Lens Income Before Tax vs Operating Income Analysis

300433 Stock

29.43 0.41 1.41%

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

Income Before Tax vs Operating Income Correlation Analysis

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

The correlation between Lens Technology's Income Before Tax and Operating Income is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Lens Technology Co, assuming nothing else is changed. The correlation between historical values of Lens Technology's Income Before Tax and Operating 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 Lens Technology Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Lens Technology's Income Before Tax and Operating Income 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 Lens Technology income statement and is an important metric when analyzing Lens Technology 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.

Operating Income

Operating Income is the amount of profit realized from Lens Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lens Technology Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Lens Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lens Technology 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 Lens Technology 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 Selling General Administrative is expected to grow to about 1.3 B. The current year's Tax Provision is expected to grow to about 270.5 M

	2022	2023	2024	2025 (projected)
Operating Income	3.6B	3.8B	4.4B	3.2B
Total Revenue	46.7B	54.5B	62.7B	65.8B

Operating Income Total Revenue

Lens Technology 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	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.34	0.93	0.91	0.91	0.97	0.99	0.93	0.87	0.88	0.98	0.51	0.9	0.16	0.98	0.93	0.91	0.92	0.98	0.27	0.81	0.88	0.46	0.97	0.88	0.97
Other Current Liab	-0.34		-0.2	-0.46	-0.44	-0.49	-0.39	-0.09	-0.54	-0.38	-0.43	0.19	-0.43	0.21	-0.26	-0.37	-0.32	-0.43	-0.33	-0.02	-0.42	-0.27	0.36	-0.21	-0.28	-0.34
Total Current Liabilities	0.93	-0.2		0.82	0.85	0.91	0.94	0.91	0.77	0.79	0.92	0.66	0.83	0.32	0.98	0.88	0.89	0.89	0.86	0.41	0.66	0.9	0.69	0.91	0.9	0.88
Total Stockholder Equity	0.91	-0.46	0.82		0.99	0.89	0.89	0.83	0.97	0.94	0.89	0.35	0.99	0.11	0.87	0.99	0.95	0.98	0.93	0.23	0.93	0.9	0.28	0.92	0.9	0.95
Other Liab	0.91	-0.44	0.85	0.99		0.89	0.89	0.86	0.94	0.92	0.88	0.38	0.99	0.15	0.89	0.99	0.92	0.96	0.92	0.23	0.93	0.88	0.32	0.94	0.87	0.94
Retained Earnings	0.97	-0.49	0.91	0.89	0.89		0.98	0.86	0.87	0.85	0.98	0.49	0.88	0.15	0.94	0.9	0.89	0.91	0.93	0.29	0.75	0.85	0.42	0.91	0.86	0.92
Accounts Payable	0.99	-0.39	0.94	0.89	0.89	0.98		0.87	0.87	0.88	0.99	0.55	0.88	0.15	0.98	0.91	0.92	0.93	0.94	0.37	0.75	0.9	0.47	0.93	0.9	0.95
