Genprex Income Before Tax vs Depreciation And Amortization Analysis

GNPX Stock  USD 1.16  0.10  9.43%   
Genprex financial indicator trend analysis is much more than just examining Genprex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genprex is a good investment. Please check the relationship between Genprex Income Before Tax and its Depreciation And Amortization accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genprex Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Genprex's Income Before Tax and Depreciation And Amortization is -0.63. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Genprex, assuming nothing else is changed. The correlation between historical values of Genprex's Income Before Tax and Depreciation And Amortization 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 Genprex are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Genprex's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

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

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Genprex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genprex 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.Issuance Of Capital Stock is likely to rise to about 12.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.2 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation22.5K25.6K17.7K17.4K
Interest Income5.1K90.1K231.0K242.6K

Genprex fundamental ratios Correlations

0.430.51.00.780.75-0.99-0.620.461.00.740.680.141.00.79-0.740.80.80.810.50.71.00.770.880.72-0.03
0.430.960.380.820.1-0.33-0.880.760.390.790.85-0.010.390.78-0.610.770.690.760.960.660.380.750.320.730.33
0.50.960.450.90.19-0.38-0.960.890.450.830.9-0.090.450.87-0.720.860.830.821.00.770.450.810.290.840.08
1.00.380.450.740.76-0.99-0.580.421.00.690.640.151.00.76-0.710.760.780.770.450.671.00.730.880.68-0.05
0.780.820.90.740.41-0.69-0.970.820.750.850.88-0.040.750.97-0.830.980.940.930.90.840.750.890.520.9-0.05
0.750.10.190.760.41-0.77-0.350.270.750.450.310.190.750.57-0.70.550.520.570.190.720.760.660.840.65-0.18
-0.99-0.33-0.38-0.99-0.69-0.770.52-0.35-0.99-0.69-0.61-0.15-0.99-0.710.66-0.71-0.73-0.76-0.38-0.62-0.99-0.71-0.9-0.630.0
-0.62-0.88-0.96-0.58-0.97-0.350.52-0.88-0.58-0.82-0.870.09-0.58-0.950.84-0.95-0.9-0.9-0.96-0.87-0.58-0.9-0.4-0.930.05
0.460.760.890.420.820.27-0.35-0.880.430.730.810.020.430.82-0.680.810.860.720.890.760.420.750.180.82-0.31
1.00.390.451.00.750.75-0.99-0.580.430.710.650.131.00.76-0.70.760.780.770.450.671.00.730.870.68-0.03
0.740.790.830.690.850.45-0.69-0.820.730.710.96-0.070.710.81-0.720.80.850.910.830.70.690.850.620.770.19
0.680.850.90.640.880.31-0.61-0.870.810.650.96-0.130.650.82-0.690.810.880.840.90.680.630.770.490.770.15
0.14-0.01-0.090.15-0.040.19-0.150.090.020.13-0.07-0.130.130.13-0.040.05-0.110.0-0.090.040.160.10.28-0.02-0.12
1.00.390.451.00.750.75-0.99-0.580.431.00.710.650.130.76-0.70.760.780.770.450.671.00.730.870.68-0.03
0.790.780.870.760.970.57-0.71-0.950.820.760.810.820.130.76-0.91.00.920.930.870.930.770.950.610.96-0.11
-0.74-0.61-0.72-0.71-0.83-0.70.660.84-0.68-0.7-0.72-0.69-0.04-0.7-0.9-0.9-0.8-0.86-0.72-0.94-0.72-0.91-0.65-0.940.15
0.80.770.860.760.980.55-0.71-0.950.810.760.80.810.050.761.0-0.90.920.940.860.930.770.940.590.96-0.12
0.80.690.830.780.940.52-0.73-0.90.860.780.850.88-0.110.780.92-0.80.920.890.830.830.770.850.510.89-0.23
0.810.760.820.770.930.57-0.76-0.90.720.770.910.840.00.770.93-0.860.940.890.820.860.770.970.670.90.03
0.50.961.00.450.90.19-0.38-0.960.890.450.830.9-0.090.450.87-0.720.860.830.820.770.450.810.290.840.08
0.70.660.770.670.840.72-0.62-0.870.760.670.70.680.040.670.93-0.940.930.830.860.770.680.940.60.99-0.17
1.00.380.451.00.750.76-0.99-0.580.421.00.690.630.161.00.77-0.720.770.770.770.450.680.740.880.69-0.05
0.770.750.810.730.890.66-0.71-0.90.750.730.850.770.10.730.95-0.910.940.850.970.810.940.740.680.95-0.03
0.880.320.290.880.520.84-0.9-0.40.180.870.620.490.280.870.61-0.650.590.510.670.290.60.880.680.580.25
0.720.730.840.680.90.65-0.63-0.930.820.680.770.77-0.020.680.96-0.940.960.890.90.840.990.690.950.58-0.14
-0.030.330.08-0.05-0.05-0.180.00.05-0.31-0.030.190.15-0.12-0.03-0.110.15-0.12-0.230.030.08-0.17-0.05-0.030.25-0.14
Click cells to compare fundamentals

Genprex Account Relationship Matchups

Genprex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5M31.4M42.9M25.1M10.7M15.4M
Other Current Liab74.4K257.8K612.1K2.4M1.9M1.9M
Total Current Liabilities510.7K450.7K1.6M2.8M3.3M3.4M
Total Stockholder Equity3.0M30.9M41.3M22.3M7.4M14.2M
Net Tangible Assets8.5M2.5M30.3M40.6M46.7M49.1M
Property Plant And Equipment Net44.7K39.4K48.6K23.0K7.9K7.5K
Net Debt(2.0M)(27.3M)(38.6M)(21.0M)(6.7M)(7.1M)
Retained Earnings(40.5M)(58.4M)(78.0M)(102.8M)(133.7M)(127.0M)
Accounts Payable436.3K193.0K973.2K442.9K1.4M1.5M
Cash2.0M27.3M38.6M21.0M6.7M13.0M
Non Current Assets Total557.6K651.8K3.7M3.6M3.1M1.7M
Non Currrent Assets Other21.7K10.7K3.0M2.9M2.4M2.5M
Other Assets21.7K612.4K0.01.00.90.86
Cash And Short Term Investments2.0M27.3M38.6M21.0M6.7M13.0M
Common Stock Total Equity11.7K15.2K19.3K43.1K49.6K52.1K
Common Stock Shares Outstanding400.7K888.1K1.2M1.2M1.4M1.3M
Liabilities And Stockholders Equity3.5M31.4M42.9M25.1M10.7M15.4M
Capital Surpluse17.9M38.7M43.5M89.3M102.7M107.8M
Other Current Assets171.7K384.7K1.0M484.2K794.1K833.8K
Other Stockholder Equity43.5M89.3M120.3M125.1M141.1M73.6M
Total Liab510.7K450.7K1.6M2.8M3.3M3.4M
Property Plant And Equipment Gross7.8K24.4K44.7K39.4K45.4K47.6K
Total Current Assets3.0M30.7M39.1M21.5M7.5M13.8M
Intangible Assets491.2K601.6K642.4K702.1K773.5K523.9K
Common Stock19.3K43.1K47.9K48.1K1.5K1.4K
Property Plant Equipment24.4K44.7K39.4K48.6K55.9K58.7K
Net Receivables8.8K9.3K655.0127.00.034.9K
Net Invested Capital3.0M30.9M41.3M22.3M7.4M7.0M
Net Working Capital2.5M30.3M37.6M18.7M4.3M4.1M
Capital Stock19.3K43.1K47.9K48.1K1.5K1.4K

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