Flagship Operating Income vs Income Before Tax Analysis

FSI Stock

2.11 0.10 4.52%

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

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flagship Investments Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Flagship Investments' Operating Income and Income Before Tax is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Flagship Investments, assuming nothing else is changed. The correlation between historical values of Flagship Investments' Operating Income 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 Operating Income of Flagship Investments 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 Operating Income i.e., Flagship Investments' Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Flagship Investments operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Flagship Investments is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Flagship Investments income statement and is an important metric when analyzing Flagship Investments 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 Flagship Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flagship Investments 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 Flagship Investments. 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 gain to about 4.5 M in 2025, despite the fact that Tax Provision is likely to grow to (885.8 K).

	2024	2025 (projected)
Non Recurring	1.4K	1.2K
Research Development	89.0K	93.5K

Non Recurring Research Development

Flagship Investments fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Receivables	Short Term Investments	Short Term Debt	Non Current Liabilities Total	Other Stockholder Equity	Inventory	Other Current Assets	Net Tangible Assets
Total Assets		-0.68	0.55	0.97	0.22	0.53	0.33	-0.14	0.34	-0.38	0.56	0.44	0.33	0.33	0.83	-0.52	0.86	0.19	-0.69	0.16	-0.58	0.3	-0.56	-0.67	-0.64	0.6
Other Current Liab	-0.68		-0.72	-0.61	-0.17	-0.18	-0.76	-0.04	-0.43	0.47	-0.56	-0.35	-0.12	-0.11	-0.69	0.15	-0.32	-0.61	0.26	-0.11	0.28	-0.3	0.52	0.22	0.7	-0.29
Total Current Liabilities	0.55	-0.72		0.49	0.19	-0.02	0.89	0.22	0.58	-0.59	0.26	0.28	0.6	0.59	0.55	0.14	0.19	0.53	0.06	-0.17	0.04	0.35	-0.24	0.09	-0.4	-0.09
Total Stockholder Equity	0.97	-0.61	0.49		0.07	0.57	0.27	-0.17	0.25	-0.25	0.64	0.44	0.34	0.34	0.68	-0.57	0.92	0.26	-0.75	0.17	-0.65	0.17	-0.52	-0.73	-0.59	0.71
Net Debt	0.22	-0.17	0.19	0.07		0.25	0.18	0.42	0.79	-0.69	-0.19	0.03	0.14	0.19	0.57	0.31	-0.05	-0.38	0.08	-0.63	0.01	0.97	-0.19	0.22	-0.23	-0.21
Retained Earnings	0.53	-0.18	-0.02	0.57	0.25		-0.09	0.31	0.25	-0.07	0.53	0.52	0.01	0.05	0.33	-0.18	0.59	-0.05	-0.57	-0.08	-0.84	0.31	-0.4	-0.44	-0.32	0.67
Accounts Payable	0.33	-0.76	0.89	0.27	0.18	-0.09		0.36	0.57	-0.66	0.23	0.26	0.41	0.41	0.42	0.33	-0.07	0.7	0.23	-0.21	0.04	0.34	-0.21	0.27	-0.27	-0.14
