Yerbae Income Before Tax vs Gross Profit Analysis

YERB-U Stock   0.12  0.02  20.00%   
Yerbae Brands financial indicator trend analysis is more than just analyzing Yerbae Brands Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yerbae Brands Corp is a good investment. Please check the relationship between Yerbae Brands Income Before Tax and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yerbae Brands Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yerbae Brands Corp Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Yerbae Brands' Income Before Tax and Gross Profit is -0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Yerbae Brands Corp, assuming nothing else is changed. The correlation between historical values of Yerbae Brands' Income Before Tax 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 Income Before Tax of Yerbae Brands Corp 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 Income Before Tax i.e., Yerbae Brands' Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Yerbae Brands Corp minus its cost of goods sold. It is profit before Yerbae Brands 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 Yerbae Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yerbae Brands Corp 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yerbae Brands Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Issuance Of Capital Stock is expected to grow to about 8.8 M, whereas Selling General Administrative is forecasted to decline to about 20.5 M.
 2021 2022 2023 2024 (projected)
Total Revenue6.0M7.1M12.0M7.5M
Interest Expense175.0K1.4M659.5K505.5K

Yerbae Brands fundamental ratios Correlations

0.84-0.820.930.870.990.591.00.930.221.0-0.54-0.970.690.740.880.80.66-0.570.7
0.84-0.990.970.590.830.320.860.97-0.160.8-0.88-0.930.380.950.970.960.92-0.320.33
-0.82-0.99-0.96-0.5-0.83-0.34-0.84-0.970.26-0.780.870.91-0.4-0.91-0.94-0.93-0.870.34-0.35
0.930.97-0.960.680.920.470.941.0-0.070.9-0.76-0.980.550.870.950.910.81-0.460.52
0.870.59-0.50.680.830.490.840.670.610.89-0.27-0.780.580.560.70.620.51-0.470.61
0.990.83-0.830.920.830.611.00.930.180.99-0.52-0.960.710.730.870.790.63-0.590.72
0.590.32-0.340.470.490.610.610.460.490.610.15-0.590.980.340.450.41-0.03-1.00.96
1.00.86-0.840.940.841.00.610.940.190.99-0.55-0.980.70.760.890.820.66-0.590.71
0.930.97-0.971.00.670.930.460.94-0.080.9-0.78-0.980.540.890.960.920.82-0.450.51
0.22-0.160.26-0.070.610.180.490.19-0.080.280.49-0.120.46-0.020.060.02-0.2-0.480.49
1.00.8-0.780.90.890.990.610.990.90.28-0.48-0.950.710.70.850.770.62-0.580.72
-0.54-0.880.87-0.76-0.27-0.520.15-0.55-0.780.49-0.480.650.1-0.82-0.77-0.8-0.95-0.140.14
-0.97-0.930.91-0.98-0.78-0.96-0.59-0.98-0.98-0.12-0.950.65-0.66-0.86-0.95-0.9-0.750.58-0.64
0.690.38-0.40.550.580.710.980.70.540.460.710.1-0.660.340.490.420.01-0.970.99
0.740.95-0.910.870.560.730.340.760.89-0.020.7-0.82-0.860.340.971.00.91-0.360.27
0.880.97-0.940.950.70.870.450.890.960.060.85-0.77-0.950.490.970.990.88-0.460.44
0.80.96-0.930.910.620.790.410.820.920.020.77-0.8-0.90.421.00.990.89-0.420.36
0.660.92-0.870.810.510.63-0.030.660.82-0.20.62-0.95-0.750.010.910.880.890.03-0.03
-0.57-0.320.34-0.46-0.47-0.59-1.0-0.59-0.45-0.48-0.58-0.140.58-0.97-0.36-0.46-0.420.03-0.94
0.70.33-0.350.520.610.720.960.710.510.490.720.14-0.640.990.270.440.36-0.03-0.94
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Yerbae Brands Account Relationship Matchups

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Other Information on Investing in Yerbae Stock

Balance Sheet is a snapshot of the financial position of Yerbae Brands Corp at a specified time, usually calculated after every quarter, six months, or one year. Yerbae Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yerbae Brands 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 Yerbae currently owns. An asset can also be divided into two categories, current and non-current.