Hudson Income Before Tax vs Gross Profit Analysis

HDSN Stock  USD 10.43  0.12  1.14%   
Hudson Technologies financial indicator trend analysis is much more than just examining Hudson Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hudson Technologies is a good investment. Please check the relationship between Hudson Technologies Income Before Tax and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hudson Technologies Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hudson Technologies' Income Before Tax and Gross Profit is 0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Hudson Technologies, assuming nothing else is changed. The correlation between historical values of Hudson Technologies' Income Before Tax and Gross Profit 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 Hudson Technologies are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Hudson Technologies' Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hudson Technologies minus its cost of goods sold. It is profit before Hudson Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Hudson Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hudson Technologies 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 Hudson Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.At this time, Hudson Technologies' Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Tax Provision is likely to grow to about 17.9 M, while Issuance Of Capital Stock is likely to drop about 37 K.
 2021 2022 2023 2024 (projected)
Interest Expense11.4M14.3M8.4M8.8M
Depreciation And Amortization5.3M2.8M5.8M6.1M

Hudson Technologies fundamental ratios Correlations

0.510.820.920.820.890.460.480.830.20.90.650.20.930.70.550.960.860.350.70.860.960.360.750.730.73
0.510.190.74-0.050.710.99-0.430.05-0.320.73-0.26-0.320.260.590.970.370.55-0.030.960.190.320.820.910.510.57
0.820.190.620.820.750.170.590.840.120.750.790.120.850.510.290.780.60.190.390.860.78-0.020.520.550.52
0.920.740.620.580.870.710.240.66-0.070.890.4-0.070.810.690.720.870.860.290.860.710.830.650.840.660.67
0.82-0.050.820.580.55-0.120.850.910.480.540.90.480.910.41-0.010.890.590.460.170.850.92-0.080.270.510.47
0.890.710.750.870.550.670.10.67-0.041.00.42-0.040.740.770.790.740.880.090.860.770.730.370.910.770.79
0.460.990.170.71-0.120.67-0.460.02-0.440.7-0.28-0.440.220.540.960.310.53-0.080.940.150.250.820.880.450.5
0.48-0.430.590.240.850.1-0.460.720.380.110.880.380.71-0.04-0.440.640.230.47-0.240.610.66-0.26-0.170.05-0.02
0.830.050.840.660.910.670.020.720.230.660.90.230.920.470.120.830.740.360.290.960.85-0.060.360.520.47
0.2-0.320.12-0.070.48-0.04-0.440.380.23-0.060.251.00.190.1-0.290.27-0.030.32-0.240.190.36-0.29-0.150.250.23
0.90.730.750.890.541.00.70.110.66-0.060.42-0.060.750.740.810.740.890.090.870.770.730.40.920.740.76
0.65-0.260.790.40.90.42-0.280.880.90.250.420.250.820.21-0.180.70.520.34-0.010.820.72-0.340.070.280.22
0.2-0.320.12-0.070.48-0.04-0.440.380.231.0-0.060.250.190.1-0.290.27-0.030.32-0.240.190.36-0.29-0.150.250.23
0.930.260.850.810.910.740.220.710.920.190.750.820.190.50.290.940.790.350.470.920.950.20.530.550.52
0.70.590.510.690.410.770.54-0.040.470.10.740.210.10.50.640.60.660.130.720.470.590.340.740.970.97
0.550.970.290.72-0.010.790.96-0.440.12-0.290.81-0.18-0.290.290.640.360.63-0.10.970.280.320.670.950.580.64
0.960.370.780.870.890.740.310.640.830.270.740.70.270.940.60.360.730.490.550.80.990.360.590.640.63
0.860.550.60.860.590.880.530.230.74-0.030.890.52-0.030.790.660.630.730.040.740.790.740.290.740.670.67
0.35-0.030.190.290.460.09-0.080.470.360.320.090.340.320.350.13-0.10.490.040.030.230.480.160.040.150.14
0.70.960.390.860.170.860.94-0.240.29-0.240.87-0.01-0.240.470.720.970.550.740.030.410.510.730.970.670.71
0.860.190.860.710.850.770.150.610.960.190.770.820.190.920.470.280.80.790.230.410.830.010.510.550.51
0.960.320.780.830.920.730.250.660.850.360.730.720.360.950.590.320.990.740.480.510.830.290.560.650.63
0.360.82-0.020.65-0.080.370.82-0.26-0.06-0.290.4-0.34-0.290.20.340.670.360.290.160.730.010.290.620.250.29
0.750.910.520.840.270.910.88-0.170.36-0.150.920.07-0.150.530.740.950.590.740.040.970.510.560.620.720.75
0.730.510.550.660.510.770.450.050.520.250.740.280.250.550.970.580.640.670.150.670.550.650.250.720.99
0.730.570.520.670.470.790.5-0.020.470.230.760.220.230.520.970.640.630.670.140.710.510.630.290.750.99
Click cells to compare fundamentals