Cash	-0.14	-0.04	0.22	-0.17	0.42	0.31	0.36		0.65	-0.49	0.13	0.59	0.34	0.37	0.0	0.84	-0.36	0.14	0.44	-0.72	-0.05	0.55	-0.05	0.63	0.0	-0.25
Non Current Assets Total	0.34	-0.43	0.58	0.25	0.79	0.25	0.57	0.65		-0.81	0.11	0.3	0.51	0.56	0.51	0.51	-0.03	0.15	0.22	-0.8	-0.04	0.9	-0.26	0.37	-0.31	-0.17
Non Currrent Assets Other	-0.38	0.47	-0.59	-0.25	-0.69	-0.07	-0.66	-0.49	-0.81		0.01	-0.31	-0.48	-0.51	-0.62	-0.38	-0.01	-0.14	-0.17	0.54	-0.05	-0.75	0.09	-0.27	0.15	0.2
Other Assets	0.56	-0.56	0.26	0.64	-0.19	0.53	0.23	0.13	0.11	0.01		0.67	0.18	0.17	0.26	-0.23	0.53	0.49	-0.43	0.13	-0.61	-0.04	-0.61	-0.42	-0.59	0.7
Cash And Short Term Investments	0.44	-0.35	0.28	0.44	0.03	0.52	0.26	0.59	0.3	-0.31	0.67		0.39	0.39	0.33	0.19	0.31	0.24	-0.2	-0.1	-0.44	0.19	-0.38	-0.07	-0.37	0.34
Common Stock Total Equity	0.33	-0.12	0.6	0.34	0.14	0.01	0.41	0.34	0.51	-0.48	0.18	0.39		1.0	0.23	0.3	0.17	0.18	0.24	-0.41	0.01	0.25	-0.15	0.22	-0.09	-0.11
Common Stock Shares Outstanding	0.33	-0.11	0.59	0.34	0.19	0.05	0.41	0.37	0.56	-0.51	0.17	0.39	1.0		0.25	0.33	0.18	0.17	0.24	-0.48	0.0	0.3	-0.15	0.23	-0.1	-0.11
Total Liab	0.83	-0.69	0.55	0.68	0.57	0.33	0.42	0.0	0.51	-0.62	0.26	0.33	0.23	0.25		-0.24	0.5	-0.02	-0.39	0.03	-0.28	0.57	-0.53	-0.34	-0.63	0.21
Total Current Assets	-0.52	0.15	0.14	-0.57	0.31	-0.18	0.33	0.84	0.51	-0.38	-0.23	0.19	0.3	0.33	-0.24		-0.76	0.1	0.85	-0.71	0.4	0.38	0.18	0.95	0.24	-0.65
Common Stock	0.86	-0.32	0.19	0.92	-0.05	0.59	-0.07	-0.36	-0.03	-0.01	0.53	0.31	0.17	0.18	0.5	-0.76		0.03	-0.89	0.31	-0.69	-0.01	-0.39	-0.89	-0.43	0.79
Other Liab	0.19	-0.61	0.53	0.26	-0.38	-0.05	0.7	0.14	0.15	-0.14	0.49	0.24	0.18	0.17	-0.02	0.1	0.03		0.07	0.03	-0.19	-0.18	-0.29	0.05	-0.21	0.25
Net Receivables	-0.69	0.26	0.06	-0.75	0.08	-0.57	0.23	0.44	0.22	-0.17	-0.43	-0.2	0.24	0.24	-0.39	0.85	-0.89	0.07		-0.47	0.68	0.08	0.3	0.95	0.35	-0.81
Short Term Investments	0.16	-0.11	-0.17	0.17	-0.63	-0.08	-0.21	-0.72	-0.8	0.54	0.13	-0.1	-0.41	-0.48	0.03	-0.71	0.31	0.03	-0.47		-0.16	-0.72	-0.09	-0.6	-0.05	0.34
Short Term Debt	-0.58	0.28	0.04	-0.65	0.01	-0.84	0.04	-0.05	-0.04	-0.05	-0.61	-0.44	0.01	0.0	-0.28	0.4	-0.69	-0.19	0.68	-0.16		-0.07	0.51	0.62	0.3	-0.83
Non Current Liabilities Total	0.3	-0.3	0.35	0.17	0.97	0.31	0.34	0.55	0.9	-0.75	-0.04	0.19	0.25	0.3	0.57	0.38	-0.01	-0.18	0.08	-0.72	-0.07		-0.24	0.25	-0.3	-0.16
Other Stockholder Equity	-0.56	0.52	-0.24	-0.52	-0.19	-0.4	-0.21	-0.05	-0.26	0.09	-0.61	-0.38	-0.15	-0.15	-0.53	0.18	-0.39	-0.29	0.3	-0.09	0.51	-0.24		0.28	0.68	-0.56
Inventory	-0.67	0.22	0.09	-0.73	0.22	-0.44	0.27	0.63	0.37	-0.27	-0.42	-0.07	0.22	0.23	-0.34	0.95	-0.89	0.05	0.95	-0.6	0.62	0.25	0.28		0.32	-0.8
Other Current Assets	-0.64	0.7	-0.4	-0.59	-0.23	-0.32	-0.27	0.0	-0.31	0.15	-0.59	-0.37	-0.09	-0.1	-0.63	0.24	-0.43	-0.21	0.35	-0.05	0.3	-0.3	0.68	0.32		-0.41
Net Tangible Assets	0.6	-0.29	-0.09	0.71	-0.21	0.67	-0.14	-0.25	-0.17	0.2	0.7	0.34	-0.11	-0.11	0.21	-0.65	0.79	0.25	-0.81	0.34	-0.83	-0.16	-0.56	-0.8	-0.41

