Sharps Other Operating Expenses vs Income Before Tax Analysis
| STSS Stock | | | USD 2.50 0.26 11.61% |
Sharps Technology financial indicator trend analysis is much more than just breaking down Sharps Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharps Technology is a good investment. Please check the relationship between Sharps Technology Other Operating Expenses and its Income Before Tax accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sharps Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Sharps Stock please use our
How to Invest in Sharps Technology guide.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sharps Technology Other Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Sharps Technology's Other Operating Expenses and Income Before Tax is -0.92. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Sharps Technology, assuming nothing else is changed. The correlation between historical values of Sharps Technology's Other Operating Expenses 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 Other Operating Expenses of Sharps Technology 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 Other Operating Expenses i.e., Sharps Technology's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sharps Technology. It is also known as Sharps Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Sharps Technology income statement and is an important metric when analyzing Sharps Technology 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 Sharps Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharps Technology 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sharps Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Sharps Stock please use our
How to Invest in Sharps Technology guide.
Selling General Administrative is likely to drop to about 5.1
M in 2026.
Tax Provision is likely to drop to about (28.4
K) in 2026
Sharps Technology fundamental ratios Correlations
Click cells to compare fundamentals
Sharps Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sharps Technology fundamental ratios Accounts
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Additional Tools for Sharps Stock Analysis
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