INKON Income Before Tax vs Operating Income Analysis

300143 Stock   10.05  0.01  0.1%   
INKON Life financial indicator trend analysis is infinitely more than just investigating INKON Life Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether INKON Life Technology is a good investment. Please check the relationship between INKON Life Income Before Tax and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in INKON Life Technology. 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 Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of INKON Life Technology Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between INKON Life's Income Before Tax and Operating Income is -0.05. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of INKON Life Technology, assuming nothing else is changed. The correlation between historical values of INKON Life's Income Before Tax and Operating 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 Before Tax of INKON Life Technology are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., INKON Life's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on INKON Life income statement and is an important metric when analyzing INKON Life Technology 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.

Operating Income

Operating Income is the amount of profit realized from INKON Life Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of INKON Life Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from INKON Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into INKON Life Technology 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 INKON Life Technology. 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 December 11, 2024, Selling General Administrative is expected to decline to about 52.6 M. In addition to that, Tax Provision is expected to decline to about 31.8 M
 2021 2022 2023 2024 (projected)
Operating Income76.5M119.4M166.4M174.7M
Total Revenue1.1B1.2B1.5B1.5B

INKON Life fundamental ratios Correlations

0.510.410.950.14-0.410.330.560.690.530.70.380.290.450.620.69-0.490.410.380.840.87-0.410.58-0.850.66-0.71
0.510.070.54-0.07-0.02-0.040.540.30.210.13-0.210.20.01-0.030.21-0.250.360.240.320.36-0.160.42-0.370.29-0.25
0.410.070.20.2-0.940.90.550.38-0.30.830.870.060.950.840.81-0.170.4-0.430.620.560.050.55-0.55-0.02-0.57
0.950.540.20.1-0.180.110.470.580.620.560.210.360.210.470.53-0.530.40.510.730.78-0.490.53-0.790.68-0.6
0.14-0.070.20.1-0.110.19-0.01-0.04-0.260.120.22-0.230.180.240.050.5-0.08-0.12-0.17-0.210.3-0.180.25-0.110.08
-0.41-0.02-0.94-0.18-0.11-0.9-0.6-0.520.32-0.85-0.890.08-0.9-0.82-0.840.22-0.360.45-0.69-0.610.03-0.510.55-0.010.67
0.33-0.040.90.110.19-0.90.510.5-0.30.710.82-0.180.890.70.790.080.34-0.390.60.480.130.43-0.420.01-0.6
0.560.540.550.47-0.01-0.60.510.62-0.230.580.48-0.010.420.440.67-0.30.6-0.210.660.60.010.65-0.530.17-0.58
0.690.30.380.58-0.04-0.520.50.620.180.540.38-0.340.470.470.76-0.310.110.320.820.78-0.090.24-0.620.72-0.93
0.530.21-0.30.62-0.260.32-0.3-0.230.180.01-0.270.44-0.170.0-0.02-0.37-0.030.750.290.42-0.580.09-0.480.63-0.18
0.70.130.830.560.12-0.850.710.580.540.010.780.230.80.880.9-0.490.5-0.210.850.8-0.210.7-0.80.19-0.71
0.38-0.210.870.210.22-0.890.820.480.38-0.270.780.020.810.850.73-0.150.38-0.410.590.53-0.180.48-0.51-0.01-0.55
0.290.20.060.36-0.230.08-0.18-0.01-0.340.440.230.02-0.050.07-0.06-0.390.58-0.090.160.26-0.430.65-0.46-0.180.24
0.450.010.950.210.18-0.90.890.420.47-0.170.80.81-0.050.840.86-0.140.19-0.250.660.60.040.4-0.550.15-0.66
0.62-0.030.840.470.24-0.820.70.440.470.00.880.850.070.840.82-0.450.29-0.090.720.7-0.170.45-0.670.3-0.69
0.690.210.810.530.05-0.840.790.670.76-0.020.90.73-0.060.860.82-0.390.31-0.030.90.83-0.120.54-0.760.42-0.89
-0.49-0.25-0.17-0.530.50.220.08-0.3-0.31-0.37-0.49-0.15-0.39-0.14-0.45-0.39-0.29-0.26-0.6-0.660.44-0.460.7-0.420.47
0.410.360.40.4-0.08-0.360.340.60.11-0.030.50.380.580.190.290.31-0.29-0.390.450.4-0.130.93-0.49-0.22-0.11
0.380.24-0.430.51-0.120.45-0.39-0.210.320.75-0.21-0.41-0.09-0.25-0.09-0.03-0.26-0.390.150.25-0.32-0.31-0.210.86-0.29
0.840.320.620.73-0.17-0.690.60.660.820.290.850.590.160.660.720.9-0.60.450.150.97-0.320.67-0.930.57-0.9
0.870.360.560.78-0.21-0.610.480.60.780.420.80.530.260.60.70.83-0.660.40.250.97-0.430.64-0.970.63-0.87
-0.41-0.160.05-0.490.30.030.130.01-0.09-0.58-0.21-0.18-0.430.04-0.17-0.120.44-0.13-0.32-0.32-0.43-0.270.52-0.290.23
0.580.420.550.53-0.18-0.510.430.650.240.090.70.480.650.40.450.54-0.460.93-0.310.670.64-0.27-0.73-0.06-0.32
-0.85-0.37-0.55-0.790.250.55-0.42-0.53-0.62-0.48-0.8-0.51-0.46-0.55-0.67-0.760.7-0.49-0.21-0.93-0.970.52-0.73-0.530.75
0.660.29-0.020.68-0.11-0.010.010.170.720.630.19-0.01-0.180.150.30.42-0.42-0.220.860.570.63-0.29-0.06-0.53-0.71
-0.71-0.25-0.57-0.60.080.67-0.6-0.58-0.93-0.18-0.71-0.550.24-0.66-0.69-0.890.47-0.11-0.29-0.9-0.870.23-0.320.75-0.71
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INKON Life Account Relationship Matchups

