Ciwen Income Before Tax vs Net Income Analysis

002343 Stock

5.90 0.02 0.34%

Ciwen Media financial indicator trend analysis is way more than just evaluating Ciwen Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ciwen Media is a good investment. Please check the relationship between Ciwen Media 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 Ciwen Media 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 nation.

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

The correlation between Ciwen Media's Income Before Tax and Net Income is 1.0. 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 Ciwen Media Co, assuming nothing else is changed. The correlation between historical values of Ciwen Media's 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 Ciwen Media 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., Ciwen Media's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Income Before Tax

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

Most indicators from Ciwen Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ciwen Media 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 Ciwen Media 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 nation.

The current year's Tax Provision is expected to grow to about 12.9 M, whereas Selling General Administrative is forecasted to decline to about 9.8 M.

Ciwen Media 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	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Current Liabilities Total	Long Term Investments
Total Assets		0.85	0.92	0.84	0.36	0.69	0.69	0.87	0.12	0.74	0.91	0.64	-0.03	0.91	0.2	0.24	-0.37	0.81	-0.46	0.44	-0.38	0.88	0.85	0.18	0.05	0.27
Other Current Liab	0.85		0.95	0.55	0.37	0.47	0.51	0.76	0.14	0.72	0.74	0.8	-0.22	0.94	0.13	0.37	-0.49	0.74	-0.54	0.38	-0.22	0.78	0.79	0.02	-0.02	0.22
Total Current Liabilities	0.92	0.95		0.64	0.33	0.58	0.69	0.78	0.1	0.73	0.89	0.77	-0.13	0.97	0.19	0.33	-0.47	0.75	-0.51	0.45	-0.38	0.91	0.89	0.06	0.0	0.23
Total Stockholder Equity	0.84	0.55	0.64		0.02	0.59	0.62	0.85	0.17	0.47	0.75	0.45	0.13	0.58	0.07	0.25	-0.16	0.52	-0.32	0.54	-0.29	0.72	0.73	0.11	-0.08	0.42
Other Liab	0.36	0.37	0.33	0.02		0.43	0.03	0.11	-0.2	0.36	0.37	0.08	-0.17	0.54	0.34	0.02	-0.22	0.78	-0.23	-0.31	-0.25	0.12	0.14	0.38	0.4	-0.34
Retained Earnings	0.69	0.47	0.58	0.59	0.43		0.71	0.69	-0.53	0.65	0.67	-0.02	0.21	0.64	0.52	-0.41	0.27	0.73	0.24	-0.23	-0.76	0.58	0.76	0.8	0.7	-0.37
Accounts Payable	0.69	0.51	0.69	0.62	0.03	0.71		0.59	-0.28	0.62	0.76	0.28	0.39	0.62	0.36	-0.08	0.13	0.43	0.02	0.17	-0.71	0.8	0.82	0.31	0.28	-0.11
Cash	0.87	0.76	0.78	0.85	0.11	0.69	0.59		0.04	0.66	0.74	0.47	-0.01	0.74	0.05	0.11	-0.17	0.65	-0.23	0.36	-0.35	0.79	0.85	0.28	0.13	0.24
