FOXO Operating Income vs Income Before Tax Analysis
| FOXO Stock | USD 0.26 0.02 7.14% |
FOXO Technologies financial indicator trend analysis is much more than just examining FOXO Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FOXO Technologies is a good investment. Please check the relationship between FOXO Technologies Operating Income and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.
Operating Income vs Income Before Tax
Operating Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FOXO Technologies Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FOXO Technologies' Operating Income and Income Before Tax is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of FOXO Technologies, assuming nothing else is changed. The correlation between historical values of FOXO Technologies' Operating Income 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 Operating Income of FOXO Technologies 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 Operating Income i.e., FOXO Technologies' Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from FOXO Technologies 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 FOXO Technologies 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 Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on FOXO Technologies income statement and is an important metric when analyzing FOXO Technologies 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 FOXO Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FOXO Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.At this time, FOXO Technologies' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 9th of June 2024, Enterprise Value Multiple is likely to grow to 0, while Selling General Administrative is likely to drop about 10 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 120K | 167K | 13K | 12.4K | Total Revenue | 120K | 511K | 145K | 230.7K |
FOXO Technologies fundamental ratios Correlations
Click cells to compare fundamentals
FOXO Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether FOXO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FOXO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Foxo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Foxo Technologies Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FOXO Technologies. If investors know FOXO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FOXO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.08) | Revenue Per Share 0.034 | Quarterly Revenue Growth (0.74) | Return On Assets (0.68) | Return On Equity (17.55) |
The market value of FOXO Technologies is measured differently than its book value, which is the value of FOXO that is recorded on the company's balance sheet. Investors also form their own opinion of FOXO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FOXO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FOXO Technologies' market value can be influenced by many factors that don't directly affect FOXO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FOXO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FOXO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FOXO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.