Old Income Before Tax vs Net Income From Continuing Ops Analysis

OSBC Stock  USD 18.60  0.13  0.69%   
Old Second financial indicator trend analysis is much more than just breaking down Old Second Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Old Second Bancorp is a good investment. Please check the relationship between Old Second Income Before Tax and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Second Bancorp. 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 labor statistics.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Old Second Bancorp Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Old Second's Income Before Tax and Net Income From Continuing Ops is 0.83. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Old Second Bancorp, assuming nothing else is changed. The correlation between historical values of Old Second's Income Before Tax and Net Income From Continuing Ops 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 Old Second Bancorp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Old Second's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Old Second income statement and is an important metric when analyzing Old Second Bancorp 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 From Continuing Ops

Most indicators from Old Second's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Old Second Bancorp 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 Old Second Bancorp. 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 labor statistics.
At present, Old Second's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 9.10, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.31.
 2021 2022 2023 2024 (projected)
Interest Expense8.5M10.3M40.0M22.6M
Depreciation And Amortization3.8M6.7M6.9M7.3M

Old Second fundamental ratios Correlations

0.71-0.010.610.960.830.00.880.520.770.56-0.430.910.810.610.950.580.980.050.610.86-0.610.670.770.980.51
0.71-0.370.910.770.420.60.78-0.040.910.87-0.430.450.770.90.690.80.71-0.310.970.77-0.480.430.570.770.2
-0.01-0.37-0.49-0.130.25-0.78-0.270.72-0.39-0.460.480.31-0.3-0.48-0.15-0.69-0.050.76-0.49-0.110.480.11-0.06-0.110.47
0.610.91-0.490.720.270.570.74-0.070.970.97-0.710.310.651.00.660.710.66-0.610.950.65-0.530.260.590.72-0.13
0.960.77-0.130.720.70.10.970.430.840.63-0.560.820.880.720.950.590.92-0.150.710.93-0.690.690.720.970.36
0.830.420.250.270.7-0.220.570.580.460.29-0.120.830.50.280.70.350.820.350.270.59-0.370.70.670.760.69
0.00.6-0.780.570.1-0.220.23-0.820.440.56-0.12-0.350.350.560.050.770.02-0.480.660.2-0.16-0.04-0.030.08-0.19
0.880.78-0.270.740.970.570.230.270.830.63-0.580.70.930.740.890.640.82-0.260.740.93-0.740.690.640.90.26
0.52-0.040.72-0.070.430.58-0.820.270.11-0.08-0.170.760.12-0.050.43-0.380.490.39-0.130.3-0.150.360.440.460.39
0.770.91-0.390.970.840.460.440.830.110.93-0.690.520.740.970.810.720.82-0.470.920.76-0.60.390.70.860.03
0.560.87-0.460.970.630.290.560.63-0.080.93-0.670.250.540.970.580.680.63-0.580.910.54-0.440.150.60.68-0.1
-0.43-0.430.48-0.71-0.56-0.12-0.12-0.58-0.17-0.69-0.67-0.26-0.38-0.71-0.57-0.3-0.50.78-0.56-0.370.64-0.09-0.5-0.560.48
0.910.450.310.310.820.83-0.350.70.760.520.25-0.260.630.320.850.270.870.30.330.73-0.490.660.680.850.58
0.810.77-0.30.650.880.50.350.930.120.740.54-0.380.630.640.840.720.74-0.150.710.96-0.640.770.420.810.33
0.610.9-0.481.00.720.280.560.74-0.050.970.97-0.710.320.640.660.690.66-0.610.940.65-0.530.250.60.72-0.13
0.950.69-0.150.660.950.70.050.890.430.810.58-0.570.850.840.660.610.95-0.10.650.87-0.620.660.670.970.28
0.580.8-0.690.710.590.350.770.64-0.380.720.68-0.30.270.720.690.610.6-0.290.780.6-0.50.340.440.620.18
0.980.71-0.050.660.920.820.020.820.490.820.63-0.50.870.740.660.950.6-0.010.630.79-0.570.570.810.990.43
0.05-0.310.76-0.61-0.150.35-0.48-0.260.39-0.47-0.580.780.3-0.15-0.61-0.1-0.29-0.01-0.48-0.060.510.22-0.15-0.10.73
0.610.97-0.490.950.710.270.660.74-0.130.920.91-0.560.330.710.940.650.780.63-0.480.69-0.490.330.520.7-0.03
0.860.77-0.110.650.930.590.20.930.30.760.54-0.370.730.960.650.870.60.79-0.060.69-0.590.80.450.850.41
-0.61-0.480.48-0.53-0.69-0.37-0.16-0.74-0.15-0.6-0.440.64-0.49-0.64-0.53-0.62-0.5-0.570.51-0.49-0.59-0.42-0.59-0.63-0.05
0.670.430.110.260.690.7-0.040.690.360.390.15-0.090.660.770.250.660.340.570.220.330.8-0.420.220.610.5
0.770.57-0.060.590.720.67-0.030.640.440.70.6-0.50.680.420.60.670.440.81-0.150.520.45-0.590.220.80.27
0.980.77-0.110.720.970.760.080.90.460.860.68-0.560.850.810.720.970.620.99-0.10.70.85-0.630.610.80.36
0.510.20.47-0.130.360.69-0.190.260.390.03-0.10.480.580.33-0.130.280.180.430.73-0.030.41-0.050.50.270.36
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Old Second Account Relationship Matchups

