ATRION Operating Income vs Income Before Tax Analysis

ATRI Stock

USD 455.84 40.15 8.09%

ATRION financial indicator trend analysis is way more than just evaluating ATRION prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATRION is a good investment. Please check the relationship between ATRION Operating Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATRION. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATRION Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between ATRION's Operating Income and Income Before Tax is 0.78. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ATRION, assuming nothing else is changed. The correlation between historical values of ATRION's Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ATRION are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., ATRION's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from ATRION operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ATRION is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

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

Most indicators from ATRION's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATRION 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ATRION. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.As of now, ATRION's Sales General And Administrative To Revenue is increasing as compared to previous years. The ATRION's current Enterprise Value is estimated to increase to about 940.3 M, while Selling General Administrative is projected to decrease to under 15.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	69.4M	75.9M	62.4M	38.8M
Total Revenue	165.0M	183.5M	169.3M	122.1M

Gross Profit Total Revenue

ATRION 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		-0.68	-0.61	-0.18	1.0	0.92	-0.13	0.97	0.12	0.96	0.45	0.25	0.41	-0.78	0.04	0.84	-0.21	-0.7	-0.14	0.73	0.74	-0.71	-0.46	-0.26	0.67	0.67
Short Long Term Debt Total	-0.68		0.98	0.76	-0.69	-0.58	0.26	-0.61	-0.23	-0.67	0.2	-0.35	0.11	0.97	-0.6	-0.44	0.42	0.28	0.33	-0.29	-0.55	0.99	0.21	0.81	-0.62	-0.61
Other Current Liab	-0.61	0.98		0.82	-0.62	-0.54	0.22	-0.55	-0.2	-0.62	0.28	-0.28	0.17	0.94	-0.59	-0.41	0.46	0.21	0.42	-0.27	-0.44	0.98	0.21	0.84	-0.62	-0.62
Total Current Liabilities	-0.18	0.76	0.82		-0.21	-0.1	0.3	-0.12	-0.28	-0.19	0.45	-0.25	0.58	0.64	-0.66	-0.02	0.52	-0.16	0.58	0.14	-0.07	0.75	-0.01	0.98	-0.44	-0.44
Total Stockholder Equity	1.0	-0.69	-0.62	-0.21		0.92	-0.13	0.98	0.11	0.96	0.43	0.25	0.41	-0.79	0.03	0.85	-0.22	-0.7	-0.18	0.74	0.73	-0.72	-0.46	-0.28	0.69	0.69
Property Plant And Equipment Net	0.92	-0.58	-0.54	-0.1	0.92		0.21	0.95	-0.23	0.94	0.3	-0.11	0.47	-0.68	-0.2	0.97	-0.15	-0.77	-0.28	0.91	0.51	-0.64	-0.54	-0.14	0.8	0.8
Net Debt	-0.13	0.26	0.22	0.3	-0.13	0.21		-0.02	-1.0	0.06	-0.13	-0.88	0.16	0.25	-0.5	0.33	0.27	-0.28	-0.1	0.42	-0.53	0.2	-0.3	0.37	0.23	0.23
Retained Earnings	0.97	-0.61	-0.55	-0.12	0.98	0.95	-0.02		0.0	0.94	0.42	0.13	0.52	-0.73	-0.14	0.9	-0.14	-0.81	-0.26	0.81	0.68	-0.65	-0.45	-0.18	0.71	0.71
