Jefferies Income Tax Expense vs Operating Income Analysis

JEF Stock

USD 42.17 0.65 1.57%

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

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

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

The correlation between Jefferies Financial's Income Tax Expense and Operating Income is 0.17. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Jefferies Financial Group, assuming nothing else is changed. The correlation between historical values of Jefferies Financial's Income Tax Expense and Operating Income 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 Tax Expense of Jefferies Financial Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Tax Expense i.e., Jefferies Financial's Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Jefferies Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Jefferies Financial Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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

At this time, Jefferies Financial's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Jefferies Financial's current Enterprise Value Multiple is estimated to increase to 18.84, while Tax Provision is projected to decrease to roughly 87.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.8B	2.6B	4.0B	4.2B
Total Revenue	8.2B	7.1B	7.4B	3.8B

Gross Profit Total Revenue

Jefferies Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Short Term Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Total Current Assets	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Property Plant Equipment	Preferred Stock Total Equity
Total Assets		0.64	0.47	0.32	0.67	0.62	0.25	0.19	0.76	0.14	0.99	0.23	0.56	0.34	0.85	0.47	0.47	0.19	0.75	0.08	0.24	0.69	0.66	0.19	-0.25	0.77
Short Long Term Debt Total	0.64		0.54	0.85	0.14	0.27	-0.25	0.61	0.13	0.67	0.63	0.59	0.8	0.77	0.34	0.24	0.63	0.56	0.58	0.49	0.73	0.34	0.53	0.57	-0.09	0.87
Total Stockholder Equity	0.47	0.54		0.6	0.02	0.33	0.14	0.58	0.0	0.48	0.46	0.55	0.73	0.67	0.28	-0.16	0.59	0.58	0.32	0.46	0.57	0.36	0.26	0.51	-0.14	0.78
Net Debt	0.32	0.85	0.6		-0.36	0.02	-0.25	0.87	-0.31	0.8	0.31	0.67	0.87	0.91	-0.11	-0.13	0.74	0.85	0.39	0.82	0.86	0.25	0.34	0.83	-0.07	0.69
Retained Earnings	0.67	0.14	0.02	-0.36		0.61	0.27	-0.53	0.92	-0.39	0.69	-0.19	-0.12	-0.32	0.91	0.67	-0.23	-0.52	0.34	-0.64	-0.37	0.27	0.43	-0.54	-0.06	0.35
Non Current Assets Total	0.62	0.27	0.33	0.02	0.61		0.67	-0.15	0.56	-0.19	0.68	0.43	0.33	0.22	0.73	0.41	-0.17	-0.22	-0.05	-0.22	0.11	0.04	0.27	-0.32	-0.43	0.42
Non Currrent Assets Other	0.25	-0.25	0.14	-0.25	0.27	0.67		-0.16	0.3	-0.35	0.32	0.3	0.12	-0.08	0.33	-0.05	-0.2	-0.13	-0.24	-0.11	-0.15	0.04	0.08	-0.26	-0.49	0.0
Common Stock Shares Outstanding	0.19	0.61	0.58	0.87	-0.53	-0.15	-0.16		-0.44	0.82	0.16	0.59	0.8	0.83	-0.26	-0.43	0.84	0.92	0.37	0.97	0.81	0.35	0.21	0.93	-0.16	0.49
