Bank Income Before Tax vs Net Income Analysis

BIRG Stock   8.66  0.17  2.00%   
Bank of Ireland financial indicator trend analysis is way more than just evaluating Bank of Ireland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Ireland is a good investment. Please check the relationship between Bank of Ireland Income Before Tax and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Ireland. 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 Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Ireland Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Bank of Ireland's Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Bank of Ireland, assuming nothing else is changed. The correlation between historical values of Bank of Ireland's Income Before Tax and Net 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 Bank of Ireland are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Bank of Ireland's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Ireland financial statement analysis. It represents the amount of money remaining after all of Bank of Ireland operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Bank of Ireland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Ireland 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 Bank of Ireland. 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.
Selling General Administrative is likely to gain to about 766.1 M in 2024, whereas Tax Provision is likely to drop slightly above 187.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.1B4.5B2.7B
Total Revenue3.0B3.1B4.5B2.7B

Bank of Ireland fundamental ratios Correlations

0.810.42-0.130.40.13-0.690.480.42-0.10.41.00.460.430.53-0.13-0.580.520.290.450.31-0.25-0.56-0.62-0.83-0.49
0.810.62-0.550.720.56-0.520.020.73-0.280.260.780.640.740.460.19-0.560.650.050.670.050.25-0.64-0.72-0.77-0.09
0.420.62-0.550.660.32-0.05-0.090.660.1-0.280.40.90.660.220.59-0.040.82-0.460.79-0.550.52-0.57-0.66-0.350.11
-0.13-0.55-0.55-0.87-0.75-0.140.67-0.870.35-0.03-0.1-0.73-0.870.13-0.51-0.1-0.520.47-0.620.48-0.660.010.17-0.09-0.74
0.40.720.66-0.870.590.12-0.371.0-0.13-0.050.370.851.00.330.520.060.68-0.290.7-0.370.57-0.32-0.43-0.20.49
0.130.560.32-0.750.59-0.13-0.760.56-0.420.080.110.380.570.050.4-0.440.28-0.080.39-0.130.580.04-0.12-0.10.51
-0.69-0.52-0.05-0.140.12-0.13-0.440.10.46-0.62-0.70.110.08-0.080.430.810.01-0.450.04-0.560.510.270.250.70.56
0.480.02-0.090.67-0.37-0.76-0.44-0.330.180.250.5-0.2-0.330.3-0.45-0.12-0.060.35-0.20.44-0.73-0.4-0.26-0.51-0.85
0.420.730.66-0.871.00.560.1-0.33-0.15-0.010.390.851.00.320.510.070.68-0.30.7-0.360.53-0.32-0.43-0.210.47
-0.1-0.280.10.35-0.13-0.420.460.18-0.15-0.74-0.090.14-0.160.36-0.120.30.33-0.020.26-0.250.2-0.29-0.310.02-0.12
0.40.26-0.28-0.03-0.050.08-0.620.25-0.01-0.740.41-0.220.0-0.18-0.22-0.35-0.380.39-0.350.65-0.560.190.23-0.18-0.25
1.00.780.4-0.10.370.11-0.70.50.39-0.090.410.430.40.53-0.15-0.580.50.310.420.33-0.28-0.55-0.6-0.82-0.51
0.460.640.9-0.730.850.380.11-0.20.850.14-0.220.430.850.260.550.120.88-0.450.87-0.550.57-0.44-0.59-0.230.31
0.430.740.66-0.871.00.570.08-0.331.0-0.160.00.40.850.320.50.050.68-0.290.7-0.350.53-0.32-0.43-0.220.47
0.530.460.220.130.330.05-0.080.30.320.36-0.180.530.260.320.13-0.350.340.440.230.250.02-0.55-0.53-0.61-0.39
-0.130.190.59-0.510.520.40.43-0.450.51-0.12-0.22-0.150.550.50.130.230.29-0.470.3-0.540.58-0.04-0.10.20.32
-0.58-0.56-0.04-0.10.06-0.440.81-0.120.070.3-0.35-0.580.120.05-0.350.23-0.05-0.52-0.06-0.520.170.310.350.730.48
0.520.650.82-0.520.680.280.01-0.060.680.33-0.380.50.880.680.340.29-0.05-0.450.97-0.570.55-0.64-0.78-0.440.1
0.290.05-0.460.47-0.29-0.08-0.450.35-0.3-0.020.390.31-0.45-0.290.44-0.47-0.52-0.45-0.460.89-0.540.010.08-0.35-0.44
0.450.670.79-0.620.70.390.04-0.20.70.26-0.350.420.870.70.230.3-0.060.97-0.46-0.570.66-0.6-0.77-0.390.21
0.310.05-0.550.48-0.37-0.13-0.560.44-0.36-0.250.650.33-0.55-0.350.25-0.54-0.52-0.570.89-0.57-0.680.070.16-0.35-0.51
-0.250.250.52-0.660.570.580.51-0.730.530.2-0.56-0.280.570.530.020.580.170.55-0.540.66-0.68-0.26-0.380.130.62
-0.56-0.64-0.570.01-0.320.040.27-0.4-0.32-0.290.19-0.55-0.44-0.32-0.55-0.040.31-0.640.01-0.60.07-0.260.960.810.43
-0.62-0.72-0.660.17-0.43-0.120.25-0.26-0.43-0.310.23-0.6-0.59-0.43-0.53-0.10.35-0.780.08-0.770.16-0.380.960.790.32
-0.83-0.77-0.35-0.09-0.2-0.10.7-0.51-0.210.02-0.18-0.82-0.23-0.22-0.610.20.73-0.44-0.35-0.39-0.350.130.810.790.63
-0.49-0.090.11-0.740.490.510.56-0.850.47-0.12-0.25-0.510.310.47-0.390.320.480.1-0.440.21-0.510.620.430.320.63
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Bank of Ireland Account Relationship Matchups

