Krebs Net Income From Continuing Ops vs Income Before Tax Analysis

KREBSBIO   104.14  8.79  7.78%   
Krebs Biochemicals financial indicator trend analysis is infinitely more than just investigating Krebs Biochemicals and recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Krebs Biochemicals and is a good investment. Please check the relationship between Krebs Biochemicals Net Income From Continuing Ops and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Krebs Biochemicals and. 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.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Krebs Biochemicals and Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Krebs Biochemicals' Net Income From Continuing Ops and Income Before Tax is 0.91. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Krebs Biochemicals and, assuming nothing else is changed. The correlation between historical values of Krebs Biochemicals' Net Income From Continuing Ops 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 Net Income From Continuing Ops of Krebs Biochemicals and 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 Net Income From Continuing Ops i.e., Krebs Biochemicals' Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Krebs Biochemicals income statement and is an important metric when analyzing Krebs Biochemicals and 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 Krebs Biochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Krebs Biochemicals and 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Krebs Biochemicals and. 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 Selling General Administrative is estimated to decrease to about 5.7 M. The current Issuance Of Capital Stock is estimated to decrease to about 61.2 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses195.1M488.0M46.2M43.8M
Cost Of Revenue737M256.8M613.0M342.2M

Krebs Biochemicals fundamental ratios Correlations

0.090.610.590.17-0.850.850.490.30.00.49-0.64-0.1-0.510.88-0.340.30.320.88-0.540.97-0.260.2-0.890.670.82
0.090.270.120.010.160.390.170.2-0.130.840.46-0.250.740.460.310.330.330.440.70.220.02-0.31-0.18-0.19-0.08
0.610.270.870.07-0.780.540.950.23-0.190.65-0.05-0.43-0.030.78-0.10.110.670.76-0.110.69-0.260.09-0.870.310.54
0.590.120.870.0-0.740.520.880.05-0.210.5-0.14-0.4-0.140.69-0.180.160.40.66-0.240.69-0.310.01-0.790.530.66
0.170.010.070.0-0.310.14-0.040.55-0.07-0.05-0.290.14-0.230.070.68-0.04-0.110.30.170.070.790.11-0.13-0.23-0.17
-0.850.16-0.78-0.74-0.31-0.65-0.7-0.330.12-0.320.610.210.61-0.750.2-0.13-0.39-0.790.57-0.810.15-0.270.91-0.55-0.71
0.850.390.540.520.14-0.650.410.24-0.040.73-0.53-0.05-0.170.87-0.270.460.360.84-0.240.83-0.180.11-0.810.580.62
0.490.170.950.88-0.04-0.70.41-0.02-0.210.550.03-0.430.010.67-0.17-0.070.620.62-0.140.57-0.250.04-0.760.240.46
0.30.20.230.050.55-0.330.24-0.02-0.060.19-0.28-0.18-0.180.260.540.210.080.420.180.290.09-0.04-0.320.030.06
0.0-0.13-0.19-0.21-0.070.12-0.04-0.21-0.06-0.22-0.160.86-0.1-0.18-0.31-0.32-0.03-0.17-0.01-0.03-0.050.480.130.270.04
0.490.840.650.5-0.05-0.320.730.550.19-0.220.16-0.370.460.80.00.430.530.740.320.59-0.18-0.21-0.640.150.31
-0.640.46-0.05-0.14-0.290.61-0.530.03-0.28-0.160.16-0.310.81-0.30.32-0.130.12-0.340.71-0.480.05-0.340.42-0.62-0.5
-0.1-0.25-0.43-0.40.140.21-0.05-0.43-0.180.86-0.37-0.31-0.14-0.34-0.23-0.24-0.23-0.3-0.04-0.210.290.450.30.14-0.13
-0.510.74-0.03-0.14-0.230.61-0.170.01-0.18-0.10.460.81-0.14-0.130.270.110.23-0.190.87-0.370.1-0.330.31-0.48-0.47
0.880.460.780.690.07-0.750.870.670.26-0.180.8-0.3-0.34-0.13-0.210.350.510.97-0.220.93-0.30.04-0.90.480.7
-0.340.31-0.1-0.180.680.2-0.27-0.170.54-0.310.00.32-0.230.27-0.21-0.11-0.19-0.010.66-0.320.65-0.340.25-0.61-0.58
0.30.330.110.16-0.04-0.130.46-0.070.21-0.320.43-0.13-0.240.110.35-0.110.260.310.040.37-0.210.11-0.30.410.47
0.320.330.670.4-0.11-0.390.360.620.08-0.030.530.12-0.230.230.51-0.190.260.460.090.42-0.310.48-0.530.220.36
0.880.440.760.660.3-0.790.840.620.42-0.170.74-0.34-0.3-0.190.97-0.010.310.46-0.170.91-0.130.07-0.880.40.63
-0.540.7-0.11-0.240.170.57-0.24-0.140.18-0.010.320.71-0.040.87-0.220.660.040.09-0.17-0.430.38-0.310.36-0.57-0.61
0.970.220.690.690.07-0.810.830.570.29-0.030.59-0.48-0.21-0.370.93-0.320.370.420.91-0.43-0.360.16-0.90.690.87
-0.260.02-0.26-0.310.790.15-0.18-0.250.09-0.05-0.180.050.290.1-0.30.65-0.21-0.31-0.130.38-0.36-0.120.28-0.57-0.55
0.2-0.310.090.010.11-0.270.110.04-0.040.48-0.21-0.340.45-0.330.04-0.340.110.480.07-0.310.16-0.12-0.130.390.34
-0.89-0.18-0.87-0.79-0.130.91-0.81-0.76-0.320.13-0.640.420.30.31-0.90.25-0.3-0.53-0.880.36-0.90.28-0.13-0.58-0.75
0.67-0.190.310.53-0.23-0.550.580.240.030.270.15-0.620.14-0.480.48-0.610.410.220.4-0.570.69-0.570.39-0.580.87
0.82-0.080.540.66-0.17-0.710.620.460.060.040.31-0.5-0.13-0.470.7-0.580.470.360.63-0.610.87-0.550.34-0.750.87
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Krebs Biochemicals Account Relationship Matchups

