Nebius Operating Income vs Income Before Tax Analysis
NBIS Stock | 32.78 0.92 2.73% |
Nebius Group financial indicator trend analysis is infinitely more than just investigating Nebius Group NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nebius Group NV is a good investment. Please check the relationship between Nebius Group 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 Nebius Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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 Nebius Group NV Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nebius Group's Operating Income and Income Before Tax is 0.68. 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 Nebius Group NV, assuming nothing else is changed. The correlation between historical values of Nebius Group's 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 Nebius Group NV 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., Nebius Group's Operating Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Nebius Group NV 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 Nebius Group NV 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 Nebius Group income statement and is an important metric when analyzing Nebius Group NV 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 Nebius Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nebius Group NV 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 Nebius Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to drop to about 226.5 M in 2024. Selling General Administrative is likely to drop to about 2.2 B in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 559.5M | 727.6M | 713.0M | 662.2M | Interest Income | 61.9M | 63.4M | 63.7M | 66.3M |
Nebius Group fundamental ratios Correlations
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Nebius Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Nebius Group's price analysis, check to measure Nebius Group'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 Nebius Group is operating at the current time. Most of Nebius Group's value examination focuses on studying past and present price action to predict the probability of Nebius Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nebius Group's price. Additionally, you may evaluate how the addition of Nebius Group to your portfolios can decrease your overall portfolio volatility.