Senci Reconciled Depreciation vs Income Before Tax Analysis

603109 Stock   16.34  0.08  0.49%   
Senci Electric financial indicator trend analysis is much more than just breaking down Senci Electric Machinery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senci Electric Machinery is a good investment. Please check the relationship between Senci Electric Reconciled Depreciation and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Senci Electric Machinery. 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.

Reconciled Depreciation vs Income Before Tax

Reconciled Depreciation vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senci Electric Machinery Reconciled Depreciation account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Senci Electric's Reconciled Depreciation and Income Before Tax is 0.92. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Senci Electric Machinery, assuming nothing else is changed. The correlation between historical values of Senci Electric's Reconciled Depreciation 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 Reconciled Depreciation of Senci Electric Machinery 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 Reconciled Depreciation i.e., Senci Electric's Reconciled Depreciation and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Reconciled Depreciation

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Senci Electric income statement and is an important metric when analyzing Senci Electric Machinery 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 Senci Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senci Electric Machinery 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 Senci Electric Machinery. 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.
As of December 11, 2024, Tax Provision is expected to decline to about 25.8 M. In addition to that, Selling General Administrative is expected to decline to about 177.2 M
 2021 2022 2023 2024 (projected)
Gross Profit529.0M627.7M718.5M461.9M
Total Revenue2.4B2.7B2.7B1.9B

Senci Electric fundamental ratios Correlations

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0.950.890.960.950.790.97-0.010.960.680.950.791.00.040.92-0.670.960.530.870.90.770.930.940.97-0.6-0.94
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0.990.960.970.940.870.91-0.220.940.730.950.820.96-0.130.98-0.820.950.540.920.970.890.950.910.93-0.52-0.86
0.950.950.920.940.780.84-0.250.960.630.980.860.940.080.95-0.790.90.360.920.940.850.90.80.86-0.71-0.91
0.880.790.890.870.780.79-0.250.720.580.750.570.790.020.87-0.730.890.440.760.90.840.930.780.77-0.34-0.78
0.90.970.820.910.840.790.160.890.680.870.670.970.010.84-0.540.950.620.770.840.680.910.990.99-0.46-0.9
-0.23-0.01-0.35-0.22-0.25-0.250.16-0.13-0.02-0.25-0.34-0.010.21-0.320.73-0.060.22-0.32-0.31-0.48-0.110.170.110.25-0.02
0.930.960.870.940.960.720.89-0.130.560.990.890.95-0.060.91-0.730.890.480.860.870.770.860.860.92-0.71-0.9
0.740.680.710.730.630.580.68-0.020.560.590.430.73-0.190.73-0.540.70.580.760.740.710.760.730.68-0.04-0.55
0.950.950.920.950.980.750.87-0.250.990.590.920.94-0.070.95-0.80.890.430.920.920.840.870.830.9-0.74-0.88
0.840.790.840.820.860.570.67-0.340.890.430.920.77-0.290.85-0.770.660.340.870.810.810.690.650.74-0.8-0.69
0.961.00.90.960.940.790.97-0.010.950.730.940.770.020.93-0.670.960.550.880.910.790.940.950.97-0.56-0.92
-0.10.04-0.17-0.130.080.020.010.21-0.06-0.19-0.07-0.290.02-0.130.230.1-0.56-0.16-0.09-0.24-0.04-0.11-0.08-0.14-0.18
0.990.921.00.980.950.870.84-0.320.910.730.950.850.93-0.13-0.860.90.460.970.990.960.940.830.87-0.57-0.83
-0.82-0.67-0.87-0.82-0.79-0.73-0.540.73-0.73-0.54-0.8-0.77-0.670.23-0.86-0.69-0.27-0.82-0.84-0.9-0.72-0.54-0.580.490.57
0.940.960.880.950.90.890.95-0.060.890.70.890.660.960.10.9-0.690.540.820.910.780.960.930.94-0.46-0.93
0.50.530.460.540.360.440.620.220.480.580.430.340.55-0.560.46-0.270.540.440.470.40.60.740.69-0.02-0.51
0.960.870.960.920.920.760.77-0.320.860.760.920.870.88-0.160.97-0.820.820.440.970.960.890.770.82-0.62-0.8
0.990.90.990.970.940.90.84-0.310.870.740.920.810.91-0.090.99-0.840.910.470.970.960.960.830.86-0.55-0.85
0.930.770.970.890.850.840.68-0.480.770.710.840.810.79-0.240.96-0.90.780.40.960.960.880.680.72-0.51-0.7
0.960.930.940.950.90.930.91-0.110.860.760.870.690.94-0.040.94-0.720.960.60.890.960.880.920.92-0.45-0.9
0.880.940.810.910.80.780.990.170.860.730.830.650.95-0.110.83-0.540.930.740.770.830.680.920.99-0.39-0.88
0.910.970.840.930.860.770.990.110.920.680.90.740.97-0.080.87-0.580.940.690.820.860.720.920.99-0.53-0.92
-0.57-0.6-0.55-0.52-0.71-0.34-0.460.25-0.71-0.04-0.74-0.8-0.56-0.14-0.570.49-0.46-0.02-0.62-0.55-0.51-0.45-0.39-0.530.68
-0.87-0.94-0.8-0.86-0.91-0.78-0.9-0.02-0.9-0.55-0.88-0.69-0.92-0.18-0.830.57-0.93-0.51-0.8-0.85-0.7-0.9-0.88-0.920.68
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Senci Electric Account Relationship Matchups

Senci Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.2B2.6B3.1B3.3B2.3B
Total Current Liabilities418.3M578.4M940.7M1.2B1.2B788.8M
Total Stockholder Equity1.3B1.3B1.5B1.7B1.8B1.2B
Retained Earnings430.6M498.4M647.6M804.3M951.1M569.0M
Accounts Payable282.5M407.8M571.0M681.9M533.0M448.6M
Cash967.2M473.0M514.9M1.2B1.0B693.7M
Non Current Assets Total345.8M364.7M571.9M752.0M896.8M549.5M
Non Currrent Assets Other1.7M6.8M16.8M32.1M52.9M27.8M
Net Receivables233.9M270.9M433.5M424.3M435.4M353.2M
Non Current Liabilities Total170.5M266.7M175.1M229.6M272.7M225.8M
Inventory217.3M300.3M575.1M533.3M534.6M376.8M
Other Current Assets31.8M41.3M97.3M44.1M60.6M45.6M
Total Liab588.8M845.2M1.1B1.4B1.5B1.0B
Short Long Term Debt100M116.2M126.1M323M75.1M71.3M
Total Current Assets1.5B1.8B2.0B2.4B2.4B1.7B
Intangible Assets170.9M169.8M205.4M320.5M308.7M222.9M
Other Current Liab9.8M1.8M1.3M3.0M288.5M302.9M
Net Invested Capital1.4B1.5B1.6B2.1B2.0B1.6B
Net Working Capital1.1B1.2B1.1B1.2B1.2B1.0B

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Other Information on Investing in Senci Stock

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