Cash	0.12	-0.23	-0.2	-0.28	0.11	-0.23	-1.0	0.0		-0.08	0.14	0.88	-0.16	-0.22	0.48	-0.34	-0.26	0.29	0.11	-0.43	0.52	-0.18	0.3	-0.34	-0.25	-0.25
Non Current Assets Total	0.96	-0.67	-0.62	-0.19	0.96	0.94	0.06	0.94	-0.08		0.39	0.03	0.36	-0.75	0.04	0.88	-0.12	-0.69	-0.14	0.76	0.58	-0.71	-0.53	-0.25	0.72	0.72
Non Currrent Assets Other	0.45	0.2	0.28	0.45	0.43	0.3	-0.13	0.42	0.14	0.39		0.21	0.44	0.07	-0.23	0.32	0.16	-0.47	0.38	0.29	0.41	0.18	-0.27	0.38	-0.02	-0.02
Cash And Short Term Investments	0.25	-0.35	-0.28	-0.25	0.25	-0.11	-0.88	0.13	0.88	0.03	0.21		-0.08	-0.35	0.53	-0.26	-0.3	0.12	0.2	-0.32	0.7	-0.28	0.16	-0.35	-0.24	-0.24
Net Receivables	0.41	0.11	0.17	0.58	0.41	0.47	0.16	0.52	-0.16	0.36	0.44	-0.08		-0.09	-0.57	0.48	0.31	-0.69	0.07	0.58	0.49	0.09	-0.1	0.54	0.18	0.18
Common Stock Shares Outstanding	-0.78	0.97	0.94	0.64	-0.79	-0.68	0.25	-0.73	-0.22	-0.75	0.07	-0.35	-0.09		-0.46	-0.55	0.36	0.44	0.34	-0.4	-0.67	0.97	0.25	0.72	-0.67	-0.67
Non Current Liabilities Total	0.04	-0.6	-0.59	-0.66	0.03	-0.2	-0.5	-0.14	0.48	0.04	-0.23	0.53	-0.57	-0.46		-0.35	-0.35	0.41	0.21	-0.5	0.23	-0.53	0.16	-0.71	-0.1	-0.1
Inventory	0.84	-0.44	-0.41	-0.02	0.85	0.97	0.33	0.9	-0.34	0.88	0.32	-0.26	0.48	-0.55	-0.35		-0.13	-0.77	-0.34	0.94	0.37	-0.52	-0.53	-0.05	0.83	0.83
Other Current Assets	-0.21	0.42	0.46	0.52	-0.22	-0.15	0.27	-0.14	-0.26	-0.12	0.16	-0.3	0.31	0.36	-0.35	-0.13		-0.16	0.28	-0.04	-0.2	0.43	-0.02	0.51	-0.33	-0.33
Other Stockholder Equity	-0.7	0.28	0.21	-0.16	-0.7	-0.77	-0.28	-0.81	0.29	-0.69	-0.47	0.12	-0.69	0.44	0.41	-0.77	-0.16		0.2	-0.74	-0.44	0.33	0.27	-0.1	-0.52	-0.52
Total Liab	-0.14	0.33	0.42	0.58	-0.18	-0.28	-0.1	-0.26	0.11	-0.14	0.38	0.2	0.07	0.34	0.21	-0.34	0.28	0.2		-0.29	0.1	0.39	0.12	0.51	-0.65	-0.65
Property Plant And Equipment Gross	0.73	-0.29	-0.27	0.14	0.74	0.91	0.42	0.81	-0.43	0.76	0.29	-0.32	0.58	-0.4	-0.5	0.94	-0.04	-0.74	-0.29		0.32	-0.37	-0.54	0.13	0.71	0.71
Total Current Assets	0.74	-0.55	-0.44	-0.07	0.73	0.51	-0.53	0.68	0.52	0.58	0.41	0.7	0.49	-0.67	0.23	0.37	-0.2	-0.44	0.1	0.32		-0.53	-0.16	-0.2	0.29	0.29
Short Term Debt	-0.71	0.99	0.98	0.75	-0.72	-0.64	0.2	-0.65	-0.18	-0.71	0.18	-0.28	0.09	0.97	-0.53	-0.52	0.43	0.33	0.39	-0.37	-0.53		0.25	0.81	-0.69	-0.69
Intangible Assets	-0.46	0.21	0.21	-0.01	-0.46	-0.54	-0.3	-0.45	0.3	-0.53	-0.27	0.16	-0.1	0.25	0.16	-0.53	-0.02	0.27	0.12	-0.54	-0.16	0.25		-0.01	-0.42	-0.42
Accounts Payable	-0.26	0.81	0.84	0.98	-0.28	-0.14	0.37	-0.18	-0.34	-0.25	0.38	-0.35	0.54	0.72	-0.71	-0.05	0.51	-0.1	0.51	0.13	-0.2	0.81	-0.01		-0.46	-0.46
Common Stock Total Equity	0.67	-0.62	-0.62	-0.44	0.69	0.8	0.23	0.71	-0.25	0.72	-0.02	-0.24	0.18	-0.67	-0.1	0.83	-0.33	-0.52	-0.65	0.71	0.29	-0.69	-0.42	-0.46		1.0
Common Stock	0.67	-0.61	-0.62	-0.44	0.69	0.8	0.23	0.71	-0.25	0.72	-0.02	-0.24	0.18	-0.67	-0.1	0.83	-0.33	-0.52	-0.65	0.71	0.29	-0.69	-0.42	-0.46	1.0

