MOL Interest Income vs Income Before Tax Analysis

0RUK Stock   2,922  270.00  10.18%   
MOL Hungarian financial indicator trend analysis is infinitely more than just investigating MOL Hungarian Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MOL Hungarian Oil is a good investment. Please check the relationship between MOL Hungarian Interest Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MOL Hungarian Oil. 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MOL Hungarian Oil Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between MOL Hungarian's Interest Income and Income Before Tax is -0.97. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of MOL Hungarian Oil, assuming nothing else is changed. The correlation between historical values of MOL Hungarian's Interest 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 Interest Income of MOL Hungarian Oil 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 Interest Income i.e., MOL Hungarian's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on MOL Hungarian income statement and is an important metric when analyzing MOL Hungarian Oil 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 MOL Hungarian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MOL Hungarian Oil 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 MOL Hungarian Oil. 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 drop to about 9.5 B in 2024. Selling General Administrative is likely to drop to about 340.6 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income3.8B89.8B103.3B108.4B
Tax Provision47.3B11.1B10.0B9.5B

MOL Hungarian fundamental ratios Correlations

0.930.780.970.80.630.770.87-0.150.920.97-0.64-0.440.870.730.960.980.850.89-0.480.960.70.930.820.820.63
0.930.760.860.70.580.650.98-0.470.830.84-0.58-0.290.830.660.960.960.790.87-0.340.960.620.930.790.80.52
0.780.760.690.830.580.270.76-0.230.910.77-0.46-0.420.970.820.850.820.970.7-0.430.890.830.660.990.960.72
0.970.860.690.780.610.810.76-0.010.90.97-0.69-0.420.820.70.90.90.80.83-0.460.90.660.870.740.750.57
0.80.70.830.780.530.470.66-0.050.870.85-0.59-0.790.860.980.790.790.860.88-0.80.850.980.770.880.870.78
0.630.580.580.610.530.530.58-0.290.640.58-0.85-0.230.630.530.710.620.60.67-0.270.660.470.640.580.590.41
0.770.650.270.810.470.530.560.090.570.72-0.56-0.30.430.370.690.70.40.71-0.360.620.310.810.330.390.25
0.870.980.760.760.660.580.56-0.570.770.76-0.52-0.260.80.630.930.940.750.85-0.320.930.60.910.780.790.51
-0.15-0.47-0.23-0.01-0.05-0.290.09-0.57-0.090.00.29-0.18-0.23-0.15-0.33-0.27-0.16-0.3-0.14-0.31-0.08-0.33-0.25-0.260.01
0.920.830.910.90.870.640.570.77-0.090.92-0.63-0.440.980.830.930.890.980.79-0.460.940.80.790.940.950.67
0.970.840.770.970.850.580.720.760.00.92-0.65-0.570.860.780.890.920.850.84-0.60.920.760.860.820.810.75
-0.64-0.58-0.46-0.69-0.59-0.85-0.56-0.520.29-0.63-0.650.32-0.6-0.62-0.66-0.56-0.57-0.680.36-0.63-0.5-0.64-0.53-0.54-0.38
-0.44-0.29-0.42-0.42-0.79-0.23-0.3-0.26-0.18-0.44-0.570.32-0.42-0.78-0.36-0.43-0.43-0.641.0-0.45-0.81-0.49-0.49-0.48-0.8
0.870.830.970.820.860.630.430.8-0.230.980.86-0.6-0.420.850.920.871.00.78-0.440.940.830.750.990.980.69
0.730.660.820.70.980.530.370.63-0.150.830.78-0.62-0.780.850.760.730.850.84-0.790.820.980.720.880.880.77
0.960.960.850.90.790.710.690.93-0.330.930.89-0.66-0.360.920.760.970.890.89-0.410.980.710.930.880.90.58
0.980.960.820.90.790.620.70.94-0.270.890.92-0.56-0.430.870.730.970.840.9-0.480.980.710.940.850.850.66
0.850.790.970.80.860.60.40.75-0.160.980.85-0.57-0.431.00.850.890.840.74-0.440.920.830.710.980.980.7
0.890.870.70.830.880.670.710.85-0.30.790.84-0.68-0.640.780.840.890.90.74-0.690.910.820.960.770.780.63
-0.48-0.34-0.43-0.46-0.8-0.27-0.36-0.32-0.14-0.46-0.60.361.0-0.44-0.79-0.41-0.48-0.44-0.69-0.49-0.81-0.55-0.51-0.5-0.8
0.960.960.890.90.850.660.620.93-0.310.940.92-0.63-0.450.940.820.980.980.920.91-0.490.790.920.920.920.67
0.70.620.830.660.980.470.310.6-0.080.80.76-0.5-0.810.830.980.710.710.830.82-0.810.790.670.880.850.8
0.930.930.660.870.770.640.810.91-0.330.790.86-0.64-0.490.750.720.930.940.710.96-0.550.920.670.720.750.56
0.820.790.990.740.880.580.330.78-0.250.940.82-0.53-0.490.990.880.880.850.980.77-0.510.920.880.720.990.75
0.820.80.960.750.870.590.390.79-0.260.950.81-0.54-0.480.980.880.90.850.980.78-0.50.920.850.750.990.72
0.630.520.720.570.780.410.250.510.010.670.75-0.38-0.80.690.770.580.660.70.63-0.80.670.80.560.750.72
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MOL Hungarian Account Relationship Matchups

MOL Hungarian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2T4.6T5.1T5.5T6.4T5.2T
Short Long Term Debt Total491.7B354.9B582.4B821.0B944.1B591.1B
Total Current Liabilities1.5T1.4T1.7T2.5T2.9T1.7T
Total Stockholder Equity1.7T2.0T2.2T2.2T2.5T2.1T
Retained Earnings1.6T1.5T2.0T3.6T4.1T4.3T
Cash100.6B217.5B33.0B193.9B223.0B144.4B
Other Assets251.3B287.9B317.7B204.9B235.6B258.2B
Long Term Debt428.6B296.5B473.6B719.7B827.7B517.7B
Cash And Short Term Investments235.8B410.8B409.3B227.3B261.4B345.0B
Net Receivables646.0B541.7B763.0B943.8B1.1T691.0B
Short Term Investments33.7B27.3B83.2B33.4B30.1B39.3B
Inventory517.1B461.4B702.8B997.0B1.1T627.4B
Other Current Assets19.5B26.2B68.4B139.9B160.9B169.0B
Other Stockholder Equity265.4B296.1B384.9B471.9B542.6B343.1B
Total Liab2.5T2.6T3.0T3.3T3.8T3.1T
Total Current Assets1.7T1.3T2.0T2.9T3.3T1.9T
Intangible Assets137.9B150.2B160.6B397.9B457.6B480.4B
Common Stock79.4B78.2B78.2B79.0B71.1B63.2B
Property Plant Equipment2.7T3.2T3.4T3.8T4.4T3.1T
Other Current Liab309.4B316.7B382.1B1.1T1.2T1.3T
Other Liab635.0B849.3B899.9B772.9B888.8B816.4B
Net Tangible Assets1.9T1.8T2.3T3.1T3.5T2.4T
Accounts Payable624.2B549.6B848.2B1.0T1.2T791.3B

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