Sitime Income Before Tax vs Ebit Analysis

SITM Stock  USD 210.50  1.83  0.88%   
Sitime financial indicator trend analysis is much more than just breaking down Sitime prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sitime is a good investment. Please check the relationship between Sitime Income Before Tax and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitime. 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.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sitime Income Before Tax account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Sitime's Income Before Tax and Ebit is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of Sitime, assuming nothing else is changed. The correlation between historical values of Sitime's Income Before Tax and Ebit 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 Sitime are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Sitime's Income Before Tax and Ebit 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 Sitime income statement and is an important metric when analyzing Sitime 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.

Ebit

Most indicators from Sitime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sitime 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 Sitime. 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.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.At this time, Sitime's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.60, while Selling General Administrative is likely to drop about 43.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit139.5M183.0M82.1M92.1M
Total Revenue218.8M283.6M144.0M162.3M

Sitime fundamental ratios Correlations

-0.840.870.60.99-0.931.00.90.99-0.38-0.40.770.30.870.560.70.90.620.750.880.810.990.930.870.910.74
-0.84-0.68-0.22-0.870.8-0.86-0.81-0.880.530.34-0.77-0.44-0.64-0.47-0.83-0.83-0.69-0.81-0.88-0.59-0.88-0.7-0.77-0.84-0.45
0.87-0.680.860.79-0.820.840.640.84-0.09-0.770.380.010.990.230.710.610.20.590.650.990.830.880.720.670.96
0.6-0.220.860.47-0.530.530.30.510.23-0.750.01-0.270.89-0.010.340.25-0.170.190.290.910.510.70.450.320.97
0.99-0.870.790.47-0.921.00.940.99-0.46-0.290.850.380.780.620.680.940.730.770.920.711.00.90.870.950.63
-0.930.8-0.82-0.53-0.92-0.93-0.9-0.920.150.41-0.68-0.06-0.83-0.69-0.83-0.82-0.54-0.81-0.79-0.78-0.91-0.93-0.81-0.85-0.69
1.0-0.860.840.531.0-0.930.920.99-0.42-0.360.810.340.830.590.70.920.670.770.90.771.00.920.870.930.69
0.9-0.810.640.30.94-0.90.920.91-0.4-0.130.870.320.640.760.660.970.720.810.920.560.920.840.920.980.46
0.99-0.880.840.510.99-0.920.990.91-0.46-0.390.790.380.820.550.720.920.660.810.890.761.00.90.850.930.68
-0.380.53-0.090.23-0.460.15-0.42-0.4-0.46-0.13-0.59-0.99-0.010.01-0.01-0.59-0.63-0.47-0.470.03-0.47-0.04-0.26-0.520.11
-0.40.34-0.77-0.75-0.290.41-0.36-0.13-0.39-0.130.240.18-0.740.31-0.54-0.090.38-0.4-0.11-0.81-0.35-0.42-0.25-0.18-0.8
0.77-0.770.380.010.85-0.680.810.870.79-0.590.240.530.370.750.450.910.960.570.910.260.810.640.760.860.16
0.3-0.440.01-0.270.38-0.060.340.320.38-0.990.180.53-0.07-0.07-0.090.530.580.40.39-0.10.39-0.050.180.45-0.17
0.87-0.640.990.890.78-0.830.830.640.82-0.01-0.740.37-0.070.280.70.590.190.560.630.990.810.910.720.650.97
0.56-0.470.23-0.010.62-0.690.590.760.550.010.310.75-0.070.280.510.640.710.440.650.170.560.650.620.630.1
0.7-0.830.710.340.68-0.830.70.660.72-0.01-0.540.45-0.090.70.510.560.360.720.650.670.690.730.650.620.55
0.9-0.830.610.250.94-0.820.920.970.92-0.59-0.090.910.530.590.640.560.780.80.930.510.930.760.880.990.41
0.62-0.690.2-0.170.73-0.540.670.720.66-0.630.380.960.580.190.710.360.780.470.770.080.680.480.560.71-0.02
0.75-0.810.590.190.77-0.810.770.810.81-0.47-0.40.570.40.560.440.720.80.470.650.530.780.60.630.810.4
0.88-0.880.650.290.92-0.790.90.920.89-0.47-0.110.910.390.630.650.650.930.770.650.550.90.810.940.940.45
0.81-0.590.990.910.71-0.780.770.560.760.03-0.810.26-0.10.990.170.670.510.080.530.550.750.850.650.580.99
0.99-0.880.830.511.0-0.911.00.921.0-0.47-0.350.810.390.810.560.690.930.680.780.90.750.90.860.940.67
0.93-0.70.880.70.9-0.930.920.840.9-0.04-0.420.64-0.050.910.650.730.760.480.60.810.850.90.860.80.81
0.87-0.770.720.450.87-0.810.870.920.85-0.26-0.250.760.180.720.620.650.880.560.630.940.650.860.860.930.59
0.91-0.840.670.320.95-0.850.930.980.93-0.52-0.180.860.450.650.630.620.990.710.810.940.580.940.80.930.49
0.74-0.450.960.970.63-0.690.690.460.680.11-0.80.16-0.170.970.10.550.41-0.020.40.450.990.670.810.590.49
Click cells to compare fundamentals

