Genasys Research Development vs Income Before Tax Analysis

GNSS Stock  USD 3.78  0.01  0.26%   
Genasys financial indicator trend analysis is much more than just examining Genasys latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genasys is a good investment. Please check the relationship between Genasys Research Development and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genasys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Genasys Stock please use our How to Invest in Genasys guide.

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genasys Research Development account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Genasys' Research Development and Income Before Tax is -0.76. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Genasys, assuming nothing else is changed. The correlation between historical values of Genasys' Research Development 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 Research Development of Genasys 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 Research Development i.e., Genasys' Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Research Development

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Genasys income statement and is an important metric when analyzing Genasys 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 Genasys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genasys 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genasys. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Genasys Stock please use our How to Invest in Genasys guide.At this time, Genasys' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 8.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (8.71) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit26.3M21.8M25.0M26.3M
Total Revenue54.0M46.7M53.7M56.3M

Genasys fundamental ratios Correlations

0.870.920.890.860.17-0.30.550.280.930.550.490.750.530.620.770.760.70.670.910.860.720.740.530.820.86
0.870.950.630.940.49-0.280.71-0.030.910.470.130.80.220.430.540.70.790.510.950.940.420.910.220.930.94
0.920.950.690.970.37-0.250.660.10.90.450.30.730.30.470.660.720.760.531.00.970.570.820.30.920.97
0.890.630.690.59-0.1-0.220.270.430.780.580.650.580.660.710.770.580.50.740.670.590.840.50.660.560.6
0.860.940.970.590.5-0.250.72-0.030.880.340.150.70.20.410.540.730.770.470.981.00.450.830.20.970.99
0.170.490.37-0.10.50.120.57-0.870.47-0.06-0.760.24-0.52-0.250.060.190.53-0.140.410.5-0.470.67-0.520.520.5
-0.3-0.28-0.25-0.22-0.250.12-0.57-0.27-0.15-0.33-0.22-0.61-0.74-0.78-0.04-0.69-0.37-0.76-0.24-0.25-0.37-0.31-0.74-0.2-0.2
0.550.710.660.270.720.57-0.57-0.280.60.28-0.180.610.240.440.270.810.650.50.670.720.140.750.240.640.67
0.28-0.030.10.43-0.03-0.87-0.27-0.28-0.060.270.940.140.690.510.190.15-0.170.410.07-0.030.78-0.310.69-0.04-0.03
0.930.910.90.780.880.47-0.150.6-0.060.510.170.680.260.430.70.680.770.510.90.880.450.880.260.860.89
0.550.470.450.580.34-0.06-0.330.280.270.510.340.60.510.520.40.260.50.550.440.340.460.510.510.360.39
0.490.130.30.650.15-0.76-0.22-0.180.940.170.340.250.730.570.490.280.00.50.260.150.9-0.140.730.110.15
0.750.80.730.580.70.24-0.610.610.140.680.60.250.520.660.50.680.750.70.730.70.510.730.520.720.69
0.530.220.30.660.2-0.52-0.740.240.690.260.510.730.520.890.420.60.20.860.260.20.810.111.00.130.16
0.620.430.470.710.41-0.25-0.780.440.510.430.520.570.660.890.360.720.420.990.450.410.770.360.890.360.37
0.770.540.660.770.540.06-0.040.270.190.70.40.490.50.420.360.480.530.410.630.540.640.450.420.470.56
0.760.70.720.580.730.19-0.690.810.150.680.260.280.680.60.720.480.580.750.720.730.530.640.60.620.67
0.70.790.760.50.770.53-0.370.65-0.170.770.50.00.750.20.420.530.580.50.770.770.280.880.20.790.77
0.670.510.530.740.47-0.14-0.760.50.410.510.550.50.70.860.990.410.750.50.510.470.750.460.860.420.44
0.910.951.00.670.980.41-0.240.670.070.90.440.260.730.260.450.630.720.770.510.980.540.830.260.940.99
0.860.940.970.591.00.5-0.250.72-0.030.880.340.150.70.20.410.540.730.770.470.980.450.830.20.970.99
0.720.420.570.840.45-0.47-0.370.140.780.450.460.90.510.810.770.640.530.280.750.540.450.160.810.390.44
0.740.910.820.50.830.67-0.310.75-0.310.880.51-0.140.730.110.360.450.640.880.460.830.830.160.110.820.83
0.530.220.30.660.2-0.52-0.740.240.690.260.510.730.521.00.890.420.60.20.860.260.20.810.110.130.16
0.820.930.920.560.970.52-0.20.64-0.040.860.360.110.720.130.360.470.620.790.420.940.970.390.820.130.97
0.860.940.970.60.990.5-0.20.67-0.030.890.390.150.690.160.370.560.670.770.440.990.990.440.830.160.97
Click cells to compare fundamentals