Krebs Biochemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding16.6M18.0M19.6M21.6M24.8M15.6M
Total Assets1.3B1.6B1.9B1.7B1.8B1.3B
Short Long Term Debt Total812.1M1.1B1.4B1.8B2.4B2.5B
Other Current Liab165.0M274.2M148.1M237.0M326.9M343.2M
Total Current Liabilities431.3M481.9M780.6M491.0M618.3M539.4M
Total Stockholder Equity(250.0M)(427.3M)(750.9M)(994.6M)(1.2B)(1.1B)
Property Plant And Equipment Net1.1B1.3B1.4B1.5B1.5B1.1B
Net Debt811.6M998.4M580.7M1.8B2.4B2.5B
Accounts Payable200.3M207.8M379.1M152.8M189.7M207.4M
Cash560K7.1M324K858K1.4M1.3M
Non Current Assets Total1.1B1.4B1.5B1.6B1.6B1.4B
Non Currrent Assets Other54.6M57.0M(1K)51.5M89.6M169.8M
Cash And Short Term Investments560K10.8M324K3.7M1.4M1.3M
Net Receivables2.8M3.0M19.5M6.5M47.3M66.4M
Liabilities And Stockholders Equity1.3B1.6B1.9B1.7B1.8B1.3B
Non Current Liabilities Total1.2B1.5B1.9B2.3B2.4B1.3B
Inventory150.0M166.0M255.6M119.5M102.4M145.7M
Other Current Assets34.1M34.4M79.5M29.7M23.3M32.0M
Other Stockholder Equity1.1B(623.5M)1.2B1.3B1.5B1.6B
Total Liab1.6B2.0B2.6B2.7B3.0B1.8B
Total Current Assets188.6M214.2M354.9M160.6M174.4M278.7M
Accumulated Other Comprehensive Income(1.3B)(1.4B)152.2M110.5M114.4M120.2M
Common Stock166.3M180.0M196.2M215.6M247.9M154.5M
Short Term Debt11.6M105.9M101.7M101.2M101.8M128.9M
Current Deferred Revenue110.5M(105.9M)151.8M115.4M132.7M121.4M
Retained Earnings(1.5B)(1.8B)(2.3B)(2.5B)(2.7B)(2.6B)
Intangible Assets37.7M35.1M28.7M26.9M25.0M27.7M
Other Liab515.7M501.6M532.1M539.0M619.9M439.3M
Net Tangible Assets(161.4M)(268.4M)(445.8M)(769.4M)(692.5M)(657.8M)
Other Assets73.8M96.0M82.5M27.1M24.4M23.2M
Long Term Debt655.1M1.0B1.3B1.7B1.8B1.9B
Deferred Long Term Liab21.8M19.2M16.6M10.2M9.2M8.8M
Short Long Term Debt7.1M105.9M99.9M99.9M99.3M113.0M
Property Plant Equipment1.1B1.3B1.4B1.5B1.7B1.1B
Long Term Debt Total655.1M1.0B1.3B1.7B2.0B2.1B
Cash And Equivalents4.2M147M0.0(1K)(900.0)(855.0)

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Other Information on Investing in Krebs Stock

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