Tatton Other Operating Expenses vs Income Before Tax Analysis

TAM Stock   694.00  10.00  1.42%   
Tatton Asset financial indicator trend analysis is much more than just breaking down Tatton Asset Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tatton Asset Management is a good investment. Please check the relationship between Tatton Asset Other Operating Expenses and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tatton Asset Management. 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.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tatton Asset Management Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tatton Asset's Other Operating Expenses and Income Before Tax is 0.81. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Tatton Asset Management, assuming nothing else is changed. The correlation between historical values of Tatton Asset's Other Operating Expenses 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 Other Operating Expenses of Tatton Asset Management 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 Other Operating Expenses i.e., Tatton Asset's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tatton Asset Management. It is also known as Tatton Asset overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tatton Asset income statement and is an important metric when analyzing Tatton Asset Management 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 Tatton Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tatton Asset Management 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 Tatton Asset Management. 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.
As of November 29, 2024, Discontinued Operations is expected to decline to about (155 K). In addition to that, Selling General Administrative is expected to decline to about 13.2 M
 2021 2022 2023 2024 (projected)
Interest Expense355K620K353K182.2K
Depreciation And Amortization913K1.0M918K479.4K

Tatton Asset fundamental ratios Correlations

-0.750.960.881.00.910.74-0.32-0.940.970.410.980.90.060.98-0.740.980.830.78-0.23-0.710.91-0.470.970.99-0.74
-0.75-0.87-0.72-0.76-0.77-0.65-0.050.85-0.81-0.23-0.83-0.7-0.52-0.830.98-0.78-0.85-0.750.70.87-0.710.55-0.72-0.760.97
0.96-0.870.890.960.930.85-0.23-0.960.970.350.970.870.250.97-0.850.960.890.8-0.37-0.840.89-0.530.950.96-0.88
0.88-0.720.890.850.770.70.06-0.810.790.340.810.880.020.81-0.630.860.590.64-0.04-0.540.97-0.310.910.84-0.66
1.0-0.760.960.850.920.74-0.35-0.950.980.390.980.890.080.98-0.760.980.850.8-0.28-0.740.88-0.480.960.99-0.76
0.91-0.770.930.770.920.79-0.4-0.980.940.420.940.90.160.94-0.780.920.870.93-0.4-0.840.79-0.510.870.94-0.84
0.74-0.650.850.70.740.79-0.34-0.760.810.270.780.620.320.78-0.670.770.80.57-0.24-0.780.69-0.480.80.77-0.74
-0.32-0.05-0.230.06-0.35-0.4-0.340.34-0.41-0.37-0.38-0.180.12-0.380.07-0.36-0.42-0.310.050.32-0.080.33-0.33-0.40.07
-0.940.85-0.96-0.81-0.95-0.98-0.760.34-0.97-0.41-0.97-0.91-0.18-0.970.85-0.95-0.89-0.920.460.86-0.830.56-0.9-0.960.87
0.97-0.810.970.790.980.940.81-0.41-0.970.380.990.840.210.99-0.830.970.940.82-0.41-0.850.82-0.550.930.98-0.84
0.41-0.230.350.340.390.420.27-0.37-0.410.380.430.330.110.43-0.240.510.320.41-0.03-0.250.53-0.230.520.45-0.2
0.98-0.830.970.810.980.940.78-0.38-0.970.990.430.850.221.0-0.840.980.920.83-0.41-0.830.85-0.550.940.99-0.84
0.9-0.70.870.880.890.90.62-0.18-0.910.840.330.85-0.110.85-0.660.880.650.87-0.2-0.650.86-0.440.860.87-0.7
0.06-0.520.250.020.080.160.320.12-0.180.210.110.22-0.110.22-0.560.160.470.08-0.63-0.530.06-0.340.080.12-0.53
0.98-0.830.970.810.980.940.78-0.38-0.970.990.431.00.850.22-0.840.980.920.83-0.41-0.830.85-0.550.940.99-0.84
-0.740.98-0.85-0.63-0.76-0.78-0.670.070.85-0.83-0.24-0.84-0.66-0.56-0.84-0.77-0.9-0.770.780.94-0.640.68-0.69-0.760.98
0.98-0.780.960.860.980.920.77-0.36-0.950.970.510.980.880.160.98-0.770.860.8-0.29-0.770.91-0.510.980.99-0.78
0.83-0.850.890.590.850.870.8-0.42-0.890.940.320.920.650.470.92-0.90.860.77-0.63-0.950.63-0.60.780.87-0.91
0.78-0.750.80.640.80.930.57-0.31-0.920.820.410.830.870.080.83-0.770.80.77-0.55-0.810.65-0.520.710.81-0.81
-0.230.7-0.37-0.04-0.28-0.4-0.240.050.46-0.41-0.03-0.41-0.2-0.63-0.410.78-0.29-0.63-0.550.76-0.060.61-0.14-0.280.73
-0.710.87-0.84-0.54-0.74-0.84-0.780.320.86-0.85-0.25-0.83-0.65-0.53-0.830.94-0.77-0.95-0.810.76-0.550.73-0.68-0.760.95
0.91-0.710.890.970.880.790.69-0.08-0.830.820.530.850.860.060.85-0.640.910.630.65-0.06-0.55-0.350.950.88-0.65
-0.470.55-0.53-0.31-0.48-0.51-0.480.330.56-0.55-0.23-0.55-0.44-0.34-0.550.68-0.51-0.6-0.520.610.73-0.35-0.46-0.480.59
0.97-0.720.950.910.960.870.8-0.33-0.90.930.520.940.860.080.94-0.690.980.780.71-0.14-0.680.95-0.460.96-0.7
0.99-0.760.960.840.990.940.77-0.4-0.960.980.450.990.870.120.99-0.760.990.870.81-0.28-0.760.88-0.480.96-0.77
-0.740.97-0.88-0.66-0.76-0.84-0.740.070.87-0.84-0.2-0.84-0.7-0.53-0.840.98-0.78-0.91-0.810.730.95-0.650.59-0.7-0.77
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Tatton Asset Account Relationship Matchups

