Korea Net Interest Income vs Income Before Tax Analysis

KEP Stock  USD 8.51  0.07  0.82%   
Korea Electric financial indicator trend analysis is infinitely more than just investigating Korea Electric Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korea Electric Power is a good investment. Please check the relationship between Korea Electric Net Interest Income and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Korea Electric Power Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Korea Electric's Net Interest Income and Income Before Tax is 0.43. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Korea Electric Power, assuming nothing else is changed. The correlation between historical values of Korea Electric's Net Interest 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 Net Interest Income of Korea Electric Power 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 Net Interest Income i.e., Korea Electric's Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Korea Electric income statement and is an important metric when analyzing Korea Electric Power 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 Korea Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korea Electric Power 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 Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Korea Electric's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/25/2024, Enterprise Value Over EBITDA is likely to grow to 16.33, while Selling General Administrative is likely to drop slightly above 1.8 T.
 2021 2022 2023 2024 (projected)
Total Operating Expenses2.9T3.0T2.0T1.9T
Other Operating Expenses66.4T103.9T91.7T50.9T

Korea Electric fundamental ratios Correlations

-0.630.80.570.530.640.390.630.560.250.680.920.570.970.450.740.680.680.450.510.980.490.140.990.110.63
-0.63-0.44-0.60.02-0.710.15-0.26-0.37-0.35-0.72-0.42-0.34-0.67-0.66-0.66-0.17-0.65-0.1-0.7-0.63-0.54-0.49-0.69-0.36-0.36
0.8-0.440.410.410.470.320.650.470.260.580.690.610.820.230.60.480.520.10.360.80.13-0.120.78-0.150.61
0.57-0.60.410.070.72-0.30.230.870.040.820.590.510.60.860.950.480.710.280.880.520.870.80.610.830.47
0.530.020.410.070.280.910.560.260.190.20.510.330.440.010.270.70.380.58-0.010.620.22-0.260.5-0.260.2
0.64-0.710.470.720.280.060.180.510.280.90.450.490.730.640.750.270.910.170.850.680.640.550.710.480.4
0.390.150.32-0.30.910.060.46-0.080.22-0.050.340.180.3-0.31-0.080.470.160.44-0.290.49-0.13-0.560.35-0.590.11
0.63-0.260.650.230.560.180.460.240.410.160.690.130.580.370.460.750.130.63-0.020.660.2-0.150.6-0.230.1
0.56-0.370.470.870.260.51-0.080.240.030.720.590.710.510.650.830.530.670.360.730.510.730.60.580.650.7
0.25-0.350.260.040.190.280.220.410.030.180.08-0.010.250.320.120.050.230.260.10.31-0.070.20.27-0.130.02
0.68-0.720.580.820.20.9-0.050.160.720.180.490.770.760.660.840.290.960.110.950.680.660.580.730.550.69
0.92-0.420.690.590.510.450.340.690.590.080.490.420.860.480.730.860.460.560.370.860.530.140.890.180.5
0.57-0.340.610.510.330.490.180.130.71-0.010.770.420.580.230.570.260.770.10.650.570.390.170.580.210.93
0.97-0.670.820.60.440.730.30.580.510.250.760.860.580.480.770.60.730.320.60.950.470.180.980.140.6
0.45-0.660.230.860.010.64-0.310.370.650.320.660.480.230.480.810.470.560.440.740.410.80.830.50.750.21
0.74-0.660.60.950.270.75-0.080.460.830.120.840.730.570.770.810.620.750.370.820.720.820.620.780.630.5
0.68-0.170.480.480.70.270.470.750.530.050.290.860.260.60.470.620.30.680.180.660.540.080.640.150.23
0.68-0.650.520.710.380.910.160.130.670.230.960.460.770.730.560.750.30.20.890.710.630.50.730.450.68
0.45-0.10.10.280.580.170.440.630.360.260.110.560.10.320.440.370.680.20.060.460.50.160.430.130.1
0.51-0.70.360.88-0.010.85-0.29-0.020.730.10.950.370.650.60.740.820.180.890.060.490.740.770.570.760.58
0.98-0.630.80.520.620.680.490.660.510.310.680.860.570.950.410.720.660.710.460.490.470.090.980.030.57
0.49-0.540.130.870.220.64-0.130.20.73-0.070.660.530.390.470.80.820.540.630.50.740.470.720.540.790.32
0.14-0.49-0.120.8-0.260.55-0.56-0.150.60.20.580.140.170.180.830.620.080.50.160.770.090.720.20.940.17
0.99-0.690.780.610.50.710.350.60.580.270.730.890.580.980.50.780.640.730.430.570.980.540.20.160.62
0.11-0.36-0.150.83-0.260.48-0.59-0.230.65-0.130.550.180.210.140.750.630.150.450.130.760.030.790.940.160.19
0.63-0.360.610.470.20.40.110.10.70.020.690.50.930.60.210.50.230.680.10.580.570.320.170.620.19
Click cells to compare fundamentals

