OD6 Ebit vs Income Before Tax Analysis

OD6 Stock

0.03 0 8.57%

OD6 Metals financial indicator trend analysis is much more than just breaking down OD6 Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OD6 Metals is a good investment. Please check the relationship between OD6 Metals Ebit and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 OD6 Metals Ebit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between OD6 Metals' Ebit and Income Before Tax is 0.77. 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 OD6 Metals, assuming nothing else is changed. The correlation between historical values of OD6 Metals' 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 OD6 Metals 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., OD6 Metals' Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on OD6 Metals income statement and is an important metric when analyzing OD6 Metals 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 OD6 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OD6 Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 541.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.9 M in 2024.

	2010	2022	2023	2024 (projected)
Interest Income	459.0	125.7K	144.6K	151.8K
Net Interest Income	459.0	125.7K	144.6K	151.8K

Interest Income Net Interest Income

OD6 Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Cash	Cash And Short Term Investments	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Cash And Equivalents	Net Working Capital
Total Assets		-0.56	0.85	0.91	1.0	1.0	0.82	-0.85	-0.94	0.98	0.82	0.99	-0.46	0.97	0.91	0.87	-0.99	1.0	0.84	-0.81	-0.81	-0.76	0.79	-0.56	-0.8	-0.8
Short Long Term Debt Total	-0.56		-0.33	-0.41	-0.57	-0.51	-0.85	0.23	0.74	-0.49	-0.85	-0.61	-0.05	-0.49	-0.41	-0.35	0.61	-0.58	-0.79	0.72	0.72	0.9	-0.57	1.0	0.65	0.63
Other Current Liab	0.85	-0.33		0.99	0.84	0.85	0.66	-0.77	-0.81	0.95	0.66	0.88	-0.39	0.95	0.99	0.79	-0.88	0.85	0.74	-0.69	-0.69	-0.59	0.69	-0.33	-0.73	-0.73
Total Current Liabilities	0.91	-0.41	0.99		0.9	0.9	0.72	-0.8	-0.86	0.98	0.72	0.93	-0.42	0.98	1.0	0.83	-0.93	0.9	0.79	-0.74	-0.74	-0.65	0.73	-0.41	-0.76	-0.77
Total Stockholder Equity	1.0	-0.57	0.84	0.9		1.0	0.82	-0.85	-0.93	0.97	0.82	0.99	-0.46	0.97	0.9	0.87	-0.99	1.0	0.84	-0.81	-0.81	-0.76	0.79	-0.57	-0.8	-0.8
Net Tangible Assets	1.0	-0.51	0.85	0.9	1.0		0.79	-0.86	-0.92	0.97	0.79	0.99	-0.49	0.97	0.9	0.88	-0.99	1.0	0.82	-0.78	-0.78	-0.72	0.78	-0.51	-0.79	-0.79
Property Plant And Equipment Net	0.82	-0.85	0.66	0.72	0.82	0.79		-0.42	-0.97	0.79	1.0	0.85	0.06	0.8	0.72	0.5	-0.85	0.85	0.99	-0.97	-0.97	-0.99	0.91	-0.85	-0.95	-0.94
Net Debt	-0.85	0.23	-0.77	-0.8	-0.85	-0.86	-0.42		0.62	-0.85	-0.42	-0.83	0.85	-0.82	-0.8	-0.99	0.83	-0.82	-0.45	0.37	0.37	0.34	-0.37	0.23	0.38	0.38
Retained Earnings	-0.94	0.74	-0.81	-0.86	-0.93	-0.92	-0.97	0.62		-0.92	-0.97	-0.95	0.15	-0.93	-0.86	-0.68	0.95	-0.95	-0.98	0.95	0.95	0.93	-0.92	0.74	0.94	0.94
Accounts Payable	0.98	-0.49	0.95	0.98	0.97	0.97	0.79	-0.85	-0.92		0.79	0.98	-0.45	1.0	0.98	0.87	-0.98	0.97	0.83	-0.79	-0.79	-0.72	0.78	-0.49	-0.8	-0.8
Non Current Assets Total	0.82	-0.85	0.66	0.72	0.82	0.79	1.0	-0.42	-0.97	0.79		0.85	0.06	0.8	0.72	0.5	-0.85	0.85	0.99	-0.97	-0.97	-0.99	0.91	-0.85	-0.95	-0.94
