Xunlei Operating Income vs Income Before Tax Analysis

XNET Stock

USD 1.87 0.01 0.54%

Xunlei financial indicator trend analysis is more than just analyzing Xunlei Ltd Adr current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xunlei Ltd Adr is a good investment. Please check the relationship between Xunlei Operating Income and its Income Before Tax accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xunlei Ltd Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xunlei Ltd Adr Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Xunlei's Operating Income and Income Before Tax is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Xunlei Ltd Adr, assuming nothing else is changed. The correlation between historical values of Xunlei's Operating Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Xunlei Ltd Adr are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Operating Income i.e., Xunlei's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Xunlei Ltd Adr 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 Xunlei Ltd Adr 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.

Income Before Tax

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

Most indicators from Xunlei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xunlei Ltd Adr 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 Xunlei Ltd Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Xunlei's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 4.3 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (1.54).

	2021	2022	2023	2024 (projected)
Gross Profit	120.2M	141.4M	163.1M	91.0M
Total Revenue	238.8M	341.5M	363.7M	195.9M

Gross Profit Total Revenue

Xunlei fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	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	Intangible Assets	Common Stock	Short Long Term Debt Total	Non Currrent Assets Other
Total Assets		0.09	0.73	0.98	0.43	0.7	-0.79	-0.41	0.53	0.82	0.78	0.97	-0.06	0.92	0.84	0.37	0.03	0.33	0.92	0.72	0.71	0.98	0.44	0.92	0.13	-0.46
Other Current Liab	0.09		0.4	-0.02	0.75	0.53	0.22	-0.61	-0.1	-0.14	0.51	-0.11	0.43	0.21	0.25	0.61	-0.24	0.39	0.23	0.47	0.44	-0.05	-0.29	0.2	0.91	0.12
Total Current Liabilities	0.73	0.4		0.6	0.66	0.91	-0.31	-0.59	0.69	0.36	0.83	0.56	0.53	0.67	0.64	0.53	0.21	0.33	0.69	0.99	0.82	0.64	0.17	0.67	0.29	-0.52
Total Stockholder Equity	0.98	-0.02	0.6		0.32	0.58	-0.84	-0.32	0.45	0.86	0.69	0.99	-0.22	0.9	0.82	0.26	0.0	0.27	0.91	0.58	0.61	0.99	0.45	0.91	0.06	-0.42
Property Plant And Equipment Net	0.43	0.75	0.66	0.32		0.79	0.06	-0.9	0.01	0.03	0.87	0.21	0.37	0.63	0.65	0.64	-0.14	0.16	0.63	0.71	0.74	0.25	-0.22	0.62	0.54	-0.26
Current Deferred Revenue	0.7	0.53	0.91	0.58	0.79		-0.28	-0.68	0.47	0.35	0.87	0.52	0.39	0.69	0.66	0.71	0.13	0.45	0.71	0.94	0.85	0.59	0.28	0.68	0.38	-0.39
Net Debt	-0.79	0.22	-0.31	-0.84	0.06	-0.28		-0.14	-0.49	-0.99	-0.29	-0.88	0.25	-0.57	-0.42	-0.26	0.16	-0.42	-0.57	-0.32	-0.35	-0.87	-0.68	-0.58	0.07	0.1
