Wynn Income Before Tax vs Other Operating Expenses Analysis
WYNN Stock | USD 95.75 1.48 1.52% |
Wynn Resorts financial indicator trend analysis is more than just analyzing Wynn Resorts Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wynn Resorts Limited is a good investment. Please check the relationship between Wynn Resorts Income Before Tax and its Other Operating Expenses accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Income Before Tax vs Other Operating Expenses
Income Before Tax vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wynn Resorts Limited Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Wynn Resorts' Income Before Tax and Other Operating Expenses is 0.26. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Wynn Resorts Limited, assuming nothing else is changed. The correlation between historical values of Wynn Resorts' Income Before Tax and Other Operating Expenses 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 Wynn Resorts Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Wynn Resorts' Income Before Tax and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Wynn Resorts income statement and is an important metric when analyzing Wynn Resorts Limited 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wynn Resorts Limited. It is also known as Wynn Resorts 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.Most indicators from Wynn Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wynn Resorts Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Wynn Resorts' Selling General Administrative is very stable compared to the past year. As of the 9th of May 2024, Tax Provision is likely to grow to about 9.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.3B | 2.1B | 1.3B | Total Revenue | 3.8B | 3.8B | 6.5B | 3.7B |
Wynn Resorts fundamental ratios Correlations
Click cells to compare fundamentals
Wynn Resorts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wynn Resorts fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.9B | 13.9B | 12.5B | 13.4B | 14.0B | 8.8B | |
Other Current Liab | 572.3M | 489.1M | 631.0M | 560.3M | 1.2B | 1.3B | |
Total Current Liabilities | 2.0B | 1.9B | 1.3B | 1.8B | 2.2B | 1.1B | |
Total Stockholder Equity | 1.7B | (352.0M) | (214.4M) | (750.8M) | (251.4M) | (238.8M) | |
Net Debt | 8.2B | 9.7B | 9.5B | 10.1B | 10.5B | 11.1B | |
Accounts Payable | 262.4M | 148.5M | 170.5M | 197.5M | 208.3M | 187.0M | |
Cash | 2.4B | 3.5B | 2.5B | 3.7B | 2.9B | 1.8B | |
Other Assets | 791.8M | 581.6M | 210.7M | 391.0M | 1.0 | 0.95 | |
Long Term Debt | 10.1B | 12.5B | 11.9B | 11.6B | 11.0B | 6.4B | |
Cash And Short Term Investments | 2.4B | 3.5B | 2.5B | 3.7B | 3.7B | 1.9B | |
Common Stock Shares Outstanding | 107.0M | 106.7M | 113.8M | 113.6M | 112.9M | 109.0M | |
Liabilities And Stockholders Equity | 13.9B | 13.9B | 12.5B | 13.4B | 14.0B | 8.8B | |
Inventory | 88.5M | 66.3M | 70.0M | 70.1M | 75.6M | 66.5M | |
Other Current Assets | 69.5M | 64.7M | 84.0M | 93.0M | 91.3M | 68.9M | |
Total Liab | 12.3B | 14.6B | 13.4B | 15.1B | 15.1B | 7.8B | |
Total Current Assets | 2.9B | 3.8B | 2.9B | 4.0B | 4.2B | 2.3B | |
Property Plant Equipment | 9.6B | 9.2B | 9.1B | 8.7B | 10.1B | 5.7B | |
Intangible Assets | 146.4M | 134.1M | 177.8M | 154.7M | 311.2M | 326.8M | |
Short Long Term Debt Total | 10.6B | 13.2B | 12.0B | 13.7B | 13.4B | 7.3B | |
Property Plant And Equipment Net | 10.1B | 9.6B | 9.1B | 8.7B | 8.5B | 6.4B | |
Retained Earnings | 641.8M | (1.5B) | (2.3B) | (2.7B) | (2.1B) | (2.0B) | |
Non Current Assets Total | 11.0B | 10.1B | 9.7B | 9.4B | 9.8B | 7.0B | |
Non Currrent Assets Other | 223.1M | 183.0M | 210.7M | 391.0M | 221.5M | 257.3M | |
Net Receivables | 346.4M | 200.2M | 199.5M | 216.0M | 350.4M | 202.5M | |
Common Stock Total Equity | 1.2M | 1.2M | 1.2M | 1.3M | 1.5M | 1.3M | |
Non Current Liabilities Total | 10.3B | 12.7B | 12.1B | 13.2B | 12.9B | 7.3B | |
Other Stockholder Equity | 1.1B | 1.2B | 2.1B | 2.0B | 1.8B | 1.0B | |
Property Plant And Equipment Gross | 10.1B | 9.2B | 14.9B | 14.8B | 15.1B | 15.9B | |
Accumulated Other Comprehensive Income | (1.7M) | 3.6M | 6.0M | (404K) | 3.4M | 3.6M | |
Short Term Debt | 323.9M | 596.4M | 50M | 547.5M | 732.3M | 768.9M | |
Common Stock | 1.2M | 1.2M | 1.3M | 1.3M | 1.3M | 1.3M | |
Other Liab | 86.2M | 67.6M | 33.8M | 30.2M | 34.7M | 33.0M | |
Current Deferred Revenue | 824.3M | 646.9M | 436.4M | 506.1M | 56.1M | 53.3M | |
Treasury Stock | (1.3B) | (1.4B) | (1.4B) | (1.4B) | (1.3B) | (1.4B) | |
Net Tangible Assets | 1.6B | (630.2M) | (339.4M) | (996.1M) | (896.5M) | (851.7M) | |
Noncontrolling Interest In Consolidated Entity | (219.3M) | (201.6M) | (385.3M) | (621.8M) | (559.6M) | (531.6M) | |
Retained Earnings Total Equity | 921.8M | 641.8M | (1.5B) | (2.3B) | (2.1B) | (2.0B) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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Is Wynn Resorts' 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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 21.116 | Dividend Share 0.75 | Earnings Share 7.64 | Revenue Per Share 58.049 | Quarterly Revenue Growth 0.831 |
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.