Automotive Income Before Tax vs Net Income From Continuing Ops Analysis

ASAL Stock

661.70 22.30 3.26%

Automotive Stampings financial indicator trend analysis is way more than just evaluating Automotive Stampings and prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Automotive Stampings and is a good investment. Please check the relationship between Automotive Stampings Income Before Tax and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Automotive Stampings and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Automotive Stampings and Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Automotive Stampings' Income Before Tax and Net Income From Continuing Ops is 0.95. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Automotive Stampings and, assuming nothing else is changed. The correlation between historical values of Automotive Stampings' Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Automotive Stampings and are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Automotive Stampings' Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Automotive Stampings income statement and is an important metric when analyzing Automotive Stampings and 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.

Net Income From Continuing Ops

Most indicators from Automotive Stampings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Automotive Stampings and 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 Automotive Stampings and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 47.3 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	139.0M	127.0M	152.2M	106.7M
Depreciation And Amortization	108.4M	138.2M	163.2M	97.8M

Interest Expense Depreciation And Amortization

Automotive Stampings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue	Retained Earnings	Other Liab
Total Assets		0.36	0.01	0.63	-0.22	0.26	0.35	0.25	0.42	0.3	0.77	0.74	0.33	0.76	0.61	0.19	0.67	0.86	0.17	0.68	0.74	-0.05	-0.41	0.04	-0.27	-0.12
Short Long Term Debt Total	0.36		-0.65	0.86	-0.9	-0.05	1.0	-0.03	-0.16	0.0	0.46	0.47	0.28	0.32	0.53	0.34	0.87	0.49	0.85	0.36	0.46	-0.18	-0.64	0.61	-0.91	-0.06
Other Current Liab	0.01	-0.65		-0.45	0.61	-0.08	-0.65	-0.08	0.0	-0.14	0.05	-0.43	-0.18	0.15	-0.36	-0.56	-0.46	0.01	-0.51	-0.34	-0.22	0.2	0.52	-0.34	0.64	0.08
Total Current Liabilities	0.63	0.86	-0.45		-0.87	-0.14	0.85	0.25	-0.11	0.28	0.58	0.57	0.19	0.69	0.72	0.36	0.98	0.76	0.77	0.5	0.79	-0.01	-0.61	0.52	-0.88	-0.12
Total Stockholder Equity	-0.22	-0.9	0.61	-0.87		0.27	-0.9	-0.23	0.39	-0.2	-0.34	-0.34	-0.23	-0.39	-0.6	-0.32	-0.87	-0.47	-0.81	-0.25	-0.58	0.05	0.65	-0.54	0.99	0.14
Property Plant And Equipment Net	0.26	-0.05	-0.08	-0.14	0.27		-0.04	-0.29	0.54	-0.05	0.18	0.31	0.31	-0.27	0.0	0.36	-0.08	-0.02	-0.27	0.36	-0.13	-0.83	-0.18	0.09	0.22	-0.09
Net Debt	0.35	1.0	-0.65	0.85	-0.9	-0.04		-0.06	-0.16	-0.02	0.45	0.46	0.27	0.31	0.51	0.34	0.86	0.48	0.85	0.35	0.45	-0.19	-0.63	0.62	-0.9	-0.04
