Digital Income Before Tax vs Selling General Administrative Analysis

000555 Stock   11.78  0.10  0.84%   
Digital China financial indicator trend analysis is much more than just examining Digital China Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital China Information is a good investment. Please check the relationship between Digital China Income Before Tax and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital China Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital China Information Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Digital China's Income Before Tax and Selling General Administrative is 0.58. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Digital China Information, assuming nothing else is changed. The correlation between historical values of Digital China's Income Before Tax and Selling General Administrative 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 Digital China Information are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Digital China's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

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

Selling General Administrative

Most indicators from Digital China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital China Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital China Information. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 30.8 M, whereas Selling General Administrative is forecasted to decline to about 545.8 M.
 2021 2022 2023 2024 (projected)
Income Before Tax411.2M187.0M231.8M223.5M
Total Revenue11.4B12.0B12.1B12.7B

Digital China fundamental ratios Correlations

0.530.990.990.940.780.330.230.990.990.88-0.690.960.890.950.950.830.960.930.970.960.530.290.840.010.26
0.530.550.510.710.460.320.710.550.460.690.160.320.440.450.320.450.670.430.530.330.350.760.030.640.36
0.990.550.970.930.780.30.231.00.990.87-0.670.960.910.960.950.810.950.890.960.930.520.340.820.070.27
0.990.510.970.950.760.340.220.980.980.89-0.710.950.860.930.950.840.960.950.970.970.540.230.85-0.050.24
0.940.710.930.950.710.340.430.930.90.97-0.480.830.810.850.830.770.990.910.940.850.520.430.670.190.32
0.780.460.780.760.710.29-0.180.780.780.65-0.60.760.690.860.720.740.730.620.70.730.840.170.69-0.080.4
0.330.320.30.340.340.290.210.320.330.22-0.230.270.390.360.310.170.430.220.230.280.140.230.180.050.04
0.230.710.230.220.43-0.180.210.230.160.470.40.030.170.030.080.050.40.260.260.06-0.310.68-0.20.650.06
0.990.551.00.980.930.780.320.230.990.87-0.670.960.910.960.950.810.950.890.960.930.520.350.820.070.27
0.990.460.990.980.90.780.330.160.990.83-0.750.980.90.960.970.830.930.910.950.970.520.230.87-0.050.23
0.880.690.870.890.970.650.220.470.870.83-0.410.760.720.750.760.720.940.90.870.790.470.410.620.190.32
-0.690.16-0.67-0.71-0.48-0.6-0.230.4-0.67-0.75-0.41-0.8-0.66-0.74-0.81-0.62-0.54-0.68-0.65-0.83-0.40.36-0.950.6-0.12
0.960.320.960.950.830.760.270.030.960.980.76-0.80.850.930.980.820.860.890.90.980.520.10.91-0.180.12
0.890.440.910.860.810.690.390.170.910.90.72-0.660.850.940.90.570.860.720.890.810.340.460.760.160.29
0.950.450.960.930.850.860.360.030.960.960.75-0.740.930.940.930.760.90.790.910.90.590.30.840.00.33
0.950.320.950.950.830.720.310.080.950.970.76-0.810.980.90.930.720.860.880.920.960.410.160.9-0.140.11
0.830.450.810.840.770.740.170.050.810.830.72-0.620.820.570.760.720.760.830.780.840.75-0.010.72-0.140.34
0.960.670.950.960.990.730.430.40.950.930.94-0.540.860.860.90.860.760.90.940.870.50.430.720.160.34
0.930.430.890.950.910.620.220.260.890.910.9-0.680.890.720.790.880.830.90.910.940.470.080.83-0.140.21
0.970.530.960.970.940.70.230.260.960.950.87-0.650.90.890.910.920.780.940.910.920.490.340.780.090.22
0.960.330.930.970.850.730.280.060.930.970.79-0.830.980.810.90.960.840.870.940.920.520.020.93-0.250.16
0.530.350.520.540.520.840.14-0.310.520.520.47-0.40.520.340.590.410.750.50.470.490.52-0.030.44-0.090.4
0.290.760.340.230.430.170.230.680.350.230.410.360.10.460.30.16-0.010.430.080.340.02-0.03-0.190.910.24
0.840.030.820.850.670.690.18-0.20.820.870.62-0.950.910.760.840.90.720.720.830.780.930.44-0.19-0.470.21
0.010.640.07-0.050.19-0.080.050.650.07-0.050.190.6-0.180.160.0-0.14-0.140.16-0.140.09-0.25-0.090.91-0.470.2
0.260.360.270.240.320.40.040.060.270.230.32-0.120.120.290.330.110.340.340.210.220.160.40.240.210.2
Click cells to compare fundamentals

