VOXX Income Before Tax vs Depreciation And Amortization Analysis

VOXX Stock  USD 7.29  0.01  0.14%   
VOXX International financial indicator trend analysis is much more than just breaking down VOXX International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VOXX International is a good investment. Please check the relationship between VOXX International Income Before Tax and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VOXX International Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between VOXX International's Income Before Tax and Depreciation And Amortization is 0.12. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of VOXX International, assuming nothing else is changed. The correlation between historical values of VOXX International's Income Before Tax and Depreciation And Amortization 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 VOXX International are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., VOXX International's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on VOXX International income statement and is an important metric when analyzing VOXX International 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from VOXX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VOXX International 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 VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.Enterprise Value is likely to rise to about 312.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 67.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit169.5M134.3M114.0M129.0M
Total Revenue635.9M534.0M468.9M687.5M

VOXX International fundamental ratios Correlations

0.660.060.650.880.920.590.860.010.960.540.010.790.760.780.790.360.780.880.290.860.680.940.750.750.48
0.66-0.30.210.320.670.880.43-0.510.770.26-0.510.480.250.890.450.050.290.810.260.330.690.760.370.280.19
0.06-0.30.720.08-0.05-0.21-0.10.02-0.07-0.170.020.080.18-0.170.460.340.150.13-0.020.3-0.24-0.150.310.11-0.07
0.650.210.720.580.490.210.460.030.50.080.030.590.580.340.840.570.590.640.130.80.210.430.840.560.29
0.880.320.080.580.870.170.910.420.790.420.420.580.930.410.720.480.940.550.280.850.440.780.70.890.65
0.920.67-0.050.490.870.470.860.070.950.390.070.540.790.680.70.410.820.730.220.690.560.930.680.740.59
0.590.88-0.210.210.170.470.24-0.70.670.46-0.70.630.10.950.43-0.060.120.850.380.330.670.630.250.170.04
0.860.43-0.10.460.910.860.240.380.840.510.380.590.720.480.550.250.750.560.010.730.610.870.630.670.5
0.01-0.510.020.030.420.07-0.70.38-0.08-0.051.0-0.070.33-0.48-0.140.070.33-0.38-0.330.2-0.07-0.050.090.260.07
0.960.77-0.070.50.790.950.670.84-0.080.56-0.080.690.650.850.680.240.690.870.20.70.760.990.630.630.41
0.540.26-0.170.080.420.390.460.51-0.050.56-0.050.570.20.550.21-0.240.220.480.120.370.610.580.040.220.05
0.01-0.510.020.030.420.07-0.70.381.0-0.08-0.05-0.070.33-0.48-0.140.070.33-0.38-0.330.2-0.07-0.050.090.260.08
0.790.480.080.590.580.540.630.59-0.070.690.57-0.070.410.730.570.090.430.810.260.830.60.640.580.480.19
0.760.250.180.580.930.790.10.720.330.650.20.330.410.290.810.691.00.450.50.80.190.610.70.980.77
0.780.89-0.170.340.410.680.950.48-0.480.850.55-0.480.730.290.510.020.320.940.280.50.780.810.410.320.11
0.790.450.460.840.720.70.430.55-0.140.680.21-0.140.570.810.510.680.80.730.560.840.270.610.790.820.61
0.360.050.340.570.480.41-0.060.250.070.24-0.240.070.090.690.020.680.670.230.40.51-0.330.160.740.670.7
0.780.290.150.590.940.820.120.750.330.690.220.330.431.00.320.80.670.470.470.80.240.650.720.970.76
0.880.810.130.640.550.730.850.56-0.380.870.48-0.380.810.450.940.730.230.470.280.70.710.820.640.460.2
0.290.26-0.020.130.280.220.380.01-0.330.20.12-0.330.260.50.280.560.40.470.280.4-0.060.140.140.620.58
0.860.330.30.80.850.690.330.730.20.70.370.20.830.80.50.840.510.80.70.40.390.640.810.830.53
0.680.69-0.240.210.440.560.670.61-0.070.760.61-0.070.60.190.780.27-0.330.240.71-0.060.390.790.20.19-0.17
0.940.76-0.150.430.780.930.630.87-0.050.990.58-0.050.640.610.810.610.160.650.820.140.640.790.570.580.39
0.750.370.310.840.70.680.250.630.090.630.040.090.580.70.410.790.740.720.640.140.810.20.570.690.57
0.750.280.110.560.890.740.170.670.260.630.220.260.480.980.320.820.670.970.460.620.830.190.580.690.81
0.480.19-0.070.290.650.590.040.50.070.410.050.080.190.770.110.610.70.760.20.580.53-0.170.390.570.81
Click cells to compare fundamentals

VOXX International Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for VOXX Stock Analysis

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