Genasys Account Relationship Matchups

Genasys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets71.4M90.1M71.9M49.9M57.4M60.3M
Other Current Liab7.1M12.1M7.8M7.5M8.6M9.0M
Total Current Liabilities15.5M17.5M15.4M11.3M12.9M13.6M
Total Stockholder Equity49.1M66.0M50.4M33.8M38.9M22.2M
Property Plant And Equipment Net7.2M6.6M6.3M5.4M6.3M6.6M
Net Debt(15.8M)(6.3M)(6.6M)(3.4M)(3.0M)(3.2M)
Retained Earnings(41.9M)(41.2M)(57.4M)(76.1M)(68.5M)(71.9M)
Accounts Payable1.4M2.2M2.3M2.8M3.2M3.4M
Cash23.3M13.2M12.7M8.7M10.0M10.5M
Non Current Assets Total26.1M54.6M36.3M24.7M28.4M29.8M
Non Currrent Assets Other520K1.5M1.2M551K633.7K575.0K
Cash And Short Term Investments27.6M18.9M19.1M10.1M11.7M11.8M
Net Receivables5.4M7.7M6.7M6.0M6.8M7.2M
Common Stock Shares Outstanding34.1M35.6M36.5M36.9M42.5M28.4M
Short Term Investments4.3M5.7M6.4M1.5M1.7M2.9M
Liabilities And Stockholders Equity71.4M90.1M71.9M49.9M57.4M60.3M
Inventory5.9M6.4M6.0M6.8M7.8M8.2M
Other Current Assets1.1M2.5M4.7M2.3M2.7M2.8M
Other Stockholder Equity91.2M107.1M108.6M110.4M126.9M73.9M
Total Liab22.2M24.2M21.5M16.1M18.5M19.4M
Property Plant And Equipment Gross7.2M6.6M6.3M5.4M6.3M6.6M
Total Current Assets45.3M35.5M35.6M25.2M29.0M19.4M
Accumulated Other Comprehensive Income(250K)2K(792K)(505K)(454.5K)(477.2K)
Intangible Assets943K12.8M10.5M8.4M9.7M10.2M
Short Long Term Debt Total7.5M6.9M6.1M5.3M6.1M6.4M
Non Current Liabilities Total6.7M6.7M6.1M4.8M5.6M5.8M
Current Deferred Revenue4.4M9.8M6.6M2.7M3.1M1.9M
Short Term Debt1.8M2.1M1.9M1.0M1.2M873.6K
Other Liab2.4M293K995K907K1.0M1.0M
Net Tangible Assets31.9M45.7M29.3M29.8M26.8M27.4M
Other Assets5.9M11.6M9.5M8.6M9.9M9.4M
Long Term Investments1.2M1.4M3.8M1.9M781K0.0
Property Plant Equipment2.3M7.2M6.6M6.3M7.2M7.6M
Non Current Liabilities Other293K995K907K551K495.9K809.4K
Net Invested Capital49.5M296K50.4M33.8M30.4M27.3M
Net Working Capital29.8M18.0M20.2M13.9M12.6M17.5M

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Additional Tools for Genasys Stock Analysis

When running Genasys' price analysis, check to measure Genasys' 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 Genasys is operating at the current time. Most of Genasys' value examination focuses on studying past and present price action to predict the probability of Genasys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genasys' price. Additionally, you may evaluate how the addition of Genasys to your portfolios can decrease your overall portfolio volatility.