Prism Income Before Tax vs Other Operating Expenses Analysis

PRSMJOHNSN   196.63  4.35  2.26%   
Prism Johnson financial indicator trend analysis is much more than just breaking down Prism Johnson Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prism Johnson Limited is a good investment. Please check the relationship between Prism Johnson Income Before Tax and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prism Johnson 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 inflation.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prism Johnson Limited Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Prism Johnson's Income Before Tax and Other Operating Expenses is -0.48. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Prism Johnson Limited, assuming nothing else is changed. The correlation between historical values of Prism Johnson's Income Before Tax and Other Operating Expenses 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 Prism Johnson Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Prism Johnson's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Prism Johnson income statement and is an important metric when analyzing Prism Johnson 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Prism Johnson Limited. It is also known as Prism Johnson overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Prism Johnson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prism Johnson 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prism Johnson 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 inflation.
The Prism Johnson's current Selling General Administrative is estimated to increase to about 6.2 B, while Tax Provision is projected to decrease to under 117.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.8B1.9B1.9B1.8B
Depreciation And Amortization3.1B3.9B4.1B2.1B

Prism Johnson fundamental ratios Correlations

0.630.970.90.990.560.590.990.390.670.750.90.940.940.54-0.281.00.980.870.570.490.530.93-0.570.410.4
0.630.630.640.59-0.120.720.62-0.020.780.050.430.560.510.47-0.610.620.620.410.870.63-0.10.68-0.410.65-0.02
0.970.630.840.950.460.590.970.270.640.690.840.850.910.51-0.320.970.940.80.60.450.440.93-0.650.470.36
0.90.640.840.920.440.620.90.160.630.630.910.850.860.3-0.330.880.870.910.610.320.330.87-0.380.430.17
0.990.590.950.920.610.550.990.420.640.770.920.950.930.53-0.230.990.960.90.510.470.550.91-0.530.360.41
0.56-0.120.460.440.61-0.080.510.690.10.880.660.710.660.460.330.580.620.66-0.280.240.940.420.05-0.320.4
0.590.720.590.620.55-0.080.6-0.060.920.140.490.50.440.28-0.750.580.560.490.80.390.050.62-0.610.880.21
0.990.620.970.90.990.510.60.360.660.720.870.90.910.5-0.30.980.940.840.580.450.460.93-0.640.440.42
0.39-0.020.270.160.420.69-0.060.360.250.60.330.570.370.610.120.410.410.31-0.270.590.710.17-0.19-0.220.74
0.670.780.640.630.640.10.920.660.250.260.550.640.550.58-0.720.670.670.540.710.710.230.63-0.580.810.37
0.750.050.690.630.770.880.140.720.60.260.80.80.830.340.150.760.780.78-0.020.230.80.63-0.2-0.070.45
0.90.430.840.910.920.660.490.870.330.550.80.870.90.42-0.20.890.91.00.330.320.560.77-0.320.280.35
0.940.560.850.850.950.710.50.90.570.640.80.870.910.61-0.160.940.960.850.430.560.680.83-0.370.240.44
0.940.510.910.860.930.660.440.910.370.550.830.90.910.53-0.140.940.950.880.420.450.60.87-0.370.310.29
0.540.470.510.30.530.460.280.50.610.580.340.420.610.53-0.320.570.590.390.170.850.550.38-0.310.230.46
-0.28-0.61-0.32-0.33-0.230.33-0.75-0.30.12-0.720.15-0.2-0.16-0.14-0.32-0.26-0.25-0.2-0.61-0.40.23-0.290.47-0.76-0.1
1.00.620.970.880.990.580.580.980.410.670.760.890.940.940.57-0.260.980.860.550.510.560.92-0.560.390.41
0.980.620.940.870.960.620.560.940.410.670.780.90.960.950.59-0.250.980.870.530.540.610.89-0.430.340.37
0.870.410.80.910.90.660.490.840.310.540.781.00.850.880.39-0.20.860.870.310.310.550.75-0.270.280.31
0.570.870.60.610.51-0.280.80.58-0.270.71-0.020.330.430.420.17-0.610.550.530.310.35-0.20.66-0.560.75-0.05
0.490.630.450.320.470.240.390.450.590.710.230.320.560.450.85-0.40.510.540.310.350.340.35-0.330.360.47
0.53-0.10.440.330.550.940.050.460.710.230.80.560.680.60.550.230.560.610.55-0.20.340.38-0.05-0.20.49
0.930.680.930.870.910.420.620.930.170.630.630.770.830.870.38-0.290.920.890.750.660.350.38-0.520.470.11
-0.57-0.41-0.65-0.38-0.530.05-0.61-0.64-0.19-0.58-0.2-0.32-0.37-0.37-0.310.47-0.56-0.43-0.27-0.56-0.33-0.05-0.52-0.66-0.58
0.410.650.470.430.36-0.320.880.44-0.220.81-0.070.280.240.310.23-0.760.390.340.280.750.36-0.20.47-0.660.11
0.4-0.020.360.170.410.40.210.420.740.370.450.350.440.290.46-0.10.410.370.31-0.050.470.490.11-0.580.11
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Prism Johnson Account Relationship Matchups

