Salzer Income Before Tax vs Net Income From Continuing Ops Analysis

SALZERELEC   911.45  22.70  2.55%   
Salzer Electronics financial indicator trend analysis is much more than just breaking down Salzer Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salzer Electronics is a good investment. Please check the relationship between Salzer Electronics Income Before Tax and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics 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 income.

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 Salzer Electronics Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Salzer Electronics' Income Before Tax and Net Income From Continuing Ops is 0.86. 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 Salzer Electronics Limited, assuming nothing else is changed. The correlation between historical values of Salzer Electronics' 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 Salzer Electronics Limited 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., Salzer Electronics' Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Salzer Electronics income statement and is an important metric when analyzing Salzer Electronics 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 Salzer Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salzer Electronics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics 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 income.
The current year's Issuance Of Capital Stock is expected to grow to about 277.4 M, whereas Selling General Administrative is forecasted to decline to about 45.3 M.
 2022 2023 2024 2025 (projected)
Interest Expense261.2M340.9M392.0M411.6M
Depreciation And Amortization166.0M201.1M231.3M118.1M

Salzer Electronics fundamental ratios Correlations

0.990.70.991.00.990.991.00.97-0.730.840.050.410.990.870.660.990.540.741.01.00.980.850.040.920.78
0.990.670.990.980.971.01.00.98-0.730.81-0.050.390.990.830.661.00.50.691.01.00.980.81-0.010.910.73
0.70.670.720.70.720.670.680.61-0.480.810.230.340.650.80.280.680.70.770.70.680.710.780.290.560.78
0.990.990.720.980.970.990.990.98-0.690.82-0.010.430.990.840.610.990.50.711.01.00.980.82-0.010.910.75
1.00.980.70.980.990.980.990.96-0.740.850.110.410.970.880.680.980.580.770.990.990.980.870.080.930.81
0.990.970.720.970.990.980.980.94-0.790.880.120.330.950.90.690.970.60.780.980.970.990.890.180.890.81
0.991.00.670.990.980.981.00.98-0.750.82-0.040.370.990.840.681.00.510.71.00.990.980.810.00.910.74
1.01.00.680.990.990.981.00.98-0.720.820.00.40.990.850.671.00.520.711.01.00.980.830.00.920.77
0.970.980.610.980.960.940.980.98-0.660.78-0.090.470.990.820.670.980.360.660.980.980.950.78-0.080.930.68
-0.73-0.73-0.48-0.69-0.74-0.79-0.75-0.72-0.66-0.75-0.160.21-0.65-0.69-0.77-0.74-0.6-0.64-0.71-0.69-0.74-0.7-0.47-0.56-0.63
0.840.810.810.820.850.880.820.820.78-0.750.180.340.770.980.70.820.710.890.820.80.860.980.380.750.88
0.05-0.050.23-0.010.110.12-0.040.0-0.09-0.160.18-0.04-0.020.230.06-0.020.490.470.00.01-0.020.280.390.070.44
0.410.390.340.430.410.330.370.40.470.210.34-0.040.470.430.120.380.080.350.410.440.350.41-0.450.650.36
0.990.990.650.990.970.950.990.990.99-0.650.77-0.020.470.810.640.990.440.690.991.00.950.78-0.110.930.72
0.870.830.80.840.880.90.840.850.82-0.690.980.230.430.810.710.840.710.90.850.840.880.990.270.810.92
0.660.660.280.610.680.690.680.670.67-0.770.70.060.120.640.710.660.420.620.650.650.640.70.140.640.63
0.991.00.680.990.980.971.01.00.98-0.740.82-0.020.380.990.840.660.480.711.00.990.980.810.010.90.74
0.540.50.70.50.580.60.510.520.36-0.60.710.490.080.440.710.420.480.750.50.50.550.750.440.420.86
0.740.690.770.710.770.780.70.710.66-0.640.890.470.350.690.90.620.710.750.710.710.710.920.340.690.9
1.01.00.71.00.990.981.01.00.98-0.710.820.00.410.990.850.651.00.50.711.00.980.820.00.920.75
1.01.00.681.00.990.970.991.00.98-0.690.80.010.441.00.840.650.990.50.711.00.970.81-0.050.930.76
0.980.980.710.980.980.990.980.980.95-0.740.86-0.020.350.950.880.640.980.550.710.980.970.860.120.870.77
0.850.810.780.820.870.890.810.830.78-0.70.980.280.410.780.990.70.810.750.920.820.810.860.330.790.93
0.04-0.010.29-0.010.080.180.00.0-0.08-0.470.380.39-0.45-0.110.270.140.010.440.340.0-0.050.120.33-0.10.22
0.920.910.560.910.930.890.910.920.93-0.560.750.070.650.930.810.640.90.420.690.920.930.870.79-0.10.7
0.780.730.780.750.810.810.740.770.68-0.630.880.440.360.720.920.630.740.860.90.750.760.770.930.220.7
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Salzer Electronics Account Relationship Matchups

