Fiberweb Total Other Income Expense Net vs Income Before Tax Analysis

FIBERWEB   63.00  3.00  5.00%   
Fiberweb financial indicator trend analysis is much more than just examining Fiberweb Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fiberweb Limited is a good investment. Please check the relationship between Fiberweb Total Other Income Expense Net and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiberweb 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 metropolitan statistical area.

Total Other Income Expense Net vs Income Before Tax

Total Other Income Expense Net vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiberweb Limited Total Other Income Expense Net account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fiberweb's Total Other Income Expense Net and Income Before Tax is -0.01. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Fiberweb Limited, assuming nothing else is changed. The correlation between historical values of Fiberweb's Total Other Income Expense Net and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Fiberweb Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Other Income Expense Net i.e., Fiberweb's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Fiberweb income statement and is an important metric when analyzing Fiberweb Limited 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.
Most indicators from Fiberweb's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fiberweb Limited 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 Fiberweb 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 metropolitan statistical area.
As of December 27, 2024, Selling General Administrative is expected to decline to about 7.5 M. In addition to that, Tax Provision is expected to decline to about 869.2 K
 2021 2022 2023 2024 (projected)
Interest Expense1.0M6.1M10.2M10.7M
Depreciation And Amortization21.9M23.6M39.9M30.0M

Fiberweb fundamental ratios Correlations

-0.910.020.410.970.84-0.880.28-0.020.82-0.290.09-0.930.880.2-0.41-0.920.860.940.94-0.340.930.710.390.330.6
-0.910.07-0.6-0.97-0.70.99-0.52-0.25-0.60.33-0.390.99-0.8-0.210.090.99-0.92-0.87-0.970.3-0.96-0.75-0.47-0.32-0.48
0.020.070.35-0.11-0.120.030.180.12-0.18-0.060.110.090.01-0.7-0.390.130.2-0.01-0.09-0.11-0.150.410.61-0.60.34
0.41-0.60.350.440.1-0.640.930.52-0.06-0.260.69-0.490.29-0.290.24-0.50.710.360.51-0.250.440.730.52-0.120.21
0.97-0.97-0.110.440.79-0.950.350.10.74-0.310.22-0.990.850.29-0.25-0.990.880.910.97-0.310.980.70.380.40.52
0.84-0.7-0.120.10.79-0.640.01-0.360.82-0.34-0.24-0.750.860.42-0.34-0.730.610.910.82-0.220.820.40.290.340.57
-0.880.990.03-0.64-0.95-0.64-0.57-0.34-0.540.32-0.470.98-0.77-0.150.040.98-0.93-0.83-0.950.29-0.94-0.78-0.49-0.28-0.46
0.28-0.520.180.930.350.01-0.570.47-0.14-0.010.67-0.410.1-0.230.38-0.430.580.240.420.040.350.620.36-0.27-0.03
-0.02-0.250.120.520.1-0.36-0.340.47-0.4-0.170.95-0.19-0.02-0.310.53-0.20.32-0.170.09-0.180.110.290.190.040.03
0.82-0.6-0.18-0.060.740.82-0.54-0.14-0.4-0.04-0.3-0.660.70.44-0.61-0.650.420.740.65-0.210.670.230.00.380.48
-0.290.33-0.06-0.26-0.31-0.340.32-0.01-0.17-0.04-0.170.32-0.620.03-0.180.32-0.43-0.42-0.410.86-0.39-0.28-0.5-0.57-0.65
0.09-0.390.110.690.22-0.24-0.470.670.95-0.3-0.17-0.310.07-0.230.55-0.330.43-0.040.23-0.170.240.360.240.00.1
-0.930.990.09-0.49-0.99-0.750.98-0.41-0.19-0.660.32-0.31-0.83-0.260.151.0-0.9-0.9-0.980.28-0.98-0.72-0.45-0.35-0.5
0.88-0.80.010.290.850.86-0.770.1-0.020.7-0.620.07-0.830.23-0.26-0.820.780.910.87-0.570.870.560.510.470.82
0.2-0.21-0.7-0.290.290.42-0.15-0.23-0.310.440.03-0.23-0.260.230.0-0.27-0.090.240.260.120.33-0.37-0.430.56-0.06
-0.410.09-0.390.24-0.25-0.340.040.380.53-0.61-0.180.550.15-0.260.00.12-0.09-0.32-0.130.07-0.12-0.16-0.110.06-0.33
-0.920.990.13-0.5-0.99-0.730.98-0.43-0.2-0.650.32-0.331.0-0.82-0.270.12-0.89-0.89-0.980.29-0.98-0.71-0.43-0.37-0.48
0.86-0.920.20.710.880.61-0.930.580.320.42-0.430.43-0.90.78-0.09-0.09-0.890.830.91-0.360.880.930.630.180.53
0.94-0.87-0.010.360.910.91-0.830.24-0.170.74-0.42-0.04-0.90.910.24-0.32-0.890.830.95-0.340.920.690.50.320.59
0.94-0.97-0.090.510.970.82-0.950.420.090.65-0.410.23-0.980.870.26-0.13-0.980.910.95-0.320.990.730.460.370.52
-0.340.3-0.11-0.25-0.31-0.220.290.04-0.18-0.210.86-0.170.28-0.570.120.070.29-0.36-0.34-0.32-0.29-0.24-0.35-0.61-0.69
0.93-0.96-0.150.440.980.82-0.940.350.110.67-0.390.24-0.980.870.33-0.12-0.980.880.920.99-0.290.680.410.410.53
0.71-0.750.410.730.70.4-0.780.620.290.23-0.280.36-0.720.56-0.37-0.16-0.710.930.690.73-0.240.680.68-0.080.36
0.39-0.470.610.520.380.29-0.490.360.190.0-0.50.24-0.450.51-0.43-0.11-0.430.630.50.46-0.350.410.68-0.20.57
0.33-0.32-0.6-0.120.40.34-0.28-0.270.040.38-0.570.0-0.350.470.560.06-0.370.180.320.37-0.610.41-0.08-0.20.25
0.6-0.480.340.210.520.57-0.46-0.030.030.48-0.650.1-0.50.82-0.06-0.33-0.480.530.590.52-0.690.530.360.570.25
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Fiberweb Account Relationship Matchups

