Tempur Ebit vs Operating Income Analysis

TPX Stock  USD 57.86  3.12  5.70%   
Tempur Sealy financial indicator trend analysis is much more than just breaking down Tempur Sealy Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tempur Sealy Interna is a good investment. Please check the relationship between Tempur Sealy Ebit and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tempur Sealy International. 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tempur Sealy Interna Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tempur Sealy's Ebit and Operating Income is 0.98. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Tempur Sealy International, assuming nothing else is changed. The correlation between historical values of Tempur Sealy's Ebit 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 Ebit of Tempur Sealy International 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 Ebit i.e., Tempur Sealy's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Operating Income

Operating Income is the amount of profit realized from Tempur Sealy Interna 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 Tempur Sealy International 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 Tempur Sealy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tempur Sealy Interna 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 Tempur Sealy International. 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 this time, Tempur Sealy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 111.1 M in 2024, whereas Discontinued Operations is likely to drop (483 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.0B2.1B2.2B
Total Revenue4.9B4.9B4.9B5.2B

Tempur Sealy fundamental ratios Correlations

0.420.960.180.18-0.850.760.590.760.940.810.160.950.850.950.480.99-0.920.730.860.890.51-0.910.960.90.98
0.420.190.120.12-0.370.430.750.670.340.530.430.140.420.30.620.32-0.250.440.390.190.36-0.210.180.320.4
0.960.190.090.09-0.810.680.40.620.940.690.00.980.780.950.360.98-0.940.630.840.940.4-0.951.00.930.96
0.180.120.091.0-0.220.490.280.220.150.35-0.070.150.220.19-0.140.18-0.210.050.250.130.12-0.180.130.090.07
0.180.120.091.0-0.220.490.280.220.150.35-0.070.150.220.19-0.140.18-0.210.050.250.130.12-0.180.130.090.07
-0.85-0.37-0.81-0.22-0.22-0.88-0.63-0.79-0.79-0.82-0.29-0.84-0.86-0.77-0.61-0.850.87-0.71-0.7-0.66-0.550.82-0.78-0.68-0.77
0.760.430.680.490.49-0.880.710.840.670.890.250.710.860.720.570.75-0.760.680.640.550.48-0.70.670.580.66
0.590.750.40.280.28-0.630.710.870.470.790.640.40.670.490.720.54-0.510.630.470.270.55-0.420.380.40.54
0.760.670.620.220.22-0.790.840.870.670.950.580.610.860.720.730.73-0.720.750.670.520.64-0.650.610.610.73
0.940.340.940.150.15-0.790.670.470.670.670.050.890.690.970.440.93-0.970.470.940.960.35-0.980.950.980.92
0.810.530.690.350.35-0.820.890.790.950.670.440.710.950.740.60.8-0.750.840.620.560.7-0.670.690.60.77
0.160.430.0-0.07-0.07-0.290.250.640.580.050.440.020.30.040.450.12-0.120.380.15-0.140.49-0.02-0.03-0.030.14
0.950.140.980.150.15-0.840.710.40.610.890.710.020.820.910.330.98-0.910.690.770.880.45-0.910.980.850.93
0.850.420.780.220.22-0.860.860.670.860.690.950.30.820.760.520.85-0.770.920.60.630.67-0.710.770.630.83
0.950.30.950.190.19-0.770.720.490.720.970.740.040.910.760.420.95-0.960.560.920.950.34-0.960.960.960.94
0.480.620.36-0.14-0.14-0.610.570.720.730.440.60.450.330.520.420.43-0.480.490.360.240.41-0.40.320.360.43
0.990.320.980.180.18-0.850.750.540.730.930.80.120.980.850.950.43-0.940.730.840.90.5-0.930.980.90.98
-0.92-0.25-0.94-0.21-0.210.87-0.76-0.51-0.72-0.97-0.75-0.12-0.91-0.77-0.96-0.48-0.94-0.53-0.9-0.91-0.40.99-0.94-0.92-0.89
0.730.440.630.050.05-0.710.680.630.750.470.840.380.690.920.560.490.73-0.530.360.40.74-0.470.60.420.73
0.860.390.840.250.25-0.70.640.470.670.940.620.150.770.60.920.360.84-0.90.360.910.21-0.920.850.940.83
0.890.190.940.130.13-0.660.550.270.520.960.56-0.140.880.630.950.240.9-0.910.40.910.24-0.950.960.980.9
0.510.360.40.120.12-0.550.480.550.640.350.70.490.450.670.340.410.5-0.40.740.210.24-0.330.390.250.51
-0.91-0.21-0.95-0.18-0.180.82-0.7-0.42-0.65-0.98-0.67-0.02-0.91-0.71-0.96-0.4-0.930.99-0.47-0.92-0.95-0.33-0.95-0.95-0.89
0.960.181.00.130.13-0.780.670.380.610.950.69-0.030.980.770.960.320.98-0.940.60.850.960.39-0.950.940.96
0.90.320.930.090.09-0.680.580.40.610.980.6-0.030.850.630.960.360.9-0.920.420.940.980.25-0.950.940.92
0.980.40.960.070.07-0.770.660.540.730.920.770.140.930.830.940.430.98-0.890.730.830.90.51-0.890.960.92
Click cells to compare fundamentals

