GlaxoSmithKline Income Before Tax vs Net Interest Income Analysis

GSK Stock  USD 33.70  0.35  1.05%   
GlaxoSmithKline PLC financial indicator trend analysis is much more than just examining GlaxoSmithKline PLC ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GlaxoSmithKline PLC ADR is a good investment. Please check the relationship between GlaxoSmithKline PLC Income Before Tax and its Net Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlaxoSmithKline PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GlaxoSmithKline PLC ADR Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between GlaxoSmithKline PLC's Income Before Tax and Net Interest Income is -0.05. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of GlaxoSmithKline PLC ADR, assuming nothing else is changed. The correlation between historical values of GlaxoSmithKline PLC's Income Before Tax and Net Interest Income 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 GlaxoSmithKline PLC ADR are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., GlaxoSmithKline PLC's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from GlaxoSmithKline PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GlaxoSmithKline PLC ADR 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlaxoSmithKline PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, GlaxoSmithKline PLC's Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 12.7 B this year, although Enterprise Value Over EBITDA will most likely fall to 8.56.
 2021 2022 2023 2024 (projected)
Interest Expense784M879M775M502.2M
Depreciation And Amortization2.1B2.1B2.3B2.4B

GlaxoSmithKline PLC fundamental ratios Correlations

0.920.220.890.50.890.90.330.610.990.060.590.220.29-0.020.950.950.50.970.320.910.70.710.70.110.94
0.920.090.830.410.880.980.410.650.9-0.050.550.020.28-0.060.910.90.610.910.230.870.730.870.730.020.82
0.220.090.090.780.130.05-0.620.190.170.580.550.780.270.370.050.16-0.30.070.490.370.33-0.20.330.680.13
0.890.830.090.30.890.830.530.450.870.170.530.160.290.10.830.940.540.940.360.870.710.720.71-0.070.77
0.50.410.780.30.270.43-0.440.190.490.540.440.770.570.20.290.35-0.260.310.560.480.330.250.330.880.51
0.890.880.130.890.270.830.560.740.840.070.66-0.020.33-0.10.910.970.770.940.430.930.920.710.92-0.20.73
0.90.980.050.830.430.830.380.50.890.010.460.080.31-0.010.870.870.540.890.240.820.650.90.650.070.82
0.330.41-0.620.53-0.440.560.380.330.33-0.280.0-0.610.11-0.330.440.480.780.50.040.30.430.490.43-0.710.3
0.610.650.190.450.190.740.50.330.56-0.290.71-0.240.03-0.240.680.640.640.610.080.720.770.370.77-0.190.48
0.990.90.170.870.490.840.890.330.560.020.50.220.26-0.070.940.920.450.950.280.850.630.70.630.130.97
0.06-0.050.580.170.540.070.01-0.28-0.290.020.30.760.710.5-0.050.11-0.20.040.830.220.2-0.020.20.49-0.01
0.590.550.550.530.440.660.460.00.710.50.30.250.260.430.560.640.390.570.340.840.750.310.750.110.35
0.220.020.780.160.77-0.020.08-0.61-0.240.220.760.250.380.440.030.11-0.520.080.570.20.01-0.120.010.780.25
0.290.280.270.290.570.330.310.110.030.260.710.260.380.020.20.310.150.250.840.360.420.350.420.410.27
-0.02-0.060.370.10.2-0.1-0.01-0.33-0.24-0.070.50.430.440.02-0.1-0.03-0.26-0.020.020.17-0.030.0-0.030.24-0.14
0.950.910.050.830.290.910.870.440.680.94-0.050.560.030.2-0.10.940.670.970.250.870.710.710.71-0.130.88
0.950.90.160.940.350.970.870.480.640.920.110.640.110.31-0.030.940.660.980.40.940.820.70.82-0.080.82
0.50.61-0.30.54-0.260.770.540.780.640.45-0.20.39-0.520.15-0.260.670.660.640.160.580.720.530.72-0.660.35
0.970.910.070.940.310.940.890.50.610.950.040.570.080.25-0.020.970.980.640.310.910.740.750.74-0.110.88
0.320.230.490.360.560.430.240.040.080.280.830.340.570.840.020.250.40.160.310.430.540.180.540.320.26
0.910.870.370.870.480.930.820.30.720.850.220.840.20.360.170.870.940.580.910.430.880.650.880.050.72
0.70.730.330.710.330.920.650.430.770.630.20.750.010.42-0.030.710.820.720.740.540.880.551.0-0.130.49
0.710.87-0.20.720.250.710.90.490.370.7-0.020.31-0.120.350.00.710.70.530.750.180.650.550.55-0.040.65
0.70.730.330.710.330.920.650.430.770.630.20.750.010.42-0.030.710.820.720.740.540.881.00.55-0.130.49
0.110.020.68-0.070.88-0.20.07-0.71-0.190.130.490.110.780.410.24-0.13-0.08-0.66-0.110.320.05-0.13-0.04-0.130.2
0.940.820.130.770.510.730.820.30.480.97-0.010.350.250.27-0.140.880.820.350.880.260.720.490.650.490.2
Click cells to compare fundamentals

