Itron Enterprise Value vs Income Tax Expense Analysis

ITRI Stock

USD 94.42 0.42 0.44%

Itron financial indicator trend analysis is infinitely more than just investigating Itron Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itron Inc is a good investment. Please check the relationship between Itron Enterprise Value and its Income Tax Expense accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itron Inc Enterprise Value account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Itron's Enterprise Value and Income Tax Expense is 0.11. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Itron Inc, assuming nothing else is changed. The correlation between historical values of Itron's Enterprise Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Itron Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Enterprise Value i.e., Itron's Enterprise Value and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Itron theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Itron Inc debt, but would also pocket its cash. Enterprise Value is more accurate representation of Itron value than its market capitalization because it takes into account all of Itron Inc existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Income Tax Expense

Most indicators from Itron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itron Inc 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 Itron Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of now, Itron's Selling General Administrative is increasing as compared to previous years. The Itron's current Enterprise Value is estimated to increase to about 2.6 B, while Tax Provision is projected to decrease to under 10.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	573.2M	522.2M	695.0M	440.6M
Total Revenue	2.0B	1.8B	2.2B	1.4B

Gross Profit Total Revenue

Itron fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Term Debt	Common Stock Total Equity	Common Stock
Total Assets		0.82	0.52	0.94	0.61	0.81	0.7	-0.74	0.87	0.5	0.99	0.16	0.5	0.79	0.88	0.88	0.69	0.73	0.05	0.92	0.37	0.94	0.43	0.44	0.67	0.87
Short Long Term Debt Total	0.82		0.32	0.81	0.26	0.71	0.98	-0.45	0.81	0.31	0.84	0.18	0.31	0.72	0.49	0.99	0.5	0.65	0.02	0.96	0.23	0.69	0.45	0.43	0.35	0.46
Other Current Liab	0.52	0.32		0.64	0.26	0.53	0.24	-0.54	0.53	0.21	0.41	0.18	0.21	0.67	0.66	0.38	0.41	0.3	0.12	0.47	0.17	0.69	0.52	-0.3	0.33	0.51
Total Current Liabilities	0.94	0.81	0.64		0.44	0.86	0.73	-0.73	0.94	0.33	0.9	0.18	0.33	0.92	0.86	0.87	0.63	0.61	0.06	0.94	0.25	0.94	0.57	0.44	0.54	0.79
Total Stockholder Equity	0.61	0.26	0.26	0.44		0.41	0.12	-0.67	0.35	0.88	0.62	0.02	0.88	0.28	0.69	0.32	0.84	0.74	0.01	0.37	0.79	0.55	-0.02	0.15	0.96	0.75
Property Plant And Equipment Net	0.81	0.71	0.53	0.86	0.41		0.67	-0.6	0.83	0.23	0.78	0.08	0.23	0.89	0.75	0.77	0.48	0.58	0.22	0.82	0.19	0.81	0.7	0.48	0.43	0.62
