SEB Cost Of Revenue vs Income Before Tax Analysis

0MGS Stock   90.30  0.28  0.31%   
SEB SA financial indicator trend analysis is much more than just breaking down SEB SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SEB SA is a good investment. Please check the relationship between SEB SA Cost Of Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SEB SA. 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.

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SEB SA Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SEB SA's Cost Of Revenue and Income Before Tax is 0.83. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of SEB SA, assuming nothing else is changed. The correlation between historical values of SEB SA's Cost Of Revenue 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 Cost Of Revenue of SEB SA 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 Cost Of Revenue i.e., SEB SA's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on SEB SA income statement and represents the costs associated with goods and services SEB SA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SEB SA income statement and is an important metric when analyzing SEB SA 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 SEB SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SEB SA 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 SEB SA. 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.
Tax Provision is likely to gain to about 117.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 B in 2024.
 2019 2020 2023 2024 (projected)
Interest Income65.7M52.3M60.1M56.5M
Tax Provision131.5M93.8M107.9M117.4M

SEB SA fundamental ratios Correlations

0.90.870.96-0.660.920.960.830.910.430.920.850.960.90.670.830.990.930.850.550.850.820.96-0.22-0.720.85
0.90.630.96-0.610.850.890.980.830.540.810.710.920.810.60.790.850.840.690.180.760.720.92-0.33-0.650.77
0.870.630.73-0.540.860.790.530.870.040.780.880.760.820.810.660.90.920.910.780.70.70.77-0.27-0.590.78
0.960.960.73-0.760.870.980.90.860.580.870.750.950.850.660.830.910.890.740.290.810.750.96-0.32-0.670.8
-0.66-0.61-0.54-0.76-0.66-0.81-0.56-0.68-0.67-0.69-0.59-0.71-0.57-0.49-0.76-0.6-0.63-0.51-0.08-0.69-0.56-0.70.30.58-0.63
0.920.850.860.87-0.660.870.810.990.320.860.950.890.850.710.890.920.930.920.50.810.790.89-0.28-0.80.92
0.960.890.790.98-0.810.870.820.870.560.860.770.930.880.680.850.920.890.770.380.80.760.96-0.28-0.690.84
0.830.980.530.9-0.560.810.820.790.550.750.680.850.760.530.770.770.780.590.060.720.70.84-0.25-0.650.74
0.910.830.870.86-0.680.990.870.790.320.850.970.870.850.70.90.910.920.90.50.80.80.87-0.23-0.820.92
0.430.540.040.58-0.670.320.560.550.320.60.180.60.4-0.090.630.350.190.14-0.210.660.550.570.13-0.570.43
0.920.810.780.87-0.690.860.860.750.850.60.780.970.840.490.870.910.790.80.530.990.920.93-0.05-0.840.84
0.850.710.880.75-0.590.950.770.680.970.180.780.760.820.660.850.860.880.870.580.740.790.75-0.1-0.820.89
0.960.920.760.95-0.710.890.930.850.870.60.970.760.860.580.860.930.850.820.440.930.850.99-0.23-0.760.84
0.90.810.820.85-0.570.850.880.760.850.40.840.820.860.680.840.90.870.770.520.80.90.88-0.02-0.770.93
0.670.60.810.66-0.490.710.680.530.7-0.090.490.660.580.680.440.660.890.690.360.40.410.61-0.63-0.240.61
0.830.790.660.83-0.760.890.850.770.90.630.870.850.860.840.440.80.740.750.320.860.880.860.0-0.950.95
0.990.850.90.91-0.60.920.920.770.910.350.910.860.930.90.660.80.920.880.650.840.830.94-0.16-0.730.85
0.930.840.920.89-0.630.930.890.780.920.190.790.880.850.870.890.740.920.860.510.710.710.86-0.41-0.590.82
0.850.690.910.74-0.510.920.770.590.90.140.80.870.820.770.690.750.880.860.710.730.690.84-0.32-0.680.84
0.550.180.780.29-0.080.50.380.060.5-0.210.530.580.440.520.360.320.650.510.710.470.510.450.13-0.410.47
0.850.760.70.81-0.690.810.80.720.80.660.990.740.930.80.40.860.840.710.730.470.930.870.02-0.860.81
0.820.720.70.75-0.560.790.760.70.80.550.920.790.850.90.410.880.830.710.690.510.930.810.23-0.920.89
0.960.920.770.96-0.70.890.960.840.870.570.930.750.990.880.610.860.940.860.840.450.870.81-0.27-0.730.86
-0.22-0.33-0.27-0.320.3-0.28-0.28-0.25-0.230.13-0.05-0.1-0.23-0.02-0.630.0-0.16-0.41-0.320.130.020.23-0.27-0.27-0.05
-0.72-0.65-0.59-0.670.58-0.8-0.69-0.65-0.82-0.57-0.84-0.82-0.76-0.77-0.24-0.95-0.73-0.59-0.68-0.41-0.86-0.92-0.73-0.27-0.89
0.850.770.780.8-0.630.920.840.740.920.430.840.890.840.930.610.950.850.820.840.470.810.890.86-0.05-0.89
Click cells to compare fundamentals

SEB SA Account Relationship Matchups

SEB SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.1B7.8B9.3B10.7B8.2B
Short Long Term Debt Total2.1B1.8B2.3B2.3B2.6B2.2B
Total Current Liabilities2.3B3.6B4.0B3.2B3.7B3.1B
Total Stockholder Equity1.8B2.1B2.4B2.5B2.8B2.3B
Retained Earnings1.1B1.2B1.2B1.3B1.1B1.1B
Cash98.9M38.1M153.4M560.2M644.2M676.4M
Other Assets179.3M192M213.9M219.8M252.8M175.1M
Long Term Debt2.0B1.8B2.0B2.0B2.3B2.1B
Cash And Short Term Investments755.5M873.4M795.7M2.4B2.8B2.9B
Net Receivables1.3B1.0B973.5M1.2B1.3B1.2B
Good Will1.5B1.5B1.6B1.6B1.9B1.7B
Short Term Investments216.8M260.7M10.2M664.7M764.4M802.6M
Inventory1.2B1.2B1.8B1.7B1.9B1.5B
Other Current Assets74.2M131.7M217.3M76.8M88.3M104.9M
Other Stockholder Equity1.1B1.1B1.6B3.1B3.6B3.8B
Total Liab4.9B5.0B5.4B6.8B7.8B6.0B
Total Current Assets3.4B4.8B5.5B4.3B4.9B4.3B
Treasury Stock(67.3M)(82.4M)(52.8M)(19.6M)(22.5M)(23.7M)
Short Term Debt447M300M347M1.1B1.3B666.8M
Intangible Assets1.2B1.2B1.3B1.3B1.5B1.3B
Property Plant Equipment1.2B1.2B1.3B1.3B1.5B1.2B
Other Current Liab389.6M363.5M415.8M688.6M791.9M552.8M
Other Liab634.1M614.4M602.3M512.7M461.4M477.9M
Net Tangible Assets(459M)(417.3M)12M95.8M110.2M115.7M
Accounts Payable1.0B1.3B1.6B1.0B1.2B1.3B

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.

Additional Tools for SEB Stock Analysis

When running SEB SA's price analysis, check to measure SEB SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SEB SA is operating at the current time. Most of SEB SA's value examination focuses on studying past and present price action to predict the probability of SEB SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SEB SA's price. Additionally, you may evaluate how the addition of SEB SA to your portfolios can decrease your overall portfolio volatility.