Tekla Income Before Tax vs Total Revenue Analysis
HQL Stock | USD 14.26 0.13 0.92% |
Tekla Life financial indicator trend analysis is much more than just breaking down Tekla Life Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tekla Life Sciences is a good investment. Please check the relationship between Tekla Life Income Before Tax and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Tekla Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tekla Life Sciences Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tekla Life's Income Before Tax and Total Revenue is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Tekla Life Sciences, assuming nothing else is changed. The correlation between historical values of Tekla Life's Income Before Tax and Total Revenue 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 Tekla Life Sciences are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Tekla Life's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Tekla Life income statement and is an important metric when analyzing Tekla Life Sciences 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.Total Revenue
Total revenue comprises all receipts Tekla Life Sciences generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Tekla Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tekla Life Sciences 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 Tekla Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. At this time, Tekla Life's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 14.12 this year, although the value of Selling General Administrative will most likely fall to about 692 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 1.4M | 1.2M | 1.3M | 861.3K | Cost Of Revenue | 5.5M | 5.2M | 6.0M | 3.9M |
Tekla Life fundamental ratios Correlations
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Tekla Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tekla Life fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 484.2M | 534.2M | 414.7M | 402.6M | 463.0M | 335.6M | |
Other Current Liab | (2.8M) | (12.1K) | 10.7M | (5.1M) | (5.9M) | (5.6M) | |
Total Current Liabilities | 2.8M | 581.2K | 10.7M | 5.1M | 5.9M | 3.2M | |
Total Stockholder Equity | 483.6M | 523.4M | 397.9M | 401.9M | 462.2M | 332.0M | |
Net Debt | 5.0M | 1.3M | 10.6K | (477.0) | (548.55) | (575.98) | |
Cash | (5.0M) | 990.0 | 445.0 | 477.0 | 429.3 | 407.84 | |
Non Current Assets Total | 484.0M | 534.0M | 414.1M | 397.5M | 457.2M | 332.8M | |
Non Currrent Assets Other | (484.0M) | (534.0M) | (414.1M) | (397.5M) | (357.8M) | (375.7M) | |
Other Assets | 118.6K | 33.0K | 25.4K | 26.3K | 23.7K | 22.5K | |
Cash And Short Term Investments | 5.0M | 990.0 | 445.0 | 15.2M | 17.5M | 18.4M | |
Common Stock Shares Outstanding | 23.8M | 24.3M | 25.7M | 26.8M | 30.8M | 19.2M | |
Liabilities And Stockholders Equity | 484.2M | 534.2M | 414.7M | 402.6M | 463.0M | 335.6M | |
Total Liab | 595.2K | 10.7M | 16.8M | 667.0K | 767.0K | 728.7K | |
Total Current Assets | 73.9K | 144.7K | 623.9K | 5.0M | 5.8M | 6.1M | |
Common Stock | 238.8K | 246.7K | 256.8K | 267.9K | 308.1K | 292.7K | |
Net Receivables | 73.9K | 150.3K | 623.5K | 5.0M | 5.8M | 6.1M | |
Other Stockholder Equity | 356.3M | 372.5M | 388.1M | 403.1M | 463.6M | 486.8M | |
Net Tangible Assets | 383.7M | 483.6M | 523.4M | 397.9M | 457.6M | 449.7M | |
Retained Earnings | 127.0M | 150.7M | 9.5M | (1.5M) | (1.7M) | (1.6M) | |
Long Term Investments | 484.0M | 534.0M | 414.1M | 397.5M | 457.2M | 444.7M | |
Other Current Assets | 5.0M | 8.5M | 11.1M | (35.5M) | (32.0M) | (30.4M) | |
Short Term Investments | 5.0M | 17.2M | 32.9M | 15.2M | 17.5M | 12.9M | |
Capital Stock | 238.8K | 246.7K | 256.8K | 267.9K | 241.1K | 229.1K | |
Non Current Liabilities Total | 569.2K | 9.4M | 5.1M | 667.0K | 600.3K | 570.3K |
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tekla Life. If investors know Tekla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tekla Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.425 | Dividend Share 1.3 | Earnings Share 1.34 | Revenue Per Share 0.134 | Quarterly Revenue Growth 0.07 |
The market value of Tekla Life Sciences is measured differently than its book value, which is the value of Tekla that is recorded on the company's balance sheet. Investors also form their own opinion of Tekla Life's value that differs from its market value or its book value, called intrinsic value, which is Tekla Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tekla Life's market value can be influenced by many factors that don't directly affect Tekla Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tekla Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tekla Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tekla Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.