Anhui Income Before Tax vs Ebitda Analysis

001217 Stock

11.08 0.21 1.93%

Anhui Huaertai financial indicator trend analysis is way more than just evaluating Anhui Huaertai Chemical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Huaertai Chemical is a good investment. Please check the relationship between Anhui Huaertai Income Before Tax and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huaertai Chemical. 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 Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Huaertai Chemical Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Anhui Huaertai's Income Before Tax and Ebitda is 0.92. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Anhui Huaertai Chemical, assuming nothing else is changed. The correlation between historical values of Anhui Huaertai's Income Before Tax and Ebitda 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 Anhui Huaertai Chemical are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Anhui Huaertai's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

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

Ebitda

Most indicators from Anhui Huaertai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Huaertai Chemical 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Huaertai Chemical. 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.

The current year's Tax Provision is expected to grow to about 37.4 M, whereas Selling General Administrative is forecasted to decline to about 19.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	606.5M	358.2M	286.3M	382.7M
Total Revenue	1.9B	2.1B	1.8B	1.7B

Gross Profit Total Revenue

Anhui Huaertai fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Net Receivables
Total Assets		-0.75	0.05	0.76	0.98	0.79	-0.92	0.98	0.82	0.95	0.96	0.6	0.91	0.08	0.96	-0.62	0.93	0.85	0.93	-0.76	0.84	0.99	0.95	0.98	0.98	0.87
Short Long Term Debt Total	-0.75		-0.34	-0.51	-0.83	-0.68	0.88	-0.87	-0.62	-0.78	-0.7	-0.47	-0.79	0.29	-0.8	0.97	-0.8	-0.4	-0.74	1.0	-0.57	-0.73	-0.82	-0.75	-0.8	-0.83
Other Current Liab	0.05	-0.34		-0.53	0.21	-0.41	-0.26	0.2	-0.42	0.3	-0.14	0.42	0.11	-0.23	0.26	-0.52	-0.01	-0.4	0.31	-0.34	-0.39	0.02	-0.02	0.18	0.19	0.35
Total Current Liabilities	0.76	-0.51	-0.53		0.68	0.96	-0.66	0.68	0.99	0.6	0.82	0.3	0.74	0.25	0.66	-0.29	0.84	0.84	0.58	-0.51	0.85	0.76	0.78	0.66	0.67	0.59
Total Stockholder Equity	0.98	-0.83	0.21	0.68		0.74	-0.97	0.99	0.76	0.98	0.91	0.62	0.94	0.02	0.98	-0.72	0.94	0.74	0.97	-0.83	0.76	0.97	0.94	0.99	0.99	0.93
Property Plant And Equipment Net	0.79	-0.68	-0.41	0.96	0.74		-0.75	0.76	0.98	0.66	0.83	0.23	0.81	0.04	0.7	-0.48	0.89	0.77	0.63	-0.68	0.87	0.8	0.87	0.71	0.73	0.66
Net Debt	-0.92	0.88	-0.26	-0.66	-0.97	-0.75		-0.95	-0.75	-0.97	-0.8	-0.58	-0.98	-0.02	-0.96	0.79	-0.96	-0.59	-0.96	0.88	-0.66	-0.91	-0.91	-0.94	-0.95	-0.98
Retained Earnings	0.98	-0.87	0.2	0.68	0.99	0.76	-0.95		0.76	0.95	0.92	0.61	0.91	-0.06	0.97	-0.77	0.92	0.74	0.93	-0.87	0.78	0.96	0.95	0.97	0.98	0.91
Accounts Payable	0.82	-0.62	-0.42	0.99	0.76	0.98	-0.75	0.76		0.67	0.86	0.37	0.8	0.18	0.74	-0.42	0.89	0.83	0.65	-0.63	0.86	0.81	0.84	0.73	0.74	0.67
Cash	0.95	-0.78	0.3	0.6	0.98	0.66	-0.97	0.95	0.67		0.82	0.61	0.95	0.07	0.97	-0.69	0.92	0.65	1.0	-0.78	0.66	0.95	0.89	0.98	0.98	0.96
Non Current Assets Total	0.96	-0.7	-0.14	0.82	0.91	0.83	-0.8	0.92	0.86	0.82		0.53	0.8	0.03	0.87	-0.54	0.85	0.93	0.79	-0.7	0.93	0.94	0.93	0.9	0.91	0.72
Non Currrent Assets Other	0.6	-0.47	0.42	0.3	0.62	0.23	-0.58	0.61	0.37	0.61	0.53		0.48	0.33	0.73	-0.46	0.49	0.43	0.63	-0.47	0.19	0.48	0.4	0.58	0.57	0.63
Cash And Short Term Investments	0.91	-0.79	0.11	0.74	0.94	0.81	-0.98	0.91	0.8	0.95	0.8	0.48		0.1	0.92	-0.66	0.99	0.64	0.95	-0.79	0.7	0.93	0.91	0.92	0.93	0.96
Non Current Liabilities Total	0.08	0.29	-0.23	0.25	0.02	0.04	-0.02	-0.06	0.18	0.07	0.03	0.33	0.1		0.16	0.42	0.11	0.24	0.14	0.27	-0.09	0.05	-0.03	0.07	0.04	0.12
Inventory	0.96	-0.8	0.26	0.66	0.98	0.7	-0.96	0.97	0.74	0.97	0.87	0.73	0.92	0.16		-0.7	0.92	0.71	0.96	-0.8	0.67	0.93	0.9	0.96	0.97	0.95
Other Current Assets	-0.62	0.97	-0.52	-0.29	-0.72	-0.48	0.79	-0.77	-0.42	-0.69	-0.54	-0.46	-0.66	0.42	-0.7		-0.65	-0.21	-0.65	0.96	-0.4	-0.59	-0.68	-0.64	-0.69	-0.74
Other Stockholder Equity	0.93	-0.8	-0.01	0.84	0.94	0.89	-0.96	0.92	0.89	0.92	0.85	0.49	0.99	0.11	0.92	-0.65		0.71	0.91	-0.8	0.77	0.93	0.93	0.91	0.92	0.92
Total Liab	0.85	-0.4	-0.4	0.84	0.74	0.77	-0.59	0.74	0.83	0.65	0.93	0.43	0.64	0.24	0.71	-0.21	0.71		0.63	-0.4	0.91	0.83	0.78	0.77	0.75	0.51
Total Current Assets	0.93	-0.74	0.31	0.58	0.97	0.63	-0.96	0.93	0.65	1.0	0.79	0.63	0.95	0.14	0.96	-0.65	0.91	0.63		-0.74	0.61	0.93	0.86	0.97	0.96	0.97
Short Term Debt	-0.76	1.0	-0.34	-0.51	-0.83	-0.68	0.88	-0.87	-0.63	-0.78	-0.7	-0.47	-0.79	0.27	-0.8	0.96	-0.8	-0.4	-0.74		-0.57	-0.73	-0.82	-0.75	-0.8	-0.83
Intangible Assets	0.84	-0.57	-0.39	0.85	0.76	0.87	-0.66	0.78	0.86	0.66	0.93	0.19	0.7	-0.09	0.67	-0.4	0.77	0.91	0.61	-0.57		0.86	0.88	0.77	0.78	0.54
Common Stock	0.99	-0.73	0.02	0.76	0.97	0.8	-0.91	0.96	0.81	0.95	0.94	0.48	0.93	0.05	0.93	-0.59	0.93	0.83	0.93	-0.73	0.86		0.96	0.98	0.98	0.86
Other Liab	0.95	-0.82	-0.02	0.78	0.94	0.87	-0.91	0.95	0.84	0.89	0.93	0.4	0.91	-0.03	0.9	-0.68	0.93	0.78	0.86	-0.82	0.88	0.96		0.93	0.95	0.85
Net Tangible Assets	0.98	-0.75	0.18	0.66	0.99	0.71	-0.94	0.97	0.73	0.98	0.9	0.58	0.92	0.07	0.96	-0.64	0.91	0.77	0.97	-0.75	0.77	0.98	0.93		0.99	0.91
Other Assets	0.98	-0.8	0.19	0.67	0.99	0.73	-0.95	0.98	0.74	0.98	0.91	0.57	0.93	0.04	0.97	-0.69	0.92	0.75	0.96	-0.8	0.78	0.98	0.95	0.99		0.92
Net Receivables	0.87	-0.83	0.35	0.59	0.93	0.66	-0.98	0.91	0.67	0.96	0.72	0.63	0.96	0.12	0.95	-0.74	0.92	0.51	0.97	-0.83	0.54	0.86	0.85	0.91	0.92

