Alkyl Net Income vs Income Before Tax Analysis

ALKYLAMINE   1,943  9.10  0.47%   
Alkyl Amines financial indicator trend analysis is way more than just evaluating Alkyl Amines Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkyl Amines Chemicals is a good investment. Please check the relationship between Alkyl Amines Net Income and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkyl Amines Chemicals. 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.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alkyl Amines Chemicals Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Alkyl Amines' Net Income and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Alkyl Amines Chemicals, assuming nothing else is changed. The correlation between historical values of Alkyl Amines' Net 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 Net Income of Alkyl Amines Chemicals 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 Net Income i.e., Alkyl Amines' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Alkyl Amines Chemicals financial statement analysis. It represents the amount of money remaining after all of Alkyl Amines Chemicals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Alkyl Amines income statement and is an important metric when analyzing Alkyl Amines Chemicals 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 Alkyl Amines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkyl Amines Chemicals 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 Alkyl Amines Chemicals. 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.
At this time, Alkyl Amines' Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Tax Provision is likely to grow to about 592.4 M, while Issuance Of Capital Stock is likely to drop about 95 K.
 2021 2022 2023 2024 (projected)
Interest Expense25.3M33.2M44M65.5M
Depreciation And Amortization347.5M451.7M589.2M618.7M

Alkyl Amines fundamental ratios Correlations

-0.650.520.760.990.99-0.680.470.99-0.10.410.840.47-0.250.850.79-0.430.730.83-0.66-0.380.860.580.460.990.8
-0.65-0.43-0.23-0.71-0.660.96-0.46-0.65-0.15-0.41-0.46-0.450.63-0.42-0.350.14-0.07-0.470.770.01-0.51-0.48-0.13-0.73-0.3
0.52-0.430.660.490.46-0.520.540.470.120.50.610.01-0.350.510.67-0.490.560.62-0.15-0.610.570.240.570.480.42
0.76-0.230.660.690.67-0.360.540.69-0.20.520.92-0.05-0.20.890.93-0.480.950.93-0.19-0.50.920.360.780.690.75
0.99-0.710.490.690.99-0.730.450.99-0.060.390.810.5-0.310.820.75-0.390.650.8-0.7-0.340.830.620.391.00.75
0.99-0.660.460.670.99-0.660.371.0-0.050.30.770.52-0.220.810.72-0.390.660.75-0.66-0.350.790.640.340.990.77
-0.680.96-0.52-0.36-0.73-0.66-0.69-0.66-0.08-0.65-0.57-0.390.61-0.46-0.470.23-0.2-0.610.790.08-0.61-0.39-0.31-0.74-0.37
0.47-0.460.540.540.450.37-0.690.37-0.120.980.62-0.02-0.340.420.6-0.380.440.72-0.48-0.210.620.020.660.450.42
0.99-0.650.470.690.991.0-0.660.37-0.060.30.780.51-0.220.820.73-0.40.670.76-0.66-0.360.80.630.360.990.78
-0.1-0.150.12-0.2-0.06-0.05-0.08-0.12-0.06-0.2-0.230.01-0.18-0.03-0.12-0.12-0.26-0.20.03-0.15-0.190.18-0.32-0.07-0.19
0.41-0.410.50.520.390.3-0.650.980.3-0.20.58-0.02-0.360.370.55-0.330.410.69-0.44-0.180.59-0.050.670.390.34
0.84-0.460.610.920.810.77-0.570.620.78-0.230.58-0.02-0.30.90.93-0.390.840.98-0.46-0.370.960.450.770.810.8
0.47-0.450.01-0.050.50.52-0.39-0.020.510.01-0.02-0.02-0.110.01-0.04-0.130.01-0.01-0.5-0.220.070.08-0.240.50.12
-0.250.63-0.35-0.2-0.31-0.220.61-0.34-0.22-0.18-0.36-0.3-0.11-0.22-0.17-0.010.11-0.30.190.08-0.27-0.43-0.13-0.310.24
0.85-0.420.510.890.820.81-0.460.420.82-0.030.370.90.01-0.220.9-0.440.840.91-0.41-0.350.930.630.560.820.79
0.79-0.350.670.930.750.72-0.470.60.73-0.120.550.93-0.04-0.170.9-0.670.880.94-0.36-0.390.920.420.790.740.78
-0.430.14-0.49-0.48-0.39-0.390.23-0.38-0.4-0.12-0.33-0.39-0.13-0.01-0.44-0.67-0.5-0.460.150.34-0.43-0.22-0.4-0.39-0.35
0.73-0.070.560.950.650.66-0.20.440.67-0.260.410.840.010.110.840.88-0.50.85-0.18-0.50.850.230.730.640.85
0.83-0.470.620.930.80.75-0.610.720.76-0.20.690.98-0.01-0.30.910.94-0.460.85-0.48-0.350.970.420.780.80.78
-0.660.77-0.15-0.19-0.7-0.660.79-0.48-0.660.03-0.44-0.46-0.50.19-0.41-0.360.15-0.18-0.480.06-0.51-0.22-0.13-0.71-0.52
-0.380.01-0.61-0.5-0.34-0.350.08-0.21-0.36-0.15-0.18-0.37-0.220.08-0.35-0.390.34-0.5-0.350.06-0.29-0.06-0.15-0.31-0.34
0.86-0.510.570.920.830.79-0.610.620.8-0.190.590.960.07-0.270.930.92-0.430.850.97-0.51-0.290.420.720.830.82
0.58-0.480.240.360.620.64-0.390.020.630.18-0.050.450.08-0.430.630.42-0.220.230.42-0.22-0.060.42-0.020.620.25
0.46-0.130.570.780.390.34-0.310.660.36-0.320.670.77-0.24-0.130.560.79-0.40.730.78-0.13-0.150.72-0.020.40.55
0.99-0.730.480.691.00.99-0.740.450.99-0.070.390.810.5-0.310.820.74-0.390.640.8-0.71-0.310.830.620.40.75
0.8-0.30.420.750.750.77-0.370.420.78-0.190.340.80.120.240.790.78-0.350.850.78-0.52-0.340.820.250.550.75
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Alkyl Amines Account Relationship Matchups

