Keysight Operating Income vs Income Before Tax Analysis

KEYS Stock  USD 170.28  0.15  0.09%   
Keysight Technologies financial indicator trend analysis is infinitely more than just investigating Keysight Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keysight Technologies is a good investment. Please check the relationship between Keysight Technologies Operating Income and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keysight Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Keysight Stock please use our How to Invest in Keysight Technologies guide.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keysight Technologies Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Keysight Technologies' Operating Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Keysight Technologies, assuming nothing else is changed. The correlation between historical values of Keysight Technologies' Operating 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 Operating Income of Keysight Technologies 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 Operating Income i.e., Keysight Technologies' Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Keysight Technologies 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 Keysight Technologies 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Keysight Technologies income statement and is an important metric when analyzing Keysight Technologies 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 Keysight Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keysight Technologies 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 Keysight Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Keysight Stock please use our How to Invest in Keysight Technologies guide.At this time, Keysight Technologies' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 15.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.5B3.5B4.1B2.5B
Total Revenue5.4B5.5B6.3B4.2B

Keysight Technologies fundamental ratios Correlations

0.830.760.790.770.780.670.760.750.850.80.760.810.770.780.720.760.86-0.370.830.670.760.50.630.870.68
0.830.870.760.970.770.90.950.930.960.950.850.880.960.930.820.940.94-0.540.960.90.970.350.870.950.75
0.760.870.820.870.540.830.880.820.770.790.760.820.910.710.580.920.74-0.620.810.830.910.160.850.80.76
0.790.760.820.780.450.780.80.740.690.660.660.910.80.650.470.820.65-0.810.690.780.790.120.790.750.91
0.770.970.870.780.620.960.990.910.90.90.830.850.980.870.650.980.86-0.640.850.960.970.180.940.910.81
0.780.770.540.450.620.470.580.610.860.790.680.650.580.810.950.550.91-0.030.880.470.650.70.380.80.37
0.670.90.830.780.960.470.970.870.790.810.770.850.940.770.540.970.74-0.770.771.00.95-0.040.980.810.85
0.760.950.880.80.990.580.970.910.880.890.820.850.980.860.620.980.83-0.660.840.970.970.140.950.90.81
0.750.930.820.740.910.610.870.910.870.920.850.840.950.820.730.880.85-0.610.880.870.930.240.880.850.77
0.850.960.770.690.90.860.790.880.870.950.80.80.880.970.880.840.98-0.360.960.790.880.570.740.980.61
0.80.950.790.660.90.790.810.890.920.950.880.820.890.890.860.850.93-0.40.940.810.90.410.760.930.67
0.760.850.760.660.830.680.770.820.850.80.880.780.830.660.680.790.83-0.410.810.770.850.190.720.740.73
0.810.880.820.910.850.650.850.850.840.80.820.780.860.760.690.870.8-0.760.840.850.90.150.820.830.93
0.770.960.910.80.980.580.940.980.950.880.890.830.860.840.650.970.83-0.670.860.940.970.180.940.890.81
0.780.930.710.650.870.810.770.860.820.970.890.660.760.840.850.810.93-0.380.920.770.840.570.740.970.56
0.720.820.580.470.650.950.540.620.730.880.860.680.690.650.850.590.91-0.150.930.540.710.650.480.820.41
0.760.940.920.820.980.550.970.980.880.840.850.790.870.970.810.590.79-0.710.820.970.980.080.950.860.84
0.860.940.740.650.860.910.740.830.850.980.930.830.80.830.930.910.79-0.310.970.740.860.580.690.930.6
-0.37-0.54-0.62-0.81-0.64-0.03-0.77-0.66-0.61-0.36-0.4-0.41-0.76-0.67-0.38-0.15-0.71-0.31-0.39-0.77-0.660.38-0.8-0.44-0.89
0.830.960.810.690.850.880.770.840.880.960.940.810.840.860.920.930.820.97-0.390.770.90.510.730.930.62
0.670.90.830.780.960.471.00.970.870.790.810.770.850.940.770.540.970.74-0.770.770.95-0.040.980.810.85
0.760.970.910.790.970.650.950.970.930.880.90.850.90.970.840.710.980.86-0.660.90.950.140.930.880.82
0.50.350.160.120.180.7-0.040.140.240.570.410.190.150.180.570.650.080.580.380.51-0.040.14-0.070.52-0.15
0.630.870.850.790.940.380.980.950.880.740.760.720.820.940.740.480.950.69-0.80.730.980.93-0.070.770.84
0.870.950.80.750.910.80.810.90.850.980.930.740.830.890.970.820.860.93-0.440.930.810.880.520.770.66
0.680.750.760.910.810.370.850.810.770.610.670.730.930.810.560.410.840.6-0.890.620.850.82-0.150.840.66
Click cells to compare fundamentals

Keysight Technologies Account Relationship Matchups

Keysight Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B7.8B8.1B8.7B10.0B5.9B
Other Current Liab316M388M390M493M567.0M367.6M
Total Current Liabilities1.1B1.3B1.4B2.0B2.4B2.5B
Total Stockholder Equity3.3B3.8B4.2B4.7B5.4B2.7B
Other Liab902M706M551M593M682.0M623.2M
Property Plant And Equipment Net777M877M910M987M1.1B703.5M
Current Deferred Revenue391M478M495M541M622.2M346.9M
Accounts Payable224M287M348M286M328.9M248.3M
Non Current Assets Total3.8B3.9B3.9B3.9B4.5B3.1B
Non Currrent Assets Other368M389M454M340M391M245.3M
Other Assets1.1B1.1B1.1B1.0B1.2B710.1M
Cash And Short Term Investments1.8B2.1B2.0B2.5B2.8B3.0B
Net Receivables606M735M905M900M1.0B635.4M
Good Will1.5B1.6B1.6B1.6B1.9B1.2B
Liabilities And Stockholders Equity7.2B7.8B8.1B8.7B10.0B5.9B
Non Current Liabilities Total2.8B2.7B2.5B2.0B2.3B2.1B
Inventory757M777M858M985M1.1B707.9M
Other Current Assets255M270M230M242M278.3M200.5M
Other Stockholder Equity1.4B794M59M(493M)(443.7M)(421.5M)
Total Liab3.9B4.0B3.9B4.0B4.6B3.2B
Property Plant And Equipment Gross777M877M910M987M1.1B703.5M
Total Current Assets3.4B3.8B4.2B4.8B5.5B2.9B
Accumulated Other Comprehensive Income(599M)(442M)(454M)(466M)(419.4M)(440.4M)
Intangible Assets361M272M189M155M178.3M319.6M
Property Plant Equipment595M877M910M987M1.1B686.8M
Short Long Term Debt Total2.0B2.0B2.0B2.0B2.3B1.9B
Net Tangible Assets1.4B1.9B2.4B2.9B3.3B3.5B
Net Debt225M(29M)(24M)(446M)(401.4M)(381.3M)
Retained Earnings2.5B3.4B4.6B5.6B6.5B6.8B
Cash1.8B2.1B2.0B2.5B2.8B1.5B
Long Term Debt1.8B1.8B1.8B1.2B1.4B1.6B
Deferred Long Term Liab176M175M187M197M226.6M135.2M
Retained Earnings Total Equity1.9B2.5B3.4B4.6B5.2B5.5B
Long Term Debt Total1.8B1.8B1.8B1.8B2.1B1.7B

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Additional Tools for Keysight Stock Analysis

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