Standard Interest Expense vs Income Before Tax 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 Interest Expense and its Income Before Tax 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.

Interest Expense vs Income Before Tax

Interest Expense vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Chartered PLC Interest Expense account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Standard Chartered's Interest Expense and Income Before Tax is 0.52. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax 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 Interest Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Standard Chartered PLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., Standard Chartered's Interest Expense and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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.
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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