Capricorn Income Before Tax vs Ebit Analysis

CNE Stock

318.50 8.00 2.45%

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

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capricorn Energy PLC Income Before Tax account and Ebit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Capricorn Energy's Income Before Tax and Ebit is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of Capricorn Energy PLC, assuming nothing else is changed. The correlation between historical values of Capricorn Energy's Income Before Tax and Ebit 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 Capricorn Energy PLC are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Capricorn Energy's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

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

Ebit

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

At present, Capricorn Energy's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.5 M, whereas Selling General Administrative is forecasted to decline to about 47 M.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	279.4M	162.5M	186.9M	178.1M
Other Operating Expenses	359.8M	342.5M	393.9M	266.2M

Total Operating Expenses Other Operating Expenses

Capricorn Energy fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Assets	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	Common Stock Total Equity	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Net Receivables	Inventory
Other Current Liab		0.95	0.57	-0.55	0.22	0.35	0.48	0.6	0.25	-0.35	0.54	0.41	0.37	0.53	-0.43	0.37	0.35	0.34	0.36	0.44	0.4	0.24	-0.17	0.43	0.12	0.18
Total Current Liabilities	0.95		0.51	-0.56	0.36	0.39	0.64	0.56	0.43	-0.26	0.46	0.53	0.28	0.59	-0.3	0.28	0.41	0.28	0.43	0.34	0.43	0.26	-0.3	0.6	-0.03	0.32
Total Stockholder Equity	0.57	0.51		-0.06	0.31	0.51	0.38	0.99	0.03	-0.9	0.98	0.29	0.9	0.81	-0.61	0.9	0.27	0.11	0.1	0.88	0.66	-0.31	-0.07	0.34	0.01	0.05
Common Stock Shares Outstanding	-0.55	-0.56	-0.06		-0.17	-0.2	-0.39	-0.09	-0.29	-0.09	-0.03	-0.1	0.05	-0.15	0.14	0.05	-0.52	-0.16	-0.22	-0.02	0.07	-0.6	0.34	-0.5	-0.23	-0.05
Non Current Liabilities Total	0.22	0.36	0.31	-0.17		0.36	0.81	0.38	0.61	-0.13	0.3	0.08	0.16	0.47	-0.09	0.16	0.29	-0.04	0.53	0.14	0.3	0.08	-0.03	0.31	-0.22	0.56
Other Stockholder Equity	0.35	0.39	0.51	-0.2	0.36		0.52	0.55	0.57	-0.23	0.35	0.46	0.24	0.7	-0.25	0.25	0.01	0.33	0.54	0.25	0.77	0.31	0.34	0.61	-0.11	0.02
Total Liab	0.48	0.64	0.38	-0.39	0.81	0.52		0.47	0.73	-0.09	0.32	0.29	0.15	0.6	-0.23	0.14	0.38	0.14	0.66	0.17	0.46	0.33	-0.05	0.56	-0.26	0.59
Total Assets	0.6	0.56	0.99	-0.09	0.38	0.55	0.47		0.12	-0.87	0.97	0.31	0.87	0.84	-0.61	0.87	0.29	0.12	0.17	0.85	0.69	-0.26	-0.07	0.39	-0.02	0.11
