Deluxe Operating Income vs Tax Provision Analysis

DLX Stock  USD 23.77  0.60  2.59%   
Deluxe financial indicator trend analysis is much more than just examining Deluxe latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deluxe is a good investment. Please check the relationship between Deluxe Operating Income and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deluxe Operating Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Deluxe's Operating Income and Tax Provision is 0.54. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Deluxe, assuming nothing else is changed. The correlation between historical values of Deluxe's Operating Income 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 Operating Income of Deluxe 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 Operating Income i.e., Deluxe's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Deluxe operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Deluxe is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Deluxe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deluxe 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.Issuance Of Capital Stock is likely to rise to about 5.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 810.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.2B1.1B
Total Revenue2.0B2.2B2.2B1.7B

Deluxe fundamental ratios Correlations

0.950.90.710.330.350.950.23-0.450.990.93-0.450.74-0.670.930.560.86-0.010.970.570.78-0.040.850.820.78-0.81
0.950.950.650.020.541.0-0.08-0.470.920.91-0.460.68-0.620.980.360.730.160.990.650.76-0.090.720.780.69-0.78
0.90.950.57-0.040.610.95-0.16-0.390.850.84-0.380.58-0.450.940.310.690.360.960.820.72-0.120.620.660.57-0.66
0.710.650.570.290.180.660.21-0.30.710.64-0.30.62-0.610.550.610.58-0.210.690.280.740.490.680.780.8-0.63
0.330.02-0.040.29-0.520.040.99-0.130.390.21-0.130.38-0.360.030.690.54-0.590.08-0.250.230.040.590.370.51-0.3
0.350.540.610.18-0.520.52-0.590.080.250.490.080.420.20.55-0.040.090.790.520.660.53-0.310.20.30.09-0.01
0.951.00.950.660.040.52-0.07-0.510.930.91-0.50.68-0.630.980.370.740.140.990.630.76-0.080.740.780.71-0.78
0.23-0.08-0.160.210.99-0.59-0.07-0.080.290.13-0.090.32-0.32-0.070.650.47-0.64-0.02-0.340.140.050.510.280.41-0.25
-0.45-0.47-0.39-0.3-0.130.08-0.51-0.08-0.54-0.281.0-0.170.48-0.47-0.11-0.420.22-0.45-0.02-0.1-0.05-0.44-0.33-0.540.42
0.990.920.850.710.390.250.930.29-0.540.89-0.540.7-0.720.90.550.86-0.10.940.490.730.00.870.820.82-0.83
0.930.910.840.640.210.490.910.13-0.280.89-0.280.84-0.640.910.580.780.040.920.550.85-0.180.770.850.66-0.8
-0.45-0.46-0.38-0.3-0.130.08-0.5-0.091.0-0.54-0.28-0.170.48-0.47-0.11-0.410.23-0.45-0.01-0.1-0.05-0.44-0.34-0.550.42
0.740.680.580.620.380.420.680.32-0.170.70.84-0.17-0.530.70.790.66-0.090.690.240.93-0.290.840.920.74-0.62
-0.67-0.62-0.45-0.61-0.360.2-0.63-0.320.48-0.72-0.640.48-0.53-0.6-0.47-0.650.65-0.62-0.02-0.52-0.08-0.6-0.74-0.680.94
0.930.980.940.550.030.550.98-0.07-0.470.90.91-0.470.7-0.60.350.710.170.970.620.76-0.260.740.780.68-0.76
0.560.360.310.610.69-0.040.370.65-0.110.550.58-0.110.79-0.470.350.64-0.330.420.00.70.00.710.720.63-0.49
0.860.730.690.580.540.090.740.47-0.420.860.78-0.410.66-0.650.710.64-0.20.760.460.63-0.030.740.680.66-0.79
-0.010.160.36-0.21-0.590.790.14-0.640.22-0.10.040.23-0.090.650.17-0.33-0.20.140.650.05-0.23-0.22-0.23-0.310.41
0.970.990.960.690.080.520.99-0.02-0.450.940.92-0.450.69-0.620.970.420.760.140.660.78-0.050.750.790.71-0.78
0.570.650.820.28-0.250.660.63-0.34-0.020.490.55-0.010.24-0.020.620.00.460.650.660.44-0.080.20.250.13-0.33
0.780.760.720.740.230.530.760.14-0.10.730.85-0.10.93-0.520.760.70.630.050.780.44-0.190.780.930.76-0.63
-0.04-0.09-0.120.490.04-0.31-0.080.05-0.050.0-0.18-0.05-0.29-0.08-0.260.0-0.03-0.23-0.05-0.08-0.19-0.12-0.130.05-0.01
0.850.720.620.680.590.20.740.51-0.440.870.77-0.440.84-0.60.740.710.74-0.220.750.20.78-0.120.880.89-0.64
0.820.780.660.780.370.30.780.28-0.330.820.85-0.340.92-0.740.780.720.68-0.230.790.250.93-0.130.880.88-0.77
0.780.690.570.80.510.090.710.41-0.540.820.66-0.550.74-0.680.680.630.66-0.310.710.130.760.050.890.88-0.65
-0.81-0.78-0.66-0.63-0.3-0.01-0.78-0.250.42-0.83-0.80.42-0.620.94-0.76-0.49-0.790.41-0.78-0.33-0.63-0.01-0.64-0.77-0.65
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Deluxe Account Relationship Matchups

