Newell Income Before Tax vs Other Operating Expenses Analysis

NWL Stock  USD 7.79  0.85  12.25%   
Newell Brands financial indicator trend analysis is infinitely more than just investigating Newell Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newell Brands is a good investment. Please check the relationship between Newell Brands Income Before Tax and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newell Brands Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Newell Brands' Income Before Tax and Other Operating Expenses is 0.01. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Newell Brands, assuming nothing else is changed. The correlation between historical values of Newell Brands' Income Before Tax and Other Operating Expenses 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 Before Tax of Newell Brands are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Newell Brands' Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Newell Brands income statement and is an important metric when analyzing Newell Brands 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Newell Brands. It is also known as Newell Brands overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Newell Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newell Brands 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.Enterprise Value is expected to rise to about 10.4 B this year, although the value of Selling General Administrative will most likely fall to about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit3.3B2.8B2.4B2.0B
Total Revenue10.6B9.5B8.1B6.1B

Newell Brands fundamental ratios Correlations

0.980.260.90.970.680.980.160.620.990.320.620.950.760.990.850.450.820.990.880.660.980.840.220.820.86
0.980.290.940.920.761.00.010.680.960.390.680.940.820.990.90.480.871.00.910.670.940.860.280.880.91
0.260.290.480.250.730.28-0.450.370.260.650.370.280.60.20.58-0.240.570.260.210.180.170.570.670.580.56
0.90.940.480.820.860.93-0.130.790.870.490.790.920.940.90.940.420.880.930.90.630.80.950.330.890.92
0.970.920.250.820.580.930.30.510.980.230.510.920.670.940.780.360.750.930.790.640.990.770.170.730.78
0.680.760.730.860.580.75-0.430.660.660.670.660.650.850.670.910.070.860.720.620.460.560.880.590.910.9
0.981.00.280.930.930.750.030.640.970.40.640.940.810.990.890.480.870.990.90.670.940.850.280.870.91
0.160.01-0.45-0.130.3-0.430.03-0.280.22-0.48-0.280.18-0.250.11-0.2-0.13-0.40.06-0.110.230.26-0.16-0.56-0.37-0.33
0.620.680.370.790.510.660.64-0.280.570.261.00.670.710.630.650.340.680.670.710.430.520.80.190.660.7
0.990.960.260.870.980.660.970.220.570.310.570.930.710.980.830.350.790.970.810.660.990.810.230.790.83
0.320.390.650.490.230.670.4-0.480.260.310.260.280.540.330.570.020.590.370.320.380.220.440.880.620.57
0.620.680.370.790.510.660.64-0.281.00.570.260.670.710.630.650.340.680.670.710.430.520.80.190.660.7
0.950.940.280.920.920.650.940.180.670.930.280.670.820.940.810.460.760.950.890.660.910.840.140.730.79
0.760.820.60.940.670.850.81-0.250.710.710.540.710.820.750.90.430.820.80.850.530.630.870.350.850.86
0.990.990.20.90.940.670.990.110.630.980.330.630.940.750.840.50.831.00.90.640.970.820.220.820.87
0.850.90.580.940.780.910.89-0.20.650.830.570.650.810.90.840.30.890.880.810.590.760.930.40.910.94
0.450.48-0.240.420.360.070.48-0.130.340.350.020.340.460.430.50.30.440.490.760.170.430.24-0.080.360.4
0.820.870.570.880.750.860.87-0.40.680.790.590.680.760.820.830.890.440.850.830.460.760.840.580.950.98
0.991.00.260.930.930.720.990.060.670.970.370.670.950.81.00.880.490.850.910.650.950.860.250.850.89
0.880.910.210.90.790.620.9-0.110.710.810.320.710.890.850.90.810.760.830.910.540.810.790.170.790.84
0.660.670.180.630.640.460.670.230.430.660.380.430.660.530.640.590.170.460.650.540.620.470.150.470.49
0.980.940.170.80.990.560.940.260.520.990.220.520.910.630.970.760.430.760.950.810.620.740.180.740.79
0.840.860.570.950.770.880.85-0.160.80.810.440.80.840.870.820.930.240.840.860.790.470.740.330.850.89
0.220.280.670.330.170.590.28-0.560.190.230.880.190.140.350.220.4-0.080.580.250.170.150.180.330.590.52
0.820.880.580.890.730.910.87-0.370.660.790.620.660.730.850.820.910.360.950.850.790.470.740.850.590.98
0.860.910.560.920.780.90.91-0.330.70.830.570.70.790.860.870.940.40.980.890.840.490.790.890.520.98
Click cells to compare fundamentals

