Battalion Income Before Tax vs Operating Income Analysis

BATL Stock

USD 3.46 0.08 2.37%

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

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

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

The correlation between Battalion Oil's Income Before Tax and Operating Income is 0.87. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Battalion Oil Corp, assuming nothing else is changed. The correlation between historical values of Battalion Oil's Income Before Tax and Operating Income 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 Battalion Oil Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Battalion Oil's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

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

Operating Income

Operating Income is the amount of profit realized from Battalion Oil Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Battalion Oil Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

At this time, Battalion Oil's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value is expected to rise to about 482.4 M this year, although the value of Selling General Administrative will most likely fall to about 18.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	192.6M	252.4M	102.9M	138.6M
Total Revenue	285.2M	359.1M	218.5M	339.2M

Gross Profit Total Revenue

Battalion Oil fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Non Currrent Assets Other	Accounts Payable	Inventory
Total Assets		0.95	0.85	0.94	-0.22	0.65	0.95	0.77	0.97	0.94	0.96	1.0	-0.55	-0.04	1.0	-0.06	0.88	0.96	-0.24	-0.37	0.98	0.8	0.96	0.1	0.74	-0.05
Short Long Term Debt Total	0.95		0.65	1.0	-0.2	0.53	1.0	0.89	1.0	0.92	0.89	0.95	-0.75	-0.15	0.94	-0.17	0.96	0.89	-0.2	-0.37	0.93	0.83	0.89	0.11	0.58	-0.07
Total Stockholder Equity	0.85	0.65		0.63	-0.2	0.72	0.65	0.39	0.69	0.73	0.83	0.85	-0.06	0.19	0.86	0.17	0.54	0.87	-0.21	-0.34	0.83	0.59	0.87	0.0	0.83	0.02
Net Debt	0.94	1.0	0.63		-0.18	0.5	1.0	0.88	0.99	0.93	0.89	0.94	-0.76	-0.23	0.94	-0.25	0.96	0.87	-0.19	-0.36	0.93	0.79	0.87	0.11	0.58	-0.09
Other Assets	-0.22	-0.2	-0.2	-0.18		-0.29	-0.21	-0.18	-0.21	-0.16	-0.23	-0.22	0.11	-0.15	-0.21	-0.14	-0.17	-0.21	0.12	-0.08	-0.24	-0.26	-0.21	-0.03	-0.22	-0.22
Common Stock Shares Outstanding	0.65	0.53	0.72	0.5	-0.29		0.54	0.5	0.54	0.41	0.51	0.64	-0.22	0.3	0.64	0.27	0.5	0.62	-0.33	-0.48	0.6	0.59	0.62	-0.24	0.62	0.06
Non Current Liabilities Total	0.95	1.0	0.65	1.0	-0.21	0.54		0.9	1.0	0.92	0.89	0.95	-0.76	-0.15	0.94	-0.17	0.96	0.88	-0.21	-0.36	0.94	0.83	0.88	0.11	0.59	-0.08
Other Stockholder Equity	0.77	0.89	0.39	0.88	-0.18	0.5	0.9		0.87	0.66	0.63	0.75	-0.93	-0.06	0.74	-0.08	0.92	0.66	-0.2	-0.39	0.73	0.83	0.66	-0.04	0.36	-0.03
