ELF Income Before Tax vs Depreciation And Amortization Analysis

ELF Stock  USD 129.52  2.37  1.86%   
ELF Beauty financial indicator trend analysis is much more than just examining ELF Beauty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ELF Beauty is a good investment. Please check the relationship between ELF Beauty Income Before Tax and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ELF Beauty Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ELF Beauty's Income Before Tax and Depreciation And Amortization is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of ELF Beauty, assuming nothing else is changed. The correlation between historical values of ELF Beauty's Income Before Tax and Depreciation And Amortization 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 ELF Beauty are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., ELF Beauty's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

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

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from ELF Beauty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ELF Beauty 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 ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.The current Tax Provision is estimated to decrease to about 6.2 M. The current Selling General Administrative is estimated to decrease to about 157.2 M
 2020 2021 2022 2023 (projected)
Gross Profit206.2M251.7M390.4M724.1M
Total Revenue318.1M392.2M578.8M1.0B

ELF Beauty fundamental ratios Correlations

0.690.520.980.96-0.130.330.02-0.250.90.780.790.11-0.060.780.980.970.49-0.190.280.970.950.84-0.410.740.92
0.69-0.030.740.480.06-0.220.710.060.770.150.25-0.440.640.150.620.830.060.510.00.650.450.94-0.170.20.9
0.52-0.030.540.590.180.28-0.45-0.110.50.60.390.59-0.480.60.590.410.32-0.490.040.580.640.27-0.460.660.29
0.980.740.540.91-0.030.240.1-0.180.940.710.70.050.020.710.970.970.39-0.090.210.960.920.9-0.430.670.94
0.960.480.590.91-0.230.51-0.24-0.370.770.90.90.3-0.320.90.950.870.62-0.440.360.930.990.65-0.430.850.79
-0.130.060.18-0.03-0.23-0.290.180.080.01-0.18-0.37-0.30.29-0.18-0.14-0.11-0.330.36-0.12-0.11-0.220.09-0.5-0.14-0.08
0.33-0.220.280.240.51-0.29-0.62-0.480.190.620.610.52-0.510.620.40.160.18-0.580.90.350.49-0.08-0.290.550.03
0.020.71-0.450.1-0.240.18-0.620.40.25-0.58-0.41-0.580.93-0.58-0.050.25-0.430.91-0.280.02-0.260.520.16-0.420.37
-0.250.06-0.11-0.18-0.370.08-0.480.4-0.12-0.49-0.55-0.310.4-0.49-0.27-0.06-0.630.41-0.49-0.36-0.270.040.53-0.70.0
0.90.770.50.940.770.010.190.25-0.120.540.48-0.010.220.540.920.90.190.10.230.910.780.92-0.390.560.89
0.780.150.60.710.9-0.180.62-0.58-0.490.540.870.3-0.571.00.790.610.68-0.680.390.730.880.36-0.430.830.51
0.790.250.390.70.9-0.370.61-0.41-0.550.480.870.38-0.530.870.750.660.72-0.590.450.770.870.38-0.350.820.57
0.11-0.440.590.050.3-0.30.52-0.58-0.31-0.010.30.38-0.690.30.2-0.030.34-0.640.280.250.32-0.27-0.250.57-0.17
-0.060.64-0.480.02-0.320.29-0.510.930.40.22-0.57-0.53-0.69-0.57-0.110.14-0.580.92-0.15-0.09-0.340.440.13-0.480.27
0.780.150.60.710.9-0.180.62-0.58-0.490.541.00.870.3-0.570.790.610.68-0.680.390.730.880.36-0.430.830.51
0.980.620.590.970.95-0.140.4-0.05-0.270.920.790.750.2-0.110.790.920.47-0.230.320.970.950.8-0.460.770.87
0.970.830.410.970.87-0.110.160.25-0.060.90.610.66-0.030.140.610.920.350.020.160.920.870.93-0.30.580.99
0.490.060.320.390.62-0.330.18-0.43-0.630.190.680.720.34-0.580.680.470.35-0.6-0.060.490.560.12-0.30.740.3
-0.190.51-0.49-0.09-0.440.36-0.580.910.410.1-0.68-0.59-0.640.92-0.68-0.230.02-0.6-0.22-0.19-0.440.330.26-0.570.14
0.280.00.040.210.36-0.120.9-0.28-0.490.230.390.450.28-0.150.390.320.16-0.06-0.220.320.330.04-0.320.410.08
0.970.650.580.960.93-0.110.350.02-0.360.910.730.770.25-0.090.730.970.920.49-0.190.320.920.81-0.510.810.86
0.950.450.640.920.99-0.220.49-0.26-0.270.780.880.870.32-0.340.880.950.870.56-0.440.330.920.65-0.40.80.78
0.840.940.270.90.650.09-0.080.520.040.920.360.38-0.270.440.360.80.930.120.330.040.810.65-0.280.360.96
-0.41-0.17-0.46-0.43-0.43-0.5-0.290.160.53-0.39-0.43-0.35-0.250.13-0.43-0.46-0.3-0.30.26-0.32-0.51-0.4-0.28-0.62-0.25
0.740.20.660.670.85-0.140.55-0.42-0.70.560.830.820.57-0.480.830.770.580.74-0.570.410.810.80.36-0.620.47
0.920.90.290.940.79-0.080.030.370.00.890.510.57-0.170.270.510.870.990.30.140.080.860.780.96-0.250.47
Click cells to compare fundamentals

