CSGS Stock | | | USD 55.37 0.17 0.31% |
CSG Systems financial indicator trend analysis is way more than just evaluating CSG Systems International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSG Systems International is a good investment. Please check the relationship between CSG Systems Ebit and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Ebit vs Income Before Tax
Ebit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSG Systems International Ebit account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CSG Systems' Ebit and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of CSG Systems International, assuming nothing else is changed. The correlation between historical values of CSG Systems' Ebit 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 Ebit of CSG Systems International 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 Ebit i.e., CSG Systems' Ebit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on CSG Systems income statement and is an important metric when analyzing CSG Systems International 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 CSG Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSG Systems International 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 CSG Systems International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, CSG Systems'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 11.92 in 2024, whereas
Tax Provision is likely to drop slightly above 21.6
M in 2024.
CSG Systems fundamental ratios Correlations
Click cells to compare fundamentals
CSG Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSG Systems fundamental ratios Accounts
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Additional Tools for CSG Stock Analysis
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measure CSG Systems' 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 CSG Systems is operating at the current time. Most of CSG Systems' value examination focuses on studying past and present price action to
predict the probability of CSG Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSG Systems' price. Additionally, you may evaluate how the addition of CSG Systems to your portfolios can decrease your overall portfolio volatility.