0ROZ Income Before Tax vs Gross Profit Analysis

0ROZ Stock

4.30 0.03 0.70%

X FAB financial indicator trend analysis is more than just analyzing X FAB Silicon current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether X FAB Silicon is a good investment. Please check the relationship between X FAB Income Before Tax and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in X FAB Silicon Foundries. 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 Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of X FAB Silicon Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between X FAB's Income Before Tax and Gross Profit is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of X FAB Silicon Foundries, assuming nothing else is changed. The correlation between historical values of X FAB's Income Before Tax and Gross Profit 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 X FAB Silicon Foundries are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., X FAB's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.93

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 X FAB income statement and is an important metric when analyzing X FAB Silicon 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of X FAB Silicon Foundries minus its cost of goods sold. It is profit before X FAB operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from X FAB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into X FAB Silicon 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 X FAB Silicon Foundries. 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.

Tax Provision is likely to gain to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.6M	19.2M	13.1M	8.9M
Depreciation And Amortization	76.1M	77.5M	87.9M	71.5M

Interest Expense Depreciation And Amortization

X FAB fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.83	0.64	0.78	0.96	0.96	0.97	-0.84	0.9	0.91	0.96	0.97	0.62	0.76	0.96	0.91	0.46	-0.14	-0.07	0.98	0.87	0.84	0.79	0.99	0.31	-0.74
Short Long Term Debt Total	0.83		0.53	0.72	0.71	0.81	0.89	-0.54	0.75	0.81	0.8	0.81	0.52	0.76	0.8	0.78	0.32	0.01	0.18	0.79	0.73	0.54	0.77	0.82	0.63	-0.55
Other Current Liab	0.64	0.53		0.96	0.53	0.73	0.58	-0.84	0.85	0.67	0.51	0.71	0.99	0.76	0.51	0.69	0.72	0.25	-0.28	0.61	0.51	0.42	0.94	0.58	-0.03	-0.61
Total Current Liabilities	0.78	0.72	0.96		0.68	0.82	0.75	-0.87	0.94	0.77	0.68	0.81	0.95	0.84	0.68	0.76	0.75	0.19	-0.2	0.75	0.67	0.57	0.99	0.73	0.19	-0.67
Total Stockholder Equity	0.96	0.71	0.53	0.68		0.87	0.9	-0.84	0.87	0.8	0.97	0.89	0.5	0.7	0.97	0.81	0.49	-0.26	-0.08	0.96	0.88	0.95	0.68	0.98	0.27	-0.73
Property Plant And Equipment Net	0.96	0.81	0.73	0.82	0.87		0.95	-0.82	0.87	0.93	0.85	1.0	0.71	0.76	0.85	0.92	0.45	-0.06	-0.13	0.94	0.81	0.71	0.82	0.91	0.21	-0.69
Current Deferred Revenue	0.97	0.89	0.58	0.75	0.9	0.95		-0.72	0.84	0.89	0.91	0.95	0.56	0.75	0.91	0.85	0.44	-0.06	-0.06	0.97	0.89	0.76	0.76	0.95	0.43	-0.71
