Api Income Before Tax vs Total Revenue Analysis

APG Stock  USD 35.83  0.49  1.35%   
Api GroupCorp financial indicator trend analysis is way more than just evaluating Api GroupCorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Api GroupCorp is a good investment. Please check the relationship between Api GroupCorp Income Before Tax and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api GroupCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Api Stock please use our How to Invest in Api GroupCorp guide.

Income Before Tax vs Total Revenue

Income Before Tax vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Api GroupCorp Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Api GroupCorp's Income Before Tax and Total Revenue is 0.4. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Api GroupCorp, assuming nothing else is changed. The correlation between historical values of Api GroupCorp's Income Before Tax and Total Revenue 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 Api GroupCorp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Api GroupCorp's Income Before Tax and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Income Before Tax

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

Total Revenue

Total revenue comprises all receipts Api GroupCorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Api GroupCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Api GroupCorp 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 Api GroupCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Api Stock please use our How to Invest in Api GroupCorp guide.At this time, Api GroupCorp's Enterprise Value Over EBITDA is most likely to increase in the upcoming years. The Api GroupCorp's current Enterprise Value Multiple is estimated to increase to 16.23, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit939M1.7B1.7B971.4M
Total Revenue3.9B6.6B6.9B4.1B

Api GroupCorp fundamental ratios Correlations

0.991.00.910.740.940.89-0.930.960.860.92-0.860.870.790.980.760.830.990.790.770.97-0.440.980.990.960.89
0.991.00.940.790.940.92-0.940.970.90.95-0.830.90.750.990.760.870.990.750.820.99-0.490.990.990.960.93
1.01.00.930.760.930.91-0.940.960.880.94-0.850.880.770.990.770.851.00.770.790.98-0.460.981.00.960.91
0.910.940.930.890.840.94-0.910.950.960.99-0.670.940.50.970.780.920.90.50.910.98-0.550.930.920.860.97
0.740.790.760.890.580.79-0.650.740.950.89-0.320.970.270.80.870.870.70.270.980.82-0.450.740.780.640.96
0.940.940.930.840.580.86-0.910.920.790.81-0.90.750.830.920.510.770.960.830.660.92-0.530.960.90.990.77
0.890.920.910.940.790.86-0.940.940.890.92-0.710.860.580.930.690.980.90.580.830.94-0.770.890.90.860.89
-0.93-0.94-0.94-0.91-0.65-0.91-0.94-0.98-0.79-0.910.89-0.75-0.67-0.96-0.65-0.84-0.95-0.67-0.68-0.940.58-0.92-0.93-0.9-0.82
0.960.970.960.950.740.920.94-0.980.860.95-0.850.830.640.990.720.860.960.640.780.97-0.540.950.960.920.88
0.860.90.880.960.950.790.89-0.790.860.94-0.530.980.480.90.770.920.850.480.970.94-0.540.890.870.830.98
0.920.950.940.990.890.810.92-0.910.950.94-0.690.930.50.970.860.890.910.50.890.97-0.470.920.950.840.97
-0.86-0.83-0.85-0.67-0.32-0.9-0.710.89-0.85-0.53-0.69-0.51-0.85-0.82-0.43-0.56-0.89-0.85-0.37-0.790.33-0.85-0.83-0.88-0.57
0.870.90.880.940.970.750.86-0.750.830.980.93-0.510.490.890.850.90.840.490.980.92-0.470.870.890.810.99
0.790.750.770.50.270.830.58-0.670.640.480.5-0.850.490.670.350.490.811.00.320.67-0.30.760.740.850.49
0.980.990.990.970.80.920.93-0.960.990.90.97-0.820.890.670.780.870.980.670.820.99-0.490.980.990.940.93
0.760.760.770.780.870.510.69-0.650.720.770.86-0.430.850.350.780.720.710.350.820.76-0.210.670.820.580.87
0.830.870.850.920.870.770.98-0.840.860.920.89-0.560.90.490.870.720.830.490.890.89-0.790.830.840.790.91
0.990.991.00.90.70.960.9-0.950.960.850.91-0.890.840.810.980.710.830.810.740.97-0.470.980.980.980.87
0.790.750.770.50.270.830.58-0.670.640.480.5-0.850.491.00.670.350.490.810.320.67-0.30.760.740.850.49
0.770.820.790.910.980.660.83-0.680.780.970.89-0.370.980.320.820.820.890.740.320.85-0.50.780.790.710.96
0.970.990.980.980.820.920.94-0.940.970.940.97-0.790.920.670.990.760.890.970.670.85-0.510.980.970.940.95
-0.44-0.49-0.46-0.55-0.45-0.53-0.770.58-0.54-0.54-0.470.33-0.47-0.3-0.49-0.21-0.79-0.47-0.3-0.5-0.51-0.46-0.43-0.49-0.48
0.980.990.980.930.740.960.89-0.920.950.890.92-0.850.870.760.980.670.830.980.760.780.98-0.460.960.980.89
0.990.991.00.920.780.90.9-0.930.960.870.95-0.830.890.740.990.820.840.980.740.790.97-0.430.960.930.92
0.960.960.960.860.640.990.86-0.90.920.830.84-0.880.810.850.940.580.790.980.850.710.94-0.490.980.930.82
0.890.930.910.970.960.770.89-0.820.880.980.97-0.570.990.490.930.870.910.870.490.960.95-0.480.890.920.82
Click cells to compare fundamentals

