Everest Income Before Tax vs Depreciation And Amortization Analysis
EG Stock | 385.15 8.28 2.20% |
Everest financial indicator trend analysis is much more than just examining Everest Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everest Group is a good investment. Please check the relationship between Everest Income Before Tax and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Group. 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.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everest Group Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Everest's Income Before Tax and Depreciation And Amortization is -0.58. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Everest Group, assuming nothing else is changed. The correlation between historical values of Everest's Income Before Tax and Depreciation And Amortization 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 Everest Group are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Everest's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Everest income statement and is an important metric when analyzing Everest Group 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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Everest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Everest Group 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 Everest Group. 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, Everest's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 11.3B | 12.0B | 14.6B | 15.3B | Interest Expense | 70.1M | 101M | 134M | 140.7M |
Everest fundamental ratios Correlations
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Everest Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Everest fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 40.4M | 39.7M | 39.3M | 39M | 41.3M | 39.9M | |
Total Assets | 27.3B | 32.8B | 38.2B | 40.0B | 46.4B | 48.7B | |
Total Stockholder Equity | 9.1B | 9.7B | 10.1B | 8.4B | 13.2B | 13.9B | |
Retained Earnings | 10.3B | 10.6B | 11.7B | 12.0B | 14.3B | 15.0B | |
Net Receivables | 4.3B | 4.7B | 5.3B | 6.3B | 7.9B | 8.3B | |
Liabilities And Stockholders Equity | 27.3B | 32.8B | 38.2B | 40.0B | 46.4B | 48.7B | |
Other Stockholder Equity | (1.2B) | (1.4B) | (1.6B) | (1.6B) | (135M) | (128.3M) | |
Total Current Assets | 22.4B | 26.7B | 30.3B | 31.0B | 10.8B | 11.3B | |
Short Long Term Debt Total | 1.0B | 2.0B | 5.4B | 4.9B | 3.5B | 3.7B | |
Other Current Liab | (688.7M) | (691.5M) | (2.8B) | (2.9B) | 20.2B | 21.2B | |
Total Current Liabilities | 688.7M | 691.5M | 2.8B | 2.9B | 23.2B | 24.3B | |
Net Debt | (174.2M) | 1.1B | 1.6B | 1.7B | 2.1B | 2.2B | |
Accounts Payable | 291.7M | 294.3M | 449.7M | 567M | 650M | 682.5M | |
Cash | 808.0M | 801.7M | 1.4B | 1.4B | 1.4B | 1.5B | |
Non Current Assets Total | 18.2B | 22.6B | 25.3B | 24.4B | 35.6B | 18.0B | |
Non Currrent Assets Other | (161.4M) | (149.1M) | (138.9M) | (128M) | 29.5B | 30.9B | |
Other Assets | (13.2B) | (16.5B) | (17.4B) | (15.4B) | (1.2B) | (1.3B) | |
Cash And Short Term Investments | 18.1B | 22.0B | 24.9B | 24.7B | 1.4B | 1.4B | |
Short Term Investments | 17.2B | 21.2B | 23.5B | 23.3B | 3.4B | 3.2B | |
Non Current Liabilities Total | 236.8M | 1.5B | 742.8M | 737M | 7.7B | 8.1B | |
Total Liab | 18.2B | 23.1B | 28.0B | 31.5B | 33.2B | 34.9B | |
Short Term Debt | 397.1M | 397.2M | 2.3B | 2.3B | 2.3B | 2.5B | |
Common Stock | 694K | 696K | 698K | 1M | 1.2M | 727.8K | |
Other Liab | 10.4B | 17.3B | 19.9B | 20.1B | 23.1B | 24.3B | |
Long Term Debt | 650.1M | 1.6B | 742.8M | 2.6B | 1.0B | 782.9M | |
Accumulated Other Comprehensive Income | 28.2M | 534.9M | 11.5M | (2.0B) | (934M) | (887.3M) | |
Treasury Stock | (3.4B) | (3.6B) | (3.8B) | (3.9B) | (3.5B) | (3.3B) | |
Common Stock Total Equity | 692K | 694K | 696K | 698K | 900K | 705.9K | |
Inventory | (5.4B) | (6.2B) | (7.5B) | (8.0B) | (39.2B) | (37.2B) | |
Other Current Assets | 5.4B | 6.2B | 7.5B | 8.0B | 713M | 1.1B | |
Intangible Assets | 581.9M | 622.1M | 872M | 962M | 1.2B | 1.3B | |
Net Tangible Assets | 9.1B | 9.7B | 10.1B | 8.4B | 9.7B | 8.8B | |
Retained Earnings Total Equity | 10.3B | 10.6B | 11.7B | 12.0B | 13.8B | 9.5B | |
Long Term Debt Total | 650.1M | 1.6B | 3.1B | 2.6B | 3.0B | 3.1B | |
Capital Surpluse | 2.2B | 2.2B | 2.3B | 2.3B | 2.6B | 2.3B | |
Long Term Investments | 1.9B | 2.2B | 25.3B | 26.5B | 30.9B | 32.5B | |
Non Current Liabilities Other | 17.5B | 21.4B | 25.4B | 28.9B | 33.3B | 34.9B | |
Short Long Term Debt | 397.1M | 397.2M | 2.3B | 2.3B | 2.3B | 2.5B |
Currently Active Assets on Macroaxis
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Group. 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. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Everest. If investors know Everest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Everest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 7.5 | Earnings Share 64.11 | Revenue Per Share 384.03 | Quarterly Revenue Growth 0.128 |
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Everest's market value can be influenced by many factors that don't directly affect Everest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.