Property Plant And Equipment Net	0.25	0.43	0.03	-0.29	0.61	0.57	0.73	0.12		0.32	-0.1	0.29	-0.29	0.55	-0.08	-0.3	0.01	0.05	0.82	-0.33	0.51	0.57	0.06	0.69	-0.34	0.27
Net Debt	-0.35	-0.26	-0.9	-0.09	-0.13	-0.23	-0.09	-0.87	0.32		-0.95	-0.12	-1.0	-0.53	0.53	-1.0	-0.27	0.07	0.28	-0.96	-0.39	0.53	0.16	-0.13	-0.08	-0.06
Retained Earnings	0.54	0.46	0.98	-0.03	0.3	0.35	0.32	0.97	-0.1	-0.95		0.2	0.95	0.71	-0.6	0.94	0.35	0.05	-0.02	0.93	0.53	-0.41	-0.14	0.23	0.04	0.09
Accounts Payable	0.41	0.53	0.29	-0.1	0.08	0.46	0.29	0.31	0.29	-0.12	0.2		0.11	0.47	0.18	0.1	-0.01	0.07	0.26	0.07	0.44	0.12	0.04	0.41	0.29	-0.06
Cash	0.37	0.28	0.9	0.05	0.16	0.24	0.15	0.87	-0.29	-1.0	0.95	0.11		0.54	-0.55	1.0	0.3	-0.06	-0.26	0.96	0.39	-0.49	-0.16	0.16	0.05	0.12
Non Current Assets Total	0.53	0.59	0.81	-0.15	0.47	0.7	0.6	0.84	0.55	-0.53	0.71	0.47	0.54		-0.49	0.53	0.18	0.01	0.51	0.47	0.8	0.02	-0.03	0.64	-0.06	-0.02
Non Currrent Assets Other	-0.43	-0.3	-0.61	0.14	-0.09	-0.25	-0.23	-0.61	-0.08	0.53	-0.6	0.18	-0.55	-0.49		-0.55	-0.15	0.01	-0.26	-0.51	-0.52	-0.17	-0.18	-0.29	0.17	0.02
Cash And Short Term Investments	0.37	0.28	0.9	0.05	0.16	0.25	0.14	0.87	-0.3	-1.0	0.94	0.1	1.0	0.53	-0.55		0.3	-0.05	-0.27	0.97	0.39	-0.49	-0.15	0.16	0.05	0.12
Common Stock Total Equity	0.35	0.41	0.27	-0.52	0.29	0.01	0.38	0.29	0.01	-0.27	0.35	-0.01	0.3	0.18	-0.15	0.3		-0.01	-0.07	0.38	-0.1	0.06	-0.38	0.26	0.05	0.12
Other Current Assets	0.34	0.28	0.11	-0.16	-0.04	0.33	0.14	0.12	0.05	0.07	0.05	0.07	-0.06	0.01	0.01	-0.05	-0.01		0.04	0.17	0.36	0.19	0.24	-0.1	-0.02	0.14
Property Plant And Equipment Gross	0.36	0.43	0.1	-0.22	0.53	0.54	0.66	0.17	0.82	0.28	-0.02	0.26	-0.26	0.51	-0.26	-0.27	-0.07	0.04		-0.31	0.48	0.52	0.29	0.46	-0.28	0.1
Total Current Assets	0.44	0.34	0.88	-0.02	0.14	0.25	0.17	0.85	-0.33	-0.96	0.93	0.07	0.96	0.47	-0.51	0.97	0.38	0.17	-0.31		0.38	-0.45	-0.15	0.1	0.06	0.17
Common Stock	0.4	0.43	0.66	0.07	0.3	0.77	0.46	0.69	0.51	-0.39	0.53	0.44	0.39	0.8	-0.52	0.39	-0.1	0.36	0.48	0.38		0.14	0.3	0.52	-0.23	0.04
Short Long Term Debt Total	0.24	0.26	-0.31	-0.6	0.08	0.31	0.33	-0.26	0.57	0.53	-0.41	0.12	-0.49	0.02	-0.17	-0.49	0.06	0.19	0.52	-0.45	0.14		0.34	0.41	0.1	-0.01
Current Deferred Revenue	-0.17	-0.3	-0.07	0.34	-0.03	0.34	-0.05	-0.07	0.06	0.16	-0.14	0.04	-0.16	-0.03	-0.18	-0.15	-0.38	0.24	0.29	-0.15	0.3	0.34		-0.32	0.19	-0.22
Short Term Debt	0.43	0.6	0.34	-0.5	0.31	0.61	0.56	0.39	0.69	-0.13	0.23	0.41	0.16	0.64	-0.29	0.16	0.26	-0.1	0.46	0.1	0.52	0.41	-0.32		-0.33	0.18
Net Receivables	0.12	-0.03	0.01	-0.23	-0.22	-0.11	-0.26	-0.02	-0.34	-0.08	0.04	0.29	0.05	-0.06	0.17	0.05	0.05	-0.02	-0.28	0.06	-0.23	0.1	0.19	-0.33		-0.48
Inventory	0.18	0.32	0.05	-0.05	0.56	0.02	0.59	0.11	0.27	-0.06	0.09	-0.06	0.12	-0.02	0.02	0.12	0.12	0.14	0.1	0.17	0.04	-0.01	-0.22	0.18	-0.48

