NetSuite Earnings before Tax vs Enterprise Value Analysis

NetSuite financial indicator trend analysis is infinitely more than just investigating NetSuite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSuite is a good investment. Please check the relationship between NetSuite Earnings before Tax and its Enterprise Value accounts. See also Stocks Correlation.

Earnings before Tax vs Enterprise Value

Accounts Relationship

Earnings before Tax vs Enterprise Value

Significance: Almost No Relationship

Earnings before Tax diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of NetSuite Earnings before Tax account and Enterprise Value

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

Enterprise Value

Enterprise Value (or EV) is usually referred to as NetSuite theoretical takeover price. In the event of an acquisition, an acquirer would have to take on NetSuite debt, but would also pocket its cash. Enterprise Value is more accurate representation of NetSuite value than its market capitalization because it takes into account all of NetSuite existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].
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