United States Earnings before Tax vs Invested Capital Average Analysis

X -- USA Stock  

Trending

United States financial indicator trend analysis is much more than just breaking down United States Steel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United States Steel is a good investment. Please check the relationship between United States Earnings before Tax and its Invested Capital Average accounts. See also Your Current Watchlist.

Earnings before Tax vs Invested Capital Average

Accounts Relationship

Earnings before Tax vs Invested Capital Average

Significance: Weak Contrarian Relationship

Earnings before Tax diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of United States Steel Earnings before Tax account and Invested Capital Average

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Earnings before Tax

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

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from [InvCap]. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.
Search macroaxis.com