McDonalds Ebit vs Income Before Tax Analysis
MCD Stock | USD 275.00 7.05 2.63% |
McDonalds financial indicator trend analysis is infinitely more than just investigating McDonalds recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McDonalds is a good investment. Please check the relationship between McDonalds Ebit and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McDonalds. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.
Ebit vs Income Before Tax
Ebit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McDonalds Ebit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between McDonalds' Ebit and Income Before Tax is 0.92. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of McDonalds, assuming nothing else is changed. The correlation between historical values of McDonalds' Ebit 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 Ebit of McDonalds 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 Ebit i.e., McDonalds' Ebit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on McDonalds income statement and is an important metric when analyzing McDonalds 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 McDonalds' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McDonalds 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 McDonalds. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.At present, McDonalds' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 227 B, whereas Selling General Administrative is forecasted to decline to about 2.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.6B | 13.2B | 14.2B | 8.7B | Total Revenue | 23.2B | 23.2B | 25.5B | 18.3B |
McDonalds fundamental ratios Correlations
Click cells to compare fundamentals
McDonalds Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McDonalds fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 47.5B | 52.6B | 53.6B | 50.4B | 56.1B | 28.8B | |
Short Long Term Debt Total | 46.9B | 48.5B | 48.6B | 48.7B | 50.2B | 52.7B | |
Other Current Liab | 1.3B | 1.8B | 1.6B | 1.4B | 2.1B | 1.2B | |
Total Current Liabilities | 3.6B | 6.2B | 4.0B | 3.8B | 6.9B | 7.2B | |
Total Stockholder Equity | (8.2B) | (7.8B) | (4.6B) | (6.0B) | (4.7B) | (4.5B) | |
Property Plant And Equipment Net | 37.4B | 38.8B | 38.3B | 36.3B | 38.4B | 21.1B | |
Net Debt | 46.0B | 45.1B | 43.9B | 46.1B | 45.6B | 47.9B | |
Retained Earnings | 52.9B | 53.9B | 57.5B | 59.5B | 63.5B | 66.7B | |
Cash | 898.5M | 3.4B | 4.7B | 2.6B | 4.6B | 4.8B | |
Non Current Assets Total | 44.0B | 46.4B | 46.5B | 45.0B | 48.2B | 25.5B | |
Non Currrent Assets Other | 6.5B | 7.6B | 8.2B | 2.7B | 3.9B | 4.1B | |
Cash And Short Term Investments | 898.5M | 3.4B | 4.7B | 2.6B | 4.6B | 4.8B | |
Net Receivables | 2.2B | 2.1B | 1.9B | 2.1B | 2.5B | 2.6B | |
Common Stock Shares Outstanding | 764.9M | 750.1M | 751.8M | 741.3M | 732.3M | 956.0M | |
Liabilities And Stockholders Equity | 47.5B | 52.6B | 53.6B | 50.4B | 56.1B | 28.8B | |
Non Current Liabilities Total | 52.1B | 54.3B | 54.2B | 52.6B | 54.0B | 56.7B | |
Other Current Assets | 435.2M | 683.8M | 566.9M | 725.4M | 919.1M | 476.4M | |
Other Stockholder Equity | (58.7B) | (59.2B) | (59.6B) | (63.1B) | (65.7B) | (62.5B) | |
Total Liab | 55.7B | 60.5B | 58.2B | 56.4B | 60.9B | 63.9B | |
Total Current Assets | 3.6B | 6.2B | 7.1B | 5.4B | 8.0B | 8.4B | |
Short Term Debt | 680.1M | 2.9B | 705.5M | 661.1M | 2.9B | 1.8B | |
Intangible Assets | 3.3B | 3.5B | 3.6B | 3.8B | 836M | 794.2M | |
Accounts Payable | 988.2M | 741.3M | 1.0B | 980.2M | 1.1B | 806.9M | |
Good Will | 2.7B | 2.8B | 2.8B | 2.9B | 3.0B | 2.3B | |
Property Plant And Equipment Gross | 37.4B | 38.8B | 41.9B | 41.0B | 57.1B | 59.9B | |
Accumulated Other Comprehensive Income | (2.5B) | (2.6B) | (2.6B) | (2.5B) | (2.5B) | (2.6B) | |
Other Liab | 5.2B | 5.8B | 5.5B | 4.5B | 5.2B | 2.7B | |
Other Assets | 2.6B | 2.1B | 8.2B | 8.7B | 10.0B | 10.5B | |
Long Term Debt | 34.1B | 35.2B | 35.6B | 35.9B | 37.2B | 20.4B | |
Treasury Stock | (66.3B) | (67.1B) | (67.8B) | (71.6B) | (64.5B) | (61.2B) | |
Property Plant Equipment | 24.2B | 25.0B | 38.3B | 36.3B | 41.8B | 25.4B | |
Current Deferred Revenue | 660.6M | 702M | 738.3M | 757.8M | 790.1M | 776.1M | |
Net Tangible Assets | 1.9B | 2.7B | (4.6B) | 3.2B | 2.9B | 3.3B | |
Retained Earnings Total Equity | 52.9B | 53.9B | 57.5B | 59.5B | 68.5B | 47.0B | |
Short Term Investments | 14M | 1.3B | 300K | 4.3M | 4.9M | 4.7M | |
Long Term Debt Total | 34.1B | 35.2B | 35.6B | 35.9B | 41.3B | 26.6B | |
Capital Surpluse | 7.7B | 7.9B | 8.2B | 8.5B | 9.8B | 7.4B | |
Deferred Long Term Liab | 2.0B | 2.7B | 2.8B | 2.8B | 3.2B | 1.9B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McDonalds. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.Note that the McDonalds information on this page should be used as a complementary analysis to other McDonalds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running McDonalds' price analysis, check to measure McDonalds' 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 McDonalds is operating at the current time. Most of McDonalds' value examination focuses on studying past and present price action to predict the probability of McDonalds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McDonalds' price. Additionally, you may evaluate how the addition of McDonalds to your portfolios can decrease your overall portfolio volatility.
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Is McDonalds' 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 McDonalds. If investors know McDonalds 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 McDonalds 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 0.085 | Dividend Share 6.38 | Earnings Share 11.76 | Revenue Per Share 35.513 | Quarterly Revenue Growth 0.046 |
The market value of McDonalds is measured differently than its book value, which is the value of McDonalds that is recorded on the company's balance sheet. Investors also form their own opinion of McDonalds' value that differs from its market value or its book value, called intrinsic value, which is McDonalds' 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 McDonalds' market value can be influenced by many factors that don't directly affect McDonalds' 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 McDonalds' value and its price as these two are different measures arrived at by different means. Investors typically determine if McDonalds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McDonalds' 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.