Hudson Technologies Account Relationship Matchups

Hudson Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets180.2M161.6M218.0M272.5M296.7M311.5M
Short Long Term Debt Total104.7M91.2M98.9M49.0M6.7M6.3M
Other Current Liab18.8M20.8M3.0M34.2M33.3M34.9M
Total Current Liabilities46.1M37.8M66.8M52.6M58.6M61.5M
Total Stockholder Equity45.1M40.6M70.9M174.9M228.8M240.2M
Property Plant And Equipment Net31.7M28.5M26.9M27.9M26.0M27.3M
Net Debt102.1M89.9M95.4M43.7M(5.8M)(5.5M)
Retained Earnings(72.9M)(78.1M)(45.8M)58.0M110.2M115.7M
Accounts Payable10.3M7.6M12.0M14.2M23.4M24.6M
Cash2.6M1.3M3.5M5.3M12.4M13.1M
Non Current Assets Total105.7M99.5M95.8M95.7M91.7M96.3M
Non Currrent Assets Other192K85K710K2.4M3.1M3.3M
Cash And Short Term Investments2.6M1.3M3.5M5.3M12.4M13.1M
Net Receivables8.1M9.8M14.2M20.9M30.6M32.1M
Common Stock Shares Outstanding42.6M42.7M46.6M47.1M47.3M25.4M
Liabilities And Stockholders Equity180.2M161.6M218.0M272.5M296.7M311.5M
Non Current Liabilities Total88.9M83.3M80.3M45.0M9.3M8.9M
Inventory59.2M44.5M94.1M145.4M154.5M162.2M
Other Current Assets4.5M6.5M10.4M5.3M7.5M7.9M
Other Stockholder Equity117.6M(244.7M)62.3M116.4M118.1M124.0M
Total Liab135.0M121.0M147.1M97.6M67.9M43.8M
Property Plant And Equipment Gross31.7M28.5M26.9M27.9M65.7M69.0M
Total Current Assets74.4M62.1M122.3M176.8M205.0M215.2M
Accumulated Other Comprehensive Income(27.2M)363M54M(361M)(143M)(135.9M)
Short Term Debt17.0M9.3M20.2M4.3M1.9M1.8M
Intangible Assets26.0M23.2M20.4M17.6M14.8M9.4M
Other Liab1.2M1.4M1.7M244K280.6K266.6K
Other Assets192K6.6M710K2.4M2.7M2.4M
Long Term Debt82.0M78.0M73.1M39.0M44.8M24.6M
Property Plant Equipment23.7M21.9M26.9M20.6M23.7M24.8M
Net Tangible Assets(28.7M)(30.3M)2.8M109.5M98.6M103.5M
Retained Earnings Total Equity(72.9M)(78.1M)(45.8M)58.0M52.2M54.8M
Long Term Debt Total101.2M98.3M82.0M78.0M89.7M94.2M
Capital Surpluse117.6M118.3M116.3M116.4M133.9M97.9M
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 Hudson Technologies 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, Hudson Technologies' short interest history, or implied volatility extrapolated from Hudson Technologies options trading.

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When determining whether Hudson Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hudson Technologies' 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 Hudson Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hudson Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hudson Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Hudson Stock, please use our How to Invest in Hudson Technologies guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is Hudson Technologies' 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 Hudson Technologies. If investors know Hudson 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 Hudson Technologies 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
(0.21)
Earnings Share
1.1
Revenue Per Share
6.368
Quarterly Revenue Growth
(0.06)
Return On Assets
0.1717
The market value of Hudson Technologies is measured differently than its book value, which is the value of Hudson that is recorded on the company's balance sheet. Investors also form their own opinion of Hudson Technologies' value that differs from its market value or its book value, called intrinsic value, which is Hudson Technologies' 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 Hudson Technologies' market value can be influenced by many factors that don't directly affect Hudson Technologies' 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 Hudson Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudson Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudson Technologies' 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.