Markel Ebit vs Income Before Tax Analysis

0JYM Stock   1,786  18.93  1.05%   
Markel Corp financial indicator trend analysis is infinitely more than just investigating Markel Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Markel Corp is a good investment. Please check the relationship between Markel Corp Ebit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Markel Corp. 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.

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

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

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Markel Corp income statement and is an important metric when analyzing Markel Corp 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 Markel Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Markel Corp 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 Markel Corp. 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.
Selling General Administrative is likely to gain to about 815.9 M in 2024. Tax Provision is likely to gain to about 826.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit12.8B11.6B15.6B16.4B
Total Revenue12.9B11.8B15.8B16.6B

Markel Corp fundamental ratios Correlations

0.950.95-0.130.930.580.57-0.560.880.880.70.310.870.230.950.450.910.640.490.45-0.530.780.670.860.28-0.19
0.950.97-0.090.90.70.45-0.380.80.80.720.190.910.080.910.610.920.750.610.49-0.660.670.750.910.51-0.32
0.950.97-0.220.950.610.61-0.460.860.880.80.370.880.030.950.570.970.650.490.63-0.520.790.70.870.42-0.28
-0.13-0.09-0.22-0.260.09-0.190.3-0.06-0.34-0.2-0.24-0.090.09-0.21-0.1-0.45-0.090.02-0.36-0.08-0.26-0.06-0.160.11-0.14
0.930.90.95-0.260.380.68-0.690.850.940.860.510.87-0.040.970.540.940.460.270.5-0.410.880.490.860.3-0.09
0.580.70.610.090.38-0.030.230.460.250.23-0.30.580.190.40.470.540.860.810.31-0.70.070.890.610.56-0.67
0.570.450.61-0.190.68-0.03-0.610.770.740.690.850.38-0.010.710.00.59-0.13-0.310.630.230.890.10.31-0.26-0.12
-0.56-0.38-0.460.3-0.690.23-0.61-0.58-0.69-0.64-0.62-0.460.07-0.66-0.2-0.510.10.26-0.04-0.04-0.760.04-0.470.18-0.4
0.880.80.86-0.060.850.460.77-0.580.810.80.60.750.040.880.380.80.390.230.53-0.30.830.540.690.18-0.29
0.880.80.88-0.340.940.250.74-0.690.810.740.590.720.120.930.320.890.350.160.58-0.190.880.370.730.070.01
0.70.720.8-0.20.860.230.69-0.640.80.740.70.78-0.490.810.710.760.240.060.51-0.340.810.350.740.44-0.11
0.310.190.37-0.240.51-0.30.85-0.620.60.590.70.24-0.350.490.120.37-0.36-0.510.540.330.75-0.170.19-0.170.12
0.870.910.88-0.090.870.580.38-0.460.750.720.780.24-0.120.870.720.840.590.450.29-0.760.640.610.940.6-0.26
0.230.080.030.09-0.040.19-0.010.070.040.12-0.49-0.35-0.120.08-0.640.030.210.23-0.10.08-0.010.17-0.09-0.53-0.03
0.950.910.95-0.210.970.40.71-0.660.880.930.810.490.870.080.450.920.470.290.52-0.420.910.560.850.25-0.1
0.450.610.57-0.10.540.470.0-0.20.380.320.710.120.72-0.640.450.530.550.470.22-0.710.250.510.760.9-0.14
0.910.920.97-0.450.940.540.59-0.510.80.890.760.370.840.030.920.530.630.450.62-0.480.780.650.850.34-0.24
0.640.750.65-0.090.460.86-0.130.10.390.350.24-0.360.590.210.470.550.630.960.3-0.750.130.90.70.62-0.32
0.490.610.490.020.270.81-0.310.260.230.160.06-0.510.450.230.290.470.450.960.18-0.73-0.060.820.530.62-0.3
0.450.490.63-0.360.50.310.63-0.040.530.580.510.540.29-0.10.520.220.620.30.180.040.560.440.320.16-0.28
-0.53-0.66-0.52-0.08-0.41-0.70.23-0.04-0.3-0.19-0.340.33-0.760.08-0.42-0.71-0.48-0.75-0.730.04-0.08-0.65-0.74-0.80.37
0.780.670.79-0.260.880.070.89-0.760.830.880.810.750.64-0.010.910.250.780.13-0.060.56-0.080.290.62-0.010.08
0.670.750.7-0.060.490.890.10.040.540.370.35-0.170.610.170.560.510.650.90.820.44-0.650.290.70.55-0.39
0.860.910.87-0.160.860.610.31-0.470.690.730.740.190.94-0.090.850.760.850.70.530.32-0.740.620.70.62-0.13
0.280.510.420.110.30.56-0.260.180.180.070.44-0.170.6-0.530.250.90.340.620.620.16-0.8-0.010.550.62-0.25
-0.19-0.32-0.28-0.14-0.09-0.67-0.12-0.4-0.290.01-0.110.12-0.26-0.03-0.1-0.14-0.24-0.32-0.3-0.280.370.08-0.39-0.13-0.25
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Markel Corp Account Relationship Matchups

