Trip Income Before Tax vs Operating Income Analysis

TCOM Stock

USD 63.80 0.90 1.43%

Trip Group financial indicator trend analysis is much more than just breaking down Trip Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trip Group is a good investment. Please check the relationship between Trip Group Income Before Tax and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trip Group Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

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

The correlation between Trip Group's Income Before Tax and Operating Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Trip Group Ltd, assuming nothing else is changed. The correlation between historical values of Trip Group's Income Before Tax and Operating 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 Trip Group Ltd are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Trip Group's Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

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 Trip Group income statement and is an important metric when analyzing Trip Group 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.

Operating Income

Operating Income is the amount of profit realized from Trip Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Trip Group Ltd is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Trip Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trip Group 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 Trip Group Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Trip Group's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value is likely to grow to about 183.1 B, while Tax Provision is likely to drop about 955.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	15.4B	15.5B	36.4B	38.2B
Total Revenue	20.0B	20.0B	44.5B	46.7B

Gross Profit Total Revenue

Trip Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Good Will	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables
Total Assets		0.67	0.98	0.99	0.68	0.88	0.96	0.98	0.86	0.74	0.99	0.99	0.98	0.87	0.98	0.81	-0.45	0.96	0.95	0.85	0.98	0.79	0.89	0.99	0.62	0.85
Other Current Liab	0.67		0.65	0.72	0.34	0.59	0.61	0.62	0.59	0.34	0.72	0.61	0.64	0.57	0.62	0.48	-0.62	0.69	0.57	0.58	0.61	0.45	0.7	0.68	0.37	0.66
Total Current Liabilities	0.98	0.65		0.97	0.65	0.87	0.91	0.97	0.84	0.62	0.96	0.97	0.98	0.88	0.92	0.81	-0.45	0.97	0.89	0.82	0.94	0.76	0.93	0.96	0.57	0.86
Total Stockholder Equity	0.99	0.72	0.97		0.63	0.87	0.95	0.96	0.86	0.67	1.0	0.96	0.96	0.85	0.95	0.78	-0.55	0.95	0.92	0.85	0.95	0.74	0.91	0.98	0.6	0.87
Net Debt	0.68	0.34	0.65	0.63		0.26	0.68	0.63	0.75	0.77	0.67	0.71	0.58	0.32	0.75	0.91	0.0	0.53	0.77	0.68	0.71	0.82	0.38	0.72	-0.06	0.21
Cash	0.88	0.59	0.87	0.87	0.26		0.82	0.89	0.64	0.52	0.84	0.86	0.93	0.94	0.81	0.49	-0.52	0.9	0.77	0.67	0.84	0.53	0.9	0.83	0.89	0.97
Other Assets	0.96	0.61	0.91	0.95	0.68	0.82		0.92	0.82	0.79	0.97	0.95	0.92	0.82	0.96	0.77	-0.4	0.89	0.95	0.81	0.95	0.75	0.8	0.96	0.62	0.8
