YETI Income Before Tax vs Ebit Analysis

YETI Stock  USD 39.61  1.11  2.88%   
YETI Holdings financial indicator trend analysis is more than just analyzing YETI Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YETI Holdings is a good investment. Please check the relationship between YETI Holdings Income Before Tax and its Ebit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YETI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in YETI Stock please use our How to Invest in YETI Holdings guide.

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YETI Holdings Income Before Tax account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between YETI Holdings' Income Before Tax and Ebit is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of YETI Holdings, assuming nothing else is changed. The correlation between historical values of YETI Holdings' Income Before Tax and Ebit 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 YETI Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., YETI Holdings' Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Ebit

Most indicators from YETI Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YETI Holdings 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 YETI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in YETI Stock please use our How to Invest in YETI Holdings guide.The YETI Holdings' current Tax Provision is estimated to increase to about 31.2 M, while Selling General Administrative is projected to decrease to under 322.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.3M4.5M942K894.9K
Depreciation And Amortization32.1M39.8M46.4M25.4M

YETI Holdings fundamental ratios Correlations

0.660.060.630.670.840.560.80.66-0.06-0.60.670.690.90.670.120.57-0.180.90.630.69-0.52-0.580.050.570.49
0.660.330.870.980.730.710.70.980.18-0.370.480.960.850.980.430.660.110.850.90.82-0.8-0.630.320.950.85
0.060.330.050.31-0.270.04-0.360.320.720.7-0.530.150.070.380.180.410.970.070.410.25-0.78-0.21.00.520.15
0.630.870.050.920.730.750.760.89-0.19-0.50.530.90.740.880.650.47-0.160.740.760.6-0.61-0.680.030.80.71
0.670.980.310.920.710.750.70.970.13-0.380.450.960.840.970.490.60.080.840.890.75-0.8-0.680.290.930.82
0.840.73-0.270.730.710.590.990.71-0.22-0.860.930.770.920.690.220.58-0.50.920.60.75-0.31-0.5-0.270.580.7
0.560.710.040.750.750.590.610.78-0.27-0.450.370.840.660.720.150.15-0.140.660.730.62-0.53-0.870.040.560.38
0.80.7-0.360.760.70.990.610.69-0.29-0.890.940.770.870.660.250.47-0.580.870.580.65-0.23-0.47-0.370.550.68
0.660.980.320.890.970.710.780.690.07-0.360.450.960.830.990.440.610.10.830.90.82-0.81-0.740.310.920.76
-0.060.180.72-0.190.13-0.22-0.27-0.290.070.53-0.31-0.030.010.12-0.030.350.730.010.260.07-0.40.270.710.360.26
-0.6-0.370.7-0.5-0.38-0.86-0.45-0.89-0.360.53-0.93-0.51-0.66-0.310.01-0.180.85-0.66-0.24-0.45-0.150.310.7-0.13-0.43
0.670.48-0.530.530.450.930.370.940.45-0.31-0.930.540.740.430.140.46-0.710.740.330.550.03-0.26-0.530.330.59
0.690.960.150.90.960.770.840.770.96-0.03-0.510.540.860.940.320.48-0.070.860.880.79-0.7-0.720.140.830.77
0.90.850.070.740.840.920.660.870.830.01-0.660.740.860.830.170.68-0.171.00.750.88-0.61-0.630.060.720.75
0.670.980.380.880.970.690.720.660.990.12-0.310.430.940.830.480.680.150.830.880.82-0.84-0.710.370.940.78
0.120.430.180.650.490.220.150.250.44-0.030.010.140.320.170.480.490.090.170.270.12-0.37-0.230.150.570.46
0.570.660.410.470.60.580.150.470.610.35-0.180.460.480.680.680.490.230.680.470.72-0.63-0.310.40.740.72
-0.180.110.97-0.160.08-0.5-0.14-0.580.10.730.85-0.71-0.07-0.170.150.090.23-0.170.210.03-0.61-0.020.970.32-0.03
0.90.850.070.740.840.920.660.870.830.01-0.660.740.861.00.830.170.68-0.170.750.88-0.61-0.630.060.720.75
0.630.90.410.760.890.60.730.580.90.26-0.240.330.880.750.880.270.470.210.750.74-0.78-0.650.40.850.61
0.690.820.250.60.750.750.620.650.820.07-0.450.550.790.880.820.120.720.030.880.74-0.68-0.710.250.690.63
-0.52-0.8-0.78-0.61-0.8-0.31-0.53-0.23-0.81-0.4-0.150.03-0.7-0.61-0.84-0.37-0.63-0.61-0.61-0.78-0.680.65-0.77-0.84-0.53
-0.58-0.63-0.2-0.68-0.68-0.5-0.87-0.47-0.740.270.31-0.26-0.72-0.63-0.71-0.23-0.31-0.02-0.63-0.65-0.710.65-0.19-0.5-0.22
0.050.321.00.030.29-0.270.04-0.370.310.710.7-0.530.140.060.370.150.40.970.060.40.25-0.77-0.190.510.13
0.570.950.520.80.930.580.560.550.920.36-0.130.330.830.720.940.570.740.320.720.850.69-0.84-0.50.510.83
0.490.850.150.710.820.70.380.680.760.26-0.430.590.770.750.780.460.72-0.030.750.610.63-0.53-0.220.130.83
Click cells to compare fundamentals

