Turning Income Before Tax vs Operating Income Analysis

TPB Stock

USD 69.63 0.70 1.00%

Turning Point financial indicator trend analysis is much more than just breaking down Turning Point Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Turning Point Brands is a good investment. Please check the relationship between Turning Point 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 Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

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 Turning Point Brands Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Turning Point's Income Before Tax and Operating Income is 0.7. 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 Turning Point Brands, assuming nothing else is changed. The correlation between historical values of Turning Point'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 Turning Point Brands 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., Turning Point's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.7

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 Turning Point income statement and is an important metric when analyzing Turning Point Brands 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 Turning Point Brands 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 Turning Point Brands 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 Turning Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Turning Point Brands 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 Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

At present, Turning Point's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.26, whereas Selling General Administrative is forecasted to decline to about 69.8 M.

	2022	2023	2024	2025 (projected)
Gross Profit	205.5M	203.2M	233.7M	131.6M
Total Revenue	415.0M	405.4M	466.2M	281.3M

Gross Profit Total Revenue

Turning Point 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.78	0.11	0.52	0.83	0.87	0.41	0.86	0.18	0.85	0.97	0.03	0.85	0.58	0.72	0.74	0.75	0.65	0.89	0.88	0.33	0.81	0.74	0.86	0.46	0.87
Short Long Term Debt Total	0.78		0.28	0.41	0.45	0.73	0.34	0.73	0.13	0.83	0.72	-0.02	0.83	0.58	0.41	0.21	0.43	0.94	0.63	0.69	-0.23	0.99	0.7	0.73	0.21	0.69
Other Current Liab	0.11	0.28		0.32	0.02	0.09	-0.74	0.19	0.69	0.24	0.06	0.28	0.24	0.14	0.04	-0.23	0.16	0.19	0.23	0.1	-0.6	0.27	0.12	0.01	0.01	0.08
Total Current Liabilities	0.52	0.41	0.32		0.71	0.72	0.05	0.8	0.26	0.7	0.5	0.0	0.7	0.93	0.49	0.4	0.63	0.14	0.58	0.24	0.09	0.39	0.87	0.73	0.82	0.72
Total Stockholder Equity	0.83	0.45	0.02	0.71		0.9	0.34	0.9	0.1	0.79	0.86	0.04	0.79	0.67	0.82	0.88	0.81	0.28	0.79	0.74	0.59	0.45	0.81	0.89	0.57	0.92
Property Plant And Equipment Net	0.87	0.73	0.09	0.72	0.9		0.43	0.95	0.11	0.92	0.9	0.06	0.92	0.8	0.76	0.66	0.77	0.59	0.74	0.74	0.31	0.72	0.91	0.95	0.49	0.97
Net Debt	0.41	0.34	-0.74	0.05	0.34	0.43		0.34	-0.51	0.33	0.43	-0.15	0.33	0.28	0.31	0.38	0.18	0.39	0.24	0.37	0.49	0.36	0.35	0.52	0.15	0.43
