20MICRONS Cost Of Revenue vs Tax Provision Analysis

20MICRONS   254.51  1.51  0.59%   
20 Microns financial indicator trend analysis is way more than just evaluating 20 Microns Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 20 Microns Limited is a good investment. Please check the relationship between 20 Microns Cost Of Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 20 Microns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 20 Microns Limited Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 20 Microns' Cost Of Revenue and Tax Provision is 0.86. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of 20 Microns Limited, assuming nothing else is changed. The correlation between historical values of 20 Microns' Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of 20 Microns Limited are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., 20 Microns' Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on 20 Microns Limited income statement and represents the costs associated with goods and services 20 Microns provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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.
Most indicators from 20 Microns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 20 Microns Limited 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 20 Microns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 14th of December 2024, Selling General Administrative is likely to drop to about 80.9 M. In addition to that, Tax Provision is likely to drop to about 120 M
 2021 2022 2023 2024 (projected)
Interest Expense132.7M177.6M164.6M172.7M
Depreciation And Amortization136.7M138.0M143.5M102.7M

20 Microns fundamental ratios Correlations

0.34-0.180.850.750.960.150.40.970.20.410.950.68-0.260.960.190.010.660.980.740.740.050.10.70.56-0.04
0.34-0.490.60.020.470.950.140.42-0.110.10.230.640.690.32-0.140.130.780.270.250.24-0.160.2-0.10.3-0.37
-0.18-0.49-0.05-0.18-0.28-0.50.0-0.240.23-0.01-0.1-0.8-0.04-0.17-0.10.02-0.06-0.130.39-0.40.1-0.17-0.16-0.360.13
0.850.6-0.050.430.870.490.20.860.230.180.740.510.170.86-0.010.030.940.80.760.660.120.130.330.44-0.17
0.750.02-0.180.430.67-0.150.740.680.120.760.770.56-0.590.70.25-0.020.230.780.540.630.05-0.050.990.490.03
0.960.47-0.280.870.670.330.290.990.130.290.890.73-0.10.910.12-0.090.730.90.690.740.040.10.60.56-0.03
0.150.95-0.50.49-0.150.33-0.10.28-0.12-0.140.020.510.770.17-0.160.070.710.060.060.22-0.060.24-0.270.2-0.33
0.40.140.00.20.740.29-0.10.280.01.00.460.33-0.280.30.050.110.160.470.490.14-0.21-0.180.720.34-0.15
0.970.42-0.240.860.680.990.280.280.260.290.890.69-0.140.910.22-0.070.710.910.70.740.00.130.620.550.01
0.2-0.110.230.230.120.13-0.120.00.260.010.14-0.12-0.160.140.560.220.140.140.150.170.0-0.130.150.00.37
0.410.1-0.010.180.760.29-0.141.00.290.010.480.34-0.340.30.090.10.120.480.480.15-0.2-0.190.750.32-0.12
0.950.23-0.10.740.770.890.020.460.890.140.480.61-0.350.880.27-0.040.540.950.750.6-0.01-0.030.720.380.08
0.680.64-0.80.510.560.730.510.330.69-0.120.340.61-0.030.610.210.110.460.640.210.63-0.130.210.50.56-0.18
-0.260.69-0.040.17-0.59-0.10.77-0.28-0.14-0.16-0.34-0.35-0.03-0.24-0.280.010.48-0.33-0.01-0.26-0.140.17-0.68-0.02-0.29
0.960.32-0.170.860.70.910.170.30.910.140.30.880.61-0.240.10.00.680.960.670.830.230.120.640.55-0.08
0.19-0.14-0.1-0.010.250.12-0.160.050.220.560.090.270.21-0.280.10.4-0.110.150.070.2-0.22-0.150.290.020.59
0.010.130.020.03-0.02-0.090.070.11-0.070.220.1-0.040.110.010.00.40.030.060.00.00.12-0.09-0.02-0.180.1
0.660.78-0.060.940.230.730.710.160.710.140.120.540.460.480.68-0.110.030.590.680.50.060.160.110.41-0.26
0.980.27-0.130.80.780.90.060.470.910.140.480.950.64-0.330.960.150.060.590.740.720.090.070.720.54-0.08
0.740.250.390.760.540.690.060.490.70.150.480.750.21-0.010.670.070.00.680.740.33-0.090.080.470.32-0.12
0.740.24-0.40.660.630.740.220.140.740.170.150.60.63-0.260.830.20.00.50.720.330.310.120.590.72-0.01
0.05-0.160.10.120.050.04-0.06-0.210.00.0-0.2-0.01-0.13-0.140.23-0.220.120.060.09-0.090.31-0.060.05-0.14-0.07
0.10.2-0.170.13-0.050.10.24-0.180.13-0.13-0.19-0.030.210.170.12-0.15-0.090.160.070.080.12-0.06-0.080.23-0.77
0.7-0.1-0.160.330.990.6-0.270.720.620.150.750.720.5-0.680.640.29-0.020.110.720.470.590.05-0.080.450.09
0.560.3-0.360.440.490.560.20.340.550.00.320.380.56-0.020.550.02-0.180.410.540.320.72-0.140.230.45-0.23
-0.04-0.370.13-0.170.03-0.03-0.33-0.150.010.37-0.120.08-0.18-0.29-0.080.590.1-0.26-0.08-0.12-0.01-0.07-0.770.09-0.23
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20 Microns Account Relationship Matchups

