DRLimited Income Before Tax vs Ebitda Analysis

301177 Stock   25.30  1.20  4.98%   
DRLimited financial indicator trend analysis is much more than just examining DR Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DR Limited is a good investment. Please check the relationship between DRLimited Income Before Tax and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DR 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 nation.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DR Limited Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between DRLimited's Income Before Tax and Ebitda is 0.64. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of DR Limited, assuming nothing else is changed. The correlation between historical values of DRLimited's Income Before Tax and Ebitda 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 DR Limited are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., DRLimited's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

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

Ebitda

Most indicators from DRLimited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DR 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 DR 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 nation.
As of December 1, 2024, Tax Provision is expected to decline to about 41.7 M. In addition to that, Selling General Administrative is expected to decline to about 1.1 B
 2021 2022 2023 2024 (projected)
Gross Profit3.2B2.6B1.5B2.2B
Total Revenue4.6B3.7B2.2B3.2B

DRLimited fundamental ratios Correlations

-0.890.931.00.990.60.540.94-0.10.360.850.90.90.960.730.931.01.00.850.970.99-0.60.650.320.73-0.44
-0.89-0.92-0.87-0.91-0.52-0.38-0.910.16-0.55-0.79-0.82-0.89-0.89-0.73-0.92-0.87-0.87-0.79-0.87-0.850.51-0.46-0.12-0.580.54
0.93-0.920.90.940.730.410.960.160.430.690.880.980.960.591.00.90.910.690.950.88-0.740.760.440.83-0.38
1.0-0.870.90.990.560.550.93-0.150.340.870.90.870.950.750.91.01.00.870.961.0-0.560.610.280.69-0.45
0.99-0.910.940.990.640.60.93-0.080.460.810.860.930.940.70.940.980.990.810.950.98-0.60.660.340.74-0.43
0.6-0.520.730.560.640.580.590.630.560.110.460.80.59-0.080.750.550.60.110.570.56-0.520.90.90.780.31
0.54-0.380.410.550.60.580.27-0.090.710.250.150.520.320.130.430.530.590.250.330.61-0.110.440.450.40.09
0.94-0.910.960.930.930.590.270.040.250.820.980.90.990.710.950.930.920.820.990.89-0.670.650.30.73-0.45
-0.10.160.16-0.15-0.080.63-0.090.04-0.03-0.52-0.020.210.03-0.620.17-0.15-0.12-0.520.0-0.18-0.390.660.820.490.61
0.36-0.550.430.340.460.560.710.25-0.030.110.050.540.230.030.450.320.380.110.20.370.010.230.260.220.05
0.85-0.790.690.870.810.110.250.82-0.520.110.860.60.830.950.670.880.851.00.840.86-0.330.19-0.190.34-0.7
0.9-0.820.880.90.860.460.150.98-0.020.050.860.790.970.740.870.910.880.860.970.86-0.610.570.220.65-0.47
0.9-0.890.980.870.930.80.520.90.210.540.60.790.90.50.990.860.890.60.890.85-0.730.80.510.86-0.31
0.96-0.890.960.950.940.590.320.990.030.230.830.970.90.720.950.960.950.831.00.92-0.690.680.320.76-0.46
0.73-0.730.590.750.7-0.080.130.71-0.620.030.950.740.50.720.570.760.730.950.740.74-0.390.06-0.390.29-0.89
0.93-0.921.00.90.940.750.430.950.170.450.670.870.990.950.570.90.910.670.940.88-0.740.770.450.84-0.37
1.0-0.870.91.00.980.550.530.93-0.150.320.880.910.860.960.760.91.00.880.960.99-0.570.610.280.69-0.46
1.0-0.870.911.00.990.60.590.92-0.120.380.850.880.890.950.730.911.00.850.951.0-0.580.640.320.72-0.44
0.85-0.790.690.870.810.110.250.82-0.520.111.00.860.60.830.950.670.880.850.840.86-0.330.19-0.190.34-0.7
0.97-0.870.950.960.950.570.330.990.00.20.840.970.891.00.740.940.960.950.840.93-0.70.680.310.77-0.48
0.99-0.850.881.00.980.560.610.89-0.180.370.860.860.850.920.740.880.991.00.860.93-0.540.60.290.68-0.44
-0.60.51-0.74-0.56-0.6-0.52-0.11-0.67-0.390.01-0.33-0.61-0.73-0.69-0.39-0.74-0.57-0.58-0.33-0.7-0.54-0.79-0.44-0.930.43
0.65-0.460.760.610.660.90.440.650.660.230.190.570.80.680.060.770.610.640.190.680.6-0.790.880.950.11
0.32-0.120.440.280.340.90.450.30.820.26-0.190.220.510.32-0.390.450.280.32-0.190.310.29-0.440.880.690.57
0.73-0.580.830.690.740.780.40.730.490.220.340.650.860.760.290.840.690.720.340.770.68-0.930.950.69-0.19
-0.440.54-0.38-0.45-0.430.310.09-0.450.610.05-0.7-0.47-0.31-0.46-0.89-0.37-0.46-0.44-0.7-0.48-0.440.430.110.57-0.19
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DRLimited Account Relationship Matchups

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Other Information on Investing in DRLimited Stock

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