Guangdong Tax Provision vs Income Before Tax Analysis

200539 Stock

1.99 0.01 0.51%

Guangdong Electric financial indicator trend analysis is much more than just examining Guangdong Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Electric Power is a good investment. Please check the relationship between Guangdong Electric Tax Provision and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Electric Power Tax Provision account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Guangdong Electric's Tax Provision and Income Before Tax is 0.77. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Guangdong Electric Power, assuming nothing else is changed. The correlation between historical values of Guangdong Electric's Tax Provision 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 Tax Provision of Guangdong Electric Power 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 Tax Provision i.e., Guangdong Electric's Tax Provision and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Guangdong Electric income statement and is an important metric when analyzing Guangdong Electric Power 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 Guangdong Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Electric Power 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 Guangdong Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 1.6 B. The current year's Tax Provision is expected to grow to about 746.4 M

	2022	2024	2025 (projected)
EBITDA	2.9B	2.6B	4.2B
Interest Income	132.6M	142.9M	100.5M

Ebitda Interest Income

Guangdong Electric fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.24	0.98	0.39	-0.31	0.55	0.98	0.94	0.99	0.98	0.27	0.9	-0.25	0.99	0.91	0.52	0.93	0.23	0.24	0.08	0.67	-0.16	0.75	0.82	0.83	0.53
Other Current Liab	0.24		0.33	0.42	0.24	0.69	0.09	0.42	0.13	0.32	0.31	0.53	0.05	0.2	0.28	0.45	0.49	0.28	0.8	-0.01	0.51	0.15	0.29	0.39	0.27	0.27
Total Current Liabilities	0.98	0.33		0.33	-0.37	0.65	0.94	0.94	0.95	0.99	0.29	0.94	-0.21	0.98	0.85	0.47	0.93	0.38	0.3	0.08	0.7	-0.11	0.75	0.82	0.84	0.49
Total Stockholder Equity	0.39	0.42	0.33		0.67	0.4	0.27	0.39	0.28	0.32	0.74	0.39	-0.02	0.28	0.45	0.94	0.63	0.0	0.15	0.24	0.46	-0.14	0.44	0.43	0.29	0.58
Retained Earnings	-0.31	0.24	-0.37	0.67		-0.15	-0.41	-0.24	-0.41	-0.37	0.35	-0.28	0.15	-0.42	-0.13	0.45	-0.02	-0.37	-0.01	0.32	-0.06	-0.13	-0.15	-0.23	-0.41	0.26
Accounts Payable	0.55	0.69	0.65	0.4	-0.15		0.44	0.65	0.48	0.61	0.6	0.8	-0.06	0.55	0.44	0.54	0.66	0.61	0.67	-0.24	0.66	0.26	0.53	0.67	0.65	0.33
Cash	0.98	0.09	0.94	0.27	-0.41	0.44		0.91	0.99	0.96	0.13	0.82	-0.32	0.99	0.91	0.41	0.84	0.13	0.15	0.07	0.62	-0.17	0.73	0.81	0.84	0.5
Other Assets	0.94	0.42	0.94	0.39	-0.24	0.65	0.91		0.92	0.95	0.25	0.92	-0.32	0.94	0.92	0.49	0.9	0.19	0.42	0.06	0.79	-0.1	0.78	0.83	0.84	0.48
