Alset Gross Profit vs Income Tax Expense Analysis
AEI Stock | USD 1.12 0.01 0.88% |
Alset Ehome financial indicator trend analysis is way more than just evaluating Alset Ehome International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alset Ehome International is a good investment. Please check the relationship between Alset Ehome Gross Profit and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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 Alset Ehome International Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alset Ehome's Gross Profit and Income Tax Expense is 0.37. 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 Alset Ehome International, assuming nothing else is changed. The correlation between historical values of Alset Ehome'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 Alset Ehome International 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., Alset Ehome's Gross Profit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Alset Ehome International minus its cost of goods sold. It is profit before Alset Ehome 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 Alset Ehome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alset Ehome International 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 Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of now, Alset Ehome's Enterprise Value Multiple is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 34.8M | 11.6M | 1.2M | 1.2M | Interest Income | 183.6K | 67.5K | 525.9K | 552.2K |
Alset Ehome fundamental ratios Correlations
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Alset Ehome Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alset Ehome fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 2.2M | 1.3M | (1.3M) | (137.3K) | 3.0M | 3.2M | |
Total Current Liabilities | 7.0M | 7.8M | 13.5M | 3.2M | 8.3M | 8.0M | |
Net Tangible Assets | 20.0M | 15.2M | 57.1M | 148.4M | 170.6M | 179.2M | |
Retained Earnings | (40.5M) | (43.0M) | (148.2M) | (188.7M) | (247.9M) | (235.5M) | |
Accounts Payable | 4.0M | 1.7M | 11.3M | 3.0M | 4.4M | 5.0M | |
Other Assets | 38.9M | 23.9M | 21.3M | 40.6M | 36.5M | 30.2M | |
Net Receivables | 852.1K | 1.4M | 13.2M | 4.1M | 77.5K | 73.6K | |
Other Current Assets | 4.8M | 9.6M | 6.2M | 882.6K | 6.8M | 5.3M | |
Other Stockholder Equity | 54.3M | 102.7M | 296.2M | 322.5M | 332.5M | 167.0M | |
Total Current Assets | 11.8M | 81.9M | 142.7M | 95.4M | 55.5M | 56.8M | |
Property Plant Equipment | 103.4K | 226.3K | 660.1K | 923.5K | 1.1M | 1.1M | |
Total Assets | 35.9M | 103.3M | 184.2M | 153.5M | 126.3M | 111.9M | |
Short Long Term Debt Total | 5.7M | 2.9M | 1.8M | 1.8M | 1.7M | 1.6M | |
Total Stockholder Equity | 15.2M | 57.1M | 148.4M | 137.7M | 88.2M | 76.9M | |
Property Plant And Equipment Net | 226.3K | 660.1K | 923.5K | 2.9M | 2.2M | 1.1M | |
Current Deferred Revenue | 258.6K | 2.9M | 728.3K | 21.2K | 2.1K | 2.0K | |
Net Debt | 2.9M | (19.2M) | (54.2M) | (16.0M) | (25.2M) | (24.0M) | |
Cash | 2.8M | 22.1M | 56.1M | 17.8M | 26.9M | 20.2M | |
Non Current Assets Total | 24.1M | 21.4M | 41.5M | 58.1M | 70.9M | 48.0M | |
Non Currrent Assets Other | 23.9M | (87.0M) | (143.7M) | 121.4M | 68.6M | 72.0M | |
Long Term Debt | 9.0M | 5.0M | 636.4K | 126.2K | 113.6K | 107.9K | |
Cash And Short Term Investments | 6.0M | 71.3M | 123.3M | 90.4M | 48.5M | 54.9M | |
Short Term Investments | 3.2M | 49.1M | 67.2M | 72.6M | 21.6M | 34.7M | |
Liabilities And Stockholders Equity | 35.9M | 103.3M | 184.2M | 153.5M | 126.3M | 111.9M | |
Non Current Liabilities Total | 6.6M | 829.7K | 383.4K | 1.6M | 722.0K | 685.9K | |
Inventory | 116.7K | 90.1K | 47.3K | 35.0K | 5.6K | 5.3K | |
Total Liab | 13.6M | 8.6M | 13.9M | 4.8M | 9.1M | 10.9M | |
Net Invested Capital | 20.8M | 59.4M | 149.5M | 137.8M | 108.8M | 86.0M | |
Property Plant And Equipment Gross | 226.3K | 660.1K | 923.5K | 2.9M | 2.2M | 1.1M | |
Short Long Term Debt | 567.1K | 1.7M | 1.2M | 194.5K | 47.6K | 45.2K | |
Accumulated Other Comprehensive Income | 1.5M | 2.2M | 341.6K | 3.8M | 3.6M | 2.7M | |
Net Working Capital | 4.7M | 74.1M | 129.2M | 92.2M | 47.1M | 54.3M | |
Short Term Debt | 626.0K | 3.1M | 1.7M | 285.6K | 951.0K | 1.9M |
Currently Active Assets on Macroaxis
When determining whether Alset Ehome International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alset Ehome'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 Alset Ehome International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alset Ehome International Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Real Estate Management & Development space 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 Alset Ehome. If investors know Alset 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 Alset Ehome listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.34) | Revenue Per Share 0.998 | Quarterly Revenue Growth (0.94) | Return On Assets (0.04) | Return On Equity (0.52) |
The market value of Alset Ehome International is measured differently than its book value, which is the value of Alset that is recorded on the company's balance sheet. Investors also form their own opinion of Alset Ehome's value that differs from its market value or its book value, called intrinsic value, which is Alset Ehome'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 Alset Ehome's market value can be influenced by many factors that don't directly affect Alset Ehome'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 Alset Ehome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alset Ehome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alset Ehome'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.