Cash	0.93	-0.09	0.91	0.83	0.86	0.86	0.87		0.73	0.77	0.86	0.54	0.85	0.24	0.93	0.87	0.82	0.82	0.91	0.18	0.74	0.77	0.59	0.96	0.78	0.88
Other Assets	0.87	-0.54	0.77	0.97	0.94	0.87	0.87	0.73		0.95	0.89	0.36	0.94	0.09	0.84	0.95	0.94	0.96	0.88	0.36	0.88	0.89	0.23	0.85	0.9	0.91
Long Term Debt	0.88	-0.38	0.79	0.94	0.92	0.85	0.88	0.77	0.95		0.89	0.52	0.92	0.16	0.87	0.94	0.94	0.95	0.89	0.45	0.86	0.89	0.28	0.88	0.9	0.92
Net Receivables	0.98	-0.43	0.92	0.89	0.88	0.98	0.99	0.86	0.89	0.89		0.57	0.87	0.16	0.97	0.9	0.91	0.92	0.94	0.39	0.75	0.88	0.44	0.92	0.89	0.94
Short Term Investments	0.51	0.19	0.66	0.35	0.38	0.49	0.55	0.54	0.36	0.52	0.57		0.32	0.64	0.64	0.44	0.56	0.5	0.4	0.72	0.11	0.57	0.82	0.49	0.61	0.41
Inventory	0.9	-0.43	0.83	0.99	0.99	0.88	0.88	0.85	0.94	0.92	0.87	0.32		0.11	0.87	0.99	0.93	0.97	0.93	0.18	0.95	0.89	0.28	0.93	0.88	0.95
Other Current Assets	0.16	0.21	0.32	0.11	0.15	0.15	0.15	0.24	0.09	0.16	0.16	0.64	0.11		0.26	0.2	0.24	0.2	0.08	0.28	-0.03	0.27	0.63	0.18	0.29	0.07
Total Liab	0.98	-0.26	0.98	0.87	0.89	0.94	0.98	0.93	0.84	0.87	0.97	0.64	0.87	0.26		0.91	0.92	0.92	0.93	0.4	0.74	0.9	0.58	0.95	0.91	0.94
Intangible Assets	0.93	-0.37	0.88	0.99	0.99	0.9	0.91	0.87	0.95	0.94	0.9	0.44	0.99	0.2	0.91		0.96	0.98	0.94	0.26	0.91	0.93	0.39	0.95	0.92	0.95
Common Stock	0.91	-0.32	0.89	0.95	0.92	0.89	0.92	0.82	0.94	0.94	0.91	0.56	0.93	0.24	0.92	0.96		0.98	0.89	0.45	0.8	0.98	0.49	0.9	0.99	0.92
Property Plant Equipment	0.92	-0.43	0.89	0.98	0.96	0.91	0.93	0.82	0.96	0.95	0.92	0.5	0.97	0.2	0.92	0.98	0.98		0.91	0.39	0.86	0.96	0.4	0.91	0.96	0.94
Net Tangible Assets	0.98	-0.33	0.86	0.93	0.92	0.93	0.94	0.91	0.88	0.89	0.94	0.4	0.93	0.08	0.93	0.94	0.89	0.91		0.14	0.89	0.85	0.33	0.98	0.84	0.99
Other Stockholder Equity	0.27	-0.02	0.41	0.23	0.23	0.29	0.37	0.18	0.36	0.45	0.39	0.72	0.18	0.28	0.4	0.26	0.45	0.39	0.14		-0.01	0.47	0.49	0.2	0.51	0.23
Deferred Long Term Liab	0.81	-0.42	0.66	0.93	0.93	0.75	0.75	0.74	0.88	0.86	0.75	0.11	0.95	-0.03	0.74	0.91	0.8	0.86	0.89	-0.01		0.75	0.03	0.87	0.73	0.9
Long Term Investments	0.88	-0.27	0.9	0.9	0.88	0.85	0.9	0.77	0.89	0.89	0.88	0.57	0.89	0.27	0.9	0.93	0.98	0.96	0.85	0.47	0.75		0.53	0.86	0.99	0.9
Short Long Term Debt	0.46	0.36	0.69	0.28	0.32	0.42	0.47	0.59	0.23	0.28	0.44	0.82	0.28	0.63	0.58	0.39	0.49	0.4	0.33	0.49	0.03	0.53		0.46	0.56	0.32
Total Current Assets	0.97	-0.21	0.91	0.92	0.94	0.91	0.93	0.96	0.85	0.88	0.92	0.49	0.93	0.18	0.95	0.95	0.9	0.91	0.98	0.2	0.87	0.86	0.46		0.85	0.97
Short Term Debt	0.88	-0.28	0.9	0.9	0.87	0.86	0.9	0.78	0.9	0.9	0.89	0.61	0.88	0.29	0.91	0.92	0.99	0.96	0.84	0.51	0.73	0.99	0.56	0.85		0.89
Non Current Assets Total	0.97	-0.34	0.88	0.95	0.94	0.92	0.95	0.88	0.91	0.92	0.94	0.41	0.95	0.07	0.94	0.95	0.92	0.94	0.99	0.23	0.9	0.9	0.32	0.97	0.89