Long Term Debt	0.99	0.13	0.95	0.28	-0.41	0.48	0.99	0.92		0.96	0.18	0.86	-0.27	0.99	0.91	0.43	0.86	0.15	0.21	0.0	0.6	-0.13	0.71	0.81	0.83	0.48
Net Receivables	0.98	0.32	0.99	0.32	-0.37	0.61	0.96	0.95	0.96		0.22	0.91	-0.23	0.98	0.88	0.46	0.91	0.32	0.29	0.1	0.73	-0.13	0.78	0.83	0.86	0.5
Short Term Investments	0.27	0.31	0.29	0.74	0.35	0.6	0.13	0.25	0.18	0.22		0.43	0.12	0.21	0.14	0.7	0.48	0.41	0.15	-0.06	0.25	0.09	0.26	0.28	0.25	0.25
Inventory	0.9	0.53	0.94	0.39	-0.28	0.8	0.82	0.92	0.86	0.91	0.43		-0.21	0.89	0.79	0.52	0.91	0.4	0.54	-0.08	0.69	-0.06	0.68	0.8	0.76	0.47
Other Current Assets	-0.25	0.05	-0.21	-0.02	0.15	-0.06	-0.32	-0.32	-0.27	-0.23	0.12	-0.21		-0.25	-0.43	-0.02	-0.14	0.19	-0.07	-0.22	-0.46	0.39	-0.41	-0.37	-0.26	-0.34
Total Liab	0.99	0.2	0.98	0.28	-0.42	0.55	0.99	0.94	0.99	0.98	0.21	0.89	-0.25		0.89	0.43	0.89	0.25	0.24	0.03	0.65	-0.12	0.73	0.82	0.85	0.47
Intangible Assets	0.91	0.28	0.85	0.45	-0.13	0.44	0.91	0.92	0.91	0.88	0.14	0.79	-0.43	0.89		0.57	0.85	-0.11	0.34	0.11	0.72	-0.17	0.76	0.87	0.8	0.67
Common Stock	0.52	0.45	0.47	0.94	0.45	0.54	0.41	0.49	0.43	0.46	0.7	0.52	-0.02	0.43	0.57		0.71	0.05	0.29	0.04	0.52	-0.03	0.54	0.62	0.48	0.64
Property Plant Equipment	0.93	0.49	0.93	0.63	-0.02	0.66	0.84	0.9	0.86	0.91	0.48	0.91	-0.14	0.89	0.85	0.71		0.27	0.35	0.17	0.69	-0.13	0.7	0.78	0.73	0.59
Other Liab	0.23	0.28	0.38	0.0	-0.37	0.61	0.13	0.19	0.15	0.32	0.41	0.4	0.19	0.25	-0.11	0.05	0.27		0.05	0.03	0.29	0.03	0.24	0.13	0.27	-0.14
Good Will	0.24	0.8	0.3	0.15	-0.01	0.67	0.15	0.42	0.21	0.29	0.15	0.54	-0.07	0.24	0.34	0.29	0.35	0.05		-0.45	0.37	0.33	0.19	0.48	0.34	0.25
Net Tangible Assets	0.08	-0.01	0.08	0.24	0.32	-0.24	0.07	0.06	0.0	0.1	-0.06	-0.08	-0.22	0.03	0.11	0.04	0.17	0.03	-0.45		0.26	-0.43	0.25	-0.1	-0.08	0.16
Other Stockholder Equity	0.67	0.51	0.7	0.46	-0.06	0.66	0.62	0.79	0.6	0.73	0.25	0.69	-0.46	0.65	0.72	0.52	0.69	0.29	0.37	0.26		-0.17	0.87	0.78	0.8	0.49
Deferred Long Term Liab	-0.16	0.15	-0.11	-0.14	-0.13	0.26	-0.17	-0.1	-0.13	-0.13	0.09	-0.06	0.39	-0.12	-0.17	-0.03	-0.13	0.03	0.33	-0.43	-0.17		-0.38	-0.01	0.12	-0.3
Long Term Investments	0.75	0.29	0.75	0.44	-0.15	0.53	0.73	0.78	0.71	0.78	0.26	0.68	-0.41	0.73	0.76	0.54	0.7	0.24	0.19	0.25	0.87	-0.38		0.81	0.82	0.56
Short Long Term Debt	0.82	0.39	0.82	0.43	-0.23	0.67	0.81	0.83	0.81	0.83	0.28	0.8	-0.37	0.82	0.87	0.62	0.78	0.13	0.48	-0.1	0.78	-0.01	0.81		0.91	0.74
Total Current Assets	0.83	0.27	0.84	0.29	-0.41	0.65	0.84	0.84	0.83	0.86	0.25	0.76	-0.26	0.85	0.8	0.48	0.73	0.27	0.34	-0.08	0.8	0.12	0.82	0.91		0.44
Short Term Debt	0.53	0.27	0.49	0.58	0.26	0.33	0.5	0.48	0.48	0.5	0.25	0.47	-0.34	0.47	0.67	0.64	0.59	-0.14	0.25	0.16	0.49	-0.3	0.56	0.74	0.44

