Core Income Before Tax vs Ebitda Analysis

CMT Stock

USD 17.50 0.62 3.67%

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

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Core Molding Technologies Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Core Molding's Income Before Tax and Ebitda is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Core Molding Technologies, assuming nothing else is changed. The correlation between historical values of Core Molding's Income Before Tax and Ebitda 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 Core Molding Technologies are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Core Molding's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.93

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 Core Molding income statement and is an important metric when analyzing Core Molding Technologies 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.

Ebitda

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

At this time, Core Molding's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Enterprise Value Multiple is likely to drop 3.52 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	41.3M	52.4M	64.5M	67.7M
Total Revenue	307.5M	377.4M	357.7M	375.6M

Gross Profit Total Revenue

Core Molding 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.62	0.65	0.73	0.71	0.95	0.41	0.71	0.92	0.11	0.97	0.01	0.11	0.85	0.11	0.57	0.95	0.44	0.05	0.84	0.43	0.72	0.24	0.03	0.16	-0.38
Short Long Term Debt Total	0.62		0.3	0.72	0.22	0.45	0.9	0.17	0.69	-0.3	0.73	0.15	-0.3	0.56	0.22	0.69	0.7	0.23	0.33	0.92	0.19	0.36	0.54	0.26	0.27	-0.24
Other Current Liab	0.65	0.3		0.47	0.77	0.62	0.16	0.72	0.63	0.19	0.64	-0.09	0.19	0.6	0.04	0.3	0.59	0.66	0.23	0.54	0.66	0.75	0.06	-0.03	0.07	-0.34
Total Current Liabilities	0.73	0.72	0.47		0.36	0.7	0.65	0.34	0.72	-0.23	0.8	0.07	-0.23	0.59	0.13	0.2	0.77	0.44	0.14	0.83	0.24	0.41	0.8	0.15	0.19	-0.26
Total Stockholder Equity	0.71	0.22	0.77	0.36		0.7	-0.1	0.99	0.59	0.61	0.62	0.0	0.61	0.58	-0.26	0.25	0.6	0.62	-0.07	0.44	0.83	0.96	-0.02	-0.4	-0.25	-0.29
Property Plant And Equipment Net	0.95	0.45	0.62	0.7	0.7		0.26	0.73	0.8	0.13	0.92	-0.11	0.13	0.76	-0.08	0.37	0.89	0.32	-0.2	0.7	0.31	0.63	0.28	-0.11	-0.02	-0.21
Net Debt	0.41	0.9	0.16	0.65	-0.1	0.26		-0.14	0.56	-0.69	0.56	0.11	-0.69	0.47	0.23	0.61	0.56	0.11	0.3	0.8	-0.1	0.05	0.51	0.36	0.3	-0.19
Retained Earnings	0.71	0.17	0.72	0.34	0.99	0.73	-0.14		0.55	0.61	0.62	-0.04	0.61	0.56	-0.37	0.22	0.6	0.54	-0.22	0.4	0.77	0.93	-0.02	-0.49	-0.35	-0.21
Accounts Payable	0.92	0.69	0.63	0.72	0.59	0.8	0.56	0.55		-0.09	0.91	0.07	-0.09	0.86	0.27	0.66	0.93	0.45	0.26	0.89	0.36	0.65	0.21	0.22	0.31	-0.54
