IPG Other Operating Expenses vs Income Before Tax Analysis
IPGP Stock | USD 85.85 0.62 0.72% |
IPG Photonics financial indicator trend analysis is infinitely more than just investigating IPG Photonics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IPG Photonics is a good investment. Please check the relationship between IPG Photonics Other Operating Expenses 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 IPG Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IPG Photonics Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IPG Photonics' Other Operating Expenses and Income Before Tax is 0.48. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of IPG Photonics, assuming nothing else is changed. The correlation between historical values of IPG Photonics' Other Operating Expenses 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 Other Operating Expenses of IPG Photonics 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 Other Operating Expenses i.e., IPG Photonics' Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IPG Photonics. It is also known as IPG Photonics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on IPG Photonics income statement and is an important metric when analyzing IPG Photonics 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 IPG Photonics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IPG Photonics 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 IPG Photonics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.At this time, IPG Photonics' Tax Provision is relatively stable compared to the past year. As of 06/10/2024, Sales General And Administrative To Revenue is likely to grow to 0.1, while Selling General Administrative is likely to drop slightly above 68.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 696.4M | 555.4M | 536.0M | 356.0M | Total Revenue | 1.5B | 1.4B | 1.3B | 727.4M |
IPG Photonics fundamental ratios Correlations
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IPG Photonics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IPG Photonics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.9B | 3.2B | 2.7B | 2.7B | 1.4B | |
Total Stockholder Equity | 2.4B | 2.6B | 2.7B | 2.4B | 2.4B | 2.5B | |
Net Debt | (638.4M) | (838.3M) | (674.9M) | (682.2M) | (496.4M) | (521.2M) | |
Cash | 680.1M | 876.2M | 709.1M | 698.2M | 514.7M | 404.5M | |
Cash And Short Term Investments | 1.2B | 1.4B | 1.5B | 1.2B | 1.2B | 605.4M | |
Common Stock Shares Outstanding | 53.8M | 53.8M | 53.9M | 50.9M | 47.3M | 50.5M | |
Liabilities And Stockholders Equity | 2.7B | 2.9B | 3.2B | 2.7B | 2.7B | 1.4B | |
Other Stockholder Equity | 519.9M | 550.7M | 469.9M | 13.4M | (167.5M) | (159.1M) | |
Total Current Assets | 1.9B | 2.1B | 2.3B | 2.0B | 1.9B | 1.0B | |
Other Assets | 53.0M | 86.6M | 96.3M | 88.4M | 101.7M | 106.8M | |
Total Liab | 328.0M | 341.6M | 423.3M | 357.9M | 283.5M | 224.4M | |
Short Long Term Debt Total | 41.7M | 38.0M | 34.2M | 16.0M | 18.3M | 26.4M | |
Other Current Liab | 101.3M | 113.8M | 149.8M | 132.3M | 112.4M | 79.0M | |
Total Current Liabilities | 191.9M | 214.6M | 313.4M | 274.6M | 214.9M | 148.9M | |
Other Liab | 77.7M | 92.9M | 93.9M | 66.5M | 76.5M | 40.9M | |
Property Plant And Equipment Net | 600.9M | 597.5M | 635.3M | 580.6M | 602.3M | 340.3M | |
Current Deferred Revenue | 59.5M | 71.2M | 89.7M | 80.1M | 69.2M | 36.5M | |
Retained Earnings | 2.0B | 2.2B | 2.5B | 2.6B | 2.8B | 2.9B | |
Accounts Payable | 27.3M | 25.7M | 55.8M | 46.2M | 28.6M | 23.3M | |
Non Current Assets Total | 833.8M | 787.6M | 822.9M | 757.0M | 784.2M | 434.4M | |
Non Currrent Assets Other | 42.3M | 43.4M | 48.5M | 28.7M | 28.4M | 21.6M | |
Long Term Debt | 41.7M | 38.0M | 34.2M | 16.0M | 18.4M | 26.4M | |
Net Receivables | 238.5M | 264.3M | 262.1M | 211.3M | 219.1M | 144.9M | |
Non Current Liabilities Total | 136.1M | 127.0M | 109.9M | 83.3M | 68.7M | 79.1M | |
Inventory | 380.8M | 365.0M | 460.7M | 509.4M | 453.9M | 235.6M | |
Other Current Assets | 55.9M | 57.8M | 73.3M | 47.0M | 64.2M | 36.5M | |
Property Plant And Equipment Gross | 600.9M | 597.5M | 1.2B | 1.1B | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | (146.9M) | (146.1M) | (190.0M) | (204.5M) | (212.5M) | (201.9M) | |
Short Term Debt | 3.7M | 3.8M | 18.1M | 16.0M | 4.6M | 7.4M | |
Property Plant Equipment | 600.9M | 597.5M | 635.3M | 596.1M | 685.5M | 719.8M | |
Short Term Investments | 502.5M | 514.8M | 805.4M | 479.4M | 662.8M | 695.9M | |
Intangible Assets | 74.3M | 62.1M | 52.7M | 34.1M | 26.2M | 32.8M | |
Net Tangible Assets | 2.2B | 2.5B | 2.7B | 2.3B | 2.7B | 1.8B | |
Noncontrolling Interest In Consolidated Entity | 687K | 717K | 1.3M | 639K | 734.9K | 492.5K | |
Good Will | 82.1M | 41.4M | 38.6M | 38.3M | 38.5M | 35.5M | |
Retained Earnings Total Equity | 1.8B | 2.0B | 2.2B | 2.5B | 2.8B | 3.0B | |
Long Term Debt Total | 41.7M | 38.0M | 34.2M | 16.0M | 18.4M | 29.1M |
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