Ouster Income Before Tax vs Operating Income Analysis

OUST Stock  USD 9.88  0.33  3.46%   
Ouster financial indicator trend analysis is much more than just breaking down Ouster Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ouster Inc is a good investment. Please check the relationship between Ouster Income Before Tax and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ouster Inc Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Ouster's Income Before Tax and Operating Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Ouster Inc, assuming nothing else is changed. The correlation between historical values of Ouster's Income Before Tax and Operating 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 Ouster Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Ouster's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Operating Income

Operating Income is the amount of profit realized from Ouster Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ouster Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Ouster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ouster Inc 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 Ouster Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Tax Provision is likely to gain to about 559.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 50.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization7.6M12.2M21.7M10.9M
Interest Income471K2.2M7.4M7.8M

Ouster fundamental ratios Correlations

0.95-0.060.68-0.960.39-0.720.990.910.720.890.310.72-0.380.620.83-0.250.360.560.980.720.97-0.080.80.47-0.55
0.950.050.63-0.940.54-0.640.940.890.740.860.470.72-0.460.620.83-0.310.390.590.920.710.92-0.030.790.43-0.61
-0.060.05-0.08-0.070.510.71-0.010.00.01-0.040.56-0.02-0.67-0.050.2-0.26-0.010.040.04-0.05-0.070.660.020.18-0.47
0.680.63-0.08-0.790.57-0.580.750.790.890.940.490.96-0.650.970.89-0.820.90.960.570.960.81-0.550.89-0.22-0.8
-0.96-0.94-0.07-0.79-0.620.61-0.98-0.98-0.87-0.95-0.42-0.860.56-0.77-0.940.47-0.53-0.74-0.91-0.84-0.990.08-0.91-0.360.75
0.390.540.510.57-0.620.050.450.670.710.590.640.63-0.810.630.66-0.720.640.750.320.570.510.10.62-0.06-0.91
-0.72-0.640.71-0.580.610.05-0.69-0.61-0.53-0.670.04-0.57-0.12-0.54-0.480.1-0.35-0.43-0.62-0.6-0.720.6-0.57-0.10.1
0.990.94-0.010.75-0.980.45-0.690.930.770.920.360.78-0.470.680.88-0.340.440.640.970.780.99-0.110.840.41-0.63
0.910.890.00.79-0.980.67-0.610.930.890.930.320.84-0.510.770.88-0.470.560.770.840.810.97-0.110.90.3-0.75
0.720.740.010.89-0.870.71-0.530.770.890.90.410.97-0.570.930.92-0.730.760.920.610.950.84-0.250.980.06-0.82
0.890.86-0.040.94-0.950.59-0.670.920.930.90.50.94-0.620.90.95-0.650.750.880.80.940.96-0.360.940.08-0.79
0.310.470.560.49-0.420.640.040.360.320.410.50.49-0.870.520.57-0.710.60.560.270.50.34-0.120.4-0.25-0.72
0.720.72-0.020.96-0.860.63-0.570.780.840.970.940.49-0.620.980.95-0.790.840.950.611.00.84-0.390.97-0.05-0.82
-0.38-0.46-0.67-0.650.56-0.81-0.12-0.47-0.51-0.57-0.62-0.87-0.62-0.64-0.710.82-0.7-0.72-0.36-0.6-0.470.02-0.560.190.92
0.620.62-0.050.97-0.770.63-0.540.680.770.930.90.520.98-0.640.89-0.870.920.980.490.980.76-0.520.92-0.24-0.82
0.830.830.20.89-0.940.66-0.480.880.880.920.950.570.95-0.710.89-0.690.70.860.780.940.9-0.150.960.18-0.86
-0.25-0.31-0.26-0.820.47-0.720.1-0.34-0.47-0.73-0.65-0.71-0.790.82-0.87-0.69-0.95-0.91-0.13-0.78-0.420.45-0.670.530.86
0.360.39-0.010.9-0.530.64-0.350.440.560.760.750.60.84-0.70.920.7-0.950.950.210.830.54-0.650.7-0.57-0.79
0.560.590.040.96-0.740.75-0.430.640.770.920.880.560.95-0.720.980.86-0.910.950.430.930.73-0.470.88-0.29-0.89
0.980.920.040.57-0.910.32-0.620.970.840.610.80.270.61-0.360.490.78-0.130.210.430.610.920.070.710.59-0.48
0.720.71-0.050.96-0.840.57-0.60.780.810.950.940.51.0-0.60.980.94-0.780.830.930.610.83-0.430.96-0.06-0.79
0.970.92-0.070.81-0.990.51-0.720.990.970.840.960.340.84-0.470.760.9-0.420.540.730.920.83-0.190.890.32-0.67
-0.08-0.030.66-0.550.080.10.6-0.11-0.11-0.25-0.36-0.12-0.390.02-0.52-0.150.45-0.65-0.470.07-0.43-0.19-0.220.730.08
0.80.790.020.89-0.910.62-0.570.840.90.980.940.40.97-0.560.920.96-0.670.70.880.710.960.89-0.220.17-0.79
0.470.430.18-0.22-0.36-0.06-0.10.410.30.060.08-0.25-0.050.19-0.240.180.53-0.57-0.290.59-0.060.320.730.170.1
-0.55-0.61-0.47-0.80.75-0.910.1-0.63-0.75-0.82-0.79-0.72-0.820.92-0.82-0.860.86-0.79-0.89-0.48-0.79-0.670.08-0.790.1
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Ouster Account Relationship Matchups

Ouster fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab7.6M4.1M11.1M13.8M61.3M64.4M
Total Current Liabilities40.4M20.9M22.1M29.5M81.7M85.8M
Other Liab54K50.3M8.7M2.1M2.4M2.2M
Net Tangible Assets(100.3M)(75.9M)187.0M102.3M117.6M123.5M
Retained Earnings(102.6M)(209.4M)(303.4M)(441.9M)(816.0M)(775.2M)
Accounts Payable3.3M6.9M4.9M8.8M3.5M5.2M
Other Assets1.3M4.4M1.4M1.6M1.00.95
Net Receivables937K3.8M10.7M11.2M40.0M42.0M
Inventory2.5M4.8M7.4M19.5M23.2M24.4M
Other Current Assets1.2M1.2M6.5M8.8M9.8M5.1M
Total Current Assets21.5M21.2M207.4M162.5M263.2M276.3M
Property Plant Equipment17.1M20.8M25.2M9.7M11.1M17.7M

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Additional Tools for Ouster Stock Analysis

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