Hain Net Income vs Income Before Tax Analysis

HAIN Stock  USD 6.14  0.05  0.82%   
Hain Celestial financial indicator trend analysis is much more than just examining Hain Celestial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hain Celestial is a good investment. Please check the relationship between Hain Celestial Net Income and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hain Celestial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hain Celestial Net Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hain Celestial's Net Income and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of The Hain Celestial, assuming nothing else is changed. The correlation between historical values of Hain Celestial's Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of The Hain Celestial are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Hain Celestial's Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hain Celestial financial statement analysis. It represents the amount of money remaining after all of The Hain Celestial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hain Celestial income statement and is an important metric when analyzing Hain Celestial 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.
Most indicators from Hain Celestial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hain Celestial 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 The Hain Celestial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Hain Celestial's Discontinued Operations is very stable compared to the past year. As of the 27th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Selling General Administrative is likely to drop about 230.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit427.4M396.4M455.9M319.8M
Total Revenue1.9B1.8B2.1B1.3B

Hain Celestial fundamental ratios Correlations

0.60.040.940.930.620.520.830.860.790.99-0.130.790.930.890.620.970.530.470.750.960.490.90.690.60.69
0.60.020.420.370.740.990.750.410.480.61-0.340.480.50.531.00.610.540.050.970.540.330.570.490.740.49
0.040.020.090.180.480.040.3-0.16-0.160.06-0.02-0.16-0.070.280.00.110.390.40.040.01-0.28-0.220.490.490.49
0.940.420.090.960.490.340.760.850.730.91-0.040.730.920.840.420.890.470.590.610.930.610.880.570.480.57
0.930.370.180.960.560.280.790.860.770.91-0.030.770.920.880.390.890.510.590.570.930.460.860.640.540.64
0.620.740.480.490.560.720.880.370.410.65-0.420.410.420.710.740.660.80.250.780.520.070.430.811.00.81
0.520.990.040.340.280.720.70.330.360.54-0.360.360.40.490.980.540.530.010.940.450.260.470.460.720.46
0.830.750.30.760.790.880.70.630.660.82-0.380.660.70.830.760.870.720.390.850.830.230.690.820.870.82
0.860.41-0.160.850.860.370.330.630.690.840.20.690.930.780.440.80.380.280.590.840.450.910.390.340.39
0.790.48-0.160.730.770.410.360.660.690.74-0.041.00.840.540.490.750.290.270.60.840.590.840.420.40.41
0.990.610.060.910.910.650.540.820.840.74-0.120.740.910.910.630.950.540.460.760.910.480.890.70.630.69
-0.13-0.34-0.02-0.04-0.03-0.42-0.36-0.380.2-0.04-0.12-0.030.09-0.15-0.34-0.2-0.39-0.28-0.3-0.140.20.02-0.42-0.41-0.42
0.790.48-0.160.730.770.410.360.660.691.00.74-0.030.840.540.490.750.290.270.60.840.590.840.420.40.41
0.930.5-0.070.920.920.420.40.70.930.840.910.090.840.80.520.870.360.480.670.920.60.970.450.390.45
0.890.530.280.840.880.710.490.830.780.540.91-0.150.540.80.560.850.60.550.70.80.250.740.710.690.71
0.621.00.00.420.390.740.980.760.440.490.63-0.340.490.520.560.620.540.050.970.550.290.580.490.740.49
0.970.610.110.890.890.660.540.870.80.750.95-0.20.750.870.850.620.580.390.750.950.370.820.790.640.79
0.530.540.390.470.510.80.530.720.380.290.54-0.390.290.360.60.540.580.180.590.490.050.370.720.790.71
0.470.050.40.590.590.250.010.390.280.270.46-0.280.270.480.550.050.390.180.20.450.270.40.310.230.31
0.750.970.040.610.570.780.940.850.590.60.76-0.30.60.670.70.970.750.590.20.70.40.720.560.770.56
0.960.540.010.930.930.520.450.830.840.840.91-0.140.840.920.80.550.950.490.450.70.490.880.640.50.64
0.490.33-0.280.610.460.070.260.230.450.590.480.20.590.60.250.290.370.050.270.40.490.65-0.110.06-0.11
0.90.57-0.220.880.860.430.470.690.910.840.890.020.840.970.740.580.820.370.40.720.880.650.390.40.38
0.690.490.490.570.640.810.460.820.390.420.7-0.420.420.450.710.490.790.720.310.560.64-0.110.390.811.0
0.60.740.490.480.541.00.720.870.340.40.63-0.410.40.390.690.740.640.790.230.770.50.060.40.810.81
0.690.490.490.570.640.810.460.820.390.410.69-0.420.410.450.710.490.790.710.310.560.64-0.110.381.00.81
Click cells to compare fundamentals

