Muthoot Income Before Tax vs Operating Income Analysis

MUTHOOTFIN   2,070  7.10  0.34%   
Muthoot Finance financial indicator trend analysis is infinitely more than just investigating Muthoot Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Muthoot Finance is a good investment. Please check the relationship between Muthoot Finance 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 Muthoot Finance 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 persons.

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 Muthoot Finance Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Muthoot Finance's Income Before Tax and Operating Income is 0.65. 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 Muthoot Finance Limited, assuming nothing else is changed. The correlation between historical values of Muthoot Finance'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 Muthoot Finance Limited 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., Muthoot Finance's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Muthoot Finance income statement and is an important metric when analyzing Muthoot Finance 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 Muthoot Finance 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 Muthoot Finance Limited 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 Muthoot Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Muthoot Finance 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 Muthoot Finance 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 persons.
Selling General Administrative is likely to gain to about 24.7 B in 2024, whereas Tax Provision is likely to drop slightly above 12.3 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense42.6B42.1B54.3B57.0B
Depreciation And Amortization24.8B27.4B921.1M875.0M

Muthoot Finance fundamental ratios Correlations

0.78-0.120.650.990.730.060.930.750.690.690.750.710.62-0.53-0.431.00.170.90.410.24-0.5-0.91-0.670.070.17
0.78-0.140.090.760.690.590.550.950.140.140.950.460.78-0.77-0.820.780.240.530.460.71-0.54-0.56-0.71-0.510.11
-0.12-0.14-0.06-0.09-0.14-0.03-0.11-0.19-0.07-0.07-0.190.2-0.05-0.040.02-0.13-0.12-0.080.07-0.020.250.040.220.05-0.13
0.650.09-0.060.660.42-0.70.850.070.990.990.080.43-0.070.080.250.640.110.850.03-0.57-0.27-0.79-0.290.77-0.01
0.990.76-0.090.660.690.020.940.730.710.70.730.730.6-0.55-0.440.980.120.890.340.23-0.53-0.92-0.70.080.17
0.730.69-0.140.420.690.150.630.650.430.430.660.260.65-0.38-0.240.740.280.670.650.23-0.13-0.64-0.320.0-0.06
0.060.59-0.03-0.70.020.15-0.290.56-0.68-0.680.550.030.65-0.54-0.70.070.2-0.280.440.94-0.10.23-0.25-0.930.16
0.930.55-0.110.850.940.63-0.290.530.880.880.540.610.38-0.4-0.210.920.120.960.16-0.09-0.49-0.94-0.570.380.02
0.750.95-0.190.070.730.650.560.530.120.121.00.390.8-0.79-0.760.750.250.50.360.69-0.47-0.5-0.6-0.460.03
0.690.14-0.070.990.710.43-0.680.880.121.00.130.49-0.010.030.20.680.00.870.02-0.51-0.3-0.84-0.330.740.03
0.690.14-0.070.990.70.43-0.680.880.121.00.130.49-0.020.030.20.680.00.870.01-0.52-0.3-0.83-0.320.740.02
0.750.95-0.190.080.730.660.550.541.00.130.130.390.8-0.78-0.750.750.260.50.360.68-0.46-0.51-0.6-0.440.02
0.710.460.20.430.730.260.030.610.390.490.490.390.44-0.23-0.240.7-0.180.520.410.24-0.2-0.68-0.460.040.52
0.620.78-0.05-0.070.60.650.650.380.8-0.01-0.020.80.44-0.63-0.520.630.010.320.60.77-0.15-0.44-0.37-0.470.25
-0.53-0.77-0.040.08-0.55-0.38-0.54-0.4-0.790.030.03-0.78-0.23-0.630.82-0.52-0.17-0.36-0.07-0.650.430.30.450.550.33
-0.43-0.820.020.25-0.44-0.24-0.7-0.21-0.760.20.2-0.75-0.24-0.520.82-0.43-0.18-0.21-0.12-0.770.630.220.690.730.03
1.00.78-0.130.640.980.740.070.920.750.680.680.750.70.63-0.52-0.430.190.90.440.25-0.48-0.9-0.660.070.17
0.170.24-0.120.110.120.280.20.120.250.00.00.26-0.180.01-0.17-0.180.190.140.21-0.02-0.190.03-0.2-0.02-0.28
0.90.53-0.080.850.890.67-0.280.960.50.870.870.50.520.32-0.36-0.210.90.140.23-0.12-0.45-0.91-0.530.37-0.06
0.410.460.070.030.340.650.440.160.360.020.010.360.410.6-0.07-0.120.440.210.230.420.24-0.27-0.11-0.260.34
0.240.71-0.02-0.570.230.230.94-0.090.69-0.51-0.520.680.240.77-0.65-0.770.25-0.02-0.120.42-0.170.02-0.34-0.910.23
-0.5-0.540.25-0.27-0.53-0.13-0.1-0.49-0.47-0.3-0.3-0.46-0.2-0.150.430.63-0.48-0.19-0.450.24-0.170.530.920.1-0.13
-0.91-0.560.04-0.79-0.92-0.640.23-0.94-0.5-0.84-0.83-0.51-0.68-0.440.30.22-0.90.03-0.91-0.270.020.530.67-0.33-0.23
-0.67-0.710.22-0.29-0.7-0.32-0.25-0.57-0.6-0.33-0.32-0.6-0.46-0.370.450.69-0.66-0.2-0.53-0.11-0.340.920.670.21-0.35
0.07-0.510.050.770.080.0-0.930.38-0.460.740.74-0.440.04-0.470.550.730.07-0.020.37-0.26-0.910.1-0.330.21-0.07
0.170.11-0.13-0.010.17-0.060.160.020.030.030.020.020.520.250.330.030.17-0.28-0.060.340.23-0.13-0.23-0.35-0.07
Click cells to compare fundamentals

