Live Tax Provision vs Income Before Tax Analysis

LOB Stock  USD 36.25  0.04  0.11%   
Live Oak financial indicator trend analysis is infinitely more than just investigating Live Oak Bancshares recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Live Oak Bancshares is a good investment. Please check the relationship between Live Oak Tax Provision and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Oak Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Live Oak Bancshares Tax Provision account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Live Oak's Tax Provision and Income Before Tax is 0.64. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Live Oak Bancshares, assuming nothing else is changed. The correlation between historical values of Live Oak's Tax Provision 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 Tax Provision of Live Oak Bancshares 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 Tax Provision i.e., Live Oak's Tax Provision and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Live Oak income statement and is an important metric when analyzing Live Oak Bancshares 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 Live Oak's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Live Oak Bancshares 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Oak Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At present, Live Oak's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 17.95, whereas Selling General Administrative is forecasted to decline to about 101.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense64.4M117.0M343.0M360.1M
Depreciation And Amortization21.4M20.8M21.3M12.2M

Live Oak fundamental ratios Correlations

0.30.970.78-0.080.970.850.69-0.951.00.990.740.840.990.291.00.850.990.730.981.00.29-0.63-0.780.83-0.27
0.30.210.350.90.110.130.49-0.370.270.250.270.310.291.00.30.290.250.280.190.221.0-0.21-0.370.35-0.28
0.970.210.86-0.180.950.870.7-0.930.960.970.840.910.960.20.970.90.970.840.980.970.2-0.72-0.660.89-0.09
0.780.350.860.050.690.640.83-0.870.730.770.950.940.780.340.760.970.770.950.770.750.34-0.74-0.540.990.27
-0.080.9-0.180.05-0.27-0.320.32-0.05-0.12-0.15-0.06-0.03-0.070.9-0.09-0.03-0.15-0.05-0.18-0.170.90.1-0.190.02-0.22
0.970.110.950.69-0.270.840.6-0.90.980.970.650.770.970.090.970.790.970.640.970.990.1-0.56-0.740.75-0.31
0.850.130.870.64-0.320.840.33-0.690.870.890.70.740.790.130.850.660.890.690.820.850.12-0.66-0.380.67-0.11
0.690.490.70.830.320.60.33-0.860.620.640.690.770.720.460.670.830.640.720.670.660.47-0.54-0.650.80.02
-0.95-0.37-0.93-0.87-0.05-0.9-0.69-0.86-0.92-0.93-0.76-0.88-0.97-0.35-0.94-0.92-0.93-0.76-0.92-0.94-0.350.60.82-0.90.15
1.00.270.960.73-0.120.980.870.62-0.920.990.70.810.980.261.00.810.990.690.981.00.26-0.6-0.760.79-0.31
0.990.250.970.77-0.150.970.890.64-0.930.990.740.840.980.240.990.831.00.730.970.990.24-0.64-0.730.82-0.23
0.740.270.840.95-0.060.650.70.69-0.760.70.740.940.710.260.720.930.741.00.750.710.26-0.81-0.360.930.28
0.840.310.910.94-0.030.770.740.77-0.880.810.840.940.830.310.830.950.840.940.850.820.31-0.79-0.530.940.12
0.990.290.960.78-0.070.970.790.72-0.970.980.980.710.830.270.990.850.980.70.970.990.27-0.59-0.820.83-0.27
0.291.00.20.340.90.090.130.46-0.350.260.240.260.310.270.290.270.240.270.180.21.0-0.21-0.360.34-0.26
1.00.30.970.76-0.090.970.850.67-0.941.00.990.720.830.990.290.830.990.710.981.00.29-0.61-0.780.82-0.29
0.850.290.90.97-0.030.790.660.83-0.920.810.830.930.950.850.270.830.830.920.850.830.27-0.71-0.610.980.1
0.990.250.970.77-0.150.970.890.64-0.930.991.00.740.840.980.240.990.830.730.970.990.24-0.64-0.730.82-0.23
0.730.280.840.95-0.050.640.690.72-0.760.690.731.00.940.70.270.710.920.730.750.710.27-0.82-0.350.930.3
0.980.190.980.77-0.180.970.820.67-0.920.980.970.750.850.970.180.980.850.970.750.990.18-0.65-0.760.83-0.2
1.00.220.970.75-0.170.990.850.66-0.941.00.990.710.820.990.21.00.830.990.710.990.2-0.61-0.770.81-0.27
0.291.00.20.340.90.10.120.47-0.350.260.240.260.310.271.00.290.270.240.270.180.2-0.21-0.360.34-0.27
-0.63-0.21-0.72-0.740.1-0.56-0.66-0.540.6-0.6-0.64-0.81-0.79-0.59-0.21-0.61-0.71-0.64-0.82-0.65-0.61-0.210.23-0.72-0.23
-0.78-0.37-0.66-0.54-0.19-0.74-0.38-0.650.82-0.76-0.73-0.36-0.53-0.82-0.36-0.78-0.61-0.73-0.35-0.76-0.77-0.360.23-0.620.36
0.830.350.890.990.020.750.670.8-0.90.790.820.930.940.830.340.820.980.820.930.830.810.34-0.72-0.620.19
-0.27-0.28-0.090.27-0.22-0.31-0.110.020.15-0.31-0.230.280.12-0.27-0.26-0.290.1-0.230.3-0.2-0.27-0.27-0.230.360.19
Click cells to compare fundamentals

