Mercury Net Income vs Income Before Tax Analysis

MRCY Stock

USD 31.56 0.33 1.06%

Mercury Systems financial indicator trend analysis is infinitely more than just investigating Mercury Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury Systems is a good investment. Please check the relationship between Mercury Systems Net Income and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury Systems. 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 more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.

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 Mercury Systems Net Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Mercury Systems' 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 Mercury Systems, assuming nothing else is changed. The correlation between historical values of Mercury Systems' 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 Mercury Systems 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., Mercury Systems' Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Mercury Systems financial statement analysis. It represents the amount of money remaining after all of Mercury Systems 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 Mercury Systems income statement and is an important metric when analyzing Mercury Systems 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 Mercury Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury Systems 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 Mercury Systems. 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 more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.At this time, Mercury Systems' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.29 in 2024, whereas Discontinued Operations is likely to drop (4.9 M) in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	395.0M	316.7M	364.2M	182.5M
Total Revenue	988.2M	973.9M	1.1B	1.2B

Gross Profit Total Revenue

Mercury Systems fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Common Stock Total Equity	Short Term Investments	Short Term Debt	Common Stock
Total Assets		0.18	0.98	0.98	0.97	0.8	0.98	0.96	0.24	1.0	-0.25	0.29	0.97	0.77	0.92	0.99	0.26	0.13	0.95	0.97	0.99	0.83	0.74	-0.09	0.14	0.74
Other Current Liab	0.18		0.02	0.29	0.24	-0.22	0.29	0.0	0.51	0.22	-0.09	0.48	-0.01	0.48	-0.06	0.03	0.03	0.96	-0.04	0.24	0.1	-0.23	0.48	-0.14	-0.02	0.48
Total Current Liabilities	0.98	0.02		0.94	0.95	0.86	0.95	0.99	0.13	0.97	-0.23	0.19	0.99	0.69	0.95	1.0	0.28	-0.03	0.97	0.95	0.99	0.89	0.66	-0.07	0.14	0.66
Total Stockholder Equity	0.98	0.29	0.94		0.95	0.67	0.98	0.91	0.39	0.98	-0.25	0.43	0.92	0.81	0.83	0.95	0.21	0.27	0.87	0.95	0.97	0.72	0.8	-0.12	0.12	0.8
Property Plant And Equipment Net	0.97	0.24	0.95	0.95		0.77	0.99	0.92	0.19	0.97	-0.19	0.23	0.94	0.76	0.89	0.96	0.33	0.19	0.91	1.0	0.95	0.78	0.7	-0.01	0.06	0.7
Net Debt	0.8	-0.22	0.86	0.67	0.77		0.73	0.88	-0.35	0.8	-0.12	-0.3	0.89	0.44	0.96	0.85	0.35	-0.32	0.95	0.77	0.78	0.94	0.38	0.02	0.22	0.38
Retained Earnings	0.98	0.29	0.95	0.98	0.99	0.73		0.92	0.29	0.98	-0.26	0.34	0.94	0.8	0.87	0.96	0.3	0.24	0.9	0.99	0.97	0.77	0.76	-0.1	0.07	0.76
