Axita Income Before Tax vs Total Revenue Analysis

AXITA Stock

11.06 0.11 0.98%

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

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axita Cotton Limited Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Axita Cotton's Income Before Tax and Total Revenue is 0.91. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Axita Cotton Limited, assuming nothing else is changed. The correlation between historical values of Axita Cotton's Income Before Tax and Total Revenue 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 Axita Cotton Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Axita Cotton's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.91

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 Axita Cotton income statement and is an important metric when analyzing Axita Cotton Limited 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.

Total Revenue

Total revenue comprises all receipts Axita Cotton Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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

As of the 30th of December 2024, Selling General Administrative is likely to grow to about 23.6 M, while Tax Provision is likely to drop about 53.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	17.1M	3.4M	8.0M	16.0M
Depreciation And Amortization	5.0M	10.6M	12.6M	6.9M

Interest Expense Depreciation And Amortization

Axita Cotton fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Other Stockholder Equity
Total Assets		0.15	0.62	0.88	0.75	0.25	0.51	-0.39	0.64	0.78	0.88	0.23	0.62	0.21	0.87	0.96	0.7	-0.46	0.34	0.53	0.89	1.0	0.16	0.83	0.19	-0.72
Short Long Term Debt Total	0.15		0.06	0.0	0.27	0.14	0.16	0.77	0.24	-0.29	0.09	0.21	-0.21	0.01	0.06	-0.04	-0.14	0.11	0.72	0.32	0.01	0.14	0.93	0.25	0.0	0.01
Other Current Liab	0.62	0.06		0.83	0.12	-0.3	0.98	-0.33	-0.02	0.68	0.7	-0.33	-0.04	-0.19	0.67	0.72	0.47	-0.56	0.01	0.8	0.83	0.65	0.24	0.26	0.33	0.0
Total Current Liabilities	0.88	0.0	0.83		0.44	-0.22	0.71	-0.44	0.29	0.92	0.74	-0.25	0.48	0.01	0.71	0.95	0.59	-0.69	0.1	0.66	1.0	0.9	0.12	0.58	0.21	-0.38
Total Stockholder Equity	0.75	0.27	0.12	0.44		0.61	0.06	0.02	0.98	0.28	0.67	0.6	0.51	0.41	0.67	0.61	0.58	-0.15	0.74	0.2	0.46	0.72	0.18	0.98	0.06	-0.92
Property Plant And Equipment Net	0.25	0.14	-0.3	-0.22	0.61		-0.26	-0.01	0.71	-0.27	0.41	1.0	0.14	0.31	0.45	0.06	0.31	0.49	0.45	-0.16	-0.19	0.19	-0.04	0.49	-0.03	-0.68
Current Deferred Revenue	0.51	0.16	0.98	0.71	0.06	-0.26		-0.2	-0.07	0.51	0.67	-0.28	-0.24	-0.25	0.64	0.59	0.36	-0.46	0.08	0.82	0.71	0.53	0.35	0.18	0.33	0.1
Net Debt	-0.39	0.77	-0.33	-0.44	0.02	-0.01	-0.2		0.05	-0.69	-0.41	0.05	-0.47	0.0	-0.43	-0.53	-0.44	0.24	0.63	-0.05	-0.44	-0.4	0.71	-0.05	-0.09	0.26