Net Debt	0.7	0.98	0.24	0.73	0.12	0.67		-0.34	0.76	0.16	0.73	0.15	0.16	0.68	0.35	0.95	0.39	0.54	0.04	0.9	0.12	0.56	0.51	0.44	0.21	0.29
Retained Earnings	-0.74	-0.45	-0.54	-0.73	-0.67	-0.6	-0.34		-0.56	-0.55	-0.72	-0.01	-0.55	-0.57	-0.88	-0.53	-0.68	-0.67	0.11	-0.61	-0.35	-0.72	-0.11	-0.29	-0.8	-0.88
Accounts Payable	0.87	0.81	0.53	0.94	0.35	0.83	0.76	-0.56		0.22	0.83	0.31	0.22	0.92	0.74	0.84	0.58	0.45	0.16	0.9	0.14	0.86	0.65	0.42	0.41	0.65
Cash	0.5	0.31	0.21	0.33	0.88	0.23	0.16	-0.55	0.22		0.49	0.13	1.0	0.17	0.51	0.34	0.87	0.82	-0.15	0.35	0.9	0.48	-0.29	-0.01	0.9	0.57
Non Current Assets Total	0.99	0.84	0.41	0.9	0.62	0.78	0.73	-0.72	0.83	0.49		0.13	0.49	0.72	0.82	0.89	0.65	0.73	0.05	0.92	0.35	0.86	0.4	0.49	0.66	0.84
Non Currrent Assets Other	0.16	0.18	0.18	0.18	0.02	0.08	0.15	-0.01	0.31	0.13	0.13		0.13	0.29	0.16	0.18	0.11	-0.13	0.05	0.19	-0.06	0.21	-0.05	-0.06	0.04	0.1
Cash And Short Term Investments	0.5	0.31	0.21	0.33	0.88	0.23	0.16	-0.55	0.22	1.0	0.49	0.13		0.17	0.51	0.34	0.87	0.82	-0.15	0.35	0.9	0.48	-0.29	-0.01	0.9	0.57
Net Receivables	0.79	0.72	0.67	0.92	0.28	0.89	0.68	-0.57	0.92	0.17	0.72	0.29	0.17		0.76	0.78	0.51	0.45	0.08	0.85	0.14	0.87	0.69	0.36	0.37	0.6
Common Stock Shares Outstanding	0.88	0.49	0.66	0.86	0.69	0.75	0.35	-0.88	0.74	0.51	0.82	0.16	0.51	0.76		0.6	0.68	0.61	0.0	0.7	0.34	0.92	0.33	0.29	0.75	0.96
Non Current Liabilities Total	0.88	0.99	0.38	0.87	0.32	0.77	0.95	-0.53	0.84	0.34	0.89	0.18	0.34	0.78	0.6		0.54	0.68	0.02	0.99	0.25	0.77	0.47	0.46	0.42	0.56
Inventory	0.69	0.5	0.41	0.63	0.84	0.48	0.39	-0.68	0.58	0.87	0.65	0.11	0.87	0.51	0.68	0.54		0.81	-0.04	0.59	0.83	0.69	0.08	0.11	0.9	0.68
Other Current Assets	0.73	0.65	0.3	0.61	0.74	0.58	0.54	-0.67	0.45	0.82	0.73	-0.13	0.82	0.45	0.61	0.68	0.81		-0.22	0.68	0.76	0.65	0.04	0.29	0.82	0.64
Other Stockholder Equity	0.05	0.02	0.12	0.06	0.01	0.22	0.04	0.11	0.16	-0.15	0.05	0.05	-0.15	0.08	0.0	0.02	-0.04	-0.22		0.03	-0.05	0.04	0.43	-0.04	-0.11	-0.05
Total Liab	0.92	0.96	0.47	0.94	0.37	0.82	0.9	-0.61	0.9	0.35	0.92	0.19	0.35	0.85	0.7	0.99	0.59	0.68	0.03		0.26	0.85	0.52	0.47	0.47	0.65
Property Plant And Equipment Gross	0.37	0.23	0.17	0.25	0.79	0.19	0.12	-0.35	0.14	0.9	0.35	-0.06	0.9	0.14	0.34	0.25	0.83	0.76	-0.05	0.26		0.38	-0.15	0.01	0.79	0.38
Total Current Assets	0.94	0.69	0.69	0.94	0.55	0.81	0.56	-0.72	0.86	0.48	0.86	0.21	0.48	0.87	0.92	0.77	0.69	0.65	0.04	0.85	0.38		0.45	0.29	0.62	0.85
Intangible Assets	0.43	0.45	0.52	0.57	-0.02	0.7	0.51	-0.11	0.65	-0.29	0.4	-0.05	-0.29	0.69	0.33	0.47	0.08	0.04	0.43	0.52	-0.15	0.45		0.17	-0.08	0.16
Short Term Debt	0.44	0.43	-0.3	0.44	0.15	0.48	0.44	-0.29	0.42	-0.01	0.49	-0.06	-0.01	0.36	0.29	0.46	0.11	0.29	-0.04	0.47	0.01	0.29	0.17		0.2	0.33
Common Stock Total Equity	0.67	0.35	0.33	0.54	0.96	0.43	0.21	-0.8	0.41	0.9	0.66	0.04	0.9	0.37	0.75	0.42	0.9	0.82	-0.11	0.47	0.79	0.62	-0.08	0.2		0.8
Common Stock	0.87	0.46	0.51	0.79	0.75	0.62	0.29	-0.88	0.65	0.57	0.84	0.1	0.57	0.6	0.96	0.56	0.68	0.64	-0.05	0.65	0.38	0.85	0.16	0.33	0.8

