Amber Other Operating Expenses 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 Other Operating Expenses 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.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses 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 Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Amber Enterprises' Other Operating Expenses and Income Before Tax is 0.95. Overlapping area represents the amount of variation of Other Operating Expenses 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' Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses i.e., Amber Enterprises' Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Amber Enterprises India. It is also known as Amber Enterprises overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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 Expense | 422.0M | 1.1B | 1.5B | 1.6B | Depreciation And Amortization | 1.1B | 1.4B | 1.9B | 2.0B |
Amber Enterprises fundamental ratios Correlations
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Amber Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Amber Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.0B | 35.9B | 49.1B | 62.4B | 65.9B | 69.2B | |
Short Long Term Debt Total | 3.8B | 4.0B | 10.7B | 14.6B | 15.4B | 16.2B | |
Other Current Liab | 1.1B | 1.2B | 2.0B | 2.3B | 2.9B | 3.1B | |
Total Current Liabilities | 14.5B | 16.8B | 26.3B | 34.5B | 32.9B | 34.5B | |
Total Stockholder Equity | 11.3B | 16.0B | 17.3B | 19.1B | 20.6B | 10.5B | |
Property Plant And Equipment Net | 7.5B | 8.2B | 11.8B | 18.0B | 21.9B | 23.0B | |
Current Deferred Revenue | 1.1B | 1.4B | 2.2B | 1.4B | 357.9M | 340.0M | |
Net Debt | 3.1B | 2.2B | 7.7B | 11.3B | 14.1B | 14.8B | |
Retained Earnings | 4.6B | 5.4B | 6.5B | 8.1B | 9.4B | 9.9B | |
Accounts Payable | 11.1B | 13.2B | 17.0B | 23.0B | 21.7B | 22.8B | |
Cash | 700.2M | 1.8B | 3.0B | 3.2B | 1.3B | 1.2B | |
Non Current Assets Total | 11.7B | 13.9B | 19.4B | 24.1B | 32.4B | 34.0B | |
Non Currrent Assets Other | 459.3M | 436.5M | 1.2B | 1.3B | 472.4M | 537.1M | |
Cash And Short Term Investments | 1.2B | 4.0B | 5.4B | 7.8B | 8.0B | 8.4B | |
Net Receivables | 9.2B | 10.8B | 13.3B | (2.7B) | 16.0B | 16.8B | |
Liabilities And Stockholders Equity | 29.0B | 35.9B | 49.1B | 62.4B | 65.9B | 69.2B | |
Non Current Liabilities Total | 2.9B | 2.7B | 5.1B | 8.4B | 11.9B | 12.5B | |
Inventory | 6.6B | 7.2B | 8.4B | 10.9B | 8.4B | 5.6B | |
Other Current Assets | 9.6B | 11.4B | 17.1B | 22.3B | 1.5B | 1.5B | |
Total Liab | 17.4B | 19.5B | 31.4B | 42.9B | 44.8B | 47.0B | |
Total Current Assets | 17.4B | 22.5B | 30.8B | 38.4B | 33.6B | 17.6B | |
Accumulated Other Comprehensive Income | (2.8B) | 39.2M | 245.6M | 408.4M | 20.3B | 21.3B | |
Short Term Debt | 2.3B | 2.2B | 7.1B | 7.9B | 7.9B | 8.3B | |
Intangible Assets | 2.4B | 2.5B | 3.0B | 3.3B | 4.4B | 4.6B | |
Other Liab | 1.4B | 926.2M | 1.5B | 1.7B | 2.0B | 2.1B | |
Net Tangible Assets | 8.0B | 7.6B | 12.3B | 12.9B | 14.8B | 15.5B | |
Other Assets | 478.6M | 481.5M | (551.3M) | (1.1B) | (995.3M) | (945.6M) | |
Long Term Debt | 1.4B | 1.7B | 3.3B | 5.8B | 6.7B | 7.0B | |
Short Long Term Debt | 2.5B | 1.8B | 7.0B | 7.7B | 7.7B | 8.0B | |
Property Plant Equipment | 6.6B | 7.5B | 8.2B | 11.8B | 13.6B | 6.9B | |
Short Term Investments | 488.7M | 2.2B | 2.4B | 4.6B | 6.7B | 7.0B | |
Long Term Debt Total | 1.4B | 1.5B | 1.8B | 3.6B | 4.2B | 4.4B | |
Capital Lease Obligations | 153.7M | 143.8M | 367.4M | 1.1B | 1.1B | 1.1B | |
Cash And Equivalents | 55.4M | 148.3M | 1.6B | 2.2B | 2.6B | 2.7B | |
Net Invested Capital | 15.0B | 19.5B | 27.7B | 32.5B | 35.0B | 23.9B |
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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.