National Depreciation And Amortization vs Income Before Tax Analysis

KAP Stock   36.90  0.15  0.41%   
National Atomic financial indicator trend analysis is infinitely more than just investigating National Atomic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Atomic is a good investment. Please check the relationship between National Atomic Depreciation And Amortization and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Atomic Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Atomic Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between National Atomic's Depreciation And Amortization and Income Before Tax is -0.58. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of National Atomic Co, assuming nothing else is changed. The correlation between historical values of National Atomic's Depreciation And Amortization 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 Depreciation And Amortization of National Atomic Co 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 Depreciation And Amortization i.e., National Atomic's Depreciation And Amortization and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on National Atomic income statement and is an important metric when analyzing National Atomic 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 National Atomic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Atomic 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Atomic Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, National Atomic's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit526.1B818.6B941.4B988.5B
Total Revenue1.0T1.4T1.6T1.7T

National Atomic fundamental ratios Correlations

0.480.340.721.00.92-0.661.00.650.810.970.440.750.840.850.570.380.670.880.74-0.770.970.850.420.860.59
0.480.370.710.450.37-0.020.450.590.40.420.140.40.480.480.530.320.040.450.56-0.120.660.490.810.360.52
0.340.370.540.320.15-0.220.320.50.320.240.190.340.50.170.330.210.010.490.46-0.430.420.480.470.360.33
0.720.710.540.710.55-0.550.710.940.710.620.380.850.90.550.780.610.190.880.93-0.550.80.920.850.810.78
1.00.450.320.710.93-0.691.00.650.820.960.420.770.840.850.570.380.670.890.73-0.770.960.850.40.860.58
0.920.370.150.550.93-0.550.930.420.660.990.190.60.70.950.420.150.830.780.58-0.740.870.710.30.80.44
-0.66-0.02-0.22-0.55-0.69-0.55-0.69-0.59-0.9-0.56-0.26-0.88-0.62-0.48-0.38-0.36-0.39-0.72-0.50.64-0.6-0.71-0.19-0.63-0.4
1.00.450.320.711.00.93-0.690.640.820.960.420.770.830.860.570.370.670.880.73-0.770.960.850.40.860.58
0.650.590.50.940.650.42-0.590.640.690.510.480.860.890.350.790.680.150.850.92-0.50.720.910.720.760.78
0.810.40.320.710.820.66-0.90.820.690.690.310.90.690.630.50.40.370.770.59-0.60.820.770.430.650.51
0.970.420.240.620.960.99-0.560.960.510.690.30.640.770.930.490.240.790.830.65-0.770.920.770.340.840.51
0.440.140.190.380.420.19-0.260.420.480.310.30.370.530.060.420.660.070.40.49-0.490.410.460.060.40.43
0.750.40.340.850.770.6-0.880.770.860.90.640.370.850.560.680.640.340.890.79-0.660.770.920.540.790.68
0.840.480.50.90.840.7-0.620.830.890.690.770.530.850.630.750.620.50.970.93-0.790.840.980.560.940.75
0.850.480.170.550.850.95-0.480.860.350.630.930.060.560.630.370.120.730.710.51-0.670.830.640.380.720.4
0.570.530.330.780.570.42-0.380.570.790.50.490.420.680.750.370.550.20.720.82-0.420.60.770.630.721.0
0.380.320.210.610.380.15-0.360.370.680.40.240.660.640.620.120.550.00.530.6-0.450.410.610.330.430.53
0.670.040.010.190.670.83-0.390.670.150.370.790.070.340.50.730.20.00.570.29-0.710.580.47-0.150.590.21
0.880.450.490.880.890.78-0.720.880.850.770.830.40.890.970.710.720.530.570.9-0.80.870.990.570.950.73
0.740.560.460.930.730.58-0.50.730.920.590.650.490.790.930.510.820.60.290.9-0.550.750.940.740.90.83
-0.77-0.12-0.43-0.55-0.77-0.740.64-0.77-0.5-0.6-0.77-0.49-0.66-0.79-0.67-0.42-0.45-0.71-0.8-0.55-0.72-0.75-0.09-0.75-0.44
0.970.660.420.80.960.87-0.60.960.720.820.920.410.770.840.830.60.410.580.870.75-0.720.850.550.80.61
0.850.490.480.920.850.71-0.710.850.910.770.770.460.920.980.640.770.610.470.990.94-0.750.850.620.940.77
0.420.810.470.850.40.3-0.190.40.720.430.340.060.540.560.380.630.33-0.150.570.74-0.090.550.620.510.63
0.860.360.360.810.860.8-0.630.860.760.650.840.40.790.940.720.720.430.590.950.9-0.750.80.940.510.73
0.590.520.330.780.580.44-0.40.580.780.510.510.430.680.750.41.00.530.210.730.83-0.440.610.770.630.73
Click cells to compare fundamentals

