Henry Income Before Tax vs Operating Income Analysis
HSIC Stock | USD 73.13 0.31 0.43% |
Henry Schein financial indicator trend analysis is much more than just examining Henry Schein latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Henry Schein is a good investment. Please check the relationship between Henry Schein Income Before Tax and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Henry Schein. 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. For information on how to trade Henry Stock refer to our How to Trade Henry Stock guide.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Henry Schein Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Henry Schein's Income Before Tax and Operating Income is 0.98. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Henry Schein, assuming nothing else is changed. The correlation between historical values of Henry Schein's Income Before Tax and Operating 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 Henry Schein are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Henry Schein's Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Henry Schein income statement and is an important metric when analyzing Henry Schein 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.Operating Income
Operating Income is the amount of profit realized from Henry Schein operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Henry Schein is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Henry Schein's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Henry Schein 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 Henry Schein. 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. For information on how to trade Henry Stock refer to our How to Trade Henry Stock guide.At present, Henry Schein's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 10.45, whereas Selling General Administrative is forecasted to decline to about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.6M | 44M | 87M | 91.4M | Depreciation And Amortization | 224.0M | 361M | 248M | 260.4M |
Henry Schein fundamental ratios Correlations
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Henry Schein Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Henry Schein fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.2B | 7.8B | 8.5B | 8.6B | 10.6B | 11.1B | |
Short Long Term Debt Total | 998.3M | 1.0B | 1.2B | 1.5B | 2.7B | 2.9B | |
Other Current Liab | 888.1M | 958.0M | 1.0B | 952M | 1.1B | 552.7M | |
Total Current Liabilities | 2.0B | 2.3B | 2.3B | 2.2B | 2.7B | 1.4B | |
Total Stockholder Equity | 3.0B | 3.3B | 3.4B | 3.4B | 3.7B | 2.0B | |
Property Plant And Equipment Net | 561.3M | 630.9M | 691.4M | 667M | 823M | 864.2M | |
Net Debt | 892.3M | 581.2M | 1.1B | 1.4B | 2.6B | 2.7B | |
Retained Earnings | 3.1B | 3.5B | 3.6B | 3.7B | 3.9B | 4.1B | |
Accounts Payable | 880.3M | 1.0B | 1.1B | 1.0B | 1.0B | 617.9M | |
Cash | 106.1M | 421.2M | 118.0M | 117M | 171M | 166.7M | |
Non Current Assets Total | 3.9B | 4.0B | 4.6B | 4.6B | 6.1B | 6.4B | |
Non Currrent Assets Other | (23.6M) | 154.5M | (34.6M) | 223M | 209M | 219.5M | |
Cash And Short Term Investments | 106.1M | 421.2M | 118.0M | 117M | 171M | 171.9M | |
Net Receivables | 1.2B | 1.4B | 1.5B | 1.4B | 1.9B | 2.0B | |
Common Stock Shares Outstanding | 149.3M | 143.4M | 141.8M | 137.8M | 131.7M | 200.7M | |
Liabilities And Stockholders Equity | 7.2B | 7.8B | 8.5B | 8.6B | 10.6B | 11.1B | |
Non Current Liabilities Total | 1.5B | 1.5B | 2.1B | 1.7B | 2.7B | 2.9B | |
Inventory | 1.4B | 1.5B | 1.9B | 2.0B | 1.8B | 1.0B | |
Other Current Assets | 445.4M | 432.9M | 413.1M | 466M | 639M | 671.0M | |
Other Stockholder Equity | 47.8M | 1.1B | 1.4M | (233M) | (209.7M) | (199.2M) | |
Total Liab | 3.5B | 3.8B | 4.4B | 3.9B | 5.4B | 5.7B | |
Total Current Assets | 3.2B | 3.8B | 3.8B | 4.0B | 4.5B | 2.4B | |
Short Term Debt | 199.2M | 247.9M | 137.6M | 182M | 494M | 518.7M | |
Intangible Assets | 572.9M | 479.4M | 667.6M | 587M | 916M | 460.6M | |
Good Will | 2.5B | 2.5B | 2.9B | 2.9B | 3.9B | 4.1B | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1M | 1.2M | 962.1K | |
Property Plant And Equipment Gross | 561.3M | 630.9M | 691.4M | 1.2B | 1.5B | 1.6B | |
Accumulated Other Comprehensive Income | (167.4M) | (108.1M) | (171.5M) | (233M) | (206M) | (195.7M) | |
Common Stock | 1.4M | 1.4M | 1.4M | 1M | 1.2M | 904.1K | |
Other Liab | 396.2M | 422.8M | 419.0M | 397M | 456.6M | 479.4M | |
Other Assets | 120.8M | 149.4M | 190.4M | 232M | 266.8M | 161.9M | |
Long Term Debt | 622.9M | 515.8M | 811.3M | 1.0B | 1.9B | 2.0B | |
Property Plant Equipment | 329.6M | 342.0M | 366.5M | 667M | 767.1M | 805.4M | |
Net Tangible Assets | 249.9M | 692.1M | 516.7M | 542M | 487.8M | 485.9M | |
Warrants | 287.3M | 327.7M | 613.3M | 576M | 662.4M | 524.0M | |
Noncontrolling Interest In Consolidated Entity | 632.1M | 636.2M | 638.1M | 649M | 746.4M | 783.7M | |
Retained Earnings Total Equity | 3.1B | 3.5B | 3.6B | 3.7B | 4.2B | 2.5B | |
Long Term Debt Total | 622.9M | 515.8M | 811.3M | 1.0B | 1.2B | 732.8M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Henry Schein. 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. For information on how to trade Henry Stock refer to our How to Trade Henry Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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Is Henry Schein'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 Henry Schein. If investors know Henry 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 Henry Schein 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 (0.62) | Earnings Share 3.16 | Revenue Per Share 94.466 | Quarterly Revenue Growth (0.10) | Return On Assets 0.0453 |
The market value of Henry Schein is measured differently than its book value, which is the value of Henry that is recorded on the company's balance sheet. Investors also form their own opinion of Henry Schein's value that differs from its market value or its book value, called intrinsic value, which is Henry Schein'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 Henry Schein's market value can be influenced by many factors that don't directly affect Henry Schein'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 Henry Schein's value and its price as these two are different measures arrived at by different means. Investors typically determine if Henry Schein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Henry Schein'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.