Target Net Income vs Ebit Analysis

TH Stock

USD 9.48 0.14 1.46%

Target Hospitality financial indicator trend analysis is much more than just breaking down Target Hospitality Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Hospitality Corp is a good investment. Please check the relationship between Target Hospitality Net Income and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Hospitality Corp. 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.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Hospitality Corp Net Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Target Hospitality's Net Income and Ebit is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Target Hospitality Corp, assuming nothing else is changed. The correlation between historical values of Target Hospitality's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Target Hospitality Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Target Hospitality's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Target Hospitality Corp financial statement analysis. It represents the amount of money remaining after all of Target Hospitality Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Target Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Hospitality Corp 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 Target Hospitality Corp. 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.

The Target Hospitality's current Tax Provision is estimated to increase to about 53.6 M, while Selling General Administrative is projected to decrease to under 43.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	101.4M	247.1M	313.3M	329.0M
Total Revenue	291.3M	502.0M	563.6M	333.8M

Gross Profit Total Revenue

Target Hospitality fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Good Will	Common Stock Total Equity	Inventory
Total Assets		0.62	0.85	0.13	-0.51	-0.36	0.53	0.79	0.8	-0.91	0.54	-0.4	0.77	0.74	0.86	-0.89	0.46	0.39	0.63	-0.44	0.89	0.84	0.62	0.84	0.78	0.87
Other Current Liab	0.62		0.47	0.11	-0.46	-0.14	0.1	0.24	0.18	-0.53	0.35	-0.05	0.45	0.11	0.69	-0.71	0.09	-0.28	0.5	0.04	0.43	0.54	0.46	0.53	0.52	0.4
Total Current Liabilities	0.85	0.47		0.02	-0.27	-0.22	0.28	0.61	0.86	-0.67	0.44	-0.33	0.58	0.67	0.76	-0.63	0.61	0.45	0.39	-0.24	0.64	0.62	0.77	0.59	0.57	0.75
Total Stockholder Equity	0.13	0.11	0.02		0.56	0.81	0.41	0.0	0.02	0.13	-0.74	0.75	-0.45	0.07	-0.34	0.08	0.61	0.17	-0.35	0.47	-0.15	-0.28	-0.5	-0.28	-0.39	-0.13
Other Liab	-0.51	-0.46	-0.27	0.56		0.87	-0.33	-0.65	-0.23	0.78	-0.89	0.86	-0.81	-0.25	-0.75	0.81	0.51	0.2	-0.94	0.8	-0.73	-0.88	-0.52	-0.87	-0.76	-0.58
Net Tangible Assets	-0.36	-0.14	-0.22	0.81	0.87		-0.07	-0.51	-0.3	0.63	-0.95	0.95	-0.84	-0.32	-0.67	0.57	0.47	-0.02	-0.71	0.82	-0.67	-0.74	-0.58	-0.76	-0.79	-0.59
Retained Earnings	0.53	0.1	0.28	0.41	-0.33	-0.07		0.77	0.45	-0.62	0.08	-0.24	0.25	0.57	0.19	-0.55	0.16	0.38	0.5	-0.58	0.54	0.52	-0.18	0.49	0.19	0.46
