G-bits Ebitda vs Income Before Tax Analysis

603444 Stock

206.49 1.49 0.73%

G-bits Network financial indicator trend analysis is much more than just examining G bits Network latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether G bits Network is a good investment. Please check the relationship between G-bits Network Ebitda and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in G bits Network Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of G bits Network Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.

The correlation between G-bits Network's Ebitda and Income Before Tax is 0.87. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of G bits Network Technology, assuming nothing else is changed. The correlation between historical values of G-bits Network's Ebitda 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 Ebitda of G bits Network Technology 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 Ebitda i.e., G-bits Network's Ebitda and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebitda

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on G-bits Network income statement and is an important metric when analyzing G bits Network 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 G-bits Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into G bits Network 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 G bits Network Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 1.1 B. The current year's Tax Provision is expected to grow to about 239.5 M

	2021	2022	2023	2024 (projected)
Operating Income	1.8B	2.2B	1.6B	980.5M
Total Revenue	4.6B	5.2B	4.2B	4.4B

Operating Income Total Revenue

G-bits Network fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Long Term Debt	Net Receivables	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Accounts Payable	Net Tangible Assets	Good Will	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.49	0.97	1.0	0.82	0.99	0.89	0.76	0.02	0.88	0.68	0.98	0.51	0.6	0.89	0.73	0.99	0.37	0.63	0.88	0.91	0.98	0.91	0.95	0.2	0.85
Other Current Liab	0.49		0.49	0.51	0.13	0.54	0.4	0.31	0.24	0.56	0.7	0.52	-0.44	0.18	0.38	0.12	0.4	-0.35	0.47	0.33	0.46	0.49	0.46	0.32	0.19	0.71
Total Current Liabilities	0.97	0.49		0.95	0.81	0.95	0.91	0.71	-0.05	0.84	0.58	1.0	0.51	0.53	0.8	0.83	0.95	0.29	0.49	0.82	0.82	0.95	0.82	0.93	0.13	0.81
Total Stockholder Equity	1.0	0.51	0.95		0.79	0.99	0.86	0.77	0.07	0.9	0.71	0.95	0.49	0.61	0.9	0.68	0.99	0.37	0.68	0.89	0.92	0.98	0.92	0.93	0.24	0.86
Other Liab	0.82	0.13	0.81	0.79		0.81	0.79	0.62	-0.4	0.55	0.45	0.81	0.74	0.49	0.82	0.87	0.85	0.64	0.46	0.86	0.66	0.83	0.66	0.92	-0.09	0.72
Retained Earnings	0.99	0.54	0.95	0.99	0.81		0.86	0.76	-0.02	0.87	0.72	0.96	0.46	0.55	0.89	0.69	0.98	0.36	0.68	0.89	0.91	0.97	0.91	0.94	0.21	0.88
Cash	0.89	0.4	0.91	0.86	0.79	0.86		0.5	-0.05	0.7	0.43	0.9	0.48	0.51	0.71	0.78	0.87	0.33	0.4	0.65	0.63	0.89	0.63	0.82	-0.13	0.68
Other Assets	0.76	0.31	0.71	0.77	0.62	0.76	0.5		0.14	0.83	0.52	0.71	0.54	0.53	0.7	0.55	0.78	0.42	0.61	0.86	0.81	0.78	0.81	0.75	0.72	0.67
Long Term Debt	0.02	0.24	-0.05	0.07	-0.4	-0.02	-0.05	0.14		0.4	0.09	-0.05	-0.19	0.22	0.01	-0.35	0.0	-0.22	0.15	-0.13	0.13	0.09	0.13	-0.25	0.46	-0.05
Net Receivables	0.88	0.56	0.84	0.9	0.55	0.87	0.7	0.83	0.4		0.7	0.84	0.38	0.57	0.81	0.5	0.86	0.2	0.69	0.8	0.85	0.89	0.85	0.76	0.52	0.74
Other Current Assets	0.68	0.7	0.58	0.71	0.45	0.72	0.43	0.52	0.09	0.7		0.61	0.0	0.35	0.81	0.17	0.63	-0.05	0.92	0.73	0.74	0.65	0.74	0.62	0.26	0.84
Total Liab	0.98	0.52	1.0	0.95	0.81	0.96	0.9	0.71	-0.05	0.84	0.61		0.48	0.53	0.82	0.82	0.95	0.27	0.52	0.83	0.84	0.96	0.84	0.94	0.13	0.84
Intangible Assets	0.51	-0.44	0.51	0.49	0.74	0.46	0.48	0.54	-0.19	0.38	0.0	0.48		0.35	0.55	0.69	0.59	0.74	0.18	0.61	0.43	0.54	0.43	0.64	0.06	0.22
Common Stock	0.6	0.18	0.53	0.61	0.49	0.55	0.51	0.53	0.22	0.57	0.35	0.53	0.35		0.59	0.38	0.63	0.45	0.42	0.56	0.58	0.62	0.58	0.55	0.2	0.45
Property Plant Equipment	0.89	0.38	0.8	0.9	0.82	0.89	0.71	0.7	0.01	0.81	0.81	0.82	0.55	0.59		0.57	0.9	0.44	0.82	0.94	0.86	0.9	0.86	0.89	0.17	0.85
Accounts Payable	0.73	0.12	0.83	0.68	0.87	0.69	0.78	0.55	-0.35	0.5	0.17	0.82	0.69	0.38	0.57		0.74	0.46	0.09	0.65	0.51	0.74	0.51	0.82	-0.1	0.57
Net Tangible Assets	0.99	0.4	0.95	0.99	0.85	0.98	0.87	0.78	0.0	0.86	0.63	0.95	0.59	0.63	0.9	0.74		0.47	0.63	0.9	0.91	0.98	0.91	0.96	0.2	0.82
Good Will	0.37	-0.35	0.29	0.37	0.64	0.36	0.33	0.42	-0.22	0.2	-0.05	0.27	0.74	0.45	0.44	0.46	0.47		0.13	0.5	0.32	0.41	0.32	0.47	0.0	0.18
Deferred Long Term Liab	0.63	0.47	0.49	0.68	0.46	0.68	0.4	0.61	0.15	0.69	0.92	0.52	0.18	0.42	0.82	0.09	0.63	0.13		0.76	0.71	0.64	0.71	0.6	0.39	0.71
Long Term Investments	0.88	0.33	0.82	0.89	0.86	0.89	0.65	0.86	-0.13	0.8	0.73	0.83	0.61	0.56	0.94	0.65	0.9	0.5	0.76		0.87	0.88	0.87	0.94	0.35	0.83
Short Long Term Debt	0.91	0.46	0.82	0.92	0.66	0.91	0.63	0.81	0.13	0.85	0.74	0.84	0.43	0.58	0.86	0.51	0.91	0.32	0.71	0.87		0.87	1.0	0.85	0.42	0.84
Total Current Assets	0.98	0.49	0.95	0.98	0.83	0.97	0.89	0.78	0.09	0.89	0.65	0.96	0.54	0.62	0.9	0.74	0.98	0.41	0.64	0.88	0.87		0.87	0.92	0.2	0.86
Short Term Debt	0.91	0.46	0.82	0.92	0.66	0.91	0.63	0.81	0.13	0.85	0.74	0.84	0.43	0.58	0.86	0.51	0.91	0.32	0.71	0.87	1.0	0.87		0.85	0.42	0.84
Non Current Assets Total	0.95	0.32	0.93	0.93	0.92	0.94	0.82	0.75	-0.25	0.76	0.62	0.94	0.64	0.55	0.89	0.82	0.96	0.47	0.6	0.94	0.85	0.92	0.85		0.13	0.82
Non Currrent Assets Other	0.2	0.19	0.13	0.24	-0.09	0.21	-0.13	0.72	0.46	0.52	0.26	0.13	0.06	0.2	0.17	-0.1	0.2	0.0	0.39	0.35	0.42	0.2	0.42	0.13		0.17
Non Current Liabilities Total	0.85	0.71	0.81	0.86	0.72	0.88	0.68	0.67	-0.05	0.74	0.84	0.84	0.22	0.45	0.85	0.57	0.82	0.18	0.71	0.83	0.84	0.86	0.84	0.82	0.17

