Lifetime Operating Income vs Income Before Tax Analysis

LCUT Stock  USD 6.13  0.24  4.07%   
Lifetime Brands financial indicator trend analysis is infinitely more than just investigating Lifetime Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lifetime Brands is a good investment. Please check the relationship between Lifetime Brands Operating Income and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Lifetime Stock please use our How to Invest in Lifetime Brands guide.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lifetime Brands Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lifetime Brands' Operating Income and Income Before Tax is 0.4. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Lifetime Brands, assuming nothing else is changed. The correlation between historical values of Lifetime Brands' Operating Income 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 Operating Income of Lifetime Brands 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 Operating Income i.e., Lifetime Brands' Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Lifetime Brands operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lifetime Brands is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Lifetime Brands income statement and is an important metric when analyzing Lifetime Brands 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 Lifetime Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lifetime Brands 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 Lifetime Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Lifetime Stock please use our How to Invest in Lifetime Brands guide.At this time, Lifetime Brands' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.31 in 2024, whereas Selling General Administrative is likely to drop slightly above 116.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15.5M17.2M21.7M22.8M
Depreciation And Amortization21.2M18.1M19.6M20.5M

Lifetime Brands fundamental ratios Correlations

0.960.620.870.790.860.95-0.350.810.97-0.560.810.940.790.910.860.850.970.980.670.870.650.950.880.890.9
0.960.520.790.650.911.0-0.50.80.98-0.640.80.840.860.950.780.80.890.990.680.780.680.960.80.890.89
0.620.520.840.390.480.49-0.390.740.46-0.290.740.70.50.440.660.470.610.630.510.640.680.470.830.550.55
0.870.790.840.580.810.77-0.460.90.73-0.550.90.920.680.690.820.760.840.870.720.820.820.70.980.760.76
0.790.650.390.580.480.650.20.510.74-0.350.510.760.530.750.870.620.790.690.230.880.350.730.610.760.75
0.860.910.480.810.480.9-0.660.810.84-0.740.810.790.750.830.690.760.790.910.770.710.790.770.770.780.78
0.951.00.490.770.650.9-0.50.770.98-0.630.770.830.850.950.760.80.890.980.680.770.650.960.770.880.89
-0.35-0.5-0.39-0.460.2-0.66-0.5-0.48-0.340.32-0.48-0.31-0.48-0.34-0.13-0.42-0.32-0.47-0.76-0.15-0.66-0.32-0.38-0.39-0.4
0.810.80.740.90.510.810.77-0.480.71-0.641.00.820.760.740.780.630.740.850.580.80.840.690.880.750.76
0.970.980.460.730.740.840.98-0.340.71-0.580.710.840.80.950.770.80.910.960.620.780.560.990.760.880.88
-0.56-0.64-0.29-0.55-0.35-0.74-0.630.32-0.64-0.58-0.64-0.44-0.63-0.69-0.6-0.2-0.38-0.64-0.22-0.6-0.53-0.49-0.54-0.5-0.5
0.810.80.740.90.510.810.77-0.481.00.71-0.640.820.760.740.780.630.740.850.580.80.840.690.880.750.76
0.940.840.70.920.760.790.83-0.310.820.84-0.440.820.640.760.840.870.960.910.720.860.670.810.920.810.82
0.790.860.50.680.530.750.85-0.480.760.8-0.630.760.640.890.760.590.680.840.530.760.650.810.70.920.92
0.910.950.440.690.750.830.95-0.340.740.95-0.690.740.760.890.850.670.820.930.490.860.620.930.710.920.92
0.860.780.660.820.870.690.76-0.130.780.77-0.60.780.840.760.850.640.810.840.390.990.660.740.820.860.86
0.850.80.470.760.620.760.8-0.420.630.8-0.20.630.870.590.670.640.940.820.850.650.570.790.740.780.78
0.970.890.610.840.790.790.89-0.320.740.91-0.380.740.960.680.820.810.940.920.730.820.60.90.840.860.87
0.980.990.630.870.690.910.98-0.470.850.96-0.640.850.910.840.930.840.820.920.70.840.720.940.880.90.9
0.670.680.510.720.230.770.68-0.760.580.62-0.220.580.720.530.490.390.850.730.70.410.650.60.690.630.65
0.870.780.640.820.880.710.77-0.150.80.78-0.60.80.860.760.860.990.650.820.840.410.690.750.820.880.88
0.650.680.680.820.350.790.65-0.660.840.56-0.530.840.670.650.620.660.570.60.720.650.690.510.740.680.68
0.950.960.470.70.730.770.96-0.320.690.99-0.490.690.810.810.930.740.790.90.940.60.750.510.740.880.88
0.880.80.830.980.610.770.77-0.380.880.76-0.540.880.920.70.710.820.740.840.880.690.820.740.740.770.78
0.890.890.550.760.760.780.88-0.390.750.88-0.50.750.810.920.920.860.780.860.90.630.880.680.880.771.0
0.90.890.550.760.750.780.89-0.40.760.88-0.50.760.820.920.920.860.780.870.90.650.880.680.880.781.0
Click cells to compare fundamentals

