Cloud Income Tax Expense vs Research Development Analysis

002306 Stock   3.01  0.16  5.05%   
Cloud Live financial indicator trend analysis is way more than just evaluating Cloud Live Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cloud Live Technology is a good investment. Please check the relationship between Cloud Live Income Tax Expense and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cloud Live Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Tax Expense vs Research Development

Income Tax Expense vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cloud Live Technology Income Tax Expense account and Research Development. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cloud Live's Income Tax Expense and Research Development is 0.58. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Research Development in the same time period over historical financial statements of Cloud Live Technology, assuming nothing else is changed. The correlation between historical values of Cloud Live's Income Tax Expense and Research Development 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 Tax Expense of Cloud Live Technology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Tax Expense i.e., Cloud Live's Income Tax Expense and Research Development go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Research Development

Most indicators from Cloud Live's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cloud Live Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cloud Live Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of January 3, 2025, Selling General Administrative is expected to decline to about 50.3 M. The current year's Tax Provision is expected to grow to about (1.3 M)
 2022 2023 2024 2025 (projected)
Gross Profit63.8M968.1K871.3K827.8K
Research Development1.7M544.4K490.0K465.5K

Cloud Live fundamental ratios Correlations

0.720.840.890.610.870.80.930.830.860.930.850.31-0.40.93-0.36-0.480.76-0.1-0.390.38-0.01-0.010.080.29-0.1
0.720.590.580.460.860.580.740.950.880.740.790.07-0.280.9-0.24-0.290.83-0.54-0.560.32-0.5-0.49-0.39-0.09-0.52
0.840.590.520.280.80.460.670.680.70.720.920.75-0.170.76-0.19-0.460.610.14-0.340.450.350.350.440.590.2
0.890.580.520.780.70.910.890.70.760.890.53-0.11-0.570.8-0.52-0.390.68-0.21-0.350.29-0.23-0.23-0.150.04-0.26
0.610.460.280.780.580.70.640.540.710.590.28-0.28-0.920.55-0.82-0.360.75-0.31-0.420.26-0.27-0.27-0.170.07-0.31
0.870.860.80.70.580.730.790.880.950.840.860.3-0.460.93-0.45-0.560.89-0.2-0.450.52-0.18-0.18-0.080.15-0.23
0.80.580.460.910.70.730.740.660.710.770.49-0.16-0.480.74-0.41-0.430.61-0.15-0.290.41-0.27-0.26-0.22-0.08-0.23
0.930.740.670.890.640.790.740.80.830.930.750.09-0.440.91-0.38-0.430.79-0.28-0.410.3-0.25-0.25-0.160.08-0.3
0.830.950.680.70.540.880.660.80.920.80.830.13-0.350.94-0.29-0.280.84-0.45-0.580.32-0.37-0.37-0.250.07-0.44
0.860.880.70.760.710.950.710.830.920.860.810.14-0.580.94-0.56-0.510.97-0.36-0.520.36-0.32-0.32-0.210.09-0.38
0.930.740.720.890.590.840.770.930.80.860.740.16-0.420.92-0.46-0.460.79-0.23-0.410.35-0.22-0.22-0.130.09-0.27
0.850.790.920.530.280.860.490.750.830.810.740.58-0.10.88-0.07-0.460.72-0.08-0.390.380.040.040.140.34-0.04
0.310.070.75-0.11-0.280.3-0.160.090.130.140.160.580.240.210.18-0.260.060.480.030.190.750.750.780.740.61
-0.4-0.28-0.17-0.57-0.92-0.46-0.48-0.44-0.35-0.58-0.42-0.10.24-0.350.950.32-0.660.250.36-0.20.190.190.11-0.110.32
0.930.90.760.80.550.930.740.910.940.940.920.880.21-0.35-0.32-0.450.86-0.32-0.460.32-0.29-0.29-0.190.08-0.34
-0.36-0.24-0.19-0.52-0.82-0.45-0.41-0.38-0.29-0.56-0.46-0.070.180.95-0.320.34-0.650.210.35-0.240.170.170.1-0.10.29
-0.48-0.29-0.46-0.39-0.36-0.56-0.43-0.43-0.28-0.51-0.46-0.46-0.260.32-0.450.34-0.52-0.280.25-0.41-0.05-0.050.00.13-0.09
0.760.830.610.680.750.890.610.790.840.970.790.720.06-0.660.86-0.65-0.52-0.4-0.540.37-0.39-0.39-0.270.03-0.45
-0.1-0.540.14-0.21-0.31-0.2-0.15-0.28-0.45-0.36-0.23-0.080.480.25-0.320.21-0.28-0.40.370.360.720.710.630.330.78
-0.39-0.56-0.34-0.35-0.42-0.45-0.29-0.41-0.58-0.52-0.41-0.390.030.36-0.460.350.25-0.540.37-0.360.290.290.230.050.35
0.380.320.450.290.260.520.410.30.320.360.350.380.19-0.20.32-0.24-0.410.370.36-0.360.040.050.060.090.21
-0.01-0.50.35-0.23-0.27-0.18-0.27-0.25-0.37-0.32-0.220.040.750.19-0.290.17-0.05-0.390.720.290.041.00.980.80.87
-0.01-0.490.35-0.23-0.27-0.18-0.26-0.25-0.37-0.32-0.220.040.750.19-0.290.17-0.05-0.390.710.290.051.00.980.80.87
0.08-0.390.44-0.15-0.17-0.08-0.22-0.16-0.25-0.21-0.130.140.780.11-0.190.10.0-0.270.630.230.060.980.980.90.83
0.29-0.090.590.040.070.15-0.080.080.070.090.090.340.74-0.110.08-0.10.130.030.330.050.090.80.80.90.6
-0.1-0.520.2-0.26-0.31-0.23-0.23-0.3-0.44-0.38-0.27-0.040.610.32-0.340.29-0.09-0.450.780.350.210.870.870.830.6
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Cloud Live Account Relationship Matchups

