Industrial Tax Provision vs Income Before Tax Analysis

ILPT Stock

USD 3.80 0.05 1.30%

Industrial Logistics financial indicator trend analysis is infinitely more than just investigating Industrial Logistics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Logistics is a good investment. Please check the relationship between Industrial Logistics Tax Provision and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Logistics Properties. 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.

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial Logistics Tax Provision account and Income Before Tax. At this time, the significance of the direction appears to have no relationship.

The correlation between Industrial Logistics' Tax Provision and Income Before Tax is 0.05. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Industrial Logistics Properties, assuming nothing else is changed. The correlation between historical values of Industrial Logistics' Tax Provision 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 Tax Provision of Industrial Logistics Properties 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 Tax Provision i.e., Industrial Logistics' Tax Provision and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Industrial Logistics income statement and is an important metric when analyzing Industrial Logistics 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 Industrial Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Logistics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Logistics Properties. 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.

At this time, Industrial Logistics' Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 17.22 in 2024, whereas Selling General Administrative is likely to drop slightly above 20 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	832K	2.7M	7.9M	8.3M
Tax Provision	273K	45K	104K	126.4K

Interest Income Tax Provision

Industrial Logistics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.89	-0.26	-0.11	-0.62	-0.71	-0.77	0.96	-0.87	0.89	0.89	0.76	1.0	1.0	-0.16	0.89	0.76	0.93	0.2	0.89	-0.6	0.89	0.8	0.82	0.06	0.82
Short Long Term Debt Total	0.89		-0.37	-0.02	-0.75	-0.76	-0.82	0.82	-0.93	1.0	0.99	0.92	0.89	0.89	-0.16	0.99	0.92	0.89	0.6	0.99	-0.72	1.0	0.91	0.95	0.24	0.97
Other Current Liab	-0.26	-0.37		-0.36	0.45	0.52	0.43	-0.06	0.07	-0.36	-0.27	-0.58	-0.25	-0.26	-0.53	-0.36	-0.58	-0.52	-0.18	-0.32	0.65	-0.37	-0.07	-0.17	-0.34	-0.37
Total Current Liabilities	-0.11	-0.02	-0.36		-0.63	0.27	-0.49	-0.23	0.25	-0.02	-0.15	0.0	-0.12	-0.11	0.15	-0.11	0.0	0.07	-0.15	-0.15	-0.59	-0.02	-0.22	-0.22	0.95	-0.1
Total Stockholder Equity	-0.62	-0.75	0.45	-0.63		0.43	0.97	-0.47	0.56	-0.75	-0.65	-0.7	-0.61	-0.62	-0.03	-0.67	-0.7	-0.75	-0.33	-0.66	0.95	-0.75	-0.53	-0.58	-0.79	-0.68
Other Liab	-0.71	-0.76	0.52	0.27	0.43		0.53	-0.54	0.72	-0.75	-0.78	-0.84	-0.7	-0.71	-0.26	-0.78	-0.84	-0.82	-0.45	-0.78	0.54	-0.76	-0.59	-0.7	0.11	-0.82
