Everest Income Before Tax vs Gross Profit Analysis

EMC Stock

0.14 0.01 6.67%

Everest Metals financial indicator trend analysis is much more than just examining Everest Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Everest Metals is a good investment. Please check the relationship between Everest Metals Income Before Tax and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Everest Metals Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.

The correlation between Everest Metals' Income Before Tax and Gross Profit is 0.39. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Everest Metals, assuming nothing else is changed. The correlation between historical values of Everest Metals' Income Before Tax and Gross Profit 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 Metals are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Everest Metals' Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Everest Metals minus its cost of goods sold. It is profit before Everest Metals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

Selling General Administrative is likely to drop to about 627.7 K in 2025. Issuance Of Capital Stock is likely to drop to 956.75 in 2025

	2024	2025 (projected)
Interest Expense	2.6K	2.1K
Depreciation And Amortization	31.9K	16.6K

Interest Expense Depreciation And Amortization

Everest Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Short Term Investments	Net Invested Capital	Capital Stock	Cash And Equivalents	Net Working Capital
Total Assets		0.08	0.99	0.9	-0.3	0.15	-0.06	0.33	0.96	0.32	0.47	-0.02	0.08	0.35	0.6	0.48	0.1	-0.02	0.35	0.15	0.09	0.19	0.01	0.02	0.02	-0.02
Total Current Liabilities	0.08		-0.01	0.02	-0.41	-0.67	0.94	0.2	0.02	0.2	0.12	0.91	1.0	0.22	0.54	-0.53	1.0	-0.22	0.24	0.33	0.03	-0.42	0.66	0.72	0.57	0.36
Total Stockholder Equity	0.99	-0.01		0.9	-0.27	0.23	-0.15	0.3	0.96	0.29	0.46	-0.1	-0.02	0.32	0.52	0.53	0.01	0.0	0.33	0.11	0.09	0.23	-0.05	-0.05	-0.03	-0.04
Property Plant And Equipment Net	0.9	0.02	0.9		-0.01	0.23	-0.12	0.02	0.95	0.01	0.32	-0.17	0.02	0.02	0.47	0.51	0.04	-0.08	0.48	-0.22	-0.25	0.32	-0.17	-0.17	-0.18	-0.14
Net Debt	-0.3	-0.41	-0.27	-0.01		0.0	-0.36	-0.96	-0.03	-0.96	-0.29	-0.43	-0.4	-0.95	-0.19	0.01	-0.42	-0.25	-0.41	-0.25	-0.7	0.2	-0.46	-0.45	-0.46	-0.4
Retained Earnings	0.15	-0.67	0.23	0.23	0.0		-0.72	0.12	0.14	0.12	-0.11	-0.85	-0.67	0.08	-0.64	0.83	-0.65	0.56	0.07	-0.5	0.27	0.77	-0.81	-0.83	-0.74	-0.56
Accounts Payable	-0.06	0.94	-0.15	-0.12	-0.36	-0.72		0.16	-0.12	0.16	0.14	0.9	0.94	0.18	0.48	-0.63	0.92	-0.24	0.24	0.32	-0.02	-0.56	0.65	0.7	0.57	0.37
Cash	0.33	0.2	0.3	0.02	-0.96	0.12	0.16		0.04	1.0	0.31	0.25	0.2	1.0	0.15	0.11	0.22	0.33	0.36	0.24	0.74	-0.12	0.34	0.33	0.37	0.31
Non Current Assets Total	0.96	0.02	0.96	0.95	-0.03	0.14	-0.12	0.04		0.03	0.39	-0.11	0.01	0.06	0.58	0.48	0.03	-0.12	0.27	0.07	-0.13	0.24	-0.1	-0.08	-0.1	-0.12
Cash And Short Term Investments	0.32	0.2	0.29	0.01	-0.96	0.12	0.16	1.0	0.03		0.3	0.25	0.2	1.0	0.14	0.1	0.22	0.33	0.35	0.24	0.75	-0.12	0.34	0.32	0.37	0.31
Net Receivables	0.47	0.12	0.46	0.32	-0.29	-0.11	0.14	0.31	0.39	0.3		0.11	0.13	0.38	0.41	0.05	0.11	0.09	0.18	0.31	-0.09	-0.06	0.13	0.13	0.14	0.09
Common Stock Shares Outstanding	-0.02	0.91	-0.1	-0.17	-0.43	-0.85	0.9	0.25	-0.11	0.25	0.11		0.91	0.27	0.6	-0.72	0.9	-0.36	0.15	0.5	0.09	-0.7	0.86	0.9	0.76	0.56
Total Liab	0.08	1.0	-0.02	0.02	-0.4	-0.67	0.94	0.2	0.01	0.2	0.13	0.91		0.21	0.54	-0.51	1.0	-0.19	0.23	0.33	0.02	-0.41	0.65	0.71	0.56	0.35
Total Current Assets	0.35	0.22	0.32	0.02	-0.95	0.08	0.18	1.0	0.06	1.0	0.38	0.27	0.21		0.19	0.09	0.23	0.32	0.32	0.3	0.73	-0.13	0.36	0.35	0.39	0.32
Common Stock	0.6	0.54	0.52	0.47	-0.19	-0.64	0.48	0.15	0.58	0.14	0.41	0.6	0.54	0.19		-0.29	0.54	-0.45	0.18	0.51	-0.15	-0.44	0.65	0.69	0.59	0.38
Short Long Term Debt Total	0.48	-0.53	0.53	0.51	0.01	0.83	-0.63	0.11	0.48	0.1	0.05	-0.72	-0.51	0.09	-0.29		-0.5	0.68	0.03	-0.29	0.21	0.78	-0.65	-0.66	-0.6	-0.49
Other Current Liab	0.1	1.0	0.01	0.04	-0.42	-0.65	0.92	0.22	0.03	0.22	0.11	0.9	1.0	0.23	0.54	-0.5		-0.2	0.24	0.32	0.05	-0.39	0.65	0.71	0.56	0.35
Non Current Liabilities Total	-0.02	-0.22	0.0	-0.08	-0.25	0.56	-0.24	0.33	-0.12	0.33	0.09	-0.36	-0.19	0.32	-0.45	0.68	-0.2		-0.03	-0.13	0.4	0.51	-0.37	-0.36	-0.34	-0.31
Inventory	0.35	0.24	0.33	0.48	-0.41	0.07	0.24	0.36	0.27	0.35	0.18	0.15	0.23	0.32	0.18	0.03	0.24	-0.03		-0.54	-0.13	-0.2	0.11	0.09	0.08	0.19
Other Current Assets	0.15	0.33	0.11	-0.22	-0.25	-0.5	0.32	0.24	0.07	0.24	0.31	0.5	0.33	0.3	0.51	-0.29	0.32	-0.13	-0.54		0.42	-0.38	0.48	0.53	0.46	0.18
Short Term Debt	0.09	0.03	0.09	-0.25	-0.7	0.27	-0.02	0.74	-0.13	0.75	-0.09	0.09	0.02	0.73	-0.15	0.21	0.05	0.4	-0.13	0.42		0.02	0.08	0.1	0.08	-0.03
Short Term Investments	0.19	-0.42	0.23	0.32	0.2	0.77	-0.56	-0.12	0.24	-0.12	-0.06	-0.7	-0.41	-0.13	-0.44	0.78	-0.39	0.51	-0.2	-0.38	0.02		-0.73	-0.72	-0.67	-0.59
Net Invested Capital	0.01	0.66	-0.05	-0.17	-0.46	-0.81	0.65	0.34	-0.1	0.34	0.13	0.86	0.65	0.36	0.65	-0.65	0.65	-0.37	0.11	0.48	0.08	-0.73		0.98	0.95	0.83
Capital Stock	0.02	0.72	-0.05	-0.17	-0.45	-0.83	0.7	0.33	-0.08	0.32	0.13	0.9	0.71	0.35	0.69	-0.66	0.71	-0.36	0.09	0.53	0.1	-0.72	0.98		0.89	0.72
Cash And Equivalents	0.02	0.57	-0.03	-0.18	-0.46	-0.74	0.57	0.37	-0.1	0.37	0.14	0.76	0.56	0.39	0.59	-0.6	0.56	-0.34	0.08	0.46	0.08	-0.67	0.95	0.89		0.92
Net Working Capital	-0.02	0.36	-0.04	-0.14	-0.4	-0.56	0.37	0.31	-0.12	0.31	0.09	0.56	0.35	0.32	0.38	-0.49	0.35	-0.31	0.19	0.18	-0.03	-0.59	0.83	0.72	0.92

