Pilani Ebit vs Income Tax Expense Analysis

PILANIINVS   6,182  31.15  0.50%   
Pilani Investment financial indicator trend analysis is much more than just breaking down Pilani Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pilani Investment is a good investment. Please check the relationship between Pilani Investment Ebit and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilani Investment and. 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.

Ebit vs Income Tax Expense

Ebit vs Income Tax Expense Correlation Analysis

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

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Income Tax Expense

Most indicators from Pilani Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pilani Investment 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 Pilani Investment and. 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 Pilani Investment's current Selling General Administrative is estimated to increase to about 2.1 M. The Pilani Investment's current Tax Provision is estimated to increase to about 544.8 M
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.1B2.8B3.0B
Total Revenue2.6B2.8B2.9B3.0B

Pilani Investment fundamental ratios Correlations

1.01.01.01.01.01.00.060.991.00.990.991.00.991.01.0-0.2-0.13-0.12-0.15-0.070.520.11-0.17-0.220.09
1.01.01.01.01.01.00.081.01.00.990.991.01.01.01.0-0.2-0.14-0.14-0.12-0.070.510.12-0.16-0.210.12
1.01.01.01.01.01.00.040.991.01.01.01.01.01.01.0-0.21-0.14-0.14-0.13-0.080.50.12-0.14-0.190.05
1.01.01.01.01.01.00.060.991.00.990.991.00.991.01.0-0.2-0.13-0.12-0.15-0.070.520.11-0.17-0.220.09
1.01.01.01.01.01.00.070.991.00.990.991.00.991.00.99-0.19-0.11-0.1-0.17-0.060.530.11-0.2-0.250.1
1.01.01.01.01.01.00.060.991.00.990.991.00.991.01.0-0.2-0.13-0.12-0.15-0.070.520.11-0.17-0.220.08
1.01.01.01.01.01.00.050.991.00.990.991.00.991.01.0-0.2-0.11-0.11-0.16-0.070.520.11-0.18-0.230.07
0.060.080.040.060.070.060.050.060.070.00.020.070.020.020.020.160.060.06-0.060.150.12-0.1-0.46-0.450.66
0.991.00.990.990.990.990.990.060.991.01.00.991.01.01.0-0.22-0.18-0.17-0.06-0.110.480.14-0.09-0.150.09
1.01.01.01.01.01.01.00.070.990.990.991.00.990.990.99-0.19-0.11-0.1-0.18-0.060.530.1-0.21-0.250.11
0.990.991.00.990.990.990.990.01.00.991.00.991.01.01.0-0.24-0.2-0.19-0.05-0.10.470.15-0.05-0.10.0
0.990.991.00.990.990.990.990.021.00.991.00.991.01.01.0-0.23-0.2-0.19-0.04-0.080.480.16-0.06-0.110.02
1.01.01.01.01.01.01.00.070.991.00.990.990.991.01.0-0.19-0.11-0.1-0.17-0.060.530.11-0.2-0.240.1
0.991.01.00.990.990.990.990.021.00.991.01.00.991.01.0-0.22-0.19-0.18-0.06-0.10.480.14-0.07-0.130.05
1.01.01.01.01.01.01.00.021.00.991.01.01.01.01.0-0.22-0.17-0.16-0.1-0.090.490.13-0.11-0.160.04
1.01.01.01.00.991.01.00.021.00.991.01.01.01.01.0-0.23-0.17-0.16-0.09-0.090.490.13-0.1-0.150.04
-0.2-0.2-0.21-0.2-0.19-0.2-0.20.16-0.22-0.19-0.24-0.23-0.19-0.22-0.22-0.230.50.46-0.30.04-0.340.33-0.25-0.370.23
-0.13-0.14-0.14-0.13-0.11-0.13-0.110.06-0.18-0.11-0.2-0.2-0.11-0.19-0.17-0.170.51.0-0.66-0.120.120.03-0.52-0.590.16
-0.12-0.14-0.14-0.12-0.1-0.12-0.110.06-0.17-0.1-0.19-0.19-0.1-0.18-0.16-0.160.461.0-0.66-0.120.140.01-0.52-0.580.15
-0.15-0.12-0.13-0.15-0.17-0.15-0.16-0.06-0.06-0.18-0.05-0.04-0.17-0.06-0.1-0.09-0.3-0.66-0.66-0.08-0.340.250.850.83-0.31
-0.07-0.07-0.08-0.07-0.06-0.07-0.070.15-0.11-0.06-0.1-0.08-0.06-0.1-0.09-0.090.04-0.12-0.12-0.080.01-0.13-0.31-0.20.23
0.520.510.50.520.530.520.520.120.480.530.470.480.530.480.490.49-0.340.120.14-0.340.010.25-0.41-0.50.22
0.110.120.120.110.110.110.11-0.10.140.10.150.160.110.140.130.130.330.030.010.25-0.130.250.27-0.01-0.15
-0.17-0.16-0.14-0.17-0.2-0.17-0.18-0.46-0.09-0.21-0.05-0.06-0.2-0.07-0.11-0.1-0.25-0.52-0.520.85-0.31-0.410.270.95-0.66
-0.22-0.21-0.19-0.22-0.25-0.22-0.23-0.45-0.15-0.25-0.1-0.11-0.24-0.13-0.16-0.15-0.37-0.59-0.580.83-0.2-0.5-0.010.95-0.64
0.090.120.050.090.10.080.070.660.090.110.00.020.10.050.040.040.230.160.15-0.310.230.22-0.15-0.66-0.64
Click cells to compare fundamentals

