Cartrade Income Tax Expense vs Total Revenue Analysis

CARTRADE

1,448 51.15 3.41%

Cartrade Tech financial indicator trend analysis is way more than just evaluating Cartrade Tech Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cartrade Tech Limited is a good investment. Please check the relationship between Cartrade Tech Income Tax Expense and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cartrade Tech 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 metropolitan statistical area.

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartrade Tech Limited Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between Cartrade Tech's Income Tax Expense and Total Revenue is 0.34. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Cartrade Tech Limited, assuming nothing else is changed. The correlation between historical values of Cartrade Tech's Income Tax Expense and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Cartrade Tech Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Cartrade Tech's Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

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Income Tax Expense

Total Revenue

Total revenue comprises all receipts Cartrade Tech Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Cartrade Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cartrade Tech 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 Cartrade Tech 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 metropolitan statistical area.

At present, Cartrade Tech's Tax Provision is projected to increase significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Gross Profit	1.8B	2.4B	2.8B	2.9B
Total Revenue	3.6B	4.9B	5.6B	3.0B

Gross Profit Total Revenue

Cartrade Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.92	0.87	0.87	0.99	0.95	0.91	0.12	0.93	0.83	0.94	-0.51	0.94	0.83	0.96	0.85	0.79	0.14	0.29	0.03	0.99	0.89	0.89	0.87	0.04	0.9
Short Long Term Debt Total	0.92		0.98	0.98	0.9	0.92	0.99	0.03	0.89	0.84	0.9	-0.65	0.96	0.71	0.84	0.82	0.82	-0.05	0.41	0.14	0.91	0.99	0.78	0.98	0.08	0.93
Other Current Liab	0.87	0.98		1.0	0.83	0.9	0.97	-0.03	0.9	0.81	0.91	-0.71	0.91	0.57	0.81	0.85	0.85	-0.2	0.51	0.16	0.85	1.0	0.66	0.99	0.17	0.88
Total Current Liabilities	0.87	0.98	1.0		0.83	0.88	0.98	-0.03	0.9	0.77	0.91	-0.76	0.91	0.57	0.81	0.86	0.81	-0.24	0.49	0.11	0.85	1.0	0.65	0.98	0.1	0.88
Total Stockholder Equity	0.99	0.9	0.83	0.83		0.91	0.89	0.1	0.89	0.79	0.91	-0.48	0.94	0.88	0.96	0.81	0.73	0.2	0.22	-0.05	1.0	0.85	0.93	0.83	-0.05	0.91
Property Plant And Equipment Net	0.95	0.92	0.9	0.88	0.91		0.88	0.18	0.95	0.93	0.94	-0.47	0.87	0.7	0.88	0.83	0.93	0.06	0.42	0.28	0.9	0.9	0.79	0.91	0.31	0.81
Net Debt	0.91	0.99	0.97	0.98	0.89	0.88		0.0	0.89	0.76	0.9	-0.72	0.95	0.68	0.83	0.84	0.76	-0.11	0.38	0.08	0.9	0.99	0.75	0.96	-0.02	0.93
