CAPACITE | | | 438.10 17.10 3.76% |
Capacite Infraprojects financial indicator trend analysis is way more than just evaluating Capacite Infraprojects prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capacite Infraprojects is a good investment. Please check the relationship between Capacite Infraprojects Gross Profit and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Capacite Infraprojects 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.
Gross Profit vs Tax Provision
Gross Profit vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Capacite Infraprojects Gross Profit account and
Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Capacite Infraprojects' Gross Profit and Tax Provision is 0.5. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Capacite Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Capacite Infraprojects' Gross Profit 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 Gross Profit of Capacite Infraprojects 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 Gross Profit i.e., Capacite Infraprojects' Gross Profit and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Capacite Infraprojects Limited minus its cost of goods sold. It is profit before Capacite Infraprojects operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Capacite Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capacite Infraprojects 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 Capacite Infraprojects 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.
Issuance Of Capital Stock is likely to gain to about 3.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 194.9
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 3.9B | 5.9B | 6.2B | 3.6B | Total Revenue | 13.2B | 18.0B | 19.2B | 12.2B |
Capacite Infraprojects fundamental ratios Correlations
Click cells to compare fundamentals
Capacite Infraprojects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capacite Infraprojects fundamental ratios Accounts
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Additional Tools for Capacite Stock Analysis
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measure Capacite Infraprojects' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Capacite Infraprojects is operating at the current time. Most of Capacite Infraprojects' value examination focuses on studying past and present price action to
predict the probability of Capacite Infraprojects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capacite Infraprojects' price. Additionally, you may evaluate how the addition of Capacite Infraprojects to your portfolios can decrease your overall portfolio volatility.