Hims Operating Income vs Income Tax Expense Analysis

HIMS Stock

USD 32.22 1.88 6.20%

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

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hims Hers Health Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hims Hers' Operating Income and Income Tax Expense is 0.79. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hims Hers Health, assuming nothing else is changed. The correlation between historical values of Hims Hers' Operating Income 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 Operating Income of Hims Hers Health 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 Operating Income i.e., Hims Hers' Operating Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Hims Hers Health operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hims Hers Health is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Tax Expense

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

At this time, Hims Hers' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 117.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	204.5M	408.7M	714.9M	750.7M
Total Revenue	271.9M	526.9M	872M	915.6M

Gross Profit Total Revenue

Hims Hers fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total
Other Current Liab		0.9	0.76	-0.72	0.54	0.78	0.75	0.67	0.56	0.72	0.88	0.85	0.72	0.8	-0.49	0.53	0.66	-0.82	0.87	0.81	0.09	0.9	-0.79	0.79	0.87	-0.77
Total Current Liabilities	0.9		0.91	-0.81	0.84	0.52	0.87	0.87	0.73	0.89	0.92	0.94	0.83	0.9	-0.4	0.69	0.77	-0.9	0.98	0.94	0.26	0.93	-0.9	0.92	0.87	-0.9
Net Tangible Assets	0.76	0.91		-0.89	0.84	0.41	0.92	0.9	0.73	1.0	0.9	0.95	0.77	0.98	-0.42	0.73	0.79	-0.91	0.89	0.95	0.32	0.92	-0.98	0.95	0.9	-0.99
Retained Earnings	-0.72	-0.81	-0.89		-0.79	-0.29	-0.96	-0.91	-0.88	-0.9	-0.93	-0.93	-0.9	-0.96	0.68	-0.8	-0.84	0.91	-0.87	-0.93	0.0	-0.91	0.95	-0.94	-0.89	0.9
Accounts Payable	0.54	0.84	0.84	-0.79		0.05	0.82	0.94	0.85	0.86	0.79	0.85	0.81	0.83	-0.32	0.72	0.72	-0.78	0.86	0.88	0.27	0.77	-0.83	0.88	0.69	-0.84
Other Assets	0.78	0.52	0.41	-0.29	0.05		0.24	0.25	0.11	0.34	0.55	0.5	0.25	0.42	-0.3	-0.09	0.09	-0.33	0.41	0.45	0.02	0.59	-0.43	0.44	0.65	-0.41
Net Receivables	0.75	0.87	0.92	-0.96	0.82	0.24		0.87	0.81	0.93	0.88	0.91	0.88	0.95	-0.57	0.91	0.95	-0.98	0.92	0.91	0.13	0.89	-0.94	0.9	0.84	-0.92
Inventory	0.67	0.87	0.9	-0.91	0.94	0.25	0.87		0.9	0.91	0.92	0.95	0.86	0.93	-0.47	0.67	0.7	-0.82	0.88	0.97	0.19	0.89	-0.94	0.97	0.85	-0.92
Other Current Assets	0.56	0.73	0.73	-0.88	0.85	0.11	0.81	0.9		0.75	0.86	0.85	0.96	0.8	-0.74	0.7	0.72	-0.79	0.83	0.85	-0.24	0.82	-0.8	0.86	0.78	-0.72
Other Stockholder Equity	0.72	0.89	1.0	-0.9	0.86	0.34	0.93	0.91	0.75		0.88	0.93	0.77	0.98	-0.41	0.75	0.8	-0.9	0.88	0.95	0.33	0.9	-0.98	0.95	0.88	-0.99
Total Current Assets	0.88	0.92	0.9	-0.93	0.79	0.55	0.88	0.92	0.86	0.88		0.99	0.91	0.95	-0.66	0.64	0.73	-0.89	0.94	0.97	0.0	0.99	-0.95	0.97	0.97	-0.9
Total Assets	0.85	0.94	0.95	-0.93	0.85	0.5	0.91	0.95	0.85	0.93	0.99		0.89	0.97	-0.59	0.68	0.76	-0.91	0.95	0.99	0.1	0.99	-0.98	0.99	0.97	-0.95