Non Current Liabilities Total	0.76	0.13	0.0	-0.31	0.92	0.56	0.3	-0.44		-0.38	0.76	-0.29	-0.11	-0.32	0.88	0.64	-0.12	-0.38	0.5	-0.52	-0.37	0.44	0.5	-0.43	-0.04	0.33
Other Stockholder Equity	0.14	0.67	0.48	0.8	-0.39	-0.19	-0.35	0.82	-0.38		0.11	0.52	0.66	0.71	-0.19	-0.22	0.65	0.77	0.33	0.76	0.68	0.18	0.12	0.73	0.07	0.53
Total Liab	0.99	0.63	0.46	0.31	0.69	0.68	0.32	0.16	0.76	0.11		0.28	0.56	0.33	0.86	0.48	0.41	0.16	0.69	0.05	0.24	0.64	0.66	0.14	-0.29	0.77
Other Current Liab	0.23	0.59	0.55	0.67	-0.19	0.43	0.3	0.59	-0.29	0.52	0.28		0.81	0.77	0.06	-0.29	0.37	0.47	-0.07	0.53	0.82	-0.13	0.11	0.47	-0.56	0.57
Total Current Liabilities	0.56	0.8	0.73	0.87	-0.12	0.33	0.12	0.8	-0.11	0.66	0.56	0.81		0.92	0.2	-0.09	0.78	0.74	0.43	0.73	0.85	0.42	0.37	0.76	-0.38	0.77
Short Term Debt	0.34	0.77	0.67	0.91	-0.32	0.22	-0.08	0.83	-0.32	0.71	0.33	0.77	0.92		0.01	-0.18	0.71	0.7	0.25	0.76	0.92	0.19	0.22	0.76	-0.32	0.63
Cash	0.85	0.34	0.28	-0.11	0.91	0.73	0.33	-0.26	0.88	-0.19	0.86	0.06	0.2	0.01		0.56	0.05	-0.32	0.47	-0.4	-0.05	0.41	0.46	-0.27	-0.29	0.55
Other Assets	0.47	0.24	-0.16	-0.13	0.67	0.41	-0.05	-0.43	0.64	-0.22	0.48	-0.29	-0.09	-0.18	0.56		-0.23	-0.35	0.25	-0.46	-0.36	0.3	0.32	-0.44	0.32	0.18
Cash And Short Term Investments	0.47	0.63	0.59	0.74	-0.23	-0.17	-0.2	0.84	-0.12	0.65	0.41	0.37	0.78	0.71	0.05	-0.23		0.81	0.73	0.79	0.66	0.69	0.39	0.93	-0.19	0.6
Common Stock Total Equity	0.19	0.56	0.58	0.85	-0.52	-0.22	-0.13	0.92	-0.38	0.77	0.16	0.47	0.74	0.7	-0.32	-0.35	0.81		0.42	0.94	0.65	0.42	0.26	0.9	0.05	0.5
Total Current Assets	0.75	0.58	0.32	0.39	0.34	-0.05	-0.24	0.37	0.5	0.33	0.69	-0.07	0.43	0.25	0.47	0.25	0.73	0.42		0.28	0.21	0.84	0.61	0.5	0.04	0.63
Common Stock	0.08	0.49	0.46	0.82	-0.64	-0.22	-0.11	0.97	-0.52	0.76	0.05	0.53	0.73	0.76	-0.4	-0.46	0.79	0.94	0.28		0.72	0.31	0.13	0.92	-0.09	0.34
Other Liab	0.24	0.73	0.57	0.86	-0.37	0.11	-0.15	0.81	-0.37	0.68	0.24	0.82	0.85	0.92	-0.05	-0.36	0.66	0.65	0.21	0.72		0.04	0.13	0.76	-0.47	0.59
Accounts Payable	0.69	0.34	0.36	0.25	0.27	0.04	0.04	0.35	0.44	0.18	0.64	-0.13	0.42	0.19	0.41	0.3	0.69	0.42	0.84	0.31	0.04		0.49	0.44	0.06	0.43
Long Term Debt	0.66	0.53	0.26	0.34	0.43	0.27	0.08	0.21	0.5	0.12	0.66	0.11	0.37	0.22	0.46	0.32	0.39	0.26	0.61	0.13	0.13	0.49		0.23	-0.1	0.58
Short Term Investments	0.19	0.57	0.51	0.83	-0.54	-0.32	-0.26	0.93	-0.43	0.73	0.14	0.47	0.76	0.76	-0.27	-0.44	0.93	0.9	0.5	0.92	0.76	0.44	0.23		-0.17	0.45
Property Plant Equipment	-0.25	-0.09	-0.14	-0.07	-0.06	-0.43	-0.49	-0.16	-0.04	0.07	-0.29	-0.56	-0.38	-0.32	-0.29	0.32	-0.19	0.05	0.04	-0.09	-0.47	0.06	-0.1	-0.17		-0.14
Preferred Stock Total Equity	0.77	0.87	0.78	0.69	0.35	0.42	0.0	0.49	0.33	0.53	0.77	0.57	0.77	0.63	0.55	0.18	0.6	0.5	0.63	0.34	0.59	0.43	0.58	0.45	-0.14