Cash	0.11	-0.3	0.19	-0.23	0.61	0.13	-0.69	0.61	-0.09		-0.04	0.02	1.0	-0.12	-0.19	-0.2	-0.09	0.18	-0.09	-0.24	0.59	0.53	-0.23	-0.4	-0.25	0.02
Non Current Assets Total	0.97	0.73	0.64	0.8	0.62	0.92	0.56	0.62	0.91	-0.04		0.05	-0.04	0.79	0.1	0.59	0.96	0.42	0.08	0.91	0.33	0.62	0.36	0.1	0.17	-0.32
Non Currrent Assets Other	0.01	0.15	-0.09	0.07	0.0	-0.11	0.11	-0.04	0.07	0.02	0.05		0.02	-0.16	0.1	0.05	0.08	0.21	0.18	0.09	0.06	0.0	0.08	0.06	0.08	-0.45
Cash And Short Term Investments	0.11	-0.3	0.19	-0.23	0.61	0.13	-0.69	0.61	-0.09	1.0	-0.04	0.02		-0.12	-0.19	-0.2	-0.09	0.18	-0.09	-0.24	0.59	0.53	-0.23	-0.4	-0.25	0.02
Net Receivables	0.85	0.56	0.6	0.59	0.58	0.76	0.47	0.56	0.86	-0.12	0.79	-0.16	-0.12		0.13	0.61	0.83	0.4	0.05	0.77	0.4	0.66	0.08	0.02	0.16	-0.47
Common Stock Shares Outstanding	0.11	0.22	0.04	0.13	-0.26	-0.08	0.23	-0.37	0.27	-0.19	0.1	0.1	-0.19	0.13		0.24	0.04	0.12	0.84	0.2	-0.14	-0.17	-0.01	0.88	0.99	-0.46
Non Current Liabilities Total	0.57	0.69	0.3	0.2	0.25	0.37	0.61	0.22	0.66	-0.2	0.59	0.05	-0.2	0.61	0.24		0.62	0.13	0.29	0.71	0.12	0.37	-0.21	0.27	0.28	-0.23
Inventory	0.95	0.7	0.59	0.77	0.6	0.89	0.56	0.6	0.93	-0.09	0.96	0.08	-0.09	0.83	0.04	0.62		0.42	0.0	0.9	0.32	0.64	0.3	0.03	0.09	-0.36
Other Current Assets	0.44	0.23	0.66	0.44	0.62	0.32	0.11	0.54	0.45	0.18	0.42	0.21	0.18	0.4	0.12	0.13	0.42		0.38	0.43	0.71	0.67	0.11	0.03	0.15	-0.39
Other Stockholder Equity	0.05	0.33	0.23	0.14	-0.07	-0.2	0.3	-0.22	0.26	-0.09	0.08	0.18	-0.09	0.05	0.84	0.29	0.0	0.38		0.27	0.13	0.06	0.04	0.8	0.84	-0.42
Total Liab	0.84	0.92	0.54	0.83	0.44	0.7	0.8	0.4	0.89	-0.24	0.91	0.09	-0.24	0.77	0.2	0.71	0.9	0.43	0.27		0.3	0.55	0.45	0.23	0.26	-0.31
Property Plant And Equipment Gross	0.43	0.19	0.66	0.24	0.83	0.31	-0.1	0.77	0.36	0.59	0.33	0.06	0.59	0.4	-0.14	0.12	0.32	0.71	0.13	0.3		0.88	0.0	-0.42	-0.18	-0.36
Total Current Assets	0.72	0.36	0.75	0.41	0.96	0.63	0.05	0.93	0.65	0.53	0.62	0.0	0.53	0.66	-0.17	0.37	0.64	0.67	0.06	0.55	0.88		0.01	-0.33	-0.16	-0.35
Short Term Debt	0.24	0.54	0.06	0.8	-0.02	0.28	0.51	-0.02	0.21	-0.23	0.36	0.08	-0.23	0.08	-0.01	-0.21	0.3	0.11	0.04	0.45	0.0	0.01		0.08	0.04	0.03
Common Stock Total Equity	0.03	0.26	-0.03	0.15	-0.4	-0.11	0.36	-0.49	0.22	-0.4	0.1	0.06	-0.4	0.02	0.88	0.27	0.03	0.03	0.8	0.23	-0.42	-0.33	0.08		0.93	-0.23
Common Stock	0.16	0.27	0.07	0.19	-0.25	-0.02	0.3	-0.35	0.31	-0.25	0.17	0.08	-0.25	0.16	0.99	0.28	0.09	0.15	0.84	0.26	-0.18	-0.16	0.04	0.93		-0.42
Other Liab	-0.38	-0.24	-0.34	-0.26	-0.29	-0.21	-0.19	-0.21	-0.54	0.02	-0.32	-0.45	0.02	-0.47	-0.46	-0.23	-0.36	-0.39	-0.42	-0.31	-0.36	-0.35	0.03	-0.23	-0.42