Retained Earnings	0.12	0.03	-0.03	-0.03	0.1	0.18	0.0		0.16	0.17	0.07	0.14	-0.03	0.12	0.11	0.0	0.22	0.22	0.15	0.34	0.07	0.0	0.15	-0.02	0.24	-0.22
Accounts Payable	0.93	0.89	0.9	0.9	0.89	0.95	0.89	0.16		0.78	0.99	-0.68	0.82	0.58	0.88	0.96	0.84	-0.18	0.49	0.17	0.88	0.9	0.67	0.89	0.17	0.77
Cash	0.83	0.84	0.81	0.77	0.79	0.93	0.76	0.17	0.78		0.77	-0.2	0.81	0.69	0.77	0.6	0.94	0.25	0.44	0.39	0.79	0.8	0.77	0.85	0.49	0.73
Non Current Assets Total	0.94	0.9	0.91	0.91	0.91	0.94	0.9	0.07	0.99	0.77		-0.69	0.84	0.61	0.9	0.97	0.81	-0.17	0.47	0.1	0.91	0.91	0.69	0.89	0.12	0.81
Non Currrent Assets Other	-0.51	-0.65	-0.71	-0.76	-0.48	-0.47	-0.72	0.14	-0.68	-0.2	-0.69		-0.53	-0.11	-0.5	-0.81	-0.33	0.71	-0.47	0.14	-0.49	-0.72	-0.18	-0.66	0.26	-0.56
Other Assets	0.94	0.96	0.91	0.91	0.94	0.87	0.95	-0.03	0.82	0.81	0.84	-0.53		0.85	0.89	0.73	0.73	0.16	0.25	-0.03	0.95	0.92	0.9	0.9	-0.05	0.98
Cash And Short Term Investments	0.83	0.71	0.57	0.57	0.88	0.7	0.68	0.12	0.58	0.69	0.61	-0.11	0.85		0.81	0.44	0.52	0.61	-0.13	-0.16	0.87	0.61	0.99	0.6	-0.16	0.82
Net Receivables	0.96	0.84	0.81	0.81	0.96	0.88	0.83	0.11	0.88	0.77	0.9	-0.5	0.89	0.81		0.81	0.73	0.14	0.29	-0.18	0.95	0.82	0.86	0.81	0.02	0.84
Good Will	0.85	0.82	0.85	0.86	0.81	0.83	0.84	0.0	0.96	0.6	0.97	-0.81	0.73	0.44	0.81		0.69	-0.37	0.48	0.02	0.81	0.85	0.53	0.82	0.02	0.72
Common Stock Shares Outstanding	0.79	0.82	0.85	0.81	0.73	0.93	0.76	0.22	0.84	0.94	0.81	-0.33	0.73	0.52	0.73	0.69		0.03	0.48	0.45	0.73	0.82	0.62	0.85	0.61	0.65
Short Term Investments	0.14	-0.05	-0.2	-0.24	0.2	0.06	-0.11	0.22	-0.18	0.25	-0.17	0.71	0.16	0.61	0.14	-0.37	0.03		-0.52	-0.06	0.19	-0.18	0.54	-0.15	0.02	0.11
Inventory	0.29	0.41	0.51	0.49	0.22	0.42	0.38	0.15	0.49	0.44	0.47	-0.47	0.25	-0.13	0.29	0.48	0.48	-0.52		0.41	0.24	0.48	0.0	0.51	0.38	0.18
Other Current Assets	0.03	0.14	0.16	0.11	-0.05	0.28	0.08	0.34	0.17	0.39	0.1	0.14	-0.03	-0.16	-0.18	0.02	0.45	-0.06	0.41		-0.05	0.14	-0.08	0.17	0.66	-0.1
Other Stockholder Equity	0.99	0.91	0.85	0.85	1.0	0.9	0.9	0.07	0.88	0.79	0.91	-0.49	0.95	0.87	0.95	0.81	0.73	0.19	0.24	-0.05		0.87	0.92	0.84	-0.05	0.91
Total Liab	0.89	0.99	1.0	1.0	0.85	0.9	0.99	0.0	0.9	0.8	0.91	-0.72	0.92	0.61	0.82	0.85	0.82	-0.18	0.48	0.14	0.87		0.69	0.98	0.11	0.89
Total Current Assets	0.89	0.78	0.66	0.65	0.93	0.79	0.75	0.15	0.67	0.77	0.69	-0.18	0.9	0.99	0.86	0.53	0.62	0.54	0.0	-0.08	0.92	0.69		0.68	-0.08	0.85
Short Term Debt	0.87	0.98	0.99	0.98	0.83	0.91	0.96	-0.02	0.89	0.85	0.89	-0.66	0.9	0.6	0.81	0.82	0.85	-0.15	0.51	0.17	0.84	0.98	0.68		0.18	0.87
Intangible Assets	0.04	0.08	0.17	0.1	-0.05	0.31	-0.02	0.24	0.17	0.49	0.12	0.26	-0.05	-0.16	0.02	0.02	0.61	0.02	0.38	0.66	-0.05	0.11	-0.08	0.18		-0.13
Common Stock	0.9	0.93	0.88	0.88	0.91	0.81	0.93	-0.22	0.77	0.73	0.81	-0.56	0.98	0.82	0.84	0.72	0.65	0.11	0.18	-0.1	0.91	0.89	0.85	0.87	-0.13

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Cartrade Tech Account Relationship Matchups

