Ambica Net Income vs Income Before Tax Analysis

AMBICAAGAR

28.96 0.28 0.98%

Ambica Agarbathies financial indicator trend analysis is way more than just evaluating Ambica Agarbathies Aroma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambica Agarbathies Aroma is a good investment. Please check the relationship between Ambica Agarbathies 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 Ambica Agarbathies Aroma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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 Ambica Agarbathies Aroma Net Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ambica Agarbathies' Net Income and Income Before Tax is 0.94. 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 Ambica Agarbathies Aroma, assuming nothing else is changed. The correlation between historical values of Ambica Agarbathies' 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 Ambica Agarbathies Aroma 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., Ambica Agarbathies' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ambica Agarbathies Aroma financial statement analysis. It represents the amount of money remaining after all of Ambica Agarbathies Aroma 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 Ambica Agarbathies income statement and is an important metric when analyzing Ambica Agarbathies Aroma 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 Ambica Agarbathies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambica Agarbathies Aroma 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 Ambica Agarbathies Aroma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

The current year's Selling General Administrative is expected to grow to about 206.1 M

	2021	2022	2023	2024 (projected)
Interest Expense	117.0M	78.4M	97.2M	80.9M
Depreciation And Amortization	32.6M	18.4M	16.9M	24.5M

Interest Expense Depreciation And Amortization

Ambica Agarbathies fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Current Deferred Revenue	Short Term Debt	Intangible Assets	Short Term Investments
Common Stock Shares Outstanding		0.41	0.73	-0.36	0.31	0.31	0.3	0.86	0.2	-0.81	0.4	0.02	-0.18	0.11	0.22	-0.09	0.29	0.03	0.56	0.29	0.85	0.22	0.36	-0.17	0.18	0.08
Total Assets	0.41		0.73	0.44	-0.44	0.98	0.98	0.65	0.45	-0.09	0.97	-0.36	0.23	0.68	0.9	-0.67	0.07	0.41	0.95	0.68	0.5	0.61	0.47	-0.81	0.31	0.61
Short Long Term Debt Total	0.73	0.73		-0.21	-0.12	0.62	0.7	0.95	0.56	-0.34	0.76	-0.08	-0.09	0.22	0.67	-0.5	0.22	0.08	0.87	0.35	0.69	0.27	0.36	-0.46	0.24	0.19
Other Current Liab	-0.36	0.44	-0.21		-0.58	0.56	0.46	-0.28	-0.1	0.32	0.35	-0.3	0.61	0.65	0.46	-0.44	-0.09	0.28	0.21	0.53	-0.17	0.36	0.28	-0.64	-0.08	0.58
Total Current Liabilities	0.31	-0.44	-0.12	-0.58		-0.49	-0.58	0.07	-0.39	-0.54	-0.5	0.35	-0.37	-0.25	-0.75	0.72	0.03	-0.08	-0.31	-0.06	0.18	0.09	0.09	0.79	0.17	-0.42
Total Stockholder Equity	0.31	0.98	0.62	0.56	-0.49		0.97	0.53	0.42	-0.03	0.95	-0.39	0.33	0.72	0.88	-0.69	0.04	0.4	0.88	0.69	0.42	0.58	0.46	-0.83	0.33	0.68
