WABAG Income Before Tax vs Selling And Marketing Expenses Analysis

WABAG Stock   1,795  46.55  2.66%   
VA Tech financial indicator trend analysis is much more than just breaking down VA Tech Wabag prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VA Tech Wabag is a good investment. Please check the relationship between VA Tech Income Before Tax and its Selling And Marketing Expenses accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in VA Tech Wabag. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Income Before Tax vs Selling And Marketing Expenses

Income Before Tax vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VA Tech Wabag Income Before Tax account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between VA Tech's Income Before Tax and Selling And Marketing Expenses is -0.38. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of VA Tech Wabag, assuming nothing else is changed. The correlation between historical values of VA Tech's Income Before Tax and Selling And Marketing Expenses 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 VA Tech Wabag are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Before Tax i.e., VA Tech's Income Before Tax and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on VA Tech income statement and is an important metric when analyzing VA Tech Wabag 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.

Selling And Marketing Expenses

Most indicators from VA Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VA Tech Wabag 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in VA Tech Wabag. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of the 30th of November 2024, Selling General Administrative is likely to grow to about 299.8 M, while Tax Provision is likely to drop about 411.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense362.7M658M711M746.6M
Depreciation And Amortization101.3M88.1M84M139.5M

VA Tech fundamental ratios Correlations

0.740.260.960.940.370.69-0.210.950.93-0.080.880.74-0.27-0.390.010.980.990.540.910.90.730.60.40.4-0.32
0.74-0.340.860.50.430.95-0.470.620.54-0.570.730.22-0.22-0.38-0.370.830.770.790.690.460.90.330.48-0.05-0.01
0.26-0.340.070.53-0.4-0.380.370.450.540.690.150.61-0.14-0.220.470.10.19-0.240.250.56-0.340.24-0.150.68-0.61
0.960.860.070.80.410.83-0.390.880.84-0.30.890.53-0.3-0.44-0.150.990.960.670.870.750.880.480.420.33-0.25
0.940.50.530.80.210.420.00.960.960.210.770.9-0.21-0.310.220.850.910.360.860.970.450.620.340.49-0.47
0.370.43-0.40.410.210.45-0.320.280.16-0.360.270.040.23-0.010.180.440.40.120.430.110.50.280.470.030.61
0.690.95-0.380.830.420.45-0.690.580.49-0.720.690.12-0.28-0.28-0.40.790.710.740.660.380.920.20.420.030.11
-0.21-0.470.37-0.390.0-0.32-0.69-0.2-0.110.8-0.250.320.2-0.060.28-0.32-0.22-0.38-0.240.09-0.510.43-0.27-0.09-0.4
0.950.620.450.880.960.280.58-0.20.990.010.810.78-0.26-0.40.110.90.910.460.910.930.580.540.470.51-0.38
0.930.540.540.840.960.160.49-0.110.990.110.780.8-0.27-0.410.110.860.880.440.870.940.50.520.440.53-0.49
-0.08-0.570.69-0.30.21-0.36-0.720.80.010.11-0.180.480.27-0.110.37-0.23-0.11-0.48-0.110.28-0.590.22-0.320.34-0.42
0.880.730.150.890.770.270.69-0.250.810.78-0.180.58-0.33-0.61-0.050.890.890.50.710.760.760.480.330.25-0.31
0.740.220.610.530.90.040.120.320.780.80.480.58-0.14-0.20.250.620.710.090.650.930.190.750.110.45-0.52
-0.27-0.22-0.14-0.3-0.210.23-0.280.2-0.26-0.270.27-0.33-0.140.08-0.02-0.29-0.27-0.4-0.07-0.21-0.33-0.2-0.080.010.3
-0.39-0.38-0.22-0.44-0.31-0.01-0.28-0.06-0.4-0.41-0.11-0.61-0.20.080.2-0.41-0.38-0.17-0.27-0.39-0.38-0.21-0.09-0.280.17
0.01-0.370.47-0.150.220.18-0.40.280.110.110.37-0.050.25-0.020.2-0.1-0.02-0.250.00.15-0.390.160.140.11-0.08
0.980.830.10.990.850.440.79-0.320.90.86-0.230.890.62-0.29-0.41-0.10.990.620.90.810.850.560.420.33-0.23
0.990.770.190.960.910.40.71-0.220.910.88-0.110.890.71-0.27-0.38-0.020.990.560.890.870.780.610.370.35-0.3
0.540.79-0.240.670.360.120.74-0.380.460.44-0.480.50.09-0.4-0.17-0.250.620.560.430.320.710.140.4-0.07-0.3
0.910.690.250.870.860.430.66-0.240.910.87-0.110.710.65-0.07-0.270.00.90.890.430.830.650.570.450.43-0.21
0.90.460.560.750.970.110.380.090.930.940.280.760.93-0.21-0.390.150.810.870.320.830.430.690.260.5-0.51
0.730.9-0.340.880.450.50.92-0.510.580.5-0.590.760.19-0.33-0.38-0.390.850.780.710.650.430.390.30.110.04
0.60.330.240.480.620.280.20.430.540.520.220.480.75-0.2-0.210.160.560.610.140.570.690.390.070.18-0.27
0.40.48-0.150.420.340.470.42-0.270.470.44-0.320.330.11-0.08-0.090.140.420.370.40.450.260.30.07-0.240.07
0.4-0.050.680.330.490.030.03-0.090.510.530.340.250.450.01-0.280.110.330.35-0.070.430.50.110.18-0.24-0.21
-0.32-0.01-0.61-0.25-0.470.610.11-0.4-0.38-0.49-0.42-0.31-0.520.30.17-0.08-0.23-0.3-0.3-0.21-0.510.04-0.270.07-0.21
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VA Tech Account Relationship Matchups

