Plantify Income Before Tax vs Net Interest Income Analysis

PTFY Stock   0.23  0.02  8.00%   
Plantify Foods financial indicator trend analysis is much more than just breaking down Plantify Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plantify Foods is a good investment. Please check the relationship between Plantify Foods Income Before Tax and its Net Interest Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plantify Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plantify Foods Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Plantify Foods' Income Before Tax and Net Interest Income is 0.6. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Plantify Foods, assuming nothing else is changed. The correlation between historical values of Plantify Foods' Income Before Tax and Net Interest 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 Before Tax of Plantify Foods are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Plantify Foods' Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Plantify Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plantify Foods 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plantify Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Issuance Of Capital Stock is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue452K477K675K535.7K
Research Development53K41K36K37.6K

Plantify Foods fundamental ratios Correlations

0.420.99-0.880.970.8-0.960.890.781.00.740.590.560.820.990.970.951.00.580.990.840.84-0.92-0.95
0.420.51-0.710.59-0.16-0.30.71-0.190.46-0.23-0.450.22-0.180.370.560.470.47-0.450.53-0.090.08-0.4-0.49
0.990.51-0.930.990.72-0.960.940.710.990.690.490.580.740.980.970.951.00.511.00.770.81-0.93-0.97
-0.88-0.71-0.93-0.96-0.470.88-0.96-0.41-0.91-0.52-0.16-0.44-0.49-0.86-0.94-0.93-0.92-0.31-0.94-0.53-0.590.920.96
0.970.590.99-0.960.67-0.930.940.620.990.620.390.470.680.970.990.980.990.431.00.730.72-0.94-0.97
0.8-0.160.72-0.470.67-0.780.440.930.780.850.910.290.990.840.70.740.760.830.721.00.76-0.72-0.66
-0.96-0.3-0.960.88-0.93-0.78-0.86-0.76-0.95-0.86-0.6-0.57-0.82-0.95-0.92-0.93-0.96-0.71-0.95-0.82-0.840.960.98
0.890.710.94-0.960.940.44-0.860.480.890.50.220.650.490.850.90.860.920.280.930.510.71-0.84-0.93
0.78-0.190.71-0.410.620.93-0.760.480.730.850.960.580.970.780.620.620.730.820.680.930.91-0.6-0.62
1.00.460.99-0.910.990.78-0.950.890.730.710.530.480.790.990.990.981.00.541.00.830.78-0.94-0.96
0.74-0.230.69-0.520.620.85-0.860.50.850.710.820.470.910.760.630.690.720.970.670.850.8-0.76-0.74
0.59-0.450.49-0.160.390.91-0.60.220.960.530.820.420.930.610.410.440.530.860.460.880.78-0.43-0.42
0.560.220.58-0.440.470.29-0.570.650.580.480.470.420.420.460.390.320.550.350.510.320.85-0.33-0.52
0.82-0.180.74-0.490.680.99-0.820.490.970.790.910.930.420.840.70.730.780.880.730.980.83-0.73-0.7
0.990.370.98-0.860.970.84-0.950.850.780.990.760.610.460.840.970.970.990.610.980.880.8-0.94-0.94
0.970.560.97-0.940.990.7-0.920.90.620.990.630.410.390.70.970.990.980.440.990.760.68-0.95-0.96
0.950.470.95-0.930.980.74-0.930.860.620.980.690.440.320.730.970.990.960.520.970.790.65-0.98-0.96
1.00.471.0-0.920.990.76-0.960.920.731.00.720.530.550.780.990.980.960.541.00.810.81-0.94-0.97
0.58-0.450.51-0.310.430.83-0.710.280.820.540.970.860.350.880.610.440.520.540.480.80.7-0.6-0.56
0.990.531.0-0.941.00.72-0.950.930.681.00.670.460.510.730.980.990.971.00.480.770.76-0.94-0.97
0.84-0.090.77-0.530.731.0-0.820.510.930.830.850.880.320.980.880.760.790.810.80.770.77-0.76-0.71
0.840.080.81-0.590.720.76-0.840.710.910.780.80.780.850.830.80.680.650.810.70.760.77-0.64-0.74
-0.92-0.4-0.930.92-0.94-0.720.96-0.84-0.6-0.94-0.76-0.43-0.33-0.73-0.94-0.95-0.98-0.94-0.6-0.94-0.76-0.640.97
-0.95-0.49-0.970.96-0.97-0.660.98-0.93-0.62-0.96-0.74-0.42-0.52-0.7-0.94-0.96-0.96-0.97-0.56-0.97-0.71-0.740.97
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Plantify Foods Account Relationship Matchups

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Additional Tools for Plantify Stock Analysis

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