North Income Before Tax vs Ebitda Analysis

NOA Stock  USD 19.74  0.13  0.66%   
North American financial indicator trend analysis is infinitely more than just investigating North American Const recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether North American Const is a good investment. Please check the relationship between North American Income Before Tax and its Ebitda accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of North American Const Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between North American's Income Before Tax and Ebitda is 0.92. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of North American Construction, assuming nothing else is changed. The correlation between historical values of North American's Income Before Tax and Ebitda 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 North American Construction are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., North American's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Ebitda

Most indicators from North American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into North American Const 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 North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At present, North American's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.08, whereas Selling General Administrative is forecasted to decline to about 31.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue654.1M769.5M957.2M605.0M
Interest Expense18.0M23.5M36.9M38.8M

North American fundamental ratios Correlations

0.880.980.07-0.580.390.99-0.340.990.930.810.920.96-0.190.920.720.640.730.730.18-0.410.230.930.540.440.89
0.880.90.09-0.760.390.82-0.270.810.710.690.670.88-0.470.670.740.390.730.73-0.12-0.60.310.90.670.170.82
0.980.90.2-0.590.250.98-0.290.960.930.730.831.0-0.290.910.80.520.780.780.01-0.40.090.950.530.260.94
0.070.090.20.16-0.60.110.410.060.19-0.28-0.020.220.070.160.390.010.310.31-0.240.18-0.530.220.1-0.430.24
-0.58-0.76-0.590.16-0.29-0.51-0.12-0.5-0.36-0.5-0.34-0.580.74-0.34-0.33-0.09-0.34-0.340.30.83-0.4-0.56-0.38-0.02-0.69
0.390.390.25-0.6-0.290.3-0.50.370.150.40.480.180.10.18-0.110.52-0.07-0.070.57-0.510.80.240.340.590.09
0.990.820.980.11-0.510.3-0.330.990.970.790.90.97-0.170.960.730.610.740.740.15-0.310.120.910.480.420.9
-0.34-0.27-0.290.41-0.12-0.5-0.33-0.34-0.36-0.36-0.36-0.27-0.22-0.36-0.34-0.37-0.26-0.26-0.27-0.18-0.15-0.35-0.13-0.40.0
0.990.810.960.06-0.50.370.99-0.340.950.810.950.94-0.110.940.680.680.70.70.25-0.340.190.90.480.490.87
0.930.710.930.19-0.360.150.97-0.360.950.740.850.94-0.110.990.780.560.760.760.1-0.1-0.080.880.420.380.84
0.810.690.73-0.28-0.50.40.79-0.360.810.740.810.74-0.280.720.610.430.660.660.14-0.190.250.760.60.570.67
0.920.670.83-0.02-0.340.480.9-0.360.950.850.810.80.130.860.540.810.580.580.51-0.240.290.810.440.670.71
0.960.881.00.22-0.580.180.97-0.270.940.940.740.8-0.320.920.830.470.810.81-0.06-0.340.020.950.520.210.95
-0.19-0.47-0.290.070.740.1-0.17-0.22-0.11-0.11-0.280.13-0.32-0.08-0.320.46-0.27-0.270.780.480.01-0.26-0.390.41-0.47
0.920.670.910.16-0.340.180.96-0.360.940.990.720.860.92-0.080.720.590.680.680.15-0.11-0.060.860.390.410.83
0.720.740.80.39-0.33-0.110.73-0.340.680.780.610.540.83-0.320.720.220.90.9-0.30.04-0.30.880.540.010.7
0.640.390.520.01-0.090.520.61-0.370.680.560.430.810.470.460.590.220.220.220.78-0.190.450.530.220.790.35
0.730.730.780.31-0.34-0.070.74-0.260.70.760.660.580.81-0.270.680.90.221.0-0.23-0.02-0.170.810.470.090.72
0.730.730.780.31-0.34-0.070.74-0.260.70.760.660.580.81-0.270.680.90.221.0-0.23-0.02-0.170.810.470.090.72
0.18-0.120.01-0.240.30.570.15-0.270.250.10.140.51-0.060.780.15-0.30.78-0.23-0.230.020.470.0-0.060.77-0.16
-0.41-0.6-0.40.180.83-0.51-0.31-0.18-0.34-0.1-0.19-0.24-0.340.48-0.110.04-0.19-0.02-0.020.02-0.66-0.28-0.3-0.02-0.47
0.230.310.09-0.53-0.40.80.12-0.150.19-0.080.250.290.020.01-0.06-0.30.45-0.17-0.170.47-0.660.050.260.550.03
0.930.90.950.22-0.560.240.91-0.350.90.880.760.810.95-0.260.860.880.530.810.810.0-0.280.050.570.30.84
0.540.670.530.1-0.380.340.48-0.130.480.420.60.440.52-0.390.390.540.220.470.47-0.06-0.30.260.570.220.44
0.440.170.26-0.43-0.020.590.42-0.40.490.380.570.670.210.410.410.010.790.090.090.77-0.020.550.30.220.09
0.890.820.940.24-0.690.090.90.00.870.840.670.710.95-0.470.830.70.350.720.72-0.16-0.470.030.840.440.09
Click cells to compare fundamentals

