Western Income Before Tax vs Net Interest Income Analysis

002149 Stock

19.61 0.28 1.45%

Western Metal financial indicator trend analysis is more than just analyzing Western Metal Materials current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Western Metal Materials is a good investment. Please check the relationship between Western Metal Income Before Tax and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Western Metal Materials. 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 Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Western Metal Materials Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Western Metal's Income Before Tax and Net Interest Income is 0.55. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Western Metal Materials, assuming nothing else is changed. The correlation between historical values of Western Metal's Income Before Tax and Net Interest 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 Income Before Tax of Western Metal Materials are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Western Metal's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Before Tax

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Western Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Western Metal Materials 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 Western Metal Materials. 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.

As of April 21, 2025, Selling General Administrative is expected to decline to about 80.8 M. In addition to that, Tax Provision is expected to decline to about 17.5 M

	2022	2024	2025 (projected)
EBITDA	455.8M	524.2M	370.5M
Interest Income	3.2M	5.9M	4.1M

Ebitda Interest Income

Western Metal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.34	0.78	0.98	0.57	0.91	0.74	0.88	0.94	0.59	0.94	0.98	0.16	0.97	0.55	0.93	0.51	0.87	-0.59	0.85	0.82	0.85	0.89	0.83	0.83	0.6
Other Current Liab	0.34		0.59	0.27	-0.07	0.36	0.36	0.29	0.21	0.04	0.21	0.32	0.14	0.41	-0.14	0.23	0.5	0.25	-0.3	0.37	0.31	0.38	0.35	0.32	0.39	0.25
Total Current Liabilities	0.78	0.59		0.73	0.63	0.61	0.85	0.73	0.71	0.19	0.64	0.78	0.36	0.81	0.57	0.72	0.68	0.79	-0.51	0.81	0.78	0.84	0.84	0.79	0.72	0.56
Total Stockholder Equity	0.98	0.27	0.73		0.56	0.87	0.71	0.88	0.92	0.52	0.94	0.97	0.2	0.91	0.61	0.96	0.43	0.92	-0.59	0.86	0.82	0.87	0.91	0.86	0.81	0.62
Other Liab	0.57	-0.07	0.63	0.56		0.29	0.75	0.46	0.56	0.24	0.57	0.56	0.29	0.56	0.82	0.59	0.71	0.58	-0.12	0.49	0.52	0.45	0.51	0.55	0.37	0.32
Retained Earnings	0.91	0.36	0.61	0.87	0.29		0.54	0.74	0.89	0.77	0.88	0.87	-0.12	0.9	0.24	0.79	0.31	0.73	-0.57	0.82	0.75	0.75	0.82	0.69	0.9	0.49
Accounts Payable	0.74	0.36	0.85	0.71	0.75	0.54		0.64	0.65	0.3	0.67	0.8	0.58	0.73	0.72	0.76	0.64	0.77	-0.26	0.75	0.81	0.72	0.78	0.82	0.58	0.54
