Standard Income Before Tax vs Net Income Analysis

STAN Stock   1,004  15.00  1.52%   
Standard Chartered financial indicator trend analysis is much more than just breaking down Standard Chartered PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Chartered PLC is a good investment. Please check the relationship between Standard Chartered Income Before Tax and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Chartered PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Chartered PLC Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Standard Chartered's Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Standard Chartered PLC, assuming nothing else is changed. The correlation between historical values of Standard Chartered's Income Before Tax and Net Income 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 Standard Chartered PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Standard Chartered's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Standard Chartered income statement and is an important metric when analyzing Standard Chartered PLC 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

Net income is one of the most important fundamental items in finance. It plays a large role in Standard Chartered PLC financial statement analysis. It represents the amount of money remaining after all of Standard Chartered PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Standard Chartered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard Chartered PLC 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 Standard Chartered PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 1.8 B in 2025. Tax Provision is likely to drop to about 1.3 B in 2025
 2022 2023 2024 2025 (projected)
Depreciation And Amortization1.2B1.1B1.2B1.3B
Income Tax Expense1.4B1.6B1.9B2.0B

Standard Chartered fundamental ratios Correlations

0.810.950.190.330.560.25-0.30.850.56-0.57-0.010.120.90.470.420.09-0.110.780.45-0.030.920.610.740.580.9
0.810.670.050.650.44-0.05-0.450.680.44-0.54-0.19-0.120.680.320.320.150.230.630.70.120.690.480.310.380.76
0.950.670.410.120.650.41-0.080.920.65-0.40.120.320.940.590.540.07-0.070.850.430.080.980.410.880.750.89
0.190.050.41-0.460.630.630.60.480.630.350.590.850.450.810.710.10.40.530.450.440.44-0.570.570.810.35
0.330.650.12-0.46-0.39-0.68-0.870.03-0.39-0.48-0.57-0.320.04-0.17-0.450.36-0.010.040.210.010.140.51-0.17-0.310.29
0.560.440.650.63-0.390.670.490.791.0-0.050.40.240.770.60.93-0.270.350.710.640.220.67-0.080.560.850.57
0.25-0.050.410.63-0.680.670.740.460.670.280.70.450.480.560.74-0.190.10.540.26-0.050.37-0.220.570.710.33
-0.3-0.45-0.080.6-0.870.490.740.130.490.540.690.330.070.280.56-0.430.350.090.120.24-0.06-0.660.10.44-0.21
0.850.680.920.480.030.790.460.130.79-0.320.280.240.960.630.68-0.170.190.850.610.250.930.240.740.810.82
0.560.440.650.63-0.391.00.670.490.79-0.050.40.240.770.60.93-0.270.350.710.640.220.67-0.080.560.850.57
-0.57-0.54-0.40.35-0.48-0.050.280.54-0.32-0.050.280.39-0.360.130.260.040.33-0.010.040.28-0.37-0.78-0.110.17-0.23
-0.01-0.190.120.59-0.570.40.70.690.280.40.280.440.330.510.47-0.470.350.30.260.30.18-0.440.260.450.12
0.12-0.120.320.85-0.320.240.450.330.240.240.390.440.240.80.40.410.070.410.120.230.3-0.440.610.580.31
0.90.680.940.450.040.770.480.070.960.77-0.360.330.240.60.65-0.20.170.860.610.250.970.290.760.790.87
0.470.320.590.81-0.170.60.560.280.630.60.130.510.80.60.70.180.190.740.50.180.57-0.180.690.770.65
0.420.320.540.71-0.450.930.740.560.680.930.260.470.40.650.7-0.170.40.770.660.230.56-0.260.560.90.57
0.090.150.070.10.36-0.27-0.19-0.43-0.17-0.270.04-0.470.41-0.20.18-0.17-0.30.0-0.16-0.27-0.020.110.2-0.040.11
-0.110.23-0.070.4-0.010.350.10.350.190.350.330.350.070.170.190.4-0.30.210.780.840.1-0.64-0.250.310.1
0.780.630.850.530.040.710.540.090.850.71-0.010.30.410.860.740.770.00.210.680.210.860.120.790.880.94
0.450.70.430.450.210.640.260.120.610.640.040.260.120.610.50.66-0.160.780.680.590.55-0.210.180.620.63
-0.030.120.080.440.010.22-0.050.240.250.220.280.30.230.250.180.23-0.270.840.210.590.27-0.63-0.030.320.16
0.920.690.980.440.140.670.37-0.060.930.67-0.370.180.30.970.570.56-0.020.10.860.550.270.30.830.770.9
0.610.480.41-0.570.51-0.08-0.22-0.660.24-0.08-0.78-0.44-0.440.29-0.18-0.260.11-0.640.12-0.21-0.630.30.21-0.20.35
0.740.310.880.57-0.170.560.570.10.740.56-0.110.260.610.760.690.560.2-0.250.790.18-0.030.830.210.790.76
0.580.380.750.81-0.310.850.710.440.810.850.170.450.580.790.770.9-0.040.310.880.620.320.77-0.20.790.72
0.90.760.890.350.290.570.33-0.210.820.57-0.230.120.310.870.650.570.110.10.940.630.160.90.350.760.72
Click cells to compare fundamentals