YETI Holdings Account Relationship Matchups

YETI Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding86.3M87.8M88.7M87.2M87.4M93.9M
Total Assets629.5M737.1M1.1B1.1B1.3B762.4M
Short Long Term Debt Total346.9M178.5M186.4M164.1M176.1M198.7M
Other Current Liab59.0M95.4M142.4M194.4M113.6M75.8M
Total Current Liabilities170.3M287.8M403.7M409.0M398.4M247.4M
Total Stockholder Equity122.0M288.4M517.8M526.5M723.6M759.8M
Other Liab13.3M13.3M23.1M13.9M15.9M12.7M
Net Tangible Assets(23.1M)142.0M368.2M372.8M428.7M450.1M
Property Plant And Equipment Net120.4M112.2M174.0M180.0M208.3M111.5M
Current Deferred Revenue4.5M11.1M20.8M7.7M22.4M20.5M
Net Debt274.4M(74.8M)(125.8M)(70.7M)(262.8M)(249.7M)
Retained Earnings(189.5M)(33.7M)178.9M268.6M438.4M460.4M
Accounts Payable83.8M123.6M191.3M140.8M190.4M98.6M
Cash72.5M253.3M312.2M234.7M439.0M460.9M
Non Current Assets Total269.0M260.6M326.2M357.8M382.8M273.7M
Non Currrent Assets Other2.4M972K2.6M24.1M2.6M2.5M
Other Assets3.5M2.0M2.6M24.1M27.7M29.1M
Long Term Debt281.7M111.0M95.7M71.7M75.2M71.4M
Cash And Short Term Investments72.5M253.3M312.2M234.7M439.0M460.9M
Net Receivables82.7M65.4M109.5M79.4M95.8M74.5M
Common Stock Total Equity842K868K871K877K789.3K910.5K
Liabilities And Stockholders Equity629.5M737.1M1.1B1.1B1.3B762.4M
Non Current Liabilities Total337.2M160.9M174.8M141.2M175.2M185.6M
Inventory185.7M140.1M318.9M371.4M337.2M222.9M
Other Current Assets3.2M17.7M29.6M33.3M42.5M21.5M
Other Stockholder Equity310.7M321.7M337.7M257.5M286.4M266.6M
Total Liab507.5M448.6M578.5M550.3M573.6M502.7M
Deferred Long Term Liab1.0M1.0M2.4M972K874.8K1.6M
Property Plant And Equipment Gross120.4M112.2M174.0M180.0M374.4M393.1M
Short Long Term Debt15M22.7M24.6M24.6M4.2M4.0M
Total Current Assets360.5M476.5M770.2M718.9M914.4M488.7M
Accumulated Other Comprehensive Income4K(387K)353K(420K)(2.1M)(2.2M)
Short Term Debt23.0M39.4M34.7M50.9M38.4M35.9M
Intangible Assets90.9M92.1M95.3M99.4M117.6M95.3M
Common Stock868K871K877K881K886K869.8K
Property Plant Equipment120.4M112.2M174.0M180.0M207.0M217.3M
Long Term Debt Total284.4M281.7M111.0M95.7M86.2M81.9M
Capital Surpluse268.3M310.7M321.7M337.7M388.4M278.1M
Non Current Liabilities Other13.3M49.9M23.1M13.9M20.4M20.3M

Currently Active Assets on Macroaxis

When determining whether YETI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YETI Holdings' 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 Yeti Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yeti Holdings Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YETI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in YETI Stock please use our How to Invest in YETI Holdings guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Leisure Products 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 YETI Holdings. If investors know YETI 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 YETI Holdings 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
0.347
Earnings Share
2.31
Revenue Per Share
21.044
Quarterly Revenue Growth
0.104
Return On Assets
0.1343
The market value of YETI Holdings is measured differently than its book value, which is the value of YETI that is recorded on the company's balance sheet. Investors also form their own opinion of YETI Holdings' value that differs from its market value or its book value, called intrinsic value, which is YETI Holdings' 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 YETI Holdings' market value can be influenced by many factors that don't directly affect YETI Holdings' 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 YETI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if YETI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YETI Holdings' 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.