Cartrade Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	19.3B	22.8B	23.4B	25.1B	28.9B	20.0B
Short Long Term Debt Total	545.5M	774.6M	864.3M	1.1B	1.3B	1.4B
Other Current Liab	708.2M	976.3M	905.4M	1.5B	1.7B	1.8B
Total Current Liabilities	1.1B	1.3B	1.4B	2.4B	2.8B	2.9B
Total Stockholder Equity	16.8B	19.8B	20.4B	20.7B	23.8B	17.5B
Property Plant And Equipment Net	996.0M	1.2B	1.3B	1.6B	1.8B	1.0B
Net Debt	325.6M	451.8M	603.1M	903.4M	1.0B	1.1B
Retained Earnings	(1.6B)	(2.9B)	(2.6B)	(2.5B)	(2.8B)	(3.0B)
Accounts Payable	222.9M	208.5M	216.3M	347.7M	399.9M	226.1M
Cash	219.9M	322.8M	261.1M	221.4M	254.6M	221.0M
Non Current Assets Total	11.4B	12.4B	12.1B	17.0B	19.5B	12.6B
Non Currrent Assets Other	373.3M	1.1B	1.0B	(2.9B)	(2.6B)	(2.5B)
Other Assets	198.0M	152.6M	827.0M	1.8B	2.1B	2.2B
Cash And Short Term Investments	6.5B	9.1B	10.7B	6.7B	7.7B	6.3B
Net Receivables	751.6M	964.6M	844.1M	1.1B	1.3B	651.3M
Common Stock Shares Outstanding	47.5M	46.0M	50.7M	51.0M	58.6M	45.8M
Short Term Investments	6.3B	8.7B	10.4B	1.5B	1.7B	1.6B
Liabilities And Stockholders Equity	19.3B	22.8B	23.4B	25.1B	28.9B	20.0B
Inventory	15.8M	12.2M	(9.8B)	(28.7M)	(25.9M)	(27.2M)
Other Current Assets	576.9M	411.3M	344.7M	309.4M	278.4M	401.0M
Other Stockholder Equity	17.9B	20.2B	20.3B	20.3B	23.3B	18.9B
Total Liab	1.7B	2.1B	2.2B	3.5B	4.1B	4.3B
Total Current Assets	7.9B	10.4B	11.3B	8.1B	9.4B	7.4B
Accumulated Other Comprehensive Income	215.5M	2.0B	2.2B	2.4B	2.8B	2.9B
Short Term Debt	76.8M	123.2M	117.4M	185.0M	212.7M	223.4M
Intangible Assets	253.8M	189.1M	126.6M	58.5M	52.6M	50.0M
Common Stock	35.8M	466.2M	468.4M	468.9M	539.2M	566.2M
Other Liab	132.8M	121.8M	109.6M	104.7M	94.2M	97.7M
Net Tangible Assets	2.6B	3.0B	7.2B	10.6B	12.2B	12.8B
Current Deferred Revenue	(81.5M)	774.3M	831.3M	391.3M	450.0M	415.2M
Non Current Liabilities Total	573.6M	756.1M	813.3M	1.1B	1.3B	676.5M
Property Plant Equipment	748.9M	863.2M	996.0M	1.2B	1.4B	973.3M
Capital Lease Obligations	545.5M	771.2M	864.3M	1.1B	1.3B	744.7M
Net Invested Capital	16.8B	19.8B	20.4B	20.7B	23.8B	18.8B
Capital Stock	35.8M	466.2M	468.4M	468.9M	539.2M	276.5M
Net Working Capital	6.8B	9.1B	10.0B	5.7B	6.5B	6.9B
Property Plant And Equipment Gross	1.5B	1.8B	1.3B	1.6B	1.8B	1.6B
Non Current Liabilities Other	1.4M	1.4M	2.7M	6.1M	7.0M	7.4M

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

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Cartrade Income Tax Expense vs Total Revenue Analysis

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

Correlation Coefficient

Income Tax Expense

Total Revenue

Cartrade Tech fundamental ratios Correlations

Cartrade Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cartrade Tech fundamental ratios Accounts

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Other Information on Investing in Cartrade Stock

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Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets

Good Will	- 0.81	Non Currrent Assets Other
Non Currrent Assets Other	- 0.76	Total Current Liabilities
Total Liab	- 0.72	Non Currrent Assets Other
Non Currrent Assets Other	- 0.72	Net Debt
Non Currrent Assets Other	- 0.71	Other Current Liab
Non Currrent Assets Other	- 0.69	Non Current Assets Total