One Ebit vs Income Before Tax Analysis

STKS Stock

USD 3.43 0.13 3.94%

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

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of One Group Hospitality Ebit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between One Group's Ebit and Income Before Tax is 0.72. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of One Group Hospitality, assuming nothing else is changed. The correlation between historical values of One Group's Ebit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of One Group Hospitality are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebit i.e., One Group's Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebit

Income Before Tax

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

Most indicators from One Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One Group Hospitality 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 One Group Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

At this time, One Group's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 479.4 K in 2024, whereas Tax Provision is likely to drop (77.7 K) in 2024.

	2023	2024 (projected)
Reconciled Depreciation	14.5M	9.2M
Interest Income	2.2M	1.6M

Reconciled Depreciation Interest Income

One Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Long Term Debt Total	Other Current Assets	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Retained Earnings Total Equity	Inventory	Deferred Long Term Liab	Property Plant Equipment	Property Plant And Equipment Net
Total Assets		0.89	0.96	0.9	0.98	0.73	0.61	0.61	-0.29	0.64	0.52	0.99	0.91	-0.29	0.95	0.99	0.39	0.99	-0.13	0.46	0.96	0.72	0.96	-0.42	0.78	0.99
Other Current Liab	0.89		0.96	0.72	0.9	0.73	0.38	0.38	0.06	0.41	0.18	0.9	0.75	0.06	0.93	0.88	0.26	0.92	0.09	0.38	0.88	0.71	0.88	-0.43	0.58	0.92
Total Current Liabilities	0.96	0.96		0.8	0.96	0.67	0.5	0.5	-0.15	0.61	0.43	0.97	0.87	-0.15	0.96	0.95	0.39	0.97	-0.07	0.47	0.93	0.66	0.94	-0.39	0.74	0.97
Total Stockholder Equity	0.9	0.72	0.8		0.81	0.84	0.65	0.65	-0.43	0.54	0.53	0.84	0.83	-0.43	0.85	0.85	0.41	0.87	-0.15	0.2	0.83	0.84	0.92	-0.41	0.58	0.87
Net Debt	0.98	0.9	0.96	0.81		0.66	0.48	0.48	-0.21	0.62	0.46	0.99	0.83	-0.21	0.92	0.99	0.33	0.99	-0.15	0.52	0.95	0.65	0.92	-0.44	0.82	0.99
Retained Earnings	0.73	0.73	0.67	0.84	0.66		0.56	0.56	0.07	0.11	0.01	0.67	0.66	0.07	0.7	0.7	0.15	0.74	0.2	0.02	0.69	1.0	0.77	-0.5	0.3	0.72
Cash	0.61	0.38	0.5	0.65	0.48	0.56		1.0	-0.22	0.35	0.41	0.57	0.76	-0.22	0.44	0.6	0.16	0.55	0.23	0.35	0.59	0.56	0.54	-0.34	0.47	0.53
Cash And Short Term Investments	0.61	0.38	0.5	0.65	0.48	0.56	1.0		-0.22	0.35	0.41	0.57	0.76	-0.22	0.44	0.6	0.16	0.55	0.23	0.35	0.59	0.56	0.54	-0.34	0.47	0.53