Muthoot Finance Account Relationship Matchups

Muthoot Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets548.8B686.4B763.2B801.5B964.7B1.0T
Short Long Term Debt Total623.2B785.9B849.2B905.8B678.7B352.6B
Other Current Liab(2.2B)(2.1B)(1.6B)(1.3B)(1.9B)(1.8B)
Total Current Liabilities2.2B2.1B1.6B1.3B677.2B711.1B
Total Stockholder Equity118.3B155.8B187.9B216.7B251.1B263.6B
Property Plant And Equipment Net2.9B3.1B3.5B4.1B5.2B2.7B
Net Debt347.6B422.7B441.3B474.4B(62.7B)(59.6B)
Retained Earnings34.0B64.0B88.0B110.0B195.9B205.7B
Cash59.5B79.1B102.3B80.4B60.4B30.8B
Non Current Assets Total3.3B3.5B3.8B4.4B912.7B958.3B
Non Currrent Assets Other(3.3B)(3.5B)(3.8B)(4.4B)898.7B943.6B
Cash And Short Term Investments58.3B77.8B100.4B77.7B60.4B30.3B
Common Stock Shares Outstanding401.3M401.5M401.5M401.5M401.5M425.9M
Liabilities And Stockholders Equity548.8B686.4B763.2B801.5B964.7B1.0T
Non Current Liabilities Total233.1B319.1B388.7B401.8B237.8B192.4B
Other Current Assets(63.3B)(83.0B)(714.8B)(723.5B)590.3M619.8M
Other Stockholder Equity(67.6B)(49.0B)(73.0B)(94.9B)15.1B15.9B
Total Liab428.8B528.8B571.8B580.0B707.2B742.5B
Total Current Assets58.3B77.8B100.4B77.7B62.7B51.6B
Accumulated Other Comprehensive Income(1.4B)72.7B80.1B87.6B36.1B37.9B
Short Term Debt216.3B284.3B305.8B351.1B678.6B712.5B
Common Stock4.0B4.0B4.0B4.0B4.0B3.4B
Other Assets487.2B605.1B659.0B719.3B(10.7B)(10.2B)
Accounts Payable2.2B2.1B1.6B1.3B1.4B1.3B
Current Deferred Revenue(214.0B)(282.2B)(304.2B)(349.7B)(677.2B)(643.3B)
Net Receivables1.6B1.6B1.7B99.0M1.4B1.3B
Short Term Investments(1.2B)(1.3B)(1.9B)(2.7B)2.9B3.0B
Intangible Assets85.4M86.9M59.2M59.3M62M80.7M
Other Liab3.7B3.7B4.5B6.6B5.9B5.0B
Net Tangible Assets98.9B117.9B155.4B187.5B215.6B226.4B
Long Term Debt406.8B501.4B543.3B554.6B637.8B324.8B
Long Term Investments9.9B12.6B8.6B8.9B11.3B5.8B
Property Plant Equipment2.9B3.1B3.5B4.1B4.7B3.1B
Inventory61.7B81.4B713.1B723.4B831.9B873.5B
Long Term Debt Total407.0B501.6B543.5B554.7B637.9B387.2B
Capital Surpluse15.0B15.0B15.1B15.1B17.4B16.4B
Cash And Equivalents28.4B25.5B62.0B16.9B19.5B21.0B
Net Invested Capital525.3B657.1B731.1B771.2B929.7B683.6B

Also Currently Popular

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.

Additional Tools for Muthoot Stock Analysis

When running Muthoot Finance's price analysis, check to measure Muthoot Finance's 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 Muthoot Finance is operating at the current time. Most of Muthoot Finance's value examination focuses on studying past and present price action to predict the probability of Muthoot Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Muthoot Finance's price. Additionally, you may evaluate how the addition of Muthoot Finance to your portfolios can decrease your overall portfolio volatility.