Alcon Interest Income vs Income Before Tax Analysis
ALC Stock | USD 85.57 0.07 0.08% |
Alcon AG financial indicator trend analysis is way more than just evaluating Alcon AG prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcon AG is a good investment. Please check the relationship between Alcon AG 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 Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.
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 Alcon AG Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Alcon AG's Interest Income and Income Before Tax is 0.4. 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 Alcon AG, assuming nothing else is changed. The correlation between historical values of Alcon AG'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 Alcon AG 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., Alcon AG's Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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 Alcon AG income statement and is an important metric when analyzing Alcon AG 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 Alcon AG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alcon AG 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 Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.At present, Alcon AG's Enterprise Value Multiple is projected to slightly grow based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 8.3B | 8.7B | 10.1B | 7.8B | Interest Expense | 120M | 134M | 189M | 198.5M |
Alcon AG fundamental ratios Correlations
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Alcon AG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alcon AG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 27.7B | 27.6B | 28.0B | 29.2B | 29.6B | 24.5B | |
Short Long Term Debt Total | 3.8B | 4.5B | 4.5B | 5.1B | 5.1B | 5.4B | |
Other Current Liab | 1.1B | 774M | 1.1B | 1.4B | 1.3B | 1.0B | |
Total Current Liabilities | 2.3B | 2.3B | 2.5B | 2.8B | 2.5B | 2.4B | |
Total Stockholder Equity | 19.3B | 18.8B | 19.3B | 19.7B | 20.6B | 18.0B | |
Property Plant And Equipment Net | 3.4B | 3.8B | 4.1B | 4.4B | 4.7B | 3.0B | |
Current Deferred Revenue | 97M | 110M | 108M | 89M | (839.8K) | (797.8K) | |
Net Debt | 3.0B | 2.9B | 2.9B | 4.1B | 4.0B | 4.2B | |
Retained Earnings | 22.7B | (547M) | 18.9B | 19.4B | 22.3B | 15.0B | |
Accounts Payable | 833M | 876M | 903M | 861M | 811M | 662.5M | |
Cash | 822M | 1.6B | 1.6B | 980M | 1.1B | 988.9M | |
Non Current Assets Total | 23.7B | 23.4B | 22.6B | 24.0B | 24.0B | 20.2B | |
Non Currrent Assets Other | 433M | 389M | 399M | 422M | 1.1B | 1.2B | |
Cash And Short Term Investments | 855M | 1.6B | 1.6B | 980M | 1.1B | 1.1B | |
Net Receivables | 1.8B | 1.6B | 1.7B | 1.9B | 2.1B | 1.6B | |
Good Will | 8.9B | 8.9B | 8.9B | 9.0B | 8.9B | 7.5B | |
Common Stock Shares Outstanding | 488.2M | 489M | 493.4M | 494.4M | 496.5M | 490.3M | |
Liabilities And Stockholders Equity | 27.7B | 27.6B | 28.0B | 29.2B | 29.6B | 24.5B | |
Non Current Liabilities Total | 6.1B | 6.5B | 6.3B | 6.8B | 6.5B | 4.1B | |
Inventory | 1.5B | 1.6B | 1.9B | 2.1B | 2.3B | 1.5B | |
Other Current Assets | 90M | 306M | 316M | 329M | 338M | 238.7M | |
Other Stockholder Equity | 20M | 18.8B | 19.2B | 19.7B | 22.6B | 23.7B | |
Total Liab | 8.4B | 8.8B | 8.7B | 9.5B | 9.0B | 6.5B | |
Total Current Assets | 4.2B | 5.0B | 5.4B | 5.2B | 5.6B | 4.3B | |
Short Term Debt | 306M | 239M | 181M | 178M | 216M | 355.7M | |
Intangible Assets | 10.2B | 9.1B | 8.8B | 9.7B | 9.1B | 8.7B | |
Short Term Investments | 33M | 12M | 3M | (179M) | 7M | 6.7M | |
Other Assets | 1.5B | 1.5B | 1.4B | 833M | 958.0M | 1.2B | |
Accumulated Other Comprehensive Income | 19.3B | 18.8B | 19.2B | 19.7B | 20.6B | 11.9B | |
Other Liab | 2.6B | 2.3B | 2.0B | 1.9B | 1.7B | 1.9B | |
Net Tangible Assets | 892M | 1.5B | 2.1B | 1.0B | 916.2M | 1.5B | |
Property Plant Equipment | 3.4B | 3.8B | 4.1B | 4.4B | 5.1B | 3.7B | |
Long Term Debt Total | 89M | 3.5B | 4.3B | 4.3B | 5.0B | 2.7B | |
Deferred Long Term Liab | 246M | 725M | 727M | 557M | 640.6M | 536.6M | |
Net Invested Capital | 22.8B | 22.9B | 23.3B | 24.3B | 25.4B | 25.9B | |
Long Term Investments | 59M | 40M | 52M | 108M | 319M | 335.0M | |
Property Plant And Equipment Gross | 3.4B | 3.8B | 6.7B | 4.4B | 7.7B | 5.0B | |
Short Long Term Debt | 245M | 162M | 107M | 97M | 135M | 128.3M | |
Non Current Liabilities Other | 314M | 237M | 168M | 230M | 166M | 323.5M |
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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.When determining whether Alcon AG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcon AG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcon Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcon Ag Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcon AG. If investors know Alcon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcon AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.293 | Earnings Share 2.34 | Revenue Per Share 19.757 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0255 |
The market value of Alcon AG is measured differently than its book value, which is the value of Alcon that is recorded on the company's balance sheet. Investors also form their own opinion of Alcon AG's value that differs from its market value or its book value, called intrinsic value, which is Alcon AG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcon AG's market value can be influenced by many factors that don't directly affect Alcon AG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcon AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcon AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon AG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.