Retained Earnings	0.64	0.24	-0.02	0.29	0.98	0.71	-0.07	0.05		0.15	0.6	0.71	0.49	0.46	0.61	0.5	0.52	0.04	0.73	0.1	0.32	0.61	0.1	0.93	-0.03	-0.94
Accounts Payable	0.78	-0.29	0.68	0.92	0.28	-0.27	0.51	-0.69	0.15		0.59	-0.31	0.66	0.04	0.57	0.9	0.55	-0.64	-0.22	0.44	0.92	0.81	-0.2	0.43	0.14	-0.36
Cash	0.88	0.09	0.7	0.74	0.67	0.41	0.67	-0.41	0.6	0.59		0.38	0.28	0.13	1.0	0.85	0.68	-0.23	0.36	0.65	0.77	0.87	0.11	0.71	0.17	-0.64
Non Current Assets Total	0.23	0.21	-0.33	-0.25	0.6	1.0	-0.28	0.05	0.71	-0.31	0.38		0.14	0.31	0.41	0.03	0.29	0.52	0.48	-0.16	-0.21	0.17	0.01	0.48	-0.06	-0.66
Non Currrent Assets Other	0.62	-0.21	-0.04	0.48	0.51	0.14	-0.24	-0.47	0.49	0.66	0.28	0.14		0.34	0.28	0.62	0.39	-0.25	-0.04	-0.11	0.49	0.62	-0.32	0.57	-0.13	-0.69
Other Assets	0.21	0.01	-0.19	0.01	0.41	0.31	-0.25	0.0	0.46	0.04	0.13	0.31	0.34		0.14	0.17	0.27	0.29	0.2	-0.1	0.04	0.19	-0.2	0.38	-0.13	-0.46
Cash And Short Term Investments	0.87	0.06	0.67	0.71	0.67	0.45	0.64	-0.43	0.61	0.57	1.0	0.41	0.28	0.14		0.83	0.67	-0.2	0.35	0.61	0.74	0.85	0.08	0.71	0.18	-0.65
Net Receivables	0.96	-0.04	0.72	0.95	0.61	0.06	0.59	-0.53	0.5	0.9	0.85	0.03	0.62	0.17	0.83		0.69	-0.53	0.15	0.53	0.96	0.97	0.01	0.73	0.23	-0.63
Common Stock Shares Outstanding	0.7	-0.14	0.47	0.59	0.58	0.31	0.36	-0.44	0.52	0.55	0.68	0.29	0.39	0.27	0.67	0.69		-0.35	0.17	0.23	0.59	0.69	-0.21	0.66	0.34	-0.59
Non Current Liabilities Total	-0.46	0.11	-0.56	-0.69	-0.15	0.49	-0.46	0.24	0.04	-0.64	-0.23	0.52	-0.25	0.29	-0.2	-0.53	-0.35		0.06	-0.33	-0.64	-0.49	-0.14	-0.28	-0.35	0.02
Inventory	0.34	0.72	0.01	0.1	0.74	0.45	0.08	0.63	0.73	-0.22	0.36	0.48	-0.04	0.2	0.35	0.15	0.17	0.06		0.31	0.12	0.32	0.63	0.67	-0.08	-0.47
Other Current Assets	0.53	0.32	0.8	0.66	0.2	-0.16	0.82	-0.05	0.1	0.44	0.65	-0.16	-0.11	-0.1	0.61	0.53	0.23	-0.33	0.31		0.67	0.55	0.43	0.25	-0.21	0.0
Total Liab	0.89	0.01	0.83	1.0	0.46	-0.19	0.71	-0.44	0.32	0.92	0.77	-0.21	0.49	0.04	0.74	0.96	0.59	-0.64	0.12	0.67		0.91	0.12	0.6	0.19	-0.41
Total Current Assets	1.0	0.14	0.65	0.9	0.72	0.19	0.53	-0.4	0.61	0.81	0.87	0.17	0.62	0.19	0.85	0.97	0.69	-0.49	0.32	0.55	0.91		0.16	0.81	0.19	-0.69
Short Term Debt	0.16	0.93	0.24	0.12	0.18	-0.04	0.35	0.71	0.1	-0.2	0.11	0.01	-0.32	-0.2	0.08	0.01	-0.21	-0.14	0.63	0.43	0.12	0.16		0.18	0.15	0.14
Common Stock	0.83	0.25	0.26	0.58	0.98	0.49	0.18	-0.05	0.93	0.43	0.71	0.48	0.57	0.38	0.71	0.73	0.66	-0.28	0.67	0.25	0.6	0.81	0.18		0.16	-0.9
Short Term Investments	0.19	0.0	0.33	0.21	0.06	-0.03	0.33	-0.09	-0.03	0.14	0.17	-0.06	-0.13	-0.13	0.18	0.23	0.34	-0.35	-0.08	-0.21	0.19	0.19	0.15	0.16		-0.04
Other Stockholder Equity	-0.72	0.01	0.0	-0.38	-0.92	-0.68	0.1	0.26	-0.94	-0.36	-0.64	-0.66	-0.69	-0.46	-0.65	-0.63	-0.59	0.02	-0.47	0.0	-0.41	-0.69	0.14	-0.9	-0.04