North American Account Relationship Matchups

North American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets792.7M838.9M869.3M979.5M1.5B1.6B
Total Stockholder Equity180.1M248.4M278.5M305.9M356.7M374.5M
Non Current Assets Total675.3M719.0M722.1M749.2M1.3B1.3B
Non Currrent Assets Other7.1M6.2M6M5.3M6.6M6.9M
Other Assets22.4M23.0M6M3.2M2.9M2.7M
Common Stock Shares Outstanding32.8M32.3M33.9M34.0M33.0M34.6M
Liabilities And Stockholders Equity792.7M838.9M869.3M979.5M1.5B1.6B
Non Current Liabilities Total455.2M481.3M429.8M481.3M865.8M909.1M
Other Stockholder Equity34.0M28.5M19.7M5.7M4.6M4.3M
Total Liab612.5M590.5M590.8M673.6M1.2B1.2B
Short Long Term Debt Total432.1M446.2M395.2M435.4M717.1M752.9M
Other Current Liab15.2M20.0M34.5M57.7M108.5M113.9M
Total Current Liabilities157.3M109.2M161.0M192.3M324.0M340.2M
Property Plant And Equipment Net609.6M651.9M655.7M660.5M1.2B1.2B
Current Deferred Revenue23K1.5M3.3M1.4M59K56.1K
Net Debt426.6M402.3M378.6M366.2M628.4M659.9M
Retained Earnings(79.9M)(35.2M)11.9M70.5M123.0M129.2M
Accounts Payable88.2M41.4M76.3M102.5M146.2M79.8M
Cash5.5M43.9M16.6M69.1M88.6M93.0M
Cash And Short Term Investments5.5M43.9M16.6M69.1M88.6M93.0M
Net Receivables85.9M39.1M74.2M89.0M117.3M96.8M
Common Stock Total Equity231.0M221.8M226.0M255.1M293.3M222.7M
Inventory21.6M19.2M44.5M49.9M65.0M68.2M
Other Current Assets4.2M17.6M11.9M22.3M24.3M25.5M
Total Current Assets117.4M120.0M147.2M230.4M295.2M152.0M
Short Term Debt53.9M47.2M48.0M44.6M94.4M99.2M
Intangible Assets0.0378K3.9M6.8M7.0M3.6M
Common Stock226.0M255.1M246.9M229.5M263.9M269.0M
Other Liab77.0M83.0M82.6M90.5M104.0M59.5M
Net Tangible Assets180.1M248.4M274.1M298.6M343.4M360.6M
Long Term Debt313.4M341.5M306.0M358.1M611.3M641.9M
Long Term Investments42.9M44.1M56.0M75.6M81.4M85.5M
Short Long Term Debt18.5M16.3M19.7M20.6M92.7M97.3M
Treasury Stock(11.7M)(15.9M)(18.0M)(17.8M)(16.0M)(15.2M)
Property Plant Equipment609.6M651.9M655.7M660.5M759.6M387.2M
Long Term Debt Total360.5M384.1M335.7M378.5M435.2M248.9M
Capital Surpluse49.9M46.5M37.5M22.1M25.4M41.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in North American Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of North American. If investors know North will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about North American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.196
Dividend Share
0.4
Earnings Share
1.36
Revenue Per Share
44.139
Quarterly Revenue Growth
0.457
The market value of North American Const is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North American's value that differs from its market value or its book value, called intrinsic value, which is North American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because North American's market value can be influenced by many factors that don't directly affect North American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.