Cash And Short Term Investments	0.98	0.62	0.97	0.96	0.63	0.89	0.92		0.84	0.7	0.96	0.98	0.99	0.89	0.94	0.83	-0.41	0.92	0.91	0.81	0.93	0.74	0.87	0.95	0.64	0.86
Common Stock Shares Outstanding	0.86	0.59	0.84	0.86	0.75	0.64	0.82	0.84		0.75	0.87	0.86	0.82	0.64	0.85	0.86	-0.34	0.79	0.84	0.98	0.84	0.86	0.73	0.87	0.33	0.62
Non Current Liabilities Total	0.74	0.34	0.62	0.67	0.77	0.52	0.79	0.7	0.75		0.7	0.78	0.67	0.55	0.83	0.74	0.06	0.59	0.87	0.74	0.79	0.82	0.39	0.76	0.42	0.41
Other Stockholder Equity	0.99	0.72	0.96	1.0	0.67	0.84	0.97	0.96	0.87	0.7		0.96	0.95	0.82	0.96	0.81	-0.53	0.93	0.93	0.85	0.96	0.75	0.88	0.99	0.57	0.84
Total Liab	0.99	0.61	0.97	0.96	0.71	0.86	0.95	0.98	0.86	0.78	0.96		0.98	0.87	0.97	0.83	-0.35	0.95	0.96	0.84	0.98	0.82	0.86	0.98	0.61	0.82
Total Current Assets	0.98	0.64	0.98	0.96	0.58	0.93	0.92	0.99	0.82	0.67	0.95	0.98		0.93	0.93	0.77	-0.41	0.96	0.9	0.8	0.93	0.72	0.91	0.94	0.7	0.9
Accounts Payable	0.87	0.57	0.88	0.85	0.32	0.94	0.82	0.89	0.64	0.55	0.82	0.87	0.93		0.79	0.55	-0.32	0.93	0.76	0.65	0.82	0.55	0.88	0.81	0.85	0.94
Good Will	0.98	0.62	0.92	0.95	0.75	0.81	0.96	0.94	0.85	0.83	0.96	0.97	0.93	0.79		0.82	-0.35	0.89	0.99	0.84	0.99	0.82	0.77	0.98	0.57	0.75
Short Term Investments	0.81	0.48	0.81	0.78	0.91	0.49	0.77	0.83	0.86	0.74	0.81	0.83	0.77	0.55	0.82		-0.15	0.68	0.83	0.78	0.78	0.8	0.58	0.81	0.14	0.46
Inventory	-0.45	-0.62	-0.45	-0.55	0.0	-0.52	-0.4	-0.41	-0.34	0.06	-0.53	-0.35	-0.41	-0.32	-0.35	-0.15		-0.45	-0.26	-0.38	-0.36	-0.14	-0.65	-0.45	-0.3	-0.61
Other Current Assets	0.96	0.69	0.97	0.95	0.53	0.9	0.89	0.92	0.79	0.59	0.93	0.95	0.96	0.93	0.89	0.68	-0.45		0.85	0.79	0.93	0.72	0.95	0.94	0.68	0.91
Intangible Assets	0.95	0.57	0.89	0.92	0.77	0.77	0.95	0.91	0.84	0.87	0.93	0.96	0.9	0.76	0.99	0.83	-0.26	0.85		0.83	0.98	0.83	0.71	0.96	0.55	0.69
Common Stock	0.85	0.58	0.82	0.85	0.68	0.67	0.81	0.81	0.98	0.74	0.85	0.84	0.8	0.65	0.84	0.78	-0.38	0.79	0.83		0.84	0.86	0.74	0.86	0.41	0.65
Property Plant Equipment	0.98	0.61	0.94	0.95	0.71	0.84	0.95	0.93	0.84	0.79	0.96	0.98	0.93	0.82	0.99	0.78	-0.36	0.93	0.98	0.84		0.83	0.82	0.99	0.61	0.78
Property Plant And Equipment Net	0.79	0.45	0.76	0.74	0.82	0.53	0.75	0.74	0.86	0.82	0.75	0.82	0.72	0.55	0.82	0.8	-0.14	0.72	0.83	0.86	0.83		0.58	0.82	0.28	0.48
Retained Earnings	0.89	0.7	0.93	0.91	0.38	0.9	0.8	0.87	0.73	0.39	0.88	0.86	0.91	0.88	0.77	0.58	-0.65	0.95	0.71	0.74	0.82	0.58		0.86	0.65	0.95
Non Current Assets Total	0.99	0.68	0.96	0.98	0.72	0.83	0.96	0.95	0.87	0.76	0.99	0.98	0.94	0.81	0.98	0.81	-0.45	0.94	0.96	0.86	0.99	0.82	0.86		0.56	0.81
Non Currrent Assets Other	0.62	0.37	0.57	0.6	-0.06	0.89	0.62	0.64	0.33	0.42	0.57	0.61	0.7	0.85	0.57	0.14	-0.3	0.68	0.55	0.41	0.61	0.28	0.65	0.56		0.84
Net Receivables	0.85	0.66	0.86	0.87	0.21	0.97	0.8	0.86	0.62	0.41	0.84	0.82	0.9	0.94	0.75	0.46	-0.61	0.91	0.69	0.65	0.78	0.48	0.95	0.81	0.84