Salzer Electronics fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.8B7.5B9.0B9.9B11.4B12.0B
Short Long Term Debt Total2.0B2.5B2.8B3.1B3.6B3.8B
Other Current Liab601.2M445.2M648.2M682.4M784.8M426.6M
Total Current Liabilities3.1B3.6B4.5B4.7B5.4B5.7B
Total Stockholder Equity3.3B3.5B4.1B4.7B5.4B5.7B
Property Plant And Equipment Net2.1B2.2B2.4B2.6B3.0B3.1B
Net Debt2.0B2.5B2.7B3.1B3.6B3.7B
Retained Earnings1.7B1.9B2.2B2.7B3.1B3.2B
Accounts Payable631.6M762.2M1.1B1.0B1.2B1.3B
Cash53.0M19.0M72.8M32.5M29.2M27.8M
Non Current Assets Total2.5B2.5B2.7B2.9B3.3B1.7B
Non Currrent Assets Other99K(64.0M)53.0M85.5M98.4M107.7M
Cash And Short Term Investments134.5M103.3M220.4M182.8M210.2M147.8M
Net Receivables1.9B2.2B3.1B3.3B3.8B4.0B
Liabilities And Stockholders Equity6.8B7.5B9.0B9.9B11.4B12.0B
Non Current Liabilities Total353.5M324.2M347.9M424.9M488.6M331.0M
Inventory1.8B2.3B2.7B2.9B3.4B3.5B
Other Current Assets483.7M421.3M141.2M582.2M669.6M335.9M
Total Liab3.5B3.9B4.8B5.1B5.9B6.2B
Total Current Assets4.3B5.0B6.3B7.0B8.1B8.5B
Accumulated Other Comprehensive Income222.8M230.3M359.0M269.4M309.8M325.3M
Short Term Debt2.4B2.8B2.7B3.0B3.4B3.6B
Current Deferred Revenue578.5M410.6M72.5M5.1M5.8M5.5M
Short Term Investments81.5M84.3M147.6M150.3M172.8M181.5M
Intangible Assets17.8M15.2M17.2M30.4M35.0M18.4M
Other Liab194.1M190.8M200.1M228.8M263.1M202.4M
Net Tangible Assets2.8B3.0B3.2B3.4B3.9B3.0B
Other Assets311.7M286.8M70.3M1K900.0855.0
Long Term Debt162.7M124.1M77.8M149.9M134.9M98.3M
Short Long Term Debt1.8B2.4B2.6B2.9B3.4B1.9B
Property Plant Equipment2.1B2.1B2.1B2.4B2.7B2.0B
Long Term Debt Total177.8M162.7M124.1M119.1M137.0M128.9M
Cash And Equivalents3.5M4.1M500K33.7M30.3M21.7M
Net Invested Capital5.3B6.0B6.8B7.8B9.0B6.2B
Net Working Capital1.2B1.4B1.8B2.3B2.7B1.5B

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Other Information on Investing in Salzer Stock

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