Alkyl Amines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B11.5B13.7B15.9B15.8B16.6B
Short Long Term Debt Total857.0M470.8M232.9M877.5M31.7M30.1M
Other Current Liab427.4M741.6M705.0M687.6M486.4M403.1M
Total Current Liabilities1.5B2.8B3.3B3.5B2.3B1.7B
Total Stockholder Equity5.4B7.9B9.9B11.7B12.7B13.3B
Property Plant And Equipment Net4.7B5.9B7.7B10.7B11.2B11.8B
Net Debt544.7M(490.7M)(145.7M)705.6M(272.1M)(258.5M)
Cash312.4M961.4M378.6M171.9M313.7M183.7M
Non Current Assets Total4.9B6.2B8.3B10.9B11.4B12.0B
Non Currrent Assets Other2.1M162.8M27.1M100.9M134.9M92.5M
Cash And Short Term Investments312.5M1.6B615.3M192.6M313.7M246.1M
Net Receivables1.6B2.3B2.8B2.6B2.2B1.4B
Liabilities And Stockholders Equity7.8B11.5B13.7B15.9B15.8B16.6B
Non Current Liabilities Total929.8M710.8M536.2M688.1M885.7M789.4M
Inventory836.7M1.2B1.6B1.8B1.7B1.0B
Other Current Assets1.8B2.5B3.1B3.0B2.4B1.3B
Total Liab2.5B3.5B3.8B4.2B3.2B2.8B
Total Current Assets2.9B5.3B5.4B5.0B4.4B2.8B
Accumulated Other Comprehensive Income(723.7M)382.4M398.6M407.3M410.1M430.6M
Short Term Debt380.3M249.3M228.0M859.2M12.5M11.8M
Accounts Payable707.7M1.8B2.3B1.9B1.7B1.1B
Intangible Assets15.7M11.8M17.9M35.9M37.4M19.7M
Current Deferred Revenue450.1M774.9M751.8M653.8M61.3M58.2M
Retained Earnings4.8B7.3B9.6B11.0B12.0B12.6B
Other Liab567.2M444.2M489.3M531.2M610.9M455.1M
Net Tangible Assets3.8B5.4B7.9B9.9B11.4B11.9B
Other Assets208.8M208.7M621.6M610K701.5K666.4K
Short Term Investments100K590.2M236.8M20.7M39.4M37.5M
Short Long Term Debt379.7M252.8M227.3M854.9M6.4M6.1M
Property Plant Equipment4.7B5.9B7.7B10.7B12.3B12.9B
Long Term Debt Total485.6M221.5M4.9M18.3M16.4M15.6M
Net Invested Capital6.2B8.1B10.1B12.5B12.7B9.4B
Net Working Capital1.4B2.5B2.1B1.5B2.2B1.7B

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Other Information on Investing in Alkyl Stock

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