Digital China Account Relationship Matchups

Digital China fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.8B12.1B12.4B12.4B12.8B13.5B
Other Current Liab845.0M905.6M870.9M959.4M66.2M62.9M
Total Current Liabilities5.4B6.3B6.3B6.2B6.4B6.7B
Total Stockholder Equity5.2B5.6B5.9B6.0B6.2B6.5B
Non Current Assets Total3.0B2.7B2.8B2.7B2.6B2.8B
Non Currrent Assets Other827.2M883.1M873.1M775.9M429.9M451.4M
Liabilities And Stockholders Equity10.8B12.1B12.4B12.4B12.8B13.5B
Non Current Liabilities Total81.7M56.8M108.4M150.7M103.8M53.5M
Other Current Assets45.5M4.8M77.8M32.6M28.5M27.1M
Total Liab5.4B6.4B6.4B6.3B6.5B6.8B
Total Current Assets7.8B9.3B9.6B9.7B10.2B10.7B
Property Plant And Equipment Net490.7M453.1M506.3M461.5M463.2M486.3M
Net Debt(451.4M)(1.2B)(1.3B)(1.3B)(1.9B)(1.8B)
Accounts Payable2.7B2.9B3.5B3.5B3.8B4.0B
Cash1.4B1.9B1.5B1.7B2.1B2.2B
Cash And Short Term Investments2.2B2.7B2.3B2.3B2.4B2.5B
Net Receivables3.6B3.8B4.3B5.1B5.8B6.1B
Inventory1.9B2.8B3.0B2.4B2.0B2.1B
Other Stockholder Equity2.3B2.3B2.2B2.2B2.2B2.3B
Intangible Assets149.2M170.0M193.8M206.2M232.3M243.9M
Common Stock970.4M975.8M979.7M983.7M1.1B1.2B
Retained Earnings1.9B2.2B2.6B2.7B2.9B3.1B
Short Term Investments796.6M750.0M733.9M632.5M259.9M314.9M
Short Long Term Debt Total997.5M722.3M256.2M323.8M183.5M174.3M
Current Deferred Revenue778.3M1.8B1.7B1.5B2.4B2.5B
Short Term Debt997.5M722.3M193.5M215.3M99.6M94.7M
Other Liab47.7M75.5M56.8M45.7M52.6M37.7M
Property Plant Equipment490.7M453.1M506.3M461.5M530.7M557.2M
Long Term Debt49.5M6.2M0.066.6M55.6M55.5M
Net Tangible Assets3.2B3.5B3.9B4.3B4.9B3.8B
Deferred Long Term Liab41.3M58.6M47.6M59.3M53.4M45.1M
Short Long Term Debt952.5M722.3M164.4M176.8M56.2M53.4M
Common Stock Shares Outstanding970.4M975.8M979.7M983.7M1.1B1.1B
Net Invested Capital6.2B6.3B6.1B6.3B6.3B5.1B
Net Working Capital2.4B3.0B3.3B3.6B3.8B3.2B
Capital Stock970.4M975.8M979.7M983.7M1.1B1.1B

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Other Information on Investing in Digital Stock

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