Net Debt	-0.84	-0.54	-0.84	-0.87	-0.84	-0.82	-0.72		-0.94	-0.74	-0.8	-0.82	-0.83	-0.73	-0.8	-0.81	-0.66	0.04	0.21	-0.79	-0.68	-0.8	-0.85	-0.82	0.07	0.74
Retained Earnings	0.9	0.75	0.85	0.94	0.87	0.87	0.84	-0.94		0.82	0.86	0.88	0.83	0.84	0.86	0.83	0.74	0.0	-0.14	0.88	0.79	0.8	0.94	0.89	0.22	-0.75
Accounts Payable	0.91	0.81	0.67	0.77	0.8	0.93	0.89	-0.74	0.82		0.81	0.93	0.66	0.67	0.81	0.95	0.39	-0.14	0.02	0.87	0.73	0.62	0.8	0.87	0.23	-0.58
Cash	0.96	0.8	0.51	0.68	0.97	0.85	0.91	-0.8	0.86	0.81		0.87	0.48	0.7	1.0	0.84	0.39	-0.19	0.02	0.92	0.85	0.9	0.7	0.99	0.37	-0.73
Non Current Assets Total	0.97	0.81	0.71	0.81	0.89	1.0	0.95	-0.82	0.88	0.93	0.87		0.7	0.76	0.87	0.91	0.46	-0.12	-0.11	0.95	0.82	0.74	0.82	0.93	0.23	-0.67
Non Currrent Assets Other	0.62	0.52	0.99	0.95	0.5	0.71	0.56	-0.83	0.83	0.66	0.48	0.7		0.73	0.48	0.69	0.7	0.22	-0.23	0.57	0.45	0.4	0.93	0.55	-0.1	-0.56
Other Assets	0.76	0.76	0.76	0.84	0.7	0.76	0.75	-0.73	0.84	0.67	0.7	0.76	0.73		0.7	0.67	0.61	0.04	-0.02	0.75	0.75	0.64	0.85	0.74	0.38	-0.69
Cash And Short Term Investments	0.96	0.8	0.51	0.68	0.97	0.85	0.91	-0.8	0.86	0.81	1.0	0.87	0.48	0.7		0.84	0.39	-0.19	0.02	0.92	0.85	0.9	0.7	0.99	0.37	-0.73
Net Receivables	0.91	0.78	0.69	0.76	0.81	0.92	0.85	-0.81	0.83	0.95	0.84	0.91	0.69	0.67	0.84		0.32	-0.11	0.11	0.83	0.64	0.64	0.8	0.88	0.09	-0.67
Common Stock Shares Outstanding	0.46	0.32	0.72	0.75	0.49	0.45	0.44	-0.66	0.74	0.39	0.39	0.46	0.7	0.61	0.39	0.32		0.06	-0.27	0.55	0.51	0.55	0.72	0.45	0.1	-0.48
Short Term Investments	-0.14	0.01	0.25	0.19	-0.26	-0.06	-0.06	0.04	0.0	-0.14	-0.19	-0.12	0.22	0.04	-0.19	-0.11	0.06		-0.55	-0.11	0.04	-0.38	0.12	-0.15	0.18	-0.36
Non Current Liabilities Total	-0.07	0.18	-0.28	-0.2	-0.08	-0.13	-0.06	0.21	-0.14	0.02	0.02	-0.11	-0.23	-0.02	0.02	0.11	-0.27	-0.55		-0.16	-0.34	-0.04	-0.06	-0.03	-0.03	0.3
Inventory	0.98	0.79	0.61	0.75	0.96	0.94	0.97	-0.79	0.88	0.87	0.92	0.95	0.57	0.75	0.92	0.83	0.55	-0.11	-0.16		0.92	0.85	0.75	0.97	0.37	-0.76
Other Current Assets	0.87	0.73	0.51	0.67	0.88	0.81	0.89	-0.68	0.79	0.73	0.85	0.82	0.45	0.75	0.85	0.64	0.51	0.04	-0.34	0.92		0.8	0.64	0.88	0.56	-0.75
Other Stockholder Equity	0.84	0.54	0.42	0.57	0.95	0.71	0.76	-0.8	0.8	0.62	0.9	0.74	0.4	0.64	0.9	0.64	0.55	-0.38	-0.04	0.85	0.8		0.58	0.88	0.19	-0.64
Total Liab	0.79	0.77	0.94	0.99	0.68	0.82	0.76	-0.85	0.94	0.8	0.7	0.82	0.93	0.85	0.7	0.8	0.72	0.12	-0.06	0.75	0.64	0.58		0.75	0.19	-0.65
Total Current Assets	0.99	0.82	0.58	0.73	0.98	0.91	0.95	-0.82	0.89	0.87	0.99	0.93	0.55	0.74	0.99	0.88	0.45	-0.15	-0.03	0.97	0.88	0.88	0.75		0.36	-0.76
Short Term Debt	0.31	0.63	-0.03	0.19	0.27	0.21	0.43	0.07	0.22	0.23	0.37	0.23	-0.1	0.38	0.37	0.09	0.1	0.18	-0.03	0.37	0.56	0.19	0.19	0.36		-0.22
Intangible Assets	-0.74	-0.55	-0.61	-0.67	-0.73	-0.69	-0.71	0.74	-0.75	-0.58	-0.73	-0.67	-0.56	-0.69	-0.73	-0.67	-0.48	-0.36	0.3	-0.76	-0.75	-0.64	-0.65	-0.76	-0.22

