Sunwave Income Before Tax vs Net Income Analysis

002115 Stock

7.97 0.16 2.05%

Sunwave Communications financial indicator trend analysis is much more than just breaking down Sunwave Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunwave Communications is a good investment. Please check the relationship between Sunwave Communications Income Before Tax and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunwave Communications Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 Sunwave Communications Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Sunwave Communications' Income Before Tax and Net Income is 0.99. 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 Sunwave Communications Co, assuming nothing else is changed. The correlation between historical values of Sunwave Communications' 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 Sunwave Communications Co 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., Sunwave Communications' Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Sunwave Communications income statement and is an important metric when analyzing Sunwave Communications 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 Sunwave Communications financial statement analysis. It represents the amount of money remaining after all of Sunwave Communications Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

As of February 18, 2025, Selling General Administrative is expected to decline to about 173.5 M. In addition to that, Tax Provision is expected to decline to about 33.1 M

	2022	2023	2024	2025 (projected)
Operating Income	171.0M	165.9M	190.8M	200.3M
Total Revenue	10.3B	12.5B	14.4B	15.1B

Operating Income Total Revenue

Sunwave Communications fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Intangible Assets	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will
Total Assets		0.61	0.97	0.87	0.88	0.04	0.84	0.84	0.6	0.12	0.86	0.0	0.71	0.97	0.78	0.77	0.66	0.08	0.63	0.58	0.47	0.91	0.79	0.82	-0.13	0.69
Other Current Liab	0.61		0.67	0.38	0.58	0.37	0.5	0.46	0.56	0.17	0.31	-0.07	0.61	0.69	0.19	0.24	0.75	-0.36	-0.06	0.07	0.57	0.52	0.26	0.71	0.41	0.75
Total Current Liabilities	0.97	0.67		0.84	0.81	-0.08	0.88	0.84	0.49	0.0	0.82	0.04	0.69	0.96	0.74	0.79	0.65	0.09	0.61	0.58	0.36	0.91	0.81	0.79	-0.05	0.66
Total Stockholder Equity	0.87	0.38	0.84		0.73	-0.11	0.69	0.75	0.57	-0.02	0.76	-0.04	0.65	0.8	0.94	0.89	0.47	0.23	0.7	0.61	0.39	0.89	0.86	0.77	-0.31	0.66
Other Liab	0.88	0.58	0.81	0.73		0.26	0.72	0.73	0.65	0.4	0.69	0.06	0.6	0.89	0.63	0.63	0.69	0.07	0.39	0.49	0.58	0.81	0.57	0.72	0.02	0.64
Retained Earnings	0.04	0.37	-0.08	-0.11	0.26		-0.21	-0.16	0.54	0.49	-0.16	0.06	-0.01	0.05	-0.32	-0.41	0.25	-0.31	-0.56	-0.54	0.66	-0.15	-0.48	0.29	0.36	0.45
Accounts Payable	0.84	0.5	0.88	0.69	0.72	-0.21		0.88	0.15	0.07	0.85	0.25	0.52	0.87	0.73	0.74	0.51	0.2	0.62	0.63	0.0	0.75	0.77	0.46	-0.21	0.33