INKON Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.7B2.5B2.0B2.4B1.7B
Other Current Liab39.1M128.2M288.3M3.9M1.7M1.6M
Total Current Liabilities322.8M284.8M555.9M589.2M759.4M797.4M
Total Stockholder Equity1.3B2.2B1.8B1.3B1.4B1.3B
Other Liab18.4M16.8M19.0M19.3M22.2M21.4M
Retained Earnings(814.3M)(644.0M)(1.0B)(1.6B)(1.5B)(1.4B)
Accounts Payable80.8M120.9M107.2M147.8M169.4M177.9M
Cash96.6M483.6M661.6M433.2M480.5M252.3M
Other Assets98.1M124.1M101.5M93.1M107.0M54.4M
Net Receivables191.9M204.4M155.0M228.4M254.4M267.2M
Inventory30.5M37.7M38.7M106.5M87.8M92.2M
Other Current Assets26.5M22.2M25.9M6.2M58.1M51.2M
Total Liab589.7M410.1M667.6M710.5M971.4M1.0B
Intangible Assets106.4M98.0M100.5M198.8M240.1M252.1M
Common Stock288.4M546.8M545.9M642.2M738.5M775.4M
Property Plant Equipment197.0M182.4M268.4M288.4M259.6M258.8M
Net Tangible Assets18.1M70.4M1.0B651.9M749.6M578.1M
Good Will1.2B1.1B1.0B583.2M693.3M907.1M
Deferred Long Term Liab74.9M97.9M76.5M81.4M93.6M75.3M
Total Current Assets345.5M1.1B897.9M805.1M912.0M784.7M
Non Current Assets Total1.6B1.6B1.6B1.2B1.5B1.3B
Non Currrent Assets Other14.5M5.7M15.4M3.0M14.6M13.9M
Non Current Liabilities Total266.8M209.5M111.6M121.3M212.0M182.2M
Other Stockholder Equity1.1M1.7M460.8K(6.4K)(7.4K)(7.0K)
Net Invested Capital1.7B2.4B1.9B1.3B1.6B1.6B
Net Working Capital22.6M820.4M342.0M215.9M152.6M291.1M
Non Current Liabilities Other250M700K780K5.9M43.9M86.8M

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Other Information on Investing in INKON Stock

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