Capacite Reconciled Depreciation vs Income Tax Expense Analysis

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 Reconciled Depreciation and its Income Tax Expense 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.

Reconciled Depreciation vs Income Tax Expense

Reconciled Depreciation vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capacite Infraprojects Reconciled Depreciation account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Capacite Infraprojects' Reconciled Depreciation and Income Tax Expense is 0.35. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Tax Expense 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' Reconciled Depreciation and Income Tax Expense 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 Capacite Infraprojects Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Reconciled Depreciation i.e., Capacite Infraprojects' Reconciled Depreciation and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Income Tax Expense

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 Profit3.9B5.9B6.2B3.6B
Total Revenue13.2B18.0B19.2B12.2B

Capacite Infraprojects fundamental ratios Correlations

0.970.470.990.910.970.960.90.970.140.950.540.570.490.890.70.50.860.40.570.410.990.90.950.430.96
0.970.530.980.850.980.980.860.960.210.960.450.590.540.850.790.540.910.520.580.370.990.860.980.540.93
0.470.530.460.390.520.410.40.460.690.520.080.360.440.410.330.380.610.290.19-0.120.520.40.540.280.48
0.990.980.460.890.960.980.890.990.120.930.530.510.520.890.740.530.840.480.560.410.990.90.970.50.95
0.910.850.390.890.850.860.990.880.050.840.780.410.430.980.590.450.740.310.510.580.880.990.840.320.88
0.970.980.520.960.850.960.860.910.190.990.40.710.470.820.720.470.940.420.590.320.980.830.970.460.94
0.960.980.410.980.860.960.860.940.010.940.470.560.510.830.760.530.860.540.610.470.980.860.970.530.94
0.90.860.40.890.990.860.860.870.080.850.790.390.470.980.60.490.760.280.580.580.890.980.830.310.85
0.970.960.460.990.880.910.940.870.170.880.580.430.480.890.760.480.810.510.480.40.970.90.940.550.91
0.140.210.690.120.050.190.010.080.170.2-0.090.20.210.110.270.110.39-0.05-0.06-0.520.190.070.180.110.05
0.950.960.520.930.840.990.940.850.880.20.370.760.470.80.680.470.940.350.620.30.960.810.950.390.93
0.540.450.080.530.780.40.470.790.58-0.090.37-0.140.170.810.360.210.320.160.250.720.490.810.380.170.45
0.570.590.360.510.410.710.560.390.430.20.76-0.140.020.320.350.00.740.150.26-0.110.590.330.610.190.62
0.490.540.440.520.430.470.510.470.480.210.470.170.020.440.291.00.370.130.770.260.50.440.580.010.45
0.890.850.410.890.980.820.830.980.890.110.80.810.320.440.640.460.720.330.480.530.870.990.830.40.84
0.70.790.330.740.590.720.760.60.760.270.680.360.350.290.640.270.780.660.320.280.770.660.740.760.62
0.50.540.380.530.450.470.530.490.480.110.470.210.01.00.460.270.350.130.790.320.50.460.580.00.46
0.860.910.610.840.740.940.860.760.810.390.940.320.740.370.720.780.350.410.520.210.910.730.870.510.8
0.40.520.290.480.310.420.540.280.51-0.050.350.160.150.130.330.660.130.410.010.330.470.40.530.840.4
0.570.580.190.560.510.590.610.580.48-0.060.620.250.260.770.480.320.790.520.010.480.570.470.57-0.060.49
0.410.37-0.120.410.580.320.470.580.4-0.520.30.72-0.110.260.530.280.320.210.330.480.380.590.320.090.39
0.990.990.520.990.880.980.980.890.970.190.960.490.590.50.870.770.50.910.470.570.380.880.970.520.94
0.90.860.40.90.990.830.860.980.90.070.810.810.330.440.990.660.460.730.40.470.590.880.840.420.85
0.950.980.540.970.840.970.970.830.940.180.950.380.610.580.830.740.580.870.530.570.320.970.840.520.94
0.430.540.280.50.320.460.530.310.550.110.390.170.190.010.40.760.00.510.84-0.060.090.520.420.520.38
0.960.930.480.950.880.940.940.850.910.050.930.450.620.450.840.620.460.80.40.490.390.940.850.940.38
Click cells to compare fundamentals

Capacite Infraprojects Account Relationship Matchups

Capacite Infraprojects fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.6B22.5B23.9B26.2B31.5B17.8B
Short Long Term Debt Total3.2B2.9B3.4B3.7B3.3B2.5B
Other Current Liab4.1B370.9M701.5M2.1B562.7M1.1B
Total Current Liabilities9.7B9.1B10.1B12.1B13.4B8.1B
Total Stockholder Equity9.3B9.3B9.7B10.7B15.2B15.9B
Property Plant And Equipment Net6.6B6.7B7.0B6.6B6.0B4.6B
Net Debt2.1B2.8B3.1B3.2B3.1B2.1B
Retained Earnings4.0B4.0B4.5B5.3B6.6B6.9B
Accounts Payable5.6B4.2B5.3B6.3B8.2B4.5B
Cash1.1B98.4M221.1M470.7M192.8M274.9M
Non Current Assets Total9.4B10.0B9.3B8.9B7.6B6.1B
Other Assets2.7B3.3B2.3B259.8M298.8M283.8M
Cash And Short Term Investments2.0B1.2B1.1B11.3B1.1B2.2B
Net Receivables11.1B8.5B9.9B13.2B17.8B18.7B
Short Term Investments875.4M1.1B918.3M10.9B1.2B2.0B
Liabilities And Stockholders Equity23.6B22.5B23.9B26.2B31.5B17.8B
Non Current Liabilities Total4.7B4.1B4.1B3.4B2.9B2.8B
Inventory1.0B1.0B1.1B985.5M1.1B1.3B
Other Current Assets183.5M10.1B3.9B14.8B3.6B3.1B
Other Stockholder Equity(3.9B)(4.7B)4.6B4.6B7.8B8.1B
Total Liab14.4B13.2B14.2B15.5B16.3B10.9B
Total Current Assets14.3B12.4B14.6B17.4B23.9B25.1B
Accumulated Other Comprehensive Income(2.7B)0.016.5M146.3M14.3B15.0B
Short Term Debt2.2B2.1B1.9B2.6B2.0B1.7B
Intangible Assets14.6M10.2M11.6M9.3M13.5M14.2M
Other Liab3.7B3.2B2.6B2.3B2.7B2.2B
Net Tangible Assets9.2B9.3B9.7B10.7B12.3B6.6B
Current Deferred Revenue(2.2B)449.7M613.1M842.5M2.5B2.6B
Long Term Debt935.3M823.4M1.4B1.1B1.2B887.8M
Short Long Term Debt2.1B1.6B1.9B2.5B2.0B1.7B
Property Plant Equipment6.6B6.7B7.0B6.6B7.6B5.0B
Long Term Debt Total1.0B852.8M1.4B1.1B1.3B929.2M
Cash And Equivalents993.0M13.2M94.2M193.9M223.0M263.4M
Net Invested Capital12.3B11.7B13.0B14.4B18.4B14.3B
Net Working Capital4.6B3.4B4.5B5.3B10.5B5.7B

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