Tilaknagar Income Before Tax vs Operating Income Analysis

TI Stock

409.00 8.50 2.04%

Tilaknagar Industries financial indicator trend analysis is much more than just breaking down Tilaknagar Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tilaknagar Industries is a good investment. Please check the relationship between Tilaknagar Industries 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 Tilaknagar Industries Limited. 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 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 Tilaknagar Industries Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tilaknagar Industries' Income Before Tax and Operating Income is 0.77. 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 Tilaknagar Industries Limited, assuming nothing else is changed. The correlation between historical values of Tilaknagar Industries' 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 Tilaknagar Industries Limited 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., Tilaknagar Industries' Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tilaknagar Industries income statement and is an important metric when analyzing Tilaknagar Industries 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 Tilaknagar Industries 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 Tilaknagar Industries Limited 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 Tilaknagar Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tilaknagar Industries 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 Tilaknagar Industries Limited. 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.

The current year's Issuance Of Capital Stock is expected to grow to about 593.3 M, whereas Selling General Administrative is forecasted to decline to about 133.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.0B	5.5B	6.2B	3.3B
Total Revenue	7.8B	11.6B	13.9B	14.6B

Gross Profit Total Revenue

Tilaknagar Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Retained Earnings
Total Assets		0.17	0.28	0.6	0.27	0.94	0.69	0.36	0.21	0.89	-0.05	-0.13	0.79	-0.19	0.23	-0.13	0.13	0.75	0.05	0.68	0.63	0.91	0.71	0.41	-0.24	0.1
Short Long Term Debt Total	0.17		0.36	0.63	-0.7	0.34	0.57	0.59	0.25	0.44	0.46	-0.14	-0.05	0.21	-0.13	-0.23	0.18	-0.29	0.56	0.27	0.69	-0.1	-0.09	-0.03	0.42	-0.69
Other Current Liab	0.28	0.36		0.59	-0.18	0.33	0.28	0.16	0.6	0.37	0.78	0.26	-0.04	-0.29	-0.05	0.15	-0.4	0.1	0.64	0.45	0.38	0.15	0.19	-0.01	-0.42	-0.18
Total Current Liabilities	0.6	0.63	0.59		-0.47	0.66	0.86	0.55	0.56	0.7	0.55	0.0	0.3	-0.29	-0.06	-0.11	-0.16	0.24	0.67	0.67	0.88	0.39	0.34	0.1	0.16	-0.47
Total Stockholder Equity	0.27	-0.7	-0.18	-0.47		0.0	-0.42	-0.51	-0.44	-0.11	-0.53	0.07	0.46	-0.36	0.3	0.21	-0.25	0.6	-0.62	0.16	-0.57	0.56	0.38	0.22	-0.65	0.85
Property Plant And Equipment Net	0.94	0.34	0.33	0.66	0.0		0.79	0.52	0.35	0.99	0.09	-0.14	0.61	0.04	0.12	-0.19	0.32	0.55	0.2	0.55	0.78	0.72	0.59	0.34	-0.09	-0.14
Net Debt	0.69	0.57	0.28	0.86	-0.42	0.79		0.52	0.37	0.81	0.22	-0.17	0.46	-0.02	-0.16	-0.23	0.25	0.27	0.39	0.48	0.94	0.46	0.51	0.04	0.2	-0.35