Standard Chartered Account Relationship Matchups

Standard Chartered fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets789.1B827.8B819.9B822.8B946.3B993.6B
Short Long Term Debt Total80.6B92.0B91.7B93.0B107.0B112.3B
Total Stockholder Equity50.4B52.3B49.7B50.0B57.5B60.3B
Property Plant And Equipment Net6.5B5.6B5.5B2.3B2.6B3.7B
Net Debt13.9B19.3B33.4B23.1B26.6B27.9B
Cash66.7B72.7B58.3B69.9B80.4B84.4B
Non Current Assets Total366.7B290.3B304.5B299.5B344.4B172.4B
Non Currrent Assets Other(366.7B)(290.3B)(304.5B)(299.5B)(344.4B)(327.2B)
Other Assets355.7B464.8B457.2B453.4B521.4B547.5B
Cash And Short Term Investments66.7B72.7B58.3B69.9B80.4B84.4B
Common Stock Shares Outstanding3.3B3.2B3.2B3.0B3.0B2.6B
Liabilities And Stockholders Equity789.1B827.8B819.9B822.8B946.3B993.6B
Non Current Liabilities Total80.6B92.0B769.9B93.0B107.0B101.6B
Other Stockholder Equity22.7B23.5B20.2B4.0B4.6B4.4B
Total Liab543.4B576.9B645.4B610.3B701.8B736.9B
Property Plant And Equipment Gross6.5B9.0B8.7B4.4B5.1B3.9B
Total Current Assets66.7B72.7B58.3B69.9B80.4B45.4B
Other Current Assets432.3B464.8B28.6B(3.0B)(3.5B)(3.3B)
Other Liab8.8B9.5B9.6B8.9B8.0B7.6B
Retained Earnings26.1B27.2B28.1B28.5B32.7B20.2B
Good Will2.6B2.6B2.5B2.4B2.2B3.2B
Intangible Assets2.4B2.9B3.4B3.8B4.4B4.6B
Common Stock1.6B1.5B1.4B1.3B1.5B1.4B
Property Plant Equipment6.2B6.5B5.6B5.5B6.4B4.9B
Accounts Payable441.9B479.7B515.3B503.2B578.7B408.5B
Other Current Liab43.2B41.9B43.5B7.1B8.1B7.7B
Net Receivables6.9B808M766M503M452.7M430.1M
Total Current Liabilities4.6B4.7B6.0B7.1B8.1B6.0B
Net Tangible Assets43.6B43.8B45.3B42.3B48.6B47.7B
Inventory37M23.2M11.8M14.9M13.4M25.1M
Long Term Investments278.4B279.3B293.1B291.0B334.7B241.9B

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