Cloud Live fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets216.0M184.8M197.7M678.3M610.4M543.2M
Other Current Liab110.8M64.5M329.6K305.0K274.5K260.8K
Total Current Liabilities170.4M90.3M124.4M425.2M382.7M401.8M
Total Stockholder Equity41.1M89.3M67.5M25.3M22.8M21.7M
Retained Earnings(1.1B)(1.1B)(1.2B)(1.3B)(1.1B)(1.1B)
Accounts Payable51.2M17.1M20.3M26.8M24.1M39.2M
Cash118.7M38.3M103.3M34.8M31.3M29.7M
Other Assets6.4M7.0M5.6M10.2M9.2M8.7M
Net Receivables14.5M5.9M16.4M13.3M12.0M11.4M
Inventory754.5K235.9K324.3K298.0K268.2K254.8K
Other Current Assets37.0M38.0M22.2M35.0M31.5M29.9M
Total Liab175.2M95.7M130.3M521.8M469.6M263.0M
Property Plant Equipment4.0M9.5M8.4M4.0M3.6M3.4M
Net Tangible Assets8.1M(6.4M)25.0M73.0M83.9M88.1M
Deferred Long Term Liab4.9M6.0M4.0M3.6M4.2M3.9M
Total Current Assets185.9M150.1M161.4M125.9M144.8M129.6M
Non Current Assets Total30.1M34.6M36.3M552.3M635.2M666.9M
Non Currrent Assets Other601.9K9.0M800K196.4M225.9M237.2M
Non Current Liabilities Total4.8M5.5M5.9M96.6M111.1M116.6M
Non Current Liabilities Other19.4M4.8M5.5M32.3M37.2M39.0M
Net Invested Capital41.1M89.3M70.5M37.4M43.1M45.2M
Net Working Capital15.5M59.9M37.0M(299.2M)(269.3M)(255.8M)
Property Plant And Equipment Net8.4M4.0M3.7M288.1M331.3M347.8M
Property Plant And Equipment Gross24.6M20.6M17.6M302.5M347.9M365.3M

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Other Information on Investing in Cloud Stock

Balance Sheet is a snapshot of the financial position of Cloud Live Technology at a specified time, usually calculated after every quarter, six months, or one year. Cloud Live Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cloud Live and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cloud currently owns. An asset can also be divided into two categories, current and non-current.