Property Plant And Equipment Net	0.3	0.98	0.7	0.46	-0.58	0.97		0.56	0.56	0.08	0.98	-0.39	0.26	0.62	0.94	-0.76	0.06	0.36	0.91	0.56	0.38	0.48	0.37	-0.85	0.32	0.61
Net Debt	0.86	0.65	0.95	-0.28	0.07	0.53	0.56		0.4	-0.61	0.64	-0.03	-0.12	0.23	0.51	-0.33	0.17	0.07	0.79	0.39	0.79	0.29	0.34	-0.32	0.17	0.21
Retained Earnings	0.2	0.45	0.56	-0.1	-0.39	0.42	0.56	0.4		0.2	0.59	0.13	0.03	-0.06	0.53	-0.69	0.16	-0.17	0.46	-0.16	0.17	-0.13	-0.11	-0.34	0.4	0.12
Cash	-0.81	-0.09	-0.34	0.32	-0.54	-0.03	0.08	-0.61	0.2		-0.01	-0.13	0.15	-0.09	0.15	-0.24	-0.13	0.03	-0.19	-0.3	-0.71	-0.18	-0.23	-0.13	0.05	-0.09
Non Current Assets Total	0.4	0.97	0.76	0.35	-0.5	0.95	0.98	0.64	0.59	-0.01		-0.37	0.18	0.59	0.92	-0.71	0.0	0.38	0.94	0.48	0.43	0.49	0.32	-0.8	0.36	0.6
Non Currrent Assets Other	0.02	-0.36	-0.08	-0.3	0.35	-0.39	-0.39	-0.03	0.13	-0.13	-0.37		-0.02	-0.31	-0.37	0.02	0.16	-0.69	-0.26	-0.18	0.02	-0.16	0.21	0.4	-0.02	-0.51
Cash And Short Term Investments	-0.18	0.23	-0.09	0.61	-0.37	0.33	0.26	-0.12	0.03	0.15	0.18	-0.02		0.58	0.23	-0.48	-0.22	-0.11	0.04	0.29	-0.2	-0.19	0.22	-0.28	0.07	0.46
Net Receivables	0.11	0.68	0.22	0.65	-0.25	0.72	0.62	0.23	-0.06	-0.09	0.59	-0.31	0.58		0.52	-0.3	-0.45	0.51	0.55	0.65	0.01	0.57	0.39	-0.55	0.11	0.83
Non Current Liabilities Total	0.22	0.9	0.67	0.46	-0.75	0.88	0.94	0.51	0.53	0.15	0.92	-0.37	0.23	0.52		-0.81	0.07	0.31	0.86	0.46	0.32	0.38	0.27	-0.92	0.08	0.54
Inventory	-0.09	-0.67	-0.5	-0.44	0.72	-0.69	-0.76	-0.33	-0.69	-0.24	-0.71	0.02	-0.48	-0.3	-0.81		-0.25	0.08	-0.6	-0.29	-0.23	-0.04	-0.22	0.73	-0.21	-0.31
Other Current Assets	0.29	0.07	0.22	-0.09	0.03	0.04	0.06	0.17	0.16	-0.13	0.0	0.16	-0.22	-0.45	0.07	-0.25		-0.34	0.12	0.27	0.58	0.0	0.43	-0.16	0.02	-0.48
Other Stockholder Equity	0.03	0.41	0.08	0.28	-0.08	0.4	0.36	0.07	-0.17	0.03	0.38	-0.69	-0.11	0.51	0.31	0.08	-0.34		0.39	0.32	-0.04	0.63	-0.15	-0.33	0.06	0.43
Total Liab	0.56	0.95	0.87	0.21	-0.31	0.88	0.91	0.79	0.46	-0.19	0.94	-0.26	0.04	0.55	0.86	-0.6	0.12	0.39		0.61	0.59	0.61	0.45	-0.73	0.25	0.45
Total Current Assets	0.29	0.68	0.35	0.53	-0.06	0.69	0.56	0.39	-0.16	-0.3	0.48	-0.18	0.29	0.65	0.46	-0.29	0.27	0.32	0.61		0.51	0.71	0.73	-0.53	0.02	0.4
Common Stock	0.85	0.5	0.69	-0.17	0.18	0.42	0.38	0.79	0.17	-0.71	0.43	0.02	-0.2	0.01	0.32	-0.23	0.58	-0.04	0.59	0.51		0.33	0.51	-0.29	0.17	-0.06
Accounts Payable	0.22	0.61	0.27	0.36	0.09	0.58	0.48	0.29	-0.13	-0.18	0.49	-0.16	-0.19	0.57	0.38	-0.04	0.0	0.63	0.61	0.71	0.33		0.49	-0.41	0.14	0.31
Current Deferred Revenue	0.36	0.47	0.36	0.28	0.09	0.46	0.37	0.34	-0.11	-0.23	0.32	0.21	0.22	0.39	0.27	-0.22	0.43	-0.15	0.45	0.73	0.51	0.49		-0.34	0.19	0.03
Short Term Debt	-0.17	-0.81	-0.46	-0.64	0.79	-0.83	-0.85	-0.32	-0.34	-0.13	-0.8	0.4	-0.28	-0.55	-0.92	0.73	-0.16	-0.33	-0.73	-0.53	-0.29	-0.41	-0.34		0.05	-0.57
Intangible Assets	0.18	0.31	0.24	-0.08	0.17	0.33	0.32	0.17	0.4	0.05	0.36	-0.02	0.07	0.11	0.08	-0.21	0.02	0.06	0.25	0.02	0.17	0.14	0.19	0.05		0.05
Short Term Investments	0.08	0.61	0.19	0.58	-0.42	0.68	0.61	0.21	0.12	-0.09	0.6	-0.51	0.46	0.83	0.54	-0.31	-0.48	0.43	0.45	0.4	-0.06	0.31	0.03	-0.57	0.05