Net Tangible Assets	-0.77	-0.82	0.43	-0.49	0.97	0.53		-0.63	0.66	-0.82	-0.74	-0.74	-0.76	-0.77	-0.03	-0.75	-0.74	-0.85	-0.27	-0.75	0.93	-0.82	-0.6	-0.65	-0.65	-0.74
Property Plant And Equipment Net	0.96	0.82	-0.06	-0.23	-0.47	-0.54	-0.63		-0.86	0.82	0.84	0.61	0.96	0.96	-0.35	0.84	0.61	0.78	0.17	0.84	-0.42	0.82	0.83	0.79	-0.05	0.72
Current Deferred Revenue	-0.87	-0.93	0.07	0.25	0.56	0.72	0.66	-0.86		-0.93	-0.97	-0.78	-0.87	-0.87	0.35	-0.94	-0.78	-0.77	-0.56	-0.95	0.47	-0.93	-0.94	-0.95	-0.04	-0.91
Net Debt	0.89	1.0	-0.36	-0.02	-0.75	-0.75	-0.82	0.82	-0.93		0.99	0.92	0.89	0.89	-0.17	0.99	0.92	0.88	0.6	0.99	-0.71	1.0	0.91	0.95	0.24	0.97
Accounts Payable	0.89	0.99	-0.27	-0.15	-0.65	-0.78	-0.74	0.84	-0.97	0.99		0.89	0.89	0.89	-0.22	0.99	0.89	0.85	0.61	0.99	-0.61	0.99	0.93	0.97	0.12	0.97
Cash	0.76	0.92	-0.58	0.0	-0.7	-0.84	-0.74	0.61	-0.78	0.92	0.89		0.75	0.75	0.05	0.92	1.0	0.87	0.64	0.91	-0.73	0.92	0.79	0.88	0.23	0.97
Non Current Assets Total	1.0	0.89	-0.25	-0.12	-0.61	-0.7	-0.76	0.96	-0.87	0.89	0.89	0.75		1.0	-0.16	0.89	0.75	0.92	0.2	0.89	-0.6	0.89	0.81	0.82	0.05	0.81
Non Currrent Assets Other	1.0	0.89	-0.26	-0.11	-0.62	-0.71	-0.77	0.96	-0.87	0.89	0.89	0.75	1.0		-0.15	0.89	0.75	0.93	0.2	0.89	-0.61	0.89	0.8	0.82	0.06	0.81
Other Assets	-0.16	-0.16	-0.53	0.15	-0.03	-0.26	-0.03	-0.35	0.35	-0.17	-0.22	0.05	-0.16	-0.15		-0.19	0.05	0.13	-0.12	-0.18	-0.3	-0.16	-0.52	-0.34	-0.01	-0.13
Long Term Debt	0.89	0.99	-0.36	-0.11	-0.67	-0.78	-0.75	0.84	-0.94	0.99	0.99	0.92	0.89	0.89	-0.19		0.92	0.87	0.6	1.0	-0.65	0.99	0.93	0.96	0.15	0.97
Cash And Short Term Investments	0.76	0.92	-0.58	0.0	-0.7	-0.84	-0.74	0.61	-0.78	0.92	0.89	1.0	0.75	0.75	0.05	0.92		0.87	0.64	0.91	-0.73	0.92	0.79	0.88	0.23	0.97
Net Receivables	0.93	0.89	-0.52	0.07	-0.75	-0.82	-0.85	0.78	-0.77	0.88	0.85	0.87	0.92	0.93	0.13	0.87	0.87		0.25	0.87	-0.79	0.89	0.68	0.76	0.21	0.85
Common Stock Shares Outstanding	0.2	0.6	-0.18	-0.15	-0.33	-0.45	-0.27	0.17	-0.56	0.6	0.61	0.64	0.2	0.2	-0.12	0.6	0.64	0.25		0.62	-0.31	0.6	0.62	0.68	0.12	0.68
Non Current Liabilities Total	0.89	0.99	-0.32	-0.15	-0.66	-0.78	-0.75	0.84	-0.95	0.99	0.99	0.91	0.89	0.89	-0.18	1.0	0.91	0.87	0.62		-0.64	0.99	0.93	0.97	0.12	0.97
Other Stockholder Equity	-0.6	-0.72	0.65	-0.59	0.95	0.54	0.93	-0.42	0.47	-0.71	-0.61	-0.73	-0.6	-0.61	-0.3	-0.65	-0.73	-0.79	-0.31	-0.64		-0.72	-0.41	-0.5	-0.7	-0.65
Total Liab	0.89	1.0	-0.37	-0.02	-0.75	-0.76	-0.82	0.82	-0.93	1.0	0.99	0.92	0.89	0.89	-0.16	0.99	0.92	0.89	0.6	0.99	-0.72		0.91	0.95	0.24	0.97
Deferred Long Term Liab	0.8	0.91	-0.07	-0.22	-0.53	-0.59	-0.6	0.83	-0.94	0.91	0.93	0.79	0.81	0.8	-0.52	0.93	0.79	0.68	0.62	0.93	-0.41	0.91		0.98	0.08	0.9
Property Plant And Equipment Gross	0.82	0.95	-0.17	-0.22	-0.58	-0.7	-0.65	0.79	-0.95	0.95	0.97	0.88	0.82	0.82	-0.34	0.96	0.88	0.76	0.68	0.97	-0.5	0.95	0.98		0.07	0.97
Short Long Term Debt	0.06	0.24	-0.34	0.95	-0.79	0.11	-0.65	-0.05	-0.04	0.24	0.12	0.23	0.05	0.06	-0.01	0.15	0.23	0.21	0.12	0.12	-0.7	0.24	0.08	0.07		0.17
Total Current Assets	0.82	0.97	-0.37	-0.1	-0.68	-0.82	-0.74	0.72	-0.91	0.97	0.97	0.97	0.81	0.81	-0.13	0.97	0.97	0.85	0.68	0.97	-0.65	0.97	0.9	0.97	0.17