Prism Johnson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.7B61.7B64.6B65.6B70.9B51.0B
Other Current Liab9.7B10.6B11.5B12.8B13.2B6.7B
Total Current Liabilities25.3B24.2B28.0B32.5B33.6B20.6B
Total Stockholder Equity10.5B12.4B13.2B12.1B13.9B11.8B
Property Plant And Equipment Net30.2B30.3B31.1B31.3B33.3B25.9B
Net Debt22.9B15.9B14.9B13.9B13.1B16.2B
Cash1.4B3.5B2.6B2.6B4.4B4.6B
Non Current Assets Total37.9B39.9B42.2B42.9B44.4B33.0B
Non Currrent Assets Other7.4B4.9B3.0B2.9B2.1B3.7B
Cash And Short Term Investments5.6B5.2B4.1B4.4B6.6B6.9B
Net Receivables7.9B6.9B6.9B7.3B6.9B7.2B
Liabilities And Stockholders Equity60.7B61.7B64.6B65.6B70.9B51.0B
Non Current Liabilities Total22.5B22.2B20.6B18.4B20.9B16.9B
Inventory7.4B5.8B8.0B7.5B8.3B6.2B
Other Current Assets9.8B2.8B4.0B3.5B4.6B3.0B
Total Liab47.8B46.4B48.6B50.9B54.5B37.5B
Total Current Assets22.8B21.8B22.4B22.7B26.5B17.9B
Accumulated Other Comprehensive Income281.6M233.6M157.4M65.3M201.5M211.6M
Retained Earnings3.4B7.1B8.0B7.0B8.7B4.8B
Short Term Investments4.3B1.7B1.5B1.7B2.3B1.6B
Short Long Term Debt Total24.3B19.3B17.5B16.6B17.5B20.1B
Accounts Payable7.8B9.5B11.4B13.2B10.4B8.6B
Intangible Assets252.3M239M407M373M520.7M546.7M
Current Deferred Revenue8.5B6.3B1.0B1.2B4.9B4.2B
Short Term Debt7.8B3.3B4.1B5.3B5.1B5.1B
Other Liab5.8B6.2B7.2B7.2B8.2B5.4B
Net Tangible Assets10.8B10.3B11.9B12.6B14.5B11.6B
Other Assets3.3B3.4B2.5B577.4M519.7M493.7M
Long Term Debt15.0B14.3B11.8B9.6B9.3B10.0B
Short Long Term Debt7.4B1.2B3.8B5.1B4.1B5.4B
Property Plant Equipment30.3B30.3B31.1B31.3B36.0B30.7B
Long Term Debt Total16.5B16.0B13.3B11.2B12.9B14.7B
Capital Lease Obligations1.8B2.0B1.8B1.9B4.1B4.4B
Non Current Liabilities Other342.7M2.3B2.7B2.8B3.9B4.1B
Cash And Equivalents1.1B2.5B2.0B2.0B2.2B1.2B

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Other Information on Investing in Prism Stock

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