ESAB Tax Provision vs Net Interest Income Analysis

ESAB Stock  USD 117.93  0.40  0.34%   
ESAB Corp financial indicator trend analysis is much more than just examining ESAB Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESAB Corp is a good investment. Please check the relationship between ESAB Corp Tax Provision and its Net Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. 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.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.

Tax Provision vs Net Interest Income

JavaScript chart by amCharts 3.21.152016201820202022202445M50M55M60M65M70M75M80M85M90M95M -75M-70M-65M-60M-55M-50M-45M-40M-35M-30M-25M-20M-15M-10M-5M0
JavaScript chart by amCharts 3.21.15Tax Provisiontotal: 714.4MNet Interest Incometotal: -251.4M

Tax Provision vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESAB Corp Tax Provision account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
Tax ProvisionNet Interest IncomeDiversified AwayTax ProvisionNet Interest IncomeDiversified Away100%
The correlation between ESAB Corp's Tax Provision and Net Interest Income is -0.82. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of ESAB Corp, assuming nothing else is changed. The correlation between historical values of ESAB Corp's Tax Provision and Net Interest 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 Tax Provision of ESAB Corp are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Tax Provision i.e., ESAB Corp's Tax Provision and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from ESAB Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESAB Corp 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 ESAB Corp. 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.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Tax Provision is forecasted to decline to about 71.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense38.0M85.1M97.8M56.3M
Depreciation And Amortization65.1M69.7M62.7M60.3M

ESAB Corp fundamental ratios Correlations

0.870.590.85-0.850.9-0.84-0.770.860.750.210.990.89-0.060.210.920.930.920.850.820.930.790.870.91-0.87-0.86
0.870.350.87-0.980.9-0.99-0.821.00.79-0.060.881.00.22-0.060.740.730.710.930.810.860.880.940.75-0.91-1.0
0.590.350.2-0.290.5-0.29-0.20.310.070.880.520.36-0.170.880.610.440.460.420.330.410.530.390.71-0.23-0.34
0.850.870.2-0.90.85-0.89-0.70.880.97-0.250.840.870.1-0.250.820.760.720.870.930.860.580.90.79-0.92-0.88
-0.85-0.98-0.29-0.9-0.940.990.73-0.99-0.820.13-0.86-0.97-0.330.13-0.7-0.68-0.65-0.97-0.82-0.83-0.83-0.98-0.720.870.99
0.90.90.50.85-0.94-0.92-0.570.90.710.120.910.90.230.120.730.720.670.990.750.780.840.980.77-0.76-0.92
-0.84-0.99-0.29-0.890.99-0.920.75-0.99-0.80.12-0.85-0.99-0.250.12-0.68-0.68-0.64-0.95-0.79-0.8-0.86-0.96-0.70.891.0
-0.77-0.82-0.2-0.70.73-0.570.75-0.82-0.680.13-0.78-0.840.050.13-0.72-0.81-0.84-0.59-0.71-0.87-0.7-0.62-0.670.910.78
0.861.00.310.88-0.990.9-0.99-0.820.8-0.10.871.00.24-0.10.720.720.70.940.820.860.870.940.74-0.91-1.0
0.750.790.070.97-0.820.71-0.8-0.680.8-0.390.720.780.14-0.390.780.670.650.760.950.820.420.80.74-0.9-0.79
0.21-0.060.88-0.250.130.120.120.13-0.1-0.390.16-0.04-0.311.00.220.140.150.01-0.15-0.020.27-0.030.310.190.07
0.990.880.520.84-0.860.91-0.85-0.780.870.720.160.9-0.060.160.860.940.920.860.770.90.820.870.85-0.86-0.87
0.891.00.360.87-0.970.9-0.99-0.841.00.78-0.040.90.16-0.040.750.760.740.920.80.860.890.930.76-0.92-0.99
-0.060.22-0.170.1-0.330.23-0.250.050.240.14-0.31-0.060.16-0.31-0.17-0.3-0.270.340.160.110.160.31-0.060.04-0.23
0.21-0.060.88-0.250.130.120.120.13-0.1-0.391.00.16-0.04-0.310.220.140.150.01-0.15-0.020.27-0.030.310.190.07
0.920.740.610.82-0.70.73-0.68-0.720.720.780.220.860.75-0.170.220.870.880.690.90.90.550.720.98-0.84-0.71
0.930.730.440.76-0.680.72-0.68-0.810.720.670.140.940.76-0.30.140.870.990.650.70.880.660.680.8-0.83-0.7
0.920.710.460.72-0.650.67-0.64-0.840.70.650.150.920.74-0.270.150.880.990.610.710.90.640.640.82-0.82-0.67
0.850.930.420.87-0.970.99-0.95-0.590.940.760.010.860.920.340.010.690.650.610.780.780.831.00.74-0.78-0.95
0.820.810.330.93-0.820.75-0.79-0.710.820.95-0.150.770.80.16-0.150.90.70.710.780.90.490.820.89-0.89-0.8
0.930.860.410.86-0.830.78-0.8-0.870.860.82-0.020.90.860.11-0.020.90.880.90.780.90.680.810.89-0.91-0.82
0.790.880.530.58-0.830.84-0.86-0.70.870.420.270.820.890.160.270.550.660.640.830.490.680.810.61-0.68-0.88
0.870.940.390.9-0.980.98-0.96-0.620.940.8-0.030.870.930.31-0.030.720.680.641.00.820.810.810.76-0.81-0.95
0.910.750.710.79-0.720.77-0.7-0.670.740.740.310.850.76-0.060.310.980.80.820.740.890.890.610.76-0.8-0.73
-0.87-0.91-0.23-0.920.87-0.760.890.91-0.91-0.90.19-0.86-0.920.040.19-0.84-0.83-0.82-0.78-0.89-0.91-0.68-0.81-0.80.9
-0.86-1.0-0.34-0.880.99-0.921.00.78-1.0-0.790.07-0.87-0.99-0.230.07-0.71-0.7-0.67-0.95-0.8-0.82-0.88-0.95-0.730.9
Click cells to compare fundamentals

