FCSSOFT Stock | | | 3.46 0.02 0.57% |
FCS Software financial indicator trend analysis is much more than just examining FCS Software Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FCS Software Solutions is a good investment. Please check the relationship between FCS Software Tax Provision and its Depreciation And Amortization accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Tax Provision vs Depreciation And Amortization
Tax Provision vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FCS Software Solutions Tax Provision account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FCS Software's Tax Provision and Depreciation And Amortization is 0.4. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of FCS Software Solutions, assuming nothing else is changed. The correlation between historical values of FCS Software's Tax Provision and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of FCS Software Solutions are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Tax Provision i.e., FCS Software's Tax Provision and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from FCS Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FCS Software Solutions 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 FCS Software Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 14.6
M in 2024. Tax Provision is likely to gain to about (428.4
K) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 22.3M | 17.4M | 62.7M | 65.8M | Depreciation And Amortization | 38.6M | 42.0M | 36.1M | 34.3M |
FCS Software fundamental ratios Correlations
Click cells to compare fundamentals
FCS Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FCS Software fundamental ratios Accounts
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Additional Tools for FCS Stock Analysis
When running FCS Software's price analysis, check to
measure FCS Software's 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 FCS Software is operating at the current time