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G-bits Network Account Relationship Matchups

G-bits Network fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4B	5.4B	7.1B	6.5B	6.6B	3.6B
Other Current Liab	509.5M	614.8M	1.1B	25.9M	13.7M	13.0M
Total Current Liabilities	803.2M	971.9M	1.8B	1.7B	1.3B	776.7M
Total Stockholder Equity	3.1B	3.8B	4.6B	4.0B	4.5B	2.4B
Other Liab	22.5M	95.2M	161.1M	215.4M	247.8M	260.2M
Retained Earnings	1.9B	2.6B	3.2B	2.5B	2.9B	1.5B
Cash	803.7M	2.1B	2.9B	2.6B	2.4B	1.3B
Other Assets	595.3M	145.3M	237.4M	325.9M	374.7M	393.5M
Net Receivables	247.1M	195.5M	294.2M	264.7M	238.8M	178.9M
Other Current Assets	124.2M	117.3M	80.4M	34.6M	23.3M	42.7M
Total Liab	933.7M	1.1B	2.0B	1.8B	1.4B	859.4M
Intangible Assets	13.3M	7.3M	2.3M	72.1M	69.8M	73.3M
Property Plant Equipment	504.1M	984.9M	866.0M	723.1M	831.5M	873.1M
Accounts Payable	2.1M	6.9M	280.7M	282.2M	188.8M	198.3M
Net Tangible Assets	2.9B	3.1B	3.8B	4.6B	5.3B	3.0B
Deferred Long Term Liab	16.4M	18.9M	24.8M	6.9M	7.9M	12.4M
Total Current Assets	2.5B	3.3B	4.4B	3.6B	3.8B	3.1B
Non Current Assets Total	1.9B	2.1B	2.7B	2.9B	2.8B	2.1B
Non Currrent Assets Other	31.2M	30.4M	252.0K	40.6M	46.1M	81.7M
Non Current Liabilities Total	130.5M	168.1M	217.6M	90.3M	86.3M	121.1M
Short Term Investments	1.3B	678.0M	1.0B	629.6M	1.1B	867.2M
Other Stockholder Equity	11.3M	4.7M	(8.1M)	(14.0M)	(12.6M)	(12.0M)
Net Invested Capital	3.1B	3.8B	4.6B	4.0B	4.5B	4.0B
Non Current Liabilities Other	39.1M	130.1M	213.5M	82.5M	57.3M	106.3M
Net Working Capital	1.7B	2.3B	2.5B	1.9B	2.5B	2.3B

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Other Information on Investing in G-bits Stock

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

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G-bits Ebitda vs Income Before Tax Analysis

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

Correlation Coefficient

Ebitda

Income Before Tax

G-bits Network fundamental ratios Correlations

G-bits Network Account Relationship Matchups

High Positive Relationship

High Negative Relationship

G-bits Network fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in G-bits Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt
Retained Earnings	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Intangible Assets	- 0.44	Other Current Liab
Long Term Debt	- 0.4	Other Liab
Accounts Payable	- 0.35	Long Term Debt
Good Will	- 0.35	Other Current Liab
Non Current Assets Total	- 0.25	Long Term Debt
Good Will	- 0.22	Long Term Debt