Crown Income Before Tax vs Net Income Analysis

CCI Stock  USD 106.30  0.22  0.21%   
Crown Castle financial indicator trend analysis is way more than just evaluating Crown Castle prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Castle is a good investment. Please check the relationship between Crown Castle Income Before Tax and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Crown Castle Income Before Tax account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Crown Castle's Income Before Tax and Net Income is 0.88. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Crown Castle, assuming nothing else is changed. The correlation between historical values of Crown Castle's Income Before Tax and Net Income 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 Crown Castle are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Crown Castle's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Crown Castle financial statement analysis. It represents the amount of money remaining after all of Crown Castle operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Crown Castle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Castle 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 Crown Castle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.As of now, Crown Castle's Selling General Administrative is increasing as compared to previous years. The Crown Castle's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Discontinued Operations is forecasted to increase to (53 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.3B4.9B5.0B5.3B
Total Revenue6.3B7.0B7.0B7.3B

Crown Castle fundamental ratios Correlations

0.960.990.910.710.970.96-0.890.520.041.0-0.030.040.970.980.850.980.540.080.990.970.790.590.640.620.87
0.960.960.980.480.991.0-0.970.41-0.080.96-0.01-0.080.960.930.781.00.430.210.921.00.870.50.410.540.77
0.990.960.920.670.970.96-0.920.440.00.99-0.080.00.970.980.830.980.450.090.990.960.810.530.590.560.85
0.910.980.920.390.950.98-0.970.39-0.080.910.09-0.080.930.890.720.960.410.270.870.980.850.510.330.480.71
0.710.480.670.390.540.47-0.350.610.330.7-0.060.330.630.710.720.540.61-0.240.760.510.250.560.960.560.8
0.970.990.970.950.540.99-0.960.42-0.080.97-0.08-0.080.970.940.781.00.410.140.940.990.830.480.460.520.79
0.961.00.960.980.470.99-0.970.41-0.10.96-0.01-0.10.950.930.771.00.420.210.921.00.870.490.40.530.77
-0.89-0.97-0.92-0.97-0.35-0.96-0.97-0.280.19-0.90.090.19-0.91-0.88-0.71-0.96-0.28-0.23-0.87-0.96-0.89-0.37-0.26-0.42-0.7
0.520.410.440.390.610.420.41-0.280.420.510.450.420.450.460.590.440.820.110.490.460.20.710.690.550.62
0.04-0.080.0-0.080.33-0.08-0.10.190.420.020.561.00.02-0.010.2-0.050.460.170.04-0.02-0.20.710.410.340.22
1.00.960.990.910.70.970.96-0.90.510.02-0.050.020.970.980.840.980.520.070.990.970.790.570.630.60.87
-0.03-0.01-0.080.09-0.06-0.08-0.010.090.450.56-0.050.56-0.06-0.090.17-0.020.50.67-0.10.06-0.070.680.140.340.08
0.04-0.080.0-0.080.33-0.08-0.10.190.421.00.020.560.02-0.010.2-0.050.460.170.04-0.02-0.20.710.410.340.22
0.970.960.970.930.630.970.95-0.910.450.020.97-0.060.020.940.80.970.510.050.950.960.760.550.530.530.82
0.980.930.980.890.710.940.93-0.880.46-0.010.98-0.09-0.010.940.80.950.49-0.010.990.930.830.50.630.540.85
0.850.780.830.720.720.780.77-0.710.590.20.840.170.20.80.80.810.650.30.840.80.580.720.740.830.97
0.981.00.980.960.541.01.0-0.960.44-0.050.98-0.02-0.050.970.950.810.460.180.951.00.860.530.480.570.81
0.540.430.450.410.610.410.42-0.280.820.460.520.50.460.510.490.650.460.040.510.470.30.760.70.640.67
0.080.210.090.27-0.240.140.21-0.230.110.170.070.670.170.05-0.010.30.180.040.00.240.110.46-0.070.390.14
0.990.920.990.870.760.940.92-0.870.490.040.99-0.10.040.950.990.840.950.510.00.930.770.540.680.590.88
0.971.00.960.980.510.991.0-0.960.46-0.020.970.06-0.020.960.930.81.00.470.240.930.850.570.460.570.79
0.790.870.810.850.250.830.87-0.890.2-0.20.79-0.07-0.20.760.830.580.860.30.110.770.850.270.190.390.6
0.590.50.530.510.560.480.49-0.370.710.710.570.680.710.550.50.720.530.760.460.540.570.270.670.770.67
0.640.410.590.330.960.460.4-0.260.690.410.630.140.410.530.630.740.480.7-0.070.680.460.190.670.70.78
0.620.540.560.480.560.520.53-0.420.550.340.60.340.340.530.540.830.570.640.390.590.570.390.770.70.75
0.870.770.850.710.80.790.77-0.70.620.220.870.080.220.820.850.970.810.670.140.880.790.60.670.780.75
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Crown Castle Account Relationship Matchups