ESAB Corp Account Relationship Matchups

ESAB Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.4B3.5B3.8B3.8B4.4B3.9B
Short Long Term Debt Total97.0M109.2M1.2B1.1B1.3B1.3B
Other Current Liab127.9M149.5M191.1M213.8M245.8M194.2M
Total Current Liabilities460.8M596.6M601.6M620.1M713.1M597.3M
Total Stockholder Equity2.5B2.5B1.4B1.6B1.4B1.7B
Property Plant And Equipment Net395.9M394.2M376.3M389.9M350.9M313.0M
Net Debt47.8M68.0M1.2B1.0B1.2B1.2B
Accounts Payable241.3M345.5M316.3M306.6M352.6M317.9M
Cash49.2M41.2M72.0M102.0M117.3M81.2M
Non Current Assets Total2.6B2.5B2.8B2.8B3.3B2.9B
Non Currrent Assets Other54.4M48.5M342.2M343.6M395.2M414.9M
Other Assets54.4M48.5M342.2M1.01.151.09
Cash And Short Term Investments49.2M41.2M72.0M102.0M117.3M81.2M
Net Receivables329.6M383.5M374.3M385.2M443.0M404.1M
Good Will1.6B1.5B1.5B1.6B1.8B1.7B
Liabilities And Stockholders Equity3.4B3.5B3.8B3.8B4.4B3.9B
Non Current Liabilities Total380.2M362.9M1.8B1.6B1.8B977.2M
Inventory313.4M420.1M416.8M392.9M451.8M416.4M
Other Current Assets112.8M119.3M125.5M117.7M135.3M130.0M
Other Stockholder Equity(396.2M)(2.9B)1.9B1.9B2.2B2.3B
Total Liab841.1M959.5M2.4B2.2B2.5B1.6B
Total Current Assets804.9M964.1M988.7M997.7M1.1B1.0B
Accumulated Other Comprehensive Income(396.2M)(460.9M)(675.0M)(624.3M)(561.8M)(589.9M)
Intangible Assets577.4M521.4M517.2M499.5M449.6M431.7M

Also Currently Popular

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 ESAB Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESAB Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Esab Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Esab Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESAB Corp. 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.
For information on how to trade ESAB Stock refer to our How to Trade ESAB Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 ESAB Corp. If investors know ESAB 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 ESAB Corp 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
0.179
Dividend Share
0.28
Earnings Share
4.45
Revenue Per Share
45.704
Quarterly Revenue Growth
(0.01)
The market value of ESAB Corp is measured differently than its book value, which is the value of ESAB that is recorded on the company's balance sheet. Investors also form their own opinion of ESAB Corp's value that differs from its market value or its book value, called intrinsic value, which is ESAB Corp'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 ESAB Corp's market value can be influenced by many factors that don't directly affect ESAB Corp'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 ESAB Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESAB Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESAB Corp'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.