Hain Celestial Account Relationship Matchups

Hain Celestial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.2B2.5B2.3B2.6B1.5B
Short Long Term Debt Total365.7M317.0M996.1M918.8M1.1B1.1B
Other Current Liab127.6M118.0M(8.2M)88.5M101.8M106.9M
Total Current Liabilities300.3M290.4M269.3M230.9M265.5M186.6M
Total Stockholder Equity1.4B1.5B1.1B1.0B1.2B895.4M
Property Plant And Equipment Net377.4M404.8M412.1M392.2M451.1M473.6M
Net Debt328.0M241.1M930.6M865.4M995.2M1.0B
Retained Earnings614.2M691.2M769.1M652.6M750.4M788.0M
Accounts Payable171.0M171.9M174.8M134.8M155.0M134.2M
Cash37.8M75.9M65.5M53.4M61.4M51.0M
Non Current Assets Total1.6B1.6B1.9B1.7B1.9B1.1B
Non Currrent Assets Other(27.6M)(21.5M)(74.7M)(46.2M)(41.6M)(39.5M)
Cash And Short Term Investments37.8M75.9M65.5M53.4M61.4M50.4M
Net Receivables171.0M174.1M170.7M160.9M185.1M138.4M
Common Stock Shares Outstanding103.6M101.3M93.3M89.4M102.8M82.4M
Liabilities And Stockholders Equity2.2B2.2B2.5B2.3B2.6B1.5B
Non Current Liabilities Total444.6M392.6M1.1B1.0B1.2B1.2B
Inventory248.2M285.4M308.0M310.3M356.9M189.4M
Other Current Assets104.0M39.8M55.9M65.1M74.9M78.6M
Other Stockholder Equity999.7M903.6M477.4M490.4M564.0M543.7M
Total Liab744.9M683.0M1.4B1.2B1.4B1.5B
Total Current Assets560.9M577.1M600.1M591.0M679.7M427.8M
Short Term Debt1.7M530K7.7M7.6M8.7M11.7M
Intangible Assets346.5M314.9M477.5M298.1M342.8M323.0M
Common Stock Total Equity1.1M1.1M1.1M1.1M1.3M703.0K
Property Plant And Equipment Gross377.4M404.8M412.1M392.2M451.1M473.6M
Accumulated Other Comprehensive Income(171.4M)(73.0M)(164.5M)(126.2M)(113.6M)(107.9M)
Common Stock1.1M1.1M1.1M1.1M1.3M702.8K
Other Assets24.2M21.2M20.4M19.9M22.9M30.6M
Long Term Debt281.1M230.5M880.9M821.2M944.4M991.6M
Good Will862.0M871.1M933.8M938.6M1.1B744.3M
Treasury Stock(110.0M)(172.2M)(284.0M)(725.7M)(653.1M)(620.5M)
Property Plant Equipment377.4M404.8M412.1M392.2M451.1M235.9M
Other Liab79.9M76.2M117.5M98.7M113.5M69.5M
Net Tangible Assets235.1M336.9M(328.2M)(218.8M)(251.7M)(239.1M)
Retained Earnings Total Equity614.2M691.2M769.1M652.6M750.4M682.8M
Long Term Debt Total281.1M230.5M880.9M821.2M944.4M668.4M
Capital Surpluse1.2B1.2B1.2B1.2B1.4B1.2B

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When determining whether Hain Celestial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hain Celestial'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 The Hain Celestial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Hain Celestial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hain Celestial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Hain Celestial's price analysis, check to measure Hain Celestial's 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 Hain Celestial is operating at the current time. Most of Hain Celestial's value examination focuses on studying past and present price action to predict the probability of Hain Celestial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hain Celestial's price. Additionally, you may evaluate how the addition of Hain Celestial to your portfolios can decrease your overall portfolio volatility.
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Is Hain Celestial's 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 Hain Celestial. If investors know Hain 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 Hain Celestial 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
(0.64)
Earnings Share
(1.77)
Revenue Per Share
19.901
Return On Assets
0.0214
Return On Equity
(0.15)
The market value of Hain Celestial is measured differently than its book value, which is the value of Hain that is recorded on the company's balance sheet. Investors also form their own opinion of Hain Celestial's value that differs from its market value or its book value, called intrinsic value, which is Hain Celestial'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 Hain Celestial's market value can be influenced by many factors that don't directly affect Hain Celestial'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 Hain Celestial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hain Celestial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hain Celestial'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.