Click cells to compare fundamentals

Everest Metals Account Relationship Matchups

Everest Metals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.4M	7.6M	9.7M	10.8M	9.7M	7.9M
Total Current Liabilities	110.2K	173.3K	527.1K	2.3M	2.7M	2.8M
Total Stockholder Equity	8.3M	7.4M	9.2M	8.5M	7.6M	7.6M
Property Plant And Equipment Net	5.2M	6.0M	17.4K	7.5M	6.8M	5.5M
Net Debt	(3.1M)	(1.5M)	(2.1M)	(3.1M)	(3.5M)	(3.7M)
Retained Earnings	(18.0M)	(18.9M)	(21.3M)	(24.7M)	(22.2M)	(21.1M)
Accounts Payable	62.4K	52.9K	106.2K	318.3K	366.1K	384.4K
Cash	3.1M	1.5M	2.1M	3.1M	2.8M	1.9M
Non Current Assets Total	5.2M	6.0M	7.1M	7.5M	6.8M	5.9M
Cash And Short Term Investments	3.1M	1.5M	2.2M	3.1M	2.8M	1.9M
Net Receivables	111.1K	64.5K	150.8K	125.5K	113.0K	93.4K
Common Stock Shares Outstanding	56.6M	76.0M	97.8M	152.2M	175.1M	183.8M
Liabilities And Stockholders Equity	8.4M	7.6M	9.7M	10.8M	9.7M	7.9M
Total Liab	110.2K	173.3K	535.2K	2.3M	2.7M	2.8M
Total Current Assets	3.2M	1.6M	2.6M	3.3M	3.0M	2.0M
Common Stock	25.2M	25.2M	29.3M	31.9M	36.6M	21.6M
Other Current Liab	47.8K	120.5K	393.7K	2.0M	2.3M	2.4M
Non Current Liabilities Total	469.0	2.2K	0.0	8.1K	7.3K	6.9K
Other Current Assets	15.1K	13.4K	336.2K	103.8K	119.4K	60.2K
Short Term Investments	20.2K	20.3K	25.5K	36.1K	32.5K	33.2K

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