Retained Earnings	0.86	0.73	0.19	0.8	0.9	0.95	0.34		0.11	0.93	0.85	-0.07	0.93	0.84	0.67	0.66	0.73	0.55	0.82	0.72	0.23	0.71	0.95	0.96	0.59	0.97
Accounts Payable	0.18	0.13	0.69	0.26	0.1	0.11	-0.51	0.11		0.25	0.1	0.26	0.25	0.06	0.16	-0.04	0.14	0.07	0.2	0.09	-0.17	0.18	0.08	0.07	0.05	0.02
Cash	0.85	0.83	0.24	0.7	0.79	0.92	0.33	0.93	0.25		0.8	-0.03	1.0	0.77	0.66	0.52	0.63	0.7	0.71	0.72	0.14	0.82	0.91	0.95	0.42	0.87
Non Current Assets Total	0.97	0.72	0.06	0.5	0.86	0.9	0.43	0.85	0.1	0.8		0.14	0.8	0.55	0.82	0.77	0.83	0.61	0.82	0.91	0.4	0.74	0.71	0.84	0.39	0.91
Non Currrent Assets Other	0.03	-0.02	0.28	0.0	0.04	0.06	-0.15	-0.07	0.26	-0.03	0.14		-0.03	-0.08	0.34	-0.03	0.22	0.03	-0.08	0.15	0.03	0.02	-0.15	-0.06	-0.17	0.02
Cash And Short Term Investments	0.85	0.83	0.24	0.7	0.79	0.92	0.33	0.93	0.25	1.0	0.8	-0.03		0.77	0.66	0.52	0.63	0.7	0.71	0.72	0.14	0.82	0.91	0.95	0.42	0.87
Net Receivables	0.58	0.58	0.14	0.93	0.67	0.8	0.28	0.84	0.06	0.77	0.55	-0.08	0.77		0.43	0.36	0.58	0.35	0.53	0.27	0.03	0.55	0.95	0.8	0.76	0.77
Good Will	0.72	0.41	0.04	0.49	0.82	0.76	0.31	0.67	0.16	0.66	0.82	0.34	0.66	0.43		0.71	0.89	0.32	0.53	0.75	0.57	0.43	0.57	0.7	0.28	0.75
Common Stock Total Equity	0.74	0.21	-0.23	0.4	0.88	0.66	0.38	0.66	-0.04	0.52	0.77	-0.03	0.52	0.36	0.71		0.69	0.08	0.73	0.69	0.8	0.23	0.53	0.66	0.45	0.71
Common Stock Shares Outstanding	0.75	0.43	0.16	0.63	0.81	0.77	0.18	0.73	0.14	0.63	0.83	0.22	0.63	0.58	0.89	0.69		0.25	0.6	0.63	0.41	0.44	0.64	0.66	0.52	0.79
Non Current Liabilities Total	0.65	0.94	0.19	0.14	0.28	0.59	0.39	0.55	0.07	0.7	0.61	0.03	0.7	0.35	0.32	0.08	0.25		0.45	0.67	-0.27	0.94	0.49	0.6	-0.09	0.55
Inventory	0.89	0.63	0.23	0.58	0.79	0.74	0.24	0.82	0.2	0.71	0.82	-0.08	0.71	0.53	0.53	0.73	0.6	0.45		0.76	0.27	0.64	0.68	0.76	0.55	0.79
Other Current Assets	0.88	0.69	0.1	0.24	0.74	0.74	0.37	0.72	0.09	0.72	0.91	0.15	0.72	0.27	0.75	0.69	0.63	0.67	0.76		0.35	0.7	0.51	0.72	0.08	0.78
Other Stockholder Equity	0.33	-0.23	-0.6	0.09	0.59	0.31	0.49	0.23	-0.17	0.14	0.4	0.03	0.14	0.03	0.57	0.8	0.41	-0.27	0.27	0.35		-0.2	0.16	0.34	0.23	0.32
Total Liab	0.81	0.99	0.27	0.39	0.45	0.72	0.36	0.71	0.18	0.82	0.74	0.02	0.82	0.55	0.43	0.23	0.44	0.94	0.64	0.7	-0.2		0.67	0.72	0.21	0.68
Property Plant And Equipment Gross	0.74	0.7	0.12	0.87	0.81	0.91	0.35	0.95	0.08	0.91	0.71	-0.15	0.91	0.95	0.57	0.53	0.64	0.49	0.68	0.51	0.16	0.67		0.93	0.67	0.89
Total Current Assets	0.86	0.73	0.01	0.73	0.89	0.95	0.52	0.96	0.07	0.95	0.84	-0.06	0.95	0.8	0.7	0.66	0.66	0.6	0.76	0.72	0.34	0.72	0.93		0.52	0.94
Short Term Debt	0.46	0.21	0.01	0.82	0.57	0.49	0.15	0.59	0.05	0.42	0.39	-0.17	0.42	0.76	0.28	0.45	0.52	-0.09	0.55	0.08	0.23	0.21	0.67	0.52		0.51
Intangible Assets	0.87	0.69	0.08	0.72	0.92	0.97	0.43	0.97	0.02	0.87	0.91	0.02	0.87	0.77	0.75	0.71	0.79	0.55	0.79	0.78	0.32	0.68	0.89	0.94	0.51

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Turning Point Account Relationship Matchups

