Rocket Net Income From Continuing Ops vs Ebit Analysis

RCKT Stock  USD 10.47  0.35  3.46%   
Rocket Pharmaceuticals financial indicator trend analysis is much more than just breaking down Rocket Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rocket Pharmaceuticals is a good investment. Please check the relationship between Rocket Pharmaceuticals Net Income From Continuing Ops and its Ebit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Pharmaceuticals guide.

Net Income From Continuing Ops vs Ebit

Net Income From Continuing Ops vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rocket Pharmaceuticals Net Income From Continuing Ops account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Rocket Pharmaceuticals' Net Income From Continuing Ops and Ebit is 0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebit in the same time period over historical financial statements of Rocket Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Rocket Pharmaceuticals' Net Income From Continuing Ops and Ebit 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 From Continuing Ops of Rocket Pharmaceuticals are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income From Continuing Ops i.e., Rocket Pharmaceuticals' Net Income From Continuing Ops and Ebit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Ebit

Most indicators from Rocket Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rocket Pharmaceuticals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Pharmaceuticals guide.At this time, Rocket Pharmaceuticals' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 2.4 B in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 203.6 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense1.9M1.9M2.2M3.3M
Depreciation And Amortization6.3M7.1M8.2M8.6M

Rocket Pharmaceuticals fundamental ratios Correlations

0.50.930.941.0-0.57-0.56-0.850.230.670.940.770.920.970.97-0.190.890.950.660.920.560.970.660.940.040.63
0.50.330.330.470.0-0.45-0.2-0.050.630.280.40.60.510.390.540.560.330.690.60.180.41-0.060.53-0.460.89
0.930.330.990.92-0.64-0.21-0.930.20.350.980.670.750.880.97-0.240.680.980.640.750.370.960.870.780.340.52
0.940.330.990.94-0.64-0.27-0.930.220.40.990.690.780.890.97-0.230.730.980.650.780.460.960.860.80.320.5
1.00.470.920.94-0.57-0.57-0.850.250.680.940.760.920.980.97-0.240.890.940.620.930.560.970.660.940.020.61
-0.570.0-0.64-0.64-0.570.090.71-0.86-0.11-0.72-0.43-0.44-0.53-0.580.33-0.52-0.64-0.33-0.45-0.3-0.6-0.78-0.5-0.41-0.25
-0.56-0.45-0.21-0.27-0.570.090.15-0.18-0.96-0.31-0.57-0.73-0.58-0.410.04-0.78-0.29-0.26-0.73-0.64-0.410.17-0.720.54-0.35
-0.85-0.2-0.93-0.93-0.850.710.15-0.28-0.24-0.94-0.57-0.69-0.79-0.890.36-0.63-0.96-0.52-0.7-0.34-0.89-0.88-0.73-0.29-0.46
0.23-0.050.20.220.25-0.86-0.18-0.280.130.320.230.220.220.19-0.210.370.230.080.220.240.220.360.260.170.11
0.670.630.350.40.68-0.11-0.96-0.240.130.410.60.790.680.520.070.830.420.40.790.620.53-0.070.77-0.530.54
0.940.280.980.990.94-0.72-0.31-0.940.320.410.710.780.90.97-0.290.750.980.610.780.470.960.860.820.330.49
0.770.40.670.690.76-0.43-0.57-0.570.230.60.710.810.770.760.050.780.660.710.810.470.730.420.810.060.47
0.920.60.750.780.92-0.44-0.73-0.690.220.790.780.810.920.84-0.110.960.790.681.00.590.860.411.0-0.20.67
0.970.510.880.890.98-0.53-0.58-0.790.220.680.90.770.920.95-0.240.870.90.580.920.440.970.60.94-0.030.66
0.970.390.970.970.97-0.58-0.41-0.890.190.520.970.760.840.95-0.230.780.970.640.840.450.980.760.870.220.58
-0.190.54-0.24-0.23-0.240.330.040.36-0.210.07-0.290.05-0.11-0.24-0.23-0.07-0.290.51-0.11-0.01-0.29-0.38-0.19-0.140.28
0.890.560.680.730.89-0.52-0.78-0.630.370.830.750.780.960.870.78-0.070.730.650.960.720.790.370.96-0.170.6
0.950.330.980.980.94-0.64-0.29-0.960.230.420.980.660.790.90.97-0.290.730.60.790.430.970.830.820.230.55
0.660.690.640.650.62-0.33-0.26-0.520.080.40.610.710.680.580.640.510.650.60.680.420.590.40.630.120.65
0.920.60.750.780.93-0.45-0.73-0.70.220.790.780.811.00.920.84-0.110.960.790.680.590.860.411.0-0.20.67
0.560.180.370.460.56-0.3-0.64-0.340.240.620.470.470.590.440.45-0.010.720.430.420.590.390.20.58-0.010.06
0.970.410.960.960.97-0.6-0.41-0.890.220.530.960.730.860.970.98-0.290.790.970.590.860.390.750.880.140.61
0.66-0.060.870.860.66-0.780.17-0.880.36-0.070.860.420.410.60.76-0.380.370.830.40.410.20.750.460.650.2
0.940.530.780.80.94-0.5-0.72-0.730.260.770.820.811.00.940.87-0.190.960.820.631.00.580.880.46-0.160.64
0.04-0.460.340.320.02-0.410.54-0.290.17-0.530.330.06-0.2-0.030.22-0.14-0.170.230.12-0.2-0.010.140.65-0.16-0.31
0.630.890.520.50.61-0.25-0.35-0.460.110.540.490.470.670.660.580.280.60.550.650.670.060.610.20.64-0.31
Click cells to compare fundamentals

