XCHG Income Before Tax vs Net Income Analysis
XCH Stock | 13.35 1.35 9.18% |
XCHG Limited financial indicator trend analysis is more than just analyzing XCHG Limited American current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XCHG Limited American is a good investment. Please check the relationship between XCHG Limited Income Before Tax and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XCHG Limited American. 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.
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 XCHG Limited American Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between XCHG Limited's 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 XCHG Limited American, assuming nothing else is changed. The correlation between historical values of XCHG Limited's 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 XCHG Limited American 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., XCHG Limited's Income Before Tax and Net Income go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on XCHG Limited income statement and is an important metric when analyzing XCHG Limited American 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 XCHG Limited American financial statement analysis. It represents the amount of money remaining after all of XCHG Limited American operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from XCHG Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XCHG Limited American 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 XCHG Limited American. 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. Tax Provision is expected to grow at the current pace this year, while Selling General Administrative is projected to decrease to under 11.4 M.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 339.1K | 67.0K | 194.5K | 160.1K | Interest Income | 213.4K | 200.9K | 100.8K | 137.4K |
XCHG Limited fundamental ratios Correlations
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XCHG Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether XCHG Limited American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XCHG Limited'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 Xchg Limited American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xchg Limited American Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XCHG Limited American. 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. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Electrical Components & Equipment 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 XCHG Limited. If investors know XCHG 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 XCHG Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 2.252 | Quarterly Revenue Growth 0.51 | Return On Equity (0.48) |
The market value of XCHG Limited American is measured differently than its book value, which is the value of XCHG that is recorded on the company's balance sheet. Investors also form their own opinion of XCHG Limited's value that differs from its market value or its book value, called intrinsic value, which is XCHG Limited'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 XCHG Limited's market value can be influenced by many factors that don't directly affect XCHG Limited'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 XCHG Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if XCHG Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XCHG Limited'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.