Liberty Income Before Tax vs Ebitda Analysis

SCAN Stock

CAD 0.84 0.04 4.55%

Liberty Defense financial indicator trend analysis is infinitely more than just investigating Liberty Defense Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liberty Defense Holdings is a good investment. Please check the relationship between Liberty Defense Income Before Tax and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Liberty Defense 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 board of governors.

Income Before Tax vs Ebitda

Income Before Tax vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liberty Defense Holdings Income Before Tax account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Liberty Defense's Income Before Tax and Ebitda is 0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Liberty Defense Holdings, assuming nothing else is changed. The correlation between historical values of Liberty Defense's Income Before Tax and Ebitda 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 Liberty Defense Holdings are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Liberty Defense's Income Before Tax and Ebitda go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

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

Ebitda

Most indicators from Liberty Defense's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liberty Defense 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Liberty Defense 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 board of governors.

At this time, Liberty Defense's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 7.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (16.18) in 2024.

	2021	2022	2023	2024 (projected)
Income Tax Expense	89.8K	99.3K	89.4K	84.9K
Reconciled Depreciation	163.8K	1.1M	526.7K	471.2K

Income Tax Expense Reconciled Depreciation

Liberty Defense fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Net Tangible Assets	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Deferred Long Term Liab	Capital Stock	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab
Total Assets		0.7	0.51	0.07	-0.87	0.4	1.0	0.8	0.48	0.75	0.99	0.89	0.59	-0.51	0.91	0.76	-0.79	0.05	0.74	-0.59	0.91	0.96	0.93	0.8	0.14	0.89
Total Current Liabilities	0.7		-0.26	0.56	-0.91	-0.3	0.7	0.29	0.52	1.0	0.68	0.92	-0.14	-0.97	0.62	0.95	-0.73	-0.57	0.66	-0.88	0.77	0.55	0.88	0.7	0.42	0.81
Total Stockholder Equity	0.51	-0.26		-0.58	-0.07	0.89	0.51	0.73	0.01	-0.19	0.5	0.1	0.95	0.48	0.48	-0.11	-0.17	0.76	0.19	0.26	0.3	0.64	0.2	0.23	-0.32	0.23
Net Debt	0.07	0.56	-0.58		-0.44	-0.44	0.1	-0.27	0.57	0.53	-0.02	0.27	-0.3	-0.69	-0.17	0.29	-0.49	-0.87	0.47	-0.26	0.3	0.0	0.33	0.52	0.93	0.08
Retained Earnings	-0.87	-0.91	-0.07	-0.44		-0.03	-0.87	-0.53	-0.69	-0.94	-0.86	-0.95	-0.21	0.82	-0.8	-0.88	0.9	0.3	-0.85	0.72	-0.95	-0.77	-0.99	-0.87	-0.38	-0.88
Cash	0.4	-0.3	0.89	-0.44	-0.03		0.4	0.78	0.25	-0.23	0.41	-0.05	0.88	0.47	0.38	-0.24	-0.29	0.65	0.32	0.36	0.22	0.52	0.11	0.3	-0.13	0.0
Non Current Assets Total	1.0	0.7	0.51	0.1	-0.87	0.4		0.79	0.48	0.75	0.98	0.88	0.6	-0.51	0.89	0.75	-0.79	0.03	0.74	-0.58	0.91	0.97	0.93	0.81	0.17	0.88
Cash And Short Term Investments	0.8	0.29	0.73	-0.27	-0.53	0.78	0.79		0.44	0.35	0.83	0.51	0.74	-0.09	0.8	0.38	-0.61	0.35	0.64	-0.18	0.68	0.86	0.6	0.64	-0.09	0.52
Other Stockholder Equity	0.48	0.52	0.01	0.57	-0.69	0.25	0.48	0.44		0.54	0.47	0.42	0.21	-0.5	0.42	0.33	-0.9	-0.28	0.94	-0.15	0.68	0.44	0.61	0.86	0.62	0.28
Total Liab	0.75	1.0	-0.19	0.53	-0.94	-0.23	0.75	0.35	0.54		0.74	0.94	-0.07	-0.95	0.67	0.96	-0.76	-0.52	0.69	-0.87	0.8	0.6	0.91	0.73	0.41	0.83
Total Current Assets	0.99	0.68	0.5	-0.02	-0.86	0.41	0.98	0.83	0.47	0.74		0.88	0.54	-0.49	0.96	0.78	-0.77	0.12	0.72	-0.61	0.89	0.93	0.92	0.75	0.03	0.89
Common Stock Shares Outstanding	0.89	0.92	0.1	0.27	-0.95	-0.05	0.88	0.51	0.42	0.94	0.88		0.17	-0.8	0.83	0.97	-0.72	-0.25	0.66	-0.84	0.88	0.78	0.97	0.71	0.18	0.97
Net Invested Capital	0.59	-0.14	0.95	-0.3	-0.21	0.88	0.6	0.74	0.21	-0.07	0.54	0.17		0.33	0.45	-0.07	-0.36	0.55	0.38	0.24	0.42	0.72	0.31	0.44	-0.01	0.24
Net Working Capital	-0.51	-0.97	0.48	-0.69	0.82	0.47	-0.51	-0.09	-0.5	-0.95	-0.49	-0.8	0.33		-0.43	-0.87	0.64	0.74	-0.59	0.82	-0.64	-0.36	-0.75	-0.62	-0.52	-0.66
Net Tangible Assets	0.91	0.62	0.48	-0.17	-0.8	0.38	0.89	0.8	0.42	0.67	0.96	0.83	0.45	-0.43		0.75	-0.7	0.26	0.66	-0.61	0.82	0.84	0.86	0.63	-0.16	0.87
Accounts Payable	0.76	0.95	-0.11	0.29	-0.88	-0.24	0.75	0.38	0.33	0.96	0.78	0.97	-0.07	-0.87	0.75		-0.62	-0.36	0.55	-0.93	0.76	0.62	0.89	0.58	0.14	0.92
Other Assets	-0.79	-0.73	-0.17	-0.49	0.9	-0.29	-0.79	-0.61	-0.9	-0.76	-0.77	-0.72	-0.36	0.64	-0.7	-0.62		0.22	-0.97	0.45	-0.87	-0.71	-0.86	-0.94	-0.54	-0.61
Net Receivables	0.05	-0.57	0.76	-0.87	0.3	0.65	0.03	0.35	-0.28	-0.52	0.12	-0.25	0.55	0.74	0.26	-0.36	0.22		-0.22	0.37	-0.14	0.12	-0.19	-0.3	-0.73	-0.06
Other Current Assets	0.74	0.66	0.19	0.47	-0.85	0.32	0.74	0.64	0.94	0.69	0.72	0.66	0.38	-0.59	0.66	0.55	-0.97	-0.22		-0.31	0.89	0.72	0.81	0.97	0.52	0.55
Deferred Long Term Liab	-0.59	-0.88	0.26	-0.26	0.72	0.36	-0.58	-0.18	-0.15	-0.87	-0.61	-0.84	0.24	0.82	-0.61	-0.93	0.45	0.37	-0.31		-0.51	-0.38	-0.73	-0.34	-0.12	-0.79
Capital Stock	0.91	0.77	0.3	0.3	-0.95	0.22	0.91	0.68	0.68	0.8	0.89	0.88	0.42	-0.64	0.82	0.76	-0.87	-0.14	0.89	-0.51		0.89	0.95	0.92	0.29	0.85
Intangible Assets	0.96	0.55	0.64	0.0	-0.77	0.52	0.97	0.86	0.44	0.6	0.93	0.78	0.72	-0.36	0.84	0.62	-0.71	0.12	0.72	-0.38	0.89		0.84	0.8	0.12	0.79
Common Stock	0.93	0.88	0.2	0.33	-0.99	0.11	0.93	0.6	0.61	0.91	0.92	0.97	0.31	-0.75	0.86	0.89	-0.86	-0.19	0.81	-0.73	0.95	0.84		0.84	0.3	0.92
Property Plant Equipment	0.8	0.7	0.23	0.52	-0.87	0.3	0.81	0.64	0.86	0.73	0.75	0.71	0.44	-0.62	0.63	0.58	-0.94	-0.3	0.97	-0.34	0.92	0.8	0.84		0.59	0.61
Short Long Term Debt Total	0.14	0.42	-0.32	0.93	-0.38	-0.13	0.17	-0.09	0.62	0.41	0.03	0.18	-0.01	-0.52	-0.16	0.14	-0.54	-0.73	0.52	-0.12	0.29	0.12	0.3	0.59		-0.01
Other Current Liab	0.89	0.81	0.23	0.08	-0.88	0.0	0.88	0.52	0.28	0.83	0.89	0.97	0.24	-0.66	0.87	0.92	-0.61	-0.06	0.55	-0.79	0.85	0.79	0.92	0.61	-0.01

