Sachem Income Before Tax vs Net Income Analysis

SCCC Stock  USD 24.19  0.07  0.29%   
Sachem Capital financial indicator trend analysis is much more than just breaking down Sachem Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sachem Capital Corp is a good investment. Please check the relationship between Sachem Capital Income Before Tax and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sachem Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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 Sachem Capital Corp Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Sachem Capital's Income Before Tax and Net Income is 0.99. 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 Sachem Capital Corp, assuming nothing else is changed. The correlation between historical values of Sachem Capital's 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 Sachem Capital Corp 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., Sachem Capital's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sachem Capital income statement and is an important metric when analyzing Sachem Capital Corp 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 Sachem Capital Corp financial statement analysis. It represents the amount of money remaining after all of Sachem Capital Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Sachem Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sachem Capital Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sachem Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 5.1 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.09.
 2021 2022 2023 2024 (projected)
Gross Profit20.0B52.2M30.0B31.4B
Total Revenue20.0B52.3M30.0B31.5B

Sachem Capital fundamental ratios Correlations

0.980.760.71.00.740.980.940.710.531.00.960.740.870.13-0.981.01.00.780.780.880.741.0-0.921.0-0.79
0.980.650.580.980.631.00.920.730.660.980.890.620.890.14-0.970.980.980.660.660.930.630.98-0.850.98-0.69
0.760.651.00.721.00.680.840.15-0.150.770.791.00.58-0.03-0.710.740.771.00.930.411.00.77-0.950.74-0.96
0.70.581.00.671.00.620.790.1-0.220.720.761.00.52-0.04-0.660.690.720.990.940.341.00.72-0.920.69-0.95
1.00.980.720.670.710.980.930.740.571.00.960.710.870.14-0.981.00.990.750.760.890.710.99-0.91.0-0.77
0.740.631.01.00.710.660.820.15-0.170.760.791.00.56-0.03-0.690.730.761.00.940.381.00.75-0.940.73-0.95
0.981.00.680.620.980.660.930.680.620.980.880.660.880.12-0.970.980.980.690.670.920.660.98-0.870.97-0.72
0.940.920.840.790.930.820.930.50.350.950.880.820.850.22-0.910.940.950.840.830.760.820.95-0.950.93-0.84
0.710.730.150.10.740.150.680.50.840.680.720.140.670.27-0.720.730.680.210.350.830.150.68-0.430.73-0.25
0.530.66-0.15-0.220.57-0.170.620.350.840.510.4-0.170.580.22-0.570.550.51-0.12-0.050.81-0.170.52-0.170.540.04
1.00.980.770.721.00.760.980.950.680.510.950.760.870.12-0.981.01.00.790.790.870.761.0-0.931.0-0.81
0.960.890.790.760.960.790.880.880.720.40.950.790.80.14-0.930.960.950.830.870.780.790.95-0.920.96-0.83
0.740.621.01.00.711.00.660.820.14-0.170.760.790.56-0.03-0.690.730.761.00.940.381.00.75-0.940.73-0.95
0.870.890.580.520.870.560.880.850.670.580.870.80.560.3-0.90.870.870.60.610.90.560.87-0.780.87-0.52
0.130.14-0.03-0.040.14-0.030.120.220.270.220.120.14-0.030.3-0.140.130.13-0.010.140.2-0.030.13-0.040.15-0.04
-0.98-0.97-0.71-0.66-0.98-0.69-0.97-0.91-0.72-0.57-0.98-0.93-0.69-0.9-0.14-0.98-0.98-0.73-0.72-0.89-0.7-0.980.89-0.980.74
1.00.980.740.691.00.730.980.940.730.551.00.960.730.870.13-0.981.00.760.770.880.731.0-0.911.0-0.78
1.00.980.770.720.990.760.980.950.680.511.00.950.760.870.13-0.981.00.790.790.870.761.0-0.931.0-0.81
0.780.661.00.990.751.00.690.840.21-0.120.790.831.00.6-0.01-0.730.760.790.950.431.00.79-0.950.77-0.96
0.780.660.930.940.760.940.670.830.35-0.050.790.870.940.610.14-0.720.770.790.950.470.940.79-0.920.78-0.92
0.880.930.410.340.890.380.920.760.830.810.870.780.380.90.2-0.890.880.870.430.470.390.88-0.670.89-0.44
0.740.631.01.00.711.00.660.820.15-0.170.760.791.00.56-0.03-0.70.730.761.00.940.390.76-0.940.73-0.96
1.00.980.770.720.990.750.980.950.680.521.00.950.750.870.13-0.981.01.00.790.790.880.76-0.931.0-0.8
-0.92-0.85-0.95-0.92-0.9-0.94-0.87-0.95-0.43-0.17-0.93-0.92-0.94-0.78-0.040.89-0.91-0.93-0.95-0.92-0.67-0.94-0.93-0.910.92
1.00.980.740.691.00.730.970.930.730.541.00.960.730.870.15-0.981.01.00.770.780.890.731.0-0.91-0.79
-0.79-0.69-0.96-0.95-0.77-0.95-0.72-0.84-0.250.04-0.81-0.83-0.95-0.52-0.040.74-0.78-0.81-0.96-0.92-0.44-0.96-0.80.92-0.79
Click cells to compare fundamentals

