SI-TECH Income Before Tax vs Research Development Analysis

300608 Stock

14.86 1.30 9.59%

SI-TECH Information financial indicator trend analysis is much more than just breaking down SI TECH Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SI TECH Information is a good investment. Please check the relationship between SI-TECH Information Income Before Tax and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SI TECH Information Technology. 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 Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SI TECH Information Income Before Tax account and Research Development. At this time, the significance of the direction appears to have strong relationship.

The correlation between SI-TECH Information's Income Before Tax and Research Development is 0.79. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of SI TECH Information Technology, assuming nothing else is changed. The correlation between historical values of SI-TECH Information's Income Before Tax and Research Development 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 SI TECH Information Technology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., SI-TECH Information's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Income Before Tax

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

Research Development

Most indicators from SI-TECH Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SI TECH Information 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 SI TECH Information Technology. 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.

The current year's Selling General Administrative is expected to grow to about 77 M, whereas Tax Provision is forecasted to decline to about 4.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	325.6M	328.0M	295.2M	284.5M
Total Revenue	834.0M	870.5M	1.0B	882.6M

Gross Profit Total Revenue

SI-TECH Information 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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.85	0.01	0.87	0.99	0.96	-0.69	-0.1	0.88	-0.19	0.96	0.98	0.1	-0.49	0.96	0.86	0.88	0.87	-0.08	0.94	0.87	0.89	0.84	0.97	0.99	0.8
Short Long Term Debt Total	0.85		-0.04	0.95	0.79	0.86	-0.64	0.22	0.93	-0.04	0.81	0.9	0.29	-0.46	0.81	0.83	0.91	0.91	-0.21	0.67	1.0	0.89	0.96	0.78	0.81	0.62
Other Current Liab	0.01	-0.04		-0.16	0.06	0.09	-0.36	-0.26	-0.05	-0.57	0.02	-0.01	-0.56	0.12	0.02	0.08	0.06	0.23	0.07	0.14	-0.03	0.12	-0.18	0.18	0.09	0.32
Total Current Liabilities	0.87	0.95	-0.16		0.82	0.8	-0.47	0.08	0.94	-0.01	0.84	0.87	0.41	-0.45	0.84	0.9	0.79	0.85	-0.13	0.73	0.96	0.92	0.99	0.76	0.82	0.55
Total Stockholder Equity	0.99	0.79	0.06	0.82		0.93	-0.67	-0.21	0.85	-0.23	0.97	0.94	0.03	-0.47	0.97	0.87	0.82	0.85	-0.02	0.98	0.81	0.89	0.78	0.97	0.99	0.81
Property Plant And Equipment Net	0.96	0.86	0.09	0.8	0.93		-0.8	0.07	0.85	-0.2	0.88	0.98	-0.04	-0.5	0.88	0.78	0.96	0.9	-0.15	0.85	0.87	0.83	0.77	0.96	0.95	0.83
Current Deferred Revenue	-0.69	-0.64	-0.36	-0.47	-0.67	-0.8		-0.12	-0.5	0.48	-0.63	-0.75	0.24	0.23	-0.63	-0.44	-0.81	-0.74	0.51	-0.61	-0.63	-0.54	-0.51	-0.82	-0.74	-0.91
