Energy Gross Profit vs Income Tax Expense Analysis

EFOI Stock  USD 1.59  0.02  1.27%   
Energy Focu financial indicator trend analysis is much more than just examining Energy Focu latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Focu is a good investment. Please check the relationship between Energy Focu Gross Profit and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Focu. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Focu guide.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Focu Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Energy Focu's Gross Profit and Income Tax Expense is 0.07. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Energy Focu, assuming nothing else is changed. The correlation between historical values of Energy Focu's Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Energy Focu are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Energy Focu's Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Energy Focu minus its cost of goods sold. It is profit before Energy Focu 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.

Income Tax Expense

Most indicators from Energy Focu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Focu 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 Energy Focu. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Focu guide.The Energy Focu's current Selling General Administrative is estimated to increase to about 7.5 M, while Discontinued Operations is forecasted to increase to (10.3 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses10.4M8.6M4.2M4.0M
Cost Of Revenue8.2M6.3M5.5M5.2M

Energy Focu fundamental ratios Correlations

-0.210.710.240.970.54-0.960.130.520.980.20.130.980.85-0.25-0.310.560.330.180.120.98-0.30.39-0.26-0.23-0.15
-0.210.010.29-0.320.250.44-0.55-0.28-0.30.22-0.21-0.29-0.210.00.420.010.060.420.4-0.260.770.120.230.240.26
0.710.010.70.550.58-0.570.240.710.620.660.430.620.76-0.50.020.180.66-0.080.630.61-0.180.340.30.10.16
0.240.290.70.010.4-0.06-0.190.760.140.50.090.150.32-0.070.150.110.440.190.940.190.110.260.230.090.16
0.97-0.320.550.010.45-0.980.160.340.980.050.060.980.77-0.22-0.420.580.20.16-0.130.96-0.310.34-0.38-0.33-0.26
0.540.250.580.40.45-0.4-0.10.250.460.680.030.460.590.0-0.060.24-0.010.270.330.510.180.870.0-0.22-0.14
-0.960.44-0.57-0.06-0.98-0.4-0.25-0.46-0.99-0.07-0.12-0.98-0.810.190.39-0.48-0.18-0.080.08-0.960.47-0.320.340.280.22
0.13-0.550.24-0.190.16-0.1-0.250.150.170.280.710.160.36-0.620.06-0.520.15-0.94-0.150.05-0.65-0.190.380.280.2
0.52-0.280.710.760.340.25-0.460.150.470.360.330.470.61-0.090.070.120.47-0.040.710.49-0.480.190.130.120.19
0.98-0.30.620.140.980.46-0.990.170.470.110.091.00.83-0.2-0.340.510.220.150.010.98-0.380.35-0.32-0.25-0.19
0.20.220.660.50.050.68-0.070.280.360.110.590.10.45-0.350.41-0.330.32-0.270.580.08-0.040.540.60.320.28
0.13-0.210.430.090.060.03-0.120.710.330.090.590.070.42-0.630.51-0.460.54-0.70.250.02-0.53-0.130.650.620.57
0.98-0.290.620.150.980.46-0.980.160.471.00.10.070.82-0.2-0.350.520.220.160.010.98-0.360.35-0.32-0.26-0.2
0.85-0.210.760.320.770.59-0.810.360.610.830.450.420.82-0.240.030.140.31-0.090.30.82-0.50.460.090.110.24
-0.250.0-0.5-0.07-0.220.00.19-0.62-0.09-0.2-0.35-0.63-0.2-0.24-0.060.1-0.620.6-0.08-0.10.070.34-0.43-0.22-0.14
-0.310.420.020.15-0.42-0.060.390.060.07-0.340.410.51-0.350.03-0.06-0.570.28-0.20.47-0.35-0.15-0.10.780.930.86
0.560.010.180.110.580.24-0.48-0.520.120.51-0.33-0.460.520.140.1-0.570.190.69-0.090.610.290.14-0.68-0.59-0.49
0.330.060.660.440.2-0.01-0.180.150.470.220.320.540.220.31-0.620.280.19-0.120.490.23-0.13-0.290.470.430.43
0.180.42-0.080.190.160.27-0.08-0.94-0.040.15-0.27-0.70.16-0.090.6-0.20.69-0.120.10.280.520.31-0.51-0.39-0.28
0.120.40.630.94-0.130.330.08-0.150.710.010.580.250.010.3-0.080.47-0.090.490.10.060.050.20.460.390.43
0.98-0.260.610.190.960.51-0.960.050.490.980.080.020.980.82-0.1-0.350.610.230.280.06-0.320.38-0.37-0.28-0.18
-0.30.77-0.180.11-0.310.180.47-0.65-0.48-0.38-0.04-0.53-0.36-0.50.07-0.150.29-0.130.520.05-0.320.07-0.19-0.32-0.28
0.390.120.340.260.340.87-0.32-0.190.190.350.54-0.130.350.460.34-0.10.14-0.290.310.20.380.07-0.12-0.27-0.2
-0.260.230.30.23-0.380.00.340.380.13-0.320.60.65-0.320.09-0.430.78-0.680.47-0.510.46-0.37-0.19-0.120.80.71
-0.230.240.10.09-0.33-0.220.280.280.12-0.250.320.62-0.260.11-0.220.93-0.590.43-0.390.39-0.28-0.32-0.270.80.94
-0.150.260.160.16-0.26-0.140.220.20.19-0.190.280.57-0.20.24-0.140.86-0.490.43-0.280.43-0.18-0.28-0.20.710.94
Click cells to compare fundamentals