Common Stock Total Equity	-0.29	0.06	-0.15	-0.43	-0.21	0.07	-0.22	-0.22		-0.59	-0.84	-0.24	-0.26	1.0	-0.25	-0.23	-0.36	-0.22	0.62	-0.15	-0.24	0.07	-0.31	-0.18	-0.28	-0.23
Common Stock Shares Outstanding	0.64	0.41	0.61	0.54	0.62	0.11	0.35	0.35	-0.59		0.87	0.65	0.68	-0.59	0.61	0.61	0.72	0.59	-0.51	0.37	0.59	0.11	0.63	-0.01	0.76	0.6
Other Stockholder Equity	0.52	0.18	0.43	0.53	0.46	0.01	0.41	0.41	-0.84	0.87		0.5	0.53	-0.84	0.45	0.48	0.53	0.45	-0.56	0.35	0.44	0.0	0.49	-0.03	0.67	0.47
Total Liab	0.99	0.9	0.97	0.84	0.99	0.67	0.57	0.57	-0.24	0.65	0.5		0.89	-0.24	0.94	0.99	0.37	0.99	-0.12	0.51	0.97	0.66	0.94	-0.41	0.81	0.99
Total Current Assets	0.91	0.75	0.87	0.83	0.83	0.66	0.76	0.76	-0.26	0.68	0.53	0.89		-0.26	0.84	0.89	0.47	0.86	-0.13	0.38	0.89	0.66	0.9	-0.27	0.68	0.86
Common Stock	-0.29	0.06	-0.15	-0.43	-0.21	0.07	-0.22	-0.22	1.0	-0.59	-0.84	-0.24	-0.26		-0.25	-0.23	-0.36	-0.22	0.62	-0.15	-0.24	0.07	-0.31	-0.18	-0.28	-0.23
Accounts Payable	0.95	0.93	0.96	0.85	0.92	0.7	0.44	0.44	-0.25	0.61	0.45	0.94	0.84	-0.25		0.91	0.39	0.94	-0.13	0.28	0.92	0.69	0.97	-0.31	0.63	0.96
Short Long Term Debt Total	0.99	0.88	0.95	0.85	0.99	0.7	0.6	0.6	-0.23	0.61	0.48	0.99	0.89	-0.23	0.91		0.33	0.99	-0.09	0.52	0.97	0.69	0.93	-0.45	0.81	0.99
Other Current Assets	0.39	0.26	0.39	0.41	0.33	0.15	0.16	0.16	-0.36	0.72	0.53	0.37	0.47	-0.36	0.39	0.33		0.34	-0.32	0.17	0.28	0.15	0.39	0.19	0.46	0.34
Non Current Assets Total	0.99	0.92	0.97	0.87	0.99	0.74	0.55	0.55	-0.22	0.59	0.45	0.99	0.86	-0.22	0.94	0.99	0.34		-0.08	0.46	0.96	0.73	0.95	-0.47	0.78	1.0
Non Currrent Assets Other	-0.13	0.09	-0.07	-0.15	-0.15	0.2	0.23	0.23	0.62	-0.51	-0.56	-0.12	-0.13	0.62	-0.13	-0.09	-0.32	-0.08		-0.1	-0.1	0.2	-0.22	-0.24	-0.2	-0.09
Other Assets	0.46	0.38	0.47	0.2	0.52	0.02	0.35	0.35	-0.15	0.37	0.35	0.51	0.38	-0.15	0.28	0.52	0.17	0.46	-0.1		0.44	0.02	0.28	-0.22	0.62	0.44
Long Term Debt	0.96	0.88	0.93	0.83	0.95	0.69	0.59	0.59	-0.24	0.59	0.44	0.97	0.89	-0.24	0.92	0.97	0.28	0.96	-0.1	0.44		0.68	0.94	-0.4	0.68	0.96
Retained Earnings Total Equity	0.72	0.71	0.66	0.84	0.65	1.0	0.56	0.56	0.07	0.11	0.0	0.66	0.66	0.07	0.69	0.69	0.15	0.73	0.2	0.02	0.68		0.76	-0.5	0.29	0.72
Inventory	0.96	0.88	0.94	0.92	0.92	0.77	0.54	0.54	-0.31	0.63	0.49	0.94	0.9	-0.31	0.97	0.93	0.39	0.95	-0.22	0.28	0.94	0.76		-0.35	0.64	0.96
Deferred Long Term Liab	-0.42	-0.43	-0.39	-0.41	-0.44	-0.5	-0.34	-0.34	-0.18	-0.01	-0.03	-0.41	-0.27	-0.18	-0.31	-0.45	0.19	-0.47	-0.24	-0.22	-0.4	-0.5	-0.35		-0.36	-0.45
Property Plant Equipment	0.78	0.58	0.74	0.58	0.82	0.3	0.47	0.47	-0.28	0.76	0.67	0.81	0.68	-0.28	0.63	0.81	0.46	0.78	-0.2	0.62	0.68	0.29	0.64	-0.36		0.77
Property Plant And Equipment Net	0.99	0.92	0.97	0.87	0.99	0.72	0.53	0.53	-0.23	0.6	0.47	0.99	0.86	-0.23	0.96	0.99	0.34	1.0	-0.09	0.44	0.96	0.72	0.96	-0.45	0.77

