ENTERO Stock | | | 1,353 6.95 0.52% |
Entero Healthcare financial indicator trend analysis is much more than just examining Entero Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entero Healthcare is a good investment. Please check the relationship between Entero Healthcare Income Tax Expense and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entero Healthcare Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Income Tax Expense vs Operating Income
Income Tax Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Entero Healthcare Income Tax Expense account and
Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Entero Healthcare's Income Tax Expense and Operating Income is -0.74. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Entero Healthcare Solutions, assuming nothing else is changed. The correlation between historical values of Entero Healthcare's Income Tax Expense and Operating Income 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 Tax Expense of Entero Healthcare Solutions are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Entero Healthcare's Income Tax Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Income Tax Expense
Operating Income
Operating Income is the amount of profit realized from Entero Healthcare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Entero Healthcare Solutions is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Entero Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entero Healthcare 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entero Healthcare Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
The current year's
Selling General Administrative is expected to grow to about 1.8
BEntero Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Entero Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entero Healthcare fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Entero Stock
Balance Sheet is a snapshot of the
financial position of Entero Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Entero Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Entero 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 Entero currently owns. An asset can also be divided into two categories, current and non-current.