Fiberweb fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.9B1.8B1.7B1.7B1.4B
Other Current Liab14.2M68.5M2.2M1.4M(66.7M)(63.3M)
Total Current Liabilities139.1M136.8M64.0M83.9M30.3M28.8M
Total Stockholder Equity1.6B1.8B1.7B1.5B1.6B1.7B
Property Plant And Equipment Net907.1M1.0B939.6M1.2B1.2B777.5M
Net Debt(21.2M)(66.8M)(62.9M)61.3M103.1M98.0M
Accounts Payable42.7M68.3M61.8M82.5M26.1M24.8M
Cash82.3M66.8M62.9M2.1M34.2M54.9M
Non Current Assets Total991.7M1.0B958.9M1.2B1.2B970.6M
Non Currrent Assets Other(907.1M)(1.0)2K7.0M7.0M6.7M
Cash And Short Term Investments82.3M66.8M62.9M49.2M36.9M61.3M
Liabilities And Stockholders Equity1.8B1.9B1.8B1.7B1.7B1.4B
Non Current Liabilities Total103.9M1K3K63.4M68.7M65.2M
Inventory299.2M226.8M249.2M238.5M224.5M154.4M
Other Current Assets19.1M32.4M(1K)102.3M133.9M140.5M
Total Liab139.1M136.8M64.0M147.3M99.0M94.0M
Total Current Assets770.0M857.2M816.6M478.1M520.5M468.4M
Retained Earnings811.5M940.8M1.1B892.7M965.4M1.0B
Net Receivables366.9M531.1M504.4M88.1M125.2M118.9M
Accumulated Other Comprehensive Income225.7M370.6M73.1M63.8M1.3B1.4B
Net Invested Capital1.7B1.8B1.7B1.6B1.7B1.8B
Net Working Capital630.9M720.4M752.6M394.2M421.5M470.0M

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Other Information on Investing in Fiberweb Stock

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