Derwent Reconciled Depreciation vs Income Before Tax Analysis

DLN Stock   2,122  8.00  0.38%   
Derwent London financial indicator trend analysis is much more than just examining Derwent London PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Derwent London PLC is a good investment. Please check the relationship between Derwent London Reconciled Depreciation and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Derwent London 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.

Reconciled Depreciation vs Income Before Tax

Reconciled Depreciation vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Derwent London PLC Reconciled Depreciation account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Derwent London's Reconciled Depreciation and Income Before Tax is -0.65. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Derwent London PLC, assuming nothing else is changed. The correlation between historical values of Derwent London's Reconciled Depreciation 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 Reconciled Depreciation of Derwent London PLC 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 Reconciled Depreciation i.e., Derwent London's Reconciled Depreciation and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Reconciled Depreciation

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Derwent London income statement and is an important metric when analyzing Derwent London 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.
Most indicators from Derwent London's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Derwent London 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Derwent London 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.
The current year's Tax Provision is expected to grow to about 650 K, whereas Selling General Administrative is forecasted to decline to about 26.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue240.3M249M267.8M281.2M
Interest Expense40.1M46.7M36.8M26.2M

Derwent London fundamental ratios Correlations

0.810.070.60.990.180.790.91-0.250.651.00.070.650.770.750.760.24-0.170.81-0.280.65-0.270.780.47-0.17-0.56
0.810.360.760.71-0.151.00.6-0.020.60.820.360.60.680.670.980.26-0.281.0-0.080.62-0.030.70.730.11-0.23
0.070.360.66-0.020.280.39-0.23-0.1-0.050.11-0.26-0.050.130.190.30.020.140.36-0.03-0.30.080.140.320.270.35
0.60.760.660.520.080.760.38-0.170.410.620.060.410.40.390.630.09-0.130.75-0.130.28-0.220.420.720.29-0.19
0.990.71-0.020.520.250.690.94-0.310.630.98-0.010.630.730.710.650.22-0.150.7-0.330.62-0.330.740.38-0.22-0.63
0.18-0.150.280.080.25-0.130.05-0.3-0.30.22-0.93-0.30.260.34-0.21-0.080.56-0.15-0.22-0.470.00.26-0.33-0.39-0.05
0.791.00.390.760.69-0.130.560.00.530.80.340.530.680.680.980.25-0.241.0-0.060.580.010.710.710.09-0.18
0.910.6-0.230.380.940.050.56-0.310.690.890.150.690.580.550.550.26-0.40.59-0.370.73-0.410.590.29-0.24-0.72
-0.25-0.02-0.1-0.17-0.31-0.30.0-0.31-0.21-0.270.25-0.210.070.080.06-0.010.150.00.950.16-0.050.06-0.06-0.230.47
0.650.6-0.050.410.63-0.30.530.69-0.210.620.381.00.310.230.580.25-0.50.58-0.260.75-0.350.320.60.23-0.61
1.00.820.110.620.980.220.80.89-0.270.620.040.620.770.750.770.22-0.130.81-0.290.61-0.250.790.48-0.15-0.55
0.070.36-0.260.06-0.01-0.930.340.150.250.380.040.38-0.05-0.140.410.04-0.510.360.150.6-0.05-0.040.50.4-0.08
0.650.6-0.050.410.63-0.30.530.69-0.211.00.620.380.310.230.580.25-0.50.58-0.260.75-0.350.320.60.23-0.61
0.770.680.130.40.730.260.680.580.070.310.77-0.050.310.970.680.220.080.690.020.450.061.00.25-0.43-0.1
0.750.670.190.390.710.340.680.550.080.230.75-0.140.230.970.670.220.090.680.020.390.150.970.18-0.530.01
0.760.980.30.630.65-0.210.980.550.060.580.770.410.580.680.670.27-0.260.98-0.020.620.050.70.680.08-0.17
0.240.260.020.090.22-0.080.250.26-0.010.250.220.040.250.220.220.27-0.410.26-0.010.33-0.010.22-0.18-0.2-0.1
-0.17-0.280.14-0.13-0.150.56-0.24-0.40.15-0.5-0.13-0.51-0.50.080.09-0.26-0.41-0.260.28-0.540.140.08-0.15-0.110.26
0.811.00.360.750.7-0.151.00.590.00.580.810.360.580.690.680.980.26-0.26-0.060.61-0.020.710.720.1-0.21
-0.28-0.08-0.03-0.13-0.33-0.22-0.06-0.370.95-0.26-0.290.15-0.260.020.02-0.02-0.010.28-0.060.12-0.150.02-0.08-0.130.44
0.650.62-0.30.280.62-0.470.580.730.160.750.610.60.750.450.390.620.33-0.540.610.12-0.310.460.44-0.04-0.42
-0.27-0.030.08-0.22-0.330.00.01-0.41-0.05-0.35-0.25-0.05-0.350.060.150.05-0.010.14-0.02-0.15-0.310.06-0.1-0.20.64
0.780.70.140.420.740.260.710.590.060.320.79-0.040.321.00.970.70.220.080.710.020.460.060.28-0.41-0.11
0.470.730.320.720.38-0.330.710.29-0.060.60.480.50.60.250.180.68-0.18-0.150.72-0.080.44-0.10.280.61-0.28
-0.170.110.270.29-0.22-0.390.09-0.24-0.230.23-0.150.40.23-0.43-0.530.08-0.2-0.110.1-0.13-0.04-0.2-0.410.61-0.26
-0.56-0.230.35-0.19-0.63-0.05-0.18-0.720.47-0.61-0.55-0.08-0.61-0.10.01-0.17-0.10.26-0.210.44-0.420.64-0.11-0.28-0.26
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Derwent London Account Relationship Matchups

