Stem Net Income From Continuing Ops vs Income Before Tax Analysis

STEM Stock  USD 1.11  0.08  6.72%   
Stem financial indicator trend analysis is much more than just breaking down Stem Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stem Inc is a good investment. Please check the relationship between Stem Net Income From Continuing Ops and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stem Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stem Inc Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have no relationship.
The correlation between Stem's Net Income From Continuing Ops and Income Before Tax is 0.07. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Stem Inc, assuming nothing else is changed. The correlation between historical values of Stem's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Stem Inc 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 Net Income From Continuing Ops i.e., Stem's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Stem income statement and is an important metric when analyzing Stem Inc 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 Stem's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stem 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stem Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
As of the 15th of June 2024, Tax Provision is likely to grow to about 413.7 K, while Selling General Administrative is likely to drop about 40.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses84.3M164.2M165.3M110.9M
Cost Of Revenue126.1M329.9M462.8M485.9M

Stem fundamental ratios Correlations

0.910.950.860.930.850.930.43-0.920.940.610.850.860.860.660.820.940.980.950.770.810.990.960.740.890.08
0.910.90.840.780.970.940.67-0.970.890.470.960.980.970.450.970.980.930.980.770.670.880.920.80.750.15
0.950.90.960.790.880.830.62-0.930.980.380.910.890.860.440.860.880.970.890.730.610.920.990.880.730.24
0.860.840.960.610.830.70.66-0.920.920.260.870.820.770.310.80.770.920.80.790.460.820.960.950.60.49
0.930.780.790.610.70.930.17-0.750.790.770.680.730.760.810.670.880.850.880.590.920.940.80.440.95-0.22
0.850.970.880.830.70.880.8-0.920.90.280.991.00.990.261.00.940.880.930.640.520.810.880.810.610.09
0.930.940.830.70.930.880.43-0.880.840.670.850.90.920.660.870.990.890.980.680.850.930.850.590.88-0.11
0.430.670.620.660.170.80.43-0.610.66-0.340.820.780.75-0.350.820.550.530.530.3-0.080.360.580.760.030.21
-0.92-0.97-0.93-0.92-0.75-0.92-0.88-0.61-0.89-0.5-0.92-0.91-0.88-0.49-0.9-0.93-0.95-0.95-0.87-0.67-0.9-0.96-0.87-0.77-0.36
0.940.890.980.920.790.90.840.66-0.890.320.920.910.890.380.880.880.970.880.670.560.890.960.860.680.12
0.610.470.380.260.770.280.67-0.34-0.50.320.230.310.330.980.260.590.520.620.60.930.660.450.090.9-0.06
0.850.960.910.870.680.990.850.82-0.920.920.230.990.970.240.990.910.890.910.630.480.810.90.850.580.16
0.860.980.890.820.731.00.90.78-0.910.910.310.990.990.31.00.950.890.940.640.550.830.880.790.630.06
0.860.970.860.770.760.990.920.75-0.880.890.330.970.990.320.990.960.870.940.60.570.820.850.740.64-0.04
0.660.450.440.310.810.260.66-0.35-0.490.380.980.240.30.320.240.580.550.60.570.930.710.490.10.92-0.08
0.820.970.860.80.671.00.870.82-0.90.880.260.991.00.990.240.930.860.920.640.50.780.850.80.580.09
0.940.980.880.770.880.940.990.55-0.930.880.590.910.950.960.580.930.921.00.720.780.930.890.690.840.0
0.980.930.970.920.850.880.890.53-0.950.970.520.890.890.870.550.860.920.940.820.710.950.990.850.820.2
0.950.980.890.80.880.930.980.53-0.950.880.620.910.940.940.60.921.00.940.770.790.940.910.710.860.07
0.770.770.730.790.590.640.680.3-0.870.670.60.630.640.60.570.640.720.820.770.660.770.820.780.730.55
0.810.670.610.460.920.520.85-0.08-0.670.560.930.480.550.570.930.50.780.710.790.660.860.660.280.97-0.13
0.990.880.920.820.940.810.930.36-0.90.890.660.810.830.820.710.780.930.950.940.770.860.940.680.910.06
0.960.920.990.960.80.880.850.58-0.960.960.450.90.880.850.490.850.890.990.910.820.660.940.890.770.29
0.740.80.880.950.440.810.590.76-0.870.860.090.850.790.740.10.80.690.850.710.780.280.680.890.430.55
0.890.750.730.60.950.610.880.03-0.770.680.90.580.630.640.920.580.840.820.860.730.970.910.770.43-0.01
0.080.150.240.49-0.220.09-0.110.21-0.360.12-0.060.160.06-0.04-0.080.090.00.20.070.55-0.130.060.290.55-0.01
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Stem Account Relationship Matchups

Stem fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets253.0K205.9M1.2B1.4B1.4B765.8M
Short Long Term Debt Total57.3K106.3M330.4M460.5M603.9M634.1M
Other Current Liab189.3K38.2M49.3M116.3M101.0M56.0M
Total Current Liabilities246.6K190.5M88.0M267.0M251.1M146.2M
Total Stockholder Equity6.5K(177.4M)667.8M551.6M426.2M269.2M
Other Liab15.5M19.6M32.4M78.4M90.1M94.7M
Net Tangible Assets(268.1M)(411.8M)652.1M551.6M634.4M666.1M
Net Debt(12.8M)99.3M(417.4M)372.6M498.5M523.5M
Retained Earnings(18.6K)(407.8M)(509.1M)(632.1M)(772.5M)(733.9M)
Accounts Payable12.7M13.7M28.3M83.8M78.3M39.8M
Cash12.9M6.9M747.8M87.9M105.4M176.2M
Non Current Assets Total251.4K156.6M168.0M889.1M904.6M949.8M
Non Currrent Assets Other251.4K1.5M24.5M75.1M86.4M90.7M
Other Assets13.4M383.7233.2M72.9M83.8M88.0M
Cash And Short Term Investments12.9M6.9M920.8M250.0M113.6M107.9M
Net Receivables6.6M13.7M61.7M223.2M302.9M318.1M
Liabilities And Stockholders Equity253.0K205.9M1.2B1.4B1.4B765.8M
Non Current Liabilities Total97.1M192.7M436.0M602.7M679.2M368.1M
Inventory3.6M20.8M22.7M8.4M26.7M15.4M
Other Current Assets1.6K895K18.6M8.0M9.2M7.2M
Other Stockholder Equity(237.3M)135.3M1.2B1.2B1.2B634.1M
Total Liab246.6K383.3M524.0M869.7M930.3M496.5M
Deferred Long Term Liab9.0M11.7M8.6M11.7M13.5M10.9M
Total Current Assets1.6K49.3M1.0B532.8M452.4M377.4M
Short Term Debt57.3K101.6M1.2M2.6M17.8M16.5M
Property Plant Equipment132.6M124.1M119.1M105.3M94.8M93.5M

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Additional Information and Resources on Investing in Stem Stock

When determining whether Stem Inc is a strong investment it is important to analyze Stem'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 Stem's future performance. For an informed investment choice regarding Stem Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stem Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Electrical Components & Equipment space 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 Stem. If investors know Stem 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 Stem listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.07)
Revenue Per Share
2.683
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.09)
Return On Equity
(0.38)
The market value of Stem Inc is measured differently than its book value, which is the value of Stem that is recorded on the company's balance sheet. Investors also form their own opinion of Stem's value that differs from its market value or its book value, called intrinsic value, which is Stem'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 Stem's market value can be influenced by many factors that don't directly affect Stem'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 Stem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stem'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.