Lecron Net Income From Continuing Ops vs Income Before Tax Analysis

300343 Stock   5.27  0.03  0.57%   
Lecron Energy financial indicator trend analysis is infinitely more than just investigating Lecron Energy Saving recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lecron Energy Saving is a good investment. Please check the relationship between Lecron Energy Net Income From Continuing Ops and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lecron Energy Saving. 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.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lecron Energy Saving Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Lecron Energy's Net Income From Continuing Ops and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Lecron Energy Saving, assuming nothing else is changed. The correlation between historical values of Lecron Energy's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Lecron Energy Saving 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 Net Income From Continuing Ops i.e., Lecron Energy's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Lecron Energy income statement and is an important metric when analyzing Lecron Energy Saving 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 Lecron Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lecron Energy Saving 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 Lecron Energy Saving. 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.
At present, Lecron Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 40.1 M, whereas Discontinued Operations is forecasted to decline to (69 M).
 2022 2023 2024 2025 (projected)
Gross Profit1.2B165.3M190.0M180.5M
Interest Income4.0M14.1M16.2M17.0M

Lecron Energy fundamental ratios Correlations

0.250.880.940.23-0.28-0.110.880.390.930.090.290.810.150.040.230.350.820.770.920.490.230.180.390.730.45
0.250.230.210.78-0.79-0.450.210.910.060.590.97-0.170.96-0.120.590.70.580.170.410.680.860.680.47-0.210.52
0.880.230.680.26-0.06-0.360.980.30.690.060.210.890.090.330.250.420.780.960.940.550.150.240.530.870.54
0.940.210.680.1-0.370.140.70.340.960.030.260.680.13-0.250.10.210.70.510.770.30.190.030.160.580.25
0.230.780.260.1-0.44-0.720.180.770.070.610.82-0.150.810.30.760.640.640.330.370.830.890.980.73-0.130.74
-0.28-0.79-0.06-0.37-0.440.17-0.1-0.86-0.17-0.64-0.830.18-0.740.35-0.55-0.53-0.450.04-0.36-0.48-0.69-0.36-0.210.3-0.3
-0.11-0.45-0.360.14-0.720.17-0.28-0.510.16-0.52-0.51-0.05-0.48-0.7-0.71-0.66-0.56-0.52-0.4-0.86-0.52-0.74-0.75-0.06-0.71
0.880.210.980.70.18-0.1-0.280.270.69-0.020.190.910.070.290.170.440.750.930.940.50.110.140.410.840.42
0.390.910.30.340.77-0.86-0.510.270.210.750.97-0.060.870.00.740.710.680.270.530.790.830.710.63-0.150.69
0.930.060.690.960.07-0.170.160.690.21-0.080.120.720.0-0.120.020.10.660.560.70.250.110.030.170.670.23
0.090.590.060.030.61-0.64-0.52-0.020.75-0.080.66-0.240.510.090.90.310.320.080.260.570.680.630.65-0.290.69
0.290.970.210.260.82-0.83-0.510.190.970.120.66-0.180.96-0.050.670.740.650.180.430.770.870.730.56-0.240.61
0.81-0.170.890.68-0.150.18-0.050.91-0.060.72-0.24-0.18-0.30.24-0.10.130.550.840.780.21-0.23-0.150.20.940.21
0.150.960.090.130.81-0.74-0.480.070.870.00.510.96-0.3-0.110.540.720.550.060.290.680.860.710.42-0.330.47
0.04-0.120.33-0.250.30.35-0.70.290.0-0.120.09-0.050.24-0.110.320.260.210.580.220.47-0.010.390.580.240.46
0.230.590.250.10.76-0.55-0.710.170.740.020.90.67-0.10.540.320.470.490.310.420.750.770.790.75-0.130.77
0.350.70.420.210.64-0.53-0.660.440.710.10.310.740.130.720.260.470.690.450.570.810.540.580.480.050.49
0.820.580.780.70.64-0.45-0.560.750.680.660.320.650.550.550.210.490.690.740.870.860.570.580.60.490.65
0.770.170.960.510.330.04-0.520.930.270.560.080.180.840.060.580.310.450.740.870.620.130.330.630.820.61
0.920.410.940.770.37-0.36-0.40.940.530.70.260.430.780.290.220.420.570.870.870.660.320.320.570.690.61
0.490.680.550.30.83-0.48-0.860.50.790.250.570.770.210.680.470.750.810.860.620.660.720.80.770.160.78
0.230.860.150.190.89-0.69-0.520.110.830.110.680.87-0.230.86-0.010.770.540.570.130.320.720.830.48-0.250.52
0.180.680.240.030.98-0.36-0.740.140.710.030.630.73-0.150.710.390.790.580.580.330.320.80.830.75-0.130.74
0.390.470.530.160.73-0.21-0.750.410.630.170.650.560.20.420.580.750.480.60.630.570.770.480.750.20.99
0.73-0.210.870.58-0.130.3-0.060.84-0.150.67-0.29-0.240.94-0.330.24-0.130.050.490.820.690.16-0.25-0.130.20.2
0.450.520.540.250.74-0.3-0.710.420.690.230.690.610.210.470.460.770.490.650.610.610.780.520.740.990.2
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Lecron Energy Account Relationship Matchups

