Shattuck Income Before Tax vs Income Tax Expense Analysis
| STTK Stock | USD 1.30 0.05 4.00% |
Shattuck Labs financial indicator trend analysis is much more than just breaking down Shattuck Labs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shattuck Labs is a good investment. Please check the relationship between Shattuck Labs Income Before Tax and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. 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 Shattuck Stock please use our How to buy in Shattuck Stock guide.
Income Before Tax vs Income Tax Expense
Income Before Tax vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shattuck Labs Income Before Tax account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shattuck Labs' Income Before Tax and Income Tax Expense is -0.06. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Shattuck Labs, assuming nothing else is changed. The correlation between historical values of Shattuck Labs' Income Before Tax and Income Tax Expense 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 Shattuck Labs are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Income Before Tax i.e., Shattuck Labs' Income Before Tax and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Shattuck Labs income statement and is an important metric when analyzing Shattuck Labs 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.Income Tax Expense
Most indicators from Shattuck Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shattuck Labs 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 Shattuck Labs. 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 Shattuck Stock please use our How to buy in Shattuck Stock guide.The value of Selling General Administrative is expected to slide to about 14.3 M. The value of Issuance Of Capital Stock is estimated to slide to about 45.8 M
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 3.1M | 4.0M | 4.2M | Interest Income | 625K | 1.6M | 4.7M | 4.9M |
Shattuck Labs fundamental ratios Correlations
Click cells to compare fundamentals
Shattuck Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shattuck Labs fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 45.0M | 349.0M | 298.6M | 205.3M | 159.6M | 206.4M | |
| Other Current Liab | 425K | 7.4M | 14.6M | 17.1M | 9.1M | 8.9M | |
| Total Current Liabilities | 20.0M | 16.8M | 24.6M | 25.0M | 11.5M | 15.8M | |
| Total Stockholder Equity | (34.5M) | 309.9M | 271.8M | 176.2M | 144.7M | 157.1M | |
| Net Tangible Assets | (34.5M) | 309.9M | 271.8M | 176.2M | 202.6M | 156.7M | |
| Property Plant And Equipment Net | 2.4M | 3M | 9.9M | 17.7M | 13.8M | 9.0M | |
| Net Debt | (7.0M) | (157.9M) | (92.3M) | (43.2M) | (121.4M) | (115.4M) | |
| Retained Earnings | (35.5M) | (72.1M) | (117.1M) | (219.0M) | (306.3M) | (291.0M) | |
| Accounts Payable | 3.1M | 1.8M | 10.0M | 7.2M | 1.6M | 1.5M | |
| Cash | 7.0M | 157.9M | 92.3M | 47.4M | 125.6M | 84.7M | |
| Non Currrent Assets Other | 90K | 349K | 381K | 3.1M | 2.5M | 2.7M | |
| Other Assets | 90K | 349K | 10.3M | 434K | 1.0 | 0.95 | |
| Cash And Short Term Investments | 39.1M | 335.4M | 268.8M | 161.3M | 130.6M | 182.5M | |
| Common Stock Shares Outstanding | 41.7M | 41.8M | 42.0M | 42.4M | 42.6M | 41.4M | |
| Short Term Investments | 32.1M | 177.6M | 176.5M | 113.9M | 5.0M | 4.7M | |
| Liabilities And Stockholders Equity | 45.0M | 349.0M | 298.6M | 205.3M | 159.6M | 206.4M | |
| Non Current Liabilities Total | 59.5M | 22.3M | 2.2M | 4.2M | 3.4M | 3.2M | |
| Other Current Assets | 3.4M | 20.4M | 38.9M | 23.3M | 12.6M | 19.0M | |
| Other Stockholder Equity | (48.2M) | 382.0M | 389.4M | 396.0M | 451.0M | 288.0M | |
| Total Liab | 79.5M | 39.1M | 26.8M | 29.2M | 14.9M | 14.1M | |
| Net Invested Capital | (34.5M) | 309.9M | 271.8M | 176.2M | 144.7M | 157.1M | |
| Property Plant And Equipment Gross | 2.4M | 3M | 9.9M | 17.7M | 23.3M | 24.5M | |
| Total Current Assets | 42.4M | 345.6M | 288.3M | 184.6M | 143.2M | 196.1M | |
| Accumulated Other Comprehensive Income | 54K | (63K) | (560K) | (877K) | 4K | 4.2K | |
| Net Working Capital | 22.5M | 328.8M | 263.7M | 159.6M | 131.8M | 174.4M | |
| Property Plant Equipment | 2.4M | 3M | 9.9M | 17.7M | 20.3M | 21.3M |
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Is Biotechnology 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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 0.088 | Quarterly Revenue Growth 7.045 | Return On Assets (0.40) | Return On Equity (0.68) |
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.