Almacenes Income Before Tax vs Ebitda Analysis
EXTO Stock | 3.82 0.02 0.53% |
Almacenes Xito financial indicator trend analysis is way more than just evaluating Almacenes xito SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Almacenes xito SA is a good investment. Please check the relationship between Almacenes Xito Income Before Tax and its Ebitda accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Income Before Tax vs Ebitda
Income Before Tax vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Almacenes xito SA Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Almacenes Xito's Income Before Tax and Ebitda is 0.48. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Almacenes xito SA, assuming nothing else is changed. The correlation between historical values of Almacenes Xito's Income Before Tax and Ebitda 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 Almacenes xito SA are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Almacenes Xito's Income Before Tax and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Almacenes Xito income statement and is an important metric when analyzing Almacenes xito SA 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.Ebitda
Most indicators from Almacenes Xito's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Almacenes xito SA 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 Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Almacenes Xito's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.15, while Tax Provision is likely to drop about 43.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4T | 5.2T | 4.9T | 5.2T | Total Revenue | 16.9T | 20.6T | 21.1T | 21.1T |
Almacenes Xito fundamental ratios Correlations
Click cells to compare fundamentals
Almacenes Xito Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Almacenes Xito fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.9T | 15.6T | 16.9T | 18.2T | 16.3T | 23.3T | |
Short Long Term Debt Total | 1.5T | 2.6T | 2.5T | 2.2T | 2.8T | 3.2T | |
Other Current Liab | 118.2B | 1.1T | 878.0B | 421.3B | 461.2B | 240.8B | |
Total Current Liabilities | 5.9T | 6.4T | 6.5T | 7.4T | 7.1T | 10.1T | |
Total Stockholder Equity | 7.2T | 6.2T | 6.9T | 5.6T | 6.1T | 6.6T | |
Property Plant And Equipment Net | 5.1T | 5.0T | 5.4T | 5.9T | 5.4T | 5.9T | |
Current Deferred Revenue | 903.0B | 134.2B | 945.2B | 171.1B | 123.0B | 116.9B | |
Net Debt | (1.0T) | 171.8B | (39.8B) | 463.4B | 1.3T | 1.4T | |
Accounts Payable | 4.7T | 3.9T | 5.2T | 5.7T | 5.2T | 4.9T | |
Cash | 2.6T | 2.4T | 2.5T | 1.7T | 1.5T | 2.7T | |
Non Current Assets Total | 10.5T | 10.4T | 11.1T | 12.2T | 11.1T | 12.9T | |
Non Currrent Assets Other | 1.7T | 1.6T | 1.8T | 1.9T | 57.7B | 54.8B | |
Cash And Short Term Investments | 2.6T | 2.4T | 2.5T | 1.7T | 1.5T | 3.0T | |
Net Receivables | 768.8B | 375.0B | 682.1B | 826.5B | 1.2T | 2.3T | |
Short Term Investments | 43.2B | 4.0B | 583M | 5.7B | 2.5B | 2.3B | |
Liabilities And Stockholders Equity | 15.9T | 15.6T | 16.9T | 18.2T | 16.3T | 23.3T | |
Non Current Liabilities Total | 1.5T | 1.8T | 2.4T | 2.3T | 1.8T | 1.7T | |
Inventory | 1.9T | 1.9T | 2.1T | 2.8T | 2.4T | 2.7T | |
Other Current Assets | 81.3B | 554.8B | 491.0B | 571.5B | 125.4B | 119.1B | |
Total Liab | 7.4T | 8.2T | 8.9T | 9.7T | 8.9T | 13.7T | |
Total Current Assets | 5.4T | 5.3T | 5.8T | 5.9T | 5.3T | 10.4T | |
Short Term Debt | 222.2B | 1.3T | 399.2B | 1.2T | 1.3T | 1.0T | |
Retained Earnings | 618.0B | 643.3B | 888.6B | (966.9B) | 534.3B | 567.5B | |
Good Will | 2.9T | 2.9T | 3.0T | 3.5T | 3.1T | 4.1T | |
Accumulated Other Comprehensive Income | 1.1T | (92.9B) | 1.1T | 1.5T | 1.0T | 913.8B | |
Intangible Assets | 304.2B | 307.8B | 364.0B | 424.7B | 366.4B | 348.1B |
Pair Trading with Almacenes Xito
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Almacenes Xito position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Almacenes Xito will appreciate offsetting losses from the drop in the long position's value.Moving together with Almacenes Stock
0.63 | YI | 111 Inc Earnings Call This Week | PairCorr |
Moving against Almacenes Stock
0.68 | NGVC | Natural Grocers by Trending | PairCorr |
0.57 | WMK | Weis Markets | PairCorr |
0.49 | WMT | Walmart Aggressive Push | PairCorr |
0.48 | IMKTA | Ingles Markets Earnings Call This Week | PairCorr |
0.47 | WBUY | WEBUY GLOBAL LTD | PairCorr |
The ability to find closely correlated positions to Almacenes Xito could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almacenes Xito when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Almacenes Xito - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Almacenes xito SA to buy it.
The correlation of Almacenes Xito is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Almacenes Xito moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almacenes xito SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Almacenes Xito can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Almacenes xito SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Consumer Staples Distribution & Retail 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 Almacenes Xito. If investors know Almacenes 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 Almacenes Xito listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.04 | Revenue Per Share 128.8 K | Quarterly Revenue Growth (0.01) | Return On Assets 0.0267 | Return On Equity 0.0263 |
The market value of Almacenes xito SA is measured differently than its book value, which is the value of Almacenes that is recorded on the company's balance sheet. Investors also form their own opinion of Almacenes Xito's value that differs from its market value or its book value, called intrinsic value, which is Almacenes Xito'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 Almacenes Xito's market value can be influenced by many factors that don't directly affect Almacenes Xito'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 Almacenes Xito's value and its price as these two are different measures arrived at by different means. Investors typically determine if Almacenes Xito is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Almacenes Xito'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.