Everdisplay Income Before Tax vs Gross Profit Analysis

688538 Stock   2.22  0.01  0.45%   
Everdisplay Optronics financial indicator trend analysis is much more than just examining Everdisplay Optronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everdisplay Optronics is a good investment. Please check the relationship between Everdisplay Optronics Income Before Tax and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Everdisplay Optronics Shanghai. 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 Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everdisplay Optronics Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Everdisplay Optronics' Income Before Tax and Gross Profit is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Everdisplay Optronics Shanghai, assuming nothing else is changed. The correlation between historical values of Everdisplay Optronics' Income Before Tax and Gross Profit 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 Everdisplay Optronics Shanghai are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Everdisplay Optronics' Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Everdisplay Optronics Shanghai minus its cost of goods sold. It is profit before Everdisplay Optronics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Everdisplay Optronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everdisplay Optronics 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 Everdisplay Optronics Shanghai. 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 January 24, 2025, Selling General Administrative is expected to decline to about 50 M
 2022 2023 2024 2025 (projected)
Interest Expense310.1M523.8M602.4M632.5M
Interest Income13.2M6.2M5.6M5.3M

Everdisplay Optronics fundamental ratios Correlations

0.10.850.940.960.970.90.360.9-0.780.92-0.290.020.95-0.690.960.950.90.540.94-0.281.00.520.65-0.770.23
0.1-0.290.32-0.040.04-0.090.470.31-0.12-0.080.360.08-0.080.19-0.04-0.080.370.26-0.140.140.08-0.570.380.120.59
0.85-0.290.650.90.90.930.030.58-0.790.95-0.56-0.250.9-0.740.950.90.70.20.94-0.580.850.890.22-0.69-0.19
0.940.320.650.80.910.70.370.99-0.610.740.00.280.78-0.440.850.780.850.630.77-0.10.930.230.83-0.570.49
0.96-0.040.90.80.90.980.420.74-0.860.96-0.49-0.211.0-0.870.931.00.890.470.99-0.360.960.680.45-0.890.03
0.970.040.90.910.90.860.190.88-0.730.9-0.240.070.89-0.590.980.890.830.470.91-0.360.970.60.6-0.620.21
0.9-0.090.930.70.980.860.320.61-0.930.99-0.65-0.390.98-0.910.920.980.870.30.98-0.530.90.770.27-0.88-0.15
0.360.470.030.370.420.190.320.36-0.280.210.08-0.040.39-0.470.130.390.480.760.310.440.36-0.160.47-0.540.52
0.90.310.580.990.740.880.610.36-0.490.660.130.410.72-0.350.790.720.770.690.70.010.890.150.89-0.490.58
-0.78-0.12-0.79-0.61-0.86-0.73-0.93-0.28-0.49-0.920.740.58-0.860.85-0.82-0.86-0.91-0.09-0.860.68-0.79-0.65-0.120.820.25
0.92-0.080.950.740.960.90.990.210.66-0.92-0.62-0.340.97-0.830.970.960.870.240.98-0.590.920.770.29-0.82-0.15
-0.290.36-0.560.0-0.49-0.24-0.650.080.130.74-0.620.86-0.530.76-0.42-0.53-0.420.42-0.540.78-0.3-0.720.490.650.81
0.020.08-0.250.28-0.210.07-0.39-0.040.410.58-0.340.86-0.230.56-0.11-0.22-0.250.5-0.240.690.01-0.490.690.390.74
0.95-0.080.90.781.00.890.980.390.72-0.860.97-0.53-0.23-0.880.931.00.870.440.99-0.380.950.690.42-0.91-0.01
-0.690.19-0.74-0.44-0.87-0.59-0.91-0.47-0.350.85-0.830.760.56-0.88-0.68-0.88-0.74-0.28-0.860.39-0.7-0.7-0.080.960.28
0.96-0.040.950.850.930.980.920.130.79-0.820.97-0.42-0.110.93-0.680.930.840.320.95-0.510.960.70.45-0.70.01
0.95-0.080.90.781.00.890.980.390.72-0.860.96-0.53-0.221.0-0.880.930.870.440.99-0.370.950.690.42-0.91-0.01
0.90.370.70.850.890.830.870.480.77-0.910.87-0.42-0.250.87-0.740.840.870.420.85-0.390.90.390.5-0.790.16
0.540.260.20.630.470.470.30.760.69-0.090.240.420.50.44-0.280.320.440.420.390.620.54-0.110.85-0.390.8
0.94-0.140.940.770.990.910.980.310.7-0.860.98-0.54-0.240.99-0.860.950.990.850.39-0.430.950.750.38-0.87-0.06
-0.280.14-0.58-0.1-0.36-0.36-0.530.440.010.68-0.590.780.69-0.380.39-0.51-0.37-0.390.62-0.43-0.29-0.670.450.270.7
1.00.080.850.930.960.970.90.360.89-0.790.92-0.30.010.95-0.70.960.950.90.540.95-0.290.540.64-0.780.21
0.52-0.570.890.230.680.60.77-0.160.15-0.650.77-0.72-0.490.69-0.70.70.690.39-0.110.75-0.670.54-0.22-0.56-0.54
0.650.380.220.830.450.60.270.470.89-0.120.290.490.690.42-0.080.450.420.50.850.380.450.64-0.22-0.270.83
-0.770.12-0.69-0.57-0.89-0.62-0.88-0.54-0.490.82-0.820.650.39-0.910.96-0.7-0.91-0.79-0.39-0.870.27-0.78-0.56-0.270.15
0.230.59-0.190.490.030.21-0.150.520.580.25-0.150.810.74-0.010.280.01-0.010.160.8-0.060.70.21-0.540.830.15
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Everdisplay Optronics Account Relationship Matchups

Everdisplay Optronics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets24.8B33.1B30.9B28.4B32.7B30.8B
Other Current Liab61.9M115.9M240.9M5.2M6.0M5.7M
Total Current Liabilities2.0B2.5B2.4B3.1B3.6B2.6B
Total Stockholder Equity10.3B17.4B15.8B12.6B14.4B14.8B
Net Debt11.7B11.4B12.7B13.3B15.3B12.5B
Retained Earnings(1.2B)(2.2B)(3.8B)(7.0B)(6.3B)(6.6B)
Accounts Payable876.5M1.7B1.4B1.1B1.3B1.3B
Cash1.4B2.2B400.9M936.5M842.9M1.2B
Non Current Assets Total21.9B23.1B25.4B25.2B29.0B25.2B
Non Currrent Assets Other3.8M823.8M198.9M3.9M3.5M3.3M
Long Term Debt12.1B12.9B12.4B12.4B14.3B13.1B
Net Receivables179.6M615.7M528.1M361.2M325.1M400.5M
Non Current Liabilities Total12.4B13.2B12.7B12.7B14.6B13.4B
Inventory765.8M1.0B1.5B861.0M990.2M989.0M
Other Current Assets87.4M230.3M46.8M35.9M32.3M30.7M
Total Liab14.4B15.7B15.1B15.9B18.3B16.1B
Net Invested Capital23.5B31.0B28.9B26.8B30.8B28.9B
Short Long Term Debt1.0B660.3M693.9M1.8B2.0B1.1B
Total Current Assets2.9B10.0B5.5B3.2B3.7B5.6B
Capital Stock10.7B13.8B13.9B13.9B12.5B11.1B
Net Working Capital801.2M7.5B3.1B100.3M90.3M85.7M
Intangible Assets856.0M978.1M976.2M1.1B1.2B1.0B

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Other Information on Investing in Everdisplay Stock

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