JuneYao Ebitda vs Income Before Tax Analysis

605388 Stock

7.65 0.15 2.00%

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

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

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

The correlation between JuneYao Dairy's Ebitda and Income Before Tax is 0.91. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of JuneYao Dairy Co, assuming nothing else is changed. The correlation between historical values of JuneYao Dairy's Ebitda 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 Ebitda of JuneYao Dairy Co 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 Ebitda i.e., JuneYao Dairy's Ebitda and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on JuneYao Dairy income statement and is an important metric when analyzing JuneYao Dairy 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 JuneYao Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JuneYao Dairy 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 JuneYao Dairy 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 307.8 M, whereas Tax Provision is forecasted to decline to about 18.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	371.1M	351.5M	399.2M	391.2M
Total Revenue	913.6M	986.1M	1.6B	1.3B

Gross Profit Total Revenue

JuneYao Dairy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Non Currrent Assets Other	Net Receivables	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Investments
Total Assets		-0.83	-0.44	0.99	0.8	-0.73	0.95	0.78	0.71	0.8	0.79	0.95	0.62	0.74	0.07	0.94	-0.33	0.92	0.77	0.91	0.66	0.67	0.94	0.89	0.51	-0.77
Other Current Liab	-0.83		0.47	-0.84	-0.81	0.64	-0.86	-0.69	-0.66	-0.81	-0.69	-0.91	-0.77	-0.81	-0.04	-0.82	0.35	-0.77	-0.9	-0.91	-0.37	-0.68	-0.76	-0.83	-0.27	0.71
Total Current Liabilities	-0.44	0.47		-0.53	-0.02	0.77	-0.59	-0.04	-0.77	-0.01	-0.78	-0.45	0.15	0.05	0.41	-0.32	0.99	-0.69	-0.1	-0.64	-0.11	0.15	-0.34	-0.16	-0.73	-0.08
Total Stockholder Equity	0.99	-0.84	-0.53		0.76	-0.78	0.97	0.74	0.76	0.75	0.84	0.94	0.56	0.69	0.01	0.92	-0.42	0.95	0.73	0.93	0.64	0.62	0.92	0.86	0.57	-0.72
Property Plant And Equipment Net	0.8	-0.81	-0.02	0.76		-0.31	0.69	0.77	0.36	1.0	0.4	0.78	0.93	0.98	0.42	0.88	0.1	0.57	0.96	0.7	0.6	0.93	0.83	0.91	0.05	-0.98
Net Debt	-0.73	0.64	0.77	-0.78	-0.31		-0.88	-0.53	-0.98	-0.29	-0.91	-0.77	-0.11	-0.25	0.51	-0.55	0.72	-0.89	-0.37	-0.82	-0.26	-0.1	-0.55	-0.42	-0.64	0.22
Retained Earnings	0.95	-0.86	-0.59	0.97	0.69	-0.88		0.78	0.87	0.69	0.86	0.96	0.51	0.65	-0.15	0.84	-0.49	0.95	0.7	0.96	0.55	0.54	0.82	0.76	0.52	-0.63
Accounts Payable	0.78	-0.69	-0.04	0.74	0.77	-0.53	0.78		0.51	0.78	0.4	0.83	0.64	0.81	0.16	0.67	0.06	0.58	0.71	0.74	0.65	0.76	0.62	0.66	-0.05	-0.79
Cash	0.71	-0.66	-0.77	0.76	0.36	-0.98	0.87	0.51		0.34	0.92	0.74	0.17	0.31	-0.51	0.58	-0.73	0.89	0.42	0.8	0.28	0.16	0.57	0.43	0.63	-0.27
Non Current Assets Total	0.8	-0.81	-0.01	0.75	1.0	-0.29	0.69	0.78	0.34		0.39	0.77	0.94	0.99	0.42	0.88	0.11	0.57	0.95	0.69	0.64	0.96	0.83	0.91	0.04	-0.98
Cash And Short Term Investments	0.79	-0.69	-0.78	0.84	0.4	-0.91	0.86	0.4	0.92	0.39		0.75	0.25	0.32	-0.45	0.72	-0.72	0.96	0.47	0.78	0.28	0.19	0.73	0.6	0.83	-0.3
Common Stock Shares Outstanding	0.95	-0.91	-0.45	0.94	0.78	-0.77	0.96	0.83	0.74	0.77	0.75		0.64	0.75	-0.02	0.84	-0.33	0.86	0.8	0.96	0.51	0.64	0.8	0.82	0.34	-0.72
Non Current Liabilities Total	0.62	-0.77	0.15	0.56	0.93	-0.11	0.51	0.64	0.17	0.94	0.25	0.64		0.95	0.39	0.76	0.26	0.39	0.96	0.53	0.38	0.9	0.68	0.85	-0.11	-0.89
Inventory	0.74	-0.81	0.05	0.69	0.98	-0.25	0.65	0.81	0.31	0.99	0.32	0.75	0.95		0.4	0.82	0.17	0.5	0.95	0.66	0.61	0.97	0.75	0.86	-0.08	-0.97
Other Current Assets	0.07	-0.04	0.41	0.01	0.42	0.51	-0.15	0.16	-0.51	0.42	-0.45	-0.02	0.39	0.4		0.17	0.47	-0.27	0.29	-0.02	0.37	0.51	0.17	0.27	-0.41	-0.51
Other Stockholder Equity	0.94	-0.82	-0.32	0.92	0.88	-0.55	0.84	0.67	0.58	0.88	0.72	0.84	0.76	0.82	0.17		-0.21	0.84	0.85	0.78	0.64	0.77	0.99	0.96	0.5	-0.85
Total Liab	-0.33	0.35	0.99	-0.42	0.1	0.72	-0.49	0.06	-0.73	0.11	-0.72	-0.33	0.26	0.17	0.47	-0.21		-0.61	0.02	-0.53	-0.05	0.26	-0.24	-0.03	-0.72	-0.19
Total Current Assets	0.92	-0.77	-0.69	0.95	0.57	-0.89	0.95	0.58	0.89	0.57	0.96	0.86	0.39	0.5	-0.27	0.84	-0.61		0.59	0.87	0.49	0.4	0.85	0.73	0.75	-0.51
Intangible Assets	0.77	-0.9	-0.1	0.73	0.96	-0.37	0.7	0.71	0.42	0.95	0.47	0.8	0.96	0.95	0.29	0.85	0.02	0.59		0.73	0.4	0.85	0.78	0.9	0.06	-0.88
Common Stock	0.91	-0.91	-0.64	0.93	0.7	-0.82	0.96	0.74	0.8	0.69	0.78	0.96	0.53	0.66	-0.02	0.78	-0.53	0.87	0.73		0.5	0.55	0.76	0.74	0.41	-0.62
Non Currrent Assets Other	0.66	-0.37	-0.11	0.64	0.6	-0.26	0.55	0.65	0.28	0.64	0.28	0.51	0.38	0.61	0.37	0.64	-0.05	0.49	0.4	0.5		0.72	0.67	0.54	0.2	-0.72
Net Receivables	0.67	-0.68	0.15	0.62	0.93	-0.1	0.54	0.76	0.16	0.96	0.19	0.64	0.9	0.97	0.51	0.77	0.26	0.4	0.85	0.55	0.72		0.72	0.81	-0.12	-0.97
Net Invested Capital	0.94	-0.76	-0.34	0.92	0.83	-0.55	0.82	0.62	0.57	0.83	0.73	0.8	0.68	0.75	0.17	0.99	-0.24	0.85	0.78	0.76	0.67	0.72		0.94	0.57	-0.81
Capital Stock	0.89	-0.83	-0.16	0.86	0.91	-0.42	0.76	0.66	0.43	0.91	0.6	0.82	0.85	0.86	0.27	0.96	-0.03	0.73	0.9	0.74	0.54	0.81	0.94		0.35	-0.87
Net Working Capital	0.51	-0.27	-0.73	0.57	0.05	-0.64	0.52	-0.05	0.63	0.04	0.83	0.34	-0.11	-0.08	-0.41	0.5	-0.72	0.75	0.06	0.41	0.2	-0.12	0.57	0.35		0.0
Short Term Investments	-0.77	0.71	-0.08	-0.72	-0.98	0.22	-0.63	-0.79	-0.27	-0.98	-0.3	-0.72	-0.89	-0.97	-0.51	-0.85	-0.19	-0.51	-0.88	-0.62	-0.72	-0.97	-0.81	-0.87	0.0