Click cells to compare fundamentals

ATRION Account Relationship Matchups

ATRION fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	262.0M	266.9M	267.3M	264.7M	260.8M	273.9M
Other Current Liab	5.6M	7.0M	6.2M	6.0M	6.0M	5.0M
Total Current Liabilities	11.3M	13.6M	13.3M	18.1M	12.6M	9.7M
Total Stockholder Equity	237.9M	240.4M	244.3M	239.5M	242.9M	255.0M
Property Plant And Equipment Net	84.6M	94.9M	98.0M	123.8M	125.3M	131.6M
Net Debt	(45.0M)	(22.5M)	(32.3M)	(4.7M)	(3.3M)	(3.5M)
Retained Earnings	317.7M	337.7M	357.3M	377.7M	381.8M	400.8M
Cash	45.0M	22.5M	32.3M	4.7M	3.6M	3.4M
Non Current Assets Total	129.7M	154.6M	130.7M	145.3M	146.1M	153.4M
Non Currrent Assets Other	13.3M	13.4M	13.3M	(5.1M)	674K	640.3K
Cash And Short Term Investments	68.8M	41.7M	61.3M	25.9M	6.3M	5.9M
Net Receivables	18.9M	16.4M	21.0M	24.0M	23.0M	15.4M
Common Stock Shares Outstanding	1.9M	1.8M	1.8M	1.8M	1.8M	2.0M
Liabilities And Stockholders Equity	262.0M	266.9M	267.3M	264.7M	260.8M	273.9M
Non Current Liabilities Total	12.9M	12.8M	9.6M	7.1M	5.3M	5.0M
Inventory	42.1M	50.3M	50.8M	65.8M	82.3M	86.4M
Other Current Assets	2.5M	3.9M	3.4M	3.8M	3.2M	2.9M
Other Stockholder Equity	(80.2M)	(97.6M)	(113.4M)	(138.5M)	(139.2M)	(132.2M)
Total Liab	24.2M	26.4M	23.0M	25.2M	17.9M	17.6M
Property Plant And Equipment Gross	84.6M	94.9M	233.2M	270.6M	286.4M	300.8M
Total Current Assets	132.3M	112.3M	136.6M	119.4M	114.8M	58.7M
Intangible Assets	1.5M	1.4M	1.3M	1.2M	1.1M	1.0M
Accounts Payable	5.7M	6.6M	7.1M	12.1M	6.6M	5.4M
Other Liab	12.9M	12.8M	9.6M	6.4M	7.4M	4.9M
Other Assets	2.0M	13.4M	13.3M	2.0M	(2.6M)	(2.4M)
Property Plant Equipment	84.6M	94.9M	98.0M	123.8M	142.3M	149.4M
Short Term Investments	23.8M	19.3M	29.1M	21.2M	2.7M	2.6M
Net Tangible Assets	226.6M	240.4M	234.6M	228.6M	262.9M	202.1M
Retained Earnings Total Equity	268.2M	291.8M	337.7M	357.3M	410.9M	263.1M
Capital Surpluse	50.4M	52.0M	53.5M	61.2M	70.4M	46.0M
Deferred Long Term Liab	2.0M	2.3M	2.3M	2.0M	1.8M	1.7M
Non Current Liabilities Other	4.4M	12.8M	2.5M	3.2M	2.9M	3.4M

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When determining whether ATRION offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATRION's 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 Atrion Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atrion Stock:

How To Invest In ATRION

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Is ATRION Stock a good investment?

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What is ATRION's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ATRION. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in ATRION Stock please use our How to Invest in ATRION guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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

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Is ATRION's 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 ATRION. If investors know ATRION 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 ATRION 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

(0.20)

Dividend Share

8.75

Earnings Share

10.61

Revenue Per Share

100.35

Quarterly Revenue Growth

0.184

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

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ATRION Operating Income vs Income Before Tax Analysis

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Operating Income

Income Before Tax

ATRION fundamental ratios Correlations

ATRION Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ATRION fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Short Term Debt	+ 0.99	Short Long Term Debt Total
Other Current Liab	+ 0.98	Short Long Term Debt Total
Short Term Debt	+ 0.98	Other Current Liab
Accounts Payable	+ 0.98	Total Current Liabilities

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.88	Net Debt
Other Stockholder Equity	- 0.81	Retained Earnings
Common Stock Shares Outstanding	- 0.79	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.78	Total Assets
Other Stockholder Equity	- 0.77	Inventory