Kidswant Reconciled Depreciation vs Tax Provision Analysis

301078 Stock   10.70  1.04  8.86%   
Kidswant Children financial indicator trend analysis is infinitely more than just investigating Kidswant Children recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kidswant Children is a good investment. Please check the relationship between Kidswant Children Reconciled Depreciation and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kidswant Children Products. 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.

Reconciled Depreciation vs Tax Provision

Reconciled Depreciation vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kidswant Children Reconciled Depreciation account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Kidswant Children's Reconciled Depreciation and Tax Provision is -0.99. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Kidswant Children Products, assuming nothing else is changed. The correlation between historical values of Kidswant Children's Reconciled Depreciation 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 Reconciled Depreciation of Kidswant Children Products 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 Reconciled Depreciation i.e., Kidswant Children's Reconciled Depreciation and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Reconciled Depreciation

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 Kidswant Children's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kidswant Children 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 Kidswant Children Products. 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 Tax Provision is expected to grow to about 42 M, whereas Selling General Administrative is forecasted to decline to about 1.8 B.
 2022 2023 2024 2025 (projected)
Interest Expense104.4M120.3M138.3M85.0M
Interest Income48.5M62.8M72.3M47.1M

Kidswant Children fundamental ratios Correlations

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Kidswant Children Account Relationship Matchups

Kidswant Children fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.9B8.1B7.9B9.6B11.0B8.3B
Other Current Liab22.0M25.2M26.7M26.6M23.9M22.8M
Total Current Liabilities3.0B2.7B2.6B2.9B3.3B3.0B
Total Stockholder Equity2.1B2.8B3.0B3.1B3.6B2.8B
Retained Earnings545.9M741.1M841.5M939.7M1.1B709.1M
Accounts Payable1.6B1.3B1.2B1.2B1.0B1.1B
Cash2.0B1.6B1.9B2.5B2.8B2.0B
Non Current Assets Total3.8B4.0B3.7B4.4B5.0B3.7B
Non Currrent Assets Other1.4M238.1M412.0M230.6M265.2M194.6M
Long Term Debt215.5M305.9M395.6M1.9B2.2B2.3B
Net Receivables60.7M75.8M78.0M84.2M96.8M75.9M
Short Term Investments879.9M1.3B969.3M905.3M1.0B1.1B
Non Current Liabilities Total2.8B2.6B2.3B3.5B4.0B2.5B
Inventory941.1M910.1M957.3M1.1B1.3B1.1B
Other Current Assets84.2M84.1M102.2M441.7M507.9M533.3M
Total Liab5.8B5.3B4.9B6.3B7.3B5.5B
Net Invested Capital2.4B3.2B3.4B5.1B5.8B3.5B
Total Current Assets4.1B4.2B4.1B5.3B6.0B4.6B
Net Working Capital1.1B1.5B1.5B2.4B2.8B1.6B
Intangible Assets104.0M180.2M174.1M396.3M455.8M478.6M

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Other Information on Investing in Kidswant Stock

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