Max Net Income vs Gross Profit Analysis

MAXHEALTH

1,027 23.30 2.22%

Max Healthcare financial indicator trend analysis is infinitely more than just investigating Max Healthcare Institute recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Max Healthcare Institute is a good investment. Please check the relationship between Max Healthcare Net Income and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Healthcare Institute. 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Max Healthcare Institute Net Income account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Max Healthcare's Net Income and Gross Profit is 0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Max Healthcare Institute, assuming nothing else is changed. The correlation between historical values of Max Healthcare's Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Max Healthcare Institute are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Max Healthcare's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Max Healthcare Institute minus its cost of goods sold. It is profit before Max Healthcare 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.

Most indicators from Max Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Max Healthcare Institute 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Max Healthcare Institute. 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.

At this time, Max Healthcare's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 3.7 B this year, although the value of Discontinued Operations will most likely fall to about 75 M.

	2022	2023	2024	2025 (projected)
Interest Expense	838.6M	598.9M	688.7M	954.1M
Depreciation And Amortization	2.3B	2.4B	2.8B	3.0B

Interest Expense Depreciation And Amortization

Max Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.7	0.67	0.67	0.99	0.96	0.12	0.9	0.99	0.88	1.0	0.71	-0.17	0.92	0.72	0.99	0.91	0.8	0.99	0.08	0.98	0.82	0.97	-0.08	0.88	0.9
Short Long Term Debt Total	0.7		0.51	0.85	0.62	0.67	0.52	0.53	0.66	0.74	0.71	0.68	-0.2	0.5	0.95	0.65	0.72	0.87	0.71	0.42	0.7	0.93	0.63	0.36	0.76	0.71
Other Current Liab	0.67	0.51		0.69	0.63	0.65	0.23	0.62	0.72	0.55	0.66	0.65	-0.08	0.59	0.59	0.63	0.58	0.52	0.65	-0.13	0.6	0.63	0.66	-0.17	0.59	0.57
Total Current Liabilities	0.67	0.85	0.69		0.6	0.63	0.48	0.58	0.64	0.6	0.66	0.64	-0.22	0.63	0.95	0.61	0.68	0.67	0.72	0.36	0.67	0.86	0.7	0.44	0.71	0.66
Total Stockholder Equity	0.99	0.62	0.63	0.6		0.96	-0.01	0.91	0.98	0.87	0.99	0.68	-0.17	0.93	0.65	0.99	0.9	0.74	0.98	0.0	0.97	0.75	0.97	-0.16	0.85	0.9
Property Plant And Equipment Net	0.96	0.67	0.65	0.63	0.96		0.04	0.97	0.98	0.94	0.96	0.79	-0.4	0.86	0.67	0.94	0.8	0.71	0.95	0.09	0.89	0.74	0.93	-0.07	0.75	0.79
Net Debt	0.12	0.52	0.23	0.48	-0.01	0.04		-0.09	0.07	0.03	0.13	0.1	0.19	-0.02	0.56	0.03	0.08	0.42	0.16	0.59	0.13	0.48	0.08	0.6	0.23	0.05