Lifetime Brands Account Relationship Matchups

Lifetime Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets770.0M807.5M829.1M725.9M667.1M700.5M
Short Long Term Debt Total418.4M397.8M351.1M343.7M285.1M299.3M
Other Current Liab180K68.6M100.1M63.6M64.3M67.5M
Total Current Liabilities107.3M180.1M214.3M129.9M152.0M159.6M
Total Stockholder Equity236.3M230.1M255.6M240.1M230.9M142.3M
Property Plant And Equipment Net135.0M119.7M107.2M92.9M86.7M91.1M
Net Debt407.0M361.8M323.1M320.1M268.9M282.3M
Retained Earnings7.2M424K17.4M1.1M(13.6M)(12.9M)
Cash11.4M36.0M28.0M23.6M16.2M17.0M
Non Current Assets Total440.9M386.2M344.0M325.6M290.8M305.3M
Non Currrent Assets Other(9.6M)(8.2M)(11.0M)(3.3M)2.3M2.4M
Cash And Short Term Investments11.4M36.0M28.0M23.6M16.2M17.0M
Net Receivables130.2M170.0M175.1M141.2M155.2M162.9M
Common Stock Shares Outstanding20.6M20.9M22.0M21.6M21.2M15.5M
Liabilities And Stockholders Equity770.0M807.5M829.1M725.9M667.1M700.5M
Non Current Liabilities Total426.4M397.3M359.1M355.9M284.3M149.3M
Inventory173.4M203.2M270.5M222.2M188.6M108.0M
Other Current Assets14.1M12.1M11.5M13.3M16.3M17.2M
Other Stockholder Equity263.4M268.7M271.6M274.6M277.7M291.6M
Total Liab533.7M577.3M573.4M485.8M436.3M458.1M
Property Plant And Equipment Gross135.0M119.7M107.2M92.9M228.9M240.3M
Total Current Assets329.2M421.3M485.1M400.3M376.4M193.6M
Accumulated Other Comprehensive Income(34.5M)(39.2M)(33.5M)(35.9M)(33.5M)(31.8M)
Short Term Debt19.1M40.6M31.0M28.1M32.9M18.4M
Intangible Assets231.1M213.8M182.4M180.7M165.9M174.2M
Accounts Payable36.2M66.1M82.6M38.1M54.2M56.9M
Common Stock Total Equity208K213K218K220K250.7K156.2K
Common Stock208K213K218K220K250.7K159.5K
Other Assets2.4M119.0M1.8M6.3M7.3M9.8M
Good Will91.7M49.4M30.3M33.2M38.2M25.7M
Property Plant Equipment28.2M23.1M20.7M18.0M16.2M22.6M
Current Deferred Revenue79K51.9M10.7M9.6M39.1M41.0M
Other Liab27.1M28.6M25.5M26.2M30.1M20.8M
Long Term Debt287.1M266.3M241.9M253.3M196.2M137.0M
Net Tangible Assets68.0M88.5M133.8M102.6M92.4M98.4M
Retained Earnings Total Equity7.2M424K17.4M1.1M1.0M979.0K
Short Term Investments11K42K427K122K140.3K147.3K
Long Term Debt Total287.1M266.3M241.9M253.3M291.3M184.8M
Capital Surpluse263.4M268.7M271.6M274.6M315.8M228.1M
Deferred Long Term Liab13.7M10.7M12.8M9.6M8.6M7.9M

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Additional Tools for Lifetime Stock Analysis

When running Lifetime Brands' price analysis, check to measure Lifetime Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lifetime Brands is operating at the current time. Most of Lifetime Brands' value examination focuses on studying past and present price action to predict the probability of Lifetime Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lifetime Brands' price. Additionally, you may evaluate how the addition of Lifetime Brands to your portfolios can decrease your overall portfolio volatility.