| EPN Stock | | | 0.02 0.00 0.00% |
Epsilon Healthcare financial indicator trend analysis is much more than just examining Epsilon Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Epsilon Healthcare is a good investment. Please check the relationship between Epsilon Healthcare Net Income and its Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Epsilon Healthcare. 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.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Epsilon Healthcare Net Income account and
Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Epsilon Healthcare's Net Income and Depreciation is -0.83. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Epsilon Healthcare, assuming nothing else is changed. The correlation between historical values of Epsilon Healthcare's Net Income and Depreciation 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 of Epsilon Healthcare are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Epsilon Healthcare's Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Epsilon Healthcare financial statement analysis. It represents the amount of money remaining after all of Epsilon Healthcare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Depreciation
Depreciation indicates how much of Epsilon Healthcare value has been used up. For tax purposes Epsilon Healthcare can deduct the cost of the tangible assets it purchases as business expenses. However, Epsilon Healthcare must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Epsilon Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Epsilon 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 Epsilon Healthcare. 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, Epsilon Healthcare's
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 4.7
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.7
M in 2024.
Epsilon Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Epsilon Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Epsilon Healthcare fundamental ratios Accounts
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Additional Tools for Epsilon Stock Analysis
When running Epsilon Healthcare's price analysis, check to
measure Epsilon Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Epsilon Healthcare is operating at the current time. Most of Epsilon Healthcare's value examination focuses on studying past and present price action to
predict the probability of Epsilon Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Epsilon Healthcare's price. Additionally, you may evaluate how the addition of Epsilon Healthcare to your portfolios can decrease your overall portfolio volatility.