Total Liab	0.97	1.0	0.69	0.99	-0.21	0.54	1.0	0.87		0.94	0.92	0.96	-0.72	-0.15	0.96	-0.17	0.95	0.9	-0.22	-0.34	0.95	0.82	0.9	0.13	0.62	-0.08
Other Current Liab	0.94	0.92	0.73	0.93	-0.16	0.41	0.92	0.66	0.94		0.97	0.94	-0.51	-0.19	0.94	-0.21	0.84	0.91	-0.21	-0.22	0.93	0.69	0.91	0.29	0.66	-0.08
Total Current Liabilities	0.96	0.89	0.83	0.89	-0.23	0.51	0.89	0.63	0.92	0.97		0.96	-0.44	-0.11	0.97	-0.14	0.8	0.92	-0.28	-0.18	0.97	0.71	0.92	0.27	0.79	-0.06
Property Plant And Equipment Net	1.0	0.95	0.85	0.94	-0.22	0.64	0.95	0.75	0.96	0.94	0.96		-0.54	-0.08	1.0	-0.1	0.86	0.96	-0.24	-0.37	0.99	0.77	0.96	0.08	0.76	-0.06
Retained Earnings	-0.55	-0.75	-0.06	-0.76	0.11	-0.22	-0.76	-0.93	-0.72	-0.51	-0.44	-0.54		0.22	-0.52	0.23	-0.79	-0.4	0.17	0.22	-0.53	-0.65	-0.4	-0.09	-0.17	0.08
Cash	-0.04	-0.15	0.19	-0.23	-0.15	0.3	-0.15	-0.06	-0.15	-0.19	-0.11	-0.08	0.22		-0.08	1.0	-0.16	0.06	-0.12	-0.08	-0.09	0.34	0.06	-0.06	-0.1	0.28
Non Current Assets Total	1.0	0.94	0.86	0.94	-0.21	0.64	0.94	0.74	0.96	0.94	0.97	1.0	-0.52	-0.08		-0.1	0.86	0.96	-0.23	-0.36	0.99	0.77	0.96	0.1	0.77	-0.06
Cash And Short Term Investments	-0.06	-0.17	0.17	-0.25	-0.14	0.27	-0.17	-0.08	-0.17	-0.21	-0.14	-0.1	0.23	1.0	-0.1		-0.18	0.04	-0.04	-0.09	-0.11	0.33	0.04	-0.06	-0.13	0.25
Net Receivables	0.88	0.96	0.54	0.96	-0.17	0.5	0.96	0.92	0.95	0.84	0.8	0.86	-0.79	-0.16	0.86	-0.18		0.77	-0.21	-0.36	0.85	0.86	0.77	0.07	0.46	-0.05
Common Stock Total Equity	0.96	0.89	0.87	0.87	-0.21	0.62	0.88	0.66	0.9	0.91	0.92	0.96	-0.4	0.06	0.96	0.04	0.77		-0.22	-0.4	0.94	0.75	1.0	-0.01	0.67	-0.02
Short Term Investments	-0.24	-0.2	-0.21	-0.19	0.12	-0.33	-0.21	-0.2	-0.22	-0.21	-0.28	-0.24	0.17	-0.12	-0.23	-0.04	-0.21	-0.22		-0.18	-0.26	-0.24	-0.22	-0.02	-0.28	-0.25
Other Current Assets	-0.37	-0.37	-0.34	-0.36	-0.08	-0.48	-0.36	-0.39	-0.34	-0.22	-0.18	-0.37	0.22	-0.08	-0.36	-0.09	-0.36	-0.4	-0.18		-0.26	-0.33	-0.4	0.31	-0.08	0.22
Property Plant And Equipment Gross	0.98	0.93	0.83	0.93	-0.24	0.6	0.94	0.73	0.95	0.93	0.97	0.99	-0.53	-0.09	0.99	-0.11	0.85	0.94	-0.26	-0.26		0.77	0.94	0.13	0.78	-0.08
Total Current Assets	0.8	0.83	0.59	0.79	-0.26	0.59	0.83	0.83	0.82	0.69	0.71	0.77	-0.65	0.34	0.77	0.33	0.86	0.75	-0.24	-0.33	0.77		0.75	0.07	0.38	0.05
Common Stock	0.96	0.89	0.87	0.87	-0.21	0.62	0.88	0.66	0.9	0.91	0.92	0.96	-0.4	0.06	0.96	0.04	0.77	1.0	-0.22	-0.4	0.94	0.75		-0.01	0.67	-0.02
Non Currrent Assets Other	0.1	0.11	0.0	0.11	-0.03	-0.24	0.11	-0.04	0.13	0.29	0.27	0.08	-0.09	-0.06	0.1	-0.06	0.07	-0.01	-0.02	0.31	0.13	0.07	-0.01		0.19	-0.13
Accounts Payable	0.74	0.58	0.83	0.58	-0.22	0.62	0.59	0.36	0.62	0.66	0.79	0.76	-0.17	-0.1	0.77	-0.13	0.46	0.67	-0.28	-0.08	0.78	0.38	0.67	0.19		-0.02
Inventory	-0.05	-0.07	0.02	-0.09	-0.22	0.06	-0.08	-0.03	-0.08	-0.08	-0.06	-0.06	0.08	0.28	-0.06	0.25	-0.05	-0.02	-0.25	0.22	-0.08	0.05	-0.02	-0.13	-0.02

