Purecycle Income Before Tax vs Operating Income Analysis

PCTTU Stock  USD 15.72  0.00  0.00%   
Purecycle Technologies financial indicator trend analysis is much more than just breaking down Purecycle Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Purecycle Technologies is a good investment. Please check the relationship between Purecycle Technologies Income Before Tax and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purecycle Technologies Holdings. 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.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

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 Purecycle Technologies Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Purecycle Technologies' Income Before Tax and Operating Income is 0.99. 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 Purecycle Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Purecycle Technologies' 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 Purecycle Technologies Holdings 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., Purecycle Technologies' Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Purecycle Technologies income statement and is an important metric when analyzing Purecycle Technologies 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 Purecycle Technologies 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 Purecycle Technologies Holdings 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 Purecycle Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Purecycle Technologies 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purecycle Technologies Holdings. 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.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.Tax Provision is likely to gain to about 682.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 39.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses59.0M54.8M95.0M48.4M
Cost Of Revenue10.6M26.6M18.9M13.2M

Purecycle Technologies fundamental ratios Correlations

0.870.970.980.970.930.880.86-0.93-0.750.880.90.870.940.930.280.890.650.990.91.00.880.86-0.070.81-0.85
0.870.870.90.780.920.931.0-0.96-0.70.980.981.00.770.930.171.00.420.831.00.870.930.670.010.61-0.82
0.970.870.990.930.870.80.86-0.88-0.850.890.870.880.950.970.050.880.550.940.890.960.80.880.130.82-0.95
0.980.90.990.920.890.840.89-0.91-0.820.910.90.910.920.960.130.910.520.950.920.980.840.840.080.78-0.91
0.970.780.930.920.930.850.77-0.89-0.730.80.850.780.970.880.360.810.750.990.820.970.850.92-0.20.89-0.79
0.930.920.870.890.930.980.92-0.98-0.670.90.960.910.890.890.430.940.640.940.940.930.980.83-0.290.78-0.74
0.880.930.80.840.850.980.93-0.99-0.60.920.980.920.780.850.470.950.640.880.950.881.00.69-0.280.63-0.67
0.861.00.860.890.770.920.93-0.96-0.690.970.971.00.770.920.181.00.390.820.990.860.930.67-0.020.61-0.8
-0.93-0.96-0.88-0.91-0.89-0.98-0.99-0.960.69-0.95-0.99-0.96-0.84-0.91-0.37-0.98-0.6-0.92-0.98-0.93-0.99-0.750.18-0.70.77
-0.75-0.7-0.85-0.82-0.73-0.67-0.6-0.690.69-0.74-0.69-0.71-0.79-0.860.23-0.71-0.46-0.72-0.72-0.73-0.59-0.76-0.34-0.730.89
0.880.980.890.910.80.90.920.97-0.95-0.740.980.980.770.950.110.990.510.840.990.870.920.660.110.59-0.86
0.90.980.870.90.850.960.980.97-0.99-0.690.980.980.80.920.290.990.580.880.990.90.980.7-0.080.63-0.79
0.871.00.880.910.780.910.921.0-0.96-0.710.980.980.780.940.141.00.410.831.00.870.930.680.030.62-0.83
0.940.770.950.920.970.890.780.77-0.84-0.790.770.80.780.910.190.80.590.950.80.950.770.98-0.110.96-0.85
0.930.930.970.960.880.890.850.92-0.91-0.860.950.920.940.910.00.940.530.890.940.920.850.840.150.79-0.96
0.280.170.050.130.360.430.470.18-0.370.230.110.290.140.190.00.20.470.370.190.310.470.16-0.880.160.25
0.891.00.880.910.810.940.951.0-0.98-0.710.990.991.00.80.940.20.480.851.00.890.950.7-0.010.63-0.82
0.650.420.550.520.750.640.640.39-0.6-0.460.510.580.410.590.530.470.480.720.480.640.640.55-0.220.54-0.43
0.990.830.940.950.990.940.880.82-0.92-0.720.840.880.830.950.890.370.850.720.860.990.880.89-0.170.84-0.8
0.91.00.890.920.820.940.950.99-0.98-0.720.990.991.00.80.940.191.00.480.860.890.950.71-0.010.64-0.83
1.00.870.960.980.970.930.880.86-0.93-0.730.870.90.870.950.920.310.890.640.990.890.880.87-0.10.82-0.84
0.880.930.80.840.850.981.00.93-0.99-0.590.920.980.930.770.850.470.950.640.880.950.880.68-0.280.63-0.67
0.860.670.880.840.920.830.690.67-0.75-0.760.660.70.680.980.840.160.70.550.890.710.870.68-0.170.99-0.78
-0.070.010.130.08-0.2-0.29-0.28-0.020.18-0.340.11-0.080.03-0.110.15-0.88-0.01-0.22-0.17-0.01-0.1-0.28-0.17-0.21-0.39
0.810.610.820.780.890.780.630.61-0.7-0.730.590.630.620.960.790.160.630.540.840.640.820.630.99-0.21-0.73
-0.85-0.82-0.95-0.91-0.79-0.74-0.67-0.80.770.89-0.86-0.79-0.83-0.85-0.960.25-0.82-0.43-0.8-0.83-0.84-0.67-0.78-0.39-0.73
Click cells to compare fundamentals

Purecycle Technologies Account Relationship Matchups

Purecycle Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.3M404.1M664.7M861.3M1.0B555.2M
Short Long Term Debt Total19.9M262.3M232.5M250.1M543.8M571.0M
Other Current Liab1.2M31.9M37.1M36.6M43.6M27.6M
Total Current Liabilities10.5M33.1M38.5M38.3M55.6M33.2M
Total Stockholder Equity2.4M107.9M381.5M510.9M420.2M262.0M
Net Tangible Assets(23.2M)46.7M381.5M510.9M587.5M616.9M
Property Plant And Equipment Net30.4M70.2M225.2M524.9M668.5M702.0M
Net Debt19.8M197.8M199.1M186.2M444.7M466.9M
Retained Earnings(27.7M)(84.6M)(157.8M)(242.5M)(344.2M)(327.0M)
Accounts Payable2.4M1.1M1.4M1.7M2.9M1.9M
Cash150.1K64.5M33.4M63.9M99.1M104.1M
Non Current Assets Total30.4M336.3M319.3M625.1M876.7M920.6M
Long Term Debt13M262.2M232.5M233.5M507.4M532.8M
Cash And Short Term Investments150.1K64.5M200.8M162.5M147.3M105.5M
Liabilities And Stockholders Equity33.3M404.1M664.7M861.3M1.0B555.2M
Non Current Liabilities Total20.4M263.2M244.7M312.2M563.5M591.7M
Other Current Assets720.6K446K2.7M73.7M15.3M17.1M
Other Stockholder Equity107.2K188.5M539.4M753.9M764.3M411.8M
Total Liab30.9M296.2M283.1M350.5M619.1M650.1M
Net Invested Capital(3.3M)308.9M614.0M744.4M936.8M478.1M
Property Plant And Equipment Gross30.4M70.2M230.3M533.5M693.1M727.7M
Total Current Assets2.9M67.8M345.3M236.2M162.6M149.5M
Capital Stock25.9M149.3M128K164K147.6K140.2K
Net Working Capital(7.6M)34.8M306.9M197.9M107.0M116.4M
Property Plant Equipment30.4M70.2M225.2M524.9M603.6M633.8M

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Additional Tools for Purecycle Stock Analysis

When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.