20MICRONS Income Before Tax vs Interest Expense Analysis

20MICRONS

254.51 1.51 0.59%

20 Microns financial indicator trend analysis is way more than just evaluating 20 Microns Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 20 Microns Limited is a good investment. Please check the relationship between 20 Microns Income Before Tax and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 20 Microns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 20 Microns Limited Income Before Tax account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between 20 Microns' Income Before Tax and Interest Expense is -0.12. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Expense in the same time period over historical financial statements of 20 Microns Limited, assuming nothing else is changed. The correlation between historical values of 20 Microns' Income Before Tax and Interest Expense 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 20 Microns Limited are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Income Before Tax i.e., 20 Microns' Income Before Tax and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on 20 Microns income statement and is an important metric when analyzing 20 Microns Limited 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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Most indicators from 20 Microns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 20 Microns Limited 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 20 Microns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

As of the 14th of December 2024, Selling General Administrative is likely to drop to about 80.9 M. In addition to that, Tax Provision is likely to drop to about 120 M

	2021	2022	2023	2024 (projected)
Interest Expense	132.7M	177.6M	164.6M	172.7M
Depreciation And Amortization	136.7M	138.0M	143.5M	102.7M

Interest Expense Depreciation And Amortization

20 Microns fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Intangible Assets	Current Deferred Revenue	Retained Earnings	Good Will	Short Term Investments
Total Assets		0.34	-0.18	0.85	0.75	0.96	0.15	0.4	0.97	0.2	0.41	0.95	0.68	-0.26	0.96	0.19	0.01	0.66	0.98	0.74	0.74	0.05	0.1	0.7	0.56	-0.04
Short Long Term Debt Total	0.34		-0.49	0.6	0.02	0.47	0.95	0.14	0.42	-0.11	0.1	0.23	0.64	0.69	0.32	-0.14	0.13	0.78	0.27	0.25	0.24	-0.16	0.2	-0.1	0.3	-0.37
Other Current Liab	-0.18	-0.49		-0.05	-0.18	-0.28	-0.5	0.0	-0.24	0.23	-0.01	-0.1	-0.8	-0.04	-0.17	-0.1	0.02	-0.06	-0.13	0.39	-0.4	0.1	-0.17	-0.16	-0.36	0.13
Total Current Liabilities	0.85	0.6	-0.05		0.43	0.87	0.49	0.2	0.86	0.23	0.18	0.74	0.51	0.17	0.86	-0.01	0.03	0.94	0.8	0.76	0.66	0.12	0.13	0.33	0.44	-0.17
Total Stockholder Equity	0.75	0.02	-0.18	0.43		0.67	-0.15	0.74	0.68	0.12	0.76	0.77	0.56	-0.59	0.7	0.25	-0.02	0.23	0.78	0.54	0.63	0.05	-0.05	0.99	0.49	0.03
Property Plant And Equipment Net	0.96	0.47	-0.28	0.87	0.67		0.33	0.29	0.99	0.13	0.29	0.89	0.73	-0.1	0.91	0.12	-0.09	0.73	0.9	0.69	0.74	0.04	0.1	0.6	0.56	-0.03
