Poseida Income Before Tax vs Net Income Analysis

PSTX Stock  USD 9.33  0.05  0.53%   
Poseida Therapeutics financial indicator trend analysis is much more than just breaking down Poseida Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Poseida Therapeutics is a good investment. Please check the relationship between Poseida Therapeutics Income Before Tax and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Poseida Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Poseida Stock please use our How to Invest in Poseida Therapeutics guide.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Poseida Therapeutics Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Poseida Therapeutics' Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Poseida Therapeutics, assuming nothing else is changed. The correlation between historical values of Poseida Therapeutics' Income Before Tax and Net 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 Poseida Therapeutics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Poseida Therapeutics' Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Poseida Therapeutics financial statement analysis. It represents the amount of money remaining after all of Poseida Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Poseida Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Poseida Therapeutics 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 Poseida Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Poseida Stock please use our How to Invest in Poseida Therapeutics guide.At this time, Poseida Therapeutics' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 39.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 14.6 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation4.6M5.2M5.6M3.4M
Total Operating Expenses172.6K190.4M194.2M203.9M

Poseida Therapeutics fundamental ratios Correlations

0.940.670.9-0.910.270.220.740.940.720.840.630.750.820.710.780.770.310.420.780.020.790.73-0.790.950.77
0.940.770.81-0.980.460.090.80.910.770.880.710.80.90.620.820.790.190.560.810.040.890.78-0.780.980.87
0.670.770.61-0.840.430.440.610.70.890.880.680.880.90.580.820.940.00.560.830.510.920.88-0.360.810.66
0.90.810.61-0.830.20.450.610.970.830.840.720.850.830.940.880.690.130.50.880.00.720.84-0.530.870.66
-0.91-0.98-0.84-0.83-0.52-0.19-0.75-0.93-0.85-0.93-0.8-0.88-0.95-0.7-0.89-0.82-0.07-0.65-0.89-0.12-0.93-0.860.68-0.99-0.86
0.270.460.430.2-0.52-0.110.050.360.40.40.790.430.460.190.510.17-0.70.880.510.250.40.41-0.180.390.43
0.220.090.440.45-0.19-0.11-0.170.30.570.280.30.550.310.580.480.46-0.120.250.50.670.180.580.080.21-0.18
0.740.80.610.61-0.750.05-0.170.70.560.790.330.560.760.450.550.70.530.10.53-0.30.840.54-0.550.790.88
0.940.910.70.97-0.930.360.30.70.850.910.780.870.910.880.910.730.10.590.910.010.830.86-0.60.950.79
0.720.770.890.83-0.850.40.570.560.850.910.821.00.940.860.970.81-0.130.690.980.340.871.0-0.30.840.63
0.840.880.880.84-0.930.40.280.790.910.910.790.910.990.80.930.860.060.570.920.10.960.9-0.420.920.88
0.630.710.680.72-0.80.790.30.330.780.820.790.830.820.750.910.52-0.510.930.910.210.690.82-0.250.720.65
0.750.80.880.85-0.880.430.550.560.871.00.910.830.950.860.980.81-0.120.710.980.340.871.0-0.340.860.64
0.820.90.90.83-0.950.460.310.760.910.940.990.820.950.790.950.850.00.640.940.160.970.94-0.430.930.84
0.710.620.580.94-0.70.190.580.450.880.860.80.750.860.790.90.59-0.080.560.90.070.640.85-0.210.730.53
0.780.820.820.88-0.890.510.480.550.910.970.930.910.980.950.90.75-0.20.771.00.240.850.97-0.350.870.7
0.770.790.940.69-0.820.170.460.70.730.810.860.520.810.850.590.750.310.310.750.390.890.81-0.50.830.67
0.310.190.00.13-0.07-0.7-0.120.530.1-0.130.06-0.51-0.120.0-0.08-0.20.31-0.69-0.2-0.280.14-0.12-0.490.20.16
0.420.560.560.5-0.650.880.250.10.590.690.570.930.710.640.560.770.31-0.690.770.330.510.7-0.160.550.42
0.780.810.830.88-0.890.510.50.530.910.980.920.910.980.940.91.00.75-0.20.770.270.840.98-0.350.870.68
0.020.040.510.0-0.120.250.67-0.30.010.340.10.210.340.160.070.240.39-0.280.330.270.150.360.040.09-0.27
0.790.890.920.72-0.930.40.180.840.830.870.960.690.870.970.640.850.890.140.510.840.150.86-0.470.920.87
0.730.780.880.84-0.860.410.580.540.861.00.90.821.00.940.850.970.81-0.120.70.980.360.86-0.330.850.62
-0.79-0.78-0.36-0.530.68-0.180.08-0.55-0.6-0.3-0.42-0.25-0.34-0.43-0.21-0.35-0.5-0.49-0.16-0.350.04-0.47-0.33-0.72-0.52
0.950.980.810.87-0.990.390.210.790.950.840.920.720.860.930.730.870.830.20.550.870.090.920.85-0.720.84
0.770.870.660.66-0.860.43-0.180.880.790.630.880.650.640.840.530.70.670.160.420.68-0.270.870.62-0.520.84
Click cells to compare fundamentals

Poseida Therapeutics Account Relationship Matchups

Poseida Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.7M19.6M17.2M20.2M31.1M32.6M
Total Current Liabilities21.9M30.0M43.3M53.9M71.3M74.9M
Other Liab22.6M25.0M14.9M27.5M31.6M16.9M
Net Tangible Assets(155.1M)256.4M150.7M182.0M209.4M219.8M
Retained Earnings(152.2M)(281.9M)(406.9M)(470.9M)(594.3M)(564.6M)
Accounts Payable4.9M763K9.0M2.2M3.3M3.5M
Other Assets3.4M28.6M1.7M1.1M1.2M1.2M
Other Stockholder Equity(219.5M)543.8M563.1M658.6M697.9M732.7M
Total Current Assets127.2M314.0M213.9M298.6M226.5M171.6M
Property Plant Equipment10.9M23.3M48.2M21.6M24.8M17.4M
Total Assets147.0M371.5M269.3M351.8M273.9M233.2M
Short Long Term Debt Total29.1M59.3M61.2M88.8M85.4M55.4M
Total Stockholder Equity(149.5M)262.0M156.2M187.6M103.7M70.7M
Property Plant And Equipment Net10.9M48.3M48.2M46.7M40.8M31.4M
Net Debt(58.6M)(24.7M)(145.1M)7.4M41.0M43.0M
Cash87.8M84.0M206.3M81.4M44.5M86.4M
Non Current Assets Total19.8M57.5M55.4M53.3M47.4M40.2M
Non Currrent Assets Other3.4M3.6M1.7M1.1M1.1M1.8M
Long Term Debt26.1M29.1M29.4M58.3M58.6M36.0M
Cash And Short Term Investments125.3M309.2M206.3M282.5M212.2M185.7M
Liabilities And Stockholders Equity147.0M371.5M269.3M351.8M273.9M233.2M
Non Current Liabilities Total274.7M79.5M69.8M110.4M98.9M90.7M
Other Current Assets434K4.8M7.5M7.0M5.3M4.0M
Total Liab296.5M109.5M113.1M164.2M170.2M162.5M
Net Invested Capital(120.4M)291.1M185.6M245.8M162.3M107.3M
Property Plant And Equipment Gross10.9M48.3M57.4M60.1M59.6M37.9M
Accumulated Other Comprehensive Income19K5K0.0(149K)126K132.3K
Non Current Liabilities Other5.4M50.3M31.1M30.7M2.6M2.5M
Net Working Capital105.3M284.0M170.5M244.7M155.2M155.2M

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