SMDS Income Before Tax vs Selling And Marketing Expenses Analysis

SMDS Stock   582.00  12.00  2.02%   
DS Smith financial indicator trend analysis is much more than just examining DS Smith PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DS Smith PLC is a good investment. Please check the relationship between DS Smith Income Before Tax and its Selling And Marketing Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in DS Smith PLC. 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 Selling And Marketing Expenses

Income Before Tax vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DS Smith PLC Income Before Tax account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DS Smith's Income Before Tax and Selling And Marketing Expenses is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of DS Smith PLC, assuming nothing else is changed. The correlation between historical values of DS Smith's Income Before Tax and Selling And Marketing Expenses 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 DS Smith PLC are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Before Tax i.e., DS Smith's Income Before Tax and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

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

Selling And Marketing Expenses

Most indicators from DS Smith's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DS Smith PLC 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 DS Smith PLC. 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 gain to about 1.5 B in 2024, whereas Discontinued Operations is likely to drop slightly above 13.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68M75M116M121.8M
Depreciation And Amortization428M425M421M442.1M

DS Smith fundamental ratios Correlations

0.970.820.970.980.980.930.920.880.631.0-0.580.70.920.870.520.950.970.980.990.980.970.830.920.750.95
0.970.830.90.920.960.980.860.820.560.98-0.470.630.90.830.50.970.940.950.980.960.890.770.90.70.94
0.820.830.80.760.850.820.770.670.430.83-0.370.370.750.60.230.780.850.750.850.850.740.510.750.50.85
0.970.90.80.950.940.870.890.930.580.95-0.580.660.880.810.520.860.980.920.960.940.980.860.880.70.92
0.980.920.760.950.970.860.950.830.720.98-0.610.770.90.90.520.910.930.980.950.970.960.860.90.730.92
0.980.960.850.940.970.930.960.810.610.99-0.50.630.920.830.440.950.950.950.971.00.920.790.930.640.97
0.930.980.820.870.860.930.80.80.40.95-0.440.50.840.780.490.960.910.90.960.930.830.720.840.680.92
0.920.860.770.890.950.960.80.70.670.92-0.480.660.860.790.410.840.870.90.870.950.890.820.860.520.9
0.880.820.670.930.830.810.80.70.470.86-0.460.540.810.720.410.770.930.830.90.820.910.750.80.730.81
0.630.560.430.580.720.610.40.670.470.61-0.350.860.70.610.290.550.560.710.560.60.70.620.710.460.55
1.00.980.830.950.980.990.950.920.860.61-0.570.670.910.880.50.970.960.980.990.990.940.80.910.740.96
-0.58-0.47-0.37-0.58-0.61-0.5-0.44-0.48-0.46-0.35-0.57-0.66-0.39-0.74-0.73-0.55-0.51-0.59-0.55-0.5-0.59-0.41-0.38-0.82-0.44
0.70.630.370.660.770.630.50.660.540.860.67-0.660.680.750.720.630.620.770.630.630.770.720.680.670.56
0.920.90.750.880.90.920.840.860.810.70.91-0.390.680.720.380.890.890.910.910.920.90.751.00.570.93
0.870.830.60.810.90.830.780.790.720.610.88-0.740.750.720.580.840.780.920.830.830.830.720.720.860.78
0.520.50.230.520.520.440.490.410.410.290.5-0.730.720.380.580.510.490.520.50.430.560.580.370.60.37
0.950.970.780.860.910.950.960.840.770.550.97-0.550.630.890.840.510.890.950.950.950.850.70.890.730.92
0.970.940.850.980.930.950.910.870.930.560.96-0.510.620.890.780.490.890.920.980.950.960.810.890.690.93
0.980.950.750.920.980.950.90.90.830.710.98-0.590.770.910.920.520.950.920.950.960.940.810.910.790.92
0.990.980.850.960.950.970.960.870.90.560.99-0.550.630.910.830.50.950.980.950.970.940.790.910.740.96
0.980.960.850.940.971.00.930.950.820.60.99-0.50.630.920.830.430.950.950.960.970.920.790.930.640.97
0.970.890.740.980.960.920.830.890.910.70.94-0.590.770.90.830.560.850.960.940.940.920.880.90.720.89
0.830.770.510.860.860.790.720.820.750.620.8-0.410.720.750.720.580.70.810.810.790.790.880.750.520.77
0.920.90.750.880.90.930.840.860.80.710.91-0.380.681.00.720.370.890.890.910.910.930.90.750.570.93
0.750.70.50.70.730.640.680.520.730.460.74-0.820.670.570.860.60.730.690.790.740.640.720.520.570.62
0.950.940.850.920.920.970.920.90.810.550.96-0.440.560.930.780.370.920.930.920.960.970.890.770.930.62
Click cells to compare fundamentals

