.20.190.160.210.5-0.17-0.230.330.210.1-0.210.210.25-0.17-0.10.150.230.090.230.130.20.590.440.110.33
0.80.90.680.650.72-0.27-0.860.490.271.0-0.30.270.50.770.730.910.311.00.810.810.710.020.520.110.61
0.880.780.780.840.9-0.73-0.90.880.790.62-0.130.790.930.520.790.760.820.620.880.890.820.540.860.330.61
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4Dmedical Account Relationship Matchups

4Dmedical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.8M92.6M74.3M92.9M120.0M126.0M
Other Current Liab9.0M969.8K6.6M11.6M18.5M19.4M
Total Current Liabilities27.0M8.2M9.6M17.1M21.9M23.0M
Total Stockholder Equity(11.8M)83.4M59.5M71.5M70.9M74.5M
Property Plant And Equipment Net1.8M2.8M10.4M9.3M8.7M9.2M
Net Debt8.1M(79.2M)(44.9M)(64.4M)(25.5M)(26.8M)
Retained Earnings(38.6M)(60.0M)(84.6M)(116.1M)(152.0M)(144.4M)
Accounts Payable1.7M448.2K1.8M2.9M2.1M1.1M
Cash8.4M80.9M51.1M69.6M30.6M27.1M
Non Current Assets Total5.5M6.8M15.5M14.4M81.0M85.0M
Non Currrent Assets Other2.9M3.8M84.2K44.8K40.3K38.3K
Cash And Short Term Investments8.4M80.9M51.1M69.6M30.6M27.1M
Common Stock Shares Outstanding264.8M261.4M294.5M300.0M327.1M209.4M
Liabilities And Stockholders Equity15.8M92.6M74.3M92.9M120.0M126.0M
Inventory16.0K153.4K1.5K665.0K992.2K1.0M
Other Current Assets489.0K4.4M1.4M7.5M6.2M6.5M
Total Liab27.6M9.3M14.8M21.5M49.1M51.5M
Total Current Assets10.3M85.8M58.9M78.5M39.1M31.3M
Intangible Assets512.9K3.9M5.1M5.1M29.5M30.9M
Common Stock18.9M141.6M141.7M184.4M218.4M229.4M
Other Stockholder Equity7.8M1.8M2.4M3.2M3.6M2.7M
Accumulated Other Comprehensive Income7.8M1.8M2.4M3.2M4.5M3.3M
Other Liab55.3K146.6K104.6K185.8K213.7K224.3K
Net Tangible Assets(12.3M)82.7M58.5M70.4M81.0M85.1M
Current Deferred Revenue523.6K6.0M6.4M1.7M1.0M957.0K
Other Assets2.9M3.3M4.1M4.1M4.7M2.5M
Net Receivables1.8M426.6K6.4M815.0K1.3M1.7M
Long Term Debt Total621.2K965.4K5.1M4.2M4.8M5.1M
Non Current Liabilities Total676.4K1.1M5.2M4.4M27.2M28.6M
Deferred Long Term Liab2.7M3.3M4.1M4.1M4.7M3.0M
Short Term Debt16.2M723.5K1.1M933.1K944.6K897.4K
Property Plant Equipment1.8M2.8M10.4M9.3M10.6M11.2M
Short Long Term Debt Total16.5M1.7M6.2M5.1M5.1M6.1M

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