Elixxer Income Before Tax vs Net Income Analysis

ELXR Stock

CAD 1.15 0.00 0.00%

Elixxer financial indicator trend analysis is much more than just examining Elixxer latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elixxer is a good investment. Please check the relationship between Elixxer Income Before Tax and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elixxer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elixxer Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Elixxer's Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Elixxer, assuming nothing else is changed. The correlation between historical values of Elixxer's Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Elixxer are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Elixxer's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Elixxer income statement and is an important metric when analyzing Elixxer 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Elixxer financial statement analysis. It represents the amount of money remaining after all of Elixxer operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Elixxer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elixxer 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 Elixxer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative is likely to climb to about 3.4 M in 2025

	2024	2025 (projected)
Total Operating Expenses	2.4M	3.8M
Cost Of Revenue	11.9M	6.4M

Total Operating Expenses Cost Of Revenue

Elixxer fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Net Tangible Assets	Non Currrent Assets Other	Other Assets	Other Stockholder Equity	Capital Stock	Common Stock	Property Plant Equipment	Net Debt	Long Term Debt
Total Assets		0.69	0.64	-0.41	0.15	0.35	0.62	0.5	0.2	0.63	0.99	0.79	0.45	-0.46	-0.43	0.09	-0.47	0.25	0.38	0.38	-0.39	-0.07	0.09
Total Current Liabilities	0.69		-0.08	-0.83	0.66	-0.33	0.47	0.15	0.27	0.96	0.58	0.95	0.18	-0.81	-0.91	-0.28	-0.9	-0.25	0.83	0.83	-0.86	-0.46	-0.28
Total Stockholder Equity	0.64	-0.08		0.35	-0.58	0.84	0.21	0.54	0.04	-0.19	0.75	0.07	0.47	0.27	0.34	0.41	0.34	0.66	-0.4	-0.39	0.38	0.41	0.41
Retained Earnings	-0.41	-0.83	0.35		-0.88	0.56	-0.24	0.38	-0.45	-0.87	-0.27	-0.69	-0.27	0.57	0.94	0.45	0.97	0.5	-0.96	-0.96	0.97	0.82	0.45
Accounts Payable	0.15	0.66	-0.58	-0.88		-0.71	0.28	-0.43	0.33	0.8	0.0	0.54	0.01	-0.57	-0.81	-0.33	-0.88	-0.53	0.93	0.93	-0.89	-0.73	-0.33
Cash	0.35	-0.33	0.84	0.56	-0.71		0.11	0.61	-0.47	-0.39	0.48	-0.18	-0.01	0.25	0.58	0.39	0.61	0.41	-0.64	-0.64	0.63	0.69	0.39
Net Receivables	0.62	0.47	0.21	-0.24	0.28	0.11		0.56	-0.13	0.58	0.58	0.7	-0.03	-0.65	-0.15	0.05	-0.38	0.08	0.29	0.28	-0.19	0.12	0.05
Common Stock Shares Outstanding	0.5	0.15	0.54	0.38	-0.43	0.61	0.56		-0.56	0.09	0.56	0.37	-0.3	-0.42	0.26	0.42	0.25	0.44	-0.36	-0.36	0.35	0.78	0.42
