Der Income Tax Expense vs Net Income Analysis

002631 Stock   5.12  0.19  3.58%   
Der International financial indicator trend analysis is much more than just examining Der International Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Der International Home is a good investment. Please check the relationship between Der International Income Tax Expense and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Der International Home. 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 Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Der International Home Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Der International's Income Tax Expense and Net Income is 0.34. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Der International Home, assuming nothing else is changed. The correlation between historical values of Der International's Income Tax Expense and Net 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 Tax Expense of Der International Home are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Der International's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Der International Home financial statement analysis. It represents the amount of money remaining after all of Der International Home operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Der International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Der International Home 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 Der International Home. 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 Selling General Administrative is expected to grow to about 174.5 M. The current year's Tax Provision is expected to grow to about 29.3 M
 2021 2022 2023 2024 (projected)
Operating Income137.7M64.2M84.8M124.2M
Total Revenue2.0B2.0B1.9B1.3B

Der International fundamental ratios Correlations

0.630.810.820.840.930.770.840.730.890.210.840.480.790.75-0.30.670.76-0.820.920.860.14-0.83-0.90.890.53
0.630.340.540.70.640.410.410.410.61-0.350.380.410.540.470.030.190.62-0.560.50.390.16-0.55-0.640.55-0.12
0.810.340.540.630.840.60.970.90.940.530.990.30.590.49-0.350.690.64-0.830.90.880.29-0.86-0.830.850.88
0.820.540.540.830.620.630.540.410.630.130.550.660.80.93-0.210.330.59-0.590.570.53-0.01-0.59-0.650.570.27
0.840.70.630.830.720.460.630.560.750.090.630.830.950.76-0.170.250.71-0.730.650.64-0.06-0.73-0.820.640.28
0.930.640.840.620.720.640.860.860.920.220.860.320.650.62-0.360.710.71-0.790.920.860.34-0.82-0.860.90.55
0.770.410.60.630.460.640.660.510.640.030.650.130.430.45-0.330.720.62-0.660.770.630.15-0.65-0.670.780.44
0.840.410.970.540.630.860.660.870.970.410.990.250.580.48-0.290.770.79-0.890.940.820.29-0.89-0.880.930.79
0.730.410.90.410.560.860.510.870.890.310.90.250.530.37-0.530.590.55-0.690.810.810.56-0.74-0.720.790.73
0.890.610.940.630.750.920.640.970.890.270.960.370.660.56-0.290.690.81-0.880.930.820.34-0.9-0.910.930.67
0.21-0.350.530.130.090.220.030.410.310.270.46-0.030.10.290.020.340.07-0.390.330.42-0.2-0.43-0.290.170.7
0.840.380.990.550.630.860.650.990.90.960.460.270.580.49-0.360.740.72-0.860.930.860.32-0.87-0.860.910.84
0.480.410.30.660.830.320.130.250.250.37-0.030.270.870.56-0.2-0.130.35-0.360.230.31-0.17-0.36-0.430.220.07
0.790.540.590.80.950.650.430.580.530.660.10.580.870.71-0.290.220.58-0.620.590.63-0.09-0.62-0.710.570.32
0.750.470.490.930.760.620.450.480.370.560.290.490.560.71-0.20.280.52-0.520.510.490.02-0.53-0.590.490.23
-0.30.03-0.35-0.21-0.17-0.36-0.33-0.29-0.53-0.290.02-0.36-0.2-0.29-0.2-0.19-0.010.03-0.26-0.29-0.690.070.04-0.34-0.35
0.670.190.690.330.250.710.720.770.590.690.340.74-0.130.220.28-0.190.64-0.70.850.660.19-0.68-0.670.820.62
0.760.620.640.590.710.710.620.790.550.810.070.720.350.580.52-0.010.64-0.860.780.530.07-0.82-0.890.860.32
-0.82-0.56-0.83-0.59-0.73-0.79-0.66-0.89-0.69-0.88-0.39-0.86-0.36-0.62-0.520.03-0.7-0.86-0.89-0.730.030.990.96-0.85-0.58
0.920.50.90.570.650.920.770.940.810.930.330.930.230.590.51-0.260.850.78-0.890.90.18-0.89-0.920.960.71
0.860.390.880.530.640.860.630.820.810.820.420.860.310.630.49-0.290.660.53-0.730.90.14-0.76-0.810.790.76
0.140.160.29-0.01-0.060.340.150.290.560.34-0.20.32-0.17-0.090.02-0.690.190.070.030.180.14-0.010.00.320.21
-0.83-0.55-0.86-0.59-0.73-0.82-0.65-0.89-0.74-0.9-0.43-0.87-0.36-0.62-0.530.07-0.68-0.820.99-0.89-0.76-0.010.95-0.84-0.61
-0.9-0.64-0.83-0.65-0.82-0.86-0.67-0.88-0.72-0.91-0.29-0.86-0.43-0.71-0.590.04-0.67-0.890.96-0.92-0.810.00.95-0.88-0.54
0.890.550.850.570.640.90.780.930.790.930.170.910.220.570.49-0.340.820.86-0.850.960.790.32-0.84-0.880.61
0.53-0.120.880.270.280.550.440.790.730.670.70.840.070.320.23-0.350.620.32-0.580.710.760.21-0.61-0.540.61
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Der International Account Relationship Matchups