Derwent London fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B5.5B5.9B5.5B5.0B5.3B
Short Long Term Debt Total1.0B1.1B1.3B1.3B1.4B1.4B
Other Current Liab(44.8M)(4.5M)75.5M38M144.1M151.3M
Total Current Liabilities113.7M107.8M210.6M169.2M251.4M264.0M
Total Stockholder Equity4.4B4.3B4.4B4.1B3.5B3.7B
Net Debt981.6M1.0B1.2B1.2B1.3B1.4B
Retained Earnings4.2B4.0B4.2B3.8B2.4B2.5B
Accounts Payable7.2M2.5M3.2M22.8M700K665K
Cash54.5M50.7M105.5M76.6M73M76.7M
Non Current Assets Total5.2B5.1B5.5B5.1B4.8B5.1B
Non Currrent Assets Other5.2B5.0B294.3M5.0B4.8B5.0B
Cash And Short Term Investments54.5M50.7M105.5M76.6M73M76.7M
Common Stock Shares Outstanding112.0M111.9M112.4M112.3M112.3M73.3M
Liabilities And Stockholders Equity5.6B5.5B5.9B5.5B5.0B5.3B
Non Current Liabilities Total980.3M1.0B1.2B1.2B1.3B1.3B
Other Current Assets(107.5M)213.7M142.2M85.9M30.7M29.2M
Other Stockholder Equity193.0M(716.8M)(715.1M)(713.9M)196.6M372.9M
Total Liab1.2B1.2B1.5B1.4B1.5B1.6B
Total Current Assets272.4M304.8M281.9M214.9M185M194.3M
Short Term Debt106.5M105.3M63.9M20.2M103.3M64.1M
Inventory40.7M12.9M32.6M41.7M68.9M72.3M
Accumulated Other Comprehensive Income25.7M28.9M30.6M31.4M939.3M986.3M
Long Term Debt976.6M1.0B1.2B1.2B1.2B809.2M
Other Assets134.9M146.4M161.4M194.3M5.0B5.3B
Property Plant Equipment5.2B5.1B5.4B54.3M62.4M59.3M
Current Deferred Revenue44.8M47M59.5M75.5M77.8M81.7M
Net Tangible Assets4.4B4.3B4.4B4.1B4.7B4.3B
Net Receivables10.7M12.3M27.5M10.6M12.4M11.5M
Capital Surpluse189.2M189.6M193M193.7M222.8M209.9M
Capital Lease Obligations59.5M66.6M70.6M35M34.6M50.2M
Net Invested Capital5.4B5.3B5.7B5.3B4.8B5.7B
Net Working Capital158.5M197M(30.2M)(8.5M)(66.4M)(63.1M)

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Other Information on Investing in Derwent Stock

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