Click cells to compare fundamentals

Industrial Logistics Account Relationship Matchups

Industrial Logistics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	1.9B	1.9B	5.7B	5.6B	2.9B
Short Long Term Debt Total	1.4B	881.2M	840.6M	4.3B	4.3B	4.5B
Other Current Liab	2.5M	2.3M	2.2M	4.8M	5.0M	3.5M
Total Current Liabilities	338.4M	245.8M	208.9M	78.4M	77.4M	73.5M
Total Stockholder Equity	995.7M	1.0B	1.0B	790.7M	670.0M	776.5M
Other Liab	36.1M	31.3M	26.1M	27.3M	24.6M	26.1M
Net Tangible Assets	985.3M	919.5M	974.6M	493.3M	444.0M	755.2M
Property Plant And Equipment Net	138.6M	83.6M	63.4M	297.4M	243.5M	143.2M
Current Deferred Revenue	9.4M	7.8M	8.4M	(22.4M)	(21.0M)	(19.9M)
Net Debt	1.4B	858.4M	811.2M	4.2B	4.2B	4.4B
Accounts Payable	16.5M	14.7M	16.3M	73.5M	72.5M	76.1M
Cash	28.4M	22.8M	29.4M	48.3M	112.3M	118.0M
Non Current Assets Total	2.4B	1.8B	1.8B	5.4B	5.2B	2.7B
Non Currrent Assets Other	2.1B	1.7B	1.6B	5.0B	4.8B	2.5B
Other Assets	141.1M	1.9B	1.7B	(31.8M)	(36.6M)	(34.8M)
Long Term Debt	1.4B	645.6M	646.1M	4.2B	4.3B	4.5B
Cash And Short Term Investments	28.4M	22.8M	29.4M	48.3M	112.3M	118.0M
Net Receivables	64.3M	72.2M	75.9M	107.0M	119.2M	77.9M
Common Stock Shares Outstanding	65.1M	65.1M	65.2M	65.2M	65.4M	71.5M
Liabilities And Stockholders Equity	2.5B	1.9B	1.9B	5.7B	5.6B	2.9B
Non Current Liabilities Total	1.1B	666.7M	661.7M	4.3B	4.3B	4.5B
Other Stockholder Equity	852.9M	778.3M	693.5M	651.0M	649.9M	703.4M
Total Liab	1.5B	912.6M	870.5M	4.3B	4.4B	4.6B
Deferred Long Term Liab	137.7M	6.1M	9.7M	281.7M	324.0M	340.2M
Property Plant And Equipment Gross	138.6M	83.6M	63.4M	297.4M	383.2M	402.4M
Short Long Term Debt	413M	310M	221M	182M	209.3M	315.0M
Total Current Assets	98.8M	95.0M	105.3M	247.8M	364.9M	383.1M
Accumulated Other Comprehensive Income	(4.3M)	(8.3M)	0.0	21.9M	10.2M	10.7M
Short Term Debt	310M	221M	182M	22.4M	21.0M	19.9M
Intangible Assets	138.6M	8.9M	7.5M	15.7M	12.9M	12.2M
Common Stock	652K	653K	654K	656K	658K	625.1K
Property Plant Equipment	2.2B	1.7B	1.6B	4.9B	5.6B	5.9B
Capital Lease Obligations	17.5M	14.6M	12.4M	22.5M	18.5M	14.7M
Non Current Liabilities Other	6.7M	22.4M	20.8M	22.5M	25.9M	14.1M
Retained Earnings	142.2M	224.2M	343.9M	117.2M	9.2M	8.7M
Common Stock Total Equity	652K	653K	654K	656K	754.4K	681.3K
Net Invested Capital	2.4B	1.9B	1.9B	5.0B	5.0B	3.0B
Net Working Capital	(239.6M)	(150.8M)	(103.6M)	169.4M	287.5M	301.8M
Retained Earnings Total Equity	(4.3M)	(8.3M)	25.2M	(246.0M)	(221.4M)	(210.4M)
Long Term Debt Total	1.4B	645.6M	646.1M	4.2B	4.9B	5.1B

