SAIC Income Before Tax vs Research Development Analysis

600104 Stock   18.19  0.14  0.76%   
SAIC financial indicator trend analysis is much more than just breaking down SAIC Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIC Motor Corp is a good investment. Please check the relationship between SAIC Income Before Tax and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor 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 board of governors.

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAIC Motor Corp Income Before Tax account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SAIC's Income Before Tax and Research Development is -0.01. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of SAIC Motor Corp, assuming nothing else is changed. The correlation between historical values of SAIC's Income Before Tax and Research Development 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 SAIC Motor Corp are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., SAIC's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

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

Research Development

Most indicators from SAIC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIC Motor 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor 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 board of governors.
As of December 23, 2024, Selling General Administrative is expected to decline to about 36.3 B. In addition to that, Tax Provision is expected to decline to about 5.1 B
 2021 2022 2023 2024 (projected)
Operating Income12.2B12.2B16.5B13.0B
Total Revenue777.6B744.1B744.7B449.6B

SAIC fundamental ratios Correlations

0.121.00.990.970.970.970.820.970.930.220.860.930.741.00.970.590.980.890.90.650.84-0.840.880.920.9
0.120.110.170.120.26-0.070.48-0.01-0.150.290.1-0.11-0.260.09-0.070.480.010.19-0.09-0.13-0.060.090.070.01-0.05
1.00.110.980.960.960.980.820.980.930.210.870.940.731.00.970.570.980.90.910.660.85-0.840.890.930.91
0.990.170.980.960.970.940.840.940.880.280.80.910.710.980.940.660.960.860.850.620.78-0.780.820.870.85
0.970.120.960.960.970.920.790.940.870.350.790.860.650.960.950.530.930.910.850.560.75-0.790.820.860.85
0.970.260.960.970.970.90.860.910.840.320.810.850.660.960.930.590.910.90.830.590.78-0.780.840.870.84
0.97-0.070.980.940.920.90.730.970.970.090.860.980.780.980.980.490.980.830.920.70.87-0.860.880.930.91
0.820.480.820.840.790.860.730.740.650.310.670.680.530.810.720.80.770.770.740.530.73-0.640.760.760.66
0.97-0.010.980.940.940.910.970.740.960.120.890.920.780.980.970.460.980.90.940.70.87-0.870.910.950.94
0.93-0.150.930.880.870.840.970.650.96-0.050.920.940.810.940.970.350.950.850.940.690.9-0.930.920.950.96
0.220.290.210.280.350.320.090.310.12-0.05-0.090.04-0.30.190.130.410.170.21-0.01-0.11-0.10.09-0.08-0.01-0.04
0.860.10.870.80.790.810.860.670.890.92-0.090.790.670.880.880.310.860.890.890.690.91-0.920.960.950.96
0.93-0.110.940.910.860.850.980.680.920.940.040.790.780.940.940.50.950.750.870.630.82-0.810.820.870.87
0.74-0.260.730.710.650.660.780.530.780.81-0.30.670.780.740.760.320.780.620.780.620.74-0.770.760.750.79
1.00.091.00.980.960.960.980.810.980.940.190.880.940.740.980.550.980.90.910.670.86-0.850.90.940.92
0.97-0.070.970.940.950.930.980.720.970.970.130.880.940.760.980.420.960.880.930.70.88-0.880.90.940.93
0.590.480.570.660.530.590.490.80.460.350.410.310.50.320.550.420.570.40.40.270.38-0.320.370.380.32
0.980.010.980.960.930.910.980.770.980.950.170.860.950.780.980.960.570.870.910.650.84-0.860.880.920.92
0.890.190.90.860.910.90.830.770.90.850.210.890.750.620.90.880.40.870.850.490.8-0.890.920.910.92
0.9-0.090.910.850.850.830.920.740.940.94-0.010.890.870.780.910.930.40.910.850.80.97-0.880.940.980.93
0.65-0.130.660.620.560.590.70.530.70.69-0.110.690.630.620.670.70.270.650.490.80.81-0.550.670.740.63
0.84-0.060.850.780.750.780.870.730.870.9-0.10.910.820.740.860.880.380.840.80.970.81-0.890.950.960.9
-0.840.09-0.84-0.78-0.79-0.78-0.86-0.64-0.87-0.930.09-0.92-0.81-0.77-0.85-0.88-0.32-0.86-0.89-0.88-0.55-0.89-0.94-0.92-0.96
0.880.070.890.820.820.840.880.760.910.92-0.080.960.820.760.90.90.370.880.920.940.670.95-0.940.980.97
0.920.010.930.870.860.870.930.760.950.95-0.010.950.870.750.940.940.380.920.910.980.740.96-0.920.980.96
0.9-0.050.910.850.850.840.910.660.940.96-0.040.960.870.790.920.930.320.920.920.930.630.9-0.960.970.96
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SAIC Account Relationship Matchups

SAIC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets849.3B919.4B916.9B990.1B1.0T1.1T
Other Current Liab118.6B193.7B109.1B93.0B3.1B3.0B
Total Current Liabilities462.8B510.9B480.5B544.0B547.4B574.8B
Total Stockholder Equity249.7B260.1B273.8B279.2B286.3B300.6B
Other Liab50.4B51.4B53.0B49.4B56.8B59.7B
Retained Earnings169.3B179.4B189.6B197.8B167.5B175.8B
Accounts Payable170.0B205.0B199.1B244.3B264.7B277.9B
Cash127.8B142.6B138.5B155.2B143.6B73.4B
Other Assets136.2B152.3B160.1B158.9B182.7B191.8B
Long Term Debt36.9B47.1B46.3B49.7B62.9B66.0B
Net Receivables203.8B43.6B47.5B62.9B68.0B61.7B
Short Term Investments49.8B64.1B53.9B45.2B46.7B49.0B
Inventory54.4B69.4B56.6B88.5B98.6B103.5B
Other Current Assets40.0B49.7B211.4B192.4B186.7B196.1B
Total Liab548.5B609.4B588.2B653.8B663.7B696.9B
Intangible Assets16.9B18.5B19.6B22.2B24.4B25.6B
Property Plant Equipment99.2B96.1B101.6B105.6B121.4B127.5B
Good Will1.5B1.5B1.3B1.2B1.2B1.1B
Net Tangible Assets232.9B242.6B255.7B259.1B297.9B243.2B
Other Stockholder Equity13.1B14.1B18.7B15.7B18.0B14.6B
Deferred Long Term Liab4.1B4.7B4.9B5.7B6.6B3.7B
Short Long Term Debt75.3B92.7B83.4B101.8B94.0B66.1B
Total Current Assets511.2B566.2B545.0B582.2B619.6B521.9B
Non Current Assets Total338.2B353.2B371.9B407.9B387.0B382.4B
Non Currrent Assets Other(6.5B)7.4B9.1B13.2B10.5B16.7B
Non Current Liabilities Total85.7B98.5B107.7B109.8B116.3B99.0B
Non Current Liabilities Other13.5B15.4B19.3B20.8B23.2B18.2B
Net Invested Capital360.3B399.9B403.5B430.8B443.2B413.0B
Net Working Capital48.4B55.3B64.5B38.2B72.2B49.7B

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Other Information on Investing in SAIC Stock

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