Accounts Payable	0.96	0.0	0.99	0.91	0.92	0.88	0.92		0.07	0.95	-0.18	0.13	0.99	0.65	0.96	0.98	0.31	-0.06	0.98	0.92	0.97	0.91	0.62	-0.03	0.13	0.62
Cash	0.24	0.51	0.13	0.39	0.19	-0.35	0.29	0.07		0.21	-0.27	0.99	0.07	0.41	-0.1	0.14	-0.16	0.59	-0.04	0.19	0.27	-0.22	0.47	-0.19	-0.28	0.47
Non Current Assets Total	1.0	0.22	0.97	0.98	0.97	0.8	0.98	0.95	0.21		-0.24	0.26	0.96	0.79	0.92	0.98	0.25	0.17	0.94	0.97	0.98	0.82	0.76	-0.1	0.17	0.76
Non Currrent Assets Other	-0.25	-0.09	-0.23	-0.25	-0.19	-0.12	-0.26	-0.18	-0.27	-0.24		-0.28	-0.2	-0.32	-0.2	-0.21	-0.26	-0.09	-0.21	-0.19	-0.25	-0.32	-0.43	0.89	0.03	-0.43
Cash And Short Term Investments	0.29	0.48	0.19	0.43	0.23	-0.3	0.34	0.13	0.99	0.26	-0.28		0.12	0.4	-0.04	0.19	-0.17	0.56	0.01	0.23	0.33	-0.17	0.46	-0.19	-0.26	0.46
Net Receivables	0.97	-0.01	0.99	0.92	0.94	0.89	0.94	0.99	0.07	0.96	-0.2	0.12		0.67	0.97	0.99	0.33	-0.07	0.98	0.94	0.98	0.92	0.63	-0.04	0.14	0.63
Common Stock Shares Outstanding	0.77	0.48	0.69	0.81	0.76	0.44	0.8	0.65	0.41	0.79	-0.32	0.4	0.67		0.6	0.7	0.29	0.46	0.63	0.76	0.73	0.48	0.98	-0.28	0.21	0.98
Non Current Liabilities Total	0.92	-0.06	0.95	0.83	0.89	0.96	0.87	0.96	-0.1	0.92	-0.2	-0.04	0.97	0.6		0.95	0.34	-0.14	1.0	0.89	0.91	0.94	0.55	-0.04	0.15	0.55
Inventory	0.99	0.03	1.0	0.95	0.96	0.85	0.96	0.98	0.14	0.98	-0.21	0.19	0.99	0.7	0.95		0.28	-0.02	0.97	0.96	0.99	0.88	0.67	-0.04	0.15	0.67
Other Current Assets	0.26	0.03	0.28	0.21	0.33	0.35	0.3	0.31	-0.16	0.25	-0.26	-0.17	0.33	0.29	0.34	0.28		-0.01	0.32	0.33	0.28	0.43	0.22	-0.13	-0.33	0.22
Other Stockholder Equity	0.13	0.96	-0.03	0.27	0.19	-0.32	0.24	-0.06	0.59	0.17	-0.09	0.56	-0.07	0.46	-0.14	-0.02	-0.01		-0.11	0.19	0.06	-0.31	0.48	-0.15	-0.11	0.48
Total Liab	0.95	-0.04	0.97	0.87	0.91	0.95	0.9	0.98	-0.04	0.94	-0.21	0.01	0.98	0.63	1.0	0.97	0.32	-0.11		0.91	0.94	0.94	0.58	-0.04	0.15	0.58
Property Plant And Equipment Gross	0.97	0.24	0.95	0.95	1.0	0.77	0.99	0.92	0.19	0.97	-0.19	0.23	0.94	0.76	0.89	0.96	0.33	0.19	0.91		0.95	0.78	0.7	-0.01	0.06	0.7
Total Current Assets	0.99	0.1	0.99	0.97	0.95	0.78	0.97	0.97	0.27	0.98	-0.25	0.33	0.98	0.73	0.91	0.99	0.28	0.06	0.94	0.95		0.83	0.71	-0.08	0.08	0.71
Short Long Term Debt Total	0.83	-0.23	0.89	0.72	0.78	0.94	0.77	0.91	-0.22	0.82	-0.32	-0.17	0.92	0.48	0.94	0.88	0.43	-0.31	0.94	0.78	0.83		0.46	-0.2	0.2	0.46
Common Stock Total Equity	0.74	0.48	0.66	0.8	0.7	0.38	0.76	0.62	0.47	0.76	-0.43	0.46	0.63	0.98	0.55	0.67	0.22	0.48	0.58	0.7	0.71	0.46		-0.41	0.23	1.0
Short Term Investments	-0.09	-0.14	-0.07	-0.12	-0.01	0.02	-0.1	-0.03	-0.19	-0.1	0.89	-0.19	-0.04	-0.28	-0.04	-0.04	-0.13	-0.15	-0.04	-0.01	-0.08	-0.2	-0.41		-0.27	-0.41
Short Term Debt	0.14	-0.02	0.14	0.12	0.06	0.22	0.07	0.13	-0.28	0.17	0.03	-0.26	0.14	0.21	0.15	0.15	-0.33	-0.11	0.15	0.06	0.08	0.2	0.23	-0.27		0.23
Common Stock	0.74	0.48	0.66	0.8	0.7	0.38	0.76	0.62	0.47	0.76	-0.43	0.46	0.63	0.98	0.55	0.67	0.22	0.48	0.58	0.7	0.71	0.46	1.0	-0.41	0.23

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Mercury Systems Account Relationship Matchups