Cash	0.25	-0.03	-0.08	0.25	-0.23	-0.29	-0.06		-0.15	0.65	0.3	0.21	0.29	0.4	0.57	0.01	0.29	0.36	-0.16	0.13	0.61	0.25	-0.36	-0.28	-0.23	-0.51
Non Current Assets Total	0.42	-0.16	0.0	-0.11	0.39	0.54	-0.16	-0.15		-0.19	-0.02	0.61	-0.01	-0.14	-0.09	0.51	-0.1	-0.1	-0.14	0.72	-0.12	-0.01	-0.07	-0.26	0.29	-0.14
Cash And Short Term Investments	0.3	0.0	-0.14	0.28	-0.2	-0.05	-0.02	0.65	-0.19		0.39	0.11	0.14	0.36	0.72	0.17	0.3	0.43	-0.12	0.08	0.59	-0.03	-0.3	-0.19	-0.21	-0.3
Net Receivables	0.77	0.46	0.05	0.58	-0.34	0.18	0.45	0.3	-0.02	0.39		0.4	0.55	0.61	0.69	-0.11	0.65	0.86	0.14	0.25	0.64	-0.26	-0.52	0.16	-0.33	-0.29
Common Stock Shares Outstanding	0.74	0.47	-0.43	0.57	-0.34	0.31	0.46	0.21	0.61	0.11	0.4		0.48	0.34	0.57	0.5	0.63	0.46	0.28	0.95	0.56	-0.04	-0.64	-0.06	-0.42	-0.26
Non Current Liabilities Total	0.33	0.28	-0.18	0.19	-0.23	0.31	0.27	0.29	-0.01	0.14	0.55	0.48		0.09	0.52	-0.2	0.35	0.37	-0.17	0.3	0.36	-0.39	-0.64	-0.15	-0.23	-0.36
Inventory	0.76	0.32	0.15	0.69	-0.39	-0.27	0.31	0.4	-0.14	0.36	0.61	0.34	0.09		0.55	-0.13	0.68	0.91	0.27	0.26	0.86	0.25	-0.18	0.12	-0.38	0.09
Other Current Assets	0.61	0.53	-0.36	0.72	-0.6	0.0	0.51	0.57	-0.09	0.72	0.69	0.57	0.52	0.55		0.24	0.77	0.72	0.33	0.48	0.81	-0.11	-0.63	-0.01	-0.62	-0.31
Other Stockholder Equity	0.19	0.34	-0.56	0.36	-0.32	0.36	0.34	0.01	0.51	0.17	-0.11	0.5	-0.2	-0.13	0.24		0.32	-0.08	0.43	0.64	0.09	-0.19	-0.41	0.29	-0.41	-0.21
Total Liab	0.67	0.87	-0.46	0.98	-0.87	-0.08	0.86	0.29	-0.1	0.3	0.65	0.63	0.35	0.68	0.77	0.32		0.79	0.7	0.54	0.82	-0.08	-0.7	0.45	-0.88	-0.17
Total Current Assets	0.86	0.49	0.01	0.76	-0.47	-0.02	0.48	0.36	-0.1	0.43	0.86	0.46	0.37	0.91	0.72	-0.08	0.79		0.27	0.34	0.88	-0.05	-0.42	0.18	-0.46	-0.06
Short Term Debt	0.17	0.85	-0.51	0.77	-0.81	-0.27	0.85	-0.16	-0.14	-0.12	0.14	0.28	-0.17	0.27	0.33	0.43	0.7	0.27		0.29	0.27	0.1	-0.3	0.55	-0.82	0.11
Common Stock	0.68	0.36	-0.34	0.5	-0.25	0.36	0.35	0.13	0.72	0.08	0.25	0.95	0.3	0.26	0.48	0.64	0.54	0.34	0.29		0.45	-0.04	-0.53	-0.03	-0.35	-0.22
Accounts Payable	0.74	0.46	-0.22	0.79	-0.58	-0.13	0.45	0.61	-0.12	0.59	0.64	0.56	0.36	0.86	0.81	0.09	0.82	0.88	0.27	0.45		0.07	-0.49	0.09	-0.59	-0.11
Non Currrent Assets Other	-0.05	-0.18	0.2	-0.01	0.05	-0.83	-0.19	0.25	-0.01	-0.03	-0.26	-0.04	-0.39	0.25	-0.11	-0.19	-0.08	-0.05	0.1	-0.04	0.07		0.28	-0.42	0.06	0.11
Intangible Assets	-0.41	-0.64	0.52	-0.61	0.65	-0.18	-0.63	-0.36	-0.07	-0.3	-0.52	-0.64	-0.64	-0.18	-0.63	-0.41	-0.7	-0.42	-0.3	-0.53	-0.49	0.28		-0.28	0.68	0.65
Current Deferred Revenue	0.04	0.61	-0.34	0.52	-0.54	0.09	0.62	-0.28	-0.26	-0.19	0.16	-0.06	-0.15	0.12	-0.01	0.29	0.45	0.18	0.55	-0.03	0.09	-0.42	-0.28		-0.52	0.02
Retained Earnings	-0.27	-0.91	0.64	-0.88	0.99	0.22	-0.9	-0.23	0.29	-0.21	-0.33	-0.42	-0.23	-0.38	-0.62	-0.41	-0.88	-0.46	-0.82	-0.35	-0.59	0.06	0.68	-0.52		0.16
Other Liab	-0.12	-0.06	0.08	-0.12	0.14	-0.09	-0.04	-0.51	-0.14	-0.3	-0.29	-0.26	-0.36	0.09	-0.31	-0.21	-0.17	-0.06	0.11	-0.22	-0.11	0.11	0.65	0.02	0.16