Energy Focu Account Relationship Matchups

Energy Focu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.7M12.4M14.4M8.5M10.2M9.7M
Short Long Term Debt Total5.4M4.2M4.2M6.1M2.3M2.3M
Other Current Liab1.0M1.4M1.4M665K585K555.8K
Total Current Liabilities6.5M7.6M8.2M7.9M6.4M6.7M
Total Stockholder Equity4.0M4.3M6.2M(477K)3.1M2.9M
Property Plant And Equipment Net2M1.3M967K1.3M1.0M1.6M
Net Debt5.0M2.3M1.6M6.1M314.0K329.7K
Retained Earnings(124.9M)(130.9M)(138.7M)(149.0M)(153.3M)(145.6M)
Accounts Payable1.3M2.5M2.2M2.2M3.8M3.3M
Cash350K1.8M2.7M52K2.0M1.9M
Non Current Assets Total804K2.4M1.3M967K1.0M960.4K
Non Currrent Assets Other63K(1.3M)(967K)(1.3M)(1.1M)(1.1M)
Cash And Short Term Investments350K2.6M3.4M644K2.0M1.9M
Net Receivables2.3M2.0M1.2M890K1.8M3.4M
Common Stock Shares Outstanding351.7K467.1K651.6K1.2M3.2M3.4M
Liabilities And Stockholders Equity11.7M12.4M14.4M8.5M10.2M9.7M
Non Current Liabilities Total1.2M584K26K1.0M798K877.7K
Inventory6.2M5.6M7.9M5.5M5.2M5.7M
Other Current Assets479K782K924K232K156K148.2K
Other Stockholder Equity128.9M135.1M145.0M148.5M156.4M164.2M
Total Liab7.7M8.1M8.2M9.0M7.1M7.5M
Total Current Assets9.3M11.1M13.4M7.2M9.2M17.8M
Short Term Debt4.2M3.6M4.2M5.1M1.5M1.6M
Property Plant And Equipment Gross2M1.3M967K1.3M2.4M1.8M
Other Assets194K405K901K1.00.90.86
Property Plant Equipment610K389K1.3M967K870.3K826.8K
Short Term Investments126K796K712K592K532.8K506.2K
Current Deferred Revenue18K72K268K450K405K379.9K
Net Tangible Assets11.1M4.0M4.3M6.2M7.1M13.3M
Retained Earnings Total Equity(108.2M)(117.3M)(124.9M)(130.9M)(117.8M)(123.7M)
Capital Surpluse127.5M128.4M128.9M135.1M155.4M124.0M
Non Current Liabilities Other232K200K1.1M(1K)(1.2K)(1.1K)
Short Long Term Debt3.3M2.8M3.9M4.9M1.3M1.3M
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 Energy Focu 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, Energy Focu's short interest history, or implied volatility extrapolated from Energy Focu options trading.

Pair Trading with Energy Focu

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 Energy Focu 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 Energy Focu will appreciate offsetting losses from the drop in the long position's value.

Moving against Energy Stock

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The ability to find closely correlated positions to Energy Focu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Focu 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 Energy Focu - 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 Energy Focu to buy it.
The correlation of Energy Focu 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 Energy Focu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Focu 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 Energy Focu 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 CorrelationCorrelation Matching
When determining whether Energy Focu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Focu'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 Energy Focu Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Focu Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Focu. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Focu guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Energy Focu's price analysis, check to measure Energy Focu'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 Energy Focu is operating at the current time. Most of Energy Focu's value examination focuses on studying past and present price action to predict the probability of Energy Focu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Focu's price. Additionally, you may evaluate how the addition of Energy Focu to your portfolios can decrease your overall portfolio volatility.
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Is Energy Focu'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 Energy Focu. If investors know Energy 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 Energy Focu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
1.764
Quarterly Revenue Growth
2.609
Return On Assets
(0.27)
Return On Equity
(3.34)
The market value of Energy Focu is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Focu's value that differs from its market value or its book value, called intrinsic value, which is Energy Focu'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 Energy Focu's market value can be influenced by many factors that don't directly affect Energy Focu'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 Energy Focu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Focu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Focu'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.