FCS Income Before Tax vs Interest Income Analysis

FCSSOFT Stock   3.46  0.02  0.57%   
FCS Software financial indicator trend analysis is much more than just examining FCS Software Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FCS Software Solutions is a good investment. Please check the relationship between FCS Software Income Before Tax and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FCS Software Solutions Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between FCS Software's Income Before Tax and Interest Income is 0.13. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income in the same time period over historical financial statements of FCS Software Solutions, assuming nothing else is changed. The correlation between historical values of FCS Software's Income Before Tax and 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 Income Before Tax of FCS Software Solutions are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., FCS Software's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

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

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from FCS Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FCS Software Solutions 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 FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Selling General Administrative is likely to drop to about 14.6 M in 2024. Tax Provision is likely to gain to about (428.4 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense22.3M17.4M62.7M65.8M
Depreciation And Amortization38.6M42.0M36.1M34.3M

FCS Software fundamental ratios Correlations

-0.24-0.460.170.99-0.35-0.350.440.320.910.110.360.240.51-0.420.160.550.62-0.430.440.340.420.430.76-0.070.01
-0.24-0.51-0.7-0.280.770.83-0.74-0.630.00.14-0.66-0.430.390.88-0.41-0.25-0.360.59-0.580.38-0.58-0.4-0.68-0.350.45
-0.46-0.510.72-0.48-0.23-0.30.190.21-0.5-0.260.160.0-0.46-0.40.02-0.21-0.10.160.01-0.320.090.280.040.71-0.5
0.17-0.70.720.16-0.56-0.550.560.420.04-0.120.440.18-0.24-0.760.10.20.43-0.10.35-0.210.460.610.580.67-0.43
0.99-0.28-0.480.16-0.41-0.380.440.320.880.190.390.230.48-0.470.180.540.63-0.530.450.310.40.390.75-0.070.03
-0.350.77-0.23-0.56-0.410.72-0.62-0.46-0.12-0.39-0.65-0.350.260.83-0.3-0.27-0.40.68-0.540.3-0.43-0.33-0.53-0.180.03
-0.350.83-0.3-0.55-0.380.72-0.88-0.910.010.19-0.96-0.620.440.82-0.55-0.52-0.290.64-0.880.52-0.74-0.27-0.73-0.060.33
0.44-0.740.190.560.44-0.62-0.880.890.08-0.320.870.78-0.45-0.660.440.550.22-0.380.93-0.580.830.530.86-0.12-0.15
0.32-0.630.210.420.32-0.46-0.910.89-0.05-0.480.930.7-0.46-0.560.570.620.15-0.370.95-0.580.80.240.73-0.17-0.33
0.910.0-0.50.040.88-0.120.010.08-0.050.21-0.02-0.070.76-0.21-0.070.310.6-0.260.050.640.120.360.520.080.02
0.110.14-0.26-0.120.19-0.390.19-0.32-0.480.21-0.16-0.330.32-0.12-0.15-0.260.08-0.37-0.320.28-0.46-0.02-0.310.110.54
0.36-0.660.160.440.39-0.65-0.960.870.93-0.02-0.160.65-0.42-0.690.580.590.19-0.580.94-0.560.710.240.68-0.11-0.16
0.24-0.430.00.180.23-0.35-0.620.780.7-0.07-0.330.65-0.63-0.260.070.130.0-0.180.76-0.770.810.230.58-0.380.02
0.510.39-0.46-0.240.480.260.44-0.45-0.460.760.32-0.42-0.630.14-0.030.130.28-0.03-0.420.95-0.480.1-0.040.170.09
-0.420.88-0.4-0.76-0.470.830.82-0.66-0.56-0.21-0.12-0.69-0.260.14-0.34-0.32-0.570.72-0.540.16-0.5-0.38-0.68-0.480.41
0.16-0.410.020.10.18-0.3-0.550.440.57-0.07-0.150.580.07-0.03-0.340.65-0.03-0.390.55-0.150.20.170.3-0.18-0.01
0.55-0.25-0.210.20.54-0.27-0.520.550.620.31-0.260.590.130.13-0.320.650.28-0.260.680.040.430.260.61-0.26-0.03
0.62-0.36-0.10.430.63-0.4-0.290.220.150.60.080.190.00.28-0.57-0.030.28-0.410.190.280.440.030.540.28-0.42
-0.430.590.16-0.1-0.530.680.64-0.38-0.37-0.26-0.37-0.58-0.18-0.030.72-0.39-0.26-0.41-0.430.03-0.230.08-0.39-0.020.14
0.44-0.580.010.350.45-0.54-0.880.930.950.05-0.320.940.76-0.42-0.540.550.680.19-0.43-0.580.810.30.77-0.33-0.08
0.340.38-0.32-0.210.310.30.52-0.58-0.580.640.28-0.56-0.770.950.16-0.150.040.280.03-0.58-0.560.0-0.150.31-0.03
0.42-0.580.090.460.4-0.43-0.740.830.80.12-0.460.710.81-0.48-0.50.20.430.44-0.230.81-0.560.220.79-0.14-0.34
0.43-0.40.280.610.39-0.33-0.270.530.240.36-0.020.240.230.1-0.380.170.260.030.080.30.00.220.590.310.16
0.76-0.680.040.580.75-0.53-0.730.860.730.52-0.310.680.58-0.04-0.680.30.610.54-0.390.77-0.150.790.590.06-0.3
-0.07-0.350.710.67-0.07-0.18-0.06-0.12-0.170.080.11-0.11-0.380.17-0.48-0.18-0.260.28-0.02-0.330.31-0.140.310.06-0.5
0.010.45-0.5-0.430.030.030.33-0.15-0.330.020.54-0.160.020.090.41-0.01-0.03-0.420.14-0.08-0.03-0.340.16-0.3-0.5
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FCS Software Account Relationship Matchups

