Eos Income Before Tax vs Operating Income Analysis
EOSE Stock | USD 2.89 0.06 2.03% |
Eos Energy financial indicator trend analysis is much more than just examining Eos Energy Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eos Energy Enterprises is a good investment. Please check the relationship between Eos Energy Income Before Tax and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eos Energy Enterprises Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eos Energy's Income Before Tax and Operating Income is 0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Eos Energy Enterprises, assuming nothing else is changed. The correlation between historical values of Eos Energy's Income Before Tax and Operating Income 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 Eos Energy Enterprises are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Eos Energy's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Eos Energy income statement and is an important metric when analyzing Eos Energy Enterprises 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.Operating Income
Operating Income is the amount of profit realized from Eos Energy Enterprises operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Eos Energy Enterprises is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Eos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eos Energy Enterprises 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 Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The current year's Issuance Of Capital Stock is expected to grow to about 201.8 M, whereas Selling General Administrative is forecasted to decline to about 40.2 M.
2023 | 2024 (projected) | Depreciation And Amortization | 10.8M | 6.7M | Interest Income | 1.8K | 1.6K |
Eos Energy fundamental ratios Correlations
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Eos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eos Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.7M | 9.3M | 8.5M | 15.4M | 32.3M | 33.9M | |
Total Current Liabilities | 86.7M | 14.1M | 29.9M | 60.6M | 60.9M | 48.6M | |
Other Liab | 663K | 762K | 926K | 4.4M | 5.1M | 5.3M | |
Net Tangible Assets | (184.1M) | 122.8M | 32.2M | (137.3M) | (157.9M) | (150.0M) | |
Retained Earnings | (204.1M) | (290.8M) | (416.5M) | (646.3M) | (875.8M) | (832.1M) | |
Accounts Payable | 8.2M | 3.4M | 13.7M | 34.7M | 20.5M | 16.4M | |
Other Assets | 808K | 1.2M | 13.7M | 62.5M | 1.0 | 0.95 | |
Net Receivables | 4.4M | 131K | 3.3M | 3.5M | 20.5M | 21.6M | |
Inventory | 0.0 | 214K | 13.0M | 23.3M | 17.1M | 10.0M | |
Total Current Assets | 6.0M | 127.4M | 142.6M | 55.1M | 122.3M | 84.5M | |
Property Plant Equipment | 5.3M | 5.7M | 12.9M | 31.5M | 36.2M | 38.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Eos Energy Enterprises is a strong investment it is important to analyze Eos Energy'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 Eos Energy's future performance. For an informed investment choice regarding Eos Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Industrial Machinery & Supplies & Components 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 Eos Energy. If investors know Eos 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 Eos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.46) | Revenue Per Share 0.075 | Quarterly Revenue Growth 0.249 | Return On Assets (0.55) | Return On Equity (28.16) |
The market value of Eos Energy Enterprises is measured differently than its book value, which is the value of Eos that is recorded on the company's balance sheet. Investors also form their own opinion of Eos Energy's value that differs from its market value or its book value, called intrinsic value, which is Eos Energy'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 Eos Energy's market value can be influenced by many factors that don't directly affect Eos Energy'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 Eos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eos Energy'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.