Mindteck Net Income From Continuing Ops vs Income Before Tax Analysis

MINDTECK

260.20 6.05 2.27%

Mindteck financial indicator trend analysis is infinitely more than just investigating Mindteck Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mindteck Limited is a good investment. Please check the relationship between Mindteck 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 Mindteck 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 estimate.

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 Mindteck Limited 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 Mindteck's 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 Mindteck Limited, assuming nothing else is changed. The correlation between historical values of Mindteck's 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 Mindteck 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 Net Income From Continuing Ops i.e., Mindteck's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Mindteck income statement and is an important metric when analyzing Mindteck 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 Mindteck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mindteck 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mindteck 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 estimate.

The current year's Selling General Administrative is expected to grow to about 95.8 M. The current year's Tax Provision is expected to grow to about 75.1 M

	2022	2023	2024	2025 (projected)
Interest Expense	10.1M	8.9M	10.2M	8.1M
Depreciation And Amortization	45.2M	44.5M	51.2M	38.0M

Interest Expense Depreciation And Amortization

Mindteck fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Inventory	Intangible Assets
Total Assets		-0.17	0.6	0.37	0.98	-0.05	-0.02	-0.75	0.79	-0.34	0.69	-0.34	-0.18	0.71	0.94	0.83	-0.11	0.33	0.49	0.31	0.78	-0.1	0.76	-0.44	0.17	0.06
Short Long Term Debt Total	-0.17		-0.44	0.34	-0.29	0.62	0.18	0.27	-0.55	0.21	0.14	-0.35	-0.1	0.0	-0.04	-0.2	0.56	0.04	-0.04	0.53	-0.02	0.8	-0.1	-0.42	0.12	-0.14
Other Current Liab	0.6	-0.44		0.38	0.58	-0.17	-0.35	-0.5	0.51	-0.5	0.36	-0.04	-0.23	0.35	0.58	0.63	-0.39	0.02	0.5	0.22	0.38	-0.29	0.51	-0.12	0.17	-0.02
Total Current Liabilities	0.37	0.34	0.38		0.19	0.3	-0.17	-0.35	0.06	0.28	0.59	-0.72	0.05	0.6	0.3	0.21	-0.06	0.53	-0.12	0.93	0.55	0.4	0.24	-0.59	0.48	-0.28
Total Stockholder Equity	0.98	-0.29	0.58	0.19		-0.18	-0.02	-0.72	0.84	-0.42	0.6	-0.2	-0.17	0.63	0.91	0.84	-0.18	0.24	0.54	0.11	0.7	-0.21	0.74	-0.32	0.07	0.12
Property Plant And Equipment Net	-0.05	0.62	-0.17	0.3	-0.18		0.37	-0.04	-0.46	0.07	0.33	-0.53	-0.22	0.21	0.13	0.0	0.78	0.3	-0.1	0.58	0.19	0.61	0.11	-0.73	0.43	-0.16
Current Deferred Revenue	-0.02	0.18	-0.35	-0.17	-0.02	0.37		-0.04	-0.19	-0.09	0.18	-0.03	-0.3	-0.1	0.04	-0.08	0.37	0.11	-0.2	-0.03	-0.09	0.34	-0.03	-0.2	0.25	-0.22