20 Microns fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.5B5.2B4.6B5.9B3.6B
Short Long Term Debt Total1.2B1.0B1.2B829.1M1.2B1.2B
Other Current Liab124.5M139.8M109.1M135.2M201.0M156.2M
Total Current Liabilities1.8B1.9B2.1B1.5B1.9B1.4B
Total Stockholder Equity1.9B2.1B2.5B2.7B3.5B3.7B
Property Plant And Equipment Net2.1B2.0B2.1B2.0B2.3B1.6B
Net Debt1.2B983.8M1.1B700.9M731.1M1.1B
Cash61.1M40.6M127.3M128.2M487.5M511.8M
Non Current Assets Total2.3B2.2B2.4B2.5B2.6B1.8B
Non Currrent Assets Other137.3M108.2M194.4M386.7M77.9M116.2M
Cash And Short Term Investments61.3M43.8M135.4M175.3M603.0M633.2M
Net Receivables821.0M901.2M1.0B974.7M1.3B748.0M
Liabilities And Stockholders Equity4.4B4.5B5.2B4.6B5.9B3.6B
Non Current Liabilities Total739.9M499.2M574.3M436.1M461.6M591.4M
Inventory977.2M1.0B1.3B837.2M1.1B711.1M
Other Current Assets232.8M107.0M177.1M1.4B241.4M262.2M
Other Stockholder Equity396.7M396.5M395.1M395.0M539.3M276.9M
Total Liab2.6B2.4B2.6B1.9B2.4B2.2B
Total Current Assets2.2B2.3B2.7B2.1B3.3B1.7B
Accumulated Other Comprehensive Income(1.1B)54.5M79.6M84.4M144.3M151.5M
Accounts Payable879.7M937.7M987.1M787.9M620.3M712.6M
Intangible Assets62.6M36.5M41.7M9.5M15.0M27.2M
Current Deferred Revenue129.5M158.4M95.3M98.6M17.0M16.1M
Retained Earnings1.3B1.5B1.9B2.3B2.8B3.0B
Short Term Investments210K3.1M8.1M47.0M315K299.3K
Short Term Debt816.3M794.0M934.3M850.2M1.1B701.9M
Other Liab290.5M312.2M250.4M279.0M320.8M247.8M
Net Tangible Assets1.7B1.9B2.1B2.5B2.9B1.6B
Other Assets148.3M144.6M115.2M207.1M238.2M159.1M
Long Term Debt389.2M236.8M284.9M179.7M124.1M117.9M
Short Long Term Debt802.5M622.3M916.7M629.8M1.0B841.4M
Property Plant Equipment2.0B2.1B2.0B2.1B2.4B2.1B
Long Term Debt Total456.6M427.7M248.9M295.3M265.7M384.4M
Net Invested Capital3.1B3.0B3.7B3.5B4.7B3.7B

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Other Information on Investing in 20MICRONS Stock

Balance Sheet is a snapshot of the financial position of 20 Microns Limited at a specified time, usually calculated after every quarter, six months, or one year. 20 Microns Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 20 Microns 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 20MICRONS currently owns. An asset can also be divided into two categories, current and non-current.