Net Debt	0.15	0.95	-0.5	0.49	-0.15	0.33		-0.1	0.28	-0.12	-0.14	0.02	0.51	0.77	0.17	-0.16	0.07	0.71	0.06	0.06	0.22	-0.06	0.24	-0.27	0.2	-0.33
Cash	0.4	0.14	0.0	0.2	0.74	0.29	-0.1		0.28	0.0	1.0	0.46	0.33	-0.28	0.3	0.05	0.11	0.16	0.47	0.49	0.14	-0.21	-0.18	0.72	0.34	-0.15
Non Current Assets Total	0.97	0.42	-0.24	0.86	0.68	0.99	0.28	0.28		0.26	0.29	0.89	0.69	-0.14	0.91	0.22	-0.07	0.71	0.91	0.7	0.74	0.0	0.13	0.62	0.55	0.01
Non Currrent Assets Other	0.2	-0.11	0.23	0.23	0.12	0.13	-0.12	0.0	0.26		0.01	0.14	-0.12	-0.16	0.14	0.56	0.22	0.14	0.14	0.15	0.17	0.0	-0.13	0.15	0.0	0.37
Cash And Short Term Investments	0.41	0.1	-0.01	0.18	0.76	0.29	-0.14	1.0	0.29	0.01		0.48	0.34	-0.34	0.3	0.09	0.1	0.12	0.48	0.48	0.15	-0.2	-0.19	0.75	0.32	-0.12
Net Receivables	0.95	0.23	-0.1	0.74	0.77	0.89	0.02	0.46	0.89	0.14	0.48		0.61	-0.35	0.88	0.27	-0.04	0.54	0.95	0.75	0.6	-0.01	-0.03	0.72	0.38	0.08
Common Stock Shares Outstanding	0.68	0.64	-0.8	0.51	0.56	0.73	0.51	0.33	0.69	-0.12	0.34	0.61		-0.03	0.61	0.21	0.11	0.46	0.64	0.21	0.63	-0.13	0.21	0.5	0.56	-0.18
Non Current Liabilities Total	-0.26	0.69	-0.04	0.17	-0.59	-0.1	0.77	-0.28	-0.14	-0.16	-0.34	-0.35	-0.03		-0.24	-0.28	0.01	0.48	-0.33	-0.01	-0.26	-0.14	0.17	-0.68	-0.02	-0.29
Inventory	0.96	0.32	-0.17	0.86	0.7	0.91	0.17	0.3	0.91	0.14	0.3	0.88	0.61	-0.24		0.1	0.0	0.68	0.96	0.67	0.83	0.23	0.12	0.64	0.55	-0.08
Other Current Assets	0.19	-0.14	-0.1	-0.01	0.25	0.12	-0.16	0.05	0.22	0.56	0.09	0.27	0.21	-0.28	0.1		0.4	-0.11	0.15	0.07	0.2	-0.22	-0.15	0.29	0.02	0.59
Other Stockholder Equity	0.01	0.13	0.02	0.03	-0.02	-0.09	0.07	0.11	-0.07	0.22	0.1	-0.04	0.11	0.01	0.0	0.4		0.03	0.06	0.0	0.0	0.12	-0.09	-0.02	-0.18	0.1
Total Liab	0.66	0.78	-0.06	0.94	0.23	0.73	0.71	0.16	0.71	0.14	0.12	0.54	0.46	0.48	0.68	-0.11	0.03		0.59	0.68	0.5	0.06	0.16	0.11	0.41	-0.26
Total Current Assets	0.98	0.27	-0.13	0.8	0.78	0.9	0.06	0.47	0.91	0.14	0.48	0.95	0.64	-0.33	0.96	0.15	0.06	0.59		0.74	0.72	0.09	0.07	0.72	0.54	-0.08
Common Stock	0.74	0.25	0.39	0.76	0.54	0.69	0.06	0.49	0.7	0.15	0.48	0.75	0.21	-0.01	0.67	0.07	0.0	0.68	0.74		0.33	-0.09	0.08	0.47	0.32	-0.12
Accounts Payable	0.74	0.24	-0.4	0.66	0.63	0.74	0.22	0.14	0.74	0.17	0.15	0.6	0.63	-0.26	0.83	0.2	0.0	0.5	0.72	0.33		0.31	0.12	0.59	0.72	-0.01
Intangible Assets	0.05	-0.16	0.1	0.12	0.05	0.04	-0.06	-0.21	0.0	0.0	-0.2	-0.01	-0.13	-0.14	0.23	-0.22	0.12	0.06	0.09	-0.09	0.31		-0.06	0.05	-0.14	-0.07
Current Deferred Revenue	0.1	0.2	-0.17	0.13	-0.05	0.1	0.24	-0.18	0.13	-0.13	-0.19	-0.03	0.21	0.17	0.12	-0.15	-0.09	0.16	0.07	0.08	0.12	-0.06		-0.08	0.23	-0.77
Retained Earnings	0.7	-0.1	-0.16	0.33	0.99	0.6	-0.27	0.72	0.62	0.15	0.75	0.72	0.5	-0.68	0.64	0.29	-0.02	0.11	0.72	0.47	0.59	0.05	-0.08		0.45	0.09
Good Will	0.56	0.3	-0.36	0.44	0.49	0.56	0.2	0.34	0.55	0.0	0.32	0.38	0.56	-0.02	0.55	0.02	-0.18	0.41	0.54	0.32	0.72	-0.14	0.23	0.45		-0.23
Short Term Investments	-0.04	-0.37	0.13	-0.17	0.03	-0.03	-0.33	-0.15	0.01	0.37	-0.12	0.08	-0.18	-0.29	-0.08	0.59	0.1	-0.26	-0.08	-0.12	-0.01	-0.07	-0.77	0.09	-0.23