Non Currrent Assets Other	0.99	-0.61	0.88	0.93	0.99	0.99	0.85	-0.83	-0.95	0.98	0.85		-0.44	0.98	0.93	0.87	-1.0	0.99	0.87	-0.82	-0.82	-0.79	0.79	-0.61	-0.82	-0.82
Common Stock Shares Outstanding	-0.46	-0.05	-0.39	-0.42	-0.46	-0.49	0.06	0.85	0.15	-0.45	0.06	-0.44		-0.41	-0.42	-0.82	0.44	-0.41	0.04	-0.15	-0.15	-0.11	0.16	-0.05	-0.15	-0.15
Other Current Assets	0.97	-0.49	0.95	0.98	0.97	0.97	0.8	-0.82	-0.93	1.0	0.8	0.98	-0.41		0.98	0.85	-0.98	0.97	0.85	-0.81	-0.81	-0.74	0.81	-0.49	-0.83	-0.83
Total Liab	0.91	-0.41	0.99	1.0	0.9	0.9	0.72	-0.8	-0.86	0.98	0.72	0.93	-0.42	0.98		0.83	-0.93	0.9	0.79	-0.74	-0.74	-0.65	0.73	-0.41	-0.76	-0.77
Total Current Assets	0.87	-0.35	0.79	0.83	0.87	0.88	0.5	-0.99	-0.68	0.87	0.5	0.87	-0.82	0.85	0.83		-0.87	0.84	0.52	-0.43	-0.43	-0.43	0.4	-0.35	-0.43	-0.43
Short Term Debt	-0.99	0.61	-0.88	-0.93	-0.99	-0.99	-0.85	0.83	0.95	-0.98	-0.85	-1.0	0.44	-0.98	-0.93	-0.87		-0.99	-0.87	0.82	0.82	0.79	-0.79	0.61	0.82	0.82
Common Stock	1.0	-0.58	0.85	0.9	1.0	1.0	0.85	-0.82	-0.95	0.97	0.85	0.99	-0.41	0.97	0.9	0.84	-0.99		0.87	-0.84	-0.84	-0.78	0.83	-0.58	-0.84	-0.83
Property Plant Equipment	0.84	-0.79	0.74	0.79	0.84	0.82	0.99	-0.45	-0.98	0.83	0.99	0.87	0.04	0.85	0.79	0.52	-0.87	0.87		-0.98	-0.98	-0.97	0.93	-0.79	-0.97	-0.97
Cash	-0.81	0.72	-0.69	-0.74	-0.81	-0.78	-0.97	0.37	0.95	-0.79	-0.97	-0.82	-0.15	-0.81	-0.74	-0.43	0.82	-0.84	-0.98		1.0	0.95	-0.98	0.72	0.99	0.99
Cash And Short Term Investments	-0.81	0.72	-0.69	-0.74	-0.81	-0.78	-0.97	0.37	0.95	-0.79	-0.97	-0.82	-0.15	-0.81	-0.74	-0.43	0.82	-0.84	-0.98	1.0		0.95	-0.98	0.72	0.99	0.99
Net Invested Capital	-0.76	0.9	-0.59	-0.65	-0.76	-0.72	-0.99	0.34	0.93	-0.72	-0.99	-0.79	-0.11	-0.74	-0.65	-0.43	0.79	-0.78	-0.97	0.95	0.95		-0.87	0.9	0.91	0.91
Property Plant And Equipment Gross	0.79	-0.57	0.69	0.73	0.79	0.78	0.91	-0.37	-0.92	0.78	0.91	0.79	0.16	0.81	0.73	0.4	-0.79	0.83	0.93	-0.98	-0.98	-0.87		-0.57	-0.99	-0.99
Capital Stock	-0.56	1.0	-0.33	-0.41	-0.57	-0.51	-0.85	0.23	0.74	-0.49	-0.85	-0.61	-0.05	-0.49	-0.41	-0.35	0.61	-0.58	-0.79	0.72	0.72	0.9	-0.57		0.65	0.63
Cash And Equivalents	-0.8	0.65	-0.73	-0.76	-0.8	-0.79	-0.95	0.38	0.94	-0.8	-0.95	-0.82	-0.15	-0.83	-0.76	-0.43	0.82	-0.84	-0.97	0.99	0.99	0.91	-0.99	0.65		1.0
Net Working Capital	-0.8	0.63	-0.73	-0.77	-0.8	-0.79	-0.94	0.38	0.94	-0.8	-0.94	-0.82	-0.15	-0.83	-0.77	-0.43	0.82	-0.83	-0.97	0.99	0.99	0.91	-0.99	0.63	1.0

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OD6 Metals Account Relationship Matchups

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OD6 Ebit vs Income Before Tax Analysis

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Ebit

Income Before Tax

OD6 Metals fundamental ratios Correlations

OD6 Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Capital Stock	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity

Short Term Debt	- 1.0	Non Currrent Assets Other
Net Working Capital	- 0.99	Property Plant And Equipment Gross
Cash And Equivalents	- 0.99	Property Plant And Equipment Gross
Common Stock	- 0.99	Short Term Debt
Net Invested Capital	- 0.99	Non Current Assets Total
Total Current Assets	- 0.99	Net Debt