DS Smith Account Relationship Matchups

DS Smith fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B8.7B9.9B9.5B9.3B9.7B
Short Long Term Debt Total2.7B2.6B2.3B2.1B2.8B2.9B
Other Current Liab766M517M542M889M748M785.4M
Total Current Liabilities2.2B2.5B3.6B3.0B2.7B2.8B
Total Stockholder Equity3.4B3.5B4.2B4.1B3.9B4.1B
Property Plant And Equipment Net3.3B3.3B3.3B3.8B4.0B4.2B
Net Debt2.3B2.2B1.9B1.7B2.3B2.4B
Retained Earnings1.0B1.2B1.4B1.6B1.7B1.8B
Accounts Payable1.0B1.3B1.9B1.6B1.3B1.3B
Cash402M378M469M466M499M524.0M
Non Current Assets Total6.7B6.4B6.8B6.9B6.9B7.3B
Non Currrent Assets Other(2.2B)(2.2B)(2.2B)(2.2B)50M52.5M
Cash And Short Term Investments595M813M819M472M499M524.0M
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.4B1.2B
Short Term Investments193M435M350M6M62M48.3M
Liabilities And Stockholders Equity8.6B8.7B9.9B9.5B9.3B9.7B
Non Current Liabilities Total3.1B2.7B2.1B2.3B2.6B2.7B
Inventory524M543M710M625M596M625.8M
Total Liab5.3B5.2B5.7B5.4B5.3B5.6B
Property Plant And Equipment Gross3.3B3.3B3.3B3.8B4.0B4.2B
Total Current Assets2.0B2.3B3.1B2.5B2.3B2.4B
Short Term Debt261M400M817M248M561M589.1M
Accumulated Other Comprehensive Income(25M)(31M)504M128M(146M)(153.3M)
Intangible Assets3.2B3.0B2.9B2.9B585M873.2M
Other Liab531M570M469M554M637.1M669.0M
Long Term Debt2.1B2.1B1.4B1.7B2.0B2.1B
Net Receivables795M646M993M1.0B872M535.3M
Good Will2.2B2.2B2.2B2.3B2.2B2.3B
Other Current Assets37M294M586M405M359M198.1M
Property Plant Equipment2.9B3.3B3.3B3.3B3.8B4.0B
Other Assets135M85M512M218M250.7M263.2M
Net Tangible Assets(151M)153M538M1.3B1.5B1.6B
Short Long Term Debt180M329M754M178M486M372M
Current Deferred Revenue149M133M143M165M134M140.7M
Capital Surpluse1.3B2.2B2.2B2.2B2.6B1.9B

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Additional Tools for SMDS Stock Analysis

When running DS Smith's price analysis, check to measure DS Smith'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 DS Smith is operating at the current time. Most of DS Smith's value examination focuses on studying past and present price action to predict the probability of DS Smith's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DS Smith's price. Additionally, you may evaluate how the addition of DS Smith to your portfolios can decrease your overall portfolio volatility.