Sprint Earnings before Tax vs Invested Capital Average Analysis

Earnings before Tax vs Invested Capital Average

Accounts Relationship

Earnings before Tax vs Invested Capital Average

Significance: Weak Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Sprint Earnings before Tax account and Invested Capital Average

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital, and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital, and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Did you try this?

Run Idea Optimizer Now
   

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
All  Next Launch Idea Optimizer

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also please take a look at World Market Map. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.