Net Debt	-0.1	0.22	-0.26	0.08	-0.21	0.07	-0.12		0.05	0.47	-0.3	0.11	0.4	-0.08	-0.3	-0.16	0.25	0.04	-0.28	-0.39	0.19	-0.21	0.12	-0.13	-0.16	-0.15
Retained Earnings	0.88	0.93	-0.05	0.94	0.85	0.85	-0.5	0.05		0.01	0.84	0.87	0.2	-0.44	0.84	0.93	0.81	0.91	0.06	0.75	0.94	0.94	0.91	0.78	0.82	0.58
Accounts Payable	-0.19	-0.04	-0.57	-0.01	-0.23	-0.2	0.48	0.47	0.01		-0.27	-0.13	0.51	0.0	-0.27	-0.11	-0.12	-0.24	0.42	-0.32	-0.06	-0.2	-0.02	-0.37	-0.29	-0.61
Cash	0.96	0.81	0.02	0.84	0.97	0.88	-0.63	-0.3	0.84	-0.27		0.9	0.06	-0.42	1.0	0.83	0.81	0.82	-0.08	0.95	0.83	0.91	0.82	0.93	0.96	0.78
Non Current Assets Total	0.98	0.9	-0.01	0.87	0.94	0.98	-0.75	0.11	0.87	-0.13	0.9		0.16	-0.52	0.9	0.81	0.95	0.88	-0.18	0.86	0.91	0.85	0.86	0.95	0.96	0.79
Non Currrent Assets Other	0.1	0.29	-0.56	0.41	0.03	-0.04	0.24	0.4	0.2	0.51	0.06	0.16		-0.16	0.06	0.16	0.05	-0.06	-0.06	-0.05	0.27	0.09	0.45	-0.07	0.04	-0.24
Other Assets	-0.49	-0.46	0.12	-0.45	-0.47	-0.5	0.23	-0.08	-0.44	0.0	-0.42	-0.52	-0.16		-0.42	-0.46	-0.5	-0.38	-0.22	-0.42	-0.49	-0.44	-0.4	-0.44	-0.48	-0.25
Cash And Short Term Investments	0.96	0.81	0.02	0.84	0.97	0.88	-0.63	-0.3	0.84	-0.27	1.0	0.9	0.06	-0.42		0.83	0.81	0.82	-0.08	0.95	0.83	0.91	0.82	0.93	0.96	0.78
Net Receivables	0.86	0.83	0.08	0.9	0.87	0.78	-0.44	-0.16	0.93	-0.11	0.83	0.81	0.16	-0.46	0.83		0.68	0.89	0.13	0.84	0.85	0.96	0.84	0.79	0.83	0.57
Non Current Liabilities Total	0.88	0.91	0.06	0.79	0.82	0.96	-0.81	0.25	0.81	-0.12	0.81	0.95	0.05	-0.5	0.81	0.68		0.86	-0.23	0.7	0.91	0.76	0.79	0.87	0.86	0.76
Inventory	0.87	0.91	0.23	0.85	0.85	0.9	-0.74	0.04	0.91	-0.24	0.82	0.88	-0.06	-0.38	0.82	0.89	0.86		-0.16	0.77	0.91	0.92	0.83	0.87	0.85	0.75
Other Current Assets	-0.08	-0.21	0.07	-0.13	-0.02	-0.15	0.51	-0.28	0.06	0.42	-0.08	-0.18	-0.06	-0.22	-0.08	0.13	-0.23	-0.16		0.03	-0.19	0.02	-0.22	-0.2	-0.13	-0.4
Other Stockholder Equity	0.94	0.67	0.14	0.73	0.98	0.85	-0.61	-0.39	0.75	-0.32	0.95	0.86	-0.05	-0.42	0.95	0.84	0.7	0.77	0.03		0.69	0.85	0.68	0.94	0.96	0.78
Total Liab	0.87	1.0	-0.03	0.96	0.81	0.87	-0.63	0.19	0.94	-0.06	0.83	0.91	0.27	-0.49	0.83	0.85	0.91	0.91	-0.19	0.69		0.9	0.96	0.8	0.83	0.63
Total Current Assets	0.89	0.89	0.12	0.92	0.89	0.83	-0.54	-0.21	0.94	-0.2	0.91	0.85	0.09	-0.44	0.91	0.96	0.76	0.92	0.02	0.85	0.9		0.88	0.83	0.87	0.66
Short Term Debt	0.84	0.96	-0.18	0.99	0.78	0.77	-0.51	0.12	0.91	-0.02	0.82	0.86	0.45	-0.4	0.82	0.84	0.79	0.83	-0.22	0.68	0.96	0.88		0.74	0.79	0.57
Intangible Assets	0.97	0.78	0.18	0.76	0.97	0.96	-0.82	-0.13	0.78	-0.37	0.93	0.95	-0.07	-0.44	0.93	0.79	0.87	0.87	-0.2	0.94	0.8	0.83	0.74		0.99	0.91
Common Stock	0.99	0.81	0.09	0.82	0.99	0.95	-0.74	-0.16	0.82	-0.29	0.96	0.96	0.04	-0.48	0.96	0.83	0.86	0.85	-0.13	0.96	0.83	0.87	0.79	0.99		0.86
Other Liab	0.8	0.62	0.32	0.55	0.81	0.83	-0.91	-0.15	0.58	-0.61	0.78	0.79	-0.24	-0.25	0.78	0.57	0.76	0.75	-0.4	0.78	0.63	0.66	0.57	0.91	0.86

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SI-TECH Information Account Relationship Matchups