Accounts Payable	0.79	0.24	0.61	0.0	-0.65	-0.51	0.77		0.66	-0.88	0.55	-0.65	0.71	0.66	0.64	-0.82	0.13	0.32	0.76	-0.8	0.87	0.87	0.4	0.86	0.64	0.83
Cash	0.8	0.18	0.86	0.02	-0.23	-0.3	0.45	0.66		-0.7	0.42	-0.4	0.63	0.94	0.63	-0.56	0.64	0.81	0.28	-0.43	0.7	0.59	0.54	0.6	0.61	0.84
Other Assets	-0.91	-0.53	-0.67	0.13	0.78	0.63	-0.62	-0.88	-0.7		-0.75	0.67	-0.88	-0.71	-0.88	0.96	-0.1	-0.3	-0.84	0.73	-0.96	-0.97	-0.57	-0.97	-0.85	-0.86
Long Term Debt	0.54	0.35	0.44	-0.74	-0.89	-0.95	0.08	0.55	0.42	-0.75		-0.92	0.9	0.38	0.84	-0.71	-0.33	0.02	0.79	-0.74	0.75	0.84	0.76	0.84	0.85	0.66
Net Receivables	-0.4	-0.05	-0.33	0.75	0.86	0.95	-0.24	-0.65	-0.4	0.67	-0.92		-0.79	-0.39	-0.65	0.59	0.41	-0.1	-0.76	0.9	-0.68	-0.77	-0.58	-0.77	-0.71	-0.62
Common Stock Shares Outstanding	0.77	0.45	0.58	-0.45	-0.81	-0.84	0.25	0.71	0.63	-0.88	0.9	-0.79		0.63	0.91	-0.84	-0.02	0.24	0.72	-0.71	0.92	0.91	0.72	0.95	0.99	0.89
Other Stockholder Equity	0.74	0.11	0.67	0.07	-0.25	-0.32	0.57	0.66	0.94	-0.71	0.38	-0.39	0.63		0.54	-0.55	0.55	0.87	0.27	-0.51	0.72	0.58	0.31	0.61	0.61	0.82
Total Liab	0.86	0.69	0.76	-0.34	-0.75	-0.67	0.19	0.64	0.63	-0.88	0.84	-0.65	0.91	0.54		-0.89	0.1	0.12	0.75	-0.5	0.84	0.9	0.86	0.9	0.91	0.8
Short Long Term Debt	-0.89	-0.71	-0.63	0.08	0.81	0.57	-0.55	-0.82	-0.56	0.96	-0.71	0.59	-0.84	-0.55	-0.89		-0.03	-0.08	-0.86	0.61	-0.89	-0.96	-0.58	-0.95	-0.83	-0.8
Total Current Assets	0.46	0.09	0.61	0.61	0.51	0.47	0.16	0.13	0.64	-0.1	-0.33	0.41	-0.02	0.55	0.1	-0.03		0.67	-0.37	0.33	0.15	-0.06	0.13	-0.05	0.03	0.33
Short Term Debt	0.39	-0.28	0.45	0.17	0.2	-0.02	0.38	0.32	0.81	-0.3	0.02	-0.1	0.24	0.87	0.12	-0.08	0.67		-0.18	-0.24	0.34	0.13	0.04	0.16	0.23	0.49
Intangible Assets	0.63	0.5	0.39	-0.35	-0.94	-0.71	0.5	0.76	0.28	-0.84	0.79	-0.76	0.72	0.27	0.75	-0.86	-0.37	-0.18		-0.76	0.76	0.91	0.5	0.87	0.66	0.56
Common Stock	-0.44	0.04	-0.24	0.47	0.8	0.82	-0.58	-0.8	-0.43	0.73	-0.74	0.9	-0.71	-0.51	-0.5	0.61	0.33	-0.24	-0.76		-0.74	-0.78	-0.29	-0.77	-0.61	-0.65
Property Plant Equipment	0.89	0.43	0.64	-0.15	-0.73	-0.67	0.54	0.87	0.7	-0.96	0.75	-0.68	0.92	0.72	0.84	-0.89	0.15	0.34	0.76	-0.74		0.94	0.58	0.96	0.9	0.92
Non Current Assets Total	0.84	0.54	0.62	-0.28	-0.88	-0.74	0.52	0.87	0.59	-0.97	0.84	-0.77	0.91	0.58	0.9	-0.96	-0.06	0.13	0.91	-0.78	0.94		0.64	0.99	0.87	0.84
Non Currrent Assets Other	0.62	0.46	0.77	-0.5	-0.52	-0.58	-0.18	0.4	0.54	-0.57	0.76	-0.58	0.72	0.31	0.86	-0.58	0.13	0.04	0.5	-0.29	0.58	0.64		0.63	0.72	0.6
Good Will	0.84	0.53	0.59	-0.28	-0.87	-0.76	0.49	0.86	0.6	-0.97	0.84	-0.77	0.95	0.61	0.9	-0.95	-0.05	0.16	0.87	-0.77	0.96	0.99	0.63		0.92	0.88
Common Stock Total Equity	0.78	0.52	0.57	-0.39	-0.76	-0.79	0.19	0.64	0.61	-0.85	0.85	-0.71	0.99	0.61	0.91	-0.83	0.03	0.23	0.66	-0.61	0.9	0.87	0.72	0.92		0.87
Inventory	0.87	0.4	0.75	-0.13	-0.58	-0.59	0.46	0.83	0.84	-0.86	0.66	-0.62	0.89	0.82	0.8	-0.8	0.33	0.49	0.56	-0.65	0.92	0.84	0.6	0.88	0.87

