4Dmedical Income Before Tax vs Gross Profit 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 Gross Profit 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 Gross Profit

Income Before Tax vs Gross Profit 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 Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between 4Dmedical's Income Before Tax and Gross Profit is -0.28. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit 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 Gross Profit 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 Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., 4Dmedical's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of 4Dmedical minus its cost of goods sold. It is profit before 4Dmedical 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.

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 Revenue	1.1M	282.2K	3.8M	3.9M
Depreciation And Amortization	1.5M	2.6M	4.1M	4.3M

Total Revenue Depreciation And Amortization

4Dmedical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Current Deferred Revenue	Other Assets	Net Receivables	Non Current Liabilities Total	Deferred Long Term Liab
Total Assets		0.84	0.73	0.96	0.9	-0.78	-0.97	0.72	0.79	0.81	-0.41	0.79	0.78	0.67	0.92	0.84	0.81	0.83	1.0	0.99	0.97	0.49	0.81	0.2	0.8	0.88
Other Current Liab	0.84		0.9	0.67	0.84	-0.37	-0.94	0.78	0.43	0.91	-0.14	0.43	0.7	0.74	0.8	0.98	0.46	0.9	0.86	0.89	0.71	0.07	0.71	0.19	0.9	0.78
Total Current Liabilities	0.73	0.9		0.55	0.71	-0.37	-0.82	0.81	0.47	0.7	0.16	0.47	0.79	0.54	0.68	0.92	0.5	0.68	0.73	0.8	0.57	0.14	0.72	0.16	0.68	0.78
Total Stockholder Equity	0.96	0.67	0.55		0.85	-0.9	-0.88	0.64	0.89	0.66	-0.52	0.89	0.73	0.56	0.88	0.66	0.9	0.69	0.95	0.93	1.0	0.64	0.78	0.21	0.65	0.84
Property Plant And Equipment Net	0.9	0.84	0.71	0.85		-0.68	-0.94	0.85	0.71	0.72	-0.36	0.71	0.78	0.57	0.8	0.78	0.74	0.72	0.93	0.89	0.86	0.49	0.83	0.5	0.72	0.9
Net Debt	-0.78	-0.37	-0.37	-0.9	-0.68		0.64	-0.56	-0.99	-0.28	0.48	-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
Retained Earnings	-0.97	-0.94	-0.82	-0.88	-0.94	0.64		-0.82	-0.68	-0.87	0.31	-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
Accounts Payable	0.72	0.78	0.81	0.64	0.85	-0.56	-0.82		0.65	0.5	-0.06	0.65	0.83	0.45	0.72	0.71	0.68	0.48	0.75	0.76	0.62	0.3	0.84	0.33	0.49	0.88
Cash	0.79	0.43	0.47	0.89	0.71	-0.99	-0.68	0.65		0.29	-0.37	1.0	0.74	0.28	0.74	0.41	1.0	0.32	0.77	0.76	0.85	0.79	0.78	0.21	0.27	0.79
Non Current Assets Total	0.81	0.91	0.7	0.66	0.72	-0.28	-0.87	0.5	0.29		-0.29	0.29	0.52	0.77	0.74	0.92	0.33	1.0	0.82	0.82	0.72	0.03	0.54	0.1	1.0	0.62
Non Currrent Assets Other	-0.41	-0.14	0.16	-0.52	-0.36	0.48	0.31	-0.06	-0.37	-0.29		-0.37	0.13	-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
Cash And Short Term Investments	0.79	0.43	0.47	0.89	0.71	-0.99	-0.68	0.65	1.0	0.29	-0.37		0.74	0.28	0.74	0.41	1.0	0.32	0.77	0.76	0.85	0.79	0.78	0.21	0.27	0.79
Common Stock Shares Outstanding	0.78	0.7	0.79	0.73	0.78	-0.65	-0.8	0.83	0.74	0.52	0.13	0.74		0.55	0.73	0.71	0.77	0.51	0.77	0.79	0.7	0.49	0.75	0.25	0.5	0.93
Inventory	0.67	0.74	0.54	0.56	0.57	-0.28	-0.72	0.45	0.28	0.77	-0.04	0.28	0.55		0.77	0.72	0.31	0.77	0.68	0.7	0.59	-0.13	0.34	-0.17	0.77	0.52
Other Current Assets	0.92	0.8	0.68	0.88	0.8	-0.73	-0.91	0.72	0.74	0.74	-0.33	0.74	0.73	0.77		0.77	0.76	0.75	0.93	0.95	0.89	0.24	0.67	-0.1	0.73	0.79
Total Liab	0.84	0.98	0.92	0.66	0.78	-0.35	-0.92	0.71	0.41	0.92	-0.08	0.41	0.71	0.72	0.77		0.44	0.91	0.84	0.88	0.7	0.09	0.68	0.15	0.91	0.76
Total Current Assets	0.81	0.46	0.5	0.9	0.74	-0.98	-0.71	0.68	1.0	0.33	-0.37	1.0	0.77	0.31	0.76	0.44		0.35	0.8	0.79	0.86	0.77	0.8	0.23	0.31	0.82
Intangible Assets	0.83	0.9	0.68	0.69	0.72	-0.32	-0.87	0.48	0.32	1.0	-0.33	0.32	0.51	0.77	0.75	0.91	0.35		0.83	0.83	0.75	0.06	0.55	0.09	1.0	0.62
Common Stock	1.0	0.86	0.73	0.95	0.93	-0.76	-0.98	0.75	0.77	0.82	-0.42	0.77	0.77	0.68	0.93	0.84	0.8	0.83		0.99	0.97	0.46	0.81	0.23	0.81	0.88
Other Liab	0.99	0.89	0.8	0.93	0.89	-0.74	-0.98	0.76	0.76	0.82	-0.33	0.76	0.79	0.7	0.95	0.88	0.79	0.83	0.99		0.94	0.4	0.81	0.13	0.81	0.89
Net Tangible Assets	0.97	0.71	0.57	1.0	0.86	-0.86	-0.9	0.62	0.85	0.72	-0.54	0.85	0.7	0.59	0.89	0.7	0.86	0.75	0.97	0.94		0.59	0.77	0.2	0.71	0.82
Current Deferred Revenue	0.49	0.07	0.14	0.64	0.49	-0.78	-0.34	0.3	0.79	0.03	-0.36	0.79	0.49	-0.13	0.24	0.09	0.77	0.06	0.46	0.4	0.59		0.59	0.59	0.02	0.54
Other Assets	0.81	0.71	0.72	0.78	0.83	-0.72	-0.81	0.84	0.78	0.54	-0.37	0.78	0.75	0.34	0.67	0.68	0.8	0.55	0.81	0.81	0.77	0.59		0.44	0.52	0.86
Net Receivables	0.2	0.19	0.16	0.21	0.5	-0.17	-0.23	0.33	0.21	0.1	-0.21	0.21	0.25	-0.17	-0.1	0.15	0.23	0.09	0.23	0.13	0.2	0.59	0.44		0.11	0.33
Non Current Liabilities Total	0.8	0.9	0.68	0.65	0.72	-0.27	-0.86	0.49	0.27	1.0	-0.3	0.27	0.5	0.77	0.73	0.91	0.31	1.0	0.81	0.81	0.71	0.02	0.52	0.11		0.61
Deferred Long Term Liab	0.88	0.78	0.78	0.84	0.9	-0.73	-0.9	0.88	0.79	0.62	-0.13	0.79	0.93	0.52	0.79	0.76	0.82	0.62	0.88	0.89	0.82	0.54	0.86	0.33	0.61