Cash	0.88	0.29	0.73	0.88	0.46	0.74	0.64		0.75	0.42	0.71	0.88	0.32	0.84	0.49	0.81	0.35	0.84	-0.83	0.75	0.74	0.89	0.86	0.82	0.68	0.57
Other Assets	0.94	0.21	0.71	0.92	0.56	0.89	0.65	0.75		0.63	0.91	0.91	0.0	0.93	0.53	0.85	0.47	0.8	-0.52	0.82	0.73	0.78	0.82	0.74	0.84	0.65
Long Term Debt	0.59	0.04	0.19	0.52	0.24	0.77	0.3	0.42	0.63		0.61	0.53	-0.33	0.62	0.04	0.44	0.25	0.32	-0.35	0.46	0.38	0.31	0.42	0.33	0.6	0.2
Net Receivables	0.94	0.21	0.64	0.94	0.57	0.88	0.67	0.71	0.91	0.61		0.91	0.04	0.88	0.58	0.93	0.46	0.8	-0.34	0.8	0.8	0.69	0.81	0.72	0.79	0.46
Inventory	0.98	0.32	0.78	0.97	0.56	0.87	0.8	0.88	0.91	0.53	0.91		0.31	0.94	0.59	0.95	0.43	0.9	-0.55	0.88	0.87	0.88	0.92	0.88	0.8	0.66
Other Current Assets	0.16	0.14	0.36	0.2	0.29	-0.12	0.58	0.32	0.0	-0.33	0.04	0.31		0.12	0.47	0.36	0.16	0.35	-0.05	0.23	0.35	0.32	0.28	0.38	-0.14	0.45
Total Liab	0.97	0.41	0.81	0.91	0.56	0.9	0.73	0.84	0.93	0.62	0.88	0.94	0.12		0.45	0.85	0.58	0.77	-0.58	0.81	0.77	0.81	0.84	0.76	0.81	0.56
Intangible Assets	0.55	-0.14	0.57	0.61	0.82	0.24	0.72	0.49	0.53	0.04	0.58	0.59	0.47	0.45		0.68	0.49	0.7	-0.09	0.51	0.56	0.5	0.56	0.64	0.31	0.38
Common Stock	0.93	0.23	0.72	0.96	0.59	0.79	0.76	0.81	0.85	0.44	0.93	0.95	0.36	0.85	0.68		0.41	0.91	-0.43	0.87	0.85	0.81	0.88	0.81	0.71	0.63
Property Plant Equipment	0.51	0.5	0.68	0.43	0.71	0.31	0.64	0.35	0.47	0.25	0.46	0.43	0.16	0.58	0.49	0.41		0.36	-0.13	0.34	0.34	0.3	0.34	0.36	0.32	0.21
Net Tangible Assets	0.87	0.25	0.79	0.92	0.58	0.73	0.77	0.84	0.8	0.32	0.8	0.9	0.35	0.77	0.7	0.91	0.36		-0.58	0.92	0.87	0.92	0.97	0.93	0.79	0.69
Other Stockholder Equity	-0.59	-0.3	-0.51	-0.59	-0.12	-0.57	-0.26	-0.83	-0.52	-0.35	-0.34	-0.55	-0.05	-0.58	-0.09	-0.43	-0.13	-0.58		-0.55	-0.41	-0.75	-0.64	-0.56	-0.57	-0.47
Deferred Long Term Liab	0.85	0.37	0.81	0.86	0.49	0.82	0.75	0.75	0.82	0.46	0.8	0.88	0.23	0.81	0.51	0.87	0.34	0.92	-0.55		0.9	0.89	0.97	0.86	0.9	0.7
Long Term Investments	0.82	0.31	0.78	0.82	0.52	0.75	0.81	0.74	0.73	0.38	0.8	0.87	0.35	0.77	0.56	0.85	0.34	0.87	-0.41	0.9		0.81	0.91	0.87	0.82	0.56
Short Long Term Debt	0.85	0.38	0.84	0.87	0.45	0.75	0.72	0.89	0.78	0.31	0.69	0.88	0.32	0.81	0.5	0.81	0.3	0.92	-0.75	0.89	0.81		0.96	0.91	0.81	0.69
Total Current Assets	0.89	0.35	0.84	0.91	0.51	0.82	0.78	0.86	0.82	0.42	0.81	0.92	0.28	0.84	0.56	0.88	0.34	0.97	-0.64	0.97	0.91	0.96		0.93	0.89	0.66
Short Term Debt	0.83	0.32	0.79	0.86	0.55	0.69	0.82	0.82	0.74	0.33	0.72	0.88	0.38	0.76	0.64	0.81	0.36	0.93	-0.56	0.86	0.87	0.91	0.93		0.79	0.61
Non Current Assets Total	0.83	0.39	0.72	0.81	0.37	0.9	0.58	0.68	0.84	0.6	0.79	0.8	-0.14	0.81	0.31	0.71	0.32	0.79	-0.57	0.9	0.82	0.81	0.89	0.79		0.51
Non Currrent Assets Other	0.6	0.25	0.56	0.62	0.32	0.49	0.54	0.57	0.65	0.2	0.46	0.66	0.45	0.56	0.38	0.63	0.21	0.69	-0.47	0.7	0.56	0.69	0.66	0.61	0.51