Pair Trading with Industrial Logistics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Industrial Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Industrial Logistics will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Industrial Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Industrial Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Industrial Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Industrial Logistics Properties to buy it.

The correlation of Industrial Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Industrial Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Industrial Logistics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Industrial Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Industrial Logistics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Industrial Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Industrial Logistics Properties Stock. Highlighted below are key reports to facilitate an investment decision about Industrial Logistics Properties Stock:

How To Invest In Industrial

Details

Is Industrial Stock a good investment?

Details

What is Industrial Logistics' Net Worth?

Details

Largest Diversified REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Logistics Properties. 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.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Industrial Stock analysis

When running Industrial Logistics' price analysis, check to measure Industrial Logistics' 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 Industrial Logistics is operating at the current time. Most of Industrial Logistics' value examination focuses on studying past and present price action to predict the probability of Industrial Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Industrial Logistics' price. Additionally, you may evaluate how the addition of Industrial Logistics to your portfolios can decrease your overall portfolio volatility.

	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Stocks Directory Find actively traded stocks across global markets
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account

Is Industrial Logistics' 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 Industrial Logistics. If investors know Industrial 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 Industrial Logistics 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

0.565

Dividend Share

0.04

Earnings Share

(1.63)

Revenue Per Share

6.708

Quarterly Revenue Growth

0.018

The market value of Industrial Logistics is measured differently than its book value, which is the value of Industrial that is recorded on the company's balance sheet. Investors also form their own opinion of Industrial Logistics' value that differs from its market value or its book value, called intrinsic value, which is Industrial Logistics' 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 Industrial Logistics' market value can be influenced by many factors that don't directly affect Industrial Logistics' 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 Industrial Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Industrial Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Industrial Logistics' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Industrial Tax Provision vs Income Before Tax Analysis

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

Correlation Coefficient

Tax Provision

Income Before Tax

Industrial Logistics fundamental ratios Correlations

Industrial Logistics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Industrial Logistics fundamental ratios Accounts

Pair Trading with Industrial Logistics

Complementary Tools for Industrial Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Accounts Payable	- 0.97	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.95	Current Deferred Revenue
Non Current Liabilities Total	- 0.95	Current Deferred Revenue
Deferred Long Term Liab	- 0.94	Current Deferred Revenue
Long Term Debt	- 0.94	Current Deferred Revenue
Total Liab	- 0.93	Current Deferred Revenue