Click cells to compare fundamentals

Automotive Stampings Account Relationship Matchups

Automotive Stampings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	1.7B	1.8B	2.3B	2.8B	2.1B
Short Long Term Debt Total	1.5B	1.6B	819.4M	826.7M	1.0B	867.7M
Other Current Liab	409.0K	420K	(1.5M)	122.9M	302.1M	172.5M
Total Current Liabilities	2.1B	2.2B	1.8B	2.1B	2.3B	1.4B
Total Stockholder Equity	(588.3M)	(887.2M)	(357.1M)	(273.4M)	(73.7M)	(70.0M)
Property Plant And Equipment Net	1.0B	845.2M	932.2M	934.6M	1.2B	1.2B
Net Debt	1.5B	1.6B	783.7M	797.5M	1.0B	845.9M
Cash	4.1M	259K	35.7M	29.1M	18.8M	15.9M
Non Current Assets Total	1.1B	904.9M	1.0B	992.9M	1.2B	1.2B
Cash And Short Term Investments	4.1M	259K	35.7M	148.6M	18.8M	30.9M
Net Receivables	360.9M	311.5M	230.2M	580.0M	715.1M	408.7M
Liabilities And Stockholders Equity	1.9B	1.7B	1.8B	2.3B	2.8B	2.1B
Non Current Liabilities Total	317.6M	411.3M	404.4M	380.5M	615.5M	363.5M
Inventory	313.7M	367.6M	405.3M	513.3M	663.3M	377.9M
Other Current Assets	122.4M	164.0M	124.2M	270.0M	207.4M	103.7M
Total Liab	2.4B	2.6B	2.2B	2.5B	2.9B	1.9B
Total Current Assets	757.0M	843.4M	795.5M	1.3B	1.6B	883.8M
Accumulated Other Comprehensive Income	(372.6M)	(470.3M)	74.4M	74.4M	(232.3M)	(244.0M)
Short Term Debt	1.2B	1.2B	452.8M	487.3M	479.5M	513.7M
Accounts Payable	704.0M	769.7M	1.1B	1.4B	1.5B	841.6M
Non Currrent Assets Other	(76.7M)	(12.6M)	1K	32.4M	65.6M	68.9M
Intangible Assets	4.4M	3.1M	2.3M	1.8M	2.3M	2.9M
Current Deferred Revenue	221.9M	229.8M	203.8M	57.1M	4.5M	4.3M
Retained Earnings	(1.2B)	(1.5B)	(1.0B)	(930.2M)	(730.5M)	(767.0M)
Other Liab	36.9M	41.6M	50.5M	37.7M	43.4M	43.6M
Net Tangible Assets	(416.0M)	(592.7M)	(890.3M)	(359.4M)	(323.5M)	(307.3M)
Other Assets	67.1M	59.9M	81.0M	32.4M	29.2M	44.5M
Short Long Term Debt	1.2B	1.2B	428.4M	460M	459.9M	683.2M
Property Plant Equipment	1.0B	841.9M	930.2M	934.6M	841.1M	836.4M
Long Term Debt Total	275.9M	360.8M	366.7M	339.4M	305.5M	304.6M
Cash And Equivalents	4.1M	259K	35.7M	29.1M	33.5M	35.2M
Net Invested Capital	864.1M	655.2M	71.3M	186.6M	386.2M	451.0M
Net Working Capital	(1.4B)	(1.4B)	(966.2M)	(885.8M)	(703.4M)	(738.5M)

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Automotive Stock Analysis

When running Automotive Stampings' price analysis, check to measure Automotive Stampings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Automotive Stampings is operating at the current time. Most of Automotive Stampings' value examination focuses on studying past and present price action to predict the probability of Automotive Stampings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automotive Stampings' price. Additionally, you may evaluate how the addition of Automotive Stampings to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Automotive Income Before Tax vs Net Income From Continuing Ops Analysis

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income From Continuing Ops

Automotive Stampings fundamental ratios Correlations

Automotive Stampings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Automotive Stampings fundamental ratios Accounts

Also Currently Popular

Additional Tools for Automotive Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Total Current Liabilities
Common Stock	+ 0.95	Common Stock Shares Outstanding
Total Current Assets	+ 0.91	Inventory
Accounts Payable	+ 0.88	Total Current Assets

Retained Earnings	- 0.91	Short Long Term Debt Total
Retained Earnings	- 0.9	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Total Stockholder Equity	- 0.9	Short Long Term Debt Total
Retained Earnings	- 0.88	Total Liab
Retained Earnings	- 0.88	Total Current Liabilities