Accounts Payable	0.36	0.59	0.16	0.55	-0.51	0.52	0.52		0.48	0.6	0.35	-0.36	0.14	0.2	0.35	-0.53	0.33	-0.08	0.48	0.4	0.69	0.07	-0.19	0.46	0.38	-0.77
Cash	0.21	0.25	0.6	0.56	-0.44	0.35	0.37	0.48		0.42	0.55	0.27	-0.21	-0.06	0.17	0.06	-0.02	0.13	0.74	0.19	0.53	-0.02	-0.13	0.29	-0.06	-0.48
Non Current Assets Total	0.89	0.44	0.37	0.7	-0.11	0.99	0.81	0.6	0.42		0.2	-0.14	0.52	0.11	0.12	-0.22	0.34	0.48	0.32	0.54	0.83	0.62	0.5	0.34	-0.04	-0.27
Non Currrent Assets Other	-0.05	0.46	0.78	0.55	-0.53	0.09	0.22	0.35	0.55	0.2		0.09	-0.35	-0.05	-0.13	-0.05	-0.35	-0.24	0.86	0.29	0.36	-0.26	-0.25	-0.13	-0.04	-0.55
Cash And Short Term Investments	-0.13	-0.14	0.26	0.0	0.07	-0.14	-0.17	-0.36	0.27	-0.14	0.09		-0.51	-0.21	-0.06	0.97	-0.34	0.21	0.15	-0.03	-0.16	-0.09	-0.08	0.0	-0.13	0.09
Net Receivables	0.79	-0.05	-0.04	0.3	0.46	0.61	0.46	0.14	-0.21	0.52	-0.35	-0.51		-0.3	0.21	-0.42	0.09	0.6	-0.35	0.54	0.33	0.88	0.75	0.27	-0.25	0.39
Good Will	-0.19	0.21	-0.29	-0.29	-0.36	0.04	-0.02	0.2	-0.06	0.11	-0.05	-0.21	-0.3		-0.04	-0.23	0.83	-0.36	-0.07	-0.53	0.12	-0.42	-0.3	0.0	0.38	-0.34
Common Stock Shares Outstanding	0.23	-0.13	-0.05	-0.06	0.3	0.12	-0.16	0.35	0.17	0.12	-0.13	-0.06	0.21	-0.04		-0.11	0.06	0.42	-0.01	0.41	-0.03	0.3	-0.17	0.96	-0.05	-0.15
Short Term Investments	-0.13	-0.23	0.15	-0.11	0.21	-0.19	-0.23	-0.53	0.06	-0.22	-0.05	0.97	-0.42	-0.23	-0.11		-0.34	0.25	-0.03	-0.06	-0.27	-0.03	0.0	-0.06	-0.17	0.26
Non Current Liabilities Total	0.13	0.18	-0.4	-0.16	-0.25	0.32	0.25	0.33	-0.02	0.34	-0.35	-0.34	0.09	0.83	0.06	-0.34		-0.13	-0.27	-0.41	0.33	-0.08	0.01	0.18	0.32	-0.23
Inventory	0.75	-0.29	0.1	0.24	0.6	0.55	0.27	-0.08	0.13	0.48	-0.24	0.21	0.6	-0.36	0.42	0.25	-0.13		-0.1	0.51	0.17	0.86	0.54	0.52	-0.43	0.43
Other Current Assets	0.05	0.56	0.64	0.67	-0.62	0.2	0.39	0.48	0.74	0.32	0.86	0.15	-0.35	-0.07	-0.01	-0.03	-0.27	-0.1		0.34	0.51	-0.21	-0.28	0.04	0.12	-0.67
Other Stockholder Equity	0.68	0.27	0.45	0.67	0.16	0.55	0.48	0.4	0.19	0.54	0.29	-0.03	0.54	-0.53	0.41	-0.06	-0.41	0.51	0.34		0.45	0.67	0.36	0.46	-0.13	-0.12
Total Liab	0.63	0.69	0.38	0.88	-0.57	0.78	0.94	0.69	0.53	0.83	0.36	-0.16	0.33	0.12	-0.03	-0.27	0.33	0.17	0.51	0.45		0.34	0.34	0.18	0.31	-0.56
Total Current Assets	0.91	-0.1	0.15	0.39	0.56	0.72	0.46	0.07	-0.02	0.62	-0.26	-0.09	0.88	-0.42	0.3	-0.03	-0.08	0.86	-0.21	0.67	0.34		0.77	0.4	-0.38	0.42
Intangible Assets	0.71	-0.09	0.19	0.34	0.38	0.59	0.51	-0.19	-0.13	0.5	-0.25	-0.08	0.75	-0.3	-0.17	0.0	0.01	0.54	-0.28	0.36	0.34	0.77		-0.07	-0.4	0.51
Common Stock	0.41	-0.03	-0.01	0.1	0.22	0.34	0.04	0.46	0.29	0.34	-0.13	0.0	0.27	0.0	0.96	-0.06	0.18	0.52	0.04	0.46	0.18	0.4	-0.07		0.0	-0.22
Current Deferred Revenue	-0.24	0.42	-0.42	0.16	-0.65	-0.09	0.2	0.38	-0.06	-0.04	-0.04	-0.13	-0.25	0.38	-0.05	-0.17	0.32	-0.43	0.12	-0.13	0.31	-0.38	-0.4	0.0		-0.66
Retained Earnings	0.1	-0.69	-0.18	-0.47	0.85	-0.14	-0.35	-0.77	-0.48	-0.27	-0.55	0.09	0.39	-0.34	-0.15	0.26	-0.23	0.43	-0.67	-0.12	-0.56	0.42	0.51	-0.22	-0.66

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Tilaknagar Industries Account Relationship Matchups

