LBG Income Before Tax vs Net Income Analysis

LBG Stock

126.00 7.00 5.26%

LBG Media financial indicator trend analysis is infinitely more than just investigating LBG Media PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LBG Media PLC is a good investment. Please check the relationship between LBG Media Income Before Tax and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LBG Media PLC. 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.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LBG Media PLC Income Before Tax account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between LBG Media's Income Before Tax and Net Income is 0.9. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of LBG Media PLC, assuming nothing else is changed. The correlation between historical values of LBG Media's Income Before Tax and Net 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 LBG Media PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., LBG Media's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in LBG Media PLC financial statement analysis. It represents the amount of money remaining after all of LBG Media PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from LBG Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LBG Media PLC 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 LBG Media PLC. 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.

The current year's Tax Provision is expected to grow to about 4.5 M, whereas Selling General Administrative is forecasted to decline to about 1.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	40.0M	42.6M	46.4M	27.4M
Total Revenue	54.5M	62.8M	67.5M	39.7M

Gross Profit Total Revenue

LBG Media fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Non Currrent Assets Other	Other Assets
Total Assets		0.38	0.8	0.72	0.89	0.95	0.8	0.84	-0.43	0.97	0.9	0.83	0.85	0.83	0.9	0.89	0.57	0.14	0.72	0.96	0.16	0.81	0.77	-0.12	0.61	0.31
Short Long Term Debt Total	0.38		0.07	0.8	0.06	0.5	-0.14	0.8	0.59	0.18	0.43	0.06	0.48	0.06	0.34	0.33	0.83	-0.43	0.89	0.2	0.83	0.44	0.88	0.36	0.07	0.48
Other Current Liab	0.8	0.07		0.52	0.9	0.82	0.91	0.57	-0.56	0.78	0.81	0.71	0.84	0.71	0.86	0.7	0.35	0.24	0.48	0.79	-0.15	0.84	0.47	-0.26	0.47	0.19
Total Current Liabilities	0.72	0.8	0.52		0.48	0.77	0.34	0.92	0.16	0.56	0.75	0.43	0.75	0.43	0.67	0.77	0.68	-0.21	0.93	0.58	0.74	0.72	0.91	0.09	0.24	0.31
Total Stockholder Equity	0.89	0.06	0.9	0.48		0.89	0.97	0.6	-0.66	0.92	0.74	0.84	0.84	0.84	0.94	0.81	0.32	0.28	0.44	0.91	-0.13	0.82	0.51	-0.29	0.68	0.08
Other Liab	0.95	0.5	0.82	0.77	0.89		0.78	0.88	-0.32	0.88	0.86	0.78	0.93	0.78	0.95	0.84	0.66	0.07	0.79	0.9	0.23	0.89	0.84	-0.07	0.64	0.35
Net Tangible Assets	0.8	-0.14	0.91	0.34	0.97	0.78		0.43	-0.77	0.85	0.65	0.82	0.74	0.82	0.85	0.75	0.13	0.32	0.27	0.86	-0.26	0.74	0.33	-0.41	0.63	-0.03