Retained Earnings	0.9	0.53	0.62	0.58	0.91	0.97	-0.09		0.94	0.86	0.89	0.74	-0.48	0.87	0.57	0.87	0.73	0.58	0.91	0.07	0.81	0.63	0.91	-0.1	0.66	0.7
Accounts Payable	0.99	0.66	0.72	0.64	0.98	0.98	0.07	0.94		0.89	0.99	0.75	-0.24	0.9	0.68	0.97	0.86	0.77	0.97	0.04	0.93	0.78	0.96	-0.16	0.83	0.85
Cash	0.88	0.74	0.55	0.6	0.87	0.94	0.03	0.86	0.89		0.89	0.88	-0.5	0.72	0.67	0.87	0.7	0.66	0.86	0.12	0.83	0.69	0.82	0.04	0.66	0.71
Non Current Assets Total	1.0	0.71	0.66	0.66	0.99	0.96	0.13	0.89	0.99	0.89		0.71	-0.16	0.9	0.72	0.99	0.91	0.81	0.98	0.07	0.97	0.82	0.96	-0.1	0.88	0.9
Non Currrent Assets Other	0.71	0.68	0.65	0.64	0.68	0.79	0.1	0.74	0.75	0.88	0.71		-0.55	0.61	0.62	0.67	0.5	0.51	0.71	0.21	0.64	0.6	0.71	0.13	0.47	0.51
Other Assets	-0.17	-0.2	-0.08	-0.22	-0.17	-0.4	0.19	-0.48	-0.24	-0.5	-0.16	-0.55		-0.12	-0.16	-0.11	0.09	0.1	-0.2	-0.16	-0.04	-0.02	-0.2	-0.31	0.16	0.11
Cash And Short Term Investments	0.92	0.5	0.59	0.63	0.93	0.86	-0.02	0.87	0.9	0.72	0.9	0.61	-0.12		0.61	0.91	0.85	0.63	0.94	0.1	0.91	0.68	0.98	-0.07	0.8	0.85
Net Receivables	0.72	0.95	0.59	0.95	0.65	0.67	0.56	0.57	0.68	0.67	0.72	0.62	-0.16	0.61		0.67	0.75	0.82	0.76	0.45	0.73	0.94	0.7	0.43	0.79	0.72
Good Will	0.99	0.65	0.63	0.61	0.99	0.94	0.03	0.87	0.97	0.87	0.99	0.67	-0.11	0.91	0.67		0.92	0.78	0.97	-0.02	0.98	0.78	0.95	-0.16	0.88	0.92
Common Stock Shares Outstanding	0.91	0.72	0.58	0.68	0.9	0.8	0.08	0.73	0.86	0.7	0.91	0.5	0.09	0.85	0.75	0.92		0.87	0.89	0.02	0.93	0.87	0.87	-0.16	0.98	0.99
Non Current Liabilities Total	0.8	0.87	0.52	0.67	0.74	0.71	0.42	0.58	0.77	0.66	0.81	0.51	0.1	0.63	0.82	0.78	0.87		0.77	0.25	0.79	0.96	0.71	-0.02	0.93	0.85
Inventory	0.99	0.71	0.65	0.72	0.98	0.95	0.16	0.91	0.97	0.86	0.98	0.71	-0.2	0.94	0.76	0.97	0.89	0.77		0.16	0.97	0.82	0.98	0.02	0.86	0.88
Other Current Assets	0.08	0.42	-0.13	0.36	0.0	0.09	0.59	0.07	0.04	0.12	0.07	0.21	-0.16	0.1	0.45	-0.02	0.02	0.25	0.16		0.07	0.32	0.14	0.67	0.08	-0.01
Other Stockholder Equity	0.98	0.7	0.6	0.67	0.97	0.89	0.13	0.81	0.93	0.83	0.97	0.64	-0.04	0.91	0.73	0.98	0.93	0.79	0.97	0.07		0.81	0.95	-0.03	0.9	0.93
Total Liab	0.82	0.93	0.63	0.86	0.75	0.74	0.48	0.63	0.78	0.69	0.82	0.6	-0.02	0.68	0.94	0.78	0.87	0.96	0.82	0.32	0.81		0.76	0.16	0.92	0.85
Total Current Assets	0.97	0.63	0.66	0.7	0.97	0.93	0.08	0.91	0.96	0.82	0.96	0.71	-0.2	0.98	0.7	0.95	0.87	0.71	0.98	0.14	0.95	0.76		-0.02	0.83	0.86
Short Term Debt	-0.08	0.36	-0.17	0.44	-0.16	-0.07	0.6	-0.1	-0.16	0.04	-0.1	0.13	-0.31	-0.07	0.43	-0.16	-0.16	-0.02	0.02	0.67	-0.03	0.16	-0.02		-0.11	-0.17
Intangible Assets	0.88	0.76	0.59	0.71	0.85	0.75	0.23	0.66	0.83	0.66	0.88	0.47	0.16	0.8	0.79	0.88	0.98	0.93	0.86	0.08	0.9	0.92	0.83	-0.11		0.97
Common Stock	0.9	0.71	0.57	0.66	0.9	0.79	0.05	0.7	0.85	0.71	0.9	0.51	0.11	0.85	0.72	0.92	0.99	0.85	0.88	-0.01	0.93	0.85	0.86	-0.17	0.97