FCS Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.4B3.8B3.9B4.6B3.8B
Short Long Term Debt Total299.6M246.1M218.1M186.1M214.0M152.7M
Other Current Liab4.0M46.0M22.5M56.9M20.9M19.9M
Total Current Liabilities49.1M96.7M77.5M104.8M120.7M154.1M
Total Stockholder Equity3.0B3.0B3.5B3.6B4.3B4.2B
Property Plant And Equipment Net2.1B2.0B2.0B385.0M344.7M327.4M
Net Debt245.8M216.3M188.4M162.6M(15.6M)(16.4M)
Retained Earnings(3.0B)(3.1B)(3.1B)(3.1B)(2.9B)(2.7B)
Cash25.1M29.8M29.7M23.5M15.6M14.8M
Non Current Assets Total3.3B3.2B3.7B3.8B4.3B3.2B
Non Currrent Assets Other250.1M287.8M278.7M1.8B2.9B3.0B
Cash And Short Term Investments25.1M29.8M43.8M52.9M198.6M185.7M
Net Receivables88.6M85.5M27.7M43.4M29.4M28.0M
Liabilities And Stockholders Equity3.4B3.4B3.8B3.9B4.6B3.8B
Non Current Liabilities Total323.7M268.8M234.9M200.9M50.2M47.7M
Inventory(88.6M)69.8M3.6M144K(1.7M)(1.6M)
Other Current Assets90.3M22.3M39.8M8.4M58.5M55.6M
Other Stockholder Equity922.4M2.5B2.5B2.5B3.2B2.7B
Total Liab372.8M365.5M312.3M305.6M170.9M162.4M
Total Current Assets115.5M207.4M99.3M104.6M284.9M270.6M
Accumulated Other Comprehensive Income(304.3M)1.9B2.4B2.5B2.3B2.4B
Accounts Payable15.3M10.7M10.7M10.5M4.5M4.3M
Intangible Assets1.7M1.5M1.4M1.4M1.3M1.2M
Current Deferred Revenue1.1M12.4M9.9M4.7M91.3M47.5M
Short Term Investments(98K)5.2M14.2M29.3M183.0M192.1M
Short Term Debt28.6M27.6M30.8M32.8M(91.3M)(86.8M)
Other Liab49.0M52.8M50.3M47.6M54.7M31.5M
Net Tangible Assets3.4B3.0B3.0B3.5B4.0B3.0B
Long Term Debt274.3M270.9M218.5M187.3M153.3M0.0
Property Plant Equipment2.1B2.1B2.0B385.0M442.7M420.6M
Long Term Debt Total270.9M218.5M187.3M153.3M176.3M141.1M
Net Invested Capital3.3B3.2B3.7B3.8B4.3B4.0B

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