Jash Income Before Tax vs Operating Income Analysis

JASH Stock   597.95  5.75  0.95%   
Jash Engineering financial indicator trend analysis is infinitely more than just investigating Jash Engineering recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jash Engineering is a good investment. Please check the relationship between Jash Engineering Income Before Tax and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jash Engineering Limited. 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 Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jash Engineering Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jash Engineering's Income Before Tax and Operating Income is 0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Jash Engineering Limited, assuming nothing else is changed. The correlation between historical values of Jash Engineering's Income Before Tax and Operating 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 Jash Engineering Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Jash Engineering's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Operating Income

Operating Income is the amount of profit realized from Jash Engineering 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 Jash Engineering Limited 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.
Most indicators from Jash Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jash Engineering 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 Jash Engineering Limited. 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 992.4 M in 2024. Tax Provision is likely to gain to about 172.8 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense86.1M99.3M110.3M72.4M
Depreciation And Amortization96.9M106.5M107.7M72.6M

Jash Engineering fundamental ratios Correlations

0.740.590.850.990.870.670.670.990.80.810.870.890.870.830.640.460.890.460.990.570.780.851.00.710.29
0.740.570.90.660.860.280.980.660.90.280.890.560.370.910.840.170.40.660.670.620.660.920.720.960.51
0.590.570.670.570.68-0.030.540.640.590.220.660.70.30.740.540.330.330.390.550.70.520.670.590.560.15
0.850.90.670.810.970.450.830.820.940.490.980.750.580.980.750.310.610.470.810.640.871.00.840.90.33
0.990.660.570.810.830.70.580.990.740.850.830.90.920.780.570.480.930.41.00.540.780.81.00.630.23
0.870.860.680.970.830.420.80.840.880.510.970.770.610.970.650.380.650.470.830.650.880.970.860.860.22
0.670.28-0.030.450.70.420.190.670.390.820.440.620.840.360.230.350.83-0.060.72-0.130.510.420.680.310.04
0.670.980.540.830.580.80.190.580.850.160.820.50.260.860.790.170.30.640.590.620.60.860.640.960.46
0.990.660.640.820.990.840.670.580.740.830.840.930.890.80.590.470.90.410.990.560.760.820.990.630.25
0.80.90.590.940.740.880.390.850.740.40.940.690.490.920.780.130.510.520.740.70.80.950.780.880.41
0.810.280.220.490.850.510.820.160.830.40.540.70.980.410.350.360.960.230.850.210.540.490.820.210.19
0.870.890.660.980.830.970.440.820.840.940.540.740.610.960.790.220.640.590.820.680.860.990.860.850.37
0.890.560.70.750.90.770.620.50.930.690.70.740.770.770.440.50.790.230.880.520.70.730.90.590.11
0.870.370.30.580.920.610.840.260.890.490.980.610.770.510.340.451.00.20.920.260.660.570.880.340.1
0.830.910.740.980.780.970.360.860.80.920.410.960.770.510.750.350.540.470.770.640.810.980.820.910.33
0.640.840.540.750.570.650.230.790.590.780.350.790.440.340.75-0.020.340.770.580.570.460.790.620.720.7
0.460.170.330.310.480.380.350.170.470.130.360.220.50.450.35-0.020.48-0.280.490.150.330.270.480.32-0.26
0.890.40.330.610.930.650.830.30.90.510.960.640.791.00.540.340.480.190.930.280.70.60.90.380.07
0.460.660.390.470.40.47-0.060.640.410.520.230.590.230.20.470.77-0.280.190.390.670.280.550.430.450.63
0.990.670.550.811.00.830.720.590.990.740.850.820.880.920.770.580.490.930.390.520.780.810.990.650.24
0.570.620.70.640.540.65-0.130.620.560.70.210.680.520.260.640.570.150.280.670.520.570.670.560.540.3
0.780.660.520.870.780.880.510.60.760.80.540.860.70.660.810.460.330.70.280.780.570.850.780.690.08
0.850.920.671.00.80.970.420.860.820.950.490.990.730.570.980.790.270.60.550.810.670.850.840.90.38
1.00.720.590.841.00.860.680.640.990.780.820.860.90.880.820.620.480.90.430.990.560.780.840.70.27
0.710.960.560.90.630.860.310.960.630.880.210.850.590.340.910.720.320.380.450.650.540.690.90.70.32
0.290.510.150.330.230.220.040.460.250.410.190.370.110.10.330.7-0.260.070.630.240.30.080.380.270.32
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Jash Engineering Account Relationship Matchups

Jash Engineering fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.2B3.7B4.5B6.0B6.3B
Short Long Term Debt Total837.0M719.8M819.8M818.8M800.8M670.1M
Other Current Liab27.6M364.9M356.4M620.4M241.1M185.2M
Total Current Liabilities1.4B1.3B1.6B1.9B2.3B1.3B
Total Stockholder Equity1.3B1.6B1.9B2.4B3.5B3.7B
Property Plant And Equipment Net777.5M784.4M821.5M896.3M1.0B751.6M
Current Deferred Revenue264.5M(476.7M)99.7M147.7M749.0M786.4M
Net Debt806.1M681.2M782.2M730.0M646.5M600.2M
Retained Earnings567.8M858.4M1.1B1.6B2.1B2.2B
Accounts Payable402.0M454.2M590.5M587.9M695.6M467.9M
Cash30.9M38.6M37.6M88.7M310.4M325.9M
Non Current Assets Total1.1B1.1B1.2B1.3B1.6B1.1B
Non Currrent Assets Other53K39.0M276.3M289.4M301.8M316.9M
Cash And Short Term Investments79.0M54.2M37.7M339.9M1.0B1.1B
Net Receivables1.1B981.3M1.3B1.6B1.6B916.6M
Good Will204.4M210.2M207.5M217.0M218.2M189.0M
Short Term Investments48.1M15.6M90K251.1M697.4M732.2M
Liabilities And Stockholders Equity2.8B3.2B3.7B4.5B6.0B6.3B
Non Current Liabilities Total230.1M304.4M225.8M181.0M215.0M215.4M
Inventory611.0M714.1M764.4M1.1B1.6B1.7B
Other Current Assets4.7M331.8M245.7M167.9M208.1M130.8M
Total Liab1.6B1.6B1.8B2.1B2.5B1.5B
Total Current Assets1.8B2.0B2.5B3.2B4.4B4.6B
Accumulated Other Comprehensive Income117.1M135.1M155.3M227.3M318.2M334.1M
Short Term Debt667.9M476.8M651.5M682.0M616.8M490.7M
Intangible Assets90.0M99.4M95.8M83.3M66.8M89.6M
Other Liab46.4M61.0M61.3M57.5M66.2M61.3M
Net Tangible Assets806.9M960.4M1.3B1.6B1.8B1.0B
Other Assets22.2M28.5M68.7M115.6M133.0M139.6M
Long Term Debt93.9M243.1M117.0M87.5M120.6M110.5M
Long Term Debt Total169.1M243.1M168.3M136.8M157.3M185.9M
Short Long Term Debt662.4M466.5M639.1M667.7M599.2M544.0M
Property Plant Equipment777.5M784.4M821.5M896.3M1.0B775.4M
Non Current Liabilities Other1.2M1K11.7M10.7M9.5M5.5M
Net Invested Capital2.0B2.2B2.6B3.1B4.2B2.8B
Net Working Capital393.2M745.3M899.0M1.2B2.1B2.2B

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