Panorama Operating Income vs Income Before Tax Analysis
| PANO-P Stock | CAD 0.04 0.00 0.00% |
Panorama Capital financial indicator trend analysis is much more than just breaking down Panorama Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panorama Capital Corp is a good investment. Please check the relationship between Panorama Capital Operating Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Panorama Capital Corp. 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.
Operating Income vs Income Before Tax
Operating Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panorama Capital Corp Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Panorama Capital's Operating Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Panorama Capital Corp, assuming nothing else is changed. The correlation between historical values of Panorama Capital's Operating Income 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 Operating Income of Panorama Capital Corp 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 Operating Income i.e., Panorama Capital's Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Panorama Capital Corp 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 Panorama Capital Corp 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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Panorama Capital income statement and is an important metric when analyzing Panorama Capital Corp 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 Panorama Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panorama Capital Corp 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 Panorama Capital Corp. 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. The current year's Issuance Of Capital Stock is expected to grow to about 525 K, whereas Selling General Administrative is forecasted to decline to about 29.4 K.
Panorama Capital fundamental ratios Correlations
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Panorama Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Other Information on Investing in Panorama Stock
Balance Sheet is a snapshot of the financial position of Panorama Capital Corp at a specified time, usually calculated after every quarter, six months, or one year. Panorama Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Panorama Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Panorama currently owns. An asset can also be divided into two categories, current and non-current.