Boeing Income Before Tax vs Discontinued Operations Analysis

BA Stock  USD 177.35  0.31  0.18%   
Boeing financial indicator trend analysis is way more than just evaluating Boeing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boeing is a good investment. Please check the relationship between Boeing Income Before Tax and its Discontinued Operations accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Boeing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Income Before Tax vs Discontinued Operations

Income Before Tax vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boeing Income Before Tax account and Discontinued Operations. At this time, the significance of the direction appears to have no relationship.
The correlation between Boeing's Income Before Tax and Discontinued Operations is 0.04. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of The Boeing, assuming nothing else is changed. The correlation between historical values of Boeing's Income Before Tax and Discontinued Operations 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 The Boeing are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Income Before Tax i.e., Boeing's Income Before Tax and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Before Tax

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

Discontinued Operations

Most indicators from Boeing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boeing 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in The Boeing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Boeing's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 89.68, whereas Selling General Administrative is forecasted to decline to about 4.2 B.
 2021 2022 2023 2024 (projected)
Total Operating Expenses6.4B7.0B8.5B6.0B
Cost Of Revenue59.2B63.1B70.1B51.5B

Boeing fundamental ratios Correlations

0.820.50.96-0.730.670.780.480.410.70.810.630.72-0.640.910.98-0.870.990.710.990.650.720.70.770.460.77
0.820.280.8-0.930.210.99-0.040.190.260.630.620.38-0.680.920.87-0.670.890.810.880.560.830.290.380.60.39
0.50.280.4-0.150.510.240.350.660.760.580.610.390.070.440.39-0.280.440.150.420.350.180.40.670.260.67
0.960.80.4-0.770.590.760.440.340.570.680.450.72-0.740.810.98-0.90.970.740.970.790.780.730.680.30.68
-0.73-0.93-0.15-0.77-0.17-0.940.01-0.09-0.14-0.48-0.41-0.410.83-0.83-0.810.73-0.84-0.76-0.8-0.62-0.88-0.35-0.27-0.43-0.27
0.670.210.510.59-0.170.160.890.530.860.590.430.84-0.340.50.58-0.720.580.230.590.250.180.840.870.130.87
0.780.990.240.76-0.940.16-0.050.10.210.590.610.36-0.70.90.84-0.660.860.760.850.520.860.260.310.640.31
0.48-0.040.350.440.010.89-0.050.280.720.360.20.84-0.330.250.39-0.650.38-0.080.40.170.150.830.620.030.61
0.410.190.660.34-0.090.530.10.280.610.330.460.430.10.310.34-0.240.340.340.340.32-0.040.310.66-0.120.66
0.70.260.760.57-0.140.860.210.720.610.790.550.65-0.080.560.56-0.540.590.240.580.280.140.660.920.230.92
0.810.630.580.68-0.480.590.590.360.330.790.580.42-0.270.810.72-0.570.770.550.750.370.370.440.780.450.79
0.630.620.610.45-0.410.430.610.20.460.550.580.37-0.160.750.55-0.380.60.270.610.070.430.30.520.830.52
0.720.380.390.72-0.410.840.360.840.430.650.420.37-0.640.540.7-0.890.670.360.690.430.480.810.660.120.66
-0.64-0.680.07-0.740.83-0.34-0.7-0.330.1-0.08-0.27-0.16-0.64-0.62-0.740.87-0.72-0.54-0.71-0.56-0.84-0.58-0.18-0.25-0.18
0.910.920.440.81-0.830.50.90.250.310.560.810.750.54-0.620.89-0.760.940.70.920.440.730.470.620.660.62
0.980.870.390.98-0.810.580.840.390.340.560.720.550.7-0.740.89-0.890.990.771.00.710.790.670.670.420.67
-0.87-0.67-0.28-0.90.73-0.72-0.66-0.65-0.24-0.54-0.57-0.38-0.890.87-0.76-0.89-0.88-0.58-0.88-0.6-0.74-0.81-0.6-0.28-0.6
0.990.890.440.97-0.840.580.860.380.340.590.770.60.67-0.720.940.99-0.880.760.990.680.80.650.690.470.69
0.710.810.150.74-0.760.230.76-0.080.340.240.550.270.36-0.540.70.77-0.580.760.750.60.50.180.480.110.48
0.990.880.420.97-0.80.590.850.40.340.580.750.610.69-0.710.921.0-0.880.990.750.670.790.660.680.480.68
0.650.560.350.79-0.620.250.520.170.320.280.370.070.43-0.560.440.71-0.60.680.60.670.660.550.4-0.10.4
0.720.830.180.78-0.880.180.860.15-0.040.140.370.430.48-0.840.730.79-0.740.80.50.790.660.480.170.520.18
0.70.290.40.73-0.350.840.260.830.310.660.440.30.81-0.580.470.67-0.810.650.180.660.550.480.670.130.67
0.770.380.670.68-0.270.870.310.620.660.920.780.520.66-0.180.620.67-0.60.690.480.680.40.170.670.171.0
0.460.60.260.3-0.430.130.640.03-0.120.230.450.830.12-0.250.660.42-0.280.470.110.48-0.10.520.130.170.16
0.770.390.670.68-0.270.870.310.610.660.920.790.520.66-0.180.620.67-0.60.690.480.680.40.180.671.00.16
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Boeing Account Relationship Matchups

