Phoenix Income Before Tax vs Ebitda Analysis

PXC Stock

5.25 0.75 12.50%

Phoenix Global financial indicator trend analysis is much more than just breaking down Phoenix Global Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Global Mining is a good investment. Please check the relationship between Phoenix Global Income Before Tax and its Ebitda accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Global Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phoenix Global Mining Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Phoenix Global's Income Before Tax and Ebitda is 0.89. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Phoenix Global Mining, assuming nothing else is changed. The correlation between historical values of Phoenix Global's Income Before Tax and Ebitda 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 Phoenix Global Mining are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Phoenix Global's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

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

Ebitda

Most indicators from Phoenix Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Global Mining 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 Phoenix Global Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 989.1 K, whereas Issuance Of Capital Stock is forecasted to decline to about 485.7 K.

Phoenix Global fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Other Current Liab	Common Stock Shares Outstanding	Other Liab	Net Tangible Assets	Net Receivables	Property Plant Equipment	Property Plant And Equipment Net	Common Stock Total Equity	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.86	1.0	-0.38	-0.93	0.83	0.55	0.98	0.55	0.55	0.61	0.88	0.97	0.89	0.7	0.02	0.74	0.91	0.77	0.99	0.69	0.99	0.94	0.88	0.95	0.97
Total Current Liabilities	0.86		0.84	0.03	-0.86	0.53	0.17	0.91	0.49	0.17	0.43	0.81	0.77	0.94	0.34	0.11	0.39	0.72	0.67	0.88	0.41	0.89	0.8	0.8	0.75	0.9
Total Stockholder Equity	1.0	0.84		-0.4	-0.91	0.84	0.56	0.98	0.54	0.56	0.59	0.88	0.97	0.88	0.72	0.02	0.76	0.92	0.76	0.99	0.7	0.99	0.94	0.87	0.96	0.97
Net Debt	-0.38	0.03	-0.4		0.18	-0.73	-0.98	-0.22	-0.21	-0.98	-0.29	-0.02	-0.39	-0.09	-0.92	0.03	-0.51	-0.44	-0.25	-0.33	-0.57	-0.3	-0.32	-0.3	-0.49	-0.2
Retained Earnings	-0.93	-0.86	-0.91	0.18		-0.75	-0.36	-0.94	-0.73	-0.36	-0.78	-0.82	-0.87	-0.97	-0.51	-0.1	-0.59	-0.82	-0.91	-0.9	-0.63	-0.95	-0.88	-0.92	-0.83	-0.9
Accounts Payable	0.83	0.53	0.84	-0.73	-0.75		0.81	0.75	0.62	0.81	0.62	0.58	0.83	0.65	0.88	0.14	0.75	0.79	0.7	0.79	0.83	0.8	0.78	0.75	0.85	0.71
Cash	0.55	0.17	0.56	-0.98	-0.36	0.81		0.39	0.31	1.0	0.4	0.17	0.53	0.29	0.98	-0.03	0.55	0.57	0.39	0.5	0.66	0.48	0.47	0.47	0.63	0.37
Non Current Assets Total	0.98	0.91	0.98	-0.22	-0.94	0.75	0.39		0.54	0.39	0.59	0.93	0.95	0.93	0.57	0.03	0.69	0.88	0.77	0.99	0.63	0.99	0.94	0.87	0.91	0.99
Other Assets	0.55	0.49	0.54	-0.21	-0.73	0.62	0.31	0.54		0.31	0.69	0.41	0.51	0.64	0.36	0.54	0.37	0.48	0.74	0.5	0.42	0.55	0.55	0.63	0.51	0.46
Cash And Short Term Investments	0.55	0.17	0.56	-0.98	-0.36	0.81	1.0	0.39	0.31		0.4	0.17	0.53	0.29	0.98	-0.03	0.55	0.57	0.39	0.5	0.66	0.48	0.47	0.47	0.63	0.37
Non Current Liabilities Total	0.61	0.43	0.59	-0.29	-0.78	0.62	0.4	0.59	0.69	0.4		0.38	0.57	0.72	0.46	-0.01	0.33	0.5	0.89	0.55	0.65	0.63	0.52	0.7	0.5	0.49
Other Current Assets	0.88	0.81	0.88	-0.02	-0.82	0.58	0.17	0.93	0.41	0.17	0.38		0.9	0.77	0.36	0.06	0.75	0.81	0.59	0.9	0.45	0.88	0.88	0.72	0.83	0.95
Other Stockholder Equity	0.97	0.77	0.97	-0.39	-0.87	0.83	0.53	0.95	0.51	0.53	0.57	0.9		0.81	0.69	0.04	0.78	0.87	0.71	0.97	0.73	0.95	0.91	0.78	0.92	0.95
Total Liab	0.89	0.94	0.88	-0.09	-0.97	0.65	0.29	0.93	0.64	0.29	0.72	0.77	0.81		0.44	0.07	0.43	0.75	0.86	0.89	0.57	0.93	0.82	0.89	0.77	0.89
Total Current Assets	0.7	0.34	0.72	-0.92	-0.51	0.88	0.98	0.57	0.36	0.98	0.46	0.36	0.69	0.44		-0.01	0.66	0.69	0.49	0.66	0.72	0.64	0.61	0.58	0.75	0.55
Intangible Assets	0.02	0.11	0.02	0.03	-0.1	0.14	-0.03	0.03	0.54	-0.03	-0.01	0.06	0.04	0.07	-0.01		0.12	-0.12	-0.06	0.01	-0.03	0.0	-0.02	-0.04	-0.02	0.02
Other Current Liab	0.74	0.39	0.76	-0.51	-0.59	0.75	0.55	0.69	0.37	0.55	0.33	0.75	0.78	0.43	0.66	0.12		0.79	0.41	0.72	0.54	0.68	0.77	0.59	0.81	0.7
Common Stock Shares Outstanding	0.91	0.72	0.92	-0.44	-0.82	0.79	0.57	0.88	0.48	0.57	0.5	0.81	0.87	0.75	0.69	-0.12	0.79		0.67	0.9	0.66	0.9	0.98	0.91	0.98	0.89
Other Liab	0.77	0.67	0.76	-0.25	-0.91	0.7	0.39	0.77	0.74	0.39	0.89	0.59	0.71	0.86	0.49	-0.06	0.41	0.67		0.73	0.56	0.8	0.71	0.82	0.67	0.69
Net Tangible Assets	0.99	0.88	0.99	-0.33	-0.9	0.79	0.5	0.99	0.5	0.5	0.55	0.9	0.97	0.89	0.66	0.01	0.72	0.9	0.73		0.67	0.99	0.94	0.85	0.94	0.99
Net Receivables	0.69	0.41	0.7	-0.57	-0.63	0.83	0.66	0.63	0.42	0.66	0.65	0.45	0.73	0.57	0.72	-0.03	0.54	0.66	0.56	0.67		0.69	0.65	0.68	0.7	0.61
Property Plant Equipment	0.99	0.89	0.99	-0.3	-0.95	0.8	0.48	0.99	0.55	0.48	0.63	0.88	0.95	0.93	0.64	0.0	0.68	0.9	0.8	0.99	0.69		0.94	0.9	0.93	0.98
Property Plant And Equipment Net	0.94	0.8	0.94	-0.32	-0.88	0.78	0.47	0.94	0.55	0.47	0.52	0.88	0.91	0.82	0.61	-0.02	0.77	0.98	0.71	0.94	0.65	0.94		0.92	0.98	0.94
Common Stock Total Equity	0.88	0.8	0.87	-0.3	-0.92	0.75	0.47	0.87	0.63	0.47	0.7	0.72	0.78	0.89	0.58	-0.04	0.59	0.91	0.82	0.85	0.68	0.9	0.92		0.89	0.84
Net Invested Capital	0.95	0.75	0.96	-0.49	-0.83	0.85	0.63	0.91	0.51	0.63	0.5	0.83	0.92	0.77	0.75	-0.02	0.81	0.98	0.67	0.94	0.7	0.93	0.98	0.89		0.92
Property Plant And Equipment Gross	0.97	0.9	0.97	-0.2	-0.9	0.71	0.37	0.99	0.46	0.37	0.49	0.95	0.95	0.89	0.55	0.02	0.7	0.89	0.69	0.99	0.61	0.98	0.94	0.84	0.92

