Asia Gross Profit vs Income Before Tax Analysis
APWC Stock | USD 1.48 0.01 0.68% |
Asia Pacific financial indicator trend analysis is way more than just evaluating Asia Pacific Wire prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asia Pacific Wire is a good investment. Please check the relationship between Asia Pacific Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Pacific Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asia Pacific Wire Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Asia Pacific's Gross Profit and Income Before Tax is 0.83. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Asia Pacific Wire, assuming nothing else is changed. The correlation between historical values of Asia Pacific's Gross Profit 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 Gross Profit of Asia Pacific Wire 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 Gross Profit i.e., Asia Pacific's Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Asia Pacific Wire minus its cost of goods sold. It is profit before Asia Pacific operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Asia Pacific income statement and is an important metric when analyzing Asia Pacific Wire 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 Asia Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asia Pacific Wire 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 Asia Pacific Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. At present, Asia Pacific's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.48, whereas Tax Provision is forecasted to decline to about 444.6 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 21.2M | 32.5M | 30.2M | 37.1M | Total Revenue | 476.7M | 433.9M | 425.8M | 377.5M |
Asia Pacific fundamental ratios Correlations
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Asia Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Asia Pacific fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 298.9M | 338.1M | 389.4M | 371.0M | 366.7M | 323.2M | |
Short Long Term Debt Total | 14.2M | 16.1M | 67.9M | 60.3M | 55.8M | 38.8M | |
Other Current Liab | 31.0M | 55.1M | 66.5M | 56.8M | 41.5M | 26.9M | |
Total Current Liabilities | 53.6M | 83.4M | 162.2M | 133.6M | 140.6M | 115.6M | |
Total Stockholder Equity | 153.9M | 157.9M | 147.5M | 151.6M | 157.1M | 136.9M | |
Property Plant And Equipment Net | 45.5M | 57.9M | 57.8M | 54.1M | 52.8M | 42.9M | |
Net Debt | (39.5M) | (36.1M) | 23.4M | 6.3M | 17.9M | 18.7M | |
Retained Earnings | 53.4M | 52.8M | 50.2M | 54.1M | 57.9M | 36.3M | |
Accounts Payable | 10.5M | 17.4M | 32.4M | 29.3M | 41.0M | 30.9M | |
Cash | 53.7M | 52.2M | 44.5M | 54.0M | 38.0M | 44.3M | |
Non Current Assets Total | 59.4M | 74.4M | 77.4M | 71.5M | 71.7M | 55.4M | |
Non Currrent Assets Other | 4.9M | 9.2M | 8.5M | 7.7M | 7.3M | 5.4M | |
Cash And Short Term Investments | 53.7M | 52.2M | 44.8M | 54.1M | 38.3M | 47.5M | |
Net Receivables | 97.2M | 109.5M | 131.6M | 107.8M | 121.9M | 104.2M | |
Liabilities And Stockholders Equity | 298.9M | 338.1M | 389.4M | 371.0M | 366.7M | 320.7M | |
Non Current Liabilities Total | 16.8M | 19.9M | 17.9M | 26.0M | 11.5M | 12.5M | |
Inventory | 85.2M | 96.4M | 128.8M | 130.6M | 128.2M | 83.2M | |
Other Current Assets | 1.5M | 1.5M | 4.4M | 3.7M | 3.9M | 4.3M | |
Other Stockholder Equity | 100.3M | 104.9M | 97.2M | 97.3M | 118.1M | 145.5M | |
Total Liab | 70.5M | 103.2M | 180.1M | 159.6M | 152.0M | 127.7M | |
Property Plant And Equipment Gross | 45.5M | 57.9M | 182.3M | 173.4M | 175.3M | 184.1M | |
Total Current Assets | 239.5M | 263.7M | 312.0M | 299.5M | 295.0M | 246.9M | |
Accumulated Other Comprehensive Income | (10.0M) | (5.5M) | (13.0M) | (20.7M) | (19.1M) | (20.1M) | |
Short Term Debt | 11.9M | 10.7M | 62.7M | 46.2M | 54.4M | 47.7M | |
Intangible Assets | 128K | 180K | 129K | 139K | 124K | 117.8K | |
Other Liab | 12.2M | 14.6M | 14.4M | 12.7M | 14.6M | 15.3M | |
Current Deferred Revenue | 216K | 259K | 612K | 1.3M | 3.7M | 3.5M | |
Other Assets | 6.0M | 7.6M | 13.1M | 15.7M | 18.1M | 19.0M | |
Property Plant Equipment | 41.4M | 45.5M | 57.9M | 57.8M | 52.0M | 41.9M | |
Net Tangible Assets | 149.9M | 153.7M | 157.7M | 147.4M | 169.5M | 164.0M | |
Long Term Investments | 5.0M | 3.2M | 3.8M | 2.4M | 3.7M | 3.3M | |
Short Long Term Debt | 11.4M | 10.1M | 62.1M | 45.6M | 53.7M | 41.1M |
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Is Asia Pacific'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 Asia Pacific. If investors know Asia 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 Asia Pacific 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 (0.19) | Earnings Share 0.19 | Revenue Per Share 20.652 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0026 |
The market value of Asia Pacific Wire is measured differently than its book value, which is the value of Asia that is recorded on the company's balance sheet. Investors also form their own opinion of Asia Pacific's value that differs from its market value or its book value, called intrinsic value, which is Asia Pacific'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 Asia Pacific's market value can be influenced by many factors that don't directly affect Asia Pacific'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 Asia Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asia Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asia Pacific'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.