Turning Point fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	489.3M	601.6M	572.1M	569.4M	654.8M	376.4M
Short Long Term Debt Total	306.1M	427.5M	417.4M	378.0M	434.7M	350.1M
Other Current Liab	27.9M	27.9M	28.1M	27.1M	31.2M	32.8M
Total Current Liabilities	56.6M	40.3M	41.4M	100.3M	115.4M	121.2M
Total Stockholder Equity	126.8M	131.4M	111.6M	151.0M	173.6M	182.3M
Property Plant And Equipment Net	33.4M	33.7M	35.3M	36.8M	42.3M	44.4M
Net Debt	264.3M	299.2M	310.9M	260.1M	299.1M	250.0M
Retained Earnings	12.1M	71.5M	78.7M	112.4M	129.3M	135.8M
Accounts Payable	9.2M	7.4M	8.4M	8.4M	9.7M	7.9M
Cash	41.8M	128.3M	106.4M	117.9M	135.6M	142.3M
Non Current Assets Total	332.0M	352.4M	315.6M	301.7M	347.0M	258.2M
Non Currrent Assets Other	58.9M	33.9M	29.7M	31.2M	35.9M	38.0M
Cash And Short Term Investments	41.8M	128.3M	106.4M	117.9M	135.6M	142.3M
Net Receivables	9.3M	6.5M	8.4M	29.2M	33.5M	35.2M
Good Will	159.6M	162.3M	136.3M	136.3M	156.7M	152.1M
Common Stock Total Equity	196K	197K	195K	198K	227.7K	123.9K
Common Stock Shares Outstanding	22.9M	22.4M	18.1M	20.5M	23.5M	20.8M
Liabilities And Stockholders Equity	489.3M	601.6M	572.1M	569.4M	654.8M	376.4M
Non Current Liabilities Total	301.9M	427.5M	417.4M	317.0M	364.6M	321.0M
Inventory	79.8M	87.6M	119.9M	104.7M	120.4M	73.1M
Other Current Assets	19.3M	26.7M	23.0M	15.9M	18.3M	14.5M
Other Stockholder Equity	92.2M	59.9M	35.1M	41.0M	47.1M	33.2M
Total Liab	358.5M	467.8M	458.7M	417.4M	480.0M	369.6M
Property Plant And Equipment Gross	15.5M	33.7M	35.3M	59.0M	67.9M	71.3M
Total Current Assets	157.3M	249.2M	256.5M	267.6M	307.8M	323.1M
Accumulated Other Comprehensive Income	(2.6M)	(195K)	(2.4M)	(2.6M)	(3.0M)	(3.2M)
Short Term Debt	15.2M	3.0M	3.1M	61.0M	54.9M	28.1M
Intangible Assets	79.4M	87.5M	83.6M	86.9M	99.9M	104.9M
Other Assets	38.2M	77.5M	68.9M	60.5M	54.5M	76.6M
Net Tangible Assets	(81.2M)	(112.3M)	(118.4M)	(108.2M)	(124.4M)	(130.7M)
Long Term Debt	278.0M	414.2M	406.8M	307.1M	353.1M	312.8M
Deferred Long Term Liab	890K	4.1M	388K	282K	253.8K	241.1K
Short Long Term Debt	34M	15.2M	12M	58.3M	67.0M	70.4M
Property Plant Equipment	25.9M	15.5M	33.7M	35.3M	40.5M	42.6M
Long Term Debt Total	269.0M	278.0M	414.2M	406.8M	467.8M	307.0M
Capital Surpluse	125.5M	127.4M	108.8M	113.2M	130.2M	110.9M

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When determining whether Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:

How To Invest In Turning

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Is Turning Stock a good investment?

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What is Turning Point's Net Worth?

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Largest Tobacco Companies

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Largest Food, Beverage & Tobacco Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Is Tobacco 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 Turning Point. If investors know Turning 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 Turning Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.178

Dividend Share

0.275

Earnings Share

2.49

Revenue Per Share

23.183

Quarterly Revenue Growth

0.041

The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point'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 Turning Point's market value can be influenced by many factors that don't directly affect Turning Point'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 Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point'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.

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Turning 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

Turning Point fundamental ratios Correlations

Turning Point Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Turning Point fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Property Plant And Equipment Net
Intangible Assets	+ 0.97	Retained Earnings
Total Current Assets	+ 0.96	Retained Earnings

Net Debt	- 0.74	Other Current Liab
Other Stockholder Equity	- 0.6	Other Current Liab
Accounts Payable	- 0.51	Net Debt
Other Stockholder Equity	- 0.27	Non Current Liabilities Total
Common Stock Total Equity	- 0.23	Other Current Liab
Other Stockholder Equity	- 0.23	Short Long Term Debt Total