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Lens Technology Account Relationship Matchups

Lens Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	79.6B	76.6B	78.3B	77.5B	89.1B	45.0B
Other Current Liab	1.3B	246.9M	60.8M	116.4M	104.7M	99.5M
Total Current Liabilities	27.0B	20.1B	22.2B	19.1B	21.9B	15.7B
Total Stockholder Equity	42.2B	42.6B	44.2B	46.3B	53.3B	56.0B
Other Liab	802.5M	664.0M	1.8B	1.7B	1.9B	2.0B
Retained Earnings	16.4B	16.7B	16.5B	18.3B	21.1B	11.3B
Accounts Payable	9.9B	10.2B	10.1B	11.1B	12.8B	6.6B
Cash	19.3B	10.2B	11.7B	10.5B	12.1B	6.4B
Other Assets	1.8B	1.2B	2.0B	3.1B	3.6B	3.8B
Long Term Debt	6.9B	11.0B	9.1B	9.6B	11.0B	11.6B
Net Receivables	8.0B	9.7B	9.0B	9.3B	10.7B	5.9B
Inventory	6.8B	6.1B	6.7B	6.7B	7.7B	8.1B
Other Current Assets	1.0B	1.1B	424.7M	359.2M	413.0M	734.7M
Total Liab	37.3B	33.8B	34.0B	30.9B	35.6B	21.7B
Intangible Assets	5.8B	5.5B	5.2B	5.2B	6.0B	6.3B
Property Plant Equipment	24.1B	26.1B	33.0B	34.8B	40.0B	42.0B
Net Tangible Assets	19.4B	33.4B	34.2B	34.3B	39.4B	23.7B
Other Stockholder Equity	1.1B	429.1M	122.6M	212.4M	244.3M	418.0M
Deferred Long Term Liab	27.8M	20.5M	234.0M	290.0M	333.5M	350.1M
Short Long Term Debt	13.4B	4.4B	2.8B	1.4B	1.6B	1.5B
Total Current Assets	35.4B	29.2B	28.6B	28.1B	32.3B	22.4B
Non Current Assets Total	44.2B	47.4B	49.7B	49.4B	56.8B	39.4B
Non Currrent Assets Other	571.0M	884.6M	783.3M	688.0M	619.2M	664.4M
Non Current Liabilities Total	10.2B	13.7B	11.8B	11.9B	13.7B	9.2B
Non Current Liabilities Other	2.4M	1.0M	1.3M	3.6M	3.2M	1.9M
Net Debt	1.1B	5.2B	251.6M	486.5M	437.8M	415.9M
Common Stock Shares Outstanding	4.3B	4.4B	5.0B	5.0B	5.7B	4.9B
Net Invested Capital	62.5B	58.1B	56.1B	57.3B	65.9B	51.5B
Net Working Capital	8.4B	9.1B	6.4B	9.0B	10.4B	10.9B
Property Plant And Equipment Net	33.0B	34.8B	37.0B	36.9B	42.5B	36.9B
Property Plant And Equipment Gross	52.9B	58.2B	64.0B	67.7B	77.8B	62.0B

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Other Information on Investing in Lens Stock

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

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Lens Income Before Tax vs Operating Income Analysis

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Operating Income

Lens Technology fundamental ratios Correlations

Lens Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lens Technology fundamental ratios Accounts

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Other Information on Investing in Lens Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.99	Total Assets
Other Liab	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Other Liab
Intangible Assets	+ 0.99	Other Liab

Other Assets	- 0.54	Other Current Liab
Retained Earnings	- 0.49	Other Current Liab
Total Stockholder Equity	- 0.46	Other Current Liab
Other Liab	- 0.44	Other Current Liab
Property Plant Equipment	- 0.43	Other Current Liab
Inventory	- 0.43	Other Current Liab