Property Plant And Equipment Net	0.84	0.8	0.57	0.92	0.6	0.88	0.43		0.11	0.71	0.83	0.49	0.86	0.49	0.79	0.74	0.85	-0.2	0.97	0.68	0.56	0.82	0.97	0.1	0.32	0.41
Net Debt	-0.43	0.59	-0.56	0.16	-0.66	-0.32	-0.77	0.11		-0.55	-0.22	-0.77	-0.16	-0.77	-0.36	-0.45	0.37	-0.51	0.28	-0.64	0.59	-0.14	0.17	0.46	-0.66	0.04
Retained Earnings	0.97	0.18	0.78	0.56	0.92	0.88	0.85	0.71	-0.55		0.84	0.83	0.79	0.83	0.89	0.85	0.44	0.26	0.55	0.96	-0.02	0.76	0.61	-0.16	0.63	0.18
Accounts Payable	0.9	0.43	0.81	0.75	0.74	0.86	0.65	0.83	-0.22	0.84		0.6	0.86	0.6	0.83	0.7	0.7	0.22	0.79	0.79	0.13	0.83	0.73	0.15	0.37	0.42
Cash	0.83	0.06	0.71	0.43	0.84	0.78	0.82	0.49	-0.77	0.83	0.6		0.54	1.0	0.68	0.82	0.19	0.29	0.35	0.95	-0.07	0.48	0.48	-0.29	0.86	0.34
Non Current Assets Total	0.85	0.48	0.84	0.75	0.84	0.93	0.74	0.86	-0.16	0.79	0.86	0.54		0.54	0.97	0.72	0.68	0.0	0.79	0.73	0.22	0.99	0.78	-0.06	0.38	0.16
Cash And Short Term Investments	0.83	0.06	0.71	0.43	0.84	0.78	0.82	0.49	-0.77	0.83	0.6	1.0	0.54		0.68	0.82	0.19	0.29	0.35	0.95	-0.07	0.48	0.48	-0.29	0.86	0.34
Net Receivables	0.9	0.34	0.86	0.67	0.94	0.95	0.85	0.79	-0.36	0.89	0.83	0.68	0.97	0.68		0.79	0.57	0.13	0.68	0.84	0.11	0.96	0.71	-0.13	0.54	0.11
Common Stock Shares Outstanding	0.89	0.33	0.7	0.77	0.81	0.84	0.75	0.74	-0.45	0.85	0.7	0.82	0.72	0.82	0.79		0.3	0.02	0.6	0.89	0.37	0.69	0.69	-0.32	0.57	0.07
Non Current Liabilities Total	0.57	0.83	0.35	0.68	0.32	0.66	0.13	0.85	0.37	0.44	0.7	0.19	0.68	0.19	0.57	0.3		-0.21	0.9	0.39	0.4	0.65	0.85	0.39	0.16	0.63
Other Current Assets	0.14	-0.43	0.24	-0.21	0.28	0.07	0.32	-0.2	-0.51	0.26	0.22	0.29	0.0	0.29	0.13	0.02	-0.21		-0.23	0.26	-0.52	-0.02	-0.25	0.46	0.49	0.05
Total Liab	0.72	0.89	0.48	0.93	0.44	0.79	0.27	0.97	0.28	0.55	0.79	0.35	0.79	0.35	0.68	0.6	0.9	-0.23		0.54	0.63	0.75	0.97	0.25	0.22	0.5
Total Current Assets	0.96	0.2	0.79	0.58	0.91	0.9	0.86	0.68	-0.64	0.96	0.79	0.95	0.73	0.95	0.84	0.89	0.39	0.26	0.54		0.02	0.68	0.63	-0.19	0.77	0.31
Short Term Debt	0.16	0.83	-0.15	0.74	-0.13	0.23	-0.26	0.56	0.59	-0.02	0.13	-0.07	0.22	-0.07	0.11	0.37	0.4	-0.52	0.63	0.02		0.2	0.64	0.14	-0.11	0.07
Intangible Assets	0.81	0.44	0.84	0.72	0.82	0.89	0.74	0.82	-0.14	0.76	0.83	0.48	0.99	0.48	0.96	0.69	0.65	-0.02	0.75	0.68	0.2		0.72	-0.1	0.31	0.09
Property Plant Equipment	0.77	0.88	0.47	0.91	0.51	0.84	0.33	0.97	0.17	0.61	0.73	0.48	0.78	0.48	0.71	0.69	0.85	-0.25	0.97	0.63	0.64	0.72		0.15	0.39	0.49
Current Deferred Revenue	-0.12	0.36	-0.26	0.09	-0.29	-0.07	-0.41	0.1	0.46	-0.16	0.15	-0.29	-0.06	-0.29	-0.13	-0.32	0.39	0.46	0.25	-0.19	0.14	-0.1	0.15		0.04	0.4
Non Currrent Assets Other	0.61	0.07	0.47	0.24	0.68	0.64	0.63	0.32	-0.66	0.63	0.37	0.86	0.38	0.86	0.54	0.57	0.16	0.49	0.22	0.77	-0.11	0.31	0.39	0.04		0.36
Other Assets	0.31	0.48	0.19	0.31	0.08	0.35	-0.03	0.41	0.04	0.18	0.42	0.34	0.16	0.34	0.11	0.07	0.63	0.05	0.5	0.31	0.07	0.09	0.49	0.4	0.36