Retained Earnings	-0.41	-0.61	-0.59	-0.32	-0.9	-0.68	-0.14		0.1	0.06	-0.82	-0.22	-0.22	-0.66	-0.73	-0.38	-0.12	0.04	-0.68	-0.59	-0.57	-0.24	0.31	-0.66	-0.44	0.42
Accounts Payable	0.53	-0.1	0.69	0.45	0.01	0.47	-0.49	0.1		0.47	0.28	0.49	0.47	0.23	0.16	0.32	0.09	0.37	0.25	0.67	0.46	0.57	0.47	0.24	-0.1	-0.38
Cash	0.82	-0.14	0.36	0.86	0.03	0.35	-0.99	0.06	0.47		0.36	0.88	-0.22	0.62	0.47	0.32	-0.19	0.46	0.62	0.38	0.39	0.89	0.66	0.63	0.0	-0.1
Non Current Assets Total	0.78	0.51	0.83	0.69	0.87	0.87	-0.29	-0.82	0.28	0.36		0.61	0.23	0.89	0.88	0.52	-0.02	0.19	0.89	0.83	0.84	0.64	0.02	0.88	0.36	-0.44
Cash And Short Term Investments	0.97	-0.11	0.56	0.99	0.21	0.52	-0.88	-0.22	0.49	0.88	0.61		-0.26	0.85	0.77	0.22	0.03	0.27	0.85	0.54	0.55	0.99	0.5	0.86	0.0	-0.41
Net Receivables	-0.06	0.43	0.53	-0.22	0.37	0.39	0.25	-0.22	0.47	-0.22	0.23	-0.26		-0.13	-0.14	0.47	0.02	0.24	-0.11	0.56	0.38	-0.15	-0.1	-0.14	0.26	-0.14
Common Stock Total Equity	0.92	0.21	0.67	0.9	0.63	0.69	-0.57	-0.66	0.23	0.62	0.89	0.85	-0.13		0.96	0.3	0.04	0.13	1.0	0.65	0.7	0.85	0.15	1.0	0.21	-0.47
Common Stock Shares Outstanding	0.84	0.25	0.64	0.82	0.65	0.66	-0.42	-0.73	0.16	0.47	0.88	0.77	-0.14	0.96		0.25	0.07	0.0	0.97	0.62	0.65	0.76	-0.01	0.96	0.24	-0.5
Non Current Liabilities Total	0.37	0.61	0.53	0.26	0.64	0.71	-0.26	-0.38	0.32	0.32	0.52	0.22	0.47	0.3	0.25		-0.36	0.65	0.32	0.67	0.67	0.3	0.36	0.29	0.47	0.0
Inventory	0.03	-0.24	0.21	0.0	-0.14	0.13	0.16	-0.12	0.09	-0.19	-0.02	0.03	0.02	0.04	0.07	-0.36		-0.1	0.06	0.12	0.01	0.05	0.09	0.05	-0.25	-0.41
Other Current Assets	0.33	0.39	0.33	0.27	0.16	0.45	-0.42	0.04	0.37	0.46	0.19	0.27	0.24	0.13	0.0	0.65	-0.1		0.17	0.42	0.27	0.34	0.68	0.13	0.42	0.25
Other Stockholder Equity	0.92	0.23	0.69	0.91	0.63	0.71	-0.57	-0.68	0.25	0.62	0.89	0.85	-0.11	1.0	0.97	0.32	0.06	0.17		0.67	0.69	0.85	0.17	1.0	0.22	-0.46
Total Liab	0.72	0.47	0.99	0.58	0.71	0.94	-0.32	-0.59	0.67	0.38	0.83	0.54	0.56	0.65	0.62	0.67	0.12	0.42	0.67		0.86	0.62	0.23	0.64	0.35	-0.46
Property Plant And Equipment Gross	0.71	0.44	0.82	0.61	0.74	0.85	-0.35	-0.57	0.46	0.39	0.84	0.55	0.38	0.7	0.65	0.67	0.01	0.27	0.69	0.86		0.61	0.19	0.69	0.32	-0.55
Total Current Assets	0.98	-0.05	0.64	0.99	0.25	0.59	-0.87	-0.24	0.57	0.89	0.64	0.99	-0.15	0.85	0.76	0.3	0.05	0.34	0.85	0.62	0.61		0.53	0.85	0.05	-0.42
Intangible Assets	0.44	-0.29	0.17	0.45	-0.22	0.28	-0.68	0.31	0.47	0.66	0.02	0.5	-0.1	0.15	-0.01	0.36	0.09	0.68	0.17	0.23	0.19	0.53		0.16	-0.25	-0.03
Common Stock	0.92	0.2	0.67	0.91	0.62	0.68	-0.58	-0.66	0.24	0.63	0.88	0.86	-0.14	1.0	0.96	0.29	0.05	0.13	1.0	0.64	0.69	0.85	0.16		0.2	-0.49
Short Long Term Debt Total	0.13	0.91	0.29	0.06	0.54	0.38	0.07	-0.44	-0.1	0.0	0.36	0.0	0.26	0.21	0.24	0.47	-0.25	0.42	0.22	0.35	0.32	0.05	-0.25	0.2		0.13
Non Currrent Assets Other	-0.46	0.12	-0.52	-0.42	-0.26	-0.39	0.1	0.42	-0.38	-0.1	-0.44	-0.41	-0.14	-0.47	-0.5	0.0	-0.41	0.25	-0.46	-0.46	-0.55	-0.42	-0.03	-0.49	0.13