Mercury Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.0B	2.3B	2.4B	2.8B	2.9B
Other Current Liab	58.1M	54.7M	68.5M	7.4M	8.5M	8.1M
Total Current Liabilities	125.9M	150.8M	193.9M	233.3M	268.3M	281.7M
Total Stockholder Equity	1.4B	1.5B	1.5B	1.6B	1.8B	1.9B
Property Plant And Equipment Net	148.4M	194.9M	193.6M	182.6M	210.0M	220.5M
Net Debt	(159.9M)	157.7M	455.7M	506.7M	582.7M	611.9M
Retained Earnings	312.5M	374.5M	385.8M	357.4M	411.1M	431.6M
Accounts Payable	41.9M	48.0M	98.7M	104.0M	119.6M	125.6M
Cash	226.8M	113.8M	65.7M	71.6M	82.3M	79.1M
Non Current Assets Total	976.0M	1.3B	1.5B	1.5B	1.7B	1.8B
Non Currrent Assets Other	4.8M	4.7M	6.2M	5.0M	4.5M	4.3M
Cash And Short Term Investments	226.8M	113.8M	65.7M	71.6M	82.3M	107.8M
Net Receivables	210.7M	291.7M	447.9M	507.3M	583.4M	612.5M
Common Stock Shares Outstanding	55.1M	55.5M	55.9M	56.6M	65.0M	35.4M
Liabilities And Stockholders Equity	1.6B	2.0B	2.3B	2.4B	2.8B	2.9B
Non Current Liabilities Total	100.0M	320.2M	572.4M	591.4M	680.1M	714.1M
Inventory	178.1M	221.6M	270.3M	337.2M	387.8M	407.2M
Other Current Assets	19.1M	15.9M	30.5M	21.0M	24.1M	14.5M
Other Stockholder Equity	1.1B	1.1B	1.1B	63K	72.5K	68.8K
Total Liab	225.9M	471.0M	766.3M	824.7M	948.4M	995.8M
Property Plant And Equipment Gross	148.4M	194.9M	193.6M	182.6M	210.0M	220.5M
Total Current Assets	634.8M	643.1M	814.3M	937.0M	1.1B	1.1B
Accumulated Other Comprehensive Income	(2.9M)	(339K)	5.5M	11.8M	13.6M	14.3M
Common Stock Total Equity	547K	552K	557K	570K	655.5K	357.5K
Common Stock	547K	552K	557K	570K	655.5K	357.5K
Other Assets	4.8M	4.7M	6.2M	35.6M	41.0M	43.0M
Property Plant Equipment	148.4M	194.9M	193.6M	119.6M	137.5M	144.4M
Other Liab	33.0M	48.7M	51.0M	13.1M	15.1M	15.8M
Current Deferred Revenue	19.0M	38.2M	15.5M	56.6M	65.0M	68.3M
Good Will	614.1M	804.9M	937.9M	938.1M	1.1B	1.1B
Intangible Assets	208.7M	307.6M	351.5M	298.1M	342.8M	359.9M
Net Tangible Assets	562.0M	371.7M	247.8M	330.5M	380.1M	282.6M
Deferred Long Term Liab	13.6M	17.8M	28.8M	32.4M	37.3M	39.1M
Non Current Liabilities Other	15.0M	12.4M	10.4M	8.0M	9.1M	10.1M

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When determining whether Mercury Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercury Systems' 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 Mercury Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercury Systems Stock:

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Is Mercury Stock a good investment?

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What is Mercury Systems' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury Systems. 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 more information on how to buy Mercury Stock please use our How to Invest in Mercury Systems guide.

Note that the Mercury Systems information on this page should be used as a complementary analysis to other Mercury Systems' 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 CEOs Directory module to screen CEOs from public companies around the world.

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When running Mercury Systems' price analysis, check to measure Mercury Systems' 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 Mercury Systems is operating at the current time. Most of Mercury Systems' value examination focuses on studying past and present price action to predict the probability of Mercury Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury Systems' price. Additionally, you may evaluate how the addition of Mercury Systems to your portfolios can decrease your overall portfolio volatility.

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Is Mercury Systems' 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 Mercury Systems. If investors know Mercury 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 Mercury Systems 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

(0.35)

Earnings Share

(2.34)

Revenue Per Share

14.615

Quarterly Revenue Growth

0.154

Return On Assets

(0.03)

The market value of Mercury Systems is measured differently than its book value, which is the value of Mercury that is recorded on the company's balance sheet. Investors also form their own opinion of Mercury Systems' value that differs from its market value or its book value, called intrinsic value, which is Mercury Systems' 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 Mercury Systems' market value can be influenced by many factors that don't directly affect Mercury Systems' 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 Mercury Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercury Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercury Systems' 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.

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Mercury Net Income vs Income Before Tax Analysis

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income

Income Before Tax

Mercury Systems fundamental ratios Correlations

Mercury Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mercury Systems fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Inventory	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 0.99	Total Assets

Common Stock	- 0.43	Non Currrent Assets Other
Common Stock Total Equity	- 0.43	Non Currrent Assets Other
Common Stock	- 0.41	Short Term Investments
Short Term Investments	- 0.41	Common Stock Total Equity
Cash	- 0.35	Net Debt
Short Term Debt	- 0.33	Other Current Assets