Power Net Income vs Income Before Tax Analysis

POWI Stock  USD 64.77  0.89  1.36%   
Power Integrations financial indicator trend analysis is much more than just breaking down Power Integrations prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Integrations is a good investment. Please check the relationship between Power Integrations 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 Power Integrations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Power Stock please use our How to Invest in Power Integrations 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 Power Integrations Net Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Power Integrations' Net Income and Income Before Tax is 0.98. 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 Power Integrations, assuming nothing else is changed. The correlation between historical values of Power Integrations' 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 Power Integrations 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., Power Integrations' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98
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 Power Integrations financial statement analysis. It represents the amount of money remaining after all of Power Integrations 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 Power Integrations income statement and is an important metric when analyzing Power Integrations 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 Power Integrations' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Integrations 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 Power Integrations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Power Stock please use our How to Invest in Power Integrations guide.As of now, Power Integrations' Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit360.6M366.9M229.0M151.7M
Total Revenue703.3M651.1M444.5M297.4M

Power Integrations fundamental ratios Correlations

0.690.960.851.00.96-0.670.80.90.680.920.960.850.610.640.610.410.070.940.560.980.350.740.490.80.41
0.690.580.640.690.68-0.520.20.680.390.710.640.580.30.42-0.02-0.030.460.70.040.65-0.250.410.270.320.21
0.960.580.850.960.94-0.620.810.860.630.890.910.830.580.530.630.480.010.880.570.940.390.630.440.780.39
0.850.640.850.840.82-0.540.590.910.520.910.790.650.770.310.40.280.330.90.370.780.240.40.690.660.67
1.00.690.960.840.96-0.660.810.90.670.910.960.840.60.630.620.420.050.920.570.990.350.730.470.80.39
0.960.680.940.820.96-0.590.80.850.590.940.870.770.620.60.660.47-0.040.90.640.920.390.650.470.730.38
-0.67-0.52-0.62-0.54-0.66-0.59-0.38-0.63-0.98-0.57-0.72-0.73-0.48-0.72-0.190.05-0.43-0.74-0.01-0.68-0.07-0.75-0.41-0.29-0.46
0.80.20.810.590.810.8-0.380.650.510.660.780.70.510.50.940.75-0.440.660.890.830.790.630.370.890.27
0.90.680.860.910.90.85-0.630.650.610.870.890.760.650.470.420.240.260.90.390.870.240.650.550.730.53
0.680.390.630.520.670.59-0.980.510.610.540.750.780.50.740.340.10.30.730.150.710.270.780.430.390.47
0.920.710.890.910.910.94-0.570.660.870.540.790.630.770.480.520.280.190.910.450.830.20.550.660.610.58
0.960.640.910.790.960.87-0.720.780.890.750.790.920.510.680.540.370.110.910.510.990.380.790.40.840.36
0.850.580.830.650.840.77-0.730.70.760.780.630.920.350.710.460.40.130.820.470.90.460.740.260.760.26
0.610.30.580.770.60.62-0.480.510.650.50.770.510.350.370.490.210.30.740.340.520.310.40.970.420.94
0.640.420.530.310.630.6-0.720.50.470.740.480.680.710.370.360.130.090.70.330.670.270.860.270.430.26
0.61-0.020.630.40.620.66-0.190.940.420.340.520.540.460.490.360.84-0.60.450.910.620.820.470.370.730.23
0.41-0.030.480.280.420.470.050.750.240.10.280.370.40.210.130.84-0.60.250.850.450.810.180.130.650.0
0.070.460.010.330.05-0.04-0.43-0.440.260.30.190.110.130.30.09-0.6-0.60.3-0.650.01-0.550.020.41-0.240.53
0.940.70.880.90.920.9-0.740.660.90.730.910.910.820.740.70.450.250.30.420.90.280.70.630.690.62
0.560.040.570.370.570.64-0.010.890.390.150.450.510.470.340.330.910.85-0.650.420.580.870.360.210.790.08
0.980.650.940.780.990.92-0.680.830.870.710.830.990.90.520.670.620.450.010.90.580.40.780.390.840.32
0.35-0.250.390.240.350.39-0.070.790.240.270.20.380.460.310.270.820.81-0.550.280.870.40.270.220.670.17
0.740.410.630.40.730.65-0.750.630.650.780.550.790.740.40.860.470.180.020.70.360.780.270.30.580.27
0.490.270.440.690.470.47-0.410.370.550.430.660.40.260.970.270.370.130.410.630.210.390.220.30.320.96
0.80.320.780.660.80.73-0.290.890.730.390.610.840.760.420.430.730.65-0.240.690.790.840.670.580.320.25
0.410.210.390.670.390.38-0.460.270.530.470.580.360.260.940.260.230.00.530.620.080.320.170.270.960.25
Click cells to compare fundamentals

