Focus Net Income vs Income Before Tax Analysis

FCUV Stock  USD 0.26  0.03  13.04%   
Focus Universal financial indicator trend analysis is much more than just examining Focus Universal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focus Universal is a good investment. Please check the relationship between Focus Universal Net Income and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Focus Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Focus Stock please use our How to Invest in Focus Universal guide.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Focus Universal Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Focus Universal's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Focus Universal, assuming nothing else is changed. The correlation between historical values of Focus Universal's Net Income and Income Before Tax 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 Focus Universal are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Focus Universal's Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Focus Universal financial statement analysis. It represents the amount of money remaining after all of Focus Universal operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Focus Universal income statement and is an important metric when analyzing Focus Universal 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.
Most indicators from Focus Universal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focus Universal 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 Focus Universal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Focus Stock please use our How to Invest in Focus Universal guide.Enterprise Value is likely to climb to about 134.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit298.1K22.7K93.8K173.7K
Total Revenue1.4M353.6K1.1M797.2K

Focus Universal fundamental ratios Correlations

0.35-0.930.780.410.990.450.00.150.140.660.410.710.220.710.570.830.250.190.840.840.560.56-0.770.570.14
0.35-0.570.330.90.440.99-0.850.920.910.690.810.840.940.650.260.760.140.10.180.390.710.89-0.620.890.0
-0.93-0.57-0.72-0.63-0.96-0.650.18-0.34-0.34-0.68-0.63-0.88-0.41-0.78-0.49-0.94-0.36-0.36-0.84-0.9-0.7-0.760.8-0.76-0.13
0.780.33-0.720.460.790.4-0.050.180.160.760.390.570.230.830.160.650.12-0.110.620.70.640.47-0.870.47-0.16
0.410.9-0.630.460.520.91-0.680.770.760.730.950.840.80.720.170.730.450.340.280.510.860.87-0.730.87-0.15
0.990.44-0.960.790.520.53-0.080.240.230.710.520.780.310.750.560.860.330.260.820.860.630.63-0.810.640.13
0.450.99-0.650.40.910.53-0.820.890.890.740.830.890.920.710.320.810.180.130.250.460.750.91-0.680.910.02
0.0-0.850.18-0.05-0.68-0.08-0.82-0.98-0.99-0.43-0.59-0.56-0.97-0.33-0.22-0.420.110.060.230.03-0.36-0.530.39-0.54-0.22
0.150.92-0.340.180.770.240.89-0.981.00.520.680.681.00.450.260.56-0.030.0-0.070.140.470.64-0.510.640.22
0.140.91-0.340.160.760.230.89-0.991.00.520.670.670.990.430.260.55-0.040.01-0.070.130.460.63-0.50.630.23
0.660.69-0.680.760.730.710.74-0.430.520.520.660.770.570.910.320.710.24-0.080.340.520.830.79-0.80.79-0.27
0.410.81-0.630.390.950.520.83-0.590.680.670.660.790.720.630.160.670.660.480.310.550.750.8-0.660.80.0
0.710.84-0.880.570.840.780.89-0.560.680.670.770.790.730.840.470.920.330.330.530.680.810.91-0.780.920.11
0.220.94-0.410.230.80.310.92-0.971.00.990.570.720.730.50.280.620.010.020.00.210.520.68-0.560.680.21
0.710.65-0.780.830.720.750.71-0.330.450.430.910.630.840.50.250.780.240.010.50.650.870.82-0.860.82-0.24
0.570.26-0.490.160.170.560.32-0.220.260.260.320.160.470.280.250.440.10.180.170.140.210.3-0.360.30.42
0.830.76-0.940.650.730.860.81-0.420.560.550.710.670.920.620.780.440.20.220.740.830.710.85-0.80.850.12
0.250.14-0.360.120.450.330.180.11-0.03-0.040.240.660.330.010.240.10.20.70.260.380.370.33-0.240.330.0
0.190.1-0.36-0.110.340.260.130.060.00.01-0.080.480.330.020.010.180.220.70.350.370.280.22-0.090.220.2
0.840.18-0.840.620.280.820.250.23-0.07-0.070.340.310.530.00.50.170.740.260.350.960.390.42-0.560.420.11
0.840.39-0.90.70.510.860.460.030.140.130.520.550.680.210.650.140.830.380.370.960.550.6-0.680.60.07
0.560.71-0.70.640.860.630.75-0.360.470.460.830.750.810.520.870.210.710.370.280.390.550.87-0.740.87-0.45
0.560.89-0.760.470.870.630.91-0.530.640.630.790.80.910.680.820.30.850.330.220.420.60.87-0.661.0-0.21
-0.77-0.620.8-0.87-0.73-0.81-0.680.39-0.51-0.5-0.8-0.66-0.78-0.56-0.86-0.36-0.8-0.24-0.09-0.56-0.68-0.74-0.66-0.66-0.01
0.570.89-0.760.470.870.640.91-0.540.640.630.790.80.920.680.820.30.850.330.220.420.60.871.0-0.66-0.21
0.140.0-0.13-0.16-0.150.130.02-0.220.220.23-0.270.00.110.21-0.240.420.120.00.20.110.07-0.45-0.21-0.01-0.21
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Focus Universal Account Relationship Matchups

