DiaMedica Income Before Tax vs Total Operating Expenses Analysis

DMAC Stock

USD 2.57 0.04 1.58%

DiaMedica Therapeutics financial indicator trend analysis is much more than just examining DiaMedica Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DiaMedica Therapeutics is a good investment. Please check the relationship between DiaMedica Therapeutics Income Before Tax and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiaMedica Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DiaMedica Therapeutics Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.

The correlation between DiaMedica Therapeutics' Income Before Tax and Total Operating Expenses is -0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of DiaMedica Therapeutics, assuming nothing else is changed. The correlation between historical values of DiaMedica Therapeutics' Income Before Tax and Total Operating Expenses 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 DiaMedica Therapeutics are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., DiaMedica Therapeutics' Income Before Tax and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.99

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on DiaMedica Therapeutics income statement and is an important metric when analyzing DiaMedica Therapeutics 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 Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from DiaMedica Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DiaMedica Therapeutics 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 DiaMedica Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.At present, DiaMedica Therapeutics' Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2023	2024 (projected)
Reconciled Depreciation	28K	21.7K
Interest Income	44.9K	47.1K

Reconciled Depreciation Interest Income

DiaMedica Therapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Net Tangible Assets	Property Plant Equipment	Capital Surpluse	Current Deferred Revenue	Non Current Liabilities Total
Total Assets		0.64	0.82	0.78	1.0	0.83	-0.36	-0.92	0.18	0.34	-0.06	-0.38	1.0	0.34	0.96	0.97	0.78	0.88	1.0	0.43	0.75	0.99	0.83	0.92	0.79	-0.22
Short Long Term Debt Total	0.64		0.71	0.68	0.63	0.91	-0.04	-0.69	0.21	0.06	-0.09	0.11	0.64	0.2	0.76	0.68	0.73	0.88	0.64	0.63	0.56	0.71	0.86	0.65	0.63	0.23
Other Current Liab	0.82	0.71		0.88	0.81	0.87	-0.22	-0.86	0.11	0.21	-0.19	-0.08	0.82	0.39	0.87	0.89	0.88	0.89	0.83	0.4	0.75	0.82	0.89	0.78	0.76	0.02
Total Current Liabilities	0.78	0.68	0.88		0.76	0.8	-0.15	-0.79	0.54	0.14	-0.3	-0.03	0.79	0.23	0.81	0.84	0.99	0.82	0.79	0.47	0.71	0.78	0.81	0.72	0.71	0.11
Total Stockholder Equity	1.0	0.63	0.81	0.76		0.82	-0.36	-0.92	0.16	0.35	-0.05	-0.39	1.0	0.34	0.96	0.97	0.77	0.87	1.0	0.42	0.75	0.99	0.83	0.92	0.79	-0.24
Property Plant And Equipment Net	0.83	0.91	0.87	0.8	0.82		-0.21	-0.89	0.15	0.21	-0.09	0.04	0.83	0.35	0.93	0.88	0.85	0.99	0.83	0.48	0.76	0.87	0.98	0.83	0.75	0.02