Click cells to compare fundamentals

Itron Account Relationship Matchups

Itron fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.6B	2.4B	2.4B	2.6B	1.6B
Short Long Term Debt Total	1.0B	987.8M	507.5M	515.1M	502.5M	458.4M
Other Current Liab	102.3M	203.0M	99.7M	147.6M	198.5M	117.8M
Total Current Liabilities	671.4M	549.9M	501.3M	498.6M	537.2M	340.4M
Total Stockholder Equity	776.5M	816.5M	1.1B	1.2B	1.3B	1.4B
Property Plant And Equipment Net	313.0M	284.1M	228.7M	192.9M	170.0M	175.1M
Net Debt	851.5M	780.8M	345.0M	313.1M	200.4M	346.7M
Retained Earnings	(376.4M)	(434.3M)	(515.6M)	(525.3M)	(428.4M)	(407.0M)
Accounts Payable	328.1M	215.6M	193.1M	237.2M	199.5M	150.1M
Cash	149.9M	206.9M	162.6M	202.0M	302.0M	317.2M
Non Current Assets Total	1.7B	1.7B	1.6B	1.5B	1.6B	997.7M
Non Currrent Assets Other	41.8M	51.7M	42.2M	39.9M	38.8M	40.1M
Cash And Short Term Investments	149.9M	206.9M	162.6M	202.0M	302.0M	317.2M
Net Receivables	472.9M	369.8M	298.5M	280.4M	303.8M	245.9M
Common Stock Shares Outstanding	40.0M	40.3M	44.3M	45.1M	45.8M	32.4M
Liabilities And Stockholders Equity	2.7B	2.6B	2.4B	2.4B	2.6B	1.6B
Non Current Liabilities Total	1.2B	1.2B	749.7M	688.0M	735.6M	578.6M
Inventory	227.9M	182.4M	165.8M	228.7M	283.7M	297.9M
Other Current Assets	146.5M	171.1M	123.1M	118.4M	159.9M	167.9M
Other Stockholder Equity	24.6M	24.2M	26.7M	(94.7M)	(85.2M)	(80.9M)
Total Liab	1.9B	1.8B	1.3B	1.2B	1.3B	919.0M
Property Plant And Equipment Gross	313.0M	284.1M	228.7M	192.9M	644.1M	676.3M
Total Current Assets	997.3M	930.3M	749.9M	829.6M	1.0B	570.9M
Intangible Assets	185.1M	133.0M	92.5M	64.9M	46.3M	44.0M
Accumulated Other Comprehensive Income	(204.7M)	(138.5M)	(148.1M)	(94.7M)	(81.2M)	(85.2M)
Short Term Debt	141.4M	18.4M	125.7M	18.2M	15.0M	14.2M
Common Stock Total Equity	1.3B	1.4B	1.4B	1.8B	2.0B	2.1B
Common Stock	1.4B	1.4B	1.8B	1.8B	1.8B	1.1B
Other Liab	234.2M	247.5M	242.1M	191.1M	219.7M	156.2M
Other Assets	108.6M	204.1M	223.7M	251.9M	1.0	0.95
Long Term Debt	932.5M	902.6M	450.2M	452.5M	454.8M	542.3M
Property Plant Equipment	233.2M	207.8M	228.7M	192.9M	221.9M	203.8M
Current Deferred Revenue	99.6M	112.9M	82.8M	95.6M	124.2M	130.4M
Good Will	1.1B	1.1B	1.1B	1.0B	1.1B	798.4M
Net Tangible Assets	(512.5M)	(448.3M)	(75.4M)	64.8M	58.3M	61.2M
Noncontrolling Interest In Consolidated Entity	21.4M	24.3M	23.7M	26.7M	30.7M	18.7M
Retained Earnings Total Equity	(425.4M)	(376.4M)	(434.3M)	(515.6M)	(464.0M)	(487.2M)
Long Term Debt Total	988.2M	932.5M	902.6M	450.2M	517.8M	585.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's 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 Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:

How To Invest In Itron

Details

Is Itron Stock a good investment?

Details

What is Itron's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

View

Largest Scientific & Technical Instruments Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Itron Stock analysis

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

	AI Investment Finder Use AI to screen and filter profitable investment opportunities
	Commodity Directory Find actively traded commodities issued by global exchanges
	Global Correlations Find global opportunities by holding instruments from different markets
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals

Is Itron'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 Itron. If investors know Itron 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 Itron 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

0.969

Earnings Share

2.11

Revenue Per Share

47.855

Quarterly Revenue Growth

0.235

Return On Assets

0.0429

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

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

Itron Enterprise Value vs Income Tax Expense Analysis

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Enterprise Value

Income Tax Expense

Itron fundamental ratios Correlations

Itron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Itron fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Itron Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.96	Short Long Term Debt Total

Common Stock	- 0.88	Retained Earnings
Common Stock Shares Outstanding	- 0.88	Retained Earnings
Common Stock Total Equity	- 0.8	Retained Earnings
Retained Earnings	- 0.74	Total Assets
Retained Earnings	- 0.73	Total Current Liabilities
Total Current Assets	- 0.72	Retained Earnings