Acco Income Before Tax vs Ebit Analysis

ACCO Stock  USD 5.15  0.02  0.39%   
Acco Brands financial indicator trend analysis is way more than just evaluating Acco Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acco Brands is a good investment. Please check the relationship between Acco Brands Income Before Tax and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acco Brands Income Before Tax account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Acco Brands' Income Before Tax and Ebit is 0.7. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of Acco Brands, assuming nothing else is changed. The correlation between historical values of Acco Brands' Income Before Tax and Ebit 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 Acco Brands are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Acco Brands' Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Acco Brands income statement and is an important metric when analyzing Acco Brands 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.

Ebit

Most indicators from Acco Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acco Brands 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.At this time, Acco Brands' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 18th of May 2024, Enterprise Value Multiple is likely to grow to 8.03, while Selling General Administrative is likely to drop about 331 M.
 2021 2022 2023 2024 (projected)
Gross Profit614.9M552.3M598.3M488.7M
Total Revenue2.0B1.9B1.8B1.5B

Acco Brands fundamental ratios Correlations

0.930.640.950.90.940.790.94-0.120.850.050.99-0.090.050.840.98-0.560.80.960.860.810.810.980.480.9-0.04
0.930.620.870.720.880.761.0-0.290.750.220.90.050.220.790.87-0.710.70.970.850.750.80.960.520.9-0.07
0.640.620.640.570.630.350.630.020.640.00.64-0.190.00.450.63-0.390.490.610.650.510.50.630.510.540.63
0.950.870.640.820.90.720.87-0.020.950.120.93-0.240.120.730.91-0.590.670.90.940.880.70.950.590.88-0.1
0.90.720.570.820.80.650.750.070.72-0.230.91-0.2-0.230.760.93-0.250.810.760.730.670.720.790.420.750.04
0.940.880.630.90.80.720.9-0.090.81-0.050.94-0.1-0.050.780.92-0.540.690.930.780.790.720.940.460.82-0.06
0.790.760.350.720.650.720.73-0.520.620.380.730.270.380.930.73-0.70.830.810.580.670.860.80.330.88-0.14
0.941.00.630.870.750.90.73-0.240.750.130.920.010.130.780.89-0.660.70.970.850.730.780.960.530.88-0.07
-0.12-0.290.02-0.020.07-0.09-0.52-0.24-0.04-0.65-0.03-0.8-0.65-0.53-0.040.67-0.47-0.270.02-0.21-0.62-0.210.26-0.42-0.07
0.850.750.640.950.720.810.620.75-0.040.140.82-0.190.140.660.81-0.550.60.790.920.930.630.850.520.84-0.05
0.050.220.00.12-0.23-0.050.380.13-0.650.14-0.040.411.00.23-0.11-0.710.20.210.150.250.340.19-0.030.35-0.03
0.990.90.640.930.910.940.730.92-0.030.82-0.04-0.17-0.040.780.99-0.480.760.940.830.770.760.960.460.84-0.01
-0.090.05-0.19-0.24-0.2-0.10.270.01-0.8-0.190.41-0.170.410.32-0.19-0.20.210.05-0.24-0.070.3-0.03-0.480.18-0.02
0.050.220.00.12-0.23-0.050.380.13-0.650.141.0-0.040.410.23-0.11-0.710.20.210.150.250.340.19-0.030.35-0.03
0.840.790.450.730.760.780.930.78-0.530.660.230.780.320.230.78-0.630.90.820.610.710.920.810.280.92-0.04
0.980.870.630.910.930.920.730.89-0.040.81-0.110.99-0.19-0.110.78-0.460.780.910.80.770.770.930.440.820.02
-0.56-0.71-0.39-0.59-0.25-0.54-0.7-0.660.67-0.55-0.71-0.48-0.2-0.71-0.63-0.46-0.59-0.68-0.56-0.66-0.75-0.67-0.34-0.74-0.02
0.80.70.490.670.810.690.830.7-0.470.60.20.760.210.20.90.78-0.590.750.540.660.960.740.170.820.19
0.960.970.610.90.760.930.810.97-0.270.790.210.940.050.210.820.91-0.680.750.810.790.820.990.410.9-0.06
0.860.850.650.940.730.780.580.850.020.920.150.83-0.240.150.610.8-0.560.540.810.840.60.870.690.85-0.11
0.810.750.510.880.670.790.670.73-0.210.930.250.77-0.070.250.710.77-0.660.660.790.840.720.830.440.86-0.11
0.810.80.50.70.720.720.860.78-0.620.630.340.760.30.340.920.77-0.750.960.820.60.720.80.180.880.15
0.980.960.630.950.790.940.80.96-0.210.850.190.96-0.030.190.810.93-0.670.740.990.870.830.80.470.91-0.07
0.480.520.510.590.420.460.330.530.260.52-0.030.46-0.48-0.030.280.44-0.340.170.410.690.440.180.470.48-0.09
0.90.90.540.880.750.820.880.88-0.420.840.350.840.180.350.920.82-0.740.820.90.850.860.880.910.48-0.11
-0.04-0.070.63-0.10.04-0.06-0.14-0.07-0.07-0.05-0.03-0.01-0.02-0.03-0.040.02-0.020.19-0.06-0.11-0.110.15-0.07-0.09-0.11
Click cells to compare fundamentals

