Reynolds Gross Profit vs Income Tax Expense Analysis
| REYN Stock | USD 27.76 0.15 0.54% |
Reynolds Consumer financial indicator trend analysis is much more than just breaking down Reynolds Consumer prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reynolds Consumer is a good investment. Please check the relationship between Reynolds Consumer Gross Profit and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reynolds Consumer Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Gross Profit vs Income Tax Expense
Gross Profit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reynolds Consumer Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reynolds Consumer's Gross Profit and Income Tax Expense is -0.26. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Reynolds Consumer Products, assuming nothing else is changed. The correlation between historical values of Reynolds Consumer's Gross Profit 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 Gross Profit of Reynolds Consumer Products 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 Gross Profit i.e., Reynolds Consumer's Gross Profit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Reynolds Consumer Products minus its cost of goods sold. It is profit before Reynolds Consumer operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Tax Expense
Most indicators from Reynolds Consumer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reynolds Consumer 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 Reynolds Consumer Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Reynolds Consumer's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 17.14, while Tax Provision is likely to drop about 69.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 811M | 776M | 942M | 945.8M | Total Revenue | 3.6B | 3.8B | 3.8B | 3.6B |
Reynolds Consumer fundamental ratios Correlations
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Reynolds Consumer Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reynolds Consumer fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 209.7M | 204.5M | 209.8M | 209.9M | 210M | 227.2M | |
| Total Assets | 4.2B | 4.7B | 4.8B | 4.9B | 4.8B | 4.1B | |
| Short Long Term Debt Total | 6.0B | 4.3B | 2.3B | 2.2B | 1.9B | 2.8B | |
| Other Current Liab | 46M | 168M | 186M | 145M | 187M | 177.7M | |
| Total Current Liabilities | 378M | 432M | 484M | 496M | 478M | 929.7M | |
| Total Stockholder Equity | (818M) | 1.6B | 1.8B | 1.9B | 2.0B | 2.1B | |
| Other Liab | 361M | 416M | 439M | 446M | 512.9M | 439.6M | |
| Net Tangible Assets | (3.8B) | (1.4B) | (1.2B) | (1.0B) | (1.2B) | (1.3B) | |
| Property Plant And Equipment Net | 579M | 673M | 732M | 787M | 788M | 698.8M | |
| Current Deferred Revenue | 176M | 139M | 112M | 172M | 197.8M | 207.7M | |
| Net Debt | 4.2B | 2.0B | 2.0B | 2.1B | 1.8B | 2.7B | |
| Retained Earnings | (823M) | 233M | 365M | 431M | 537M | 563.9M | |
| Accounts Payable | 135M | 226M | 261M | 298M | 253M | 224.7M | |
| Cash | 102M | 312M | 164M | 38M | 115M | 122.1M | |
| Non Current Assets Total | 3.6B | 3.7B | 3.7B | 3.8B | 3.7B | 3.4B | |
| Non Currrent Assets Other | 9M | 25M | 36M | 61M | 55M | 57.8M | |
| Other Assets | 9M | 86M | 36M | 49M | 44.1M | 41.9M | |
| Long Term Debt | 4.2B | 2.2B | 2.1B | 2.1B | 1.8B | 2.3B | |
| Cash And Short Term Investments | 102M | 312M | 164M | 38M | 115M | 122.1M | |
| Net Receivables | 35M | 309M | 338M | 370M | 361M | 244.5M | |
| Long Term Debt Total | 5.7B | 4.2B | 2.2B | 2.1B | 1.9B | 2.6B | |
| Liabilities And Stockholders Equity | 4.2B | 4.7B | 4.8B | 4.9B | 4.8B | 4.1B | |
| Non Current Liabilities Total | 4.6B | 2.7B | 2.6B | 2.6B | 2.3B | 2.7B | |
| Inventory | 418M | 419M | 583M | 722M | 524M | 544.7M | |
| Other Current Assets | 15M | 13M | 19M | 41M | 47.2M | 49.5M | |
| Other Stockholder Equity | 1.7B | 647M | 1.4B | 1.4B | 1.4B | 1.4B | |
| Total Liab | 5.0B | 3.1B | 3.1B | 3.1B | 2.8B | 3.6B | |
| Net Invested Capital | 3.4B | 3.8B | 3.9B | 4.0B | 3.8B | 3.3B | |
| Property Plant And Equipment Gross | 579M | 673M | 732M | 787M | 1.7B | 1.8B | |
| Total Current Assets | 570M | 1.1B | 1.1B | 1.2B | 1.0B | 933.7M | |
| Accumulated Other Comprehensive Income | 5M | 1M | 10M | 52M | 50M | 52.5M | |
| Non Current Liabilities Other | 19M | 141M | 134M | 47M | 72M | 69.1M | |
| Net Working Capital | 192M | 621M | 620M | 675M | 563M | 591.2M | |
| Short Term Debt | 21M | 38M | 36M | 39M | 16M | 15.2M | |
| Intangible Assets | 1.1B | 1.1B | 1.1B | 1.0B | 1.0B | 874.2M | |
| Property Plant Equipment | 579M | 612M | 677M | 722M | 830.3M | 637.6M |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reynolds Consumer Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Household Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reynolds Consumer. If investors know Reynolds will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reynolds Consumer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.106 | Dividend Share 0.92 | Earnings Share 1.75 | Revenue Per Share 17.522 | Quarterly Revenue Growth (0.03) |
The market value of Reynolds Consumer is measured differently than its book value, which is the value of Reynolds that is recorded on the company's balance sheet. Investors also form their own opinion of Reynolds Consumer's value that differs from its market value or its book value, called intrinsic value, which is Reynolds Consumer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reynolds Consumer's market value can be influenced by many factors that don't directly affect Reynolds Consumer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reynolds Consumer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reynolds Consumer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reynolds Consumer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.