Paysign Income Tax Expense vs Ebit Analysis
| PAYS Stock | USD 4.94 0.07 1.44% |
Paysign financial indicator trend analysis is much more than just breaking down Paysign prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paysign is a good investment. Please check the relationship between Paysign Income Tax Expense and its Ebit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.
Income Tax Expense vs Ebit
Income Tax Expense vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paysign Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have no relationship.
The correlation between Paysign's Income Tax Expense and Ebit is 0.03. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of Paysign, assuming nothing else is changed. The correlation between historical values of Paysign's Income Tax Expense 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 Income Tax Expense of Paysign 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 Income Tax Expense i.e., Paysign's Income Tax Expense and Ebit go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Income Tax Expense
Ebit
Most indicators from Paysign's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paysign 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 Paysign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.At this time, Paysign's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 217.7 K in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.26 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 17.5M | 20.6M | 20.3M | 19.3M | Cost Of Revenue | 14.8M | 17.1M | 27.2M | 25.8M |
Paysign fundamental ratios Correlations
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Paysign Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paysign fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 53.5M | 67.8M | 84.1M | 108.2M | 147.6M | 155.0M | |
| Other Current Liab | 1.5M | 2.2M | 5.8M | 8.1M | 92.3M | 87.7M | |
| Total Current Liabilities | 34.2M | 50.6M | 67.4M | 88.6M | 119.2M | 113.2M | |
| Total Stockholder Equity | 19.6M | 13.2M | 13.0M | 16.3M | 24.5M | 25.7M | |
| Property Plant And Equipment Net | 937.2K | 6.2M | 5.6M | 4.9M | 4.3M | 4.5M | |
| Net Debt | (9.7M) | (3.5M) | (3.4M) | (6.0M) | (106.0M) | (100.7M) | |
| Retained Earnings | 8.1M | (1.1M) | (3.8M) | (2.7M) | 3.7M | 3.9M | |
| Cash | 9.7M | 7.8M | 7.4M | 9.7M | 109.4M | 114.8M | |
| Non Current Assets Total | 5.7M | 9.9M | 9.7M | 10.5M | 18.4M | 19.3M | |
| Non Currrent Assets Other | 3.0M | (4.8M) | (9.9M) | (10.5M) | 4.3M | 4.5M | |
| Cash And Short Term Investments | 9.7M | 7.8M | 7.4M | 9.7M | 109.4M | 114.8M | |
| Net Receivables | 891.9K | 654.9K | 4.4M | 6.1M | 17.8M | 18.7M | |
| Common Stock Total Equity | 46.4K | 48.6K | 50.3K | 52.7K | 60.5K | 47.0K | |
| Common Stock Shares Outstanding | 54.6M | 49.3M | 51.0M | 52.9M | 54.2M | 50.3M | |
| Liabilities And Stockholders Equity | 53.5M | 67.8M | 84.1M | 108.2M | 147.6M | 155.0M | |
| Other Current Assets | 1.4M | 1.4M | 1.2M | 1.7M | 2.0M | 1.9M | |
| Other Stockholder Equity | 11.4M | 14.2M | 16.7M | 19.0M | 20.7M | 21.8M | |
| Total Liab | 34.2M | 54.6M | 71.1M | 92.0M | 123.1M | 116.9M | |
| Property Plant And Equipment Gross | 937.2K | 6.2M | 5.6M | 4.9M | 7.0M | 7.4M | |
| Total Current Assets | 47.9M | 58.0M | 74.3M | 97.7M | 129.2M | 122.7M | |
| Intangible Assets | 3.8M | 3.7M | 4.1M | 5.7M | 8.8M | 9.3M | |
| Common Stock | 48.6K | 50.3K | 52.1K | 52.7K | 53.5K | 48.5K | |
| Non Current Liabilities Total | 32.7M | 4.0M | 3.7M | 3.3M | 3.9M | 4.4M | |
| Net Tangible Assets | 15.7M | 9.5M | 8.9M | 10.6M | 12.2M | 12.8M | |
| Current Deferred Revenue | 32.7M | 48.1M | 61.3M | 80.2M | 92.3M | 96.9M | |
| Accounts Payable | 1.5M | 2.2M | 5.8M | 8.1M | 26.5M | 27.8M | |
| Retained Earnings Total Equity | 579.6K | 8.1M | (1.1M) | (2.7M) | (3.2M) | (3.3M) | |
| Capital Surpluse | 8.6M | 11.6M | 14.4M | 19.1M | 22.0M | 23.1M | |
| Property Plant Equipment | 937.2K | 6.2M | 5.6M | 1.3M | 1.4M | 1.7M | |
| Inventory | 35.9M | 48.1M | 61.3M | 80.2M | 92.2M | 96.8M | |
| Net Invested Capital | 19.6M | 13.2M | 13.0M | 16.3M | 24.5M | 15.8M | |
| Net Working Capital | 13.6M | 7.4M | 6.9M | 9.1M | 10.0M | 8.7M | |
| Capital Stock | 48.6K | 50.3K | 52.1K | 52.7K | 53.5K | 55.6K |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysign. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Paysign Stock please use our How to Invest in Paysign guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Paysign's price analysis, check to measure Paysign's 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 Paysign is operating at the current time. Most of Paysign's value examination focuses on studying past and present price action to predict the probability of Paysign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paysign's price. Additionally, you may evaluate how the addition of Paysign to your portfolios can decrease your overall portfolio volatility.
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Is Paysign's industry 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 Paysign. If investors know Paysign 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 Paysign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 9.179 | Earnings Share 0.13 | Revenue Per Share 0.957 | Quarterly Revenue Growth 0.3 | Return On Assets 0.0001 |
The market value of Paysign is measured differently than its book value, which is the value of Paysign that is recorded on the company's balance sheet. Investors also form their own opinion of Paysign's value that differs from its market value or its book value, called intrinsic value, which is Paysign's 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 Paysign's market value can be influenced by many factors that don't directly affect Paysign's 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 Paysign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paysign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paysign's 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.