Rocket Pharmaceuticals Account Relationship Matchups

Rocket Pharmaceuticals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets590.8M497.0M551.8M566.3M651.3M683.9M
Short Long Term Debt Total61.7M22.6M22.9M25.0M28.8M30.8M
Other Current Liab23.2M17.1M34.2M45.8M52.7M55.3M
Total Current Liabilities32.6M22.2M39.2M48.5M55.8M58.6M
Total Stockholder Equity503.5M454.7M489.7M492.6M566.5M594.8M
Current Deferred Revenue590K(482.0)(36.7M)(12.8M)(11.5M)(10.9M)
Net Debt(235.4M)(210.1M)(117.7M)(30.9M)(27.8M)(29.2M)
Retained Earnings(322.8M)(491.9M)(713.8M)(959.4M)(863.4M)(820.3M)
Accounts Payable835.0482.036.7M1.8K2.0K1.9K
Cash297.1M232.7M140.5M55.9M64.3M112.7M
Non Current Assets Total103.5M105.0M187.7M188.1M216.3M227.2M
Non Currrent Assets Other2.0M1.8M1.9M1.9M2.2M1.2M
Cash And Short Term Investments482.7M388.7M356.4M373.2M429.2M226.1M
Common Stock Total Equity452K548K610K645K741.8K778.8K
Common Stock Shares Outstanding55.4M63.2M68.1M84.0M96.6M101.4M
Liabilities And Stockholders Equity590.8M497.0M551.8M566.3M651.3M683.9M
Non Current Liabilities Total54.7M20.1M23.0M25.3M22.7M29.4M
Other Current Assets9.3M6.6M7.7M5.0M5.8M3.6M
Other Stockholder Equity825.8M946.2M1.2B1.5B1.7B1.8B
Total Liab87.3M42.3M62.1M73.8M84.8M59.0M
Total Current Assets487.3M392.1M364.1M378.2M435.0M229.0M
Accumulated Other Comprehensive Income(42K)(161K)(357K)319K366.9K385.2K
Short Term Debt9.4M5.1M5.0M2.7M3.1M3.2M
Common Stock610K645K791K903K1.0M1.1M
Other Liab23K136K80K2.6M3.0M3.1M
Net Tangible Assets307.3M503.5M454.8M424.8M488.5M252.1M
Property Plant And Equipment Net70.6M72.3M77.6M87.6M100.7M105.8M
Retained Earnings Total Equity(105.9M)(183.1M)(322.8M)(491.9M)(442.7M)(420.6M)
Short Term Investments185.6M156.0M215.9M317.3M364.9M383.1M
Capital Surpluse300.3M489.9M825.8M946.2M1.1B549.2M
Property Plant And Equipment Gross70.6M77.6M86.7M101.6M116.9M122.7M
Non Current Liabilities Other19.6M80K2.6M2.9M3.4M3.8M
Property Plant Equipment29.3M19.2M72.3M77.6M89.3M93.8M

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