Mach Operating Income vs Income Before Tax Analysis

MNR Stock  USD 20.70  0.48  2.37%   
Mach Natural financial indicator trend analysis is infinitely more than just investigating Mach Natural Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mach Natural Resources is a good investment. Please check the relationship between Mach Natural Operating Income and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mach Natural Resources Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Mach Natural's Operating Income and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Mach Natural Resources, assuming nothing else is changed. The correlation between historical values of Mach Natural's Operating 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 Operating Income of Mach Natural Resources 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 Operating Income i.e., Mach Natural's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Mach Natural Resources 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 Mach Natural Resources 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Mach Natural income statement and is an important metric when analyzing Mach Natural Resources 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 Mach Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mach Natural Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Mach Natural's Selling General Administrative is relatively stable compared to the past year. As of 04/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Issuance Of Capital Stock is likely to drop slightly above 130.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.7M4.2M11.2M11.9M
Depreciation And Amortization40.7M88.6M137.6M144.5M

Mach Natural fundamental ratios Correlations

0.17-0.160.220.6-0.240.520.11-0.39-0.25-0.030.84-0.110.50.110.540.670.460.670.760.540.560.790.790.720.46
0.170.790.990.510.750.621.00.46-0.480.860.40.930.630.990.860.530.470.470.510.670.650.470.450.580.67
-0.160.790.75-0.040.990.120.820.79-0.380.85-0.170.920.640.810.45-0.030.45-0.03-0.070.560.220.020.010.150.16
0.220.990.750.540.720.620.980.44-0.490.830.450.890.660.960.870.580.490.470.540.690.630.530.510.60.66
0.60.51-0.040.54-0.110.850.46-0.51-0.010.150.840.230.140.480.70.910.160.860.940.30.770.840.820.90.95
-0.240.750.990.72-0.110.030.80.83-0.350.82-0.240.90.590.780.39-0.090.38-0.11-0.140.520.15-0.06-0.070.060.1
0.520.620.120.620.850.030.56-0.24-0.260.460.740.40.260.60.820.750.350.860.850.330.820.680.660.80.89
0.111.00.820.980.460.80.560.51-0.480.870.330.950.620.990.810.480.460.410.450.640.60.420.40.530.63
-0.390.460.790.44-0.510.83-0.240.51-0.590.7-0.420.670.490.480.17-0.370.34-0.38-0.420.37-0.12-0.35-0.35-0.32-0.29
-0.25-0.48-0.38-0.49-0.01-0.35-0.26-0.48-0.59-0.59-0.3-0.44-0.5-0.46-0.58-0.24-0.5-0.23-0.26-0.53-0.35-0.23-0.23-0.21-0.18
-0.030.860.850.830.150.820.460.870.7-0.590.10.910.640.880.740.170.50.250.20.650.460.130.120.260.37
0.840.4-0.170.450.84-0.240.740.33-0.42-0.30.10.070.360.330.750.910.30.830.960.510.730.860.860.80.73
-0.110.930.920.890.230.90.40.950.67-0.440.910.070.560.960.670.220.40.220.20.560.450.170.150.320.44
0.50.630.640.660.140.590.260.620.49-0.50.640.360.560.590.660.260.660.250.30.890.40.360.360.320.15
0.110.990.810.960.480.780.60.990.48-0.460.880.330.960.590.830.470.440.460.460.630.650.40.380.540.66
0.540.860.450.870.70.390.820.810.17-0.580.740.750.670.660.830.740.530.740.790.760.820.680.670.730.77
0.670.53-0.030.580.91-0.090.750.48-0.37-0.240.170.910.220.260.470.740.260.710.930.410.630.950.940.890.83
0.460.470.450.490.160.380.350.460.34-0.50.50.30.40.660.440.530.260.260.280.50.340.390.390.420.24
0.670.47-0.030.470.86-0.110.860.41-0.38-0.230.250.830.220.250.460.740.710.260.910.410.930.640.620.760.86
0.760.51-0.070.540.94-0.140.850.45-0.42-0.260.20.960.20.30.460.790.930.280.910.460.830.870.860.880.88
0.540.670.560.690.30.520.330.640.37-0.530.650.510.560.890.630.760.410.50.410.460.540.450.460.420.32
0.560.650.220.630.770.150.820.6-0.12-0.350.460.730.450.40.650.820.630.340.930.830.540.560.540.710.83
0.790.470.020.530.84-0.060.680.42-0.35-0.230.130.860.170.360.40.680.950.390.640.870.450.561.00.940.75
0.790.450.010.510.82-0.070.660.4-0.35-0.230.120.860.150.360.380.670.940.390.620.860.460.541.00.930.73
0.720.580.150.60.90.060.80.53-0.32-0.210.260.80.320.320.540.730.890.420.760.880.420.710.940.930.89
0.460.670.160.660.950.10.890.63-0.29-0.180.370.730.440.150.660.770.830.240.860.880.320.830.750.730.89
Click cells to compare fundamentals