Korea Electric Account Relationship Matchups

Korea Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets197.6T203.1T211.1T234.8T239.7T140.6T
Other Current Liab16.8T14.7T22.3T35.6T14.7T11.8T
Total Current Liabilities24.2T25.9T31.7T44.5T61.2T64.3T
Total Stockholder Equity67.5T69.3T63.8T40.5T35.8T51.7T
Other Liab41.0T43.5T47.5T46.8T53.8T56.5T
Retained Earnings49.2T51.1T45.2T21.4T11.9T11.3T
Accounts Payable4.8T6.3T8.2T7.5T4.3T4.4T
Cash1.8T2.0T2.6T3.2T4.3T4.6T
Long Term Debt59.0T59.0T66.5T97.9T92.5T97.1T
Net Receivables7.8T8.0T8.2T10.2T11.7T6.1T
Short Term Investments1.6T2.8T1.9T4.3T2.8T2.9T
Inventory7.1T6.7T7.6T9.9T8.9T4.5T
Other Current Assets750.6B1.0T1.8T1.2T2.1T2.2T
Total Liab128.7T132.5T145.8T192.8T202.5T212.6T
Property Plant Equipment164.7T168.7T173.1T178.1T204.8T215.0T
Intangible Assets513.5B1.1T1.0T377.0B980.7B774.2B
Short Long Term Debt Total65.4T63.7T70.9T102.1T137.4T144.3T
Property Plant And Equipment Net165.3T168.7T173.1T178.4T170.1T125.5T
Current Deferred Revenue621.9B4.4T699.6B789.0B6.0T6.3T
Net Debt8.0T2.6T63.9T928.4B133.1T139.8T
Non Current Assets Total178.1T182.6T189.1T205.1T210.2T139.2T
Non Currrent Assets Other2.3T2.3T2.5T2.9T27.3T28.6T
Cash And Short Term Investments3.4T4.8T4.5T7.5T7.4T3.8T
Liabilities And Stockholders Equity197.6T203.1T211.1T234.8T239.7T155.7T
Non Current Liabilities Total104.5T106.6T114.1T148.3T141.2T76.7T
Other Stockholder Equity15.4T15.4T15.4T15.4T2.4T2.3T
Total Current Assets19.5T20.6T22.1T29.8T29.5T16.5T
Accumulated Other Comprehensive Income(280.7B)(409.6B)(57.6B)497.0B18.3T19.2T
Short Term Debt2.0T576.7B583.6B614.0B41.7T43.8T
Good Will98.0B98.2B105.6B100.1B99.2B51.7B
Deferred Long Term Liab92.4B90.1B69.1B51.0B58.7B65.5B
Long Term Investments8.5T8.6T10.4T12.3T12.3T8.2T
Net Tangible Assets66.4T68.2T66.3T39.5T45.5T55.1T
Long Term Debt Total63.5T63.1T70.3T101.5T116.7T60.4T

Pair Trading with Korea Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Korea Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Korea Electric will appreciate offsetting losses from the drop in the long position's value.

Moving against Korea Stock

  0.7CMS-PB Consumers EnergyPairCorr
  0.55CMS-PC CMS EnergyPairCorr
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  0.39DTE DTE EnergyPairCorr
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The ability to find closely correlated positions to Korea Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korea Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Korea Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Korea Electric Power to buy it.
The correlation of Korea Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Korea Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korea Electric Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Korea Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Korea Stock Analysis

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