Markel Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.5B41.7B48.5B63.4B55.0B57.8B
Short Long Term Debt Total3.5B3.5B4.4B4.1B3.8B4.0B
Total Stockholder Equity11.1B12.8B14.7B13.1B15.0B15.7B
Net Debt461.4M(857.7M)382.8M(33.8M)32.7M31.1M
Retained Earnings7.5B8.2B10.4B9.8B11.4B11.9B
Common Stock Shares Outstanding13.9M13.8M13.8M13.6M13.4M9.9M
Liabilities And Stockholders Equity48.7B41.7B63.6B63.4B55.0B57.8B
Non Current Liabilities Total3.5B3.5B4.4B4.1B39.5B41.5B
Other Stockholder Equity208.8M584.4M237.6M(857.1M)(985.6M)(936.4M)
Total Liab19.4B21.2B24.2B25.5B39.5B41.5B
Property Plant And Equipment Net441.9M1.2B1.6B1.7B1.9B2.0B
Non Current Assets Total22.8B24.1B27.7B4.4B31.9B33.5B
Non Currrent Assets Other(22.8B)(1.2B)(1.7B)(24.0B)27.1B28.4B
Intangible Assets1.7B1.8B1.8B1.7B1.6B1.7B
Other Assets(6.9B)(7.4B)(7.3B)56.1B12.9B10.5B
Net Receivables7.3B7.9B9.7B11.4B12.7B13.3B
Total Current Assets21.5B25.0B28.1B3.0B10.2B6.4B
Cash3.1B4.3B4.0B4.1B4.3B4.5B
Cash And Short Term Investments14.2B17.1B18.4B18.7B10.2B7.8B
Short Term Investments11.2B12.7B14.4B14.5B3.8B6.0B
Other Current Assets(303.1M)9.6B9.1B(447K)11.5B12.1B
Accumulated Other Comprehensive Income208.8M584.4M237.6M(857.1M)(478.2M)(454.3M)
Other Current Liab(11.3B)(12.4B)(7.5B)(8.8B)(1.1B)(1.2B)
Total Current Liabilities5.7B6.2B7.5B8.7B15.5B16.3B
Common Stock3.4B3.4B3.4B3.5B3.5B2.3B
Good Will2.3B2.6B2.9B2.6B2.6B1.7B
Accounts Payable5.7B6.2B7.5B669.7M1.0B985.8M
Short Term Debt288.5M113.0M126.8M500.5M202.0M246.5M
Current Deferred Revenue5.1B5.5B6.1B8.2B29.4M27.9M
Long Term Debt3.1B2.7B3.5B3.4B4.0B3.4B
Inventory303.1M(9.6B)(9.1B)(27.1B)(22.9B)(21.8B)
Property Plant Equipment588.6M632M1.1B1.2B1.4B783.5M
Other Liab18.2B20.2B22.3B24.6B28.3B21.7B
Net Tangible Assets7.0B7.8B9.4B8.1B9.3B8.0B

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