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Ambica Agarbathies Account Relationship Matchups

Ambica Agarbathies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.1B	2.2B	2.0B	2.1B	1.6B
Short Long Term Debt Total	658.7M	691.4M	635.8M	628.2M	673.2M	659.2M
Other Current Liab	58.0M	60.2M	77.7M	110.6M	71.4M	44.1M
Total Current Liabilities	147.2M	204.0M	343.6M	151.4M	203.1M	276.9M
Total Stockholder Equity	971.8M	1.0B	1.0B	1.0B	1.0B	674.2M
Property Plant And Equipment Net	1.3B	1.2B	1.2B	1.2B	1.2B	906.8M
Net Debt	625.1M	665.9M	619.5M	617.0M	658.9M	612.2M
Retained Earnings	125.6M	154.2M	178.1M	203.2M	233.7M	224.0M
Cash	33.6M	25.5M	16.2M	11.2M	14.3M	13.6M
Non Current Assets Total	1.5B	1.5B	1.5B	1.4B	1.4B	1.1B
Non Currrent Assets Other	(1.3B)	(1.0)	60.7M	53.9M	49.2M	51.6M
Cash And Short Term Investments	33.6M	25.5M	16.2M	428.0M	14.3M	13.6M
Net Receivables	339.1M	442.6M	556.5M	613.8M	94.1M	89.4M
Liabilities And Stockholders Equity	2.0B	2.1B	2.2B	2.0B	2.1B	1.6B
Non Current Liabilities Total	924.3M	910.7M	823.4M	837.2M	896.7M	691.3M
Inventory	135.6M	135.9M	131.0M	25.4M	55.6M	101.6M
Other Current Assets	3.4M	(1.0)	10.4M	32.5M	580.4M	609.5M
Other Stockholder Equity	674.5M	24.8M	674.5M	26.2M	30.1M	28.6M
Total Liab	1.1B	1.1B	1.2B	988.7M	1.1B	968.2M
Total Current Assets	511.7M	604.0M	714.1M	682.9M	744.4M	534.9M
Accounts Payable	88.8M	137.3M	249.0M	40.5M	131.8M	78.2M
Current Deferred Revenue	(415.9K)	66.3M	40.6M	53.2M	61.2M	64.2M
Intangible Assets	172.7K	151.4K	130.1K	151K	152K	158.3K

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Other Information on Investing in Ambica Stock

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

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Ambica Net Income vs Income Before Tax Analysis

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income

Income Before Tax

Ambica Agarbathies fundamental ratios Correlations

Ambica Agarbathies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ambica Agarbathies fundamental ratios Accounts

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Other Information on Investing in Ambica Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Non Current Assets Total	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.97	Total Stockholder Equity
Total Liab	+ 0.95	Total Assets

Short Term Debt	- 0.92	Non Current Liabilities Total
Short Term Debt	- 0.85	Property Plant And Equipment Net
Short Term Debt	- 0.83	Total Stockholder Equity
Inventory	- 0.81	Non Current Liabilities Total
Short Term Debt	- 0.81	Total Assets
Cash	- 0.81	Common Stock Shares Outstanding