Pilani Investment Account Relationship Matchups

Pilani Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.5B110.5B127.1B124.2B164.5B156.3B
Other Current Liab3.3B7.1B9.7B6.4B6.8M6.5M
Total Current Liabilities3.3B4.2B8.9B1.2M9.5B9.0B
Total Stockholder Equity51.1B98.5B111.0B111.7B146.1B138.8B
Property Plant And Equipment Net6.3M4.6M3.4M2.5M2.0M1.9M
Non Current Assets Total41.9B90.0B103.5B102.8B154.9B147.2B
Non Currrent Assets Other44.1M41.3M39.0M372.6M179.8B170.8B
Liabilities And Stockholders Equity56.5B110.5B127.1B124.2B164.5B156.3B
Other Current Assets4.5M20.2B23.6B21.6B9.0B8.6B
Other Stockholder Equity27.8B(25.5B)(20.2B)(29.9B)(23.3B)(22.1B)
Total Liab5.3B12.0B16.1B12.5B18.4B17.5B
Total Current Assets14.6B20.5B23.6B21.4B24.3B23.9B
Short Long Term Debt Total4.2B9.3B19.6B13.2B9.5B14.2B
Net Debt4.2B8.1B10.6B7.3B9.0B13.2B
Non Current Liabilities Total2.0B7.8B7.2B12.5B8.9B13.1B
Cash42.2M12.8M46.5M14.4M11.7M11.1M
Cash And Short Term Investments73.3M242.4M365.9M94.1M474.6M767.2M
Short Term Investments31.1M229.6M319.3M79.7M462.8M739.0M
Retained Earnings16.7B25.5B20.2B29.9B23.3B14.0B
Accounts Payable13.3M1.4M600K1.2M1.2M1.2M
Net Receivables8.4M4.5M3.0M4.3M3.7M4.9M
Inventory(31.1M)(9.5M)(310.3M)(331.2M)(298.0M)(312.9M)
Accumulated Other Comprehensive Income(860K)79.9B90.7B89.4B122.7B128.8B
Other Liab994.0M3.9B5.4B5.1B5.8B6.1B
Net Tangible Assets51.1B98.5B111.0B111.7B128.4B134.9B
Other Assets379.6M39.6M37.6M3.1M(14.7B)(14.0B)
Short Long Term Debt3.2B4.2B8.9B5.9B6.7B7.1B
Short Term Debt3.2B4.2B8.9B5.9B9.5B10.0B
Property Plant Equipment6.3M4.6M3.4M2.5M2.2M2.1M
Current Deferred Revenue(3.2B)(7.1B)(9.7B)(12.2B)(27.9B)(26.5B)
Net Invested Capital55.3B106.6B121.7B119.1B155.6B98.5B
Net Working Capital11.2B20.4B23.3B21.4B24.3B15.8B
Good Will169K313K1.2M1.4M1.7M1.7M
Intangible Assets(338K)(626K)(2.5M)(2.9M)(164.5B)(156.3B)

Also Currently Popular

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.

Other Information on Investing in Pilani Stock

Balance Sheet is a snapshot of the financial position of Pilani Investment at a specified time, usually calculated after every quarter, six months, or one year. Pilani Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pilani Investment 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 Pilani currently owns. An asset can also be divided into two categories, current and non-current.