Jtekt Income Before Tax vs Ebitda Analysis

JTEKTINDIA

165.47 1.52 0.91%

Jtekt India financial indicator trend analysis is infinitely more than just investigating Jtekt India Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jtekt India Limited is a good investment. Please check the relationship between Jtekt India Income Before Tax and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jtekt India 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 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 Jtekt India Limited Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Jtekt India's Income Before Tax and Ebitda is 0.84. 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 Jtekt India Limited, assuming nothing else is changed. The correlation between historical values of Jtekt India'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 Jtekt India Limited 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., Jtekt India's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Jtekt India income statement and is an important metric when analyzing Jtekt India Limited 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 Jtekt India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jtekt India Limited 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 Jtekt India 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 estimate.

As of the 28th of November 2024, Selling General Administrative is likely to drop to about 117.4 M. In addition to that, Tax Provision is likely to drop to about 264.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	4.1B	6.0B	6.3B	4.3B
Total Revenue	15.7B	20.4B	22.5B	15.1B

Gross Profit Total Revenue

Jtekt India fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Good Will	Intangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable	Short Term Debt
Total Assets		0.19	-0.02	0.82	0.57	0.83	0.0	0.44	0.82	-0.19	0.43	0.91	0.45	0.05	0.69	0.54	-0.03	0.46	0.81	0.45	0.52	-0.04	-0.1	0.44	0.47	-0.11
Short Long Term Debt Total	0.19		0.57	0.67	-0.62	0.57	0.94	-0.48	0.65	-0.02	-0.55	-0.01	-0.56	0.89	-0.52	0.19	0.43	0.9	-0.36	-0.66	-0.42	0.07	-0.06	-0.68	-0.19	0.45
Other Current Liab	-0.02	0.57		0.29	-0.51	0.27	0.5	-0.15	0.25	-0.25	-0.2	-0.14	-0.47	0.67	-0.51	0.24	0.13	0.56	-0.3	-0.37	-0.6	0.13	-0.22	-0.48	-0.05	0.24
Total Current Liabilities	0.82	0.67	0.29		0.03	0.93	0.5	0.09	0.94	-0.25	0.05	0.67	-0.05	0.52	0.19	0.49	0.23	0.85	0.39	-0.07	0.17	0.08	-0.12	-0.1	0.28	0.14
Total Stockholder Equity	0.57	-0.62	-0.51	0.03		0.05	-0.72	0.76	0.04	-0.19	0.79	0.7	0.93	-0.76	0.93	0.05	-0.57	-0.44	0.9	0.93	0.7	-0.1	-0.21	0.96	0.39	-0.15
Property Plant And Equipment Net	0.83	0.57	0.27	0.93	0.05		0.43	-0.01	0.97	-0.02	-0.04	0.61	-0.05	0.54	0.26	0.6	0.37	0.81	0.38	-0.03	0.21	-0.03	0.07	-0.07	0.27	-0.13
Net Debt	0.0	0.94	0.5	0.5	-0.72	0.43		-0.7	0.51	0.2	-0.74	-0.21	-0.69	0.9	-0.59	0.17	0.57	0.84	-0.53	-0.8	-0.56	-0.04	0.15	-0.77	-0.3	0.35