Boeing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets133.6B152.1B138.6B137.1B137.0B143.9B
Short Long Term Debt Total27.3B63.6B58.1B57.0B52.6B55.2B
Other Current Liab22.9B21.9B18.2B21.3B22.0B12.3B
Total Current Liabilities97.3B87.3B82.0B90.1B95.8B100.6B
Total Stockholder Equity(8.6B)(18.3B)(15.0B)(15.9B)(17.2B)(16.4B)
Property Plant And Equipment Net12.5B11.8B10.9B10.6B11.5B9.1B
Net Debt17.8B55.8B50.1B42.4B39.9B41.9B
Retained Earnings50.6B38.6B34.4B29.5B27.3B22.0B
Cash9.5B7.8B8.1B14.6B12.7B6.4B
Non Current Assets Total31.4B30.5B29.9B27.6B27.7B24.6B
Non Currrent Assets Other5.7B6.6B7.3B5.6B4.9B7.1B
Cash And Short Term Investments10.0B25.6B16.2B17.2B16.0B8.1B
Net Receivables12.5B10.1B11.4B11.3B11.1B6.0B
Common Stock Shares Outstanding565.4M569M588M595.2M606.1M586.3M
Liabilities And Stockholders Equity133.6B152.1B138.6B137.1B137.0B143.9B
Non Current Liabilities Total44.6B82.9B71.4B62.9B58.4B61.3B
Inventory76.6B81.7B78.8B78.2B79.7B83.7B
Other Stockholder Equity(48.2B)(44.9B)(42.8B)(40.9B)(39.2B)(37.3B)
Total Liab141.9B170.2B153.4B152.9B154.2B162.0B
Property Plant And Equipment Gross12.5B11.8B31.5B32.0B33.8B35.5B
Total Current Assets102.2B121.6B108.7B109.5B109.3B114.7B
Accumulated Other Comprehensive Income(16.2B)(17.1B)(11.7B)(9.6B)(10.3B)(10.8B)
Short Term Debt7.3B2.0B1.6B5.5B5.5B5.8B
Other Current Assets3.1B4.3B2.2B2.8B2.5B2.6B
Accounts Payable15.6B12.9B9.3B10.2B12.0B10.7B
Short Term Investments545M17.8B8.2B2.6B3.3B2.7B
Good Will8.1B8.1B8.1B8.1B8.1B5.2B
Current Deferred Revenue51.6B50.5B53.0B53.1B56.3B59.1B
Intangible Assets3.3B2.8B2.6B2.3B2.1B2.1B
Other Liab23.7B21.0B14.6B9.8B11.2B19.2B
Other Assets3.1B7.8B5.7B4.2B3.8B5.1B
Long Term Debt19.8B61.9B56.8B51.8B46.9B49.3B
Treasury Stock(54.9B)(52.6B)(51.9B)(50.8B)(45.7B)(43.4B)
Property Plant Equipment12.5B11.8B10.9B10.6B12.1B11.9B
Net Tangible Assets(20.0B)(29.2B)(25.6B)(26.3B)(23.6B)(22.4B)
Noncontrolling Interest In Consolidated Entity71M317M241M35M40.3M38.2M
Retained Earnings Total Equity55.9B50.6B38.6B29.5B33.9B40.1B

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Boeing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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Is Aerospace & Defense 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 Boeing. If investors know Boeing 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 Boeing 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
(0.68)
Earnings Share
(12.96)
Revenue Per Share
119.345
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
The market value of Boeing is measured differently than its book value, which is the value of Boeing that is recorded on the company's balance sheet. Investors also form their own opinion of Boeing's value that differs from its market value or its book value, called intrinsic value, which is Boeing'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 Boeing's market value can be influenced by many factors that don't directly affect Boeing'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 Boeing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boeing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boeing'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.