Amber Ebit vs Income Before Tax Analysis

AMBER Stock   6,018  33.35  0.55%   
Amber Enterprises financial indicator trend analysis is way more than just evaluating Amber Enterprises India prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amber Enterprises India is a good investment. Please check the relationship between Amber Enterprises Ebit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amber Enterprises India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amber Enterprises India Ebit account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Amber Enterprises' Ebit and Income Before Tax is 0.85. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Amber Enterprises India, assuming nothing else is changed. The correlation between historical values of Amber Enterprises' Ebit 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 Ebit of Amber Enterprises India 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 Ebit i.e., Amber Enterprises' Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Amber Enterprises income statement and is an important metric when analyzing Amber Enterprises India 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 Amber Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amber Enterprises India 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 Amber Enterprises India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 4th of December 2024, Selling General Administrative is likely to grow to about 359.3 M, while Tax Provision is likely to drop about 372.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense422.0M1.1B1.5B1.6B
Depreciation And Amortization1.1B1.4B1.9B2.0B

Amber Enterprises fundamental ratios Correlations

0.930.921.00.880.980.490.891.00.990.730.980.670.980.640.910.860.920.870.530.840.990.890.920.980.82
0.930.920.950.70.960.310.990.910.90.640.950.660.950.50.870.640.970.710.370.620.970.780.990.890.6
0.920.920.920.710.930.330.90.910.890.620.930.560.940.620.910.690.920.680.310.680.930.750.90.890.62
1.00.950.920.860.970.510.90.980.990.760.970.720.980.590.880.840.920.870.560.821.00.90.940.970.79
0.880.70.710.860.790.680.610.880.90.820.810.660.820.570.690.960.660.970.730.990.830.970.720.860.95
0.980.960.930.970.790.30.940.970.960.610.990.560.960.630.950.760.980.770.370.730.990.810.930.960.75
0.490.310.330.510.680.30.190.470.550.780.350.80.420.310.170.740.170.740.880.710.430.710.40.460.57
0.890.990.90.90.610.940.190.880.850.510.930.560.910.520.890.560.980.620.240.530.940.690.960.860.54
1.00.910.910.980.880.970.470.880.990.690.980.620.960.690.920.870.920.860.510.840.980.880.90.990.84
0.990.90.890.990.90.960.550.850.990.760.960.70.960.610.870.90.890.910.60.870.980.920.890.970.84
0.730.640.620.760.820.610.780.510.690.760.620.850.760.230.420.750.490.850.850.820.70.870.690.660.67
0.980.950.930.970.810.990.350.930.980.960.620.560.970.690.960.790.970.780.380.760.990.820.920.980.78
0.670.660.560.720.660.560.80.560.620.70.850.560.650.140.340.640.50.770.820.620.670.790.710.580.49
0.980.950.940.980.820.960.420.910.960.960.760.970.650.560.890.770.930.810.480.790.980.860.940.940.73
0.640.50.620.590.570.630.310.520.690.610.230.690.140.560.790.640.60.450.060.580.60.460.50.740.65
0.910.870.910.880.690.950.170.890.920.870.420.960.340.890.790.690.950.630.150.650.910.670.830.940.7
0.860.640.690.840.960.760.740.560.870.90.750.790.640.770.640.690.620.960.740.970.80.920.660.860.94
0.920.970.920.920.660.980.170.980.920.890.490.970.50.930.60.950.620.640.210.590.950.710.920.910.62
0.870.710.680.870.970.770.740.620.860.910.850.780.770.810.450.630.960.640.830.950.830.980.730.840.9
0.530.370.310.560.730.370.880.240.510.60.850.380.820.480.060.150.740.210.830.740.480.780.440.470.62
0.840.620.680.820.990.730.710.530.840.870.820.760.620.790.580.650.970.590.950.740.780.940.650.830.95
0.990.970.931.00.830.990.430.940.980.980.70.990.670.980.60.910.80.950.830.480.780.870.950.970.76
0.890.780.750.90.970.810.710.690.880.920.870.820.790.860.460.670.920.710.980.780.940.870.80.850.87
0.920.990.90.940.720.930.40.960.90.890.690.920.710.940.50.830.660.920.730.440.650.950.80.880.61
0.980.890.890.970.860.960.460.860.990.970.660.980.580.940.740.940.860.910.840.470.830.970.850.880.84
0.820.60.620.790.950.750.570.540.840.840.670.780.490.730.650.70.940.620.90.620.950.760.870.610.84
Click cells to compare fundamentals

Amber Enterprises Account Relationship Matchups

Amber Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.0B35.9B49.1B62.4B65.9B69.2B
Short Long Term Debt Total3.8B4.0B10.7B14.6B15.4B16.2B
Other Current Liab1.1B1.2B2.0B2.3B2.9B3.1B
Total Current Liabilities14.5B16.8B26.3B34.5B32.9B34.5B
Total Stockholder Equity11.3B16.0B17.3B19.1B20.6B10.5B
Property Plant And Equipment Net7.5B8.2B11.8B18.0B21.9B23.0B
Current Deferred Revenue1.1B1.4B2.2B1.4B357.9M340.0M
Net Debt3.1B2.2B7.7B11.3B14.1B14.8B
Retained Earnings4.6B5.4B6.5B8.1B9.4B9.9B
Accounts Payable11.1B13.2B17.0B23.0B21.7B22.8B
Cash700.2M1.8B3.0B3.2B1.3B1.2B
Non Current Assets Total11.7B13.9B19.4B24.1B32.4B34.0B
Non Currrent Assets Other459.3M436.5M1.2B1.3B472.4M537.1M
Cash And Short Term Investments1.2B4.0B5.4B7.8B8.0B8.4B
Net Receivables9.2B10.8B13.3B(2.7B)16.0B16.8B
Liabilities And Stockholders Equity29.0B35.9B49.1B62.4B65.9B69.2B
Non Current Liabilities Total2.9B2.7B5.1B8.4B11.9B12.5B
Inventory6.6B7.2B8.4B10.9B8.4B5.6B
Other Current Assets9.6B11.4B17.1B22.3B1.5B1.5B
Total Liab17.4B19.5B31.4B42.9B44.8B47.0B
Total Current Assets17.4B22.5B30.8B38.4B33.6B17.6B
Accumulated Other Comprehensive Income(2.8B)39.2M245.6M408.4M20.3B21.3B
Short Term Debt2.3B2.2B7.1B7.9B7.9B8.3B
Intangible Assets2.4B2.5B3.0B3.3B4.4B4.6B
Other Liab1.4B926.2M1.5B1.7B2.0B2.1B
Net Tangible Assets8.0B7.6B12.3B12.9B14.8B15.5B
Other Assets478.6M481.5M(551.3M)(1.1B)(995.3M)(945.6M)
Long Term Debt1.4B1.7B3.3B5.8B6.7B7.0B
Short Long Term Debt2.5B1.8B7.0B7.7B7.7B8.0B
Property Plant Equipment6.6B7.5B8.2B11.8B13.6B6.9B
Short Term Investments488.7M2.2B2.4B4.6B6.7B7.0B
Long Term Debt Total1.4B1.5B1.8B3.6B4.2B4.4B
Capital Lease Obligations153.7M143.8M367.4M1.1B1.1B1.1B
Cash And Equivalents55.4M148.3M1.6B2.2B2.6B2.7B
Net Invested Capital15.0B19.5B27.7B32.5B35.0B23.9B

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Other Information on Investing in Amber Stock

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