Live Oak Account Relationship Matchups

Live Oak fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B7.9B8.2B9.9B11.3B11.8B
Short Long Term Debt Total2.6M1.5B318.3M133.2M23.4M22.2M
Total Stockholder Equity532.4M567.9M715.1M811.0M902.7M947.8M
Property Plant And Equipment Net281.5M259.3M240.2M263.3M257.9M165.5M
Net Debt(131.4M)1.2B126.3M(151.0M)(559.4M)(531.5M)
Retained Earnings180.3M235.7M400.9M572.5M642.8M675.0M
Cash134.0M303.7M192.0M284.2M582.8M611.9M
Non Current Assets Total821.6M1.0B1.1B1.3B257.9M479.4M
Non Currrent Assets Other(821.6M)(1.0B)(1.1B)(1.3B)(1.1B)(1.1B)
Other Assets3.3B5.8B6.0B7.3B9.3B9.8B
Cash And Short Term Investments674.0M1.1B1.1B1.3B1.7B1.8B
Common Stock Total Equity340.4M310.6M312.3M330.9M380.5M227.8M
Common Stock Shares Outstanding41.4M41.1M41.8M45.1M45.1M40.1M
Short Term Investments540.0M750.1M906.1M1.0B1.1B1.2B
Liabilities And Stockholders Equity4.8B7.9B8.2B9.9B11.3B11.8B
Non Current Liabilities Total2.6M1.5B318.3M50M23.4M22.2M
Total Liab4.3B7.3B7.5B9.0B10.7B11.2B
Property Plant And Equipment Gross281.5M259.3M317.6M360.1M355.0M188.4M
Total Current Assets674.0M1.1B1.1B1.3B1.7B1.8B
Accumulated Other Comprehensive Income11.7M21.5M1.9M(92.3M)(84.7M)(80.5M)
Common Stock340.4M310.6M312.3M330.9M344.6M239.4M
Other Liab50.8M49.5M67.9M73.8M84.8M89.1M
Accounts Payable4.2B5.7B7.1B8.9B10.2B10.7B
Long Term Debt14K1.5B318.3M83.2M23.4M22.2M
Inventory1.1M5.6M5.1M620K558K530.1K
Intangible Assets3.9M3.0M2.3M1.9M1.4M1.3M
Property Plant Equipment280.9M259.3M240.2M263.3M302.8M178.2M
Other Current Liab4.3B(14.5M)(8M)(50M)(45M)(42.8M)
Total Current Liabilities2.6M14.5M8M50M5.3M5.0M
Net Tangible Assets532.4M567.9M715.1M811.0M932.7M497.6M
Other Current Assets(547.3M)(756.6M)(910.8M)(1.0B)(916.8M)(871.0M)
Other Stockholder Equity11.7M21.5M1.9M(92.3M)(83.1M)(78.9M)
Long Term Investments540.0M7.0B906.1M1.0B1.1B1.2B
Short Long Term Debt853K1.4M14.5M8M50M0.0
Short Term Debt2.6M14.5M8M50M45M47.3M
Retained Earnings Total Equity180.3M235.7M400.9M572.5M658.4M691.3M
Long Term Debt Total23K1.5B318.3M83.2M95.7M90.9M

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When determining whether Live Oak Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Live Oak'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 Live Oak Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Live Oak Bancshares Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Oak Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Live Oak'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 Live Oak. If investors know Live 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 Live Oak 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
65.571
Dividend Share
0.12
Earnings Share
2.23
Revenue Per Share
9.198
Quarterly Revenue Growth
0.221
The market value of Live Oak Bancshares is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Oak's value that differs from its market value or its book value, called intrinsic value, which is Live Oak'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 Live Oak's market value can be influenced by many factors that don't directly affect Live Oak'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 Live Oak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Oak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Oak'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.