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JuneYao Dairy Account Relationship Matchups

JuneYao Dairy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	2.2B	2.3B	2.4B	2.5B	1.8B
Other Current Liab	209.9M	156.6M	214.7M	221.6M	27.9M	26.5M
Total Current Liabilities	389.6M	228.4M	331.9M	433.9M	509.2M	415.8M
Total Stockholder Equity	941.5M	1.9B	1.9B	1.9B	1.9B	1.4B
Property Plant And Equipment Net	144.2M	140.8M	470.5M	641.2M	814.0M	854.7M
Net Debt	(1.1B)	(1.0B)	(1.1B)	(667.1M)	(600.4M)	(630.4M)
Retained Earnings	470.6M	554.6M	549.5M	518.3M	525.0M	414.0M
Accounts Payable	179.7M	71.8M	116.0M	207.9M	193.2M	135.9M
Cash	1.1B	1.0B	1.1B	679.6M	499.1M	831.9M
Non Current Assets Total	200.3M	261.2M	628.4M	1.1B	1.3B	1.4B
Cash And Short Term Investments	1.1B	1.9B	1.5B	720.0M	827.9M	1.1B
Common Stock Shares Outstanding	360.2M	381.8M	432.3M	430M	602M	387.6M
Liabilities And Stockholders Equity	1.3B	2.2B	2.3B	2.4B	2.7B	1.7B
Non Current Liabilities Total	12.5M	12.1M	17.7M	29.7M	60.7M	63.7M
Inventory	64.2M	40.5M	77.3M	172.4M	206.5M	216.9M
Other Current Assets	13.9M	14.0M	32.9M	50.0M	48.2M	35.5M
Other Stockholder Equity	110.9M	946.2M	959.7M	972.9M	1.1B	1.2B
Total Liab	402.1M	240.5M	349.7M	463.6M	569.9M	438.8M
Total Current Assets	1.1B	1.9B	1.7B	1.3B	1.2B	1.3B
Intangible Assets	49.5M	45.4M	84.7M	80.5M	171.4M	180.0M
Non Currrent Assets Other	3.5M	71.9M	52.6M	310.7M	54.1M	78.6M

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Other Information on Investing in JuneYao Stock

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

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JuneYao Ebitda vs Income Before Tax Analysis

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

Correlation Coefficient

Ebitda

Income Before Tax

JuneYao Dairy fundamental ratios Correlations

JuneYao Dairy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

JuneYao Dairy fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in JuneYao Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Non Current Assets Total
Net Invested Capital	+ 0.99	Other Stockholder Equity
Inventory	+ 0.98	Property Plant And Equipment Net

Short Term Investments	- 0.98	Non Current Assets Total
Cash	- 0.98	Net Debt
Short Term Investments	- 0.98	Property Plant And Equipment Net
Short Term Investments	- 0.97	Net Receivables
Short Term Investments	- 0.97	Inventory
Cash And Short Term Investments	- 0.91	Net Debt