Cash	0.44	-0.48	-0.15	0.09	0.76	-0.01	-0.7		-0.05	-0.71	0.99	0.59	0.69	-0.66	0.6	-0.03	-0.63	-0.35	0.78	0.79	0.58	0.37	-0.6	0.7	0.38	0.07
Non Current Assets Total	0.82	0.65	0.25	0.94	0.04	0.97	0.51	-0.05		0.02	-0.09	0.58	-0.02	0.55	0.21	0.53	0.37	0.82	0.33	-0.08	0.22	0.01	0.03	-0.1	0.17	0.01
Non Currrent Assets Other	-0.19	-0.02	-0.25	-0.25	-0.19	-0.02	0.2	-0.71	0.02		-0.66	-0.31	-0.17	0.22	-0.04	0.24	0.52	-0.02	-0.33	-0.26	-0.17	-0.54	0.82	-0.13	-0.15	-0.48
Cash And Short Term Investments	0.43	-0.55	-0.2	0.05	0.79	-0.04	-0.74	0.99	-0.09	-0.66		0.59	0.72	-0.7	0.64	0.01	-0.64	-0.39	0.8	0.82	0.59	0.3	-0.51	0.73	0.38	0.01
Net Receivables	0.91	-0.01	-0.14	0.67	0.7	0.61	-0.21	0.59	0.58	-0.31	0.59		0.59	-0.16	0.79	0.45	-0.32	0.25	0.92	0.63	0.5	-0.14	-0.16	0.63	0.65	-0.08
Common Stock Shares Outstanding	0.45	-0.56	-0.47	-0.05	0.93	-0.05	-0.69	0.69	-0.02	-0.17	0.72	0.59		-0.76	0.77	-0.12	-0.71	-0.5	0.76	0.93	0.67	-0.12	-0.3	0.9	0.19	0.03
Non Current Liabilities Total	0.05	0.89	0.67	0.52	-0.76	0.54	0.9	-0.66	0.55	0.22	-0.7	-0.16	-0.76		-0.57	0.41	0.63	0.88	-0.48	-0.75	-0.6	-0.1	0.26	-0.77	-0.08	0.07
Inventory	0.69	-0.52	-0.51	0.19	0.93	0.26	-0.59	0.6	0.21	-0.04	0.64	0.79	0.77	-0.57		0.31	-0.35	-0.24	0.92	0.81	0.67	-0.25	0.04	0.89	0.56	-0.35
Other Current Assets	0.54	0.19	0.24	0.49	0.05	0.6	0.17	-0.03	0.53	0.24	0.01	0.45	-0.12	0.41	0.31		0.43	0.52	0.36	0.01	-0.09	-0.21	0.51	-0.02	0.46	-0.56
Other Stockholder Equity	-0.03	0.43	0.13	0.23	-0.57	0.37	0.57	-0.63	0.37	0.52	-0.64	-0.32	-0.71	0.63	-0.35	0.43		0.52	-0.44	-0.73	-0.2	0.13	0.58	-0.66	-0.16	-0.37
Total Liab	0.46	0.9	0.56	0.85	-0.44	0.81	0.84	-0.35	0.82	-0.02	-0.39	0.25	-0.5	0.88	-0.24	0.52	0.52		-0.08	-0.51	-0.31	0.0	0.09	-0.53	0.07	0.13
Total Current Assets	0.81	-0.36	-0.3	0.39	0.9	0.38	-0.53	0.78	0.33	-0.33	0.8	0.92	0.76	-0.48	0.92	0.36	-0.44	-0.08		0.83	0.64	-0.07	-0.19	0.83	0.61	-0.2
Common Stock	0.45	-0.66	-0.37	-0.07	0.93	-0.03	-0.8	0.79	-0.08	-0.26	0.82	0.63	0.93	-0.75	0.81	0.01	-0.73	-0.51	0.83		0.6	-0.14	-0.29	0.94	0.36	-0.17
Good Will	0.52	-0.42	-0.6	0.17	0.7	0.21	-0.56	0.58	0.22	-0.17	0.59	0.5	0.67	-0.6	0.67	-0.09	-0.2	-0.31	0.64	0.6		0.25	-0.18	0.58	0.19	-0.12
Intangible Assets	-0.04	0.07	0.13	0.08	-0.1	-0.03	-0.04	0.37	0.01	-0.54	0.3	-0.14	-0.12	-0.1	-0.25	-0.21	0.13	0.0	-0.07	-0.14	0.25		-0.55	-0.25	-0.31	0.31
Current Deferred Revenue	-0.1	-0.06	-0.22	-0.12	-0.21	0.07	0.15	-0.6	0.03	0.82	-0.51	-0.16	-0.3	0.26	0.04	0.51	0.58	0.09	-0.19	-0.29	-0.18	-0.55		-0.17	0.13	-0.65
Retained Earnings	0.44	-0.68	-0.48	-0.1	0.96	-0.07	-0.77	0.7	-0.1	-0.13	0.73	0.63	0.9	-0.77	0.89	-0.02	-0.66	-0.53	0.83	0.94	0.58	-0.25	-0.17		0.48	-0.17
Accounts Payable	0.47	-0.19	-0.05	0.28	0.39	0.27	-0.3	0.38	0.17	-0.15	0.38	0.65	0.19	-0.08	0.56	0.46	-0.16	0.07	0.61	0.36	0.19	-0.31	0.13	0.48		-0.35
Short Term Debt	-0.11	0.45	0.24	0.14	-0.15	-0.13	0.35	0.07	0.01	-0.48	0.01	-0.08	0.03	0.07	-0.35	-0.56	-0.37	0.13	-0.2	-0.17	-0.12	0.31	-0.65	-0.17	-0.35

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Jtekt India Account Relationship Matchups