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One Group Account Relationship Matchups

One Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	206.6M	215.6M	229.8M	291.0M	317.2M	333.1M
Other Current Liab	11.2M	16.6M	16.3M	18.6M	30.4M	31.9M
Total Current Liabilities	28.1M	40.7M	42.3M	45.7M	58.2M	61.1M
Total Stockholder Equity	34.3M	23.2M	61.2M	69.7M	69.2M	72.6M
Net Debt	136.3M	134.7M	109.0M	128.5M	179.1M	188.1M
Retained Earnings	(7.9M)	(20.7M)	10.6M	24.2M	28.9M	30.3M
Cash	12.3M	24.4M	23.6M	55.1M	21.0M	12.6M
Cash And Short Term Investments	12.3M	24.4M	23.6M	55.1M	21.0M	12.6M
Common Stock Shares Outstanding	29.6M	28.9M	33.8M	33.9M	32.3M	21.8M
Liabilities And Stockholders Equity	206.6M	215.6M	229.8M	291.0M	317.2M	333.1M
Other Stockholder Equity	44.9M	46.5M	53.4M	48.4M	43.2M	30.5M
Total Liab	172.7M	193.6M	169.3M	222.4M	249.9M	262.4M
Total Current Assets	27.1M	34.4M	42.9M	78.5M	46.7M	49.0M
Accounts Payable	8.3M	7.4M	11.1M	13.1M	19.1M	20.0M
Short Long Term Debt Total	148.7M	159.1M	132.6M	183.6M	200.2M	210.2M
Other Current Assets	1.0M	1.3M	3.7M	2.1M	1.8M	1.6M
Noncontrolling Interest In Consolidated Entity	(402K)	(1.2M)	(909K)	(1.1M)	(1.0M)	(961.0K)
Non Current Assets Total	179.4M	181.2M	186.9M	212.5M	270.6M	284.1M
Non Currrent Assets Other	1.6M	2.4M	3.2M	4.8M	4.7M	4.9M
Other Assets	10.7M	97.5M	16.4M	18.0M	20.6M	15.2M
Long Term Debt	45.2M	45.1M	23.1M	70.5M	70.4M	73.9M
Retained Earnings Total Equity	(7.9M)	(20.7M)	10.6M	24.2M	27.8M	29.2M
Inventory	3.1M	2.5M	3.9M	5.7M	6.2M	6.5M
Accumulated Other Comprehensive Income	(2.7M)	(2.6M)	(2.6M)	(2.9M)	(2.9M)	(2.8M)
Property Plant Equipment	151.6M	148.3M	155.0M	94.1M	108.2M	66.3M
Property Plant And Equipment Net	151.6M	148.3M	155.0M	179.2M	235.8M	247.6M
Current Deferred Revenue	3.5M	2.2M	2.1M	2.4M	1.7M	1.4M
Net Receivables	10.7M	6.2M	11.7M	15.6M	17.6M	9.0M
Non Current Liabilities Total	144.5M	152.8M	127.0M	176.8M	191.7M	201.3M
Short Term Debt	5.1M	15.5M	11.3M	8.0M	8.6M	6.4M
Other Liab	1.0M	953K	298K	972K	874.8K	831.1K
Net Tangible Assets	17.1M	6.9M	45.7M	69.7M	80.2M	84.2M
Capital Surpluse	44.9M	46.5M	53.5M	55.6M	63.9M	45.7M
Property Plant And Equipment Gross	151.6M	67.3M	69.6M	94.1M	295.1M	309.9M

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