Other Assets	0.12	0.14	0.1	0.17	-0.2	-0.53	-0.28	0.04		0.0	0.03	0.52	-0.4	0.03	-0.42	0.77	-0.76	-0.04	-0.79	0.76	0.78	0.14	-0.21	-0.74	-0.86	0.86
Long Term Debt	0.74	0.72	0.73	0.47	0.36	0.65	0.62	0.66	0.0		0.63	0.35	-0.02	0.79	0.29	0.04	-0.2	0.76	-0.24	0.05	-0.32	0.78	0.62	0.37	0.3	-0.08
Net Receivables	0.91	0.74	0.89	0.75	0.37	0.67	0.76	0.74	0.03	0.63		0.6	-0.02	0.88	0.23	0.29	-0.38	0.73	-0.44	0.44	-0.53	0.91	0.86	0.12	0.04	0.18
Inventory	0.64	0.8	0.77	0.45	0.08	-0.02	0.28	0.47	0.52	0.35	0.6		-0.32	0.68	-0.19	0.74	-0.78	0.38	-0.83	0.77	0.12	0.65	0.53	-0.55	-0.57	0.62
Other Current Assets	-0.03	-0.22	-0.13	0.13	-0.17	0.21	0.39	-0.01	-0.4	-0.02	-0.02	-0.32		-0.16	-0.23	-0.35	0.6	-0.15	0.43	-0.25	-0.35	-0.03	0.07	0.29	0.31	-0.3
Total Liab	0.91	0.94	0.97	0.58	0.54	0.64	0.62	0.74	0.03	0.79	0.88	0.68	-0.16		0.26	0.27	-0.46	0.87	-0.49	0.3	-0.4	0.85	0.82	0.18	0.12	0.1
Intangible Assets	0.2	0.13	0.19	0.07	0.34	0.52	0.36	0.05	-0.42	0.29	0.23	-0.19	-0.23	0.26		-0.38	0.29	0.35	0.28	-0.37	-0.42	0.13	0.26	0.54	0.54	-0.41
Common Stock	0.24	0.37	0.33	0.25	0.02	-0.41	-0.08	0.11	0.77	0.04	0.29	0.74	-0.35	0.27	-0.38		-0.81	0.1	-0.9	0.78	0.44	0.3	0.03	-0.8	-0.82	0.73
Property Plant Equipment	-0.37	-0.49	-0.47	-0.16	-0.22	0.27	0.13	-0.17	-0.76	-0.2	-0.38	-0.78	0.6	-0.46	0.29	-0.81		-0.33	0.95	-0.73	-0.4	-0.39	-0.1	0.64	0.71	-0.69
Good Will	0.81	0.74	0.75	0.52	0.78	0.73	0.43	0.65	-0.04	0.76	0.73	0.38	-0.15	0.87	0.35	0.1	-0.33		-0.37	0.04	-0.34	0.62	0.61	0.43	0.33	-0.05
Short Term Investments	-0.46	-0.54	-0.51	-0.32	-0.23	0.24	0.02	-0.23	-0.79	-0.24	-0.44	-0.83	0.43	-0.49	0.28	-0.9	0.95	-0.37		-0.78	-0.4	-0.44	-0.14	0.67	0.74	-0.72
Net Tangible Assets	0.44	0.38	0.45	0.54	-0.31	-0.23	0.17	0.36	0.76	0.05	0.44	0.77	-0.25	0.3	-0.37	0.78	-0.73	0.04	-0.78		0.3	0.51	0.29	-0.71	-0.84	0.91
Other Stockholder Equity	-0.38	-0.22	-0.38	-0.29	-0.25	-0.76	-0.71	-0.35	0.78	-0.32	-0.53	0.12	-0.35	-0.4	-0.42	0.44	-0.4	-0.34	-0.4	0.3		-0.43	-0.63	-0.6	-0.65	0.55
Deferred Long Term Liab	0.88	0.78	0.91	0.72	0.12	0.58	0.8	0.79	0.14	0.78	0.91	0.65	-0.03	0.85	0.13	0.3	-0.39	0.62	-0.44	0.51	-0.43		0.86	0.04	-0.05	0.25
Total Current Assets	0.85	0.79	0.89	0.73	0.14	0.76	0.82	0.85	-0.21	0.62	0.86	0.53	0.07	0.82	0.26	0.03	-0.1	0.61	-0.14	0.29	-0.63	0.86		0.29	0.23	0.04
Non Current Assets Total	0.18	0.02	0.06	0.11	0.38	0.8	0.31	0.28	-0.74	0.37	0.12	-0.55	0.29	0.18	0.54	-0.8	0.64	0.43	0.67	-0.71	-0.6	0.04	0.29		0.95	-0.69
Non Current Liabilities Total	0.05	-0.02	0.0	-0.08	0.4	0.7	0.28	0.13	-0.86	0.3	0.04	-0.57	0.31	0.12	0.54	-0.82	0.71	0.33	0.74	-0.84	-0.65	-0.05	0.23	0.95		-0.85
Long Term Investments	0.27	0.22	0.23	0.42	-0.34	-0.37	-0.11	0.24	0.86	-0.08	0.18	0.62	-0.3	0.1	-0.41	0.73	-0.69	-0.05	-0.72	0.91	0.55	0.25	0.04	-0.69	-0.85