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Phoenix Global Account Relationship Matchups

Phoenix Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.4M	16.3M	39.9M	39.7M	40.5M	42.5M
Total Current Liabilities	282.9K	1.7M	1.1M	1.1M	2.7M	2.8M
Total Stockholder Equity	10.4M	13.7M	37.7M	37.8M	37.2M	39.0M
Net Debt	589.4K	402.5K	(13.0M)	(4.7M)	1.8M	1.9M
Retained Earnings	(5.2M)	(5.5M)	(5.8M)	(7.1M)	(8.2M)	(7.8M)
Accounts Payable	178.1K	156.1K	862.9K	569.9K	410.4K	327.3K
Cash	210.6K	1.1M	13.0M	4.7M	283.7K	269.5K
Non Current Assets Total	11.9M	15.1M	26.5M	33.5M	38.8M	40.7M
Cash And Short Term Investments	210.6K	1.1M	13.1M	4.7M	287.9K	273.5K
Liabilities And Stockholders Equity	12.4M	16.3M	39.9M	39.7M	40.5M	42.5M
Non Current Liabilities Total	767.4K	757.7K	1.6M	1.0M	657.7K	706.2K
Other Current Assets	267.9K	122.3K	365.8K	1.5M	1.4M	1.5M
Other Stockholder Equity	15.6M	(18.6K)	43.4M	44.9M	45.4M	47.6M
Total Liab	1.8M	2.5M	2.1M	1.8M	3.3M	3.5M
Total Current Assets	478.5K	1.3M	13.5M	6.2M	1.7M	2.8M
Other Current Liab	104.8K	37.8K	270.3K	502.6K	206.3K	183.1K
Common Stock Shares Outstanding	40.9M	57.5M	104.2M	121.8M	122.7M	63.6M
Net Tangible Assets	8.8M	10.2M	13.4M	37.4M	43.0M	45.1M
Net Receivables	243.9K	68.8K	365.8K	181.1K	208.2K	184.2K
Property Plant Equipment	9.9M	11.7M	14.8M	26.1M	30.0M	31.5M
Property Plant And Equipment Net	11.9M	15.1M	26.5M	33.5M	38.8M	22.2M
Net Invested Capital	11.2M	15.3M	37.7M	37.8M	39.2M	24.6M
Property Plant And Equipment Gross	11.9M	15.1M	26.5M	33.5M	38.5M	40.4M
Net Working Capital	195.6K	(474.1K)	12.3M	5.1M	(943.0K)	(895.9K)
Common Stock	13.4M	15.6M	19.3M	43.5M	50.0M	52.5M

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Other Information on Investing in Phoenix Stock

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

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Phoenix Income Before Tax vs Ebitda Analysis

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebitda

Phoenix Global fundamental ratios Correlations

Phoenix Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Phoenix Global fundamental ratios Accounts

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Other Information on Investing in Phoenix Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Net Tangible Assets	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Property Plant Equipment	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Total Liab	- 0.97	Retained Earnings
Property Plant Equipment	- 0.95	Retained Earnings
Non Current Assets Total	- 0.94	Retained Earnings
Retained Earnings	- 0.93	Total Assets