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Axita Cotton Account Relationship Matchups

Axita Cotton fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	643.1M	1.1B	1.1B	808.0M	983.8M	578.3M
Short Long Term Debt Total	154.3M	145.3M	139.5M	60.2M	253.2M	145.0M
Other Current Liab	106.0M	220.0M	43.1M	17.5M	11.1M	10.5M
Total Current Liabilities	462.3M	843.1M	726.3M	223.6M	285.3M	316.4M
Total Stockholder Equity	180.9M	218.2M	364.8M	523.7M	645.6M	677.9M
Property Plant And Equipment Net	34.0M	32.1M	31.9M	98.1M	88.6M	54.4M
Current Deferred Revenue	107.4M	227.7M	(4.2M)	19.4M	11.5M	10.9M
Net Debt	114.7M	40.8M	(35.4M)	(21.1M)	195.5M	205.3M
Retained Earnings	18.2M	55.5M	166.1M	327.1M	384.8M	404.0M
Accounts Payable	209.5M	476.3M	664.6M	141.1M	32.9M	31.3M
Cash	30.6M	98.7M	35.4M	81.3M	57.7M	31.8M
Non Current Assets Total	34.9M	32.1M	32.1M	101.7M	100.6M	57.8M
Non Currrent Assets Other	1.0	(138K)	31.9M	9.0M	11.6M	6.2M
Cash And Short Term Investments	30.6M	98.7M	35.4M	90.3M	57.7M	32.7M
Net Receivables	407.6M	710.7M	730.3M	441.5M	383.1M	306.1M
Common Stock Shares Outstanding	75.1M	159.4M	262.1M	262.1M	257.4M	232.6M
Liabilities And Stockholders Equity	643.1M	1.1B	1.1B	808.0M	983.8M	578.3M
Non Current Liabilities Total	0.62	11.0M	1K	60.8M	52.8M	27.6M
Inventory	54.1M	80.1M	133K	69.6M	191.6M	201.2M
Other Current Assets	16.0M	860.6M	68.9M	20.1M	254.6M	175.3M
Total Liab	462.3M	854.1M	726.3M	284.3M	338.1M	354.3M
Total Current Assets	608.2M	1.0B	1.1B	706.3M	883.2M	520.5M
Short Term Debt	150.8M	145.3M	130.6M	4.2M	201.7M	107.2M
Short Term Investments	2.0M	29.1M	1.5M	9.0M	1.6M	1.6M
Other Stockholder Equity	31.6M	42.5M	(362.6M)	(523.7M)	(384.8M)	(365.5M)

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Other Information on Investing in Axita Stock

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

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Axita Income Before Tax vs Total Revenue Analysis

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

Correlation Coefficient

Income Before Tax

Total Revenue

Axita Cotton fundamental ratios Correlations

Axita Cotton Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Axita Cotton fundamental ratios Accounts

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Other Information on Investing in Axita Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Current Deferred Revenue	+ 0.98	Other Current Liab
Retained Earnings	+ 0.98	Total Stockholder Equity

Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.92	Total Stockholder Equity
Other Stockholder Equity	- 0.9	Common Stock
Other Stockholder Equity	- 0.72	Total Assets
Other Stockholder Equity	- 0.69	Total Current Assets
Other Stockholder Equity	- 0.69	Non Currrent Assets Other