Cash	0.84	0.46	0.84	0.75	0.73	-0.16	0.88		0.32	-0.07	0.85	0.09	0.57	0.8	0.76	0.68	0.35	-0.05	0.72	0.81	0.16	0.77	0.83	0.5	-0.48	0.38
Other Assets	0.6	0.56	0.49	0.57	0.65	0.54	0.15	0.32		0.27	0.34	-0.24	0.71	0.54	0.35	0.22	0.54	-0.27	0.11	0.13	0.95	0.52	0.25	0.81	0.15	0.83
Long Term Debt	0.12	0.17	0.0	-0.02	0.4	0.49	0.07	-0.07	0.27		-0.04	-0.05	-0.03	0.26	0.02	0.0	0.61	0.11	-0.37	-0.18	0.31	0.07	-0.25	0.16	0.24	0.25
Net Receivables	0.86	0.31	0.82	0.76	0.69	-0.16	0.85	0.85	0.34	-0.04		0.26	0.59	0.79	0.79	0.67	0.33	0.26	0.77	0.66	0.15	0.69	0.78	0.47	-0.37	0.3
Inventory	0.0	-0.07	0.04	-0.04	0.06	0.06	0.25	0.09	-0.24	-0.05	0.26		-0.18	0.03	-0.01	-0.01	-0.18	0.61	-0.09	-0.15	-0.34	-0.24	-0.14	-0.31	0.09	-0.32
Other Current Assets	0.71	0.61	0.69	0.65	0.6	-0.01	0.52	0.57	0.71	-0.03	0.59	-0.18		0.66	0.54	0.46	0.51	-0.24	0.48	0.5	0.56	0.65	0.62	0.65	0.04	0.58
Total Liab	0.97	0.69	0.96	0.8	0.89	0.05	0.87	0.8	0.54	0.26	0.79	0.03	0.66		0.73	0.76	0.78	0.12	0.5	0.52	0.43	0.9	0.72	0.8	0.01	0.69
Common Stock	0.78	0.19	0.74	0.94	0.63	-0.32	0.73	0.76	0.35	0.02	0.79	-0.01	0.54	0.73		0.92	0.39	0.35	0.78	0.73	0.13	0.82	0.89	0.56	-0.49	0.43
Property Plant Equipment	0.77	0.24	0.79	0.89	0.63	-0.41	0.74	0.68	0.22	0.0	0.67	-0.01	0.46	0.76	0.92		0.47	0.44	0.71	0.66	0.06	0.88	0.88	0.58	-0.29	0.44
Intangible Assets	0.66	0.75	0.65	0.47	0.69	0.25	0.51	0.35	0.54	0.61	0.33	-0.18	0.51	0.78	0.39	0.47		0.0	-0.02	0.12	0.54	0.62	0.29	0.73	0.41	0.73
Short Term Investments	0.08	-0.36	0.09	0.23	0.07	-0.31	0.2	-0.05	-0.27	0.11	0.26	0.61	-0.24	0.12	0.35	0.44	0.0		0.16	-0.03	-0.4	0.06	0.12	-0.14	-0.01	-0.23
Net Tangible Assets	0.63	-0.06	0.61	0.7	0.39	-0.56	0.62	0.72	0.11	-0.37	0.77	-0.09	0.48	0.5	0.78	0.71	-0.02	0.16		0.83	-0.08	0.67	0.91	0.28	-0.64	0.07
Other Stockholder Equity	0.58	0.07	0.58	0.61	0.49	-0.54	0.63	0.81	0.13	-0.18	0.66	-0.15	0.5	0.52	0.73	0.66	0.12	-0.03	0.83		-0.02	0.66	0.84	0.24	-0.61	0.08
Deferred Long Term Liab	0.47	0.57	0.36	0.39	0.58	0.66	0.0	0.16	0.95	0.31	0.15	-0.34	0.56	0.43	0.13	0.06	0.54	-0.4	-0.08	-0.02		0.4	0.06	0.76	0.31	0.81
Long Term Investments	0.91	0.52	0.91	0.89	0.81	-0.15	0.75	0.77	0.52	0.07	0.69	-0.24	0.65	0.9	0.82	0.88	0.62	0.06	0.67	0.66	0.4		0.87	0.82	-0.17	0.69
Total Current Assets	0.79	0.26	0.81	0.86	0.57	-0.48	0.77	0.83	0.25	-0.25	0.78	-0.14	0.62	0.72	0.89	0.88	0.29	0.12	0.91	0.84	0.06	0.87		0.53	-0.49	0.36
Non Current Assets Total	0.82	0.71	0.79	0.77	0.72	0.29	0.46	0.5	0.81	0.16	0.47	-0.31	0.65	0.8	0.56	0.58	0.73	-0.14	0.28	0.24	0.76	0.82	0.53		0.14	0.96
Non Currrent Assets Other	-0.13	0.41	-0.05	-0.31	0.02	0.36	-0.21	-0.48	0.15	0.24	-0.37	0.09	0.04	0.01	-0.49	-0.29	0.41	-0.01	-0.64	-0.61	0.31	-0.17	-0.49	0.14		0.24
Good Will	0.69	0.75	0.66	0.66	0.64	0.45	0.33	0.38	0.83	0.25	0.3	-0.32	0.58	0.69	0.43	0.44	0.73	-0.23	0.07	0.08	0.81	0.69	0.36	0.96	0.24