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X FAB Account Relationship Matchups

X FAB fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	866.4M	832.8M	986.9M	1.3B	1.7B	977.2M
Short Long Term Debt Total	119.0M	76.2M	127.0M	296.9M	261.0M	162.1M
Other Current Liab	26.4M	9.5M	99.3M	98.4M	588.8M	618.3M
Total Current Liabilities	119.8M	124.3M	197.0M	390.6M	696.6M	731.4M
Total Stockholder Equity	646.4M	659.3M	744.0M	797.0M	960.5M	664.3M
Property Plant And Equipment Net	368.8M	336.8M	340.7M	460.1M	734.5M	397.1M
Current Deferred Revenue	48.7M	54.4M	49.3M	86.3M	99.3M	50.9M
Net Debt	(54.2M)	(129.7M)	(163.2M)	(72.5M)	(401.7M)	(381.6M)
Retained Earnings	(133.8M)	(120.6M)	(36.2M)	16.5M	180.2M	189.2M
Accounts Payable	38.3M	27.9M	41.4M	53.7M	90.7M	45.9M
Cash	173.2M	205.9M	290.2M	369.4M	405.7M	241.2M
Non Current Assets Total	448.5M	380.6M	398.7M	542.1M	831.1M	462.5M
Non Currrent Assets Other	(1K)	68K	28K	7.8M	86.0M	90.3M
Other Assets	65.0M	32.9M	48.6M	72.4M	83.3M	87.5M
Cash And Short Term Investments	173.2M	205.9M	290.2M	369.4M	406.2M	241.2M
Net Receivables	55.5M	54.6M	73.7M	73.1M	147.1M	78.6M
Short Term Investments	(36.7M)	2.0M	341K	535K	543K	570.2K
Liabilities And Stockholders Equity	866.4M	832.8M	986.9M	1.3B	1.7B	977.2M
Non Current Liabilities Total	99.8M	48.8M	45.6M	67.5M	46.7M	64.1M
Inventory	154.6M	153.7M	181.0M	214.4M	269.2M	157.7M
Other Current Assets	34.4M	38.1M	43.4M	56.0M	50.1M	35.7M
Other Stockholder Equity	347.9M	347.0M	346.4M	346.8M	347.5M	351.2M
Total Liab	219.6M	173.1M	242.6M	458.1M	743.3M	780.4M
Total Current Assets	417.9M	452.2M	588.2M	713.0M	872.7M	514.8M
Accumulated Other Comprehensive Income	(445K)	(747K)	(559K)	(226K)	(301.0K)	(316.0K)
Short Term Debt	26.7M	(22.6M)	87.1M	228.0M	5.5M	5.2M
Intangible Assets	8.4M	4.7M	4.0M	6.2M	4.0M	5.4M
Long Term Debt	106.2M	72.3M	92.4M	44.4M	40.0M	71.6M
Property Plant Equipment	368.8M	336.8M	340.7M	460.1M	529.1M	382.4M
Other Liab	7.4M	4.4M	5.7M	4.0M	3.6M	5.0M
Net Tangible Assets	640.4M	655.7M	741.3M	790.8M	909.4M	767.1M

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When running X FAB's price analysis, check to measure X FAB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy X FAB is operating at the current time. Most of X FAB's value examination focuses on studying past and present price action to predict the probability of X FAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move X FAB's price. Additionally, you may evaluate how the addition of X FAB to your portfolios can decrease your overall portfolio volatility.

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0ROZ Income Before Tax vs Gross Profit Analysis

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

Correlation Coefficient

Income Before Tax

Gross Profit

X FAB fundamental ratios Correlations

X FAB Account Relationship Matchups

High Positive Relationship

High Negative Relationship

X FAB fundamental ratios Accounts

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Additional Tools for 0ROZ Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash

Retained Earnings	- 0.94	Net Debt
Net Debt	- 0.87	Total Current Liabilities
Total Liab	- 0.85	Net Debt
Net Debt	- 0.84	Total Stockholder Equity
Net Debt	- 0.84	Other Current Liab
Net Debt	- 0.84	Total Assets