Lecron Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2B1.9B2.9B3.1B3.5B2.3B
Other Current Liab1.8M9.9M89.4M108.0M124.2M130.5M
Total Current Liabilities863.2M511.6M878.9M842.7M969.2M734.1M
Total Stockholder Equity718.1M997.0M1.8B2.0B2.3B1.4B
Property Plant And Equipment Net500.6M556.4M573.5M680.9M783.1M822.2M
Net Debt100.5M(77.5M)(460.1M)(402.4M)(362.2M)(344.0M)
Retained Earnings(3.0B)(2.7B)(1.9B)(2.1B)(1.9B)(1.8B)
Accounts Payable293.3M241.1M384.2M445.1M511.9M378.1M
Cash310.4M215.0M842.6M660.8M759.9M797.9M
Non Current Assets Total890.8M940.0M1.0B1.2B1.3B1.1B
Non Currrent Assets Other65.8M82.4M280.9M101.9M117.2M64.4M
Cash And Short Term Investments373.8M295.7M1.1B1.2B1.4B1.5B
Net Receivables756.2M462.5M554.9M299.0M343.8M326.6M
Short Term Investments63.4M80.7M262.0M545.3M627.1M658.5M
Liabilities And Stockholders Equity2.2B1.9B2.9B3.1B3.5B2.3B
Non Current Liabilities Total498.1M285.2M74.9M46.3M53.2M50.5M
Inventory101.2M161.1M227.2M140.7M161.8M84.4M
Other Current Assets51.7M37.5M34.5M85.1M97.8M102.7M
Other Stockholder Equity2.5B2.5B2.4B3.0B3.4B3.6B
Total Liab1.4B796.8M953.7M889.0M1.0B857.3M
Total Current Assets1.3B956.7M1.9B1.9B2.2B1.2B
Common Stock1.2B1.2B1.1B1.1B1.3B1.4B
Property Plant Equipment175.6M476.7M500.6M556.4M639.8M671.8M
Short Long Term Debt Total410.9M137.6M382.6M258.4M297.2M200.7M
Current Deferred Revenue229.7M142.3M63.1M53.7M61.7M58.6M
Short Term Debt338.4M118.3M342.2M235.9M271.3M175.6M
Other Liab567.2M425.7M265.9M34.5M39.7M37.7M
Intangible Assets190.8M179.4M224.2M210.3M241.9M130.4M
Long Term Debt72.4M14.0M38.2M19.8M17.8M16.9M
Net Tangible Assets1.1B513.8M393.4M686.7M618.0M663.5M
Deferred Long Term Liab4.5M2.1M4.5M1.2M1.1M1.0M
Short Long Term Debt338.4M113.2M305.9M224.3M257.9M225.4M
Common Stock Shares Outstanding1.2B1.2B1.1B1.1B1.3B1.3B
Net Invested Capital1.1B1.1B2.1B2.2B2.0B1.7B
Net Working Capital419.7M445.2M1.0B1.1B1.2B844.8M
Capital Stock1.2B1.2B1.1B1.1B1.3B1.2B
Property Plant And Equipment Gross924.2M1.0B573.5M1.1B1.3B996.8M
Accumulated Other Comprehensive Income(27.4M)23.0M142.7M(23.3M)(26.8M)(25.5M)

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Other Information on Investing in Lecron Stock

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