002798 Net Income vs Income Before Tax Analysis

002798 Stock   4.44  0.10  2.30%   
DO Home financial indicator trend analysis is much more than just examining DO Home Collection latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DO Home Collection is a good investment. Please check the relationship between DO Home Net Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DO Home Collection. 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.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DO Home Collection Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between DO Home's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of DO Home Collection, assuming nothing else is changed. The correlation between historical values of DO Home's Net Income 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 Net Income of DO Home Collection 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 Net Income i.e., DO Home's Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in DO Home Collection financial statement analysis. It represents the amount of money remaining after all of DO Home Collection operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on DO Home income statement and is an important metric when analyzing DO Home Collection 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 DO Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DO Home Collection 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 DO Home Collection. 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 November 29, 2024, Selling General Administrative is expected to decline to about 408.9 M. The current year's Tax Provision is expected to grow to about (57.5 M)
 2021 2022 2023 2024 (projected)
Cost Of Revenue4.5B3.4B2.9B2.0B
Research Development250.8M229.8M166.4M114.8M

DO Home fundamental ratios Correlations

0.830.321.00.970.890.930.880.740.510.980.90.980.690.140.90.980.740.990.440.950.990.990.930.950.95
0.830.160.80.720.820.930.750.940.050.720.850.830.88-0.230.850.760.970.830.380.760.870.810.890.740.76
0.320.160.270.380.360.3-0.150.110.090.290.220.40.10.540.220.250.150.30.380.50.280.270.20.450.47
1.00.80.270.970.870.910.90.720.550.990.890.970.680.110.890.990.710.990.40.930.980.990.930.940.94
0.970.720.380.970.870.860.840.60.620.990.850.940.60.30.850.980.610.960.530.940.920.970.870.950.94
0.890.820.360.870.870.960.740.830.180.870.710.930.830.240.710.850.810.880.370.940.870.840.780.940.95
0.930.930.30.910.860.960.790.920.180.870.820.950.870.040.820.880.910.920.340.910.940.890.870.910.92
0.880.75-0.150.90.840.740.790.660.520.880.830.820.63-0.070.830.90.650.880.340.750.880.90.860.770.76
0.740.940.110.720.60.830.920.66-0.140.640.670.780.92-0.260.670.670.970.740.090.690.810.690.760.70.72
0.510.050.090.550.620.180.180.52-0.140.620.480.38-0.150.30.480.62-0.130.50.360.370.420.590.430.410.37
0.980.720.290.990.990.870.870.880.640.620.850.940.60.240.850.990.630.970.420.920.940.980.870.940.93
0.90.850.220.890.850.710.820.830.670.480.850.840.59-0.091.00.870.750.920.520.790.910.930.920.760.77
0.980.830.40.970.940.930.950.820.780.380.940.840.740.170.840.940.770.970.380.970.980.950.90.980.98
0.690.880.10.680.60.830.870.630.92-0.150.60.590.74-0.260.590.630.870.660.230.70.730.640.750.690.71
0.14-0.230.540.110.30.240.04-0.07-0.260.30.24-0.090.17-0.26-0.090.15-0.230.130.320.320.020.11-0.130.320.31
0.90.850.220.890.850.710.820.830.670.480.851.00.840.59-0.090.870.750.920.520.790.910.930.920.760.77
0.980.760.250.990.980.850.880.90.670.620.990.870.940.630.150.870.660.970.40.90.960.990.910.930.91
0.740.970.150.710.610.810.910.650.97-0.130.630.750.770.87-0.230.750.660.760.20.70.810.710.770.680.71
0.990.830.30.990.960.880.920.880.740.50.970.920.970.660.130.920.970.760.420.930.990.990.920.940.94
0.440.380.380.40.530.370.340.340.090.360.420.520.380.230.320.520.40.20.420.50.360.470.50.40.44
0.950.760.50.930.940.940.910.750.690.370.920.790.970.70.320.790.90.70.930.50.920.910.840.991.0
0.990.870.280.980.920.870.940.880.810.420.940.910.980.730.020.910.960.810.990.360.920.970.940.930.93
0.990.810.270.990.970.840.890.90.690.590.980.930.950.640.110.930.990.710.990.470.910.970.930.910.91
0.930.890.20.930.870.780.870.860.760.430.870.920.90.75-0.130.920.910.770.920.50.840.940.930.820.84
0.950.740.450.940.950.940.910.770.70.410.940.760.980.690.320.760.930.680.940.40.990.930.910.821.0
0.950.760.470.940.940.950.920.760.720.370.930.770.980.710.310.770.910.710.940.441.00.930.910.841.0
Click cells to compare fundamentals

