Pacific Income Before Tax vs Operating Income Analysis
PPM Stock | CAD 0.01 0.00 0.00% |
Pacific Imperial financial indicator trend analysis is much more than just breaking down Pacific Imperial Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Imperial Mines is a good investment. Please check the relationship between Pacific Imperial Income Before Tax and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Imperial Mines. 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.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pacific Imperial Mines Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Pacific Imperial's Income Before Tax and Operating Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Pacific Imperial Mines, assuming nothing else is changed. The correlation between historical values of Pacific Imperial's Income Before Tax and Operating Income 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 Pacific Imperial Mines are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Pacific Imperial's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Pacific Imperial income statement and is an important metric when analyzing Pacific Imperial Mines 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.Operating Income
Operating Income is the amount of profit realized from Pacific Imperial Mines 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 Pacific Imperial Mines 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.Most indicators from Pacific Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Imperial Mines 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 Pacific Imperial Mines. 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. Selling General Administrative is likely to climb to about 109.8 K in 2024. Issuance Of Capital Stock is likely to climb to about 235.2 K in 2024
Pacific Imperial fundamental ratios Correlations
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Pacific Imperial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Imperial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 137.6K | 324.0K | 95.1K | 26.7K | 39.3K | 37.3K | |
Total Current Liabilities | 9.0K | 157.9K | 110.1K | 306.9K | 399.7K | 419.7K | |
Total Stockholder Equity | 128.7K | 166.1K | (15.0K) | (280.2K) | (360.4K) | (342.4K) | |
Net Tangible Assets | 223.4K | 128.7K | 166.1K | (15.0K) | (17.3K) | (16.4K) | |
Retained Earnings | (6.6M) | (7.2M) | (7.3M) | (7.6M) | (7.7M) | (8.1M) | |
Accounts Payable | 1.7K | 63.7K | 27.8K | 131.1K | 159.4K | 167.4K | |
Cash | 126.3K | 299.9K | 64.7K | 11.5K | 19.3K | 18.3K | |
Net Receivables | 7.4K | 9.9K | 19.8K | 26.7K | 30.7K | 32.2K | |
Total Liab | 9.0K | 157.9K | 110.1K | 306.9K | 399.7K | 419.7K | |
Total Current Assets | 137.6K | 324.0K | 95.1K | 26.7K | 39.3K | 37.3K | |
Net Invested Capital | 128.7K | 166.1K | (15.0K) | (160.2K) | (190.4K) | (180.9K) | |
Net Working Capital | 128.7K | 166.1K | (15.0K) | (280.2K) | (360.4K) | (342.4K) |
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When running Pacific Imperial's price analysis, check to measure Pacific Imperial'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 Pacific Imperial is operating at the current time. Most of Pacific Imperial's value examination focuses on studying past and present price action to predict the probability of Pacific Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Imperial's price. Additionally, you may evaluate how the addition of Pacific Imperial to your portfolios can decrease your overall portfolio volatility.