Plby Total Operating Expenses vs Income Before Tax Analysis

PLBY Stock  USD 1.22  0.07  6.09%   
Plby financial indicator trend analysis is much more than just breaking down Plby Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plby Group is a good investment. Please check the relationship between Plby Total Operating Expenses and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plby Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Total Operating Expenses vs Income Before Tax

Total Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plby Group Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Plby's Total Operating Expenses and Income Before Tax is -0.8. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Plby Group, assuming nothing else is changed. The correlation between historical values of Plby's Total Operating Expenses 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 Total Operating Expenses of Plby Group 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 Total Operating Expenses i.e., Plby's Total Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Plby income statement and is an important metric when analyzing Plby Group 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 Plby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plby Group 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 Plby Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Plby's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.91 in 2024, whereas Selling General Administrative is likely to drop slightly above 63.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization13.8M18.2M12.8M11.0M
Other Operating Expenses316.2M290.1M333.3M197.0M

Plby fundamental ratios Correlations

0.010.23-0.72-0.950.50.480.640.460.710.4-0.560.550.430.640.090.620.60.660.060.41-0.170.060.330.010.82
0.010.79-0.050.00.40.530.680.480.570.58-0.040.40.470.350.640.540.290.320.490.470.460.490.58-0.040.14
0.230.79-0.01-0.340.70.870.740.60.440.75-0.150.660.730.640.780.720.560.590.70.730.680.70.790.070.45
-0.72-0.05-0.010.620.02-0.3-0.30.09-0.520.080.09-0.10.14-0.110.35-0.18-0.07-0.150.30.170.560.30.160.3-0.45
-0.950.0-0.340.62-0.64-0.58-0.67-0.54-0.65-0.50.61-0.68-0.56-0.75-0.23-0.7-0.71-0.77-0.19-0.54-0.01-0.19-0.46-0.08-0.91
0.50.40.70.02-0.640.570.830.920.520.95-0.780.990.940.920.880.950.840.880.770.940.750.770.950.150.82
0.480.530.87-0.3-0.580.570.620.410.450.52-0.020.550.610.640.480.60.610.630.380.610.360.380.550.20.59
0.640.680.74-0.3-0.670.830.620.880.870.89-0.660.840.830.840.730.960.760.820.60.820.450.60.850.040.74
0.460.480.60.09-0.540.920.410.880.680.95-0.820.90.950.90.870.930.840.870.680.940.650.680.920.240.71
0.710.570.44-0.52-0.650.520.450.870.680.59-0.520.570.580.680.390.730.660.70.150.560.00.150.50.160.64
0.40.580.750.08-0.50.950.520.890.950.59-0.740.930.920.840.920.960.730.780.860.910.780.860.990.020.66
-0.56-0.04-0.150.090.61-0.78-0.02-0.66-0.82-0.52-0.74-0.81-0.66-0.71-0.56-0.78-0.63-0.69-0.52-0.65-0.4-0.52-0.680.02-0.71
0.550.40.66-0.1-0.680.990.550.840.90.570.93-0.810.90.910.830.960.820.880.730.890.680.730.910.090.86
0.430.470.730.14-0.560.940.610.830.950.580.92-0.660.90.950.90.90.920.920.671.00.720.670.920.40.74
0.640.350.64-0.11-0.750.920.640.840.90.680.84-0.710.910.950.760.910.981.00.50.940.520.50.820.430.9
0.090.640.780.35-0.230.880.480.730.870.390.92-0.560.830.90.760.820.690.70.830.910.910.830.940.210.49
0.620.540.72-0.18-0.70.950.60.960.930.730.96-0.780.960.90.910.820.810.870.720.890.60.720.930.040.82
0.60.290.56-0.07-0.710.840.610.760.840.660.73-0.630.820.920.980.690.810.990.350.910.430.350.710.60.86
0.660.320.59-0.15-0.770.880.630.820.870.70.78-0.690.880.921.00.70.870.990.410.920.450.410.760.480.91
0.060.490.70.3-0.190.770.380.60.680.150.86-0.520.730.670.50.830.720.350.410.670.91.00.9-0.290.32
0.410.470.730.17-0.540.940.610.820.940.560.91-0.650.891.00.940.910.890.910.920.670.730.670.920.410.72
-0.170.460.680.56-0.010.750.360.450.650.00.78-0.40.680.720.520.910.60.430.450.90.730.90.840.050.27
0.060.490.70.3-0.190.770.380.60.680.150.86-0.520.730.670.50.830.720.350.411.00.670.90.9-0.290.32
0.330.580.790.16-0.460.950.550.850.920.50.99-0.680.910.920.820.940.930.710.760.90.920.840.90.040.62
0.01-0.040.070.3-0.080.150.20.040.240.160.020.020.090.40.430.210.040.60.48-0.290.410.05-0.290.040.24
0.820.140.45-0.45-0.910.820.590.740.710.640.66-0.710.860.740.90.490.820.860.910.320.720.270.320.620.24
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Plby Account Relationship Matchups

Plby fundamental ratios Accounts

201920202021202220232024 (projected)
Net Tangible Assets(254.2M)(256.5M)(257.2M)155.0M178.3M187.2M
Other Current Liab225.022.6M58.3M65.4M12.5M11.9M
Total Current Liabilities100.7K54.0M117.8M82.9M58.9M67.7M
Other Liab114.6M121.1M133.8M47.6M42.8M80.8M
Retained Earnings(492.0)(78.0M)(155.7M)(433.4M)(613.8M)(583.1M)
Accounts Payable7.9M8.7M20.6M13.6M14.5M13.2M
Other Assets(53.8M)20.2M42.3M31.3M36.0M37.8M
Net Receivables6.8M7.8M14.2M16.8M10.7M11.8M
Inventory11.8M11.8M39.9M33.1M13M20.1M
Other Current Assets7.6M14.1M15.6M48.1M17.9M20.8M
Total Current Assets53.8M47.2M138.9M103.0M69.7M84.5M
Property Plant Equipment5.9M5.2M26.4M17.4M20.0M12.9M

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