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Capricorn Energy Account Relationship Matchups

Capricorn Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Other Current Liab	87.4M	171.3M	106.5M	106.2M	122.1M	128.5M
Total Current Liabilities	142.8M	186.4M	108M	123.4M	141.9M	173.6M
Total Stockholder Equity	1.1B	1.8B	1.2B	406.5M	467.5M	444.1M
Common Stock Shares Outstanding	121.6M	125.5M	112.2M	101.2M	91.0M	86.5M
Liabilities And Stockholders Equity	1.6B	2.2B	1.5B	667.6M	767.7M	729.4M
Non Current Liabilities Total	366.9M	166.1M	133.2M	137.7M	158.4M	216.1M
Other Stockholder Equity	490.1M	490.9M	588.4M	(45.3M)	(52.1M)	(49.5M)
Total Liab	509.7M	447.8M	314.7M	261.1M	300.3M	399.7M
Total Assets	1.6B	2.2B	1.5B	667.6M	767.7M	729.4M
Property Plant And Equipment Net	861.3M	377.4M	261M	231.5M	266.2M	252.9M
Net Debt	(329.6M)	(133.4M)	(593.9M)	(70.3M)	(63.3M)	(66.4M)
Retained Earnings	729.7M	1.3B	771.8M	444.2M	510.8M	918.4M
Accounts Payable	10.6M	1.6M	1.5M	300K	270K	256.5K
Cash	569.6M	314.1M	756.8M	189.5M	217.9M	207.0M
Non Current Assets Total	973.4M	623.7M	480.4M	280.6M	322.7M	306.6M
Non Currrent Assets Other	(973.4M)	(623.7M)	(7.1M)	35.2M	31.7M	33.3M
Cash And Short Term Investments	574.8M	400.7M	891.2M	189.5M	217.9M	207.0M
Other Current Assets	58.4M	1.1B	45.6M	20.7M	23.8M	22.6M
Property Plant And Equipment Gross	973.4M	528.7M	556.7M	6.8M	7.8M	7.4M
Total Current Assets	661.9M	1.6B	1.0B	387M	445.1M	804.3M
Short Long Term Debt Total	240M	180.7M	162.9M	119.2M	137.1M	134.1M
Current Deferred Revenue	(43.2M)	(13.3M)	(27.3M)	(123.1M)	(110.8M)	(116.3M)
Short Term Debt	43.2M	13.3M	27.3M	16.4M	18.9M	21.6M
Net Receivables	16.4M	63.3M	96.9M	168.5M	151.7M	84.8M
Inventory	12.3M	10.8M	8.1M	8.3M	9.5M	7.9M
Short Term Investments	5.1M	5.2M	86.6M	134.4M	154.6M	162.3M
Accumulated Other Comprehensive Income	(106.8M)	(50.7M)	(60.6M)	(46.1M)	(53.0M)	(55.7M)
Other Liab	216.4M	159.9M	170.1M	94M	108.1M	79.2M
Property Plant Equipment	1.4B	861.3M	379.6M	261M	300.2M	285.1M
Intangible Assets	112.1M	100.5M	97.8M	3.1M	2.8M	2.7M
Net Tangible Assets	1.2B	1.0B	1.7B	1.1B	982.3M	1.2B

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Other Information on Investing in Capricorn Stock

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

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Capricorn Income Before Tax vs Ebit Analysis

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebit

Capricorn Energy fundamental ratios Correlations

Capricorn Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Capricorn Energy fundamental ratios Accounts

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Other Information on Investing in Capricorn Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Cash And Short Term Investments
Total Current Assets	+ 0.96	Cash

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.96	Net Debt
Retained Earnings	- 0.95	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Net Debt	- 0.87	Total Assets