ELF Beauty Account Relationship Matchups

ELF Beauty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets435.9M453.1M487.4M494.6M595.6M1.1B
Short Long Term Debt Total150.4M149.9M146.6M112.6M77.7M290.6M
Other Current Liab1.9M1.0M(10.7M)20.8M36.7M23.8M
Total Current Liabilities43.0M51.1M73.3M65.0M108.0M299.1M
Total Stockholder Equity229.3M242.2M269.6M312.4M411.0M642.6M
Other Liab23.0M22.5M14.1M10.4M20.7M18.2M
Net Tangible Assets(37.6M)(41.7M)(6.0M)54.6M161.4M(39.5M)
Net Debt99.2M103.7M88.9M69.3M(43.1M)182.4M
Retained Earnings(511.5M)(511.5M)(505.3M)(483.5M)(422.0M)(294.3M)
Accounts Payable20.5M12.4M15.7M19.2M31.4M81.1M
Cash51.2M46.2M57.8M43.4M120.8M108.2M
Non Currrent Assets Other13.4M27.0M34.7M30.4M31.9M45.1M
Other Assets2.5M1.1M1.2M30.4M17.6M2.4M
Long Term Debt140.5M123.9M110.3M91.1M60.9M161.8M
Cash And Short Term Investments51.2M46.2M57.8M43.4M120.8M108.2M
Net Receivables36.7M29.7M40.2M45.6M67.9M123.8M
Common Stock Shares Outstanding48.7M50.8M52.0M53.7M55.3M57.8M
Long Term Debt Total140.5M126.1M110.3M91.1M60.9M101.0M
Liabilities And Stockholders Equity435.9M453.1M487.4M494.6M595.6M1.1B
Capital Surpluse740.4M753.2M774.4M795.4M832.5M687.1M
Inventory46.3M46.2M56.8M84.5M81.3M191.5M
Other Current Assets7.5M10.3M15.4M19.6M33.3M53.6M
Total Liab206.5M210.9M217.7M182.2M184.6M486.7M
Property Plant And Equipment Gross21.8M17.2M13.8M35.1M31.9M38.9M
Short Long Term Debt9.9M12.6M16.3M5.8M5.6M100.3M
Total Current Assets141.7M132.4M170.1M193.0M303.3M477.1M
Short Term Debt9.9M12.6M16.3M5.8M5.6M107.3M
Intangible Assets98.8M102.4M94.3M86.2M78.0M225.1M
Common Stock478K489K504K515K535K555K
Property Plant Equipment21.8M32.9M37.6M10.6M7.9M19.7M
Property Plant And Equipment Net17.2M13.8M10.6M7.9M41.4M43.5M
Current Deferred Revenue10.8M25.1M36.4M5.8M6.7M6.4M
Non Current Assets Total294.1M320.7M317.2M301.6M292.3M652.2M
Non Current Liabilities Total163.5M159.8M144.4M117.2M76.6M187.6M
Other Stockholder Equity753.2M774.4M795.4M832.5M936.4M689.3M
Common Stock Total Equity478K489K504K515K535K528.1K
Non Current Liabilities Other2.8M591K598K16.5M784K616K

Currently Active Assets on Macroaxis

When determining whether ELF Beauty is a strong investment it is important to analyze ELF Beauty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ELF Beauty's future performance. For an informed investment choice regarding ELF Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELF Beauty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ELF Beauty. If investors know ELF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ELF Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Earnings Share
1.85
Revenue Per Share
21.846
Quarterly Revenue Growth
0.397
Return On Assets
0.0812
The market value of ELF Beauty is measured differently than its book value, which is the value of ELF that is recorded on the company's balance sheet. Investors also form their own opinion of ELF Beauty's value that differs from its market value or its book value, called intrinsic value, which is ELF Beauty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ELF Beauty's market value can be influenced by many factors that don't directly affect ELF Beauty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ELF Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if ELF Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ELF Beauty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.