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Anhui Huaertai Account Relationship Matchups

Anhui Huaertai fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	941.7M	1.0B	2.3B	2.9B	3.4B	1.9B
Other Current Liab	58.2M	71.7M	95.4M	65.7M	5.1M	4.9M
Total Current Liabilities	228.4M	207.0M	327.7M	781.5M	1.1B	1.2B
Total Stockholder Equity	670.5M	778.3M	1.9B	2.1B	2.2B	1.4B
Property Plant And Equipment Net	537.7M	523.2M	730.4M	1.1B	1.9B	2.0B
Net Debt	11.0M	(27.3M)	(427.5M)	(370.7M)	(333.6M)	(316.9M)
Retained Earnings	194.3M	285.4M	626.3M	757.7M	866.8M	447.4M
Accounts Payable	122.2M	105.1M	232.4M	715.8M	1.0B	1.1B
Cash	37.1M	57.5M	427.5M	370.7M	361.0M	202.9M
Non Current Assets Total	651.4M	661.5M	945.0M	1.7B	2.3B	1.2B
Non Currrent Assets Other	50.4M	76.4M	150.2M	728.9M	59.8M	56.8M
Cash And Short Term Investments	37.1M	57.5M	1.0B	782.4M	899.7M	944.7M
Liabilities And Stockholders Equity	941.7M	1.0B	2.3B	2.9B	3.4B	3.5B
Non Current Liabilities Total	42.8M	47.5M	51.3M	60.2M	49.8M	55.5M
Inventory	56.1M	80.2M	132.8M	163.4M	137.6M	107.5M
Other Current Assets	161.5K	1.2M	909.8K	33.4M	76.1M	69.3M
Other Stockholder Equity	227.3M	244.0M	963.6M	985.7M	1.1B	1.2B
Total Liab	271.2M	254.5M	379.1M	841.7M	1.1B	588.9M
Total Current Assets	290.2M	371.3M	1.4B	1.2B	1.1B	778.3M
Intangible Assets	50.9M	49.7M	53.1M	59.3M	86.8M	63.1M

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Other Information on Investing in Anhui Stock

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

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Anhui Income Before Tax vs Ebitda Analysis

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

Correlation Coefficient

Income Before Tax

Ebitda

Anhui Huaertai fundamental ratios Correlations

Anhui Huaertai Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Anhui Huaertai fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Anhui Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Cash
Common Stock	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Net Receivables	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.97	Net Debt
Net Debt	- 0.97	Total Stockholder Equity
Total Current Assets	- 0.96	Net Debt
Other Stockholder Equity	- 0.96	Net Debt