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Guangdong Electric Account Relationship Matchups

Guangdong Electric fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	86.0B	114.3B	131.5B	161.2B	185.4B	194.7B
Other Current Liab	8.0B	11.3B	10.3B	2.8B	3.2B	3.7B
Total Current Liabilities	27.9B	37.8B	42.0B	46.8B	53.9B	56.6B
Total Stockholder Equity	27.4B	23.2B	20.2B	22.1B	25.5B	16.9B
Retained Earnings	16.6B	11.9B	200.7M	1.3B	1.5B	1.4B
Accounts Payable	4.1B	7.3B	7.4B	5.2B	6.0B	3.1B
Cash	5.8B	8.1B	11.5B	16.4B	18.9B	19.8B
Other Assets	2.5B	3.3B	3.9B	6.4B	7.3B	7.7B
Long Term Debt	20.5B	37.6B	52.0B	67.9B	78.1B	82.0B
Net Receivables	5.3B	7.0B	7.6B	9.0B	10.3B	10.8B
Inventory	1.7B	3.0B	3.4B	2.7B	3.1B	3.2B
Other Current Assets	1.5B	2.3B	875.6M	1.5B	1.7B	1.4B
Total Liab	50.2B	81.5B	102.8B	127.3B	146.4B	153.7B
Intangible Assets	2.1B	2.7B	3.3B	3.5B	4.0B	4.2B
Property Plant Equipment	48.9B	49.4B	63.7B	70.7B	81.3B	85.4B
Other Liab	703.4M	1.2B	1.4B	1.4B	1.6B	978.2M
Net Tangible Assets	22.4B	24.3B	29.2B	20.2B	23.3B	25.4B
Other Stockholder Equity	550.0M	1.7B	2.0B	1.8B	2.0B	1.0B
Deferred Long Term Liab	22.1M	19.5M	28.3M	30.3M	27.3M	21.8M
Short Long Term Debt	7.6B	12.4B	16.3B	15.8B	18.1B	10.0B
Total Current Assets	18.4B	22.9B	25.8B	31.9B	36.7B	19.1B
Non Current Assets Total	72.4B	91.4B	105.7B	129.3B	148.7B	88.4B
Non Currrent Assets Other	3.2B	4.7B	6.6B	8.8B	10.1B	10.7B
Non Current Liabilities Total	24.9B	43.8B	60.8B	80.5B	92.5B	97.1B
Non Current Liabilities Other	201.0M	197.2M	795.7M	907.2M	1.0B	1.1B
Net Debt	22.3B	41.9B	56.7B	67.3B	77.3B	39.8B
Net Invested Capital	55.5B	73.2B	88.5B	105.8B	121.7B	75.1B
Net Working Capital	(11.8B)	(14.9B)	(16.2B)	(14.9B)	(13.4B)	(14.1B)
Property Plant And Equipment Net	56.3B	70.8B	81.5B	102.5B	117.9B	79.3B
Property Plant And Equipment Gross	98.3B	135.8B	81.5B	102.5B	117.9B	111.9B

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Other Information on Investing in Guangdong Stock

Balance Sheet is a snapshot of the financial position of Guangdong Electric Power at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Electric 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.

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Guangdong Tax Provision vs Income Before Tax Analysis

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

Correlation Coefficient

Tax Provision

Income Before Tax

Guangdong Electric fundamental ratios Correlations

Guangdong Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Electric fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

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COMPANY

Long Term Debt	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Current Liabilities
Long Term Debt	+ 0.99	Cash
Total Liab	+ 0.99	Cash
Total Liab	+ 0.99	Long Term Debt

Other Stockholder Equity	- 0.46	Other Current Assets
Net Tangible Assets	- 0.45	Good Will
Deferred Long Term Liab	- 0.43	Net Tangible Assets
Intangible Assets	- 0.43	Other Current Assets
Total Liab	- 0.42	Retained Earnings
Long Term Investments	- 0.41	Other Current Assets