Medexus Other Operating Expenses vs Operating Income Analysis
MDP Stock | 2.66 0.08 2.92% |
Medexus Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Medexus Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medexus Pharmaceuticals is a good investment. Please check the relationship between Medexus Pharmaceuticals Other Operating Expenses and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medexus 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 board of governors.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medexus Pharmaceuticals Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Medexus Pharmaceuticals' Other Operating Expenses and Operating Income is 0.43. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Medexus Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Medexus Pharmaceuticals' Other Operating Expenses and Operating Income 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 Medexus Pharmaceuticals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Medexus Pharmaceuticals' Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Medexus Pharmaceuticals. It is also known as Medexus Pharmaceuticals 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.Operating Income
Operating Income is the amount of profit realized from Medexus Pharmaceuticals 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 Medexus Pharmaceuticals 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.Most indicators from Medexus Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medexus 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medexus 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 board of governors. As of the 3rd of August 2025, Selling General Administrative is likely to grow to about 45.3 M, while Tax Provision is likely to drop (847.4 K).
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 60.0M | 59.5M | 56.6M | 28.9M | Total Revenue | 108.1M | 113.1M | 108.3M | 113.7M |
Medexus Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Medexus Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Medexus Pharmaceuticals fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 148.5M | 139.2M | 161.3M | 155.7M | 171.8M | 180.4M | |
Total Current Liabilities | 39.9M | 48.1M | 83.5M | 66.2M | 97.3M | 102.2M | |
Total Stockholder Equity | 18.0M | 17.8M | 22.4M | 30.3M | 52.1M | 54.8M | |
Net Debt | 26.2M | 44.8M | 57.0M | 44.6M | 13.2M | 16.1M | |
Retained Earnings | (62.4M) | (65.2M) | (64.0M) | (64.2M) | (62.0M) | (58.9M) | |
Cash | 18.7M | 10.0M | 13.1M | 5.3M | 24.0M | 25.2M | |
Cash And Short Term Investments | 18.7M | 10.0M | 13.1M | 5.3M | 24.0M | 25.2M | |
Common Stock Shares Outstanding | 15.2M | 19.9M | 20.5M | 22.5M | 32.3M | 17.9M | |
Liabilities And Stockholders Equity | 148.5M | 139.2M | 161.3M | 155.7M | 171.8M | 180.4M | |
Other Stockholder Equity | 9.5M | 10.4M | 11.3M | 12.0M | 6.0M | 7.6M | |
Total Liab | 130.5M | 121.4M | 138.9M | 125.4M | 119.7M | 63.6M | |
Total Current Assets | 58.6M | 49.1M | 73.0M | 72.5M | 80.6M | 84.6M | |
Short Long Term Debt Total | 44.9M | 54.9M | 70.1M | 49.9M | 57.4M | 28.8M | |
Other Current Liab | 14.5M | 2.6M | 2.7M | 2.7M | 125K | 118.8K | |
Property Plant And Equipment Net | 795K | 1.2M | 899K | 778K | 689K | 574.1K | |
Accounts Payable | 14.9M | 12.0M | 10.2M | 7.8M | 5.7M | 6.5M | |
Non Current Assets Total | 89.9M | 90.1M | 88.4M | 83.2M | 91.3M | 53.4M | |
Net Receivables | 18.8M | 14.4M | 22.4M | 24.0M | 13.2M | 10.7M | |
Non Current Liabilities Total | 90.6M | 73.3M | 55.4M | 59.2M | 22.4M | 38.9M | |
Inventory | 14.7M | 21.4M | 22.8M | 30.8M | 35.3M | 37.1M | |
Other Current Assets | 1.7M | 1.3M | 2.3M | 2.3M | 376K | 357.2K | |
Intangible Assets | 76.4M | 76.6M | 70.4M | 64.1M | 71.6M | 43.7M | |
Other Assets | 2.1M | 1.6M | 6.8M | 8.0M | 9.0M | 9.4M | |
Non Currrent Assets Other | 2.1M | 2.1M | 1.6M | 9.2M | 10.6M | 11.1M | |
Common Stock | 66.7M | 68.7M | 69.0M | 76.4M | 96.1M | 58.6M | |
Long Term Debt | 34.3M | 39.8M | 27.4M | 34.2M | 198K | 188.1K | |
Long Term Debt Total | 34.3M | 39.8M | 27.4M | 34.2M | 198K | 188.1K | |
Capital Surpluse | 9.5M | 10.4M | 11.3M | 12.0M | 12.0M | 9.5M | |
Cash And Equivalents | 18.7M | 10.0M | 13.1M | 5.3M | 24.0M | 12.7M | |
Property Plant Equipment | 795K | 1.2M | 899K | 778K | 689K | 780.4K | |
Net Tangible Assets | (55.5M) | (69.0M) | (69.5M) | (58.2M) | (52.4M) | (55.0M) | |
Net Invested Capital | 62.9M | 72.7M | 92.5M | 80.2M | 89.3M | 70.3M | |
Short Long Term Debt | 10.6M | 15.0M | 42.7M | 15.7M | 37.0M | 20.6M | |
Net Working Capital | 18.6M | 1.0M | (10.5M) | 6.3M | (16.7M) | (15.9M) | |
Other Liab | 35.7M | 56.3M | 33.5M | 28.0M | 25.2M | 30.9M | |
Good Will | 10.7M | 10.7M | 10.3M | 10.3M | 10.0M | 10.8M | |
Accumulated Other Comprehensive Income | 4.2M | 4.0M | 6.2M | 6.2M | 7.1M | 4.6M | |
Capital Stock | 66.7M | 68.7M | 69.0M | 76.4M | 96.1M | 73.1M |
Pair Trading with Medexus Pharmaceuticals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Medexus Pharmaceuticals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Medexus Pharmaceuticals will appreciate offsetting losses from the drop in the long position's value.Moving against Medexus Stock
0.46 | WEF | Western Forest Products Earnings Call This Week | PairCorr |
0.41 | IGM | IGM Financial Earnings Call This Week | PairCorr |
0.33 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Medexus Pharmaceuticals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medexus Pharmaceuticals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Medexus Pharmaceuticals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Medexus Pharmaceuticals to buy it.
The correlation of Medexus Pharmaceuticals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Medexus Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medexus Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Medexus Pharmaceuticals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Medexus Stock
Balance Sheet is a snapshot of the financial position of Medexus Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Medexus Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Medexus Pharmaceuticals 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 Medexus currently owns. An asset can also be divided into two categories, current and non-current.