Old Second fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B3.0B6.2B5.9B5.7B6.0B
Short Long Term Debt Total157.2M116.9M167.6M228.7M490.2M514.7M
Other Current Liab(48.5M)2.5B5.5B(99M)(405M)(384.8M)
Total Current Liabilities48.5M23.4M19.1M90M3.9B4.1B
Total Stockholder Equity277.9M307.1M502.0M461.1M577.3M606.1M
Property Plant And Equipment Net44.4M45.5M88.0M76.9M79.3M44.7M
Net Debt106.5M(236.4M)(603.6M)113.5M390.0M409.5M
Retained Earnings213.7M236.6M252.0M310.5M393.3M413.0M
Cash50.6M329.9M752.1M115.2M100.1M108.6M
Non Current Assets Total556.2M566.7M1.9B1.7B5.6B5.9B
Non Currrent Assets Other(11.5M)(8.1M)(6.1M)(49.3M)4.2B4.4B
Other Assets1.4B1.5B1.7B2.2B15.9M15.1M
Cash And Short Term Investments535.3M826.1M2.4B1.7B1.2B1.3B
Common Stock Shares Outstanding30.4M30.2M30.7M45.2M45.4M47.7M
Liabilities And Stockholders Equity2.6B3.0B6.2B5.9B5.7B6.0B
Non Current Liabilities Total108.7M93.5M148.5M90M5.1B5.4B
Other Stockholder Equity24.7M20.8M196.5M199.0M202.0M212.1M
Total Liab2.4B93.5M148.5M5.4B5.1B5.4B
Property Plant And Equipment Gross44.4M45.5M161.5M144.8M153.3M160.9M
Total Current Assets655.0M967.7M2.6B1.9B100.1M95.1M
Short Term Debt48.5M23.4M19.1M99M405M425.3M
Accumulated Other Comprehensive Income4.6M14.8M8.8M(93.1M)(62.8M)(59.6M)
Common Stock Total Equity34.7M34.9M35.0M44.7M51.4M54.0M
Other Current Assets65.3M342.1M768.0M144.0M105.3M100.0M
Common Stock34.7M34.9M35.0M44.7M51.4M26.4M
Other Liab15.6M36.2M45.1M43.4M49.9M52.4M
Accounts Payable2.1B2.5B5.5B5.1B5.9B6.2B
Long Term Debt108.7M93.5M148.5M138.7M85.2M94.4M
Good Will21.3M20.8M102.6M86.5M99.4M104.4M
Short Term Investments484.6M496.2M1.7B1.5B1.2B1.3B
Inventory(65.3M)(342.1M)(768.0M)(146.9M)(339.7M)(322.8M)
Intangible Assets5.9M4.2M7.1M24.9M21.6M10.9M
Property Plant Equipment49.4M48.0M88.0M73.9M85.0M59.2M
Net Receivables119.8M141.6M158.2M277.4M395.3M415.0M
Retained Earnings Total Equity213.7M236.6M252.0M310.5M357.1M374.9M
Net Tangible Assets256.6M286.3M399.4M361.0M415.1M224.2M
Long Term Debt Total108.7M93.5M148.5M138.7M159.5M122.5M
Capital Surpluse120.7M122.2M202.4M202.3M232.6M136.5M

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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 Old Second Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Second'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 Old Second Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Second Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Second Bancorp. 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 labor statistics.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Regional Banks 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 Old Second. If investors know Old 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 Old Second 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
(0.07)
Dividend Share
0.2
Earnings Share
1.85
Revenue Per Share
5.896
Quarterly Revenue Growth
(0.01)
The market value of Old Second Bancorp is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Second's value that differs from its market value or its book value, called intrinsic value, which is Old Second'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 Old Second's market value can be influenced by many factors that don't directly affect Old Second'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 Old Second's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Second is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Second'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.