Net Debt	-0.36	-0.04	-0.22	-0.15	-0.36	-0.21		0.27	0.04	-1.0	0.03	0.06	-0.35	-0.72	-0.25	-0.32	-0.13	-0.2	-0.36	0.07	-0.56	-0.35	-0.16	-0.47	-0.19	0.47
Retained Earnings	-0.92	-0.69	-0.86	-0.79	-0.92	-0.89	0.27		-0.18	-0.27	0.2	0.25	-0.93	-0.34	-0.97	-0.96	-0.82	-0.92	-0.93	-0.26	-0.73	-0.93	-0.88	-0.9	-0.81	0.24
Accounts Payable	0.18	0.21	0.11	0.54	0.16	0.15	0.04	-0.18		-0.03	-0.24	0.06	0.19	-0.22	0.16	0.21	0.51	0.15	0.19	0.15	0.14	0.19	0.11	0.14	0.15	0.26
Cash	0.34	0.06	0.21	0.14	0.35	0.21	-1.0	-0.27	-0.03		-0.03	-0.06	0.33	0.71	0.24	0.31	0.12	0.19	0.34	-0.06	0.54	0.35	0.15	0.47	0.18	-0.46
Non Current Assets Total	-0.06	-0.09	-0.19	-0.3	-0.05	-0.09	0.03	0.2	-0.24	-0.03		0.21	-0.11	-0.15	-0.14	-0.11	-0.29	-0.09	-0.11	-0.2	-0.04	-0.13	-0.06	-0.2	-0.1	0.34
Non Currrent Assets Other	-0.38	0.11	-0.08	-0.03	-0.39	0.04	0.06	0.25	0.06	-0.06	0.21		-0.39	0.07	-0.24	-0.3	0.0	-0.03	-0.39	-0.08	0.09	-0.38	0.04	-0.31	0.01	0.36
Cash And Short Term Investments	1.0	0.64	0.82	0.79	1.0	0.83	-0.35	-0.93	0.19	0.33	-0.11	-0.39		0.33	0.96	0.97	0.79	0.88	1.0	0.44	0.75	0.99	0.83	0.92	0.79	-0.23
Net Receivables	0.34	0.2	0.39	0.23	0.34	0.35	-0.72	-0.34	-0.22	0.71	-0.15	0.07	0.33		0.35	0.37	0.23	0.34	0.34	0.16	0.48	0.32	0.33	0.54	0.37	-0.48
Common Stock Shares Outstanding	0.96	0.76	0.87	0.81	0.96	0.93	-0.25	-0.97	0.16	0.24	-0.14	-0.24	0.96	0.35		0.98	0.84	0.96	0.96	0.44	0.75	0.97	0.93	0.93	0.83	-0.18
Other Stockholder Equity	0.97	0.68	0.89	0.84	0.97	0.88	-0.32	-0.96	0.21	0.31	-0.11	-0.3	0.97	0.37	0.98		0.85	0.92	0.97	0.36	0.76	0.97	0.88	0.93	0.79	-0.16
Total Liab	0.78	0.73	0.88	0.99	0.77	0.85	-0.13	-0.82	0.51	0.12	-0.29	0.0	0.79	0.23	0.84	0.85		0.87	0.79	0.46	0.72	0.79	0.86	0.73	0.72	0.15
Property Plant And Equipment Gross	0.88	0.88	0.89	0.82	0.87	0.99	-0.2	-0.92	0.15	0.19	-0.09	-0.03	0.88	0.34	0.96	0.92	0.87		0.88	0.49	0.78	0.91	0.99	0.85	0.81	-0.01
Total Current Assets	1.0	0.64	0.83	0.79	1.0	0.83	-0.36	-0.93	0.19	0.34	-0.11	-0.39	1.0	0.34	0.96	0.97	0.79	0.88		0.44	0.75	0.99	0.83	0.92	0.79	-0.24
Short Term Debt	0.43	0.63	0.4	0.47	0.42	0.48	0.07	-0.26	0.15	-0.06	-0.2	-0.08	0.44	0.16	0.44	0.36	0.46	0.49	0.44		0.21	0.46	0.46	0.43	0.36	0.09
Other Current Assets	0.75	0.56	0.75	0.71	0.75	0.76	-0.56	-0.73	0.14	0.54	-0.04	0.09	0.75	0.48	0.75	0.76	0.72	0.78	0.75	0.21		0.75	0.82	0.68	0.79	-0.1
Net Tangible Assets	0.99	0.71	0.82	0.78	0.99	0.87	-0.35	-0.93	0.19	0.35	-0.13	-0.38	0.99	0.32	0.97	0.97	0.79	0.91	0.99	0.46	0.75		0.86	0.93	0.75	-0.21
Property Plant Equipment	0.83	0.86	0.89	0.81	0.83	0.98	-0.16	-0.88	0.11	0.15	-0.06	0.04	0.83	0.33	0.93	0.88	0.86	0.99	0.83	0.46	0.82	0.86		0.79	0.83	0.04
Capital Surpluse	0.92	0.65	0.78	0.72	0.92	0.83	-0.47	-0.9	0.14	0.47	-0.2	-0.31	0.92	0.54	0.93	0.93	0.73	0.85	0.92	0.43	0.68	0.93	0.79		0.71	-0.41
Current Deferred Revenue	0.79	0.63	0.76	0.71	0.79	0.75	-0.19	-0.81	0.15	0.18	-0.1	0.01	0.79	0.37	0.83	0.79	0.72	0.81	0.79	0.36	0.79	0.75	0.83	0.71		-0.16
Non Current Liabilities Total	-0.22	0.23	0.02	0.11	-0.24	0.02	0.47	0.24	0.26	-0.46	0.34	0.36	-0.23	-0.48	-0.18	-0.16	0.15	-0.01	-0.24	0.09	-0.1	-0.21	0.04	-0.41	-0.16

