Fineotex Ebitda vs Net Income Analysis

FCL Stock

358.50 5.85 1.66%

Fineotex Chemical financial indicator trend analysis is much more than just examining Fineotex Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fineotex Chemical is a good investment. Please check the relationship between Fineotex Chemical Ebitda and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fineotex Chemical Limited. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fineotex Chemical Ebitda account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Fineotex Chemical's Ebitda and Net Income is 0.99. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Fineotex Chemical Limited, assuming nothing else is changed. The correlation between historical values of Fineotex Chemical's Ebitda and Net 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 Ebitda of Fineotex Chemical Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Fineotex Chemical's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Fineotex Chemical financial statement analysis. It represents the amount of money remaining after all of Fineotex Chemical Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Fineotex Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fineotex Chemical 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 Fineotex Chemical Limited. 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.

At present, Fineotex Chemical's Tax Provision is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.8B	2.2B	2.3B
Total Revenue	3.7B	5.2B	5.7B	6.0B

Gross Profit Total Revenue

Fineotex Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Net Receivables	Non Current Liabilities Total	Inventory	Good Will	Short Term Investments	Current Deferred Revenue	Retained Earnings	Accounts Payable	Short Term Debt
Total Assets		0.52	0.98	1.0	-0.73	0.67	0.98	0.13	0.85	0.32	0.69	-0.03	0.98	0.98	0.46	0.47	0.99	0.98	0.6	0.93	0.79	-0.22	0.04	0.99	0.96	0.67
Other Current Liab	0.52		0.58	0.51	-0.44	0.48	0.46	-0.1	0.67	0.27	0.77	0.38	0.61	0.56	-0.02	0.6	0.54	0.47	0.87	0.48	0.15	-0.05	-0.16	0.51	0.55	0.22
Total Current Liabilities	0.98	0.58		0.98	-0.77	0.7	0.93	0.12	0.86	0.33	0.76	0.02	1.0	1.0	0.43	0.41	0.98	0.98	0.62	0.94	0.75	-0.23	0.09	0.97	0.98	0.59
Total Stockholder Equity	1.0	0.51	0.98		-0.71	0.66	0.99	0.13	0.85	0.31	0.66	-0.05	0.97	0.98	0.47	0.47	0.99	0.97	0.58	0.92	0.79	-0.22	0.03	0.99	0.95	0.68
Net Debt	-0.73	-0.44	-0.77	-0.71		-0.96	-0.62	0.18	-0.62	-0.39	-0.72	0.06	-0.76	-0.8	-0.48	-0.33	-0.69	-0.76	-0.31	-0.84	-0.46	0.24	-0.21	-0.68	-0.74	-0.55
Cash	0.67	0.48	0.7	0.66	-0.96		0.57	-0.18	0.59	0.44	0.72	-0.04	0.7	0.74	0.52	0.52	0.63	0.7	0.34	0.79	0.4	-0.18	0.2	0.62	0.65	0.63
Non Current Assets Total	0.98	0.46	0.93	0.99	-0.62	0.57		0.18	0.82	0.28	0.57	-0.05	0.93	0.93	0.47	0.48	0.97	0.93	0.57	0.85	0.81	-0.19	-0.04	0.98	0.91	0.7
