Exxon Income Before Tax vs Non Recurring Analysis
XOM Stock | USD 121.79 0.14 0.11% |
Exxon financial indicator trend analysis is much more than just examining Exxon Mobil Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exxon Mobil Corp is a good investment. Please check the relationship between Exxon Income Before Tax and its Non Recurring accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Income Before Tax vs Non Recurring
Income Before Tax vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exxon Mobil Corp Income Before Tax account and Non Recurring. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Exxon's Income Before Tax and Non Recurring is 0.12. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Exxon Mobil Corp, assuming nothing else is changed. The correlation between historical values of Exxon's Income Before Tax and Non Recurring 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 Exxon Mobil Corp are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Income Before Tax i.e., Exxon's Income Before Tax and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Exxon income statement and is an important metric when analyzing Exxon Mobil Corp 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.Non Recurring
Most indicators from Exxon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exxon Mobil Corp 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 Exxon Mobil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. As of the 24th of November 2024, Selling General Administrative is likely to grow to about 13.3 B. Also, Tax Provision is likely to grow to about 16.2 B
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 947M | 798M | 849M | 806.6M | Depreciation And Amortization | 20.6B | 24.0B | 20.6B | 12.4B |
Exxon fundamental ratios Correlations
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Exxon Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Exxon fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 362.6B | 332.8B | 338.9B | 369.1B | 376.3B | 227.7B | |
Short Long Term Debt Total | 46.9B | 67.6B | 47.7B | 41.2B | 47.7B | 50.1B | |
Other Current Liab | 18.7B | 14.3B | 20.2B | 30.0B | 25.2B | 21.6B | |
Total Current Liabilities | 64.0B | 56.4B | 56.6B | 69.0B | 65.3B | 45.5B | |
Total Stockholder Equity | 191.7B | 157.2B | 168.6B | 195.0B | 204.8B | 112.7B | |
Property Plant And Equipment Net | 253.0B | 227.6B | 216.6B | 204.7B | 214.9B | 148.8B | |
Net Debt | 43.8B | 63.3B | 40.9B | 11.6B | 16.1B | 12.3B | |
Retained Earnings | 421.3B | 383.9B | 392.1B | 432.9B | 453.9B | 476.6B | |
Cash | 3.1B | 4.4B | 6.8B | 29.6B | 31.6B | 33.1B | |
Non Current Assets Total | 312.5B | 287.9B | 279.8B | 271.4B | 279.7B | 180.0B | |
Non Currrent Assets Other | (25.6B) | (18.2B) | (20.2B) | (22.9B) | 17.1B | 18.0B | |
Cash And Short Term Investments | 3.1B | 4.4B | 6.8B | 29.6B | 31.6B | 33.1B | |
Net Receivables | 27.0B | 20.6B | 32.4B | 41.7B | 38.0B | 22.9B | |
Common Stock Shares Outstanding | 4.3B | 4.3B | 4.3B | 4.2B | 4.1B | 4.2B | |
Liabilities And Stockholders Equity | 362.6B | 332.8B | 338.9B | 369.1B | 376.3B | 227.7B | |
Non Current Liabilities Total | 99.7B | 112.3B | 106.6B | 97.5B | 98.5B | 65.1B | |
Inventory | 18.5B | 18.9B | 18.8B | 24.4B | 25.1B | 26.4B | |
Other Current Assets | 1.5B | 1.1B | 1.2B | 1.8B | 1.9B | 2.9B | |
Other Stockholder Equity | (225.8B) | (225.8B) | (225.5B) | (240.3B) | (254.9B) | (242.2B) | |
Total Liab | 163.7B | 168.6B | 163.2B | 166.6B | 163.8B | 110.6B | |
Total Current Assets | 50.1B | 44.9B | 59.2B | 97.6B | 96.6B | 101.4B | |
Short Term Debt | 20.6B | 20.5B | 4.3B | 634M | 5.7B | 7.5B | |
Accounts Payable | 24.7B | 17.5B | 26.6B | 33.2B | 31.2B | 23.9B | |
Property Plant And Equipment Gross | 253.0B | 227.6B | 216.6B | 204.7B | 214.9B | 174.6B | |
Accumulated Other Comprehensive Income | (19.5B) | (16.7B) | (13.8B) | (13.3B) | (12.0B) | (12.6B) | |
Common Stock | 15.6B | 15.7B | 15.7B | 15.8B | 17.8B | 18.7B | |
Common Stock Total Equity | 15.6B | 15.7B | 15.7B | 15.8B | 14.2B | 14.4B | |
Other Liab | 68.7B | 60.9B | 59.2B | 52.8B | 60.7B | 48.6B | |
Other Assets | 23.4B | 43.5B | 20.3B | 17.0B | 19.5B | 14.6B | |
Long Term Debt | 24.7B | 45.5B | 41.7B | 40.6B | 33.6B | 17.8B | |
Treasury Stock | (225.6B) | (225.8B) | (225.8B) | (225.5B) | (202.9B) | (213.1B) | |
Property Plant Equipment | 253.0B | 227.6B | 216.6B | 204.7B | 235.4B | 197.3B | |
Current Deferred Revenue | (18.7B) | 5.9B | 18.2B | (58.0B) | 3.2B | 3.3B | |
Intangible Assets | 16.4B | 16.8B | 18.0B | 17.0B | 19.5B | 11.0B | |
Noncontrolling Interest In Consolidated Entity | 7.3B | 7.0B | 7.1B | 7.4B | 6.7B | 11.5B | |
Retained Earnings Total Equity | 421.3B | 383.9B | 392.1B | 432.9B | 497.8B | 408.1B | |
Deferred Long Term Liab | 25.6B | 18.2B | 20.2B | 22.9B | 20.6B | 22.9B | |
Net Tangible Assets | 191.7B | 157.2B | 160.6B | 195.0B | 224.3B | 189.3B | |
Long Term Debt Total | 26.3B | 47.2B | 43.4B | 40.6B | 37.5B | 26.5B |
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Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil, Gas & Consumable Fuels 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 Exxon. If investors know Exxon 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 Exxon 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 (0.15) | Dividend Share 3.8 | Earnings Share 8.03 | Revenue Per Share 81.881 | Quarterly Revenue Growth (0.01) |
The market value of Exxon Mobil Corp is measured differently than its book value, which is the value of Exxon that is recorded on the company's balance sheet. Investors also form their own opinion of Exxon's value that differs from its market value or its book value, called intrinsic value, which is Exxon'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 Exxon's market value can be influenced by many factors that don't directly affect Exxon'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 Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon'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.