Acco Brands Account Relationship Matchups

Acco Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.0B3.1B2.8B2.6B1.8B
Short Long Term Debt Total922M1.2B1.1B1.1B1.0B737.4M
Other Current Liab139.9M145.2M174.7M152.4M143.8M116.0M
Total Current Liabilities588.8M556.9M708.6M589M542M386.8M
Total Stockholder Equity773.7M742.7M864.8M810.1M787M413.6M
Property Plant And Equipment Net369M330.6M319.8M273.9M261.1M211.8M
Current Deferred Revenue157.3M148.2M132.4M158.3M115.9M136.0M
Net Debt894.2M1.2B1.1B1.0B949.8M692.4M
Retained Earnings(574.2M)(537.3M)(462M)(504.4M)(556M)(583.8M)
Accounts Payable245.7M180.2M308.2M239.5M183.7M142.9M
Cash27.8M36.6M41.2M62.2M66.4M44.9M
Non Current Assets Total2.0B2.3B2.2B1.9B1.8B1.1B
Non Currrent Assets Other17.4M16.9M15.8M15.4M14.7M14.0M
Cash And Short Term Investments27.8M36.6M41.2M62.2M66.4M44.9M
Net Receivables453.7M356M416.1M384.1M430.7M326.2M
Good Will718.6M827.4M802.5M671.5M590M450.5M
Liabilities And Stockholders Equity2.8B3.0B3.1B2.8B2.6B1.8B
Non Current Liabilities Total1.4B1.7B1.5B1.4B1.3B957.4M
Inventory283.3M305.1M428M395.2M327.5M235.0M
Other Current Assets41.2M30.5M39.6M40.8M30.8M27.2M
Other Stockholder Equity1.9B1.8B1.9B1.9B1.9B1.2B
Total Liab2.0B2.3B2.2B2.0B1.9B1.3B
Property Plant And Equipment Gross369M330.6M656.4M589.2M690.6M725.1M
Total Current Assets806M728.2M924.9M882.3M855.4M651.6M
Accumulated Other Comprehensive Income(505.7M)(564.2M)(535.5M)(540.3M)(526.3M)(500.0M)
Short Term Debt55M99.1M67.4M81.2M57.2M58.7M
Other Liab559.1M618M474.8M383.9M441.5M282.4M
Other Assets136.4M185.5M141.9M120M138M134.6M
Intangible Assets758.6M977M902.2M847M815.7M564.5M
Property Plant Equipment267.1M241.4M319.8M185.1M212.9M243.9M
Long Term Debt777.2M1.1B954.1M936.5M882.2M910.2M
Treasury Stock(38.2M)(39.9M)(40.9M)(43.4M)(39.1M)(37.1M)
Net Tangible Assets(703.5M)(1.1B)(839.9M)(708.4M)(637.6M)(669.4M)
Retained Earnings Total Equity(574.2M)(537.3M)(462M)(504.4M)(580.1M)(609.1M)
Long Term Debt Total777.2M1.1B954.1M936.5M1.1B940.7M
Capital Surpluse1.9B1.9B1.9B1.9B2.2B2.1B
Deferred Long Term Liab177.5M170.6M145.2M144.1M165.7M171.6M

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When determining whether Acco Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acco Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acco Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acco Brands Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.
Note that the Acco Brands information on this page should be used as a complementary analysis to other Acco Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Acco Brands' price analysis, check to measure Acco Brands' 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 Acco Brands is operating at the current time. Most of Acco Brands' value examination focuses on studying past and present price action to predict the probability of Acco Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acco Brands' price. Additionally, you may evaluate how the addition of Acco Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acco Brands' 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 Acco Brands. If investors know Acco 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 Acco Brands 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
(0.33)
Dividend Share
0.3
Earnings Share
(0.26)
Revenue Per Share
18.734
Quarterly Revenue Growth
(0.11)
The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco Brands' 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 Acco Brands' market value can be influenced by many factors that don't directly affect Acco Brands' 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 Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco Brands' 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.