Focus Universal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities433.0K527.6K571.4K1.4M1.7M1.7M
Total Stockholder Equity6.7M4.8M13.1M7.8M3.5M4.2M
Retained Earnings(7.2M)(9.7M)(12.9M)(17.9M)(22.6M)(21.5M)
Accounts Payable192.5K216.3K293.4K267.7K482.5K506.6K
Non Current Liabilities Total107.0K261.2K328.3K178.3K130.9K131.9K
Total Liab540.0K788.7K899.8K1.6M1.8M1.9M
Total Assets7.2M5.6M14.0M9.3M5.3M5.3M
Net Debt(2.0M)(91.8K)(8.1M)(4.1M)690.3K724.8K
Cash2.2M583.3K8.7M4.3M428.3K406.8K
Cash And Short Term Investments2.2M583.3K8.7M4.4M465.0K441.7K
Common Stock Shares Outstanding61.4M61.4M62.6M65.3M60.3M56.7M
Liabilities And Stockholders Equity7.2M5.6M14.0M9.3M5.3M5.8M
Other Current Assets47.0K282.5K307.2K142.3K116.8K114.8K
Other Stockholder Equity13.8M14.4M26.0M25.6M26.0M13.4M
Total Current Assets2.4M1.0M9.2M4.8M1.0M976.9K
Other Current Liab18.6K6.3K23.6K893.4K175.1K155.7K
Net Tangible Assets9.1M6.7M4.8M13.1M15.1M15.8M
Other Assets7.9K6.6K93.2K33.9K39.0K30.4K
Property Plant And Equipment Net4.8M4.6M4.8M4.5M4.3M3.4M
Current Deferred Revenue36.2K127.7K57.4K271.0243.9231.71
Non Current Assets Total4.8M4.6M4.8M4.5M4.3M3.4M
Net Receivables137.3K190.6K205.5K112.8K164.4K126.0K
Inventory62.9K42.5K22.9K103.8K282.1K296.2K
Property Plant Equipment4.8M4.6M4.4M4.5M5.2M3.1M
Accumulated Other Comprehensive Income50.7K98.7K(4.0)(6.5K)60.9K64.0K
Net Invested Capital6.7M5.2M13.3M7.8M8.9M7.7M
Property Plant And Equipment Gross4.8M4.6M5.3M5.2M5.9M4.5M
Net Working Capital2.0M480.1K8.6M3.4M3.9M3.5M

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Additional Tools for Focus Stock Analysis

When running Focus Universal's price analysis, check to measure Focus Universal'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 Focus Universal is operating at the current time. Most of Focus Universal's value examination focuses on studying past and present price action to predict the probability of Focus Universal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Focus Universal's price. Additionally, you may evaluate how the addition of Focus Universal to your portfolios can decrease your overall portfolio volatility.