Ekso Gross Profit vs Income Before Tax Analysis
EKSO Stock | USD 1.36 0.09 6.21% |
Ekso Bionics financial indicator trend analysis is much more than just examining Ekso Bionics Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ekso Bionics Holdings is a good investment. Please check the relationship between Ekso Bionics Gross Profit and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ekso Bionics Holdings. 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.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ekso Bionics Holdings Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ekso Bionics' Gross Profit and Income Before Tax is -0.09. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Ekso Bionics Holdings, assuming nothing else is changed. The correlation between historical values of Ekso Bionics' Gross Profit 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 Gross Profit of Ekso Bionics Holdings 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 Gross Profit i.e., Ekso Bionics' Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ekso Bionics Holdings minus its cost of goods sold. It is profit before Ekso Bionics 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 Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ekso Bionics income statement and is an important metric when analyzing Ekso Bionics Holdings 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 Ekso Bionics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ekso Bionics Holdings 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 Ekso Bionics Holdings. 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. As of the 18th of May 2024, Sales General And Administrative To Revenue is likely to grow to 1.01, while Selling General Administrative is likely to drop about 8.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.7M | 6.2M | 9.7M | 5.1M | Total Revenue | 11.2M | 12.9M | 18.3M | 12.3M |
Ekso Bionics fundamental ratios Correlations
Click cells to compare fundamentals
Ekso Bionics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ekso Bionics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.9M | 20.6M | 49.2M | 40.9M | 28.9M | 26.0M | |
Short Long Term Debt Total | 3.9M | 3.9M | 2.2M | 7.5M | 7.2M | 3.7M | |
Other Current Liab | 1.7M | 1.4M | 2.3M | 2.3M | 2.7M | 2.3M | |
Total Current Liabilities | 7.8M | 5.0M | 6.9M | 9.2M | 8.1M | 6.6M | |
Total Stockholder Equity | 6.8M | 4.4M | 37.2M | 25.4M | 12.6M | 13.6M | |
Net Debt | (7M) | (9.0M) | (38.2M) | (13.0M) | (1.5M) | (1.5M) | |
Retained Earnings | (183.3M) | (199.1M) | (208.9M) | (223.9M) | (239.1M) | (227.2M) | |
Cash | 10.9M | 12.9M | 40.4M | 20.5M | 8.6M | 16.1M | |
Cash And Short Term Investments | 10.9M | 12.9M | 40.4M | 20.5M | 8.6M | 8.2M | |
Common Stock Total Equity | 60K | 63K | 87K | 8K | 9.2K | 8.7K | |
Liabilities And Stockholders Equity | 21.9M | 20.6M | 49.2M | 40.9M | 28.9M | 26.0M | |
Non Current Liabilities Total | 7.3M | 11.2M | 5.1M | 6.3M | 8.2M | 7.4M | |
Total Liab | 15.1M | 16.2M | 11.9M | 15.5M | 16.3M | 13.4M | |
Total Current Assets | 18.8M | 18.4M | 47.8M | 31.0M | 20.2M | 22.1M | |
Short Term Debt | 2.8M | 548K | 229K | 2.7M | 1.6M | 1.1M | |
Common Stock | 63K | 87K | 8K | 13K | 15K | 14.3K | |
Common Stock Shares Outstanding | 4.8M | 7.2M | 12.3M | 13.0M | 13.9M | 14.6M | |
Other Stockholder Equity | 189.9M | 204.4M | 246.1M | 248.8M | 251.6M | 179.6M | |
Other Liab | 6.2M | 7.9M | 3.1M | 1.4M | 1.3M | 1.2M | |
Net Tangible Assets | 6.6M | 4.4M | 37.2M | 19.8M | 22.8M | 15.5M | |
Property Plant And Equipment Net | 2.7M | 1.9M | 1.2M | 4.0M | 3.0M | 2.7M | |
Current Deferred Revenue | 1.5M | 1.5M | 1.2M | 1.1M | 2.0M | 1.4M | |
Accounts Payable | 1.9M | 1.5M | 3.1M | 3.2M | 1.8M | 2.5M | |
Non Current Assets Total | 3.1M | 2.2M | 1.4M | 9.9M | 8.7M | 5.0M | |
Non Currrent Assets Other | 178K | 320K | 164K | 231K | 392K | 504.2K | |
Other Assets | 134K | 178K | 1.0M | 164K | 147.6K | 140.2K | |
Long Term Debt | 407K | 9.1M | 2.0M | 3.8M | 4.8M | 3.8M | |
Net Receivables | 5.2M | 3.4M | 4.7M | 4.6M | 5.6M | 3.9M | |
Long Term Debt Total | 4.8M | 2.6M | 407K | 9.1M | 10.5M | 11.0M | |
Capital Surpluse | 165.8M | 173.9M | 189.9M | 204.4M | 235.0M | 165.0M | |
Inventory | 2.5M | 2.0M | 2.2M | 5.2M | 5.1M | 2.9M | |
Other Current Assets | 238K | 191K | 485K | 700K | 875K | 597.9K | |
Property Plant And Equipment Gross | 2.7M | 1.9M | 1.2M | 4.0M | 6.2M | 6.5M | |
Accumulated Other Comprehensive Income | 50K | (847K) | (17K) | 563K | 156K | 163.8K | |
Property Plant Equipment | 2.7M | 1.2M | 1.2M | 4.0M | 4.6M | 2.6M |
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Is Ekso Bionics' 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 Ekso Bionics. If investors know Ekso 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 Ekso Bionics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 1.202 | Quarterly Revenue Growth (0.09) | Return On Assets (0.26) | Return On Equity (0.81) |
The market value of Ekso Bionics Holdings is measured differently than its book value, which is the value of Ekso that is recorded on the company's balance sheet. Investors also form their own opinion of Ekso Bionics' value that differs from its market value or its book value, called intrinsic value, which is Ekso Bionics' 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 Ekso Bionics' market value can be influenced by many factors that don't directly affect Ekso Bionics' 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 Ekso Bionics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ekso Bionics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ekso Bionics' 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.