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Ciwen Media Account Relationship Matchups

Ciwen Media fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.5B	1.8B	1.6B	1.3B	1.5B	2.3B
Other Current Liab	638.5M	494.2M	360.7M	28.2M	32.5M	30.9M
Total Current Liabilities	1.2B	795.2M	648.7M	266.3M	306.2M	290.9M
Total Stockholder Equity	1.1B	892.7M	939.3M	966.9M	1.1B	1.2B
Other Liab	2.0M	1.8M	11.6M	3.5M	3.2M	3.0M
Retained Earnings	(333.6M)	(567.6M)	(518.4M)	(529.6M)	(476.6M)	(452.8M)
Accounts Payable	228.5M	99.3M	177.9M	107.4M	123.5M	117.3M
Cash	383.0M	240.8M	369.7M	177.0M	203.6M	193.4M
Other Assets	62.2M	35.5M	99.0M	97.9M	112.5M	118.2M
Net Receivables	532.2M	234.7M	171.5M	200.6M	230.7M	219.1M
Inventory	1.2B	1.0B	797.5M	497.9M	572.6M	606.4M
Other Current Assets	72.3M	4.1M	7.7M	36.9M	33.2M	49.4M
Total Liab	1.3B	840.3M	652.2M	269.9M	310.4M	294.9M
Intangible Assets	9.8M	5.6M	92.2K	34.0K	30.6K	29.1K
Property Plant Equipment	30.3M	27.9M	26.3M	23.9M	21.5M	20.4M
Net Tangible Assets	1.5B	1.1B	892.7M	939.3M	1.1B	1.1B
Other Stockholder Equity	(1.0M)	(424.3K)	6.8M	4.1M	4.7M	5.0M
Deferred Long Term Liab	4.2M	2.2M	279.1K	102.7K	92.5K	87.8K
Total Current Assets	2.4B	1.6B	1.5B	937.1M	843.3M	801.2M
Non Current Assets Total	87.8M	154.2M	144.5M	330.6M	297.6M	344.7M
Non Current Liabilities Total	74.4M	45.1M	3.5M	3.6M	3.2M	3.1M
Short Long Term Debt	349.1M	169.2M	60M	35.6M	32.0M	30.4M
Net Invested Capital	1.5B	1.1B	999.3M	1.0B	902.3M	1.4B
Net Working Capital	1.1B	809.4M	829.4M	670.8M	603.7M	951.9M
Property Plant And Equipment Net	27.9M	26.3M	23.9M	1.5M	1.4M	1.3M
Property Plant And Equipment Gross	50.9M	51.8M	23.9M	6.8M	6.1M	5.8M

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Other Information on Investing in Ciwen Stock

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

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Ciwen 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

Ciwen Media fundamental ratios Correlations

Ciwen Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ciwen Media fundamental ratios Accounts

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Other Information on Investing in Ciwen Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.97	Total Current Liabilities
Total Current Liabilities	+ 0.95	Other Current Liab
Short Term Investments	+ 0.95	Property Plant Equipment
Non Current Liabilities Total	+ 0.95	Non Current Assets Total
Total Liab	+ 0.94	Other Current Liab
Total Current Liabilities	+ 0.92	Total Assets

Short Term Investments	- 0.9	Common Stock
Non Current Liabilities Total	- 0.86	Other Assets
Long Term Investments	- 0.85	Non Current Liabilities Total
Non Current Liabilities Total	- 0.84	Net Tangible Assets
Short Term Investments	- 0.83	Inventory
Non Current Liabilities Total	- 0.82	Common Stock