LuxUrban Net Income vs Income Before Tax Analysis
| LUXHP Stock | 16.49 1.33 8.77% |
LuxUrban Hotels financial indicator trend analysis is infinitely more than just investigating LuxUrban Hotels 1300 recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LuxUrban Hotels 1300 is a good investment. Please check the relationship between LuxUrban Hotels Net Income and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LuxUrban Hotels 1300. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in LuxUrban Stock, please use our How to Invest in LuxUrban Hotels guide.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LuxUrban Hotels 1300 Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between LuxUrban Hotels' Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of LuxUrban Hotels 1300, assuming nothing else is changed. The correlation between historical values of LuxUrban Hotels' Net 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 Net Income of LuxUrban Hotels 1300 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 Net Income i.e., LuxUrban Hotels' Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in LuxUrban Hotels 1300 financial statement analysis. It represents the amount of money remaining after all of LuxUrban Hotels 1300 operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on LuxUrban Hotels income statement and is an important metric when analyzing LuxUrban Hotels 1300 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 LuxUrban Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LuxUrban Hotels 1300 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LuxUrban Hotels 1300. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in LuxUrban Stock, please use our How to Invest in LuxUrban Hotels guide.As of 06/12/2024, Selling General Administrative is likely to grow to about 39.7 M. Also, Issuance Of Capital Stock is likely to grow to about 6.2 M
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 22.1M | 44.9M | 143.9M | 151.1M | Cost Of Revenue | 19.3M | 31.5M | 104.5M | 109.7M |
LuxUrban Hotels fundamental ratios Correlations
Click cells to compare fundamentals
LuxUrban Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LuxUrban Hotels' price analysis, check to measure LuxUrban Hotels' 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 LuxUrban Hotels is operating at the current time. Most of LuxUrban Hotels' value examination focuses on studying past and present price action to predict the probability of LuxUrban Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LuxUrban Hotels' price. Additionally, you may evaluate how the addition of LuxUrban Hotels to your portfolios can decrease your overall portfolio volatility.