DO Home Account Relationship Matchups

DO Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B9.0B11.3B7.9B6.6B4.4B
Short Long Term Debt Total870.3M1.8B3.4B3.1B2.8B3.0B
Other Current Liab144.3M26.2M28.1M381.8M15.0M14.3M
Total Current Liabilities2.9B4.2B4.8B3.1B2.5B1.7B
Total Stockholder Equity3.6B4.3B4.5B2.8B2.2B2.0B
Other Liab97.7M103.8M97.0M97.3M111.9M117.5M
Property Plant And Equipment Net1.5B1.8B2.4B2.3B2.1B2.2B
Current Deferred Revenue409.2M601.5M731.9M160.9M473.4M255.1M
Net Debt368.0M995.5M1.7B2.2B2.1B2.2B
Retained Earnings1.0B1.6B1.6B(32.6M)(688.7M)(654.2M)
Accounts Payable1.8B2.1B2.4B1.3B1.0B864.7M
Cash502.3M843.3M1.8B905.3M711.7M542.8M
Non Current Assets Total3.0B3.4B4.0B3.7B3.4B1.8B
Non Currrent Assets Other42.5M183.5M99.8M178.6M221.5M232.5M
Other Assets9.2M76.8M78.9M1.01.151.09
Cash And Short Term Investments502.3M843.3M1.8B905.3M711.7M542.8M
Net Receivables2.7B3.7B4.1B2.5B1.7B1.5B
Liabilities And Stockholders Equity7.0B9.0B11.3B7.9B6.6B4.4B
Non Current Liabilities Total436.9M536.2M1.9B1.9B1.9B2.0B
Inventory704.5M860.1M1.3B773.2M728.8M477.3M
Other Current Assets91.9M114.3M147.3M45.1M70.5M85.1M
Other Stockholder Equity2.2B2.2B2.2B2.2B2.2B1.2B
Total Liab3.4B4.7B6.7B5.1B4.4B2.3B
Total Current Assets4.0B5.5B7.3B4.2B3.2B2.6B
Short Term Debt537.2M1.4B1.6B1.2B1.0B632.3M
Intangible Assets773.3M775.2M738.2M717.3M696.7M392.6M
Common Stock385.0M388.9M386.9M385.0M385.0M239.1M
Property Plant Equipment1.4B1.5B1.8B2.4B2.8B2.9B
Net Tangible Assets2.0B2.4B3.0B3.3B3.8B2.0B
Short Term Investments(6.8M)(14.2M)(26.0M)(17.2M)(28.2M)(26.8M)
Deferred Long Term Liab471.6K4.8M2.9M9.4M10.9M11.4M
Common Stock Shares Outstanding385.0M388.9M386.9M385.0M385.0M404.9M
Net Invested Capital4.4B5.9B7.6B5.7B4.6B5.2B
Net Working Capital1.1B1.3B2.5B1.1B712.7M1.3B
Long Term Debt333.1M409.2M1.7B1.7B1.7B1.1B
Short Long Term Debt453.0M1.3B1.4B1.1B798.9M986.1M
Capital Stock385.0M388.9M386.9M385.0M385.0M308.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in 002798 Stock

Balance Sheet is a snapshot of the financial position of DO Home Collection at a specified time, usually calculated after every quarter, six months, or one year. DO Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DO Home 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 002798 currently owns. An asset can also be divided into two categories, current and non-current.