RPC Operating Income vs Income Before Tax Analysis

RES Stock  USD 5.40  0.06  1.12%   
RPC financial indicator trend analysis is much more than just breaking down RPC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RPC Inc is a good investment. Please check the relationship between RPC Operating Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in banks.

Operating Income vs Income Before Tax

Operating Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RPC Inc Operating Income account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between RPC's Operating Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of RPC Inc, assuming nothing else is changed. The correlation between historical values of RPC's Operating 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 Operating Income of RPC Inc 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 Operating Income i.e., RPC's Operating Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from RPC Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of RPC Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on RPC income statement and is an important metric when analyzing RPC Inc 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 RPC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RPC Inc 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 Equity Center to better understand how to build diversified portfolios, which includes a position in RPC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in banks.
At this time, RPC's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 4.55 in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense614K341K724K687.8K
Depreciation And Amortization83.0M108.1M132.6M86.8M

RPC fundamental ratios Correlations

0.580.740.920.940.810.10.940.210.830.30.210.75-0.270.690.780.54-0.720.770.710.920.430.790.630.470.64
0.580.680.620.270.660.750.28-0.390.62-0.12-0.390.710.120.940.460.49-0.220.910.170.440.360.730.040.970.06
0.740.680.740.560.730.370.55-0.070.72-0.2-0.070.720.130.790.620.46-0.280.830.50.650.430.770.250.640.23
0.920.620.740.810.630.130.810.230.650.160.230.8-0.260.650.620.56-0.620.770.630.950.280.840.490.560.49
0.940.270.560.810.65-0.221.00.440.70.460.440.58-0.40.40.720.43-0.770.510.760.910.350.610.720.140.73
0.810.660.730.630.650.490.66-0.30.990.04-0.30.740.220.840.90.47-0.510.870.360.550.570.780.570.590.57
0.10.750.370.13-0.220.49-0.2-0.890.42-0.45-0.890.530.520.730.30.30.070.66-0.41-0.10.220.49-0.130.82-0.08
0.940.280.550.811.00.66-0.20.420.710.450.420.59-0.380.410.740.44-0.790.510.750.910.350.620.740.140.74
0.21-0.39-0.070.230.44-0.3-0.890.42-0.230.541.0-0.29-0.68-0.41-0.2-0.08-0.21-0.340.710.41-0.19-0.240.15-0.470.1
0.830.620.720.650.70.990.420.71-0.230.1-0.230.750.220.810.920.49-0.570.850.390.590.530.790.640.550.64
0.3-0.12-0.20.160.460.04-0.450.450.540.10.54-0.11-0.47-0.130.14-0.02-0.44-0.10.520.31-0.04-0.140.43-0.20.41
0.21-0.39-0.070.230.44-0.3-0.890.421.0-0.230.54-0.29-0.68-0.41-0.2-0.08-0.21-0.340.710.41-0.19-0.240.15-0.470.1
0.750.710.720.80.580.740.530.59-0.290.75-0.11-0.290.250.760.790.62-0.580.860.170.730.320.970.540.690.56
-0.270.120.13-0.26-0.40.220.52-0.38-0.680.22-0.47-0.680.250.20.250.080.170.22-0.56-0.340.050.210.090.220.05
0.690.940.790.650.40.840.730.41-0.410.81-0.13-0.410.760.20.640.52-0.30.970.270.480.460.790.210.910.22
0.780.460.620.620.720.90.30.74-0.20.920.14-0.20.790.250.640.37-0.670.720.270.630.510.80.80.380.81
0.540.490.460.560.430.470.30.44-0.080.49-0.02-0.080.620.080.520.37-0.50.570.220.530.080.570.310.470.31
-0.72-0.22-0.28-0.62-0.77-0.510.07-0.79-0.21-0.57-0.44-0.21-0.580.17-0.3-0.67-0.5-0.41-0.36-0.73-0.01-0.52-0.87-0.14-0.9
0.770.910.830.770.510.870.660.51-0.340.85-0.1-0.340.860.220.970.720.57-0.410.30.610.440.890.350.880.35
0.710.170.50.630.760.36-0.410.750.710.390.520.710.17-0.560.270.270.22-0.360.30.70.170.240.290.080.25
0.920.440.650.950.910.55-0.10.910.410.590.310.410.73-0.340.480.630.53-0.730.610.70.240.750.610.340.61
0.430.360.430.280.350.570.220.35-0.190.53-0.04-0.190.320.050.460.510.08-0.010.440.170.240.470.070.220.09
0.790.730.770.840.610.780.490.62-0.240.79-0.14-0.240.970.210.790.80.57-0.520.890.240.750.470.50.680.51
0.630.040.250.490.720.57-0.130.740.150.640.430.150.540.090.210.80.31-0.870.350.290.610.070.5-0.010.99
0.470.970.640.560.140.590.820.14-0.470.55-0.2-0.470.690.220.910.380.47-0.140.880.080.340.220.68-0.010.0
0.640.060.230.490.730.57-0.080.740.10.640.410.10.560.050.220.810.31-0.90.350.250.610.090.510.990.0
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RPC Account Relationship Matchups

