VICI Income Before Tax vs Net Income Analysis

VICI Stock  USD 32.60  0.22  0.68%   
VICI Properties financial indicator trend analysis is much more than just breaking down VICI Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VICI Properties is a good investment. Please check the relationship between VICI Properties Income Before Tax and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VICI Properties Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between VICI Properties' Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of VICI Properties, assuming nothing else is changed. The correlation between historical values of VICI Properties' Income Before Tax and Net 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 VICI Properties are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., VICI Properties' Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on VICI Properties income statement and is an important metric when analyzing VICI Properties 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 Income

Net income is one of the most important fundamental items in finance. It plays a large role in VICI Properties financial statement analysis. It represents the amount of money remaining after all of VICI Properties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from VICI Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VICI Properties 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 VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.As of now, VICI Properties' Selling General Administrative is increasing as compared to previous years. The VICI Properties' current Issuance Of Capital Stock is estimated to increase to about 2.2 B, while Tax Provision is forecasted to increase to (5.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense328.2M523.7M818.1M859.0M
Depreciation And Amortization75.6M990.9M4.3M4.1M

VICI Properties fundamental ratios Correlations

0.860.830.090.80.860.440.860.00.860.840.66-0.650.350.860.830.320.770.840.56-0.030.870.840.88-0.20.88
0.860.990.060.971.00.551.00.050.990.990.85-0.80.490.890.980.490.931.00.77-0.051.01.00.96-0.050.96
0.830.990.060.970.990.50.990.030.981.00.86-0.830.450.870.980.450.941.00.810.00.991.00.950.010.96
0.090.060.060.030.07-0.20.07-0.550.050.080.15-0.26-0.38-0.150.06-0.280.280.04-0.080.610.060.040.210.080.21
0.80.970.970.030.960.640.960.040.980.960.79-0.720.50.910.950.480.920.970.73-0.080.960.970.890.190.89
0.861.00.990.070.960.581.00.050.990.980.86-0.790.510.890.970.510.920.990.75-0.081.00.990.96-0.080.96
0.440.550.5-0.20.640.580.580.170.60.470.47-0.220.750.710.470.670.390.50.3-0.570.580.510.40.140.36
0.861.00.990.070.961.00.580.050.990.980.85-0.790.510.890.970.510.920.990.75-0.081.00.990.96-0.080.96
0.00.050.03-0.550.040.050.170.050.050.00.020.10.690.190.020.58-0.160.04-0.14-0.830.050.04-0.11-0.08-0.07
0.860.990.980.050.980.990.60.990.050.980.82-0.760.490.90.970.470.920.990.73-0.081.00.990.950.00.95
0.840.991.00.080.960.980.470.980.00.980.86-0.830.410.860.980.410.951.00.810.040.981.00.960.00.97
0.660.850.860.150.790.860.470.850.020.820.86-0.950.50.690.840.440.760.850.89-0.060.850.850.82-0.120.81
-0.65-0.8-0.83-0.26-0.72-0.79-0.22-0.790.1-0.76-0.83-0.95-0.26-0.57-0.81-0.21-0.76-0.81-0.89-0.17-0.78-0.81-0.820.11-0.82
0.350.490.45-0.380.50.510.750.510.690.490.410.5-0.260.660.420.950.290.450.28-0.790.510.450.28-0.070.28
0.860.890.87-0.150.910.890.710.890.190.90.860.69-0.570.660.850.650.80.880.61-0.270.890.880.770.060.78
0.830.980.980.060.950.970.470.970.020.970.980.84-0.810.420.850.420.930.980.780.020.970.980.94-0.010.95
0.320.490.45-0.280.480.510.670.510.580.470.410.44-0.210.950.650.420.380.460.24-0.630.510.460.27-0.090.3
0.770.930.940.280.920.920.390.92-0.160.920.950.76-0.760.290.80.930.380.940.710.240.920.940.90.120.92
0.841.01.00.040.970.990.50.990.040.991.00.85-0.810.450.880.980.460.940.79-0.010.991.00.95-0.020.96
0.560.770.81-0.080.730.750.30.75-0.140.730.810.89-0.890.280.610.780.240.710.790.130.740.790.73-0.040.72
-0.03-0.050.00.61-0.08-0.08-0.57-0.08-0.83-0.080.04-0.06-0.17-0.79-0.270.02-0.630.24-0.010.13-0.08-0.010.110.120.13
0.871.00.990.060.961.00.581.00.051.00.980.85-0.780.510.890.970.510.920.990.74-0.080.990.96-0.080.96
0.841.01.00.040.970.990.510.990.040.991.00.85-0.810.450.880.980.460.941.00.79-0.010.990.95-0.010.96
0.880.960.950.210.890.960.40.96-0.110.950.960.82-0.820.280.770.940.270.90.950.730.110.960.95-0.160.99
-0.2-0.050.010.080.19-0.080.14-0.08-0.080.00.0-0.120.11-0.070.06-0.01-0.090.12-0.02-0.040.12-0.08-0.01-0.16-0.15
0.880.960.960.210.890.960.360.96-0.070.950.970.81-0.820.280.780.950.30.920.960.720.130.960.960.99-0.15
Click cells to compare fundamentals