Tempur Sealy Account Relationship Matchups

Tempur Sealy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.3B4.3B4.4B4.6B4.8B
Total Stockholder Equity359.5M503.6M285.8M(22.1M)323.4M177.3M
Net Debt1.7B1.6B2.5B3.3B3.2B3.4B
Cash64.9M65M300.7M69.4M74.9M70.9M
Cash And Short Term Investments64.9M65M300.7M69.4M74.9M70.9M
Common Stock Shares Outstanding221.6M212.3M204.3M180.3M177.3M227.9M
Liabilities And Stockholders Equity3.1B3.3B4.3B4.4B4.6B4.8B
Total Current Assets900.2M968.4M1.3B1.2B1.1B591.1M
Other Current Liab484.2M524.1M456.8M278.7M254.2M200.5M
Total Current Liabilities773.3M1.2B1.1B981.2M908.2M473.5M
Retained Earnings1.7B2.0B2.6B3.0B3.3B3.4B
Accounts Payable251.7M324.1M432M359.8M311.3M172.2M
Other Assets84.2M437M125.4M88.6M1.00.95
Long Term Debt1.5B1.3B2.3B2.7B2.5B2.7B
Good Will732.3M766.3M1.1B1.1B1.1B542.8M
Inventory260.5M312.1M463.9M555M483.1M507.3M
Other Current Assets202.8M207.6M91.5M148.2M113.8M74.4M
Total Liab2.7B2.8B4.0B4.4B4.2B4.4B
Treasury Stock(1.8B)(2.1B)(2.8B)(3.4B)(3.1B)(2.9B)
Intangible Assets641.4M630.1M750.9M715.8M714.8M439.9M
Property Plant Equipment435.8M507.9M1.1B1.3B1.5B1.6B
Other Liab220.1M222.2M269.5M197.5M227.1M127.3M
Other Stockholder Equity(1.3B)(1.5B)(2.2B)(2.8B)(2.8B)(2.7B)
Short Long Term Debt Total1.7B1.6B2.8B3.4B3.3B3.4B
Property Plant And Equipment Net681.2M812.2M1.1B1.3B1.5B1.6B
Non Current Assets Total2.2B2.3B3.0B3.2B3.5B3.6B
Non Currrent Assets Other70.1M94.5M63.2M54.5M122.2M128.3M
Net Receivables372M383.7M419.5M422.6M431.4M296.9M
Non Current Liabilities Total1.9B1.6B3.0B3.4B3.3B3.5B
Property Plant And Equipment Gross681.2M507M1.1B1.3B2.4B2.5B
Accumulated Other Comprehensive Income(87.7M)(65.5M)(99.2M)(176.9M)(136.7M)(129.9M)
Short Term Debt37.4M104.9M154.7M281.4M284.1M298.3M
Net Tangible Assets(1.0B)512.5M295M(12.3M)(14.1M)(14.9M)
Retained Earnings Total Equity1.7B2.0B2.6B3.0B3.4B3.6B
Long Term Debt Total205.4M1.3B2.3B2.7B3.2B1.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tempur Stock Analysis

When running Tempur Sealy's price analysis, check to measure Tempur Sealy'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 Tempur Sealy is operating at the current time. Most of Tempur Sealy's value examination focuses on studying past and present price action to predict the probability of Tempur Sealy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tempur Sealy's price. Additionally, you may evaluate how the addition of Tempur Sealy to your portfolios can decrease your overall portfolio volatility.