Power Integrations Account Relationship Matchups

Power Integrations fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets803.9M903.3M1.0B840.1M819.9M447.5M
Other Current Liab23.0M26.9M27.4M27.4M21.5M14.4M
Total Current Liabilities50.5M62.5M72.3M58.4M48.9M40.8M
Total Stockholder Equity724.5M810.4M912.0M755.2M752.2M393.0M
Property Plant And Equipment Net116.6M166.2M179.8M176.7M164.2M85.2M
Net Debt(169.7M)(248.8M)(146.7M)(96.6M)(53.9M)(56.6M)
Retained Earnings575.5M621.6M753.4M762.5M753.7M791.4M
Accounts Payable27.4M34.7M43.7M30.1M26.4M18.8M
Cash178.7M258.9M158.1M105.4M63.9M109.7M
Non Current Assets Total262.6M302.1M327.7M315.0M308.3M168.8M
Cash And Short Term Investments411.1M449.2M530.4M353.8M311.6M205.1M
Net Receivables24.3M35.9M41.4M20.8M14.7M14.8M
Common Stock Shares Outstanding59.6M60.8M61.5M58.4M57.6M66.3M
Liabilities And Stockholders Equity803.9M903.3M1.0B840.1M819.9M447.5M
Non Current Liabilities Total28.9M30.4M30.1M26.5M18.8M16.0M
Inventory90.4M102.9M99.3M135.4M163.2M171.3M
Other Current Assets4.3M13.3M15.8M15.0M22.2M23.3M
Other Stockholder Equity152.1M190.9M162.3M24K(1.0)(0.95)
Total Liab79.4M92.9M102.5M84.9M67.6M54.4M
Property Plant And Equipment Gross116.6M166.2M418.9M446.9M466.6M490.0M
Total Current Assets541.3M601.2M686.8M525.1M511.6M281.7M
Accumulated Other Comprehensive Income(3.1M)(2.2M)(3.7M)(7.3M)(1.5M)(1.5M)
Non Currrent Assets Other34.4M28.2M30.6M20.9M19.5M15.0M
Short Term Investments232.4M190.3M372.2M248.4M247.6M260.0M
Property Plant Equipment116.6M166.2M179.8M176.7M203.2M213.3M
Other Liab21.8M30.4M30.1M20.7M23.8M18.4M
Other Assets27.7M31.6M47.0M30.7M35.4M25.1M
Intangible Assets16.9M12.5M9.0M6.6M4.4M4.2M
Net Tangible Assets615.8M706.1M811.2M656.8M755.3M503.9M
Retained Earnings Total Equity575.5M621.6M753.4M762.5M876.9M920.8M
Capital Surpluse126.2M152.1M190.9M162.3M146.1M133.1M
Deferred Long Term Liab138K216K164K75K67.5K64.1K
Non Current Liabilities Other28.7M30.3M30.1M26.5M12.5M21.4M

Currently Active Assets on Macroaxis

When determining whether Power Integrations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Power Integrations' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Power Integrations Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Power Integrations Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Integrations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Power Stock please use our How to Invest in Power Integrations guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Semiconductors & Semiconductor Equipment 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 Power Integrations. If investors know Power 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 Power Integrations 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
(0.27)
Dividend Share
0.8
Earnings Share
0.64
Revenue Per Share
7.094
Quarterly Revenue Growth
(0.08)
The market value of Power Integrations is measured differently than its book value, which is the value of Power that is recorded on the company's balance sheet. Investors also form their own opinion of Power Integrations' value that differs from its market value or its book value, called intrinsic value, which is Power Integrations' 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 Power Integrations' market value can be influenced by many factors that don't directly affect Power Integrations' 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 Power Integrations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Integrations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Integrations' 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.