Phenixfin Income Before Tax vs Other Operating Expenses Analysis

PFX Stock  USD 47.25  0.51  1.09%   
Phenixfin financial indicator trend analysis is much more than just breaking down Phenixfin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phenixfin is a good investment. Please check the relationship between Phenixfin Income Before Tax and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phenixfin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Phenixfin Stock please use our How to Invest in Phenixfin guide.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phenixfin Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Phenixfin's Income Before Tax and Other Operating Expenses is 0.24. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Phenixfin, assuming nothing else is changed. The correlation between historical values of Phenixfin's Income Before Tax and Other Operating Expenses 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 Phenixfin are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Phenixfin's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Phenixfin. It is also known as Phenixfin overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Phenixfin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phenixfin 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 Phenixfin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Phenixfin Stock please use our How to Invest in Phenixfin guide.At this time, Phenixfin's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 4.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.

Phenixfin fundamental ratios Correlations

1.00.651.00.890.171.01.01.01.00.940.97-0.08-0.250.460.090.16-0.16-0.17-0.08-0.27-0.63-0.070.10.39-0.14
1.00.641.00.880.141.01.01.01.00.950.97-0.11-0.260.460.080.15-0.16-0.2-0.11-0.3-0.63-0.10.110.37-0.15
0.650.640.640.580.420.630.630.630.640.650.650.3-0.270.230.060.32-0.060.430.210.1-0.240.21-0.040.470.65
1.01.00.640.880.141.01.01.01.00.950.97-0.11-0.260.460.080.14-0.17-0.2-0.11-0.3-0.63-0.10.110.38-0.15
0.890.880.580.880.240.880.880.890.880.880.9-0.02-0.360.310.050.360.32-0.16-0.09-0.08-0.580.12-0.180.12-0.17
0.170.140.420.140.240.120.110.120.140.010.20.950.360.090.430.480.270.770.870.88-0.270.85-0.530.570.37
1.01.00.631.00.880.121.01.01.00.950.97-0.13-0.280.470.070.14-0.17-0.21-0.13-0.32-0.62-0.120.120.37-0.16
1.01.00.631.00.880.111.01.01.00.950.97-0.13-0.270.460.070.13-0.17-0.21-0.13-0.32-0.62-0.120.130.36-0.16
1.01.00.631.00.890.121.01.01.00.950.97-0.13-0.280.450.060.14-0.16-0.21-0.13-0.31-0.61-0.110.120.36-0.16
1.01.00.641.00.880.141.01.01.00.950.97-0.1-0.260.460.080.15-0.16-0.19-0.1-0.29-0.63-0.090.110.38-0.15
0.940.950.650.950.880.010.950.950.950.950.94-0.22-0.470.36-0.160.22-0.07-0.28-0.25-0.37-0.5-0.160.130.26-0.12
0.970.970.650.970.90.20.970.970.970.970.94-0.04-0.350.480.050.3-0.08-0.18-0.08-0.23-0.68-0.010.040.41-0.14
-0.08-0.110.3-0.11-0.020.95-0.13-0.13-0.13-0.1-0.22-0.040.40.040.40.450.210.850.930.9-0.160.83-0.470.590.44
-0.25-0.26-0.27-0.26-0.360.36-0.28-0.27-0.28-0.26-0.47-0.350.4-0.120.4-0.56-0.190.460.550.410.10.3-0.150.10.06
0.460.460.230.460.310.090.470.460.450.460.360.480.04-0.120.150.25-0.29-0.120.06-0.2-0.820.00.120.59-0.19
0.090.080.060.080.050.430.070.070.060.08-0.160.050.40.40.15-0.07-0.030.430.490.29-0.240.120.080.250.04
0.160.150.320.140.360.480.140.130.140.150.220.30.45-0.560.25-0.070.480.120.230.42-0.380.54-0.450.350.08
-0.16-0.16-0.06-0.170.320.27-0.17-0.17-0.16-0.16-0.07-0.080.21-0.19-0.29-0.030.480.090.070.470.050.49-0.62-0.47-0.02
-0.17-0.20.43-0.2-0.160.77-0.21-0.21-0.21-0.19-0.28-0.180.850.46-0.120.430.120.090.820.740.130.61-0.260.420.77
-0.08-0.110.21-0.11-0.090.87-0.13-0.13-0.13-0.1-0.25-0.080.930.550.060.490.230.070.820.8-0.190.66-0.230.570.38
-0.27-0.30.1-0.3-0.080.88-0.32-0.32-0.31-0.29-0.37-0.230.90.41-0.20.290.420.470.740.80.070.89-0.650.240.38
-0.63-0.63-0.24-0.63-0.58-0.27-0.62-0.62-0.61-0.63-0.5-0.68-0.160.1-0.82-0.24-0.380.050.13-0.190.07-0.140.03-0.540.35
-0.07-0.10.21-0.10.120.85-0.12-0.12-0.11-0.09-0.16-0.010.830.30.00.120.540.490.610.660.89-0.14-0.870.330.3
0.10.11-0.040.11-0.18-0.530.120.130.120.110.130.04-0.47-0.150.120.08-0.45-0.62-0.26-0.23-0.650.03-0.870.04-0.1
0.390.370.470.380.120.570.370.360.360.380.260.410.590.10.590.250.35-0.470.420.570.24-0.540.330.040.2
-0.14-0.150.65-0.15-0.170.37-0.16-0.16-0.16-0.15-0.12-0.140.440.06-0.190.040.08-0.020.770.380.380.350.3-0.10.2
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Phenixfin Account Relationship Matchups