Click cells to compare fundamentals

Liberty Defense Account Relationship Matchups

Liberty Defense fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2M	442.6K	6.5M	6.2M	5.8M	6.1M
Total Current Liabilities	866.9K	2.9M	891.9K	1.6M	6.0M	6.3M
Total Stockholder Equity	147.7K	(2.6M)	4.9M	4.1M	(764.5K)	(726.2K)
Net Debt	(207.1K)	2.6M	(538.6K)	(10.4K)	558.5K	586.5K
Retained Earnings	(14.4M)	(17.0M)	(16.0M)	(28.1M)	(37.5M)	(35.6M)
Cash	578.8K	24.0K	1.3M	677.5K	963.0	914.85
Non Current Assets Total	551.6K	383.4K	4.9M	4.7M	4.3M	4.5M
Cash And Short Term Investments	578.8K	24.0K	1.3M	677.5K	779.1K	442.5K
Liabilities And Stockholders Equity	1.2M	442.6K	6.5M	6.2M	7.2M	7.5M
Other Stockholder Equity	592.4K	4.3M	4.2M	2.6M	3.0M	1.5M
Total Liab	1.1M	3.0M	1.6M	2.1M	6.6M	6.9M
Total Current Assets	697.9K	59.1K	1.6M	1.5M	1.5M	1.6M
Common Stock Shares Outstanding	10.2M	15.4M	49.2M	91.7M	145.4M	152.7M
Non Current Liabilities Total	235.0K	107.6K	665.1K	514.4K	639.2K	671.1K
Net Invested Capital	147.7K	(214.5K)	5.0M	4.1M	(205.0K)	(194.7K)
Net Working Capital	(169.0K)	(2.8M)	675.2K	(133.5K)	(4.4M)	(4.2M)
Accounts Payable	356.4K	320.6K	757.0K	1.5M	5.0M	5.2M
Net Receivables	70.6K	5.0K	69.1K	75.0K	25.5K	40.0K
Intangible Assets	120.9K	119.3K	4.1M	3.7M	3.3M	2.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Liberty Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC