Pinstripes Net Income vs Income Before Tax Analysis

PNST Stock   0.63  0.09  12.50%   
Pinstripes Holdings financial indicator trend analysis is much more than just breaking down Pinstripes Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinstripes Holdings is a good investment. Please check the relationship between Pinstripes Holdings Net Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes 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 state.
For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinstripes Holdings Net Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Pinstripes Holdings' Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Pinstripes Holdings, assuming nothing else is changed. The correlation between historical values of Pinstripes Holdings' Net Income 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 Net Income of Pinstripes Holdings 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 Net Income i.e., Pinstripes Holdings' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Pinstripes Holdings financial statement analysis. It represents the amount of money remaining after all of Pinstripes Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Pinstripes Holdings income statement and is an important metric when analyzing Pinstripes Holdings 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 Pinstripes Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinstripes Holdings 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 Pinstripes 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 state.
For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.At this time, Pinstripes Holdings' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Enterprise Value is likely to drop slightly above 420.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.3M1.9M11.7M12.3M
Depreciation And Amortization8.8M8.1M8.4M6.8M

Pinstripes Holdings fundamental ratios Correlations

-0.97-0.970.86-0.68-0.980.78-0.71-0.96-0.87-0.960.87-0.94-0.99-0.96-0.93-0.99-0.6-0.52-0.9-0.94-0.971.0-0.63-0.97-0.94
-0.971.0-0.930.510.92-0.920.511.00.721.0-0.931.00.931.00.990.930.790.690.961.00.97-0.940.760.961.0
-0.971.0-0.920.50.92-0.910.521.00.731.0-0.920.990.931.00.990.930.780.680.950.990.98-0.940.750.950.99
0.86-0.93-0.92-0.54-0.880.9-0.28-0.94-0.5-0.921.0-0.96-0.79-0.94-0.88-0.79-0.87-0.87-1.0-0.96-0.820.84-0.94-0.94-0.96
-0.680.510.5-0.540.8-0.170.740.50.710.48-0.570.480.690.490.380.690.050.140.530.490.5-0.730.340.720.48
-0.980.920.92-0.880.8-0.710.710.920.840.91-0.890.910.970.920.860.970.560.520.90.910.91-0.990.660.990.91
0.78-0.92-0.910.9-0.17-0.71-0.14-0.93-0.41-0.920.88-0.94-0.71-0.93-0.94-0.71-0.95-0.86-0.92-0.94-0.840.73-0.85-0.8-0.94
-0.710.510.52-0.280.740.71-0.140.480.960.5-0.310.430.790.480.470.79-0.13-0.230.340.440.66-0.75-0.060.590.43
-0.961.01.0-0.940.50.92-0.930.480.71.0-0.941.00.921.00.990.920.810.720.971.00.96-0.930.790.961.0
-0.870.720.73-0.50.710.84-0.410.960.70.71-0.520.650.920.70.690.920.140.020.560.660.84-0.890.170.760.66
-0.961.01.0-0.920.480.91-0.920.51.00.71-0.920.990.921.00.990.920.790.690.961.00.97-0.930.760.950.99
0.87-0.93-0.921.0-0.57-0.890.88-0.31-0.94-0.52-0.92-0.96-0.8-0.94-0.88-0.8-0.85-0.85-0.99-0.95-0.820.85-0.93-0.95-0.96
-0.941.00.99-0.960.480.91-0.940.431.00.650.99-0.960.891.00.980.890.840.760.981.00.94-0.910.820.961.0
-0.990.930.93-0.790.690.97-0.710.790.920.920.92-0.80.890.920.91.00.50.40.830.90.97-0.990.520.940.89
-0.961.01.0-0.940.490.92-0.930.481.00.71.0-0.941.00.920.990.920.810.720.971.00.96-0.930.780.961.0
-0.930.990.99-0.880.380.86-0.940.470.990.690.99-0.880.980.90.990.90.80.680.920.980.97-0.90.720.910.98
-0.990.930.93-0.790.690.97-0.710.790.920.920.92-0.80.891.00.920.90.50.40.830.90.97-0.990.520.940.89
-0.60.790.78-0.870.050.56-0.95-0.130.810.140.79-0.850.840.50.810.80.50.960.860.830.64-0.540.930.680.84
-0.520.690.68-0.870.140.52-0.86-0.230.720.020.69-0.850.760.40.720.680.40.960.840.760.51-0.470.980.650.76
-0.90.960.95-1.00.530.9-0.920.340.970.560.96-0.990.980.830.970.920.830.860.840.980.87-0.870.910.960.98
-0.941.00.99-0.960.490.91-0.940.441.00.661.0-0.951.00.91.00.980.90.830.760.980.94-0.920.820.961.0
-0.970.970.98-0.820.50.91-0.840.660.960.840.97-0.820.940.970.960.970.970.640.510.870.94-0.960.590.920.94
1.0-0.94-0.940.84-0.73-0.990.73-0.75-0.93-0.89-0.930.85-0.91-0.99-0.93-0.9-0.99-0.54-0.47-0.87-0.92-0.96-0.6-0.97-0.91
-0.630.760.75-0.940.340.66-0.85-0.060.790.170.76-0.930.820.520.780.720.520.930.980.910.820.59-0.60.770.82
-0.970.960.95-0.940.720.99-0.80.590.960.760.95-0.950.960.940.960.910.940.680.650.960.960.92-0.970.770.96
-0.941.00.99-0.960.480.91-0.940.431.00.660.99-0.961.00.891.00.980.890.840.760.981.00.94-0.910.820.96
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Pinstripes Holdings Account Relationship Matchups

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Additional Tools for Pinstripes Stock Analysis

When running Pinstripes Holdings' price analysis, check to measure Pinstripes Holdings' 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 Pinstripes Holdings is operating at the current time. Most of Pinstripes Holdings' value examination focuses on studying past and present price action to predict the probability of Pinstripes Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinstripes Holdings' price. Additionally, you may evaluate how the addition of Pinstripes Holdings to your portfolios can decrease your overall portfolio volatility.