OneMain Income Before Tax vs Net Income From Continuing Ops Analysis
OMF Stock | USD 51.42 2.36 4.39% |
OneMain Holdings financial indicator trend analysis is much more than just breaking down OneMain Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMain Holdings is a good investment. Please check the relationship between OneMain Holdings Income Before Tax and its Net Income From Continuing Ops accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.
Income Before Tax vs Net Income From Continuing Ops
Income Before Tax vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMain Holdings Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between OneMain Holdings' Income Before Tax and Net Income From Continuing Ops is 0.68. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of OneMain Holdings, assuming nothing else is changed. The correlation between historical values of OneMain Holdings' Income Before Tax and Net Income From Continuing Ops 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 OneMain Holdings are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., OneMain Holdings' Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on OneMain Holdings income statement and is an important metric when analyzing OneMain Holdings 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.Net Income From Continuing Ops
Most indicators from OneMain Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMain Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.At this time, OneMain Holdings' Tax Provision is most likely to increase significantly in the upcoming years. The OneMain Holdings' current Issuance Of Capital Stock is estimated to increase to about 2.4 M, while Selling General Administrative is projected to decrease to roughly 634.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 704M | 779M | 2.6B | 2.7B | Operating Income | 1.7B | 1.8B | 1.6B | 1.3B |
OneMain Holdings fundamental ratios Correlations
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OneMain Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OneMain Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.8B | 22.5B | 22.1B | 22.5B | 24.3B | 22.0B | |
Total Stockholder Equity | 4.3B | 3.4B | 3.1B | 3.0B | 3.2B | 2.6B | |
Other Liab | 1.1B | 1.2B | 1.2B | 1.1B | 1.2B | 920.3M | |
Retained Earnings | 2.6B | 1.7B | 1.7B | 2.1B | 2.3B | 1.6B | |
Cash | 1.2B | 2.3B | 541M | 498M | 1.0B | 873.7M | |
Other Assets | 17.1B | 16.1B | 17.4B | 18.0B | 19.6B | 20.6B | |
Long Term Debt | 17.2B | 17.8B | 17.8B | 18.3B | 19.8B | 15.0B | |
Short Term Investments | 585M | 152M | 475M | 513M | 534M | 453.9M | |
Other Current Assets | (18.4B) | (17.8B) | (17.4B) | (17.9B) | (19.7B) | (18.7B) | |
Total Liab | 17.2B | 17.8B | 17.8B | 19.5B | 21.1B | 19.3B | |
Intangible Assets | 343M | 306M | 274M | 261M | 260M | 276.3M | |
Property Plant Equipment | 163M | 153M | 140M | 152M | 174.8M | 122.8M | |
Other Current Liab | (1.1B) | (694M) | (17.8B) | (18.3B) | (19.8B) | (18.8B) | |
Common Stock Shares Outstanding | 136.3M | 134.9M | 133.1M | 124.4M | 120.6M | 134.8M | |
Short Long Term Debt Total | 18.3B | 18.5B | 17.8B | 18.3B | 19.8B | 16.8B | |
Total Current Liabilities | 1.1B | 694M | 36.7B | 37.8B | 40.9B | 43.0B | |
Property Plant And Equipment Net | 163M | 153M | 140M | 152M | 165M | 137.3M | |
Net Debt | 16.0B | 15.5B | 17.2B | 17.8B | 18.8B | 15.6B | |
Non Current Assets Total | 3.6B | 3.7B | 3.7B | 3.5B | 3.1B | 3.0B | |
Non Currrent Assets Other | (3.6B) | (3.7B) | (3.7B) | (3.5B) | 76M | 72.2M | |
Cash And Short Term Investments | 1.8B | 2.4B | 1.0B | 498M | 1.5B | 1.2B | |
Net Receivables | 289M | 299M | 16.4B | 16.9B | 18.1B | 19.0B | |
Liabilities And Stockholders Equity | 22.8B | 22.5B | 22.1B | 22.5B | 24.3B | 21.2B | |
Non Current Liabilities Total | 17.2B | 17.8B | 17.8B | 19.5B | 19.8B | 16.6B | |
Other Stockholder Equity | 1.7B | 1.6B | (423M) | (1.1B) | 987M | 543.1M | |
Total Current Assets | 2.1B | 2.7B | 1.0B | 1.0B | 1.5B | 1.5B | |
Accumulated Other Comprehensive Income | 44M | 94M | 61M | (119M) | (87M) | (82.7M) | |
Short Term Debt | 1.1B | 694M | 17.8B | 18.3B | 19.8B | 20.8B | |
Retained Earnings Total Equity | 2.6B | 1.7B | 1.7B | 2.1B | 2.4B | 1.8B | |
Deferred Long Term Liab | 25M | 29M | 33M | 31M | 35.7M | 18.4M | |
Net Tangible Assets | 2.6B | 1.7B | 1.4B | 1.3B | 1.5B | 1.8B | |
Long Term Debt Total | 17.2B | 17.8B | 17.8B | 18.3B | 21.0B | 17.2B | |
Capital Surpluse | 1.7B | 1.7B | 1.7B | 1.7B | 1.9B | 1.7B |
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When determining whether OneMain Holdings is a strong investment it is important to analyze OneMain Holdings' 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 OneMain Holdings' future performance. For an informed investment choice regarding OneMain Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Consumer Finance 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 OneMain Holdings. If investors know OneMain 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 OneMain Holdings 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 (0.19) | Dividend Share 4.08 | Earnings Share 4.56 | Revenue Per Share 20.797 | Quarterly Revenue Growth (0.03) |
The market value of OneMain Holdings is measured differently than its book value, which is the value of OneMain that is recorded on the company's balance sheet. Investors also form their own opinion of OneMain Holdings' value that differs from its market value or its book value, called intrinsic value, which is OneMain Holdings' 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 OneMain Holdings' market value can be influenced by many factors that don't directly affect OneMain Holdings' 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 OneMain Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMain Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMain Holdings' 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.