Jtekt India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.9B	9.3B	10.0B	10.7B	12.7B	10.0B
Short Long Term Debt Total	781.3M	485.2M	709.9M	617.6M	1.2B	1.5B
Other Current Liab	932.0M	383.9M	551.1M	432.6M	559.5M	1.0B
Total Current Liabilities	2.4B	2.8B	2.9B	3.0B	3.8B	3.3B
Total Stockholder Equity	6.0B	6.0B	6.3B	7.0B	8.2B	4.3B
Property Plant And Equipment Net	4.4B	4.0B	4.7B	4.8B	5.7B	5.3B
Net Debt	194.4M	(171.2M)	86.6M	151.6M	400.3M	380.3M
Cash	586.9M	656.3M	623.3M	466.0M	753.6M	378.0M
Non Current Assets Total	5.0B	4.6B	5.2B	5.3B	6.5B	6.0B
Non Currrent Assets Other	65.1M	79K	325.2M	243.3M	429.5M	451.0M
Cash And Short Term Investments	586.9M	728.8M	789.1M	572.8M	753.6M	399.6M
Net Receivables	1.9B	2.6B	2.4B	2.8B	3.3B	2.4B
Liabilities And Stockholders Equity	8.9B	9.3B	10.0B	10.7B	12.7B	10.0B
Non Current Liabilities Total	314.1M	323.7M	499.1M	451.3M	744.7M	1.4B
Inventory	1.1B	1.3B	1.4B	1.9B	2.0B	1.1B
Other Current Assets	45.9M	164.9M	175.5M	198.9M	180.8M	123.0M
Other Stockholder Equity	2.9B	(4.9B)	1.1B	807.1M	726.4M	690.0M
Total Liab	2.7B	3.1B	3.4B	3.4B	4.5B	3.8B
Total Current Assets	3.9B	4.8B	4.8B	5.4B	6.2B	4.0B
Accumulated Other Comprehensive Income	(1.3B)	(2.4B)	(3.1B)	1.1B	1.1B	1.2B
Intangible Assets	526.8M	365.8M	233.4M	235.8M	189.7M	306.8M
Current Deferred Revenue	(582.8M)	256.5M	582.3M	339.5M	28.3M	29.7M
Retained Earnings	3.8B	3.9B	4.2B	4.9B	6.1B	3.5B
Accounts Payable	1.4B	2.0B	2.0B	2.2B	2.7B	2.2B
Short Term Debt	582.8M	274.1M	473.8M	367.4M	503.4M	517.6M
Other Liab	202.1M	115.6M	112.7M	115.6M	104.0M	195.5M
Net Tangible Assets	5.8B	5.8B	5.9B	6.2B	7.2B	5.3B
Other Assets	517.1M	435.6M	404.4M	133.1M	153.1M	145.4M
Long Term Debt	160.9M	172.6M	343.5M	309.0M	595.5M	590.5M
Deferred Long Term Liab	477.8M	384.7M	234.0M	137.7M	123.9M	117.7M
Short Long Term Debt	578.7M	179.7M	326.4M	268.1M	500.4M	529.7M
Property Plant Equipment	4.4B	4.0B	4.7B	4.8B	4.3B	3.8B
Short Term Investments	11.1M	72.5M	165.8M	106.8M	2.5M	2.4M
Long Term Debt Total	198.5M	211.1M	383.5M	349.5M	314.6M	526.8M
Cash And Equivalents	532.3M	648.6M	579.8M	439.5M	505.4M	672.4M
Net Invested Capital	6.7B	6.3B	7.0B	7.6B	9.3B	8.0B

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Other Information on Investing in Jtekt Stock

Balance Sheet is a snapshot of the financial position of Jtekt India Limited at a specified time, usually calculated after every quarter, six months, or one year. Jtekt India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jtekt India and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jtekt currently owns. An asset can also be divided into two categories, current and non-current.

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Jtekt Income Before Tax vs Ebitda Analysis

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebitda

Jtekt India fundamental ratios Correlations

Jtekt India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jtekt India fundamental ratios Accounts

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Other Information on Investing in Jtekt Stock

COMMON DESTINATIONS

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Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Retained Earnings	+ 0.96	Total Stockholder Equity
Net Debt	+ 0.94	Short Long Term Debt Total
Non Current Assets Total	+ 0.94	Total Current Liabilities
Retained Earnings	+ 0.94	Common Stock

Common Stock	- 0.8	Net Debt
Retained Earnings	- 0.77	Non Current Liabilities Total
Retained Earnings	- 0.77	Net Debt
Non Current Liabilities Total	- 0.76	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.76	Total Stockholder Equity
Common Stock	- 0.75	Non Current Liabilities Total