Click cells to compare fundamentals

Flagship Investments Account Relationship Matchups

Flagship Investments fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	56.7M	74.8M	68.8M	73.7M	88.2M	16.9M
Other Current Liab	(587K)	(3.6M)	(680K)	(1.1M)	(2.7M)	219.0K
Total Current Liabilities	2.4M	4.0M	1.6M	2.0M	4.4M	1.5M
Total Stockholder Equity	51.5M	63.1M	49.6M	52.4M	60.9M	14.2M
Net Debt	(3.1M)	12.5M	16.3M	17.1M	19.6M	20.6M
Retained Earnings	2.3M	270K	2.8M	2.0M	(239K)	812.2K
Accounts Payable	587K	3.6M	680K	1.1M	2.7M	1.0M
Cash	2.2M	3.1M	4.9M	1.7M	1.7M	7.3M
Non Current Assets Total	71.5M	63.7M	71.8M	86.4M	99.3M	104.3M
Non Currrent Assets Other	(71.5M)	(63.7M)	(71.8M)	(86.4M)	(77.8M)	(73.9M)
Other Assets	55.8M	56.7M	74.8M	68.8M	84K	17.6K
Cash And Short Term Investments	3.1M	4.9M	1.7M	1.7M	1.9M	1.8M
Liabilities And Stockholders Equity	74.8M	68.8M	73.7M	88.2M	101.4M	106.5M
Total Liab	5.1M	11.7M	19.1M	21.2M	27.3M	5.0M
Total Current Assets	2.4M	3.3M	5.1M	1.9M	1.8M	14.7M
Other Liab	2.7M	7.7M	112K	1.2M	1.4M	1.7M
Net Receivables	188K	145K	121K	97K	57K	2.2M
Non Current Liabilities Total	7.7M	17.4M	18.0M	22.9M	26.3M	27.6M
Other Stockholder Equity	(37.9M)	(36.4M)	(39.3M)	(38.5M)	507K	(688.9K)
Accumulated Other Comprehensive Income	26.7M	10.3M	13.9M	24.6M	28.3M	29.7M
Inventory	0.0	(44K)	(54K)	(53K)	45K	4.9M
Other Current Assets	130.0K	5K	44K	54K	53K	144.6K
Net Tangible Assets	51.5M	63.1M	49.6M	52.4M	17.1M	16.2M
Long Term Investments	54.2M	71.5M	63.6M	71.8M	86.4M	12.7K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Flagship Stock Analysis

When running Flagship Investments' price analysis, check to measure Flagship Investments' 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 Flagship Investments is operating at the current time. Most of Flagship Investments' value examination focuses on studying past and present price action to predict the probability of Flagship Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flagship Investments' price. Additionally, you may evaluate how the addition of Flagship Investments to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC