Oxbridge Net Income From Continuing Ops vs Income Before Tax Analysis

OXBRW Stock  USD 0.17  0.05  22.73%   
Oxbridge financial indicator trend analysis is much more than just breaking down Oxbridge Re Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxbridge Re Holdings is a good investment. Please check the relationship between Oxbridge Net Income From Continuing Ops and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxbridge Re Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxbridge Re Holdings Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Oxbridge's Net Income From Continuing Ops and Income Before Tax is 0.58. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Oxbridge Re Holdings, assuming nothing else is changed. The correlation between historical values of Oxbridge's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Oxbridge Re Holdings 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 Net Income From Continuing Ops i.e., Oxbridge's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Oxbridge income statement and is an important metric when analyzing Oxbridge Re Holdings 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 Oxbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxbridge Re Holdings 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 Oxbridge Re Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 1.4 M in 2024. Sales General And Administrative To Revenue is likely to climb to -0.29 in 2024
 2023 2024 (projected)
Interest Income22.5K20.4K
Reconciled Depreciation6K9.0K

Oxbridge fundamental ratios Correlations

0.340.99-0.650.6-0.380.620.950.93-0.680.890.31-0.330.920.360.930.670.30.220.210.51-0.110.470.340.060.48
0.340.330.220.510.21-0.250.40.4-0.140.14-0.25-0.70.34-0.230.33-0.19-0.260.670.60.52-0.180.460.37-0.710.53
0.990.33-0.630.56-0.430.60.910.87-0.590.870.36-0.380.860.410.870.690.350.160.150.44-0.030.390.370.10.42
-0.650.22-0.630.020.7-1.0-0.64-0.590.73-0.89-0.640.1-0.62-0.67-0.64-0.8-0.640.390.410.05-0.04-0.010.21-0.580.07
0.60.510.560.020.51-0.070.680.73-0.390.35-0.57-0.040.64-0.530.63-0.06-0.580.860.790.97-0.220.860.73-0.670.95
-0.380.21-0.430.70.51-0.73-0.22-0.130.24-0.55-0.990.34-0.22-0.99-0.24-0.79-0.980.760.690.59-0.20.510.42-0.820.59
0.62-0.250.6-1.0-0.07-0.730.60.54-0.690.870.67-0.090.590.70.60.80.67-0.43-0.46-0.10.07-0.04-0.240.62-0.12
0.950.40.91-0.640.68-0.220.60.99-0.820.880.14-0.260.980.180.980.560.130.380.350.65-0.250.650.31-0.10.63
0.930.40.87-0.590.73-0.130.540.99-0.830.830.05-0.20.980.10.980.50.050.450.420.71-0.30.690.31-0.160.69
-0.68-0.14-0.590.73-0.390.24-0.69-0.82-0.83-0.8-0.160.07-0.85-0.19-0.84-0.61-0.16-0.18-0.13-0.440.43-0.540.02-0.04-0.41
0.890.140.87-0.890.35-0.550.870.880.83-0.80.46-0.330.830.50.850.780.45-0.03-0.070.290.00.330.150.260.26
0.31-0.250.36-0.64-0.57-0.990.670.140.05-0.160.46-0.30.140.990.170.741.0-0.81-0.73-0.650.18-0.57-0.490.86-0.65
-0.33-0.7-0.380.1-0.040.34-0.09-0.26-0.20.07-0.33-0.3-0.14-0.31-0.15-0.17-0.29-0.08-0.070.01-0.190.07-0.210.160.0
0.920.340.86-0.620.64-0.220.590.980.98-0.850.830.14-0.140.191.00.570.140.350.340.62-0.360.660.2-0.070.6
0.36-0.230.41-0.67-0.53-0.990.70.180.1-0.190.50.99-0.310.190.210.770.99-0.78-0.7-0.610.2-0.54-0.450.84-0.61
0.930.330.87-0.640.63-0.240.60.980.98-0.840.850.17-0.151.00.210.580.160.330.330.61-0.330.650.2-0.050.58
0.67-0.190.69-0.8-0.06-0.790.80.560.5-0.610.780.74-0.170.570.770.580.74-0.47-0.47-0.16-0.08-0.09-0.110.64-0.2
0.3-0.260.35-0.64-0.58-0.980.670.130.05-0.160.451.0-0.290.140.990.160.74-0.81-0.73-0.650.18-0.57-0.50.86-0.66
0.220.670.160.390.860.76-0.430.380.45-0.18-0.03-0.81-0.080.35-0.780.33-0.47-0.810.940.92-0.270.820.6-0.930.93
0.210.60.150.410.790.69-0.460.350.42-0.13-0.07-0.73-0.070.34-0.70.33-0.47-0.730.940.83-0.230.740.53-0.840.87
0.510.520.440.050.970.59-0.10.650.71-0.440.29-0.650.010.62-0.610.61-0.16-0.650.920.83-0.280.920.64-0.740.99
-0.11-0.18-0.03-0.04-0.22-0.20.07-0.25-0.30.430.00.18-0.19-0.360.2-0.33-0.080.18-0.27-0.23-0.28-0.390.270.23-0.22
0.470.460.39-0.010.860.51-0.040.650.69-0.540.33-0.570.070.66-0.540.65-0.09-0.570.820.740.92-0.390.5-0.650.87
0.340.370.370.210.730.42-0.240.310.310.020.15-0.49-0.210.2-0.450.2-0.11-0.50.60.530.640.270.5-0.540.61
0.06-0.710.1-0.58-0.67-0.820.62-0.1-0.16-0.040.260.860.16-0.070.84-0.050.640.86-0.93-0.84-0.740.23-0.65-0.54-0.74
0.480.530.420.070.950.59-0.120.630.69-0.410.26-0.650.00.6-0.610.58-0.2-0.660.930.870.99-0.220.870.61-0.74
Click cells to compare fundamentals

Oxbridge Account Relationship Matchups

Oxbridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.5M9.1M17.7M16.6M8.3M7.8M
Total Current Liabilities279K209K337K260K356K338.2K
Total Stockholder Equity8.0M8.0M16.7M15.0M5.3M5.1M
Net Debt(5.2M)(5.1M)(3.2M)(947K)(3.6M)(3.8M)
Retained Earnings(24.2M)(24.3M)(15.7M)(17.5M)(27.4M)(26.0M)
Accounts Payable279K209K337K294K356K297.3K
Cash6.0M5.6M3.5M1.2M3.7M4.6M
Non Current Assets Total834K1.0M721K49K3.4M3.2M
Non Currrent Assets Other(834K)(1.0M)(721K)(642K)3.3M3.1M
Other Assets2.2M2.0M13.2M3.9M(495K)(519.8K)
Cash And Short Term Investments6.0M5.6M3.5M1.2M495K470.3K
Liabilities And Stockholders Equity9.5M9.1M17.7M16.6M8.3M7.8M
Non Current Liabilities Total733K438K351K1.4M2.9M4.7M
Other Stockholder Equity32.3M32.3M32.4M32.5M32.7M33.3M
Total Liab1.5M1.1M1.0M1.6M2.9M4.8M
Total Current Assets6.5M6.0M3.8M12.6M5.4M6.8M
Property Plant And Equipment Net142K235K144K49K13K12.4K
Net Receivables518K465K289K327K1.0M1.5M
Short Term Investments993K692K11.2M11.4M(3.3M)(3.1M)
Capital Surpluse32.1M32.2M32.3M32.3M37.1M30.7M
Long Term Investments692K787K577K12.1M3.2M2.1M
Property Plant And Equipment Gross36K18K9K235K270.3K283.8K
Property Plant Equipment36K18K142K13K15.0K14.2K
Net Invested Capital8.6M8.2M16.9M15.2M5.5M8.8M

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Additional Tools for Oxbridge Stock Analysis

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