Astrotech Gross Profit Margin vs Pretax Profit Margin Analysis
ASTC Stock | USD 7.27 0.06 0.83% |
Astrotech Corp financial indicator trend analysis is way more than just evaluating Astrotech Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Astrotech Corp is a good investment. Please check the relationship between Astrotech Corp Gross Profit Margin and its Pretax Profit Margin accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astrotech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.
Gross Profit Margin vs Pretax Profit Margin
Gross Profit Margin vs Pretax Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Astrotech Corp Gross Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Astrotech Corp's Gross Profit Margin and Pretax Profit Margin is -0.18. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Astrotech Corp, assuming nothing else is changed. The correlation between historical values of Astrotech Corp's Gross Profit Margin and Pretax Profit Margin 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 Margin of Astrotech Corp are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Gross Profit Margin i.e., Astrotech Corp's Gross Profit Margin and Pretax Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit Margin
Pretax Profit Margin
Most indicators from Astrotech Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Astrotech Corp 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 Astrotech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.At present, Astrotech Corp's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 3.80, whereas Selling General Administrative is forecasted to decline to about 1.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 192K | 306K | 751K | 713.5K | Total Revenue | 869K | 750K | 1.7M | 1.6M |
Astrotech Corp fundamental ratios Correlations
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Astrotech Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Astrotech Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9M | 65.6M | 56.2M | 47.7M | 37.6M | 69.3M | |
Total Stockholder Equity | 625K | 61.2M | 53.2M | 44.7M | 34.8M | 29.9M | |
Net Debt | 655K | (33.1M) | (25.4M) | (13.6M) | (10.1M) | (9.6M) | |
Other Assets | 501K | 308K | 11K | 30K | 27K | 25.7K | |
Common Stock Shares Outstanding | 211.5K | 732.8K | 1.6M | 1.6M | 1.6M | 1.7M | |
Liabilities And Stockholders Equity | 5.9M | 65.6M | 56.2M | 47.7M | 37.6M | 69.3M | |
Non Current Liabilities Total | 955K | 215K | 303K | 291K | 305K | 289.8K | |
Other Stockholder Equity | 9.8M | 78.0M | 79.5M | 80.9M | 82.4M | 86.5M | |
Total Liab | 5.3M | 4.4M | 3.0M | 3.0M | 2.8M | 2.7M | |
Other Current Liab | 1.1M | 1.2M | 1.8M | 1.5M | 1.7M | 1.6M | |
Total Current Liabilities | 4.4M | 4.2M | 2.7M | 2.7M | 2.5M | 2.4M | |
Property Plant And Equipment Net | 1.2M | 512K | 1.3M | 2.9M | 2.9M | 2.7M | |
Retained Earnings | (199.8M) | (207.4M) | (215.7M) | (225.4M) | (237.0M) | (225.2M) | |
Accounts Payable | 239K | 396K | 169K | 546K | 373K | 354.4K | |
Cash | 3.3M | 35.9M | 26.5M | 14.2M | 10.4M | 9.9M | |
Non Current Assets Total | 1.3M | 523K | 1.3M | 3.0M | 2.9M | 2.8M | |
Non Currrent Assets Other | 436K | 71K | 11K | 30K | 27K | 25.7K | |
Cash And Short Term Investments | 3.3M | 63.3M | 52.6M | 42.1M | 31.9M | 20.1M | |
Net Receivables | 530K | 5K | 58K | 226K | 77K | 73.2K | |
Other Current Assets | 117K | 318K | 748K | 365K | 261K | 248.0K | |
Property Plant And Equipment Gross | 1.2M | 512K | 1.3M | 2.9M | 4.6M | 4.4M | |
Total Current Assets | 4.7M | 65.1M | 55.0M | 44.7M | 34.7M | 20.7M | |
Common Stock | 190.6M | 190.6M | 190.6M | 190.6M | 219.2M | 157.7M | |
Common Stock Total Equity | 190.6M | 190.6M | 190.6M | 190.6M | 219.2M | 157.8M | |
Property Plant Equipment | 950K | 512K | 1.3M | 2.9M | 2.6M | 2.5M | |
Inventory | 676K | 1.5M | 1.5M | 2.0M | 2.5M | 2.6M | |
Net Tangible Assets | 625K | 61.2M | 53.2M | 44.7M | 51.4M | 31.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Astrotech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrotech Corp'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 Astrotech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrotech Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astrotech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Astrotech Stock refer to our How to Trade Astrotech Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Aerospace & Defense 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 Astrotech Corp. If investors know Astrotech 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 Astrotech Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.34) | Revenue Per Share 1.016 | Quarterly Revenue Growth (0.82) | Return On Assets (0.19) | Return On Equity (0.29) |
The market value of Astrotech Corp is measured differently than its book value, which is the value of Astrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Astrotech Corp's value that differs from its market value or its book value, called intrinsic value, which is Astrotech Corp'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 Astrotech Corp's market value can be influenced by many factors that don't directly affect Astrotech Corp'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 Astrotech Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrotech Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrotech Corp'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.