Der International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.4B4.0B4.4B4.6B2.4B
Other Current Liab569.1M640.6M838.8M1.0B12.6M11.9M
Total Current Liabilities899.1M998.9M1.4B1.8B2.1B2.2B
Total Stockholder Equity1.8B1.8B1.8B1.8B1.8B1.5B
Retained Earnings901.5M835.4M892.7M853.7M782.4M562.7M
Accounts Payable203.1M196.6M378.0M364.8M355.9M182.7M
Cash1.3B894.3M945.5M1.3B1.3B716.7M
Other Assets51.9M78.7M94.0M94.9M109.1M114.6M
Net Receivables70.5M42.9M214.5M205.4M185.4M194.7M
Inventory620.8M840.0M1.2B1.2B969.9M1.0B
Other Current Assets114.0M39.8M30.3M31.9M960.6M1.0B
Total Liab1.5B1.6B2.1B2.6B2.8B3.0B
Intangible Assets206.0M141.5M137.8M131.8M125.8M117.7M
Common Stock669.0M665.6M658.6M658.6M757.4M469.7M
Property Plant Equipment521.7M461.3M569.7M471.4M542.1M410.7M
Short Term Investments282.2M628.8M203.9M241.5M203.1M272.5M
Net Tangible Assets1.6B1.6B1.7B1.7B1.9B1.6B
Deferred Long Term Liab36.7M42.3M40.0M19.7M22.6M22.8M
Total Current Assets2.4B2.5B2.8B3.3B3.7B2.4B
Other Liab6.4M5.5M6.5M10.4M11.9M7.1M
Non Current Assets Total985.3M901.5M1.2B1.1B985.8M1.1B
Non Currrent Assets Other138.8M230.3M11.2M16.6M29.1M27.7M
Non Current Liabilities Total557.5M595.4M748.5M747.6M759.7M470.8M
Short Long Term Debt68.6M100.9M64.5M342.3M677.4M711.3M
Common Stock Shares Outstanding669.0M665.6M658.6M658.6M658.7M529.0M
Net Invested Capital2.5B2.5B2.5B2.8B3.2B2.6B
Net Working Capital1.5B1.5B1.4B1.4B1.6B1.4B
Long Term Debt551.2M589.8M627.1M661.7M692.7M572.6M
Capital Stock669.0M665.6M658.6M658.6M658.7M530.4M

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Other Information on Investing in Der Stock

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