Crown Castle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.5B38.8B39.0B38.9B38.5B40.5B
Short Long Term Debt Total23.9B25.4B27.0B28.0B28.8B30.3B
Other Current Liab530M577M583M590M589M618.5M
Total Current Liabilities1.9B2.0B2.0B2.7B2.6B2.7B
Total Stockholder Equity10.5B9.5B8.3B7.4B6.4B5.2B
Property Plant And Equipment Net20.8B21.6B22.0B21.9B21.9B22.9B
Net Debt23.7B25.2B26.7B27.8B28.7B30.1B
Retained Earnings(7.4B)(8.5B)(9.8B)(10.7B)(11.9B)(11.3B)
Accounts Payable334M230M246M236M252M150.2M
Cash196M232M292M156M105M99.8M
Non Current Assets Total37.3B37.7B37.8B37.7B37.5B39.4B
Non Currrent Assets Other1.5B1.5B1.7B2.1B2.4B1.3B
Cash And Short Term Investments196M232M292M156M105M99.8M
Net Receivables596M583M635M720M597M626.9M
Common Stock Shares Outstanding415M418M425M434M499.1M310.4M
Liabilities And Stockholders Equity38.5B38.8B39.0B38.9B38.5B40.5B
Non Current Liabilities Total26.1B27.3B28.8B28.7B29.6B31.0B
Inventory244M239M274M268M308.2M200.3M
Other Current Assets168M289M327M341M330M174.4M
Other Stockholder Equity17.9B17.9B18.0B18.1B18.3B19.2B
Total Liab28.0B29.3B30.8B31.5B32.1B33.8B
Property Plant And Equipment Gross13.4B21.6B22.0B15.4B36.1B37.9B
Total Current Assets1.2B1.1B1.3B1.2B1.0B955.6M
Intangible Assets4.8B4.4B4.0B3.6B3.2B2.8B
Other Liab2.5B2.4B2.2B2.0B2.2B1.3B
Other Assets1.5B12.4B1.7B136M156.4M148.6M
Long Term Debt18.0B19.2B20.6B20.9B22.1B11.1B
Property Plant Equipment14.7B15.2B22.0B21.9B25.2B26.5B
Short Term Debt399M458M421M1.2B1.2B1.2B
Current Deferred Revenue661M704M776M736M605M382.9M
Retained Earnings Total Equity(7.4B)(8.5B)(9.8B)(10.7B)(9.6B)(9.1B)
Net Tangible Assets339M(685M)(5.9B)(2.7B)(2.4B)(2.5B)

Currently Active Assets on Macroaxis

When determining whether Crown Castle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Crown Castle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Crown Castle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Crown Castle Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Castle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Crown Stock please use our How to Invest in Crown Castle guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Telecom Tower REITs 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 Crown Castle. If investors know Crown 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 Crown Castle 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
0.142
Dividend Share
6.26
Earnings Share
2.82
Revenue Per Share
15.191
Quarterly Revenue Growth
(0.01)
The market value of Crown Castle is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Castle's value that differs from its market value or its book value, called intrinsic value, which is Crown Castle'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 Crown Castle's market value can be influenced by many factors that don't directly affect Crown Castle'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 Crown Castle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Castle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Castle'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.