Non Currrent Assets Other	0.13	-0.1	0.12	0.13	0.18	-0.18	0.18		0.23	0.26	-0.02	0.18	0.12	0.08	0.24	0.13	0.13	0.04	0.15	-0.02	0.25	0.65	-0.11	0.11	0.09	0.03
Cash And Short Term Investments	0.85	0.67	0.86	0.85	-0.62	0.59	0.82	0.23		0.37	0.69	0.14	0.87	0.86	0.23	0.49	0.86	0.77	0.78	0.72	0.6	0.02	-0.24	0.84	0.83	0.49
Common Stock Shares Outstanding	0.32	0.27	0.33	0.31	-0.39	0.44	0.28	0.26	0.37		0.23	-0.03	0.33	0.34	0.73	0.4	0.2	0.27	0.27	0.33	0.41	-0.11	0.11	0.21	0.17	0.32
Other Current Assets	0.69	0.77	0.76	0.66	-0.72	0.72	0.57	-0.02	0.69	0.23		0.33	0.78	0.76	0.11	0.53	0.7	0.69	0.72	0.75	0.21	-0.12	0.15	0.66	0.76	0.33
Other Stockholder Equity	-0.03	0.38	0.02	-0.05	0.06	-0.04	-0.05	0.18	0.14	-0.03	0.33		0.04	-0.02	-0.26	0.11	0.03	-0.14	0.33	-0.04	-0.12	0.26	-0.44	-0.04	0.04	-0.05
Total Liab	0.98	0.61	1.0	0.97	-0.76	0.7	0.93	0.12	0.87	0.33	0.78	0.04		0.99	0.4	0.44	0.98	0.97	0.66	0.94	0.73	-0.22	0.07	0.97	0.98	0.57
Total Current Assets	0.98	0.56	1.0	0.98	-0.8	0.74	0.93	0.08	0.86	0.34	0.76	-0.02	0.99		0.44	0.44	0.97	0.98	0.6	0.96	0.73	-0.25	0.11	0.97	0.98	0.61
Common Stock	0.46	-0.02	0.43	0.47	-0.48	0.52	0.47	0.24	0.23	0.73	0.11	-0.26	0.4	0.44		0.3	0.36	0.48	-0.06	0.48	0.65	-0.23	0.43	0.39	0.31	0.53
Short Long Term Debt Total	0.47	0.6	0.41	0.47	-0.33	0.52	0.48	0.13	0.49	0.4	0.53	0.11	0.44	0.44	0.3		0.41	0.38	0.6	0.41	0.16	0.14	-0.08	0.44	0.32	0.62
Property Plant And Equipment Net	0.99	0.54	0.98	0.99	-0.69	0.63	0.97	0.13	0.86	0.2	0.7	0.03	0.98	0.97	0.36	0.41		0.97	0.61	0.91	0.76	-0.19	0.0	0.99	0.98	0.62
Net Receivables	0.98	0.47	0.98	0.97	-0.76	0.7	0.93	0.04	0.77	0.27	0.69	-0.14	0.97	0.98	0.48	0.38	0.97		0.49	0.95	0.77	-0.31	0.2	0.97	0.96	0.64
Non Current Liabilities Total	0.6	0.87	0.62	0.58	-0.31	0.34	0.57	0.15	0.78	0.27	0.72	0.33	0.66	0.6	-0.06	0.6	0.61	0.49		0.49	0.2	0.01	-0.3	0.59	0.61	0.13
Inventory	0.93	0.48	0.94	0.92	-0.84	0.79	0.85	-0.02	0.72	0.33	0.75	-0.04	0.94	0.96	0.48	0.41	0.91	0.95	0.49		0.66	-0.32	0.19	0.91	0.93	0.6
Good Will	0.79	0.15	0.75	0.79	-0.46	0.4	0.81	0.25	0.6	0.41	0.21	-0.12	0.73	0.73	0.65	0.16	0.76	0.77	0.2	0.66		-0.22	0.02	0.77	0.7	0.65
Short Term Investments	-0.22	-0.05	-0.23	-0.22	0.24	-0.18	-0.19	0.65	0.02	-0.11	-0.12	0.26	-0.22	-0.25	-0.23	0.14	-0.19	-0.31	0.01	-0.32	-0.22		-0.34	-0.22	-0.22	0.0
Current Deferred Revenue	0.04	-0.16	0.09	0.03	-0.21	0.2	-0.04	-0.11	-0.24	0.11	0.15	-0.44	0.07	0.11	0.43	-0.08	0.0	0.2	-0.3	0.19	0.02	-0.34		0.01	0.07	-0.04
Retained Earnings	0.99	0.51	0.97	0.99	-0.68	0.62	0.98	0.11	0.84	0.21	0.66	-0.04	0.97	0.97	0.39	0.44	0.99	0.97	0.59	0.91	0.77	-0.22	0.01		0.96	0.66
Accounts Payable	0.96	0.55	0.98	0.95	-0.74	0.65	0.91	0.09	0.83	0.17	0.76	0.04	0.98	0.98	0.31	0.32	0.98	0.96	0.61	0.93	0.7	-0.22	0.07	0.96		0.51
Short Term Debt	0.67	0.22	0.59	0.68	-0.55	0.63	0.7	0.03	0.49	0.32	0.33	-0.05	0.57	0.61	0.53	0.62	0.62	0.64	0.13	0.6	0.65	0.0	-0.04	0.66	0.51