Tilaknagar Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.8B	10.1B	10.1B	10.1B	10.3B	12.2B
Short Long Term Debt Total	941.9B	11.9B	13.4B	18.4B	1.2B	1.2B
Other Current Liab	113.4M	127.6M	129.1M	122.4M	778.0M	591.2M
Total Current Liabilities	3.6B	3.9B	4.4B	4.3B	2.6B	2.4B
Total Stockholder Equity	(173.7M)	(557.2M)	1.3B	3.0B	6.5B	6.9B
Property Plant And Equipment Net	6.0B	5.7B	5.4B	4.2B	4.0B	5.8B
Net Debt	5.6B	5.6B	5.4B	2.2B	1.1B	1.1B
Accounts Payable	1.6B	1.5B	1.7B	1.3B	1.2B	1.3B
Cash	184.2M	259.4M	427.4M	348.1M	103.2M	98.0M
Non Current Assets Total	7.1B	6.7B	5.9B	4.6B	4.4B	6.4B
Non Currrent Assets Other	(4K)	708.6M	1K	64.6M	424.6M	510.8M
Cash And Short Term Investments	206.7M	292.4M	874.0M	739.5M	427.6M	756.1M
Net Receivables	2.4B	1.8B	2.4B	3.4B	4.2B	3.0B
Common Stock Shares Outstanding	125.5M	125.2M	146.7M	175.1M	192.9M	132.2M
Short Term Investments	22.5M	32.9M	446.6M	391.4M	324.4M	591.4M
Liabilities And Stockholders Equity	10.8B	10.1B	10.1B	10.1B	10.3B	12.2B
Non Current Liabilities Total	7.4B	6.8B	4.4B	2.8B	1.2B	1.2B
Inventory	601.0M	720.8M	723.2M	1.2B	1.0B	1.0B
Other Current Assets	302.9M	375.9M	233.2M	224.9M	264.4M	251.1M
Other Stockholder Equity	2.0B	2.0B	3.0B	2.6B	5.1B	3.6B
Total Liab	11.0B	10.7B	8.8B	7.1B	3.8B	3.6B
Total Current Assets	3.7B	3.4B	4.2B	5.5B	5.9B	5.8B
Accumulated Other Comprehensive Income	(2.9B)	192.8M	330.4M	311.0M	243.2M	255.3M
Intangible Assets	4.0M	3.6M	3.4M	3.1M	4.5M	4.3M
Retained Earnings	(3.6B)	(4.0B)	(3.6B)	(1.8B)	(743.9M)	(781.1M)
Short Term Debt	886.8M	1.2B	2.0B	2.3B	565.2M	536.9M
Other Liab	1.5B	2.5B	2.2B	594.5M	683.6M	649.4M
Net Tangible Assets	(3.1B)	(177.8M)	(560.8M)	1.3B	1.2B	736.2M
Other Assets	1.0B	1.0B	362.3M	3.2B	2.9B	2.8B
Long Term Debt	882.1B	724.1B	20M	240.1M	631.0M	599.5M
Short Long Term Debt	881.8M	558.1M	2.0B	2.3B	561.5M	533.4M
Property Plant Equipment	6.0B	5.7B	5.4B	27.6B	24.8B	23.6B
Long Term Debt Total	941.0B	10.7B	11.4B	16.1B	14.5B	13.7B
Capital Surpluse	277.8B	309.7B	1.4B	1.4B	1.3B	1.2B
Capital Lease Obligations	10.7M	5.6M	2.0M	24.2M	21.9M	23.0M

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Balance Sheet is a snapshot of the financial position of Tilaknagar Industries at a specified time, usually calculated after every quarter, six months, or one year. Tilaknagar Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tilaknagar Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tilaknagar currently owns. An asset can also be divided into two categories, current and non-current.

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Tilaknagar Income Before Tax vs Operating Income Analysis

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Operating Income

Tilaknagar Industries fundamental ratios Correlations

Tilaknagar Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tilaknagar Industries fundamental ratios Accounts

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Other Information on Investing in Tilaknagar Stock

COMMON DESTINATIONS

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Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Term Investments	+ 0.97	Cash And Short Term Investments
Common Stock	+ 0.96	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 0.94	Total Assets
Total Liab	+ 0.94	Net Debt
Total Current Assets	+ 0.91	Total Assets

Retained Earnings	- 0.77	Accounts Payable
Total Stockholder Equity	- 0.7	Short Long Term Debt Total
Retained Earnings	- 0.69	Short Long Term Debt Total
Retained Earnings	- 0.67	Other Current Assets
Retained Earnings	- 0.66	Current Deferred Revenue
Current Deferred Revenue	- 0.65	Total Stockholder Equity