Api GroupCorp Account Relationship Matchups

Api GroupCorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding173.9M169.5M205.8M266.1M235.1M203.1M
Total Assets4.0B4.1B5.2B8.1B7.6B5.7B
Short Long Term Debt Total1.3B1.5B1.9B3.0B2.6B2.0B
Other Current Liab428M423M360M689M729M541.9M
Total Current Liabilities823M841M867M1.9B1.8B1.3B
Total Stockholder Equity1.8B1.6B2.3B2.1B2.9B2.1B
Other Liab165M173M124M497M571.6M600.1M
Net Tangible Assets(344M)(489M)335M(1.2B)(1.1B)(1.1B)
Property Plant And Equipment Net507M462M427M629M618M544.7M
Current Deferred Revenue193M219M243M463M526M338.6M
Net Debt1.1B1.0B685M2.4B2.1B1.4B
Retained Earnings(128M)(284M)(237M)(164M)(11M)(11.6M)
Accounts Payable156M150M236M490M472M307.6M
Cash256M515M1.2B605M479M567.8M
Non Current Assets Total2.7B2.6B2.5B5.4B5.0B3.5B
Non Currrent Assets Other61M21M41M532M175M160.8M
Other Assets55M110M118M640M736M772.8M
Long Term Debt1.2B1.4B1.8B2.6B2.3B1.7B
Cash And Short Term Investments256M515M1.2B605M479M567.8M
Net Receivables975M781M984M1.8B1.8B1.3B
Good Will980M1.1B1.1B2.4B2.5B1.5B
Long Term Debt Total1.2B1.4B1.8B2.6B3.0B1.6B
Liabilities And Stockholders Equity4.0B4.1B5.2B8.1B7.6B5.7B
Non Current Liabilities Total1.4B1.7B2.0B4.0B2.9B2.3B
Capital Surpluse1.9B1.9B2.6B2.6B2.9B2.2B
Capital Lease Obligations122M127M106M239M247M154.2M
Inventory58M64M69M163M150M102.7M
Other Current Assets53M77M385M110M122M141.9M
Other Stockholder Equity1.9B1.9B2.6B1.8B2.6B1.9B
Total Liab2.3B2.5B2.8B6.0B4.7B3.6B
Net Invested Capital2.9B3.0B4.1B4.1B4.4B3.6B
Property Plant And Equipment Gross507M462M427M629M865M590.0M
Short Long Term Debt19M18M1M206M5M4.8M
Total Current Assets1.3B1.4B2.6B2.7B2.6B2.2B
Non Current Liabilities Other49M128M160M914M138M254.9M
Net Working Capital519M596M1.8B731M775M829.2M
Short Term Debt46M49M28M279M80M103.6M
Intangible Assets1.1B965M882M1.8B1.6B1.2B

Currently Active Assets on Macroaxis

When determining whether Api GroupCorp is a strong investment it is important to analyze Api GroupCorp'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 Api GroupCorp's future performance. For an informed investment choice regarding Api Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api GroupCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Api Stock please use our How to Invest in Api GroupCorp guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Api GroupCorp's price analysis, check to measure Api GroupCorp'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 Api GroupCorp is operating at the current time. Most of Api GroupCorp's value examination focuses on studying past and present price action to predict the probability of Api GroupCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Api GroupCorp's price. Additionally, you may evaluate how the addition of Api GroupCorp to your portfolios can decrease your overall portfolio volatility.
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Is Api GroupCorp'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 Api GroupCorp. If investors know Api 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 Api GroupCorp 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
1.595
Earnings Share
(2.07)
Revenue Per Share
28.936
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0326
The market value of Api GroupCorp is measured differently than its book value, which is the value of Api that is recorded on the company's balance sheet. Investors also form their own opinion of Api GroupCorp's value that differs from its market value or its book value, called intrinsic value, which is Api GroupCorp'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 Api GroupCorp's market value can be influenced by many factors that don't directly affect Api GroupCorp'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 Api GroupCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Api GroupCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Api GroupCorp'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.