VA Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.2B41.6B40.0B40.9B45.7B31.0B
Short Long Term Debt Total5.2B3.6B4.4B2.2B2.9B2.8B
Other Current Liab1.6B7.4B6.1B10.6B8.1B5.0B
Total Current Liabilities25.8B23.7B21.7B23.0B21.5B18.0B
Total Stockholder Equity11.7B15.3B15.4B15.7B18.2B10.7B
Property Plant And Equipment Net838.7M836.4M766.2M718.4M689M821.8M
Net Debt3.0B726.2M1.6B385M(643M)(610.9M)
Cash2.2B2.9B2.8B1.8B4.6B4.8B
Non Current Assets Total6.9B8.6B10.4B10.2B9.5B5.6B
Non Currrent Assets Other5.6B7.2B8.8B8.6B8.0B4.1B
Cash And Short Term Investments2.3B3.0B2.8B3.7B5.1B3.2B
Net Receivables26.4B24.6B20.7B23.6B28.4B17.1B
Liabilities And Stockholders Equity40.2B41.6B40.0B40.9B45.7B31.0B
Inventory264.1M297.6M319.5M411.3M359M343.5M
Other Current Assets3.5B4.7B4.6B2.1B2.5B4.0B
Total Liab28.5B26.5B24.8B25.1B27.5B20.3B
Total Current Assets33.3B33.0B29.6B30.7B36.3B25.4B
Accumulated Other Comprehensive Income(501.8M)2.5B2.5B2.7B2.2B2.4B
Short Term Debt4.9B2.2B3.4B1.6B955M1.8B
Retained Earnings6.4B7.5B8.8B9.0B11.9B6.3B
Accounts Payable16.3B10.8B9.9B10.7B10.3B11.6B
Non Current Liabilities Total2.7B2.8B3.1B2.1B6.0B6.3B
Current Deferred Revenue4.3B4.5B8.2B1.6B2.0B1.9B
Short Term Investments60.5M101.8M32.3M1.9B448M257.1M
Intangible Assets24.7M26.7M33.2M36.4M36M34.2M
Other Liab1.7B2.4B2.6B2.1B2.4B2.3B
Net Tangible Assets10.1B11.7B14.1B15.4B17.7B11.7B
Other Assets5.9B7.5B9.2B397.1M456.7M433.8M
Long Term Debt296.8M1.3B936M550M1.9B2.0B
Short Long Term Debt4.9B1.7B3.3B1.6B920M874M
Property Plant Equipment838.7M836.4M766.3M718.4M646.6M748.7M
Long Term Debt Total305.7M1.4B984.4M582.2M669.5M803.8M
Cash And Equivalents676.6M1.1B857.6M382.2M439.5M600.0M
Net Invested Capital16.9B17.1B19.7B17.9B21.0B19.7B
Net Working Capital7.5B9.4B7.9B7.7B14.7B9.6B

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Other Information on Investing in WABAG Stock

Balance Sheet is a snapshot of the financial position of VA Tech Wabag at a specified time, usually calculated after every quarter, six months, or one year. VA Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VA Tech 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 WABAG currently owns. An asset can also be divided into two categories, current and non-current.