Click cells to compare fundamentals

Max Healthcare Account Relationship Matchups

Max Healthcare fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	85.4B	91.9B	101.0B	120.0B	138.0B	144.9B
Short Long Term Debt Total	13.3B	11.3B	6.9B	15.1B	17.3B	10.7B
Other Current Liab	2.5B	1.8B	3.8B	4.1B	4.7B	4.9B
Total Current Liabilities	7.8B	7.6B	10.5B	12.5B	14.4B	8.3B
Total Stockholder Equity	56.4B	62.8B	74.1B	84.1B	96.7B	101.5B
Property Plant And Equipment Net	17.7B	20.6B	22.3B	36.9B	42.4B	44.6B
Net Debt	7.0B	8.2B	6.5B	5.3B	6.1B	8.4B
Retained Earnings	(4.6B)	1.5B	12.3B	21.9B	25.2B	26.4B
Accounts Payable	4.4B	4.4B	5.4B	6.8B	7.8B	8.2B
Cash	6.3B	3.1B	427.5M	9.8B	11.3B	11.8B
Non Current Assets Total	74.2B	81.9B	81.6B	102.9B	118.4B	124.3B
Non Currrent Assets Other	8.5B	(100K)	3.2B	10.2B	11.7B	12.3B
Other Assets	8.6B	10.2B	8.7B	1.0	1.15	1.09
Cash And Short Term Investments	6.3B	4.9B	15.0B	9.8B	11.3B	11.8B
Net Receivables	3.9B	4.1B	3.7B	5.0B	5.7B	3.8B
Common Stock Shares Outstanding	863.2M	969.4M	971.7M	975.5M	1.1B	736.4M
Liabilities And Stockholders Equity	85.4B	91.9B	101.0B	120.0B	138.0B	144.9B
Non Current Liabilities Total	21.3B	21.5B	16.5B	23.4B	26.9B	16.6B
Inventory	538M	613.6M	762.3M	798.4M	918.2M	964.1M
Other Current Assets	560.8M	480.2M	1.3B	1.5B	1.7B	1.8B
Other Stockholder Equity	51.0B	51.4B	51.6B	51.8B	59.6B	62.6B
Total Liab	29.1B	29.1B	26.9B	35.9B	41.3B	24.9B
Total Current Assets	11.2B	10.0B	19.4B	17.1B	19.6B	20.6B
Accumulated Other Comprehensive Income	265.1M	275.5M	465.3M	659.8M	758.8M	796.7M
Short Term Debt	886M	1.1B	845M	1.2B	1.3B	1.9B
Intangible Assets	23.3B	26.6B	26.1B	26.3B	30.2B	15.2B
Common Stock	9.7B	9.7B	9.7B	9.7B	11.2B	7.5B
Current Deferred Revenue	1.9B	1.2B	3.3B	491.5M	565.2M	537.0M
Short Term Investments	2M	1.8B	14.6B	1.6B	1.8B	2.2B
Other Liab	2.9B	11.2B	13.5B	10.4B	12.0B	9.4B
Net Tangible Assets	19.9B	8.5B	11.7B	23.4B	27.0B	28.3B
Long Term Debt	8.4B	6.3B	5.0B	10.6B	9.5B	6.3B
Capital Lease Obligations	1.8B	1.9B	1.2B	1.5B	1.7B	1.4B
Net Invested Capital	65.4B	70.1B	79.7B	95.6B	109.9B	58.7B
Short Long Term Debt	542.5M	972.4M	682.4M	887.9M	799.1M	1.2B
Non Current Liabilities Other	2.4B	2.3B	2.3B	2.2B	2.6B	1.5B
Net Working Capital	3.5B	2.4B	9.0B	4.6B	5.3B	5.5B
Property Plant Equipment	3.2B	17.7B	20.6B	22.3B	25.6B	15.4B
Capital Stock	9.7B	9.7B	9.7B	9.7B	11.2B	9.1B

Also Currently Popular

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.

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin

Other Information on Investing in Max Stock

Balance Sheet is a snapshot of the financial position of Max Healthcare Institute at a specified time, usually calculated after every quarter, six months, or one year. Max Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Max Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Max currently owns. An asset can also be divided into two categories, current and non-current.

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

Max Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Max Healthcare fundamental ratios Correlations

Max Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Max Healthcare fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Max Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Good Will	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Other Assets	- 0.55	Non Currrent Assets Other
Other Assets	- 0.5	Cash
Other Assets	- 0.48	Retained Earnings
Other Assets	- 0.4	Property Plant And Equipment Net
Short Term Debt	- 0.31	Other Assets
Other Assets	- 0.24	Accounts Payable