Sitime Account Relationship Matchups

Sitime fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets123.4M136.0M678.2M750.6M951.7M999.3M
Short Long Term Debt Total48.9M7.0M6.4M10.6M8.0M7.6M
Other Current Liab1.2M11.7M22.9M16.4M110.1M115.6M
Total Current Liabilities53.3M19.1M37.4M33.8M121.4M127.5M
Total Stockholder Equity62.1M109.9M632.5M708.5M708.1M743.5M
Net Tangible Assets57.7M107.8M626.5M703.3M808.8M849.2M
Property Plant And Equipment Net19.1M20.6M46.1M69.6M62.9M38.1M
Current Deferred Revenue6.1M7.2M8.6M18.4M21.2M22.3M
Net Debt(14.5M)(66.5M)(553.1M)(24.0M)(1.4M)(1.5M)
Retained Earnings(54.0M)(63.4M)(31.1M)(7.9M)(88.4M)(84.0M)
Accounts Payable3.9M6.2M13.1M14.9M8.7M9.0M
Cash63.4M73.5M559.5M34.6M9.5M9.0M
Non Current Assets Total23.7M22.8M52.3M81.5M328.4M344.9M
Cash And Short Term Investments63.4M73.5M559.5M564.1M528.2M283.8M
Net Receivables18.7M24.7M38.4M41.2M21.9M29.6M
Common Stock Shares Outstanding10.6M16.1M21.1M22.7M22.2M19.0M
Liabilities And Stockholders Equity123.4M136.0M678.2M750.6M951.7M999.3M
Non Current Liabilities Total7.9M7.0M8.3M8.3M122.2M128.3M
Capital Surpluse58.4M116.2M173.3M663.6M763.2M801.3M
Capital Lease Obligations9.8M7.0M6.4M8.1M8.0M6.2M
Inventory11.9M12.4M23.6M57.7M65.5M68.8M
Other Current Assets984K2.6M4.5M6.1M7.6M4.3M
Other Stockholder Equity116.2M173.3M663.6M716.3M796.5M408.1M
Total Liab61.3M26.1M45.7M42.1M243.6M255.8M
Net Invested Capital103.1M109.9M632.5M708.5M708.1M374.0M
Property Plant And Equipment Gross19.1M20.6M46.1M69.6M107.4M112.7M
Total Current Assets99.7M113.2M625.9M669.1M623.2M351.7M
Net Working Capital46.4M94.0M588.6M635.3M501.8M292.3M
Short Term Debt41M1.3M1.3M2.5M2.6M2.5M
Intangible Assets4.5M2.1M6.0M5.2M177.1M185.9M
Property Plant Equipment19.1M11.7M46.1M69.6M80.1M84.1M

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When determining whether Sitime is a strong investment it is important to analyze Sitime'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 Sitime's future performance. For an informed investment choice regarding Sitime 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 Sitime. 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.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Semiconductors & Semiconductor Equipment 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 Sitime. If investors know Sitime 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 Sitime 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
(0.61)
Earnings Share
(4.15)
Revenue Per Share
7.732
Quarterly Revenue Growth
0.624
Return On Assets
(0.08)
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.