Solid Income Before Tax vs Net Interest Income Analysis

SLDPW Stock  USD 0.11  0.01  8.33%   
Solid Power financial indicator trend analysis is much more than just breaking down Solid Power prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solid Power is a good investment. Please check the relationship between Solid Power Income Before Tax and its Net Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solid Power Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Solid Power's Income Before Tax and Net Interest Income is -0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Solid Power, assuming nothing else is changed. The correlation between historical values of Solid Power's Income Before Tax and Net Interest 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 Solid Power are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Solid Power's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Solid Power income statement and is an important metric when analyzing Solid Power 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 Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Solid Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solid Power 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 Solid Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.Selling General Administrative is likely to climb to about 27.5 M in 2024, despite the fact that Tax Provision is likely to grow to (148.2 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization2.4M5.9M12.7M13.4M
Interest Income56K4.7M15.4M16.2M

Solid Power fundamental ratios Correlations

0.010.850.911.00.780.62-0.6-0.250.930.610.740.96-0.980.910.910.240.80.940.951.00.77-0.890.92-0.630.75
0.010.290.410.030.50.510.78-0.310.34-0.770.530.02-0.07-0.380.420.09-0.590.04-0.280.030.46-0.14-0.37-0.050.62
0.850.290.860.860.970.52-0.23-0.540.840.240.960.95-0.930.650.880.210.520.890.730.850.98-0.870.65-0.580.8
0.910.410.860.920.890.82-0.24-0.320.990.250.860.86-0.910.691.00.240.490.840.760.910.85-0.850.69-0.570.91
1.00.030.860.920.790.63-0.59-0.260.930.590.750.96-0.980.90.920.240.780.950.941.00.78-0.890.91-0.630.76
0.780.50.970.890.790.64-0.03-0.530.860.041.00.86-0.870.520.90.230.350.80.610.780.99-0.830.52-0.550.86
0.620.510.520.820.630.640.00.030.840.010.60.49-0.590.450.80.270.230.410.490.640.56-0.620.46-0.470.67
-0.60.78-0.23-0.24-0.59-0.030.0-0.16-0.3-1.00.03-0.530.51-0.85-0.23-0.09-0.94-0.53-0.8-0.59-0.040.41-0.850.340.02
-0.25-0.31-0.54-0.32-0.26-0.530.03-0.16-0.260.16-0.56-0.440.4-0.06-0.340.61-0.05-0.39-0.16-0.19-0.580.05-0.06-0.34-0.35
0.930.340.840.990.930.860.84-0.3-0.260.310.820.86-0.920.740.990.240.550.830.80.930.82-0.850.74-0.580.87
0.61-0.770.240.250.590.040.01-1.00.160.31-0.020.53-0.520.860.240.090.940.540.80.590.05-0.420.85-0.34-0.01
0.740.530.960.860.751.00.60.03-0.560.82-0.020.83-0.830.460.880.220.290.770.550.741.0-0.80.46-0.530.85
0.960.020.950.860.960.860.49-0.53-0.440.860.530.83-0.990.850.870.170.760.960.910.940.87-0.880.86-0.580.71
-0.98-0.07-0.93-0.91-0.98-0.87-0.590.510.4-0.92-0.52-0.83-0.99-0.87-0.91-0.17-0.76-0.94-0.92-0.97-0.860.88-0.870.58-0.74
0.91-0.380.650.690.90.520.45-0.85-0.060.740.860.460.85-0.870.680.180.970.80.990.90.5-0.761.0-0.560.41
0.910.420.881.00.920.90.8-0.23-0.340.990.240.880.87-0.910.680.240.490.860.750.920.87-0.850.68-0.580.92
0.240.090.210.240.240.230.27-0.090.610.240.090.220.17-0.170.180.240.090.240.160.330.21-0.610.18-0.90.32
0.8-0.590.520.490.780.350.23-0.94-0.050.550.940.290.76-0.760.970.490.090.710.940.770.35-0.620.97-0.440.2
0.940.040.890.840.950.80.41-0.53-0.390.830.540.770.96-0.940.80.860.240.710.860.940.81-0.850.81-0.60.79
0.95-0.280.730.760.940.610.49-0.8-0.160.80.80.550.91-0.920.990.750.160.940.860.940.6-0.790.99-0.550.51
1.00.030.850.911.00.780.64-0.59-0.190.930.590.740.94-0.970.90.920.330.770.940.940.76-0.920.9-0.690.77
0.770.460.980.850.780.990.56-0.04-0.580.820.051.00.87-0.860.50.870.210.350.810.60.76-0.820.51-0.540.83
-0.89-0.14-0.87-0.85-0.89-0.83-0.620.410.05-0.85-0.42-0.8-0.880.88-0.76-0.85-0.61-0.62-0.85-0.79-0.92-0.82-0.760.89-0.76
0.92-0.370.650.690.910.520.46-0.85-0.060.740.850.460.86-0.871.00.680.180.970.810.990.90.51-0.76-0.560.42
-0.63-0.05-0.58-0.57-0.63-0.55-0.470.34-0.34-0.58-0.34-0.53-0.580.58-0.56-0.58-0.9-0.44-0.6-0.55-0.69-0.540.89-0.56-0.54
0.750.620.80.910.760.860.670.02-0.350.87-0.010.850.71-0.740.410.920.320.20.790.510.770.83-0.760.42-0.54
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Solid Power Account Relationship Matchups

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