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Sunwave Communications Account Relationship Matchups

Sunwave Communications fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.7B	4.4B	4.6B	4.4B	5.0B	2.6B
Other Current Liab	601.1M	450.3M	506.8M	60.5M	69.6M	66.1M
Total Current Liabilities	1.7B	1.9B	2.0B	1.7B	1.9B	1.0B
Total Stockholder Equity	2.5B	2.3B	2.4B	2.4B	2.7B	2.9B
Other Liab	51.6M	43.1M	40.8M	38.7M	44.6M	28.7M
Retained Earnings	549.4M	(154.8M)	(15.2M)	(31.8M)	(36.5M)	(34.7M)
Accounts Payable	831.2M	908.3M	882.2M	757.4M	871.1M	490.6M
Cash	1.0B	1.2B	1.0B	806.8M	927.8M	526.5M
Other Assets	415.0M	236.7M	131.0M	89.3M	102.7M	110.4M
Long Term Debt	321.5M	93.6M	55.2M	185.3M	213.1M	227.9M
Net Receivables	778.0M	925.3M	982.6M	890.5M	1.0B	535.8M
Inventory	295.2M	353.2M	433.1M	372.1M	427.9M	383.2M
Other Current Assets	223.7M	309.0M	270.2M	134.6M	154.8M	106.5M
Total Liab	2.1B	2.1B	2.1B	1.9B	2.2B	1.3B
Common Stock	719.2M	717.0M	818.7M	811.0M	932.6M	979.3M
Property Plant Equipment	572.4M	588.3M	762.8M	900.9M	1.0B	1.1B
Intangible Assets	100.3M	92.5M	80.2M	62.3M	71.7M	64.4M
Short Term Investments	20.2M	67.9M	182.7M	255.4M	293.7M	308.4M
Net Tangible Assets	1.3B	1.3B	1.9B	2.0B	2.3B	1.3B
Other Stockholder Equity	10.2M	6.7M	24.0M	12.5M	14.4M	9.6M
Deferred Long Term Liab	371.7M	164.7M	52.3M	9.4M	10.8M	10.3M
Total Current Assets	2.4B	2.9B	3.0B	2.6B	3.0B	2.5B
Non Current Assets Total	2.3B	1.5B	1.6B	1.8B	1.6B	1.5B
Non Currrent Assets Other	2.5B	8.5M	3.3M	30.6M	27.5M	26.2M
Non Current Liabilities Total	370.5M	156.8M	125.3M	241.9M	217.7M	282.5M
Short Long Term Debt	65.2M	205.2M	424.3M	327.3M	376.5M	270.7M
Non Current Liabilities Other	5.8M	7.2M	12.7M	6.0M	6.9M	8.7M
Common Stock Shares Outstanding	719.2M	717.0M	818.7M	811.0M	932.6M	826.4M
Net Invested Capital	2.9B	2.6B	2.9B	2.9B	3.3B	3.1B
Net Working Capital	673.0M	983.7M	985.6M	928.8M	1.1B	699.1M
Capital Stock	719.2M	717.0M	818.7M	811.0M	932.6M	812.2M
Property Plant And Equipment Net	588.3M	762.8M	900.9M	1.0B	1.2B	847.5M
Property Plant And Equipment Gross	841.9M	1.1B	900.9M	1.4B	1.6B	1.1B

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Other Information on Investing in Sunwave Stock

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

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Sunwave Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

Sunwave Communications fundamental ratios Correlations

Sunwave Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sunwave Communications fundamental ratios Accounts

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Other Information on Investing in Sunwave Stock

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Total Current Liabilities	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Assets
Total Liab	+ 0.96	Total Current Liabilities
Good Will	+ 0.96	Non Current Assets Total
Deferred Long Term Liab	+ 0.95	Other Assets
Common Stock	+ 0.94	Total Stockholder Equity

Non Currrent Assets Other	- 0.64	Net Tangible Assets
Non Currrent Assets Other	- 0.61	Other Stockholder Equity
Net Tangible Assets	- 0.56	Retained Earnings
Other Stockholder Equity	- 0.54	Retained Earnings
Non Currrent Assets Other	- 0.49	Total Current Assets
Non Currrent Assets Other	- 0.49	Common Stock