Click cells to compare fundamentals

Battalion Oil Account Relationship Matchups

Battalion Oil fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	584.7M	346.5M	390.3M	485.4M	485.3M	461.1M
Short Long Term Debt Total	147.2M	160.6M	182.4M	218.1M	197.9M	188.0M
Total Stockholder Equity	316.7M	90.0M	63.7M	84.6M	68.0M	64.6M
Net Debt	141.5M	156.3M	135.5M	185.4M	140.4M	133.3M
Other Assets	14.6M	927K	295.1M	4.8M	5.5M	5.2M
Common Stock Shares Outstanding	16.2M	16.2M	16.3M	16.5M	16.4M	15.6M
Liabilities And Stockholders Equity	584.7M	346.5M	390.3M	485.4M	485.3M	461.1M
Non Current Liabilities Total	161.6M	173.4M	205.0M	235.7M	282.9M	268.8M
Other Stockholder Equity	327.1M	330.1M	332.2M	334.6M	214.5M	203.8M
Total Liab	268.0M	256.5M	326.6M	400.7M	417.3M	396.5M
Other Current Liab	8.1M	50.3M	89.4M	86.3M	51.8M	49.2M
Total Current Liabilities	106.4M	83.2M	121.6M	165.0M	134.4M	206.7M
Property Plant And Equipment Net	512.6M	292.3M	297.6M	389.0M	372.3M	353.7M
Retained Earnings	(10.5M)	(240.2M)	(268.5M)	(249.9M)	(253.0M)	(265.6M)
Cash	5.7M	4.3M	46.9M	32.7M	57.5M	38.0M
Non Current Assets Total	513.5M	298.7M	302.4M	397.2M	394.8M	375.1M
Cash And Short Term Investments	5.7M	4.3M	46.9M	32.7M	57.5M	41.8M
Net Receivables	53.5M	40.8M	36.6M	38.0M	23.0M	21.9M
Other Current Assets	36K	2.7M	4.4M	17.5M	10.0M	10.5M
Property Plant And Equipment Gross	512.6M	292.3M	3.5M	781.0M	820.1M	1.4B
Total Current Assets	71.2M	47.8M	87.9M	88.2M	90.5M	180.9M
Non Currrent Assets Other	123K	1.8M	1.0M	6.6M	21.3M	22.3M
Accounts Payable	36.0M	22.7M	25.3M	42.9M	24.9M	46.8M
Inventory	11.9M	2.6M	2.9M	17.4M	1.0	0.95
Short Term Debt	923K	10.1M	6.9M	35.8M	57.7M	60.6M
Current Deferred Revenue	82.7M	61.4M	36.2M	37.5M	43.1M	33.2M
Net Tangible Assets	318.9M	90.0M	64.1M	84.6M	76.2M	72.4M
Long Term Debt	144M	158.5M	181.6M	182.7M	140.3M	133.3M
Long Term Debt Total	613.1M	144M	158.5M	181.6M	163.4M	155.2M
Capital Surpluse	1.1B	327.1M	330.1M	332.2M	299.0M	284.0M
Long Term Investments	927K	6.4M	4.8M	1.6M	1.3M	1.2M
Non Current Liabilities Other	10.5M	10.6M	15.9M	4.1M	2.1M	2.0M
Property Plant Equipment	3.3M	2.4M	2.4M	389.0M	350.1M	332.6M

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When determining whether Battalion Oil Corp is a strong investment it is important to analyze Battalion Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Battalion Oil's future performance. For an informed investment choice regarding Battalion Stock, refer to the following important reports:

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil 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 estimate.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Battalion Oil. If investors know Battalion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Battalion Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

7.127

Earnings Share

(0.38)

Revenue Per Share

11.635

Quarterly Revenue Growth

(0.16)

Return On Assets

0.0709

The market value of Battalion Oil Corp is measured differently than its book value, which is the value of Battalion that is recorded on the company's balance sheet. Investors also form their own opinion of Battalion Oil's value that differs from its market value or its book value, called intrinsic value, which is Battalion Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Battalion Oil's market value can be influenced by many factors that don't directly affect Battalion Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Battalion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Battalion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Battalion Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Battalion Income Before Tax vs Operating Income Analysis

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Operating Income

Battalion Oil fundamental ratios Correlations

Battalion Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Battalion Oil fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt

Retained Earnings	- 0.93	Other Stockholder Equity
Net Receivables	- 0.79	Retained Earnings
Retained Earnings	- 0.76	Non Current Liabilities Total
Retained Earnings	- 0.76	Net Debt
Retained Earnings	- 0.75	Short Long Term Debt Total
Retained Earnings	- 0.72	Total Liab