Click cells to compare fundamentals

Trip Group Account Relationship Matchups

Trip Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	200.2B	187.2B	191.9B	191.7B	219.1B	230.1B
Other Current Liab	14.7B	14.1B	14.3B	60.3B	27.9B	29.3B
Total Current Liabilities	69.2B	58.4B	66.2B	57.0B	72.4B	76.0B
Total Stockholder Equity	103.4B	100.4B	109.7B	112.3B	122.2B	128.3B
Net Debt	30.9B	37.6B	30.2B	27.9B	4.0B	3.8B
Cash	19.9B	19.4B	21.2B	18.5B	41.6B	43.7B
Other Assets	2.0B	1.8B	2.1B	1.9B	2.2B	2.3B
Cash And Short Term Investments	43.0B	44.2B	50.8B	44.0B	59.3B	62.3B
Common Stock Shares Outstanding	567.4M	642.0M	600.9M	634.1M	671.1M	397.9M
Liabilities And Stockholders Equity	200.2B	187.2B	191.9B	191.7B	219.1B	230.1B
Non Current Liabilities Total	25.3B	27.3B	15.2B	21.6B	23.7B	12.5B
Other Stockholder Equity	81.5B	81.8B	91.7B	93.1B	93.7B	98.4B
Total Liab	94.5B	85.7B	81.4B	78.7B	96.1B	100.9B
Total Current Assets	68.0B	58.0B	66.1B	61.4B	88.7B	93.2B
Accounts Payable	12.3B	4.7B	6.2B	7.7B	16.5B	17.3B
Good Will	58.0B	58.3B	59.4B	59.3B	59.4B	62.3B
Short Term Investments	23.1B	24.8B	29.6B	25.5B	17.7B	12.2B
Inventory	1.7B	4.2B	1.8B	(4.9B)	(5.6B)	(5.3B)
Other Current Assets	15.5B	9.5B	10.5B	11.9B	15.3B	16.1B
Intangible Assets	13.3B	13.3B	13.0B	12.8B	12.6B	13.3B
Property Plant Equipment	7.3B	6.8B	6.3B	6.0B	6.9B	7.3B
Property Plant And Equipment Net	7.3B	6.8B	6.3B	6.0B	5.9B	3.3B
Retained Earnings	22.8B	19.5B	18.8B	20.1B	28.8B	30.2B
Non Current Assets Total	132.2B	129.2B	125.8B	130.3B	130.4B	136.9B
Non Currrent Assets Other	1.0B	436M	396M	570M	3.2B	3.3B
Net Receivables	7.7B	5.6B	6.2B	7.0B	14.1B	14.8B
Property Plant And Equipment Gross	7.3B	6.8B	6.3B	6.0B	10.3B	10.8B
Accumulated Other Comprehensive Income	(998M)	(870M)	(971M)	(943M)	(328M)	(311.6M)
Current Deferred Revenue	11.7B	7.6B	7.5B	8.3B	(208M)	(197.6M)
Short Term Debt	30.5B	34.1B	40.2B	11.8B	26.0B	21.6B
Other Liab	3.9B	4.0B	3.7B	3.7B	4.3B	2.4B
Short Long Term Debt Total	50.8B	57.0B	51.4B	46.4B	45.6B	38.0B
Long Term Debt	19.5B	22.7B	11.1B	17.4B	19.1B	18.2B
Net Tangible Assets	31.9B	27.7B	37.3B	40.1B	46.1B	48.4B
Long Term Investments	51.3B	47.9B	45.0B	50.2B	49.3B	32.5B
Short Long Term Debt	30.5B	33.7B	39.9B	28.5B	25.9B	23.6B

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When determining whether Trip Group is a strong investment it is important to analyze Trip Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trip Group's future performance. For an informed investment choice regarding Trip Stock, refer to the following important reports:

How To Invest In Trip

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Is Trip Stock a good investment?

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What is Trip Group's Net Worth?

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Largest Hotels, Resorts & Cruise Lines Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trip Group Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Is Hotels, Resorts & Cruise Lines 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 Trip Group. If investors know Trip 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 Trip Group 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

4.926

Earnings Share

2.86

Revenue Per Share

74.603

Quarterly Revenue Growth

0.136

Return On Assets

0.0348

The market value of Trip Group is measured differently than its book value, which is the value of Trip that is recorded on the company's balance sheet. Investors also form their own opinion of Trip Group's value that differs from its market value or its book value, called intrinsic value, which is Trip Group's 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 Trip Group's market value can be influenced by many factors that don't directly affect Trip Group's 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 Trip Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trip Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trip Group's 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.

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Trip Income Before Tax vs Operating Income Analysis

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Operating Income

Trip Group fundamental ratios Correlations

Trip Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trip Group fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash And Short Term Investments

Retained Earnings	- 0.65	Inventory
Inventory	- 0.62	Other Current Liab
Net Receivables	- 0.61	Inventory
Inventory	- 0.55	Total Stockholder Equity
Inventory	- 0.53	Other Stockholder Equity
Inventory	- 0.52	Cash