Wasu Other Operating Expenses vs Income Before Tax Analysis

000156 Stock   8.40  0.34  4.22%   
Wasu Media financial indicator trend analysis is more than just analyzing Wasu Media Holding current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wasu Media Holding is a good investment. Please check the relationship between Wasu Media Other Operating Expenses and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wasu Media Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wasu Media Holding Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Wasu Media's Other Operating Expenses and Income Before Tax is 0.34. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Wasu Media Holding, assuming nothing else is changed. The correlation between historical values of Wasu Media's Other Operating Expenses 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 Other Operating Expenses of Wasu Media Holding 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 Other Operating Expenses i.e., Wasu Media's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wasu Media Holding. It is also known as Wasu Media overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Wasu Media income statement and is an important metric when analyzing Wasu Media Holding 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 Wasu Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wasu Media Holding 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Wasu Media Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 1.2 B. The current year's Tax Provision is expected to grow to about 16 M
 2021 2022 2023 2024 (projected)
Operating Income789.1M725.2M623.2M374.5M
Total Revenue8.5B9.4B9.7B10.2B

Wasu Media fundamental ratios Correlations

0.380.940.860.850.950.840.940.90.010.90.280.950.860.970.940.950.810.890.830.840.010.84-0.870.80.85
0.380.290.520.510.340.50.490.550.050.330.080.250.40.450.430.440.250.380.440.140.280.23-0.480.520.19
0.940.290.70.721.00.680.960.92-0.130.950.160.980.830.850.980.970.830.920.880.87-0.10.86-0.850.880.89
0.860.520.70.970.720.860.770.770.150.690.330.70.720.910.750.780.690.810.770.690.240.69-0.80.680.65
0.850.510.720.970.740.790.790.80.190.690.430.710.720.880.770.80.670.830.770.670.350.67-0.850.710.63
0.950.341.00.720.740.70.950.94-0.120.970.150.980.830.850.990.980.860.930.910.88-0.110.88-0.870.90.9
0.840.50.680.860.790.70.750.74-0.010.620.20.690.720.920.720.750.530.660.610.530.060.55-0.620.610.55
0.940.490.960.770.790.950.750.92-0.070.90.160.930.850.90.970.980.770.890.870.780.00.79-0.860.870.81
0.90.550.920.770.80.940.740.92-0.070.910.230.870.770.840.950.940.760.90.880.770.070.8-0.890.940.78
0.010.05-0.130.150.19-0.12-0.01-0.07-0.07-0.19-0.08-0.11-0.090.11-0.12-0.08-0.18-0.08-0.14-0.180.6-0.19-0.11-0.14-0.19
0.90.330.950.690.690.970.620.90.91-0.190.10.940.770.770.960.940.910.930.930.93-0.20.94-0.850.880.92
0.280.080.160.330.430.150.20.160.23-0.080.10.190.210.310.170.180.090.20.060.120.460.11-0.420.140.1
0.950.250.980.70.710.980.690.930.87-0.110.940.190.850.860.950.940.880.890.840.91-0.190.9-0.810.790.93
0.860.40.830.720.720.830.720.850.77-0.090.770.210.850.830.830.850.70.720.70.72-0.090.73-0.70.660.73
0.970.450.850.910.880.850.920.90.840.110.770.310.860.830.870.890.680.80.740.70.140.7-0.820.720.71
0.940.430.980.750.770.990.720.970.95-0.120.960.170.950.830.870.990.830.930.920.84-0.030.85-0.90.930.86
0.950.440.970.780.80.980.750.980.94-0.080.940.180.940.850.890.990.810.920.90.820.00.83-0.890.910.84
0.810.250.830.690.670.860.530.770.76-0.180.910.090.880.70.680.830.810.910.90.98-0.340.99-0.730.720.98
0.890.380.920.810.830.930.660.890.9-0.080.930.20.890.720.80.930.920.910.980.91-0.010.9-0.890.910.91
0.830.440.880.770.770.910.610.870.88-0.140.930.060.840.70.740.920.90.90.980.89-0.070.89-0.850.920.88
0.840.140.870.690.670.880.530.780.77-0.180.930.120.910.720.70.840.820.980.910.89-0.320.99-0.740.720.97
0.010.28-0.10.240.35-0.110.060.00.070.6-0.20.46-0.19-0.090.14-0.030.0-0.34-0.01-0.07-0.32-0.34-0.320.11-0.34
0.840.230.860.690.670.880.550.790.8-0.190.940.110.90.730.70.850.830.990.90.890.99-0.34-0.740.730.96
-0.87-0.48-0.85-0.8-0.85-0.87-0.62-0.86-0.89-0.11-0.85-0.42-0.81-0.7-0.82-0.9-0.89-0.73-0.89-0.85-0.74-0.32-0.74-0.88-0.73
0.80.520.880.680.710.90.610.870.94-0.140.880.140.790.660.720.930.910.720.910.920.720.110.73-0.880.75
0.850.190.890.650.630.90.550.810.78-0.190.920.10.930.730.710.860.840.980.910.880.97-0.340.96-0.730.75
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Wasu Media Account Relationship Matchups

Wasu Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B23.4B25.6B27.1B29.3B30.7B
Other Current Liab2.9B3.0B3.3B2.0M1.0B1.0B
Total Current Liabilities6.1B6.6B7.8B8.8B10.7B11.2B
Total Stockholder Equity11.0B13.5B14.1B14.5B14.8B7.5B
Retained Earnings2.7B2.6B3.2B3.2B3.4B1.8B
Accounts Payable2.5B2.9B3.6B3.7B4.3B4.5B
Cash5.3B5.6B7.0B5.4B6.5B6.9B
Other Assets962.3M1.7B1.9B1.9B2.1B2.2B
Net Receivables1.8B1.3B2.5B1.6B1.9B2.0B
Inventory681.5M1.1B1.3B1.3B1.3B1.3B
Other Current Assets288.9M142.9M884.6M753.8M727.1M763.5M
Total Liab4.7B9.6B11.1B12.2B14.1B14.8B
Intangible Assets375.1M504.5M551.3M574.2M584.6M613.8M
Property Plant Equipment3.4B8.9B9.2B10.1B11.6B12.2B
Other Liab1.4B2.8B2.9B3.1B3.5B3.7B
Net Tangible Assets10.0B11.9B12.5B13.0B15.0B11.9B
Deferred Long Term Liab942.7M1.6B1.8B1.7B2.0B1.4B
Non Current Assets Total6.1B13.0B13.9B16.7B17.2B11.7B
Non Currrent Assets Other6.1B61.1M25.7M1M6M5.7M
Non Current Liabilities Total1.4B2.9B3.3B3.4B3.4B2.6B
Other Stockholder Equity59.9M3.6M1.9M2.1M1.9M1.8M
Total Current Assets12.4B10.5B11.7B10.4B12.1B11.3B
Net Invested Capital11.0B13.5B14.2B15.5B15.9B14.3B
Net Working Capital6.3B3.8B3.9B1.6B1.4B1.3B

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Other Information on Investing in Wasu Stock

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