Short Term Investments	0.2	0.27	0.04	-0.45	0.33	-0.47	-0.13	-0.56		0.21	0.16	0.18	0.87	0.27	-0.45	-0.17	-0.47	0.17	0.48	0.49	-0.51	-0.76	-0.17
Total Liab	0.63	0.96	-0.19	-0.87	0.8	-0.39	0.58	0.09	0.21		0.5	0.93	0.07	-0.86	-0.88	-0.25	-0.93	-0.33	0.89	0.89	-0.88	-0.49	-0.25
Net Invested Capital	0.99	0.58	0.75	-0.27	0.0	0.48	0.58	0.56	0.16	0.5		0.7	0.46	-0.35	-0.29	0.2	-0.32	0.38	0.23	0.23	-0.25	0.05	0.2
Short Long Term Debt	0.79	0.95	0.07	-0.69	0.54	-0.18	0.7	0.37	0.18	0.93	0.7		0.17	-0.85	-0.75	-0.17	-0.81	-0.1	0.71	0.71	-0.71	-0.28	-0.17
Total Current Assets	0.45	0.18	0.47	-0.27	0.01	-0.01	-0.03	-0.3	0.87	0.07	0.46	0.17		0.37	-0.24	-0.12	-0.26	0.32	0.25	0.25	-0.27	-0.54	-0.12
Net Working Capital	-0.46	-0.81	0.27	0.57	-0.57	0.25	-0.65	-0.42	0.27	-0.86	-0.35	-0.85	0.37		0.62	0.17	0.67	0.34	-0.59	-0.59	0.58	0.06	0.17
Net Tangible Assets	-0.43	-0.91	0.34	0.94	-0.81	0.58	-0.15	0.26	-0.45	-0.88	-0.29	-0.75	-0.24	0.62		0.39	0.95	0.41	-0.94	-0.94	0.98	0.73	0.39
Non Currrent Assets Other	0.09	-0.28	0.41	0.45	-0.33	0.39	0.05	0.42	-0.17	-0.25	0.2	-0.17	-0.12	0.17	0.39		0.42	0.83	-0.45	-0.44	0.41	0.58	1.0
Other Assets	-0.47	-0.9	0.34	0.97	-0.88	0.61	-0.38	0.25	-0.47	-0.93	-0.32	-0.81	-0.26	0.67	0.95	0.42		0.42	-0.98	-0.97	0.97	0.76	0.42
Other Stockholder Equity	0.25	-0.25	0.66	0.5	-0.53	0.41	0.08	0.44	0.17	-0.33	0.38	-0.1	0.32	0.34	0.41	0.83	0.42		-0.49	-0.48	0.44	0.48	0.83
Capital Stock	0.38	0.83	-0.4	-0.96	0.93	-0.64	0.29	-0.36	0.48	0.89	0.23	0.71	0.25	-0.59	-0.94	-0.45	-0.98	-0.49		1.0	-0.98	-0.82	-0.45
Common Stock	0.38	0.83	-0.39	-0.96	0.93	-0.64	0.28	-0.36	0.49	0.89	0.23	0.71	0.25	-0.59	-0.94	-0.44	-0.97	-0.48	1.0		-0.98	-0.81	-0.44
Property Plant Equipment	-0.39	-0.86	0.38	0.97	-0.89	0.63	-0.19	0.35	-0.51	-0.88	-0.25	-0.71	-0.27	0.58	0.98	0.41	0.97	0.44	-0.98	-0.98		0.81	0.41
Net Debt	-0.07	-0.46	0.41	0.82	-0.73	0.69	0.12	0.78	-0.76	-0.49	0.05	-0.28	-0.54	0.06	0.73	0.58	0.76	0.48	-0.82	-0.81	0.81		0.58
Long Term Debt	0.09	-0.28	0.41	0.45	-0.33	0.39	0.05	0.42	-0.17	-0.25	0.2	-0.17	-0.12	0.17	0.39	1.0	0.42	0.83	-0.45	-0.44	0.41	0.58

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Elixxer Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

Elixxer fundamental ratios Correlations

Elixxer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Elixxer Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Non Currrent Assets Other
Common Stock	+ 1.0	Capital Stock
Net Invested Capital	+ 0.99	Total Assets
Property Plant Equipment	+ 0.98	Net Tangible Assets
Other Assets	+ 0.97	Retained Earnings
Property Plant Equipment	+ 0.97	Retained Earnings

Property Plant Equipment	- 0.98	Common Stock
Property Plant Equipment	- 0.98	Capital Stock
Capital Stock	- 0.98	Other Assets
Common Stock	- 0.97	Other Assets
Common Stock	- 0.96	Retained Earnings
Capital Stock	- 0.96	Retained Earnings