Phenixfin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets306.1M225.1M218.9M239.7M215.7M204.9M
Short Long Term Debt Total151.0M78.0M78.5M84.5M76.1M72.3M
Total Current Liabilities4.5M3.4M19.2M(156.4K)(140.7K)(133.7K)
Net Debt94.4M8.6M55.8M78.5M70.7M67.2M
Cash56.5M69.4M22.8M6.0M5.4M5.1M
Non Current Assets Total248.8M153.0M194.2M228.0M205.2M194.9M
Liabilities And Stockholders Equity306.1M225.1M218.9M239.7M215.7M204.9M
Total Liab155.5M81.4M98.0M93.0M83.7M79.5M
Total Current Assets57.3M72.1M24.7M11.7M10.5M10.0M
Accumulated Other Comprehensive Income150.6M143.7M120.8M146.7M168.7M177.1M
Total Stockholder Equity150.6M143.7M120.8M146.7M132.0M125.4M
Current Deferred Revenue(76.9M)(77.4M)(78.0M)421.7M379.5M398.5M
Retained Earnings(521.8M)(545.2M)(554.6M)(548.1M)(493.3M)(468.6M)
Non Currrent Assets Other(304.0M)788.2K729.5K1.1M974.1K1.0M
Other Assets2.1M1.4M(1.4M)(6.9B)(6.3B)(5.9B)
Cash And Short Term Investments56.5M69.4M22.8M6.0M6.9M6.5M
Net Receivables743.6K2.6M1.4M5.5M5.0M5.9M
Non Current Liabilities Total151.0M78.0M78.9M85.2M76.7M72.9M
Other Stockholder Equity672.4M688.9M675.4M694.8M799.0M623.2M
Common Stock2.7K2.5K2.1K2.1K1.9K1.8K
Other Current Liab(76.1M)1.9M578.0K(7.2M)(8.3M)(8.7M)
Accounts Payable2.1M1.4M18.6M7.2M6.5M8.5M
Short Term Debt74.0M77.4M78.0M84.3M75.8M72.0M
Other Liab103.6K10.5K34.0327.9K295.1K240.8K
Net Tangible Assets216.4M150.6M143.7M120.8M108.8M188.4M
Net Invested Capital301.6M221.1M198.8M231.0M207.9M354.2M
Long Term Investments246.7M151.6M193.0M226.5M203.8M309.4M
Capital Stock2.7K2.5K2.1K2.1K1.9K1.8K
Other Current Assets0.0292.0K1.4M639.7K735.6K772.4K

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