Bank of Ireland fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets131.9B133.8B155.3B151.3B155.7B105.1B
Total Stockholder Equity9.6B9.6B11.3B11.9B12.6B13.2B
Property Plant And Equipment Net1.0B889M820M802M800M694.2M
Net Debt2.5B(2.2B)(9.3B)(25.7B)(33.0B)(31.4B)
Cash10.1B12.4B32.8B38.1B33.0B34.7B
Non Current Assets Total21.3B23.3B10.9B17.3B140.5B147.6B
Non Currrent Assets Other(21.3B)(23.3B)(10.9B)(17.3B)(18.5B)(19.4B)
Other Assets99.7B97.2B110.6B95.0B(17.9B)(17.0B)
Cash And Short Term Investments10.1B12.4B32.8B38.1B31.5B33.1B
Liabilities And Stockholders Equity131.9B133.8B155.3B151.3B155.7B105.1B
Other Stockholder Equity492M1.1B1.3B1.2B1.2B1.5B
Total Liab121.5B124.1B143.9B139.4B143.1B94.2B
Property Plant And Equipment Gross1.0B889M1.3B1.4B1.4B775.8M
Total Current Assets10.9B13.3B33.7B39.0B33.0B34.7B
Short Long Term Debt Total12.6B10.2B23.5B12.4B13.1B14.6B
Non Current Liabilities Total12.6B10.2B23.5B139M10.3B19.5B
Other Current Assets9.4B12.0B32.5B40.8B(1.1B)(1.1B)
Retained Earnings8.2B7.3B8.8B9.6B10.3B5.8B
Intangible Assets802M726M825M977M1.1B666.5M
Other Current Liab(228M)(137M)(125M)(147M)440M462M
Total Current Liabilities195M125M107M139M787M474.1M
Accounts Payable195M125M107M139M324M498.5M
Net Receivables758M852M910M928M1.1B911.4M
Good Will36M25M27M299M300M315M
Short Term Investments1.3B431M674M(1.5B)(1.4B)(1.3B)
Accumulated Other Comprehensive Income212M274M407M183M175M183.8M
Other Liab21.1B21.9B24.3B22.4B25.7B22.2B
Net Tangible Assets8.9B8.2B10.4B10.6B12.2B9.7B
Long Term Debt9.7B9.6B8.7B7.8B7.0B8.7B
Long Term Investments19.5B21.7B19.3B15.2B16.3B19.0B
Short Term Debt4.9B3.2B2.9B3.4B1.9B1.8B
Property Plant Equipment988M872M811M789M907.4M617.1M
Inventory(9.4B)(12.0B)(32.5B)(40.8B)1.1B1.2B
Earning Assets31.0B32.9B34.8B37.7B43.3B36.3B

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