SI-TECH Information fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	1.8B	2.5B	2.5B	2.9B	3.0B
Short Long Term Debt Total	656.3M	659.6M	757.2M	661.8M	761.1M	412.6M
Other Current Liab	123.0M	117.4M	141.5M	187.6M	168.9M	101.0M
Total Current Liabilities	530.5M	530.3M	654.9M	630.8M	725.5M	491.7M
Total Stockholder Equity	849.0M	952.8M	1.6B	1.6B	1.9B	1.9B
Property Plant And Equipment Net	463.9M	471.4M	463.1M	515.2M	592.5M	622.2M
Current Deferred Revenue	68.3M	33.5M	38.5M	32.3M	29.1M	27.6M
Net Debt	278.6M	248.1M	(206.0M)	(30.5M)	(35.0M)	(33.3M)
Retained Earnings	360.0M	402.0M	401.5M	420.0M	483.0M	283.1M
Accounts Payable	28.9M	16.6M	9.7M	10.9M	9.8M	15.1M
Cash	377.7M	411.5M	963.2M	692.3M	796.1M	835.9M
Non Current Assets Total	634.3M	699.2M	741.0M	823.1M	946.6M	993.9M
Non Currrent Assets Other	246.4K	8.1M	14.4M	6.9M	7.9M	7.5M
Cash And Short Term Investments	377.7M	411.5M	963.2M	692.3M	796.1M	835.9M
Net Receivables	413.6M	410.2M	515.7M	642.3M	738.7M	414.7M
Liabilities And Stockholders Equity	1.7B	1.8B	2.5B	2.5B	2.9B	3.0B
Non Current Liabilities Total	353.7M	331.6M	325.0M	268.4M	308.6M	324.1M
Inventory	292.4M	291.3M	305.0M	341.1M	392.3M	243.2M
Other Current Assets	15.7M	1.4M	1.8M	4.9M	5.6M	5.3M
Other Stockholder Equity	222.8M	235.6M	714.7M	757.2M	870.8M	914.3M
Total Liab	884.2M	861.9M	979.9M	899.2M	1.0B	631.7M
Total Current Assets	1.1B	1.1B	1.8B	1.7B	1.9B	1.1B
Short Term Debt	310.3M	362.9M	465.2M	400.0M	460.0M	289.2M
Intangible Assets	74.4M	113.5M	162.7M	188.9M	217.3M	228.1M
Common Stock	157.7M	209.9M	327.1M	331.2M	380.8M	399.9M
Other Liab	2.1M	2.5M	7.7M	34.9M	40.1M	42.1M
Net Tangible Assets	689.8M	736.6M	767.7M	890.5M	1.0B	752.5M
Deferred Long Term Liab	3.4M	2.6M	2.4M	59.6M	68.6M	72.0M
Short Long Term Debt	295.3M	339.5M	443.4M	363.9M	418.5M	341.0M
Non Current Liabilities Other	6.6M	4.0M	2.8M	6.6M	5.9M	3.4M
Property Plant Equipment	102.4M	158.1M	463.9M	471.4M	542.1M	569.2M
Common Stock Shares Outstanding	204.9M	209.9M	327.1M	331.2M	380.8M	265.9M
Net Invested Capital	1.5B	1.6B	2.3B	2.2B	2.6B	1.7B
Net Working Capital	568.9M	584.0M	1.1B	1.0B	1.2B	763.3M
Short Term Investments	(2.4M)	(1.6M)	(2.1M)	32.0K	36.8K	38.7K
Capital Stock	157.7M	209.9M	327.1M	331.2M	380.8M	236.4M
Long Term Debt	345.9M	290.4M	287.2M	253.0M	291.0M	291.8M
Property Plant And Equipment Gross	513.9M	541.0M	553.7M	509.9M	586.3M	508.8M

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Other Information on Investing in SI-TECH Stock

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

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SI-TECH Income Before Tax vs Research Development Analysis

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

Correlation Coefficient

Income Before Tax

Research Development

SI-TECH Information fundamental ratios Correlations

SI-TECH Information Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SI-TECH Information fundamental ratios Accounts

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Other Information on Investing in SI-TECH Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Total Stockholder Equity

Other Liab	- 0.91	Current Deferred Revenue
Intangible Assets	- 0.82	Current Deferred Revenue
Non Current Liabilities Total	- 0.81	Current Deferred Revenue
Current Deferred Revenue	- 0.8	Property Plant And Equipment Net
Non Current Assets Total	- 0.75	Current Deferred Revenue
Common Stock	- 0.74	Current Deferred Revenue