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20 Microns Account Relationship Matchups

20 Microns fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4B	4.5B	5.2B	4.6B	5.9B	3.6B
Short Long Term Debt Total	1.2B	1.0B	1.2B	829.1M	1.2B	1.2B
Other Current Liab	124.5M	139.8M	109.1M	135.2M	201.0M	156.2M
Total Current Liabilities	1.8B	1.9B	2.1B	1.5B	1.9B	1.4B
Total Stockholder Equity	1.9B	2.1B	2.5B	2.7B	3.5B	3.7B
Property Plant And Equipment Net	2.1B	2.0B	2.1B	2.0B	2.3B	1.6B
Net Debt	1.2B	983.8M	1.1B	700.9M	731.1M	1.1B
Cash	61.1M	40.6M	127.3M	128.2M	487.5M	511.8M
Non Current Assets Total	2.3B	2.2B	2.4B	2.5B	2.6B	1.8B
Non Currrent Assets Other	137.3M	108.2M	194.4M	386.7M	77.9M	116.2M
Cash And Short Term Investments	61.3M	43.8M	135.4M	175.3M	603.0M	633.2M
Net Receivables	821.0M	901.2M	1.0B	974.7M	1.3B	748.0M
Liabilities And Stockholders Equity	4.4B	4.5B	5.2B	4.6B	5.9B	3.6B
Non Current Liabilities Total	739.9M	499.2M	574.3M	436.1M	461.6M	591.4M
Inventory	977.2M	1.0B	1.3B	837.2M	1.1B	711.1M
Other Current Assets	232.8M	107.0M	177.1M	1.4B	241.4M	262.2M
Other Stockholder Equity	396.7M	396.5M	395.1M	395.0M	539.3M	276.9M
Total Liab	2.6B	2.4B	2.6B	1.9B	2.4B	2.2B
Total Current Assets	2.2B	2.3B	2.7B	2.1B	3.3B	1.7B
Accumulated Other Comprehensive Income	(1.1B)	54.5M	79.6M	84.4M	144.3M	151.5M
Accounts Payable	879.7M	937.7M	987.1M	787.9M	620.3M	712.6M
Intangible Assets	62.6M	36.5M	41.7M	9.5M	15.0M	27.2M
Current Deferred Revenue	129.5M	158.4M	95.3M	98.6M	17.0M	16.1M
Retained Earnings	1.3B	1.5B	1.9B	2.3B	2.8B	3.0B
Short Term Investments	210K	3.1M	8.1M	47.0M	315K	299.3K
Short Term Debt	816.3M	794.0M	934.3M	850.2M	1.1B	701.9M
Other Liab	290.5M	312.2M	250.4M	279.0M	320.8M	247.8M
Net Tangible Assets	1.7B	1.9B	2.1B	2.5B	2.9B	1.6B
Other Assets	148.3M	144.6M	115.2M	207.1M	238.2M	159.1M
Long Term Debt	389.2M	236.8M	284.9M	179.7M	124.1M	117.9M
Short Long Term Debt	802.5M	622.3M	916.7M	629.8M	1.0B	841.4M
Property Plant Equipment	2.0B	2.1B	2.0B	2.1B	2.4B	2.1B
Long Term Debt Total	456.6M	427.7M	248.9M	295.3M	265.7M	384.4M
Net Invested Capital	3.1B	3.0B	3.7B	3.5B	4.7B	3.7B

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Other Information on Investing in 20MICRONS Stock

Balance Sheet is a snapshot of the financial position of 20 Microns Limited at a specified time, usually calculated after every quarter, six months, or one year. 20 Microns Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 20 Microns 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 20MICRONS currently owns. An asset can also be divided into two categories, current and non-current.

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20MICRONS Income Before Tax vs Interest Expense Analysis

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Expense

20 Microns fundamental ratios Correlations

20 Microns Account Relationship Matchups

High Positive Relationship

High Negative Relationship

20 Microns fundamental ratios Accounts

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Other Information on Investing in 20MICRONS Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Total Assets
Non Current Assets Total	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.96	Total Assets

Common Stock Shares Outstanding	- 0.8	Other Current Liab
Short Term Investments	- 0.77	Current Deferred Revenue
Retained Earnings	- 0.68	Non Current Liabilities Total
Non Current Liabilities Total	- 0.59	Total Stockholder Equity
Net Debt	- 0.5	Other Current Liab
Other Current Liab	- 0.49	Short Long Term Debt Total