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Xunlei Account Relationship Matchups

Xunlei fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	424.7M	415.6M	440.7M	463.3M	468.7M	404.6M
Other Current Liab	50.4M	44.1M	86.1M	215.6M	89.1M	93.6M
Total Current Liabilities	111.3M	103.3M	119.9M	128.3M	128.1M	102.3M
Total Stockholder Equity	296.9M	292.2M	303.6M	309.9M	324.9M	288.0M
Property Plant And Equipment Net	47.5M	52.7M	57.7M	62.6M	60.6M	32.6M
Current Deferred Revenue	32.0M	34.0M	36.9M	39.0M	36.4M	29.2M
Net Debt	(142.3M)	(115.3M)	(103.2M)	(146.3M)	(147.9M)	(155.2M)
Retained Earnings	(167.0M)	(181.1M)	(180.6M)	(160.1M)	(146.9M)	(139.6M)
Accounts Payable	24.2M	20.6M	26.4M	25.4M	24.4M	28.0M
Cash	162.5M	137.2M	123.4M	178.7M	170.8M	173.4M
Non Current Assets Total	108.1M	113.3M	146.8M	131.1M	141.3M	91.1M
Cash And Short Term Investments	265.3M	255.1M	239.0M	262.3M	271.9M	260.3M
Net Receivables	29.2M	33.9M	41.5M	43.0M	43.6M	35.1M
Common Stock Shares Outstanding	67.6M	67.5M	67.2M	67.2M	65.4M	50.5M
Liabilities And Stockholders Equity	424.7M	415.6M	440.7M	463.3M	468.7M	404.6M
Non Current Liabilities Total	17.9M	22.0M	19.1M	26.6M	17.1M	15.4M
Inventory	5.5M	1.7M	1.4M	457K	2.2M	3.2M
Other Current Assets	16.5M	11.6M	12.0M	28.0M	9.7M	15.0M
Other Stockholder Equity	472.1M	469.9M	476.1M	477.5M	482.5M	359.3M
Total Liab	129.1M	125.2M	139.0M	154.9M	145.2M	117.7M
Total Current Assets	316.6M	302.3M	293.9M	332.2M	327.4M	313.5M
Accumulated Other Comprehensive Income	(8.3M)	3.3M	8.2M	(7.6M)	(10.8M)	(10.2M)
Intangible Assets	9.4M	8.9M	8.3M	6.5M	5.7M	9.9M
Non Currrent Assets Other	3.3M	2.4M	6.9M	9.8M	266K	252.7K
Short Term Debt	4.7M	2.0M	2.9M	566K	7.2M	6.8M
Other Liab	2.4M	2.0M	1.8M	1.6M	1.4M	1.3M
Other Assets	4.4M	2.4M	26.2M	10.0M	9.0M	8.9M
Short Term Investments	102.8M	117.8M	115.7M	83.6M	101.1M	108.7M
Property Plant Equipment	47.5M	52.7M	57.7M	62.6M	72.0M	75.6M
Net Tangible Assets	267.1M	260.7M	272.2M	282.2M	254.0M	242.4M
Good Will	20.4M	22.6M	23.1M	21.2M	20.8M	17.4M
Long Term Investments	26.4M	26.7M	31.5M	30.8M	32.1M	28.4M

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