Getty Income Before Tax vs Gross Profit Analysis
GETY Stock | USD 3.45 0.92 21.05% |
Getty Images financial indicator trend analysis is much more than just examining Getty Images Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Getty Images Holdings is a good investment. Please check the relationship between Getty Images Income Before Tax and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Income Before Tax vs Gross Profit
Income Before Tax vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Getty Images Holdings Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Getty Images' Income Before Tax and Gross Profit is 0.52. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Getty Images Holdings, assuming nothing else is changed. The correlation between historical values of Getty Images' Income Before Tax and Gross Profit 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 Getty Images Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Getty Images' Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Getty Images income statement and is an important metric when analyzing Getty Images Holdings 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Getty Images Holdings minus its cost of goods sold. It is profit before Getty Images operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Getty Images' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Getty Images Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Getty Images' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 15.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 347.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | EBIT | 202.1M | 189.2M | 183.7M | 155.5M | Other Operating Expenses | 717.2M | 724.2M | 732.8M | 518.0M |
Getty Images fundamental ratios Correlations
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Getty Images Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Getty Images' price analysis, check to measure Getty Images' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Getty Images is operating at the current time. Most of Getty Images' value examination focuses on studying past and present price action to predict the probability of Getty Images' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Images' price. Additionally, you may evaluate how the addition of Getty Images to your portfolios can decrease your overall portfolio volatility.