RPC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets790.5M864.4M1.1B1.3B1.4B1.5B
Short Long Term Debt Total30.3M46.3M30.2M27.2M32.9M51.4M
Other Current Liab16.2M722K37.1M43.1M41.0M28.3M
Total Current Liabilities79.6M130.8M178.6M151.9M181.9M191.0M
Total Stockholder Equity631.6M641.8M857.7M1.0B1.1B1.1B
Property Plant And Equipment Net291.7M299.3M362.0M460.7M545.4M305.4M
Net Debt(54.2M)(36.1M)(96.2M)(196.1M)(293.1M)(278.4M)
Retained Earnings627.8M640.9M856.0M1.0B1.1B1.1B
Cash84.5M82.4M126.4M223.3M326.0M342.3M
Non Current Assets Total362.1M372.4M425.7M559.8M653.6M342.8M
Non Currrent Assets Other38.3M40.9M(7.0M)35.4M43.6M45.8M
Cash And Short Term Investments84.5M82.4M126.4M223.3M326.0M342.3M
Net Receivables244.7M317.1M459.0M377.2M280.9M189.5M
Common Stock Shares Outstanding212.5M213.0M213.3M212.9M211.4M172.8M
Liabilities And Stockholders Equity790.5M864.4M1.1B1.3B1.4B1.5B
Non Current Liabilities Total79.4M91.7M92.7M140.2M126.3M102.4M
Inventory82.9M79.0M97.1M110.9M107.6M55.8M
Other Current Assets16.2M13.5M20.8M15.7M18.3M14.7M
Other Stockholder Equity(17.7M)(20.7M)(19.9M)(1.0)(2.8M)(2.7M)
Total Liab158.9M222.6M271.3M264.3M308.2M187.1M
Property Plant And Equipment Gross291.7M299.3M362.0M1.3B1.4B1.5B
Total Current Assets428.4M492.0M703.3M727.1M732.8M769.5M
Accumulated Other Comprehensive Income(17.7M)(20.7M)(19.9M)(2.4M)(2.8M)(3.0M)
Accounts Payable41.1M74.4M115.2M85.0M84.5M55.2M
Common Stock Total Equity21.5M21.4M21.5M21.6M24.8M14.8M
Short Term Debt18.4M53.2M21.5M7.7M10.6M10.1M
Common Stock21.5M21.6M21.7M21.5M21.5M15.9M
Other Liab93.1M58.3M72.0M73.2M84.1M59.2M
Other Assets164.8M197.9M31.6M35.4M43.6M37.1M
Property Plant Equipment264.4M299.3M362.0M460.7M545.4M452.7M
Net Tangible Assets798.2M599.4M609.6M825.6M743.0M653.5M
Retained Earnings Total Equity947.7M832.1M627.8M640.9M737.1M735.9M
Deferred Long Term Liab37.3M13.3M200K300K270K256.5K
Non Current Liabilities Other66.0M7.1M5.4M7.8M9.1M8.6M
Cash And Equivalents84.5M82.4M126.4M223.3M326.0M342.3M

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