Lottery Income Before Tax vs Net Interest Income Analysis
| TLC Stock | 5.15 0.09 1.78% |
Lottery financial indicator trend analysis is infinitely more than just investigating Lottery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lottery is a good investment. Please check the relationship between Lottery Income Before Tax and its Net Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Lottery. 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 Net Interest Income
Income Before Tax vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lottery Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lottery's Income Before Tax and Net Interest Income is -0.28. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Lottery, assuming nothing else is changed. The correlation between historical values of Lottery's Income Before Tax and Net Interest 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 Lottery are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Lottery's Income Before Tax and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.28 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lottery income statement and is an important metric when analyzing Lottery 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.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Lottery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lottery 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 Lottery. 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 drop to about 133.7 M in 2024. Tax Provision is likely to drop to about 114.9 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 2.7B | 3.1B | 3.0B | Total Revenue | 3.3B | 3.5B | 4.0B | 3.6B |
Lottery fundamental ratios Correlations
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Additional Tools for Lottery Stock Analysis
When running Lottery's price analysis, check to measure Lottery'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 Lottery is operating at the current time. Most of Lottery's value examination focuses on studying past and present price action to predict the probability of Lottery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery's price. Additionally, you may evaluate how the addition of Lottery to your portfolios can decrease your overall portfolio volatility.