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Western Metal Account Relationship Matchups

Western Metal fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.6B	5.8B	6.4B	6.6B	7.5B	7.9B
Other Current Liab	202.1M	238.0M	293.4M	240.7M	276.8M	147.6M
Total Current Liabilities	2.3B	2.3B	2.8B	2.3B	2.6B	1.4B
Total Stockholder Equity	2.6B	2.6B	2.8B	2.9B	3.4B	3.5B
Other Liab	235.2M	235.7M	225.1M	227.3M	261.4M	156.5M
Retained Earnings	156.6M	216.4M	288.4M	377.7M	434.4M	456.1M
Accounts Payable	643.8M	681.7M	639.7M	628.3M	722.5M	397.2M
Cash	1.1B	660.4M	633.0M	722.1M	830.4M	871.9M
Other Assets	119.4M	113.7M	122.1M	225.8M	259.7M	272.7M
Long Term Debt	100.1M	219.3M	89.1M	547.4M	629.5M	661.0M
Net Receivables	654.0M	772.3M	984.9M	1.1B	1.3B	1.4B
Inventory	1.4B	1.5B	1.5B	1.5B	1.8B	1.8B
Other Current Assets	158.3M	132.6M	37.5M	11.2M	12.8M	12.2M
Total Liab	2.6B	2.7B	3.2B	3.1B	3.6B	3.8B
Intangible Assets	288.8M	269.3M	256.3M	239.4M	275.3M	166.4M
Property Plant Equipment	1.3B	1.4B	1.3B	1.4B	1.7B	1.2B
Net Tangible Assets	1.5B	1.5B	2.3B	2.4B	2.7B	1.8B
Other Stockholder Equity	9.8M	9.5M	4.4M	6.4M	5.8M	6.2M
Deferred Long Term Liab	18.2M	19.6M	21.7M	24.6M	28.3M	20.8M
Short Long Term Debt	1.2B	1.1B	1.4B	1.1B	1.2B	958.7M
Total Current Assets	3.7B	3.7B	4.1B	4.2B	4.8B	3.0B
Non Current Assets Total	1.9B	2.1B	2.3B	2.4B	2.7B	2.2B
Non Currrent Assets Other	46.3M	144.7M	55.7M	43.4M	49.9M	52.4M
Non Current Liabilities Total	325.2M	453.6M	366.1M	813.2M	935.2M	982.0M
Net Debt	233.0M	691.2M	806.8M	896.3M	1.0B	638.1M
Net Invested Capital	3.9B	4.0B	4.2B	4.5B	5.2B	3.8B
Net Working Capital	1.4B	1.4B	1.2B	1.9B	2.2B	1.2B
Property Plant And Equipment Net	1.3B	1.4B	1.6B	1.7B	2.0B	1.7B
Property Plant And Equipment Gross	2.1B	2.4B	2.6B	1.7B	1.5B	1.7B

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Other Information on Investing in Western Stock

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

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Western Income Before Tax vs Net Interest Income Analysis

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Interest Income

Western Metal fundamental ratios Correlations

Western Metal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Metal fundamental ratios Accounts

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Other Information on Investing in Western Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Assets
Inventory	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Net Tangible Assets
Total Current Assets	+ 0.97	Deferred Long Term Liab

Other Stockholder Equity	- 0.83	Cash
Short Long Term Debt	- 0.75	Other Stockholder Equity
Total Current Assets	- 0.64	Other Stockholder Equity
Other Stockholder Equity	- 0.59	Total Stockholder Equity
Other Stockholder Equity	- 0.59	Total Assets
Other Stockholder Equity	- 0.58	Net Tangible Assets