Click cells to compare fundamentals

Core Molding Account Relationship Matchups

Core Molding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	179.3M	165.5M	186.1M	198.6M	213.4M	118.9M
Short Long Term Debt Total	52.6M	28.2M	29.6M	26.1M	26.8M	22.7M
Other Current Liab	9.5M	12.1M	11.9M	15.1M	13.6M	14.3M
Total Current Liabilities	82.6M	36.0M	53.1M	50.8M	46.2M	28.4M
Total Stockholder Equity	84.4M	93.9M	100.1M	116.1M	139.0M	145.9M
Property Plant And Equipment Net	83.7M	76.8M	81.5M	88.4M	85.0M	54.5M
Net Debt	50.7M	24.0M	23.5M	21.9M	2.7M	2.6M
Retained Earnings	76.7M	84.9M	89.5M	101.7M	122.1M	128.2M
Accounts Payable	19.9M	17.0M	22.7M	29.6M	24.0M	13.0M
Cash	1.9M	4.1M	6.1M	4.2M	24.1M	25.3M
Non Current Assets Total	118.1M	109.0M	111.0M	118.0M	110.5M	68.7M
Non Currrent Assets Other	3.6M	2.4M	2.0M	4.6M	2.0M	2.1M
Cash And Short Term Investments	1.9M	4.1M	6.1M	4.2M	24.1M	25.3M
Net Receivables	32.4M	27.6M	35.3M	47.3M	48.2M	26.0M
Common Stock Shares Outstanding	7.8M	7.9M	8.1M	8.4M	8.8M	6.8M
Liabilities And Stockholders Equity	179.3M	165.5M	186.1M	198.6M	213.4M	118.9M
Non Current Liabilities Total	12.3M	35.6M	33.0M	31.7M	28.2M	20.7M
Inventory	21.7M	18.4M	25.1M	23.9M	22.1M	12.4M
Other Current Assets	5.3M	6.4M	8.6M	5.3M	8.5M	9.0M
Other Stockholder Equity	6.3M	7.6M	9.4M	11.2M	11.5M	8.6M
Total Liab	94.9M	71.6M	86.0M	82.5M	74.4M	56.8M
Property Plant And Equipment Gross	83.7M	76.8M	81.5M	83.3M	213.1M	223.8M
Total Current Assets	61.2M	56.5M	75.1M	80.7M	102.9M	108.0M
Accumulated Other Comprehensive Income	1.4M	1.4M	1.1M	3.1M	5.3M	5.6M
Short Term Debt	49.5M	3.0M	9.9M	4.7M	3.4M	5.3M
Common Stock Total Equity	78K	79K	80K	84K	75.6K	66.1K
Common Stock	79K	80K	82K	84K	86K	66.2K
Other Liab	7.9M	9.1M	7.7M	5.2M	4.7M	7.9M
Other Assets	3.6M	3.3M	2.6M	4.6M	4.1M	3.8M
Long Term Debt	0.0	25.2M	21.3M	23.0M	21.5M	16.1M
Property Plant Equipment	79.2M	74.1M	81.5M	83.3M	95.8M	55.7M
Intangible Assets	13.5M	11.5M	9.6M	7.6M	6.0M	7.4M
Current Deferred Revenue	3.7M	1.3M	6.3M	1.4M	5.2M	3.2M
Treasury Stock	(28.5M)	(28.5M)	(28.6M)	(29.1M)	(26.2M)	(27.5M)
Net Tangible Assets	53.6M	65.0M	73.2M	116.1M	133.5M	83.2M
Retained Earnings Total Equity	91.9M	76.7M	84.9M	101.7M	117.0M	80.4M
Long Term Debt Total	0.0	25.2M	21.3M	23.0M	26.4M	16.1M
Capital Surpluse	34.8M	36.1M	38.0M	40.3M	46.4M	35.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Core Stock Analysis

When running Core Molding's price analysis, check to measure Core Molding's 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 Core Molding is operating at the current time. Most of Core Molding's value examination focuses on studying past and present price action to predict the probability of Core Molding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Molding's price. Additionally, you may evaluate how the addition of Core Molding 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