0O76 Stock | | | 10,980 70.00 0.63% |
AP Moeller financial indicator trend analysis is way more than just evaluating AP Moeller Maersk prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AP Moeller Maersk is a good investment. Please check the relationship between AP Moeller Extraordinary Items and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AP Moeller Maersk AS. 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.
Extraordinary Items vs Income Tax Expense
Extraordinary Items vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AP Moeller Maersk Extraordinary Items account and
Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between AP Moeller's Extraordinary Items and Income Tax Expense is 0.05. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of AP Moeller Maersk AS, assuming nothing else is changed. The correlation between historical values of AP Moeller's Extraordinary Items and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of AP Moeller Maersk AS are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Extraordinary Items i.e., AP Moeller's Extraordinary Items and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Extraordinary Items
Income Tax Expense
Most indicators from AP Moeller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AP Moeller Maersk 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 AP Moeller Maersk AS. 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.
Selling General Administrative is likely to gain to about 1.5
B in 2024, whereas
Tax Provision is likely to drop slightly above 363.7
M in 2024.
AP Moeller fundamental ratios Correlations
Click cells to compare fundamentals
AP Moeller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AP Moeller fundamental ratios Accounts
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