Mach Natural Account Relationship Matchups

Mach Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B525.4M887.4M2.3B2.4B
Short Long Term Debt Total1.0B983.3M85.8M99.7M824.5M421.4M
Total Stockholder Equity1.0B1.0B278.7M593.2M1.2B1.3B
Property Plant And Equipment Net5.7M5.6M343.2M698.2M1.9B2.0B
Net Debt1.0B959.8M26.5M70.3M671.7M394.3M
Cash20.2M23.5M59.3M29.4M152.8M160.4M
Non Current Assets Total1.7B1.8B346.9M701.2M2.0B2.1B
Non Currrent Assets Other1.7B1.8B3.7M3.1M7.1M6.7M
Cash And Short Term Investments205.4M132.3M59.3M29.4M152.8M160.4M
Net Receivables1.3M5.4M93.9M129.8M132.2M138.8M
Liabilities And Stockholders Equity1.9B1.9B525.4M887.4M2.3B2.4B
Non Current Liabilities Total857.3M898.2M117.2M141.6M837.9M879.8M
Other Stockholder Equity513.2M665.8M568.9M546.3M628.3M326.2M
Total Liab860.9M902.2M246.7M294.2M1.1B1.2B
Total Current Assets213.5M145.3M178.5M186.2M343.6M360.8M
Common Stock964K981K983K593.2M682.2M716.3M
Accumulated Other Comprehensive Income(3.3M)(3.4M)(4.3M)(2.2M)(2.6M)(2.7M)
Other Current Liab3.6M4.0M121.9M10.1M154.8M162.6M
Total Current Liabilities3.6M4.0M129.4M152.6M274.9M288.7M
Short Term Investments154.9M185.3M108.8M143.5M165.0M116.0M
Other Current Assets6.7M7.6M20.4M2.3M27.2M28.6M

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When determining whether Mach Natural Resources is a strong investment it is important to analyze Mach Natural'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 Mach Natural's future performance. For an informed investment choice regarding Mach Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mach Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Mach Natural's price analysis, check to measure Mach Natural'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 Mach Natural is operating at the current time. Most of Mach Natural's value examination focuses on studying past and present price action to predict the probability of Mach Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mach Natural's price. Additionally, you may evaluate how the addition of Mach Natural to your portfolios can decrease your overall portfolio volatility.
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Is Mach Natural's industry 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 Mach Natural. If investors know Mach 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 Mach Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Mach Natural Resources is measured differently than its book value, which is the value of Mach that is recorded on the company's balance sheet. Investors also form their own opinion of Mach Natural's value that differs from its market value or its book value, called intrinsic value, which is Mach Natural'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 Mach Natural's market value can be influenced by many factors that don't directly affect Mach Natural'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 Mach Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mach Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mach Natural'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.