Littelfuse Ebit vs Income Before Tax Analysis

LFUS Stock  USD 251.39  7.57  3.10%   
Littelfuse financial indicator trend analysis is infinitely more than just investigating Littelfuse recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Littelfuse is a good investment. Please check the relationship between Littelfuse Ebit and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Littelfuse. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Littelfuse Stock please use our How to Invest in Littelfuse guide.

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Littelfuse Ebit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Littelfuse's Ebit and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Littelfuse, assuming nothing else is changed. The correlation between historical values of Littelfuse's Ebit 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 Ebit of Littelfuse 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 Ebit i.e., Littelfuse's Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Littelfuse income statement and is an important metric when analyzing Littelfuse 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 Littelfuse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Littelfuse 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 Littelfuse. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Littelfuse Stock please use our How to Invest in Littelfuse guide.At this time, Littelfuse's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 51.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit771.9M1.0B900.2M945.3M
Total Revenue2.1B2.5B2.4B2.5B

Littelfuse fundamental ratios Correlations

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0.990.950.910.880.990.80.990.930.870.990.860.870.940.90.940.970.90.940.960.890.98-0.10.970.990.83
1.00.970.930.890.990.850.980.950.851.00.830.850.950.890.960.980.890.950.980.870.98-0.130.980.990.84
0.840.890.820.730.80.850.80.790.540.870.720.540.770.620.880.850.770.770.870.750.75-0.20.920.870.7
0.980.930.890.880.990.980.80.910.840.980.890.830.940.860.920.960.920.90.950.910.96-0.050.960.970.8
0.950.930.970.910.930.950.790.910.840.930.690.840.960.880.930.950.820.920.960.720.95-0.170.910.930.83
0.880.860.840.770.870.850.540.840.840.840.611.00.890.930.860.780.670.90.870.650.93-0.160.770.850.78
1.00.980.930.870.991.00.870.980.930.840.850.840.940.880.970.970.890.950.980.890.96-0.170.991.00.84
0.830.760.670.650.860.830.720.890.690.610.850.610.730.630.770.80.830.710.770.970.76-0.120.860.840.63
0.870.860.830.770.870.850.540.830.841.00.840.610.890.930.860.770.670.890.870.640.93-0.150.760.850.78
0.960.940.960.90.940.950.770.940.960.890.940.730.890.930.930.910.830.910.960.760.97-0.120.910.940.82
0.910.880.90.830.90.890.620.860.880.930.880.630.930.930.870.840.750.950.90.670.94-0.120.820.890.84
0.970.990.940.810.940.960.880.920.930.860.970.770.860.930.870.910.80.950.990.810.94-0.310.960.980.86
0.970.930.920.940.970.980.850.960.950.780.970.80.770.910.840.910.930.910.950.830.950.010.970.960.8
0.890.820.820.890.90.890.770.920.820.670.890.830.670.830.750.80.930.770.850.840.870.150.890.870.64
0.960.940.920.820.940.950.770.90.920.90.950.710.890.910.950.950.910.770.950.760.95-0.230.910.960.86
0.990.990.960.880.960.980.870.950.960.870.980.770.870.960.90.990.950.850.950.80.97-0.190.970.980.86
0.860.790.690.650.890.870.750.910.720.650.890.970.640.760.670.810.830.840.760.80.79-0.190.880.880.68
0.980.950.940.920.980.980.750.960.950.930.960.760.930.970.940.940.950.870.950.970.79-0.070.930.960.84
-0.14-0.2-0.150.23-0.1-0.13-0.2-0.05-0.17-0.16-0.17-0.12-0.15-0.12-0.12-0.310.010.15-0.23-0.19-0.19-0.07-0.15-0.2-0.33
0.980.970.910.860.970.980.920.960.910.770.990.860.760.910.820.960.970.890.910.970.880.93-0.150.980.81
0.990.980.920.850.990.990.870.970.930.851.00.840.850.940.890.980.960.870.960.980.880.96-0.20.980.85
0.850.840.830.70.830.840.70.80.830.780.840.630.780.820.840.860.80.640.860.860.680.84-0.330.810.85
Click cells to compare fundamentals

Littelfuse Account Relationship Matchups

Littelfuse fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.2B3.9B4.0B4.2B
Short Long Term Debt Total696.3M700.0M659.2M1.0B933.5M980.2M
Other Current Liab98.2M100.7M149.6M171.6M134.9M141.7M
Total Current Liabilities225.6M275.6M434.6M572.3M375.5M394.3M
Total Stockholder Equity1.5B1.6B1.9B2.2B2.5B2.6B
Property Plant And Equipment Net366.5M361.8M467.5M538.5M555.5M583.3M
Net Debt165.2M12.5M180.7M484.6M378.0M396.9M
Retained Earnings950.9M1.0B1.3B1.6B1.8B1.9B
Accounts Payable117.3M146.0M222.0M208.6M173.5M182.2M
Cash531.1M687.5M478.5M562.6M555.5M583.3M
Non Current Assets Total1.6B1.5B1.9B2.4B2.6B2.7B
Non Currrent Assets Other15.0M18.0M24.7M34.1M76.0M79.8M
Cash And Short Term Investments531.2M687.6M478.5M562.7M555.7M583.5M
Net Receivables207.1M235.8M277.2M306.6M287.0M301.4M
Common Stock Shares Outstanding24.8M24.6M24.9M25.0M25.1M24.9M
Liabilities And Stockholders Equity2.6B2.7B3.2B3.9B4.0B4.2B
Non Current Liabilities Total838.3M863.2M823.6M1.1B1.1B1.2B
Inventory237.5M258.0M445.7M547.7M474.6M498.3M
Other Current Assets28.6M35.9M68.8M94.1M91.2M95.8M
Other Stockholder Equity651.7M665.5M698.5M721.2M753.1M790.7M
Total Liab1.1B1.1B1.3B1.7B1.5B1.6B
Property Plant And Equipment Gross366.5M344.2M467.5M481.1M1.1B1.2B
Total Current Assets1.0B1.2B1.3B1.5B1.4B1.5B
Accumulated Other Comprehensive Income(106.8M)(91.2M)(73.5M)(95.8M)(55.8M)(53.0M)
Intangible Assets321.2M291.9M407.1M594.0M606.1M636.4M
Good Will820.6M816.8M929.8M1.2B1.3B1.4B
Common Stock Total Equity256K259K260K261K300.2K236.7K
Common Stock256K259K260K261K262K248.1K
Other Liab152.0M163.2M189.3M207.8M238.9M250.9M
Other Assets23.0M77.4M37.9M48.4M55.7M58.5M
Long Term Debt669.2M687.0M611.9M866.6M857.9M900.8M
Property Plant Equipment344.6M344.2M467.5M481.1M553.3M580.9M
Current Deferred Revenue8.1M3.0M1.1M2.6M2.2M2.1M
Short Term Investments44K54K28K84K235K223.3K
Treasury Stock(116.5M)(216.4M)(242.4M)(248.1M)(223.3M)(212.1M)
Net Tangible Assets371.2M512.9M556.6M2.3B2.6B2.7B
Retained Earnings Total Equity950.9M1.0B1.3B1.6B1.8B1.9B

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Additional Tools for Littelfuse Stock Analysis

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