GlaxoSmithKline PLC Account Relationship Matchups

GlaxoSmithKline PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.7B80.4B79.1B60.1B59.0B32.8B
Short Long Term Debt Total30.5B27.2B24.2B21.0B18.0B11.0B
Other Current Liab755M13.5B15.0B14.5B13.8B14.5B
Total Current Liabilities24.1B22.1B23.7B22.8B21.1B11.2B
Total Stockholder Equity12.0B14.6B15.1B10.6B13.3B14.0B
Property Plant And Equipment Net11.3B11.0B10.7B9.6B10.0B7.2B
Net Debt25.8B20.9B19.9B17.3B15.1B8.3B
Accounts Payable14.9B4.4B4.5B3.9B3.7B5.1B
Cash4.7B6.3B4.3B3.7B2.9B2.7B
Non Current Assets Total60.2B60.2B60.4B39.4B40.4B20.9B
Non Currrent Assets Other1.2B1.1B1.8B5.3B7.2B7.5B
Cash And Short Term Investments4.8B6.4B4.3B7.9B5.7B4.0B
Common Stock Shares Outstanding4.0B2.0B1.6B2.0B4.1B4.3B
Liabilities And Stockholders Equity79.7B80.4B79.1B60.1B59.0B32.8B
Non Current Liabilities Total37.3B37.5B34.1B27.2B25.1B14.3B
Inventory5.9B6.0B5.8B5.1B5.5B3.0B
Other Stockholder Equity4.9B3.3B3.3B3.4B3.5B2.8B
Total Liab61.3B59.6B57.8B50.1B46.2B25.5B
Property Plant And Equipment Gross10.3B11.0B10.7B9.6B20.2B21.2B
Total Current Assets19.5B20.2B18.7B20.8B18.6B11.9B
Capital Stock1.3B1.3B1.3B1.3B1.3B1.3B
Short Term Debt6.9B3.7B3.6B4.0B2.8B2.2B
Common Stock1.3B1.3B1.3B1.3B1.3B1.3B
Retained Earnings5.1B6.8B7.9B4.4B7.7B8.1B
Accumulated Other Comprehensive Income641M1.6B642M(48M)805M845.3M
Intangible Assets31.0B29.8B30.1B14.3B14.8B11.4B
Other Liab13.7B14.1B13.5B10.2B11.7B14.2B
Long Term Debt22.6B23.4B20.6B17.0B14.2B17.5B
Good Will10.6B10.6B10.6B7.0B6.8B5.3B
Other Current Assets1.6B1.9B1.7B1.4B1.6B1.5B
Property Plant Equipment11.3B11.0B10.7B9.6B8.7B9.7B
Current Deferred Revenue1.4B1.8B1.6B299M222M233.1M
Other Assets5.1B5.3B6.9B6.9B7.9B5.4B
Net Receivables7.1B5.5B6.2B5.5B5.9B6.1B
Net Tangible Assets(30.1B)(25.8B)(25.6B)(10.8B)(12.4B)(13.0B)
Short Long Term Debt6.7B3.5B3.4B3.8B2.7B4.3B

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When determining whether GlaxoSmithKline PLC ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GlaxoSmithKline Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Glaxosmithkline Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Glaxosmithkline Plc Adr Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlaxoSmithKline PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Pharmaceuticals 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 GlaxoSmithKline PLC. If investors know GlaxoSmithKline 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 GlaxoSmithKline PLC 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
(0.28)
Dividend Share
0.61
Earnings Share
1.54
Revenue Per Share
15.38
Quarterly Revenue Growth
(0.02)
The market value of GlaxoSmithKline PLC ADR is measured differently than its book value, which is the value of GlaxoSmithKline that is recorded on the company's balance sheet. Investors also form their own opinion of GlaxoSmithKline PLC's value that differs from its market value or its book value, called intrinsic value, which is GlaxoSmithKline PLC'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 GlaxoSmithKline PLC's market value can be influenced by many factors that don't directly affect GlaxoSmithKline PLC'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 GlaxoSmithKline PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlaxoSmithKline PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlaxoSmithKline PLC'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.