Newell Brands Account Relationship Matchups

Newell Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.6B14.7B14.2B13.3B12.2B8.3B
Short Long Term Debt Total6.3B6.1B5.4B5.9B5.4B3.0B
Other Current Liab1.5B1.6B1.6B1.4B1.6B1.6B
Total Current Liabilities3.0B3.6B3.3B3.1B2.9B1.9B
Total Stockholder Equity5.0B3.9B4.1B3.5B3.1B2.7B
Property Plant And Equipment Net925.6M1.8B1.7B1.8B1.7B979.7M
Net Debt5.9B5.1B4.9B5.6B5.0B2.7B
Retained Earnings(2.4B)(3.2B)(2.6B)(2.3B)(2.7B)(2.6B)
Cash348.6M981M440M287M332M211.5M
Non Current Assets Total11.5B10.1B9.9B9.2B8.8B5.6B
Non Currrent Assets Other359.3M404M464M646M702M737.1M
Cash And Short Term Investments348.6M981M440M287M332M211.5M
Net Receivables1.8B1.7B1.5B1.3B1.2B1.1B
Common Stock Shares Outstanding423.9M424.1M428M417.4M414.1M289.2M
Liabilities And Stockholders Equity15.6B14.7B14.2B13.3B12.2B8.3B
Non Current Liabilities Total7.7B7.2B6.8B6.7B6.2B3.7B
Inventory1.6B1.6B2.0B2.2B1.5B979.5M
Other Current Assets313.1M331M325M312M296M394.2M
Other Stockholder Equity7.8B7.5B7.1B6.4B6.3B6.6B
Total Liab10.6B10.8B10.1B9.7B9.1B5.5B
Total Current Assets4.1B4.6B4.3B4.1B3.4B2.7B
Short Term Debt332.4M466M3M621M329M311.2M
Intangible Assets4.9B3.6B3.4B2.6B2.5B2.3B
Accounts Payable1.1B1.5B1.7B1.1B1.0B660.0M
Property Plant And Equipment Gross925.6M1.8B1.7B1.8B3.8B4.0B
Accumulated Other Comprehensive Income(919.9M)(880M)(882M)(1.0B)(890M)(845.5M)
Common Stock Total Equity447.1M448M450M439M504.9M376.1M
Common Stock447.1M448M450M439M440M380.4M
Other Liab1.7B1.6B1.4B1.3B1.5B1.4B
Other Assets1.1B1.8B1.3B1.5B1.7B1.8B
Long Term Debt5.4B5.1B4.9B4.8B4.6B4.0B
Treasury Stock(584.7M)(590.3M)(598M)(609M)(548.1M)(575.5M)
Property Plant Equipment925.6M1.2B1.2B1.8B1.6B880.5M
Good Will3.7B3.6B3.5B3.3B3.1B3.7B
Net Tangible Assets(3.7B)(3.2B)(2.8B)(2.4B)(2.2B)(2.3B)
Noncontrolling Interest In Consolidated Entity36.6M34.8M32.7M26M29.9M18.7M
Retained Earnings Total Equity(2.4B)(3.2B)(2.6B)(2.3B)(2.1B)(2.0B)
Long Term Debt Total5.4B5.1B4.9B4.8B5.5B5.1B
Capital Surpluse8.4B8.1B7.7B7.1B8.1B5.5B

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When determining whether Newell Brands is a strong investment it is important to analyze Newell Brands' 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 Newell Brands' future performance. For an informed investment choice regarding Newell Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Newell Brands' 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 Newell Brands. If investors know Newell 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 Newell Brands 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
(0.92)
Dividend Share
0.44
Earnings Share
(0.94)
Revenue Per Share
19.64
Quarterly Revenue Growth
(0.09)
The market value of Newell Brands is measured differently than its book value, which is the value of Newell that is recorded on the company's balance sheet. Investors also form their own opinion of Newell Brands' value that differs from its market value or its book value, called intrinsic value, which is Newell Brands' 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 Newell Brands' market value can be influenced by many factors that don't directly affect Newell Brands' 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 Newell Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newell Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newell Brands' 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.