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Fineotex Chemical Account Relationship Matchups

Fineotex Chemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.7B	3.4B	4.2B	5.5B	5.8B
Other Current Liab	16.0M	84.6M	72.3M	103.3M	113.8M	119.5M
Total Current Liabilities	313.2M	497.4M	680.7M	627.2M	894.1M	938.8M
Total Stockholder Equity	1.7B	2.1B	2.6B	3.5B	4.5B	4.7B
Net Debt	(143.4M)	(196.8M)	(289.3M)	(302.9M)	(175.5M)	(184.3M)
Cash	173.8M	231.6M	308.4M	375.7M	227.5M	153.1M
Non Current Assets Total	924.6M	1.0B	1.1B	2.0B	2.6B	2.8B
Non Currrent Assets Other	159.5M	53.3M	43.3M	45.0M	264.6M	277.8M
Cash And Short Term Investments	258.8M	279.3M	308.4M	611.9M	732.0M	768.6M
Liabilities And Stockholders Equity	2.1B	2.7B	3.4B	4.2B	5.5B	5.8B
Other Current Assets	2K	262.7M	298.6M	255.3M	237.2M	249.0M
Other Stockholder Equity	118.0M	(1.5B)	(1.6B)	80.6M	81.7M	85.8M
Total Liab	318.7M	509.9M	701.0M	659.0M	945.9M	993.2M
Total Current Assets	1.2B	1.6B	2.3B	2.2B	2.9B	3.0B
Short Long Term Debt Total	30.4M	34.8M	19.1M	72.8M	51.9M	30.5M
Property Plant And Equipment Net	313.1M	540.7M	739.6M	891.6M	1.3B	1.4B
Net Receivables	684.3M	886.7M	1.1B	1.0B	1.4B	1.5B
Non Current Liabilities Total	5.5M	12.5M	20.2M	31.9M	51.8M	54.4M
Inventory	210.9M	287.5M	595.9M	472.9M	501.1M	526.1M
Accumulated Other Comprehensive Income	(34.5M)	2.6M	12.7M	39.0M	(134.2M)	(127.5M)
Short Term Investments	85.0M	47.8M	1K	236.2M	117.0M	107.4M
Current Deferred Revenue	33.1M	80.7M	57.2M	(6.1M)	2.4M	2.3M
Retained Earnings	1.4B	1.8B	2.3B	3.1B	4.3B	4.5B
Accounts Payable	233.8M	368.4M	587.7M	473.6M	728.0M	764.4M
Short Term Debt	30.4M	41.6M	19.1M	72.8M	51.9M	33.3M
Net Tangible Assets	1.6B	2.0B	2.6B	3.4B	3.9B	4.1B
Other Assets	164.9M	225.6M	221.8M	45.0M	3K	2.9K
Short Long Term Debt	30.4M	34.1M	18.8M	72.8M	51.9M	35.8M
Property Plant Equipment	313.1M	540.7M	739.6M	891.6M	1.0B	1.1B
Other Liab	5.5M	12.5M	20.2M	31.9M	36.6M	38.5M
Cash And Equivalents	5.5M	107.5M	72.2M	290.1M	333.7M	350.3M
Net Invested Capital	1.7B	2.1B	2.6B	3.6B	4.5B	2.8B
Net Working Capital	840.7M	1.2B	1.6B	1.6B	2.0B	1.3B

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

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Fineotex Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Fineotex Chemical fundamental ratios Correlations

Fineotex Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fineotex Chemical fundamental ratios Accounts

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COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Property Plant And Equipment Net	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Cash	- 0.96	Net Debt
Inventory	- 0.84	Net Debt
Total Current Assets	- 0.8	Net Debt
Net Debt	- 0.77	Total Current Liabilities
Net Receivables	- 0.76	Net Debt
Total Liab	- 0.76	Net Debt