Click cells to compare fundamentals

DiaMedica Therapeutics Account Relationship Matchups

DiaMedica Therapeutics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1M	28.1M	45.6M	34.4M	54.2M	56.9M
Short Long Term Debt Total	178K	118K	52K	469K	400K	221.3K
Other Current Liab	1.1M	864K	966K	1.4M	1.8M	1.9M
Total Current Liabilities	1.3M	2.0M	1.5M	2.2M	2.8M	2.9M
Total Stockholder Equity	7.6M	26.0M	44.0M	31.8M	51.1M	53.6M
Property Plant And Equipment Net	217K	174K	112K	560K	485K	509.3K
Net Debt	(3.7M)	(7.3M)	(4.7M)	(4.3M)	(4.1M)	(4.4M)
Retained Earnings	(56.6M)	(68.9M)	(82.5M)	(96.2M)	(115.6M)	(109.8M)
Accounts Payable	182K	1.1M	509K	734K	926K	563.1K
Cash	3.9M	7.4M	4.7M	4.7M	4.5M	3.5M
Non Current Assets Total	217K	174K	112K	560K	485.0K	638.8K
Non Currrent Assets Other	217K	100K	(40.4M)	(1.0)	(0.9)	(0.94)
Cash And Short Term Investments	7.9M	27.5M	45.1M	33.5M	52.9M	55.5M
Net Receivables	823K	340K	130K	82K	369K	387.5K
Common Stock Shares Outstanding	12.0M	15.7M	20.8M	26.4M	32.6M	34.2M
Liabilities And Stockholders Equity	9.1M	28.1M	45.6M	34.4M	54.2M	56.9M
Other Stockholder Equity	64.2M	94.9M	126.6M	128.1M	166.6M	174.9M
Total Liab	1.4M	2.1M	1.5M	2.6M	3.1M	3.3M
Property Plant And Equipment Gross	217K	174K	179K	560K	585K	614.3K
Total Current Assets	8.8M	27.9M	45.4M	33.8M	53.7M	56.4M
Accumulated Other Comprehensive Income	2K	(2K)	(51K)	(74K)	6K	5.7K
Short Term Debt	60K	65K	49K	69K	83K	87.2K
Other Current Assets	47K	64K	84K	251K	411K	431.6K
Net Tangible Assets	17.0M	7.6M	26.0M	44.0M	50.6M	53.2M
Short Term Investments	4.0M	20.1M	40.4M	28.8M	48.4M	50.8M
Property Plant Equipment	217K	74K	112K	560K	644K	676.2K
Capital Surpluse	41.0M	63.0M	64.2M	94.9M	109.2M	114.6M
Non Current Liabilities Total	118K	53K	3K	400K	317K	158.5K
Capital Lease Obligations	178K	118K	52K	469K	400K	420K
Net Invested Capital	7.6M	26.0M	44.0M	31.8M	51.1M	28.0M
Net Working Capital	7.5M	25.9M	43.9M	31.7M	50.9M	27.8M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DiaMedica Therapeutics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DiaMedica Therapeutics' short interest history, or implied volatility extrapolated from DiaMedica Therapeutics options trading.

Pair Trading with DiaMedica Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DiaMedica Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DiaMedica Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against DiaMedica Stock

0.71	ELYM	Eliem Therapeutics Upward Rally	Pair Corr
0.65	ACB	Aurora Cannabis Sell-off Trend	Pair Corr
0.6	CGC	Canopy Growth Corp Financial Report 27th of June 2024	Pair Corr

The ability to find closely correlated positions to DiaMedica Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DiaMedica Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DiaMedica Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DiaMedica Therapeutics to buy it.

The correlation of DiaMedica Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DiaMedica Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DiaMedica Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for DiaMedica Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether DiaMedica Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DiaMedica Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamedica Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamedica Therapeutics Stock:

How To Invest In DiaMedica

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Is DiaMedica Stock a good investment?

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What is DiaMedica Therapeutics' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiaMedica Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.

Note that the DiaMedica Therapeutics information on this page should be used as a complementary analysis to other DiaMedica Therapeutics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for DiaMedica Stock analysis

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

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Is DiaMedica Therapeutics' industry 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 DiaMedica Therapeutics. If investors know DiaMedica 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 DiaMedica Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.60)

Return On Assets

(0.30)

Return On Equity

(0.47)

The market value of DiaMedica Therapeutics is measured differently than its book value, which is the value of DiaMedica that is recorded on the company's balance sheet. Investors also form their own opinion of DiaMedica Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is DiaMedica Therapeutics' 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 DiaMedica Therapeutics' market value can be influenced by many factors that don't directly affect DiaMedica Therapeutics' 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 DiaMedica Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if DiaMedica Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DiaMedica Therapeutics' 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.

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DiaMedica Income Before Tax vs Total Operating Expenses Analysis

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Income Before Tax

Total Operating Expenses

DiaMedica Therapeutics fundamental ratios Correlations

DiaMedica Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DiaMedica Therapeutics fundamental ratios Accounts

Pair Trading with DiaMedica Therapeutics

Moving against DiaMedica Stock

Complementary Tools for DiaMedica Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash	- 1.0	Net Debt
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.96	Retained Earnings
Net Tangible Assets	- 0.93	Retained Earnings
Total Current Assets	- 0.93	Retained Earnings
Cash And Short Term Investments	- 0.93	Retained Earnings