Net Debt	-0.75	0.27	-0.5	-0.35	-0.72	-0.04	-0.04		-0.72	0.29	-0.87	0.33	0.26	-0.7	-0.6	-0.56	0.19	-0.47	-0.14	-0.26	-0.7	0.08	-0.5	0.41	-0.17	-0.35
Retained Earnings	0.79	-0.55	0.51	0.06	0.84	-0.46	-0.19	-0.72		-0.31	0.4	0.01	-0.08	0.59	0.66	0.6	-0.37	0.2	0.42	-0.08	0.67	-0.45	0.58	0.0	-0.02	0.2
Accounts Payable	-0.34	0.21	-0.5	0.28	-0.42	0.07	-0.09	0.29	-0.31		-0.16	-0.32	0.26	-0.07	-0.41	-0.63	0.11	0.4	-0.71	0.31	-0.12	-0.03	-0.58	-0.01	0.03	-0.26
Cash	0.69	0.14	0.36	0.59	0.6	0.33	0.18	-0.87	0.4	-0.16		-0.58	-0.25	0.68	0.58	0.52	0.01	0.59	0.02	0.56	0.65	0.28	0.47	-0.65	0.31	0.24
Non Current Assets Total	-0.34	-0.35	-0.04	-0.72	-0.2	-0.53	-0.03	0.33	0.01	-0.32	-0.58		-0.33	-0.74	-0.31	-0.3	-0.11	-0.78	0.28	-0.73	-0.66	-0.56	-0.29	0.89	-0.62	0.28
Non Currrent Assets Other	-0.18	-0.1	-0.23	0.05	-0.17	-0.22	-0.3	0.26	-0.08	0.26	-0.25	-0.33		0.21	-0.28	0.11	-0.32	0.28	-0.17	-0.07	0.13	0.11	0.08	-0.1	0.23	-0.3
Cash And Short Term Investments	0.71	0.0	0.35	0.6	0.63	0.21	-0.1	-0.7	0.59	-0.07	0.68	-0.74	0.21		0.62	0.63	-0.09	0.6	0.16	0.54	0.98	0.25	0.68	-0.73	0.47	-0.1
Net Receivables	0.94	-0.04	0.58	0.3	0.91	0.13	0.04	-0.6	0.66	-0.41	0.58	-0.31	-0.28	0.62		0.83	0.13	0.26	0.61	0.33	0.72	0.0	0.76	-0.5	0.23	-0.02
Common Stock Shares Outstanding	0.83	-0.2	0.63	0.21	0.84	0.0	-0.08	-0.56	0.6	-0.63	0.52	-0.3	0.11	0.63	0.83		-0.15	0.22	0.67	0.14	0.68	0.03	0.91	-0.48	0.31	-0.03
Non Current Liabilities Total	-0.11	0.56	-0.39	-0.06	-0.18	0.78	0.37	0.19	-0.37	0.11	0.01	-0.11	-0.32	-0.09	0.13	-0.15		0.03	0.03	0.31	-0.02	0.31	0.0	-0.33	0.11	-0.02
Other Current Assets	0.33	0.04	0.02	0.53	0.24	0.3	0.11	-0.47	0.2	0.4	0.59	-0.78	0.28	0.6	0.26	0.22	0.03		-0.41	0.51	0.56	0.22	0.16	-0.62	0.69	-0.21
Other Stockholder Equity	0.49	-0.04	0.5	-0.12	0.54	-0.1	-0.2	-0.14	0.42	-0.71	0.02	0.28	-0.17	0.16	0.61	0.67	0.03	-0.41		-0.11	0.28	-0.07	0.71	-0.03	-0.11	-0.02
Total Liab	0.31	0.53	0.22	0.93	0.11	0.58	-0.03	-0.26	-0.08	0.31	0.56	-0.73	-0.07	0.54	0.33	0.14	0.31	0.51	-0.11		0.51	0.49	0.22	-0.68	0.5	-0.27
Total Current Assets	0.78	-0.02	0.38	0.55	0.7	0.19	-0.09	-0.7	0.67	-0.12	0.65	-0.66	0.13	0.98	0.72	0.68	-0.02	0.56	0.28	0.51		0.18	0.74	-0.69	0.46	-0.11
Short Term Debt	-0.1	0.8	-0.29	0.4	-0.21	0.61	0.34	0.08	-0.45	-0.03	0.28	-0.56	0.11	0.25	0.0	0.03	0.31	0.22	-0.07	0.49	0.18		0.11	-0.62	0.4	-0.23
Common Stock	0.76	-0.1	0.51	0.24	0.74	0.11	-0.03	-0.5	0.58	-0.58	0.47	-0.29	0.08	0.68	0.76	0.91	0.0	0.16	0.71	0.22	0.74	0.11		-0.49	0.32	-0.06
Good Will	-0.44	-0.42	-0.12	-0.59	-0.32	-0.73	-0.2	0.41	0.0	-0.01	-0.65	0.89	-0.1	-0.73	-0.5	-0.48	-0.33	-0.62	-0.03	-0.68	-0.69	-0.62	-0.49		-0.62	0.25
Inventory	0.17	0.12	0.17	0.48	0.07	0.43	0.25	-0.17	-0.02	0.03	0.31	-0.62	0.23	0.47	0.23	0.31	0.11	0.69	-0.11	0.5	0.46	0.4	0.32	-0.62		-0.59
Intangible Assets	0.06	-0.14	-0.02	-0.28	0.12	-0.16	-0.22	-0.35	0.2	-0.26	0.24	0.28	-0.3	-0.1	-0.02	-0.03	-0.02	-0.21	-0.02	-0.27	-0.11	-0.23	-0.06	0.25	-0.59

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Mindteck Account Relationship Matchups

Mindteck fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.1B	2.3B	2.4B	2.8B	3.2B	2.2B
Short Long Term Debt Total	260.1M	78.6M	56.3M	22.1M	25.4M	24.1M
Other Current Liab	181.8M	222.2M	250.2M	295.9M	340.3M	228.6M
Total Current Liabilities	585.8M	456.5M	463.5M	498.1M	572.8M	457.9M
Total Stockholder Equity	1.4B	1.8B	1.9B	2.2B	2.5B	1.7B
Property Plant And Equipment Net	88.2M	93M	70.5M	40.4M	46.5M	53.8M
Current Deferred Revenue	149.8M	160.7M	172M	23.7M	27.3M	25.9M
Net Debt	(245.9M)	(424.2M)	(358M)	(451.3M)	(406.2M)	(385.9M)
Retained Earnings	(89.7M)	246.6M	404.6M	655.1M	753.4M	791.0M
Accounts Payable	135M	183.2M	155.9M	164.1M	147.7M	137.7M
Cash	506M	502.8M	414.3M	473.4M	544.4M	293.0M
Non Current Assets Total	519.1M	698M	471.8M	437.6M	393.8M	702.6M
Non Currrent Assets Other	372.5M	77.3M	72M	809.3M	728.4M	764.8M
Cash And Short Term Investments	775.6M	768.2M	1.0B	1.2B	1.4B	1.5B
Net Receivables	699.3M	745.4M	870.1M	947.1M	1.1B	744.3M
Common Stock Shares Outstanding	25.2M	25.4M	25.3M	32.0M	36.8M	27.2M
Liabilities And Stockholders Equity	2.1B	2.3B	2.4B	2.8B	3.2B	2.2B
Non Current Liabilities Total	82M	81.9M	57.4M	48.1M	55.3M	71.9M
Other Current Assets	72.3M	81.8M	83.1M	122.3M	110.1M	78.8M
Total Liab	667.8M	538.4M	520.9M	546.2M	628.1M	529.8M
Total Current Assets	1.5B	1.6B	2.0B	2.3B	2.7B	2.8B
Accumulated Other Comprehensive Income	220.5M	235.5M	294.2M	318.5M	366.3M	384.6M
Short Term Debt	225.5M	31.4M	103.4M	22.1M	25.4M	47.8M
Inventory	(4.3M)	(2.5M)	(22.1M)	(34.8M)	1.15	1.21
Intangible Assets	78.2M	1.5M	500K	100K	450K	427.5K
Other Liab	101.1M	95.6M	47.4M	34.7M	39.9M	63.5M
Net Tangible Assets	983.3M	936.6M	1.1B	1.5B	1.7B	1.1B
Other Assets	206.4M	147.9M	119.2M	44.2M	39.8M	37.8M
Property Plant Equipment	141.6M	88.2M	93M	70.5M	81.1M	60.9M
Short Term Investments	269.6M	265.4M	610.5M	749M	861.4M	904.4M
Long Term Debt Total	79.3M	34.6M	47.2M	22M	25.3M	28.8M
Cash And Equivalents	293.9M	776.6M	769.1M	1.0B	1.2B	1.2B
Net Invested Capital	1.6B	1.8B	1.9B	2.2B	2.5B	2.0B
Net Working Capital	961.4M	1.1B	1.5B	1.8B	2.1B	1.2B
Capital Lease Obligations	79.3M	78.6M	56.3M	22.1M	19.9M	18.9M

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

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Mindteck Net Income From Continuing Ops vs Income Before Tax Analysis

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Income Before Tax

Mindteck fundamental ratios Correlations

Mindteck Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mindteck fundamental ratios Accounts

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Other Information on Investing in Mindteck Stock

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Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Cash And Short Term Investments
Net Receivables	+ 0.94	Total Assets
Total Liab	+ 0.93	Total Current Liabilities
Net Receivables	+ 0.91	Total Stockholder Equity
Common Stock	+ 0.91	Common Stock Shares Outstanding

Cash	- 0.87	Net Debt
Other Current Assets	- 0.78	Non Current Assets Total
Net Debt	- 0.75	Total Assets
Cash And Short Term Investments	- 0.74	Non Current Assets Total
Good Will	- 0.73	Cash And Short Term Investments
Total Liab	- 0.73	Non Current Assets Total