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4Dmedical Account Relationship Matchups

4Dmedical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.8M	92.6M	74.3M	92.9M	120.0M	126.0M
Other Current Liab	9.0M	969.8K	6.6M	11.6M	18.5M	19.4M
Total Current Liabilities	27.0M	8.2M	9.6M	17.1M	21.9M	23.0M
Total Stockholder Equity	(11.8M)	83.4M	59.5M	71.5M	70.9M	74.5M
Property Plant And Equipment Net	1.8M	2.8M	10.4M	9.3M	8.7M	9.2M
Net Debt	8.1M	(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 Payable	1.7M	448.2K	1.8M	2.9M	2.1M	1.1M
Cash	8.4M	80.9M	51.1M	69.6M	30.6M	27.1M
Non Current Assets Total	5.5M	6.8M	15.5M	14.4M	81.0M	85.0M
Non Currrent Assets Other	2.9M	3.8M	84.2K	44.8K	40.3K	38.3K
Cash And Short Term Investments	8.4M	80.9M	51.1M	69.6M	30.6M	27.1M
Common Stock Shares Outstanding	264.8M	261.4M	294.5M	300.0M	327.1M	209.4M
Liabilities And Stockholders Equity	15.8M	92.6M	74.3M	92.9M	120.0M	126.0M
Inventory	16.0K	153.4K	1.5K	665.0K	992.2K	1.0M
Other Current Assets	489.0K	4.4M	1.4M	7.5M	6.2M	6.5M
Total Liab	27.6M	9.3M	14.8M	21.5M	49.1M	51.5M
Total Current Assets	10.3M	85.8M	58.9M	78.5M	39.1M	31.3M
Intangible Assets	512.9K	3.9M	5.1M	5.1M	29.5M	30.9M
Common Stock	18.9M	141.6M	141.7M	184.4M	218.4M	229.4M
Other Stockholder Equity	7.8M	1.8M	2.4M	3.2M	3.6M	2.7M
Accumulated Other Comprehensive Income	7.8M	1.8M	2.4M	3.2M	4.5M	3.3M
Other Liab	55.3K	146.6K	104.6K	185.8K	213.7K	224.3K
Net Tangible Assets	(12.3M)	82.7M	58.5M	70.4M	81.0M	85.1M
Current Deferred Revenue	523.6K	6.0M	6.4M	1.7M	1.0M	957.0K
Other Assets	2.9M	3.3M	4.1M	4.1M	4.7M	2.5M
Net Receivables	1.8M	426.6K	6.4M	815.0K	1.3M	1.7M
Long Term Debt Total	621.2K	965.4K	5.1M	4.2M	4.8M	5.1M
Non Current Liabilities Total	676.4K	1.1M	5.2M	4.4M	27.2M	28.6M
Deferred Long Term Liab	2.7M	3.3M	4.1M	4.1M	4.7M	3.0M
Short Term Debt	16.2M	723.5K	1.1M	933.1K	944.6K	897.4K
Property Plant Equipment	1.8M	2.8M	10.4M	9.3M	10.6M	11.2M
Short Long Term Debt Total	16.5M	1.7M	6.2M	5.1M	5.1M	6.1M

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