Click cells to compare fundamentals

Target Hospitality Account Relationship Matchups

Target Hospitality fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	600.8M	534.2M	513.4M	771.7M	694.4M	597.6M
Other Current Liab	35.3M	24.7M	33.1M	26.0M	21.0M	25.5M
Total Current Liabilities	60.9M	45.5M	72.8M	190.9M	70.3M	75.1M
Total Stockholder Equity	123.4M	99.4M	97.3M	200.8M	377.3M	214.2M
Other Liab	12.2M	15.0M	13.1M	38.9M	35.0M	22.8M
Net Tangible Assets	(40.2M)	(50.7M)	(32.3M)	84.6M	76.2M	46.8M
Retained Earnings	37.7M	10.2M	13.7M	87.7M	261.1M	274.2M
Accounts Payable	7.8M	10.6M	11.8M	17.6M	20.9M	13.4M
Cash	6.8M	7.0M	23.4M	181.7M	103.9M	109.1M
Other Assets	11.2M	18.6M	31.5M	962K	1.0	0.95
Long Term Debt	403.3M	374.5M	330.2M	328.8M	178.1M	272.7M
Net Receivables	48.5M	28.2M	28.8M	42.2M	67.1M	42.2M
Common Stock Shares Outstanding	94.5M	96.0M	96.6M	100.1M	105.3M	82.5M
Other Stockholder Equity	2.6M	2.4M	2.5M	115.7M	118.8M	124.8M
Total Liab	477.4M	434.8M	416.1M	570.9M	317.0M	350.1M
Total Current Assets	60.8M	43.6M	60.5M	236.4M	180.5M	113.5M
Short Term Debt	989K	3.6M	729K	27.3M	26.6M	27.9M
Intangible Assets	117.9M	103.1M	88.5M	75.2M	66.9M	88.8M
Common Stock	85.7M	89.2M	83.5M	113.2M	10K	9.5K
Property Plant Equipment	365.2M	322.5M	303.0M	389.0M	447.4M	327.7M
Non Current Assets Total	540.0M	490.7M	452.9M	535.3M	513.9M	475.0M
Non Currrent Assets Other	27.4M	35.0M	31.5M	62.0M	2.5M	2.4M
Liabilities And Stockholders Equity	600.8M	534.2M	513.4M	771.7M	694.4M	578.3M
Non Current Liabilities Total	416.5M	389.3M	343.3M	380.0M	246.7M	302.8M
Other Current Assets	5.5M	8.4M	8.4M	12.6M	9.5M	7.6M
Net Invested Capital	526.7M	473.9M	427.5M	529.7M	555.4M	395.7M
Net Working Capital	(126K)	(2.0M)	(12.3M)	45.5M	110.2M	115.7M
Short Long Term Debt Total	405.2M	378.1M	330.9M	342.5M	200.8M	327.9M
Property Plant And Equipment Net	353.7M	311.5M	291.8M	357.1M	403.4M	372.2M
Current Deferred Revenue	16.8M	6.6M	27.1M	120.0M	1.8M	1.7M
Net Debt	396.5M	367.5M	306.8M	160.8M	96.9M	193.0M
Cash And Short Term Investments	6.8M	7.0M	23.4M	181.7M	103.9M	61.4M
Long Term Debt Total	404.3M	374.5M	330.2M	328.8M	378.2M	344.6M
Capital Surpluse	111.8M	106.6M	109.5M	139.3M	125.4M	125.9M
Deferred Long Term Liab	4.7M	3.4M	7.3M	20.7M	23.7M	24.9M

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Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target Hospitality. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.54)

Earnings Share

0.87

Revenue Per Share

4.256

Quarterly Revenue Growth

(0.35)

Return On Assets

0.1237

The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Target Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

Target Hospitality fundamental ratios Correlations

Target Hospitality Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Target Hospitality fundamental ratios Accounts

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COMPANY

Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Good Will	+ 0.99	Non Current Assets Total
Short Long Term Debt	+ 0.96	Other Assets
Good Will	+ 0.96	Property Plant Equipment
Net Receivables	+ 0.95	Net Tangible Assets
Good Will	+ 0.95	Common Stock Shares Outstanding

Good Will	- 0.97	Other Assets
Non Current Assets Total	- 0.97	Other Assets
Non Current Assets Total	- 0.96	Short Long Term Debt
Property Plant Equipment	- 0.96	Other Assets
Good Will	- 0.95	Short Long Term Debt
Long Term Debt	- 0.95	Net Tangible Assets