PGIM Income Before Tax vs Total Operating Expenses Analysis

SDHY Stock  USD 16.53  0.06  0.36%   
PGIM Short financial indicator trend analysis is much more than just breaking down PGIM Short Duration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PGIM Short Duration is a good investment. Please check the relationship between PGIM Short Income Before Tax and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in PGIM Short Duration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PGIM Short Duration Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PGIM Short's Income Before Tax and Total Operating Expenses is 0.86. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of PGIM Short Duration, assuming nothing else is changed. The correlation between historical values of PGIM Short's Income Before Tax and Total 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 PGIM Short Duration are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., PGIM Short's Income Before Tax and Total Operating Expenses 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 PGIM Short income statement and is an important metric when analyzing PGIM Short Duration 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from PGIM Short's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PGIM Short Duration 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 PGIM Short Duration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, PGIM Short's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 8.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 284.7 K in 2024.
 2010 2022 2023 2024 (projected)
Interest Income25.2M29.6M33.3M32.3M
Net Interest Income23.5M23.9M25.5M26.7M

PGIM Short fundamental ratios Correlations

0.96-0.840.931.00.850.910.88-0.51.0-0.85-0.75-0.50.770.740.960.860.820.990.970.960.650.80.80.8
0.96-0.860.970.950.910.930.88-0.470.95-0.91-0.81-0.470.590.61.00.90.710.981.01.00.720.780.780.78
-0.84-0.86-0.91-0.8-0.62-0.94-1.00.84-0.850.960.470.84-0.63-0.33-0.86-0.84-0.44-0.91-0.82-0.85-0.35-0.43-0.43-0.43
0.930.97-0.910.910.890.910.93-0.540.92-0.9-0.79-0.540.630.560.970.970.660.960.970.980.70.740.740.74
1.00.95-0.80.910.850.870.84-0.450.99-0.81-0.77-0.450.790.790.950.840.860.970.960.950.670.830.830.83
0.850.91-0.620.890.850.70.66-0.10.82-0.68-0.98-0.10.480.690.910.90.770.830.940.930.940.920.920.92
0.910.93-0.940.910.870.70.95-0.730.91-0.99-0.55-0.730.560.40.930.780.510.960.90.920.420.520.520.52
0.880.88-1.00.930.840.660.95-0.810.89-0.95-0.52-0.810.680.40.880.860.510.930.850.880.40.50.50.5
-0.5-0.470.84-0.54-0.45-0.1-0.73-0.81-0.530.76-0.081.0-0.450.05-0.47-0.42-0.03-0.6-0.41-0.450.220.090.090.09
1.00.95-0.850.920.990.820.910.89-0.53-0.86-0.72-0.530.790.730.950.840.810.990.950.950.610.780.780.78
-0.85-0.910.96-0.9-0.81-0.68-0.99-0.950.76-0.860.520.76-0.47-0.28-0.91-0.79-0.4-0.92-0.87-0.89-0.4-0.45-0.45-0.45
-0.75-0.810.47-0.79-0.77-0.98-0.55-0.52-0.08-0.720.52-0.08-0.44-0.72-0.81-0.84-0.78-0.71-0.86-0.84-0.99-0.95-0.95-0.95
-0.5-0.470.84-0.54-0.45-0.1-0.73-0.811.0-0.530.76-0.08-0.450.05-0.47-0.42-0.03-0.6-0.41-0.450.220.090.090.09
0.770.59-0.630.630.790.480.560.68-0.450.79-0.47-0.44-0.450.820.590.630.830.720.620.610.360.630.630.63
0.740.6-0.330.560.790.690.40.40.050.73-0.28-0.720.050.820.60.580.990.630.660.620.70.90.90.9
0.961.0-0.860.970.950.910.930.88-0.470.95-0.91-0.81-0.470.590.60.90.710.981.01.00.720.780.780.78
0.860.9-0.840.970.840.90.780.86-0.420.84-0.79-0.84-0.420.630.580.90.670.870.910.920.770.780.780.78
0.820.71-0.440.660.860.770.510.51-0.030.81-0.4-0.78-0.030.830.990.710.670.730.760.720.740.930.930.93
0.990.98-0.910.960.970.830.960.93-0.60.99-0.92-0.71-0.60.720.630.980.870.730.970.970.60.730.730.73
0.971.0-0.820.970.960.940.90.85-0.410.95-0.87-0.86-0.410.620.661.00.910.760.971.00.770.830.830.83
0.961.0-0.850.980.950.930.920.88-0.450.95-0.89-0.84-0.450.610.621.00.920.720.971.00.750.80.80.8
0.650.72-0.350.70.670.940.420.40.220.61-0.4-0.990.220.360.70.720.770.740.60.770.750.930.930.93
0.80.78-0.430.740.830.920.520.50.090.78-0.45-0.950.090.630.90.780.780.930.730.830.80.931.01.0
0.80.78-0.430.740.830.920.520.50.090.78-0.45-0.950.090.630.90.780.780.930.730.830.80.931.01.0
0.80.78-0.430.740.830.920.520.50.090.78-0.45-0.950.090.630.90.780.780.930.730.830.80.931.01.0
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PGIM Short Account Relationship Matchups

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When running PGIM Short's price analysis, check to measure PGIM Short'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 PGIM Short is operating at the current time. Most of PGIM Short's value examination focuses on studying past and present price action to predict the probability of PGIM Short's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGIM Short's price. Additionally, you may evaluate how the addition of PGIM Short to your portfolios can decrease your overall portfolio volatility.