| 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 Income Before Tax and its Total Revenue 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.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AP Moeller Maersk Income Before Tax account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AP Moeller's Income Before Tax and Total Revenue is 0.84. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue 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 Income Before Tax and Total Revenue 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 AP Moeller Maersk AS are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., AP Moeller's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on AP Moeller income statement and is an important metric when analyzing AP Moeller Maersk 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.
Total Revenue
Total revenue comprises all receipts AP Moeller Maersk generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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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