National Atomic Account Relationship Matchups

National Atomic fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.7T2.0T2.2T2.6T3.0T1.5T
Short Long Term Debt Total109.2B102.6B139.0B177.4B204.0B158.1B
Other Current Liab(7.7B)(15.4B)88.3B35.5B40.8B42.9B
Total Current Liabilities111.6B158.8B271.4B430.8B495.4B520.2B
Total Stockholder Equity1.1T1.2T1.3T1.5T1.8T936.2B
Property Plant And Equipment Net902.5B888.4B902.2B902.0B1.0T610.5B
Net Debt(4.2B)(58.6B)(30.5B)(34.5B)(31.1B)(29.5B)
Retained Earnings1.0T1.1T1.3T1.5T1.7T886.7B
Accounts Payable42.1B62.9B98.5B175.4B201.7B211.8B
Cash113.3B161.2B169.5B211.9B243.7B130.1B
Non Current Assets Total1.1T1.2T1.3T1.3T1.5T925.4B
Non Currrent Assets Other7.8B95.2B54.1B91.7B105.5B55.1B
Cash And Short Term Investments113.3B209.4B170.8B258.6B297.4B312.3B
Net Receivables117.3B220.0B258.6B332.0B381.8B400.9B
Short Term Investments(43.3B)48.2B1.3B46.7B53.7B56.4B
Liabilities And Stockholders Equity1.7T2.0T2.2T2.6T3.0T1.5T
Non Current Liabilities Total237.9B255.6B254.6B160.2B184.2B178.5B
Inventory233.4B275.9B392.6B423.3B486.8B511.2B
Other Current Assets69.4B62.2B114.8B265.4B305.3B320.5B
Total Liab349.5B414.4B526.0B591.0B679.7B404.8B
Total Current Assets542.3B771.8B947.7B1.3T1.5T1.6T
Accumulated Other Comprehensive Income1.7B1.9B1.9B1.2B1.1B1.0B
Short Term Debt32.6B(65.2B)55.7B177.4B204.1B214.3B
Intangible Assets11.4B10.4B10.7B14.6B16.8B17.7B
Current Deferred Revenue34.9B76.8B96.4B73.6B84.6B42.9B
Long Term Debt16.3B69.3B76.3B77.7B83.3B0.0
Short Long Term Debt21.6B11.4B55.7B177.4B204.0B214.2B
Non Current Liabilities Other4.6B19.2B2.2B3.1B3.6B6.4B
Net Invested Capital1.2T1.3T1.4T1.7T2.0T1.3T
Net Working Capital430.7B612.9B676.3B859.9B988.9B530.8B
Property Plant And Equipment Gross1.3T1.3T1.4T1.5T1.7T1.5T

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Other Information on Investing in National Stock

Balance Sheet is a snapshot of the financial position of National Atomic at a specified time, usually calculated after every quarter, six months, or one year. National Atomic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of National Atomic 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 National currently owns. An asset can also be divided into two categories, current and non-current.