Edita Income Tax Expense vs Ebitda Analysis

EFID Stock   2.00  0.00  0.00%   
Edita Food financial indicator trend analysis is much more than just examining Edita Food Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edita Food Industries is a good investment. Please check the relationship between Edita Food Income Tax Expense and its Ebitda accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edita Food Industries. 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 Tax Expense vs Ebitda

Income Tax Expense vs Ebitda Correlation Analysis

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

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Ebitda

Most indicators from Edita Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edita Food Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edita Food Industries. 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.
Selling General Administrative is likely to gain to about 932 M in 2025. Tax Provision is likely to gain to about 656.9 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense110.7M211.9M243.7M255.9M
Depreciation And Amortization229.2M282.8M325.2M166.6M

Edita Food fundamental ratios Correlations

0.990.970.991.00.85-0.550.761.00.980.890.85-0.770.960.650.930.550.980.980.97-0.841.01.00.990.980.66
0.990.960.980.990.86-0.530.80.990.960.860.86-0.730.940.70.930.560.990.970.96-0.810.990.990.980.980.7
0.970.960.960.960.85-0.590.750.960.920.850.84-0.750.940.650.880.570.970.920.91-0.860.970.960.950.920.66
0.990.980.960.990.82-0.560.710.990.990.920.82-0.810.960.590.940.50.960.990.99-0.861.00.991.00.980.6
1.00.990.960.990.85-0.570.771.00.970.880.85-0.770.970.650.920.580.980.970.96-0.831.01.00.990.980.66
0.850.860.850.820.85-0.460.920.840.780.631.0-0.590.80.840.740.640.870.770.77-0.690.840.850.80.830.81
-0.55-0.53-0.59-0.56-0.57-0.46-0.36-0.58-0.49-0.54-0.460.74-0.6-0.25-0.46-0.37-0.51-0.55-0.540.62-0.54-0.58-0.57-0.59-0.25
0.760.80.750.710.770.92-0.360.740.660.420.93-0.420.720.960.590.770.810.650.65-0.530.750.780.690.790.95
1.00.990.960.991.00.84-0.580.740.980.90.84-0.790.970.620.920.570.970.970.97-0.850.991.00.990.980.63
0.980.960.920.990.970.78-0.490.660.980.940.78-0.810.940.530.950.440.940.990.99-0.840.980.970.990.950.54
0.890.860.850.920.880.63-0.540.420.90.940.63-0.830.860.270.930.210.830.950.94-0.870.90.870.930.840.27
0.850.860.840.820.851.0-0.460.930.840.780.63-0.590.80.840.730.650.870.770.76-0.690.840.850.80.830.82
-0.77-0.73-0.75-0.81-0.77-0.590.74-0.42-0.79-0.81-0.83-0.59-0.8-0.31-0.7-0.34-0.69-0.82-0.840.87-0.77-0.77-0.83-0.77-0.3
0.960.940.940.960.970.8-0.60.720.970.940.860.8-0.80.560.830.680.920.920.94-0.870.950.960.970.960.57
0.650.70.650.590.650.84-0.250.960.620.530.270.84-0.310.560.490.690.730.530.53-0.360.650.660.560.661.0
0.930.930.880.940.920.74-0.460.590.920.950.930.73-0.70.830.490.250.920.970.94-0.760.940.920.930.880.49
0.550.560.570.50.580.64-0.370.770.570.440.210.65-0.340.680.690.250.560.380.43-0.420.530.590.50.610.69
0.980.990.970.960.980.87-0.510.810.970.940.830.87-0.690.920.730.920.560.940.93-0.780.990.980.950.950.74
0.980.970.920.990.970.77-0.550.650.970.990.950.77-0.820.920.530.970.380.940.99-0.850.980.970.990.950.53
0.970.960.910.990.960.77-0.540.650.970.990.940.76-0.840.940.530.940.430.930.99-0.880.970.960.990.960.53
-0.84-0.81-0.86-0.86-0.83-0.690.62-0.53-0.85-0.84-0.87-0.690.87-0.87-0.36-0.76-0.42-0.78-0.85-0.88-0.84-0.82-0.88-0.82-0.35
1.00.990.971.01.00.84-0.540.750.990.980.90.84-0.770.950.650.940.530.990.980.97-0.840.990.990.970.65
1.00.990.960.991.00.85-0.580.781.00.970.870.85-0.770.960.660.920.590.980.970.96-0.820.990.980.980.67
0.990.980.951.00.990.8-0.570.690.990.990.930.8-0.830.970.560.930.50.950.990.99-0.880.990.980.970.56
0.980.980.920.980.980.83-0.590.790.980.950.840.83-0.770.960.660.880.610.950.950.96-0.820.970.980.970.66
0.660.70.660.60.660.81-0.250.950.630.540.270.82-0.30.571.00.490.690.740.530.53-0.350.650.670.560.66
Click cells to compare fundamentals

Edita Food Account Relationship Matchups

Edita Food fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.8B4.2B5.8B7.7B8.9B9.4B
Short Long Term Debt Total1.1B1.2B1.6B2.2B2.5B2.6B
Other Current Liab411.7M220.5M385.1M514.2M591.4M620.9M
Total Current Liabilities969.0M1.2B2.0B2.7B3.1B3.3B
Total Stockholder Equity1.7B2.1B2.7B3.4B3.9B4.1B
Property Plant And Equipment Net2.4B2.2B2.6B3.5B4.0B2.0B
Net Debt884.8M1.1B1.1B1.2B1.3B734.3M
Retained Earnings1.6B1.9B2.7B3.3B3.8B4.0B
Accounts Payable148.5M287.6M527.6M800.6M920.7M966.7M
Cash218.3M159.6M494.4M1.0B1.2B1.2B
Non Current Assets Total2.6B2.5B2.9B3.8B4.3B2.2B
Non Currrent Assets Other10.9M2.2B846.4M(2.9B)(2.6B)(2.5B)
Cash And Short Term Investments717.6M1.0B1.4B1.4B1.6B1.6B
Short Term Investments499.2M846.4M894.6M346.4M398.4M371.2M
Liabilities And Stockholders Equity3.8B4.2B5.8B7.7B8.9B9.4B
Non Current Liabilities Total1.0B882.6M1.1B1.6B1.8B1.9B
Inventory315.3M526.5M981.5M1.9B2.1B2.3B
Other Current Assets87.9M192.8M473.8M661.5M760.7M798.8M
Other Stockholder Equity45.9M(91.2M)48.4M(235.4M)(211.9M)(201.3M)
Total Liab2.0B2.1B3.1B4.3B4.9B5.2B
Property Plant And Equipment Gross2.4B3.4B4.0B5.1B5.9B6.2B
Total Current Assets1.2B1.8B2.9B4.0B4.6B4.8B
Accumulated Other Comprehensive Income(31.0M)(30.6M)(74.6M)(83.4M)(95.9M)(100.7M)
Short Term Debt349.8M648.6M823.3M905.0M1.0B1.1B
Net Receivables18.9M26.2M71.5M101.6M116.9M122.7M
Intangible Assets166.6M180.7M186.6M181.8M209.1M167.9M
Long Term Debt743.2M587.6M739.5M1.1B1.3B664.1M
Short Long Term Debt276.1M597.7M746.2M894.5M1.0B1.1B
Net Invested Capital2.8B3.3B4.2B5.4B6.2B3.5B
Net Working Capital226.2M522.2M932.3M1.2B1.4B1.5B
Capital Lease Obligations83.8M63.8M117.9M141.4M162.7M103.6M

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