Deluxe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B3.1B3.1B3.1B3.2B
Short Long Term Debt Total917.1M868.4M1.7B1.7B1.7B1.7B
Other Current Liab236.7M241.1M405.6M463.8M529.1M555.6M
Total Current Liabilities407.9M411.8M683.4M752.3M819.1M413.7M
Total Stockholder Equity570.9M540.8M574.6M604.2M604.1M509.5M
Property Plant And Equipment Net140.9M124.6M190.5M172M175.5M172.2M
Net Debt843.5M745.3M1.7B1.7B1.6B1.7B
Retained Earnings572.6M522.6M505.8M518.6M491.2M442.4M
Cash73.6M123.1M41.2M40.4M72.0M62.5M
Non Current Assets Total1.5B1.4B2.5B2.4B2.3B2.4B
Non Currrent Assets Other200.7M208.7M279.5M260.4M251.2M263.7M
Cash And Short Term Investments73.6M123.1M41.2M40.4M72.0M64.1M
Net Receivables196.2M179.6M228.3M245.4M217.1M132.2M
Common Stock Shares Outstanding43.0M42.1M42.8M43.3M43.8M50.9M
Liabilities And Stockholders Equity1.9B1.9B3.1B3.1B3.1B3.2B
Non Current Liabilities Total964.5M922.3M1.8B1.7B1.7B1.7B
Inventory39.9M40.1M34.9M52.3M42.1M32.9M
Other Current Assets398.6M163.8M316.0M364.8M429.8M451.3M
Other Stockholder Equity4.1M17.6M57.4M79.2M99.1M151.3M
Total Liab1.4B1.3B2.5B2.5B2.5B2.6B
Property Plant And Equipment Gross140.8M124.6M190.5M172M509.6M535.1M
Total Current Assets472.2M506.6M620.5M704M761.0M390.0M
Accumulated Other Comprehensive Income(47.9M)(41.4M)(31.5M)(37.3M)(30.0M)(31.5M)
Short Term Debt12.9M11.6M72.0M84.5M99.7M97.9M
Intangible Assets276.1M246.8M504.4M459M391.7M296.5M
Accounts Payable112.2M117.0M153.1M157.1M154.9M84.0M
Good Will804.5M736.8M1.4B1.4B1.4B734.2M
Common Stock Total Equity42.1M42.0M42.7M43.2M38.9M41.3M
Common Stock42.1M42.0M42.7M43.2M43.7M41.1M
Other Liab45.9M53.9M134.2M71.2M81.9M82.8M
Other Assets223.0M295.9M328.9M249.1M286.4M186.4M
Long Term Debt883.5M840M1.6B1.6B1.5B807.6M
Property Plant Equipment96.5M88.7M190.5M172.0M154.8M97.2M
Current Deferred Revenue46.1M42.1M52.6M47.0M35.3M33.3M
Net Tangible Assets(476.2M)(414.6M)(1.4B)(1.2B)(1.1B)(1.1B)
Retained Earnings Total Equity572.6M522.6M505.8M518.6M596.4M644.6M
Long Term Debt Total883.5M840M1.7B1.6B1.8B1.9B

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