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LBG Media Account Relationship Matchups

LBG Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.8M	41.0M	68.6M	70.3M	91.3M	50.0M
Short Long Term Debt Total	20.6M	17.9M	3.8M	3.2M	5.5M	7.7M
Other Current Liab	1.9M	2.1M	8.0M	2.9M	8.5M	9.0M
Total Current Liabilities	9.8M	12.0M	12.5M	6.2M	15.7M	11.6M
Total Stockholder Equity	10.7M	14.2M	52.3M	61.2M	65.2M	68.4M
Property Plant And Equipment Net	5.2M	4.6M	3.7M	3.7M	6.0M	4.3M
Net Debt	14.8M	11.0M	(30.6M)	(26.0M)	(10.3M)	(9.8M)
Retained Earnings	10.7M	14.2M	23.1M	32.0M	37.0M	18.6M
Accounts Payable	1.4M	2.0M	2.0M	1.2M	2.8M	1.7M
Cash	5.7M	6.9M	34.3M	29.3M	15.8M	14.4M
Non Current Assets Total	21.9M	20.3M	19.1M	20.3M	46.7M	49.0M
Cash And Short Term Investments	5.7M	6.9M	34.3M	29.3M	15.8M	14.4M
Net Receivables	10.0M	11.3M	13.4M	20.0M	27.5M	28.8M
Liabilities And Stockholders Equity	37.8M	41.0M	68.6M	70.3M	91.3M	50.0M
Non Current Liabilities Total	17.3M	14.7M	3.8M	2.9M	10.5M	8.0M
Other Current Assets	113K	2.1M	1.6M	1.5M	1.4M	1.3M
Total Liab	27.0M	26.7M	16.3M	9.1M	26.2M	19.6M
Total Current Assets	15.9M	20.6M	49.5M	50.0M	44.7M	28.9M
Short Term Debt	4.5M	4.0M	(144K)	1.1M	705K	669.8K
Intangible Assets	6.2M	5.0M	4.5M	5.3M	15.1M	15.9M
Property Plant Equipment	5.9M	5.2M	4.6M	3.7M	4.3M	3.9M
Current Deferred Revenue	736K	5.9M	148K	179K	554K	526.3K
Capital Lease Obligations	5.5M	4.7M	3.8M	3.2M	5.5M	3.8M
Net Invested Capital	25.8M	27.4M	52.3M	61.2M	65.2M	47.7M
Net Working Capital	6.1M	8.6M	37.0M	43.8M	29.0M	21.7M

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Other Information on Investing in LBG Stock

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

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LBG Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

LBG Media fundamental ratios Correlations

LBG Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

LBG Media fundamental ratios Accounts

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Other Information on Investing in LBG Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 0.99	Non Current Assets Total
Retained Earnings	+ 0.97	Total Assets
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Total Liab	+ 0.97	Property Plant And Equipment Net
Property Plant Equipment	+ 0.97	Property Plant And Equipment Net

Cash And Short Term Investments	- 0.77	Net Debt
Cash	- 0.77	Net Debt
Net Debt	- 0.77	Net Tangible Assets
Non Currrent Assets Other	- 0.66	Net Debt
Net Debt	- 0.66	Total Stockholder Equity
Total Current Assets	- 0.64	Net Debt