Short Long Term Debt Total	0.72	0.83	0.77	-0.9	0.81	0.25	0.88	0.86	0.96	0.77	0.91	0.89		0.84	-0.77	0.79	0.84	-0.9	0.92	0.87	-0.23	0.89	-0.83	0.87	0.83	-0.75
Total Stockholder Equity	0.8	0.9	0.98	-0.96	0.83	0.42	0.95	0.93	0.8	0.98	0.95	0.97	0.84		-0.54	0.75	0.81	-0.93	0.91	0.97	0.2	0.96	-1.0	0.98	0.94	-0.98
Other Liab	-0.49	-0.4	-0.42	0.68	-0.32	-0.3	-0.57	-0.47	-0.74	-0.41	-0.66	-0.59	-0.77	-0.54		-0.48	-0.54	0.59	-0.54	-0.52	0.71	-0.64	0.53	-0.54	-0.67	0.38
Property Plant And Equipment Net	0.53	0.69	0.73	-0.8	0.72	-0.09	0.91	0.67	0.7	0.75	0.64	0.68	0.79	0.75	-0.48		0.98	-0.9	0.79	0.68	0.08	0.66	-0.72	0.66	0.56	-0.7
Current Deferred Revenue	0.66	0.77	0.79	-0.84	0.72	0.09	0.95	0.7	0.72	0.8	0.73	0.76	0.84	0.81	-0.54	0.98		-0.96	0.86	0.75	0.07	0.76	-0.79	0.73	0.67	-0.76
Net Debt	-0.82	-0.9	-0.91	0.91	-0.78	-0.33	-0.98	-0.82	-0.79	-0.9	-0.89	-0.91	-0.9	-0.93	0.59	-0.9	-0.96		-0.95	-0.89	-0.09	-0.91	0.91	-0.88	-0.85	0.88
Cash	0.87	0.98	0.89	-0.87	0.86	0.41	0.92	0.88	0.83	0.88	0.94	0.95	0.92	0.91	-0.54	0.79	0.86	-0.95		0.94	0.11	0.94	-0.9	0.92	0.87	-0.87
Non Current Assets Total	0.81	0.94	0.95	-0.93	0.88	0.45	0.91	0.97	0.85	0.95	0.97	0.99	0.87	0.97	-0.52	0.68	0.75	-0.89	0.94		0.17	0.97	-0.98	1.0	0.94	-0.96
Non Currrent Assets Other	0.09	0.26	0.32	0.0	0.27	0.02	0.13	0.19	-0.24	0.33	0.0	0.1	-0.23	0.2	0.71	0.08	0.07	-0.09	0.11	0.17		0.03	-0.21	0.15	0.0	-0.37
Cash And Short Term Investments	0.9	0.93	0.92	-0.91	0.77	0.59	0.89	0.89	0.82	0.9	0.99	0.99	0.89	0.96	-0.64	0.66	0.76	-0.91	0.94	0.97	0.03		-0.96	0.97	0.99	-0.92
Common Stock Total Equity	-0.79	-0.9	-0.98	0.95	-0.83	-0.43	-0.94	-0.94	-0.8	-0.98	-0.95	-0.98	-0.83	-1.0	0.53	-0.72	-0.79	0.91	-0.9	-0.98	-0.21	-0.96		-0.98	-0.94	0.99
Common Stock Shares Outstanding	0.79	0.92	0.95	-0.94	0.88	0.44	0.9	0.97	0.86	0.95	0.97	0.99	0.87	0.98	-0.54	0.66	0.73	-0.88	0.92	1.0	0.15	0.97	-0.98		0.95	-0.96
Short Term Investments	0.87	0.87	0.9	-0.89	0.69	0.65	0.84	0.85	0.78	0.88	0.97	0.97	0.83	0.94	-0.67	0.56	0.67	-0.85	0.87	0.94	0.0	0.99	-0.94	0.95		-0.9
Non Current Liabilities Total	-0.77	-0.9	-0.99	0.9	-0.84	-0.41	-0.92	-0.92	-0.72	-0.99	-0.9	-0.95	-0.75	-0.98	0.38	-0.7	-0.76	0.88	-0.87	-0.96	-0.37	-0.92	0.99	-0.96	-0.9

Click cells to compare fundamentals

Hims Hers Account Relationship Matchups

Hims Hers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	11.1M	5.2M	52.7M	8.2M	33.1M	20.4M
Total Current Liabilities	20.6M	15.2M	79.2M	47.9M	88.5M	50.5M
Net Tangible Assets	(141.1M)	(149.8M)	197.8M	170.8M	196.4M	206.3M
Retained Earnings	(153.2M)	(171.3M)	(279.0M)	(344.6M)	(368.2M)	(386.6M)
Accounts Payable	7.2M	8.1M	19.6M	32.4M	43.1M	22.7M
Other Assets	963K	1.0M	8.8M	888K	1.0	0.95
Net Receivables	859K	750K	3.6M	3.2M	5.7M	6.0M
Inventory	4.2M	3.5M	13.6M	21.6M	22.5M	12.7M
Other Current Assets	480K	8.6M	5.5M	12.2M	15.9M	8.0M
Other Stockholder Equity	(173.4M)	(225.5M)	613.7M	656.6M	712.3M	747.9M
Total Current Assets	69.6M	113.1M	269.9M	216.6M	265.1M	180.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Hims Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC