Metal Income Before Tax vs Operating Income Analysis
| MSSA Stock | USD 11.88 0.18 1.54% |
Metal Sky financial indicator trend analysis is infinitely more than just investigating Metal Sky Star recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metal Sky Star is a good investment. Please check the relationship between Metal Sky Income Before Tax and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metal Sky Star. 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.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metal Sky Star Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Metal Sky's Income Before Tax and Operating Income is -0.96. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Metal Sky Star, assuming nothing else is changed. The correlation between historical values of Metal Sky's Income Before Tax and Operating 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 Metal Sky Star are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Metal Sky's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Metal Sky income statement and is an important metric when analyzing Metal Sky Star 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.Operating Income
Operating Income is the amount of profit realized from Metal Sky Star 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 Metal Sky Star 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.Most indicators from Metal Sky's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metal Sky Star 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 Metal Sky Star. 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. Issuance Of Capital Stock is expected to grow at the current pace this year. In addition to that, Enterprise Value Over EBITDA is expected to decline to -56.13
| 2010 | 2023 | 2024 (projected) | Interest Income | 1.3M | 2.8M | 2.2M | Net Interest Income | 1.3M | 2.8M | 2.2M |
Metal Sky fundamental ratios Correlations
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Metal Sky Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Metal Sky Star is a strong investment it is important to analyze Metal Sky's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Metal Sky's future performance. For an informed investment choice regarding Metal Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metal Sky Star. 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. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Metal Sky. If investors know Metal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Metal Sky listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.157 | Earnings Share 0.57 | Return On Assets (0.01) |
The market value of Metal Sky Star is measured differently than its book value, which is the value of Metal that is recorded on the company's balance sheet. Investors also form their own opinion of Metal Sky's value that differs from its market value or its book value, called intrinsic value, which is Metal Sky's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Metal Sky's market value can be influenced by many factors that don't directly affect Metal Sky's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Metal Sky's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metal Sky is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metal Sky's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.