Tatton Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.0M31.5M41.3M51.9M52.5M29.9M
Other Current Liab5.9M6.3M6.7M7.3M7.7M5.8M
Total Current Liabilities6.4M6.6M7.6M7.9M8.1M7.0M
Total Stockholder Equity17.8M24.4M31.0M41.8M43.3M21.8M
Net Tangible Assets10.1M10.0M16.8M17.7M20.3M21.3M
Property Plant And Equipment Net1.0M992K749K454K816K517K
Current Deferred Revenue131K132K98K138K238K334.9K
Net Debt(12.1M)(16.2M)(21.2M)(26.2M)(24.2M)(23.0M)
Retained Earnings25.8M30.2M34.6M41.5M45.9M25.1M
Accounts Payable275K294K855K397K328K403.0K
Cash12.8M16.9M21.7M26.5M24.8M14.0M
Non Current Assets Total8.8M10.1M15.0M21.4M22.4M23.5M
Cash And Short Term Investments12.8M17.1M21.9M26.6M24.9M14.0M
Net Receivables1.5M1.3M1.1M446K1.1M1.5M
Common Stock Shares Outstanding57.5M59.3M60.9M61.6M61.8M64.8M
Liabilities And Stockholders Equity25.0M31.5M41.3M51.9M52.5M29.9M
Other Current Assets3.4M4.4M4.5M3.9M5.1M3.1M
Other Stockholder Equity(19.2M)(17.4M)(15.3M)(13.7M)(16.8M)(17.6M)
Total Liab7.2M7.1M10.3M10.2M9.1M7.8M
Property Plant And Equipment Gross1.0M992K1.8M1.8M1.8M889.7K
Total Current Assets16.2M21.4M26.4M30.5M30.1M18.7M
Accumulated Other Comprehensive Income(636K)(934K)(848K)2.0M2.0M2.1M
Short Term Debt165K121K227K270K92K87.4K
Property Plant Equipment349K1.0M992K749K861.4K471.5K
Non Current Liabilities Total808K516K2.7M2.3M1.0M1.5M
Inventory1.7M(1.5M)(1.3M)(1.1M)(1.2M)(1.3M)
Intangible Assets1.5M1.4M4.0M3.6M3.7M2.4M
Net Invested Capital17.8M24.4M31.0M41.8M43.3M29.4M
Net Working Capital9.8M14.9M18.8M22.6M21.9M16.7M

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Other Information on Investing in Tatton Stock

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