VICI Properties Account Relationship Matchups

VICI Properties fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding439.2M510.9M577.1M879.7M1.0B572.0M
Total Assets13.3B17.1B17.6B37.6B44.1B46.3B
Short Long Term Debt Total4.8B6.8B4.7B13.8B17.6B18.5B
Other Current Liab(4.6B)(6.5B)226.3M380.2M664.8M698.1M
Total Current Liabilities227.5M317.1M339.8M593.6M664.8M698.1M
Total Stockholder Equity8.0B9.4B12.1B21.9B25.3B26.5B
Other Liab147.3M170.8M375.8M123.2M141.7M150.4M
Net Tangible Assets8.0B9.4B12.1B21.9B25.2B26.5B
Property Plant And Equipment Net11.8B364.2M359.3M876.7M256.0M243.2M
Current Deferred Revenue70.3M93.7M113.5M213.4M227.2M238.6M
Net Debt3.7B6.4B4.0B13.5B17.1B18.0B
Retained Earnings208.1M139.5M346.0M93.2M965.8M1.0B
Accounts Payable640K734K(26.4M)(58.8M)(1.1B)(1.1B)
Cash1.1B316.0M739.6M208.9M522.6M446.3M
Non Current Assets Total12.1B13.6B13.7B19.7B25.3B12.8B
Long Term Debt4.8B6.8B4.7B13.7B16.7B17.6B
Cash And Short Term Investments1.2B336.0M739.6M426.3M522.6M546.3M
Net Receivables1.6M3.2B3.1B17.4B18.2B19.1B
Liabilities And Stockholders Equity13.3B17.1B17.6B37.6B44.1B46.3B
Non Current Liabilities Total5.0B7.3B5.1B14.7B17.7B18.6B
Inventory1.0342.9M(884K)(7.3M)552.5M580.2M
Other Current Assets(1.2B)(342.9M)(747.8M)7.3M4.7M5.0M
Other Stockholder Equity7.6B9.2B11.4B21.6B24.1B25.3B
Total Liab5.2B7.6B5.4B15.3B18.4B19.3B
Property Plant And Equipment Gross96.8M280.6M373.9M894.5M974.3M1.0B
Total Current Assets1.2B3.5B3.9B17.9B18.8B19.7B
Accumulated Other Comprehensive Income(65.1M)(92.5M)884K185.4M153.9M161.6M
Short Term Debt4.8B6.8B26.4M58.8M1.1B1.6B
Common Stock4.6M5.4M6.3M9.6M10.4M18.9M
Property Plant Equipment1.3B158.2M153.6M153.6M138.2M131.3M
Non Currrent Assets Other223.9M12.7B13.4B17.4B25.0B26.3B
Non Current Liabilities Other123.9M507.3M375.8M952.5M250K237.5K
Noncontrolling Interest In Consolidated Entity83.8M77.9M78.9M356.5M409.9M430.4M
Other Assets26.8M16.7B1.6B3.5B18.2B19.2B
Common Stock Total Equity4.6M5.4M6.3M9.6M11.1M6.0M
Retained Earnings Total Equity208.1M139.5M346.0M93.2M107.1M186.4M
Short Term Investments59.5M20.0M884K217.3M1.6M1.5M
Long Term Debt Total4.8B6.8B4.7B13.7B15.8B16.6B
Capital Surpluse7.8B9.4B11.8B21.6B24.9B26.1B

Currently Active Assets on Macroaxis

When determining whether VICI Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VICI Properties' 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 Vici Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vici Properties Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Other Specialized REITs 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 VICI Properties. If investors know VICI 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 VICI Properties 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
0.275
Dividend Share
1.678
Earnings Share
2.7
Revenue Per Share
3.651
Quarterly Revenue Growth
0.067
The market value of VICI Properties is measured differently than its book value, which is the value of VICI that is recorded on the company's balance sheet. Investors also form their own opinion of VICI Properties' value that differs from its market value or its book value, called intrinsic value, which is VICI Properties' 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 VICI Properties' market value can be influenced by many factors that don't directly affect VICI Properties' 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 VICI Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if VICI Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VICI Properties' 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.