Sachem Capital Account Relationship Matchups

Sachem Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.2M226.7B418.0B565.7B625.5B656.8B
Short Long Term Debt Total56.3M110.7B180.4B323.3B251.7B264.3B
Other Current Liab(17.2K)(32.4M)(53.6M)268.7M4.6B4.8B
Total Current Liabilities2.3M(3.3M)(164.7M)(323.4M)4.6B4.9B
Total Stockholder Equity82.6M80.9B180.1B217.7B230.1B241.6B
Current Deferred Revenue2.1M3.9M19.7M14.3M4.6B4.9B
Net Debt37.5M91.3B138.5B299.6B239.1B251.1B
Accounts Payable253.3K376.0K666.5K1.4M1.8M1.9M
Cash18.8M19.4B41.9B23.7B12.6B10.7B
Non Current Assets Total17.3M207.3B376.0B541.9B4.0B3.8B
Non Currrent Assets Other(17.3M)204.4B373.1B536.5B607.7B638.1B
Cash And Short Term Investments34.8M19.4B41.9B23.7B50.4B52.9B
Net Receivables2.4M3.9M7.5M11.6M500.2B525.2B
Common Stock Shares Outstanding19.4M22.1M26.3M37.7M44.2M22.6M
Liabilities And Stockholders Equity141.2M226.7B418.0B565.7B625.5B656.8B
Other Current Assets(139.2M)(223.7M)(414.2M)(559.3M)(603.8M)(573.6M)
Other Stockholder Equity85.1M83.8B185.5B226.2B249.8B262.3B
Total Liab58.7M145.8B237.9B348.0B395.5B415.2B
Total Current Assets37.1M19.4B41.9B23.7B550.6B578.1B
Short Term Debt17.2K28.1M33.2M3.6M88.3M92.7M
Property Plant And Equipment Net1.3M2.8B3.0B4.9B3.4B1.9B
Other Assets86.8M127.3M239.1M482.4M70.9B74.5B
Non Current Liabilities Total56.3M145.8B237.9B348.0B390.8B410.4B
Retained Earnings(1.3M)(2.9B)(5.0B)(8.0B)(20.1B)(19.1B)
Common Stock22.1K22.1M32.7M41.1M46.8M49.1M

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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.
When determining whether Sachem Capital Corp is a strong investment it is important to analyze Sachem Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sachem Capital's future performance. For an informed investment choice regarding Sachem Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sachem Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Trading 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 Sachem Capital. If investors know Sachem 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 Sachem Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sachem Capital Corp is measured differently than its book value, which is the value of Sachem that is recorded on the company's balance sheet. Investors also form their own opinion of Sachem Capital's value that differs from its market value or its book value, called intrinsic value, which is Sachem Capital'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 Sachem Capital's market value can be influenced by many factors that don't directly affect Sachem Capital'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 Sachem Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sachem Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sachem Capital'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.