Click cells to compare fundamentals

Jefferies Financial Account Relationship Matchups

Jefferies Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.5B	53.1B	60.4B	51.1B	57.9B	60.8B
Short Long Term Debt Total	17.9B	19.8B	19.9B	11.2B	16.1B	16.9B
Total Stockholder Equity	9.7B	9.5B	10.7B	10.4B	9.7B	5.0B
Net Debt	10.2B	10.8B	9.1B	1.5B	7.6B	4.6B
Retained Earnings	5.9B	6.5B	7.9B	8.4B	7.8B	8.2B
Non Current Assets Total	16.7B	35.2B	39.0B	22.7B	24.3B	25.5B
Non Currrent Assets Other	2.0B	2.2B	2.4B	3.6B	2.4B	3.0B
Common Stock Shares Outstanding	317.0M	290.5M	271.5M	255.6M	236.6M	251.3M
Liabilities And Stockholders Equity	49.5B	53.1B	60.4B	51.1B	57.9B	60.8B
Non Current Liabilities Total	12.9B	24.1B	27.4B	31.3B	35.7B	37.5B
Other Stockholder Equity	3.6B	2.9B	2.7B	2.0B	2.0B	1.6B
Total Liab	39.7B	43.5B	49.7B	40.6B	48.1B	50.5B
Other Current Liab	10.5B	10.4B	5.1B	2.5B	1.2B	1.1B
Total Current Liabilities	26.8B	19.5B	22.3B	9.3B	12.4B	10.6B
Short Term Debt	8.1B	9.1B	8.7B	528.4M	989.7M	940.2M
Cash	7.7B	9.1B	10.8B	9.7B	8.5B	9.0B
Other Assets	3.1B	2.7B	62.2B	1.0B	45.1B	47.3B
Cash And Short Term Investments	24.6B	9.1B	10.8B	9.7B	8.5B	8.6B
Common Stock Total Equity	356.2M	307.5M	291.6M	249.8M	287.2M	244.0M
Total Current Assets	32.8B	18.0B	21.4B	28.3B	33.6B	35.3B
Common Stock	291.6M	249.8M	243.5M	226.1M	210.6M	244.6M
Other Liab	8.1B	10.4B	3.2B	27M	31.1M	29.5M
Accounts Payable	8.2B	109.2M	8.4B	6.2B	7.7B	8.1B
Long Term Debt	11.5B	8.4B	9.1B	10.1B	14.6B	15.3B
Short Term Investments	16.9B	5.1B	1.0B	957.3M	1.4B	1.3B
Property Plant Equipment	34.2M	42.0M	911.2M	906.9M	1.0B	673.2M
Net Receivables	7.4B	8.3B	9.6B	3.6B	4.7B	3.7B
Other Current Assets	(21.9B)	29.8M	(16.4B)	15.1B	(14.7B)	(13.9B)
Accumulated Other Comprehensive Income	(273.0M)	(288.9M)	(372.1M)	(379.4M)	(395.5M)	(375.8M)
Intangible Assets	183.0M	167.2M	152.4M	139.5M	160.4M	152.4M
Property Plant And Equipment Net	385M	897.2M	911.2M	906.9M	1.1B	755.1M
Good Will	1.7B	1.7B	1.7B	1.7B	1.8B	1.0B
Inventory	22.7B	287.8M	17.5B	35.0B	40.3B	42.3B
Net Tangible Assets	7.7B	7.6B	8.5B	8.4B	9.6B	8.1B

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When determining whether Jefferies Financial is a strong investment it is important to analyze Jefferies Financial'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 Jefferies Financial's future performance. For an informed investment choice regarding Jefferies Stock, refer to the following important reports:

How To Invest In Jefferies

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Is Jefferies Stock a good investment?

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What is Jefferies Financial's Net Worth?

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

Note that the Jefferies Financial information on this page should be used as a complementary analysis to other Jefferies Financial's 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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

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Is Jefferies Financial'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 Jefferies Financial. If investors know Jefferies 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 Jefferies Financial 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

0.212

Dividend Share

1.2

Earnings Share

1.25

Revenue Per Share

22.626

Quarterly Revenue Growth

0.354

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

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Jefferies Income Tax Expense vs Operating Income Analysis

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Income Tax Expense

Operating Income

Jefferies Financial fundamental ratios Correlations

Jefferies Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jefferies Financial fundamental ratios Accounts

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

Complementary Tools for Jefferies Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Common Stock	+ 0.97	Common Stock Shares Outstanding
Common Stock	+ 0.94	Common Stock Total Equity
Short Term Investments	+ 0.93	Common Stock Shares Outstanding
Short Term Investments	+ 0.93	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.92	Retained Earnings

Common Stock	- 0.64	Retained Earnings
Property Plant Equipment	- 0.56	Other Current Liab
Short Term Investments	- 0.54	Retained Earnings
Common Stock Shares Outstanding	- 0.53	Retained Earnings
Common Stock	- 0.52	Non Current Liabilities Total
Common Stock Total Equity	- 0.52	Retained Earnings