SNDL Income Before Tax vs Operating Income Analysis

SNDL Stock  USD 1.96  0.06  2.97%   
SNDL financial indicator trend analysis is much more than just breaking down SNDL Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SNDL Inc is a good investment. Please check the relationship between SNDL Income Before Tax and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SNDL Inc Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between SNDL's Income Before Tax and Operating Income is 0.69. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of SNDL Inc, assuming nothing else is changed. The correlation between historical values of SNDL's Income Before Tax and Operating 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 SNDL Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., SNDL's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

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

Operating Income

Operating Income is the amount of profit realized from SNDL Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SNDL Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from SNDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SNDL Inc 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 SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, SNDL's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to grow at the current pace this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Interest Income13.7M17.6M15.4M14.6M
Reconciled Depreciation9.6M47.3M64.9M68.2M

SNDL fundamental ratios Correlations

0.710.680.50.950.920.63-0.56-0.910.570.870.91-0.010.850.780.850.890.40.810.790.890.880.750.840.950.24
0.710.810.880.60.590.910.13-0.690.850.360.72-0.430.340.890.640.590.540.710.660.670.720.990.790.550.76
0.680.810.60.710.740.730.1-0.860.850.290.86-0.250.260.850.790.770.330.910.880.820.740.790.940.480.47
0.50.880.60.40.380.790.15-0.480.790.290.5-0.730.270.820.550.330.50.410.330.480.650.90.590.430.95
0.950.60.710.40.990.53-0.59-0.950.60.860.970.10.840.70.890.970.360.880.870.960.820.650.890.920.14
0.920.590.740.380.990.53-0.54-0.960.650.810.980.120.790.690.890.990.360.910.90.980.80.640.920.880.13
0.630.910.730.790.530.530.19-0.660.830.310.63-0.410.280.830.620.510.810.620.590.60.70.920.690.470.63
-0.560.130.10.15-0.59-0.540.190.380.19-0.86-0.38-0.29-0.88-0.08-0.43-0.470.07-0.18-0.19-0.42-0.40.04-0.19-0.750.33
-0.91-0.69-0.86-0.48-0.95-0.96-0.660.38-0.74-0.7-0.980.06-0.68-0.82-0.96-0.95-0.44-0.92-0.91-0.98-0.89-0.73-0.96-0.82-0.24
0.570.850.850.790.60.650.830.19-0.740.270.74-0.380.240.80.70.650.590.740.70.760.670.860.840.430.67
0.870.360.290.290.860.810.31-0.86-0.70.270.710.11.00.480.710.740.310.520.510.730.710.450.560.970.04
0.910.720.860.50.970.980.63-0.38-0.980.740.710.010.690.780.90.980.370.960.950.980.830.750.970.830.27
-0.01-0.43-0.25-0.730.10.12-0.41-0.290.06-0.380.10.010.11-0.56-0.280.2-0.20.120.19-0.01-0.41-0.46-0.12-0.01-0.81
0.850.340.260.270.840.790.28-0.88-0.680.241.00.690.110.460.690.720.290.50.490.710.690.430.530.960.03
0.780.890.850.820.70.690.83-0.08-0.820.80.480.78-0.560.460.860.650.460.70.660.770.930.910.840.660.67
0.850.640.790.550.890.890.62-0.43-0.960.70.710.9-0.280.690.860.840.420.790.760.930.960.70.890.810.33
0.890.590.770.330.970.990.51-0.47-0.950.650.740.980.20.720.650.840.320.950.950.970.740.620.920.820.09
0.40.540.330.50.360.360.810.07-0.440.590.310.37-0.20.290.460.420.320.320.310.390.460.590.370.360.32
0.810.710.910.410.880.910.62-0.18-0.920.740.520.960.120.50.70.790.950.321.00.920.690.70.960.660.21
0.790.660.880.330.870.90.59-0.19-0.910.70.510.950.190.490.660.760.950.311.00.910.660.650.940.640.13
0.890.670.820.480.960.980.6-0.42-0.980.760.730.98-0.010.710.770.930.970.390.920.910.840.710.960.830.25
0.880.720.740.650.820.80.7-0.4-0.890.670.710.83-0.410.690.930.960.740.460.690.660.840.780.820.830.43
0.750.990.790.90.650.640.920.04-0.730.860.450.75-0.460.430.910.70.620.590.70.650.710.780.80.620.76
0.840.790.940.590.890.920.69-0.19-0.960.840.560.97-0.120.530.840.890.920.370.960.940.960.820.80.710.4
0.950.550.480.430.920.880.47-0.75-0.820.430.970.83-0.010.960.660.810.820.360.660.640.830.830.620.710.18
0.240.760.470.950.140.130.630.33-0.240.670.040.27-0.810.030.670.330.090.320.210.130.250.430.760.40.18
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SNDL Account Relationship Matchups

SNDL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets510.0M294.9M1.4B1.6B1.5B743.9M
Short Long Term Debt Total194.9M1.4M33.5M169.8M167.0M89.1M
Other Current Liab32.5M18.9M(4.2M)49.4M50.6M53.1M
Total Current Liabilities269.2M24.1M65.9M89.4M103.1M87.2M
Total Stockholder Equity216.5M265.2M1.3B1.3B1.2B1.3B
Other Liab16.1M3.4M4.5M2.7M3.1M4.9M
Net Tangible Assets161.0M260.2M1.2B1.2B1.3B1.4B
Retained Earnings(360.3M)(564.6M)(788.5M)(1.1B)(1.3B)(1.2B)
Accounts Payable20.2M4.8M4.2M9.8M22.0M23.1M
Cash45.3M60.4M558.3M279.6M195.0M160.1M
Non Current Assets Total337.4M176.5M696.1M1.1B1.1B1.1B
Non Currrent Assets Other(337.4M)(173.9M)7.7M8.6M4.8M5.1M
Cash And Short Term Investments45.3M60.4M649.0M311.8M201.6M177.9M
Net Receivables27.6M15.9M10.9M22.6M27.1M14.7M
Common Stock Total Equity25.8M0.0509.7M762.0M876.4M920.2M
Common Stock Shares Outstanding8.6M21.9M186.0M229.9M259.4M272.3M
Liabilities And Stockholders Equity510.0M294.9M1.4B1.6B1.5B1.5B
Non Current Liabilities Total19.6M1.0M32.3M142.3M140.7M147.7M
Capital Lease Obligations722K1.4M33.5M169.8M167.0M175.4M
Inventory74.3M29.1M33.9M131.3M129.5M136.0M
Other Current Assets14.3M13.0M34.4M35.8M48.7M51.2M
Other Stockholder Equity60.3M67.8M67.7M73.5M77.6M49.3M
Total Liab288.8M25.2M98.1M231.7M243.8M140.1M
Property Plant And Equipment Gross282.0M116.9M216.5M492.5M583.9M613.1M
Total Current Assets172.6M118.4M728.2M501.5M406.9M269.8M
Accumulated Other Comprehensive Income6.9M8.4M7.6M32.2M19.4M10.2M
Short Term Debt178.6M409K5.7M30.2M30.5M38.2M
Intangible Assets44.0M5.1M4.7M74.9M73.1M76.8M
Common Stock509.7M762.0M2.0B2.3B2.4B2.5B

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When determining whether SNDL Inc is a strong investment it is important to analyze SNDL'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 SNDL's future performance. For an informed investment choice regarding SNDL 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 SNDL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Pharmaceuticals 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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
3.461
Quarterly Revenue Growth
(0)
Return On Assets
(0.02)
Return On Equity
(0.09)
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SNDL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.