Box Income Before Tax vs Cost Of Revenue Analysis

BOX Stock  USD 34.24  0.24  0.70%   
Box financial indicator trend analysis is way more than just evaluating Box Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Box Inc is a good investment. Please check the relationship between Box Income Before Tax and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Box 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 persons.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Box Inc Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Box's Income Before Tax and Cost Of Revenue is 0.63. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Box Inc, assuming nothing else is changed. The correlation between historical values of Box's Income Before Tax and Cost Of Revenue 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 Box Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Box's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

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

Cost Of Revenue

Cost of Revenue is found on Box Inc income statement and represents the costs associated with goods and services Box provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Box's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Box 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Box 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 persons.
At this time, Box's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 39.68 in 2024, whereas Selling General Administrative is likely to drop slightly above 95.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense9.8M2.4M11.8M12.4M
Depreciation And Amortization81.2M66.0M51.2M52.5M

Box fundamental ratios Correlations

0.970.570.960.540.220.810.950.77-0.90.640.880.960.520.680.830.920.950.820.680.630.630.460.740.940.87
0.970.40.910.360.020.820.890.85-0.80.610.850.940.480.70.840.890.880.660.680.610.780.470.610.970.86
0.570.40.640.680.80.660.60.25-0.790.120.450.590.260.480.240.410.640.840.510.18-0.1-0.030.90.370.64
0.960.910.640.490.390.81.00.78-0.960.650.760.950.560.70.770.810.990.850.770.610.540.380.80.920.85
0.540.360.680.490.460.460.470.04-0.590.190.610.470.210.280.30.570.480.830.080.25-0.240.160.730.210.48
0.220.020.80.390.460.230.39-0.05-0.56-0.010.110.230.230.150.020.070.440.640.47-0.03-0.4-0.260.720.070.24
0.810.820.660.80.460.230.750.76-0.820.250.630.90.380.690.480.610.760.720.670.340.470.120.80.750.99
0.950.890.61.00.470.390.750.77-0.950.670.750.940.590.660.780.81.00.840.770.610.530.370.780.910.82
0.770.850.250.780.04-0.050.760.77-0.70.650.470.850.470.570.710.560.760.440.770.670.770.430.450.880.8
-0.9-0.8-0.79-0.96-0.59-0.56-0.82-0.95-0.7-0.56-0.71-0.9-0.57-0.64-0.69-0.72-0.96-0.92-0.76-0.54-0.36-0.23-0.91-0.81-0.85
0.640.610.120.650.19-0.010.250.670.65-0.560.470.550.450.320.840.620.640.40.380.890.510.740.210.670.33
0.880.850.450.760.610.110.630.750.47-0.710.470.750.460.550.80.970.750.70.390.430.550.360.60.770.67
0.960.940.590.950.470.230.90.940.85-0.90.550.750.550.670.720.790.940.80.740.570.60.350.780.920.95
0.520.480.260.560.210.230.380.590.47-0.570.450.460.550.020.60.390.590.470.430.20.34-0.140.410.530.47
0.680.70.480.70.280.150.690.660.57-0.640.320.550.670.020.420.580.640.540.550.330.430.410.560.670.64
0.830.840.240.770.30.020.480.780.71-0.690.840.80.720.60.420.860.760.520.550.760.720.590.390.850.55
0.920.890.410.810.570.070.610.80.56-0.720.620.970.790.390.580.860.790.690.440.630.620.560.560.830.67
0.950.880.640.990.480.440.761.00.76-0.960.640.750.940.590.640.760.790.860.780.590.510.350.810.90.83
0.820.660.840.850.830.640.720.840.44-0.920.40.70.80.470.540.520.690.860.540.40.080.170.940.60.76
0.680.680.510.770.080.470.670.770.77-0.760.380.390.740.430.550.550.440.780.540.410.520.140.670.760.7
0.630.610.180.610.25-0.030.340.610.67-0.540.890.430.570.20.330.760.630.590.40.410.510.820.260.640.41
0.630.78-0.10.54-0.24-0.40.470.530.77-0.360.510.550.60.340.430.720.620.510.080.520.510.450.060.830.51
0.460.47-0.030.380.16-0.260.120.370.43-0.230.740.360.35-0.140.410.590.560.350.170.140.820.45-0.020.460.15
0.740.610.90.80.730.720.80.780.45-0.910.210.60.780.410.560.390.560.810.940.670.260.06-0.020.560.81
0.940.970.370.920.210.070.750.910.88-0.810.670.770.920.530.670.850.830.90.60.760.640.830.460.560.81
0.870.860.640.850.480.240.990.820.8-0.850.330.670.950.470.640.550.670.830.760.70.410.510.150.810.81
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Box Account Relationship Matchups

Box fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets955.1M1.4B1.4B1.2B1.2B849.4M
Short Long Term Debt Total424.5M648.2M642.3M564.4M491.8M293.7M
Other Current Liab59.3M66.7M54.7M44.1M36.9M53.9M
Total Current Liabilities578.5M612.8M719.0M715.8M679.3M463.5M
Total Stockholder Equity22.4M151.1M92.8M(33.9M)61.0M64.1M
Other Liab30.6M37.3M23.8M35.0M40.3M43.8M
Property Plant And Equipment Net388.8M354.4M278.6M201.1M130.7M181.7M
Current Deferred Revenue407.5M443.9M519.5M544.2M562.9M343.3M
Net Debt229.0M53.1M226.1M136.0M107.5M112.9M
Retained Earnings(1.3B)(1.3B)(1.4B)(1.3B)(1.2B)(1.3B)
Accounts Payable16.8M4.5M58.9M50.5M52.7M55.4M
Cash195.6M595.1M416.3M428.5M384.3M309.4M
Non Current Assets Total497.4M472.4M475.4M400.4M444.8M293.8M
Non Currrent Assets Other89.9M99.3M(47.6M)125.4M161.7M169.8M
Other Assets69.6M74.4M122.4M125.4M1.00.95
Cash And Short Term Investments195.6M595.1M586.3M461.2M481.2M337.6M
Net Receivables209.4M228.3M256.3M264.5M281.5M175.5M
Common Stock Shares Outstanding147.8M155.8M155.6M150.2M148.6M136.5M
Liabilities And Stockholders Equity955.1M1.4B1.4B1.2B1.2B849.4M
Non Current Liabilities Total354.3M587.8M580.2M525.2M500.9M358.0M
Other Current Assets4.2M3.4M74.0M33.0M33.7M21.4M
Other Stockholder Equity1.3B1.5B972.0M819.0M785.4M830.7M
Total Liab932.8M1.2B1.3B1.2B1.2B821.5M
Property Plant And Equipment Gross388.8M354.4M278.6M201.1M208.2M188.9M
Total Current Assets457.7M879.3M916.6M806.8M796.4M555.6M
Accumulated Other Comprehensive Income(307K)(938K)(4.5M)(7.1M)(9.7M)(10.2M)
Short Term Debt95.0M97.7M85.8M77.1M26.8M45.0M
Intangible Assets25.1M24.8M37.1M12.1M46.8M49.1M
Property Plant Equipment191.0M354.4M278.6M201.1M231.3M165.4M
Net Tangible Assets3.6M107.5M(469.6M)(107.7M)(97.0M)(92.1M)
Deferred Long Term Liab62.8M66.5M72.9M72.0M82.8M64.5M
Retained Earnings Total Equity(1.1B)(1.3B)(1.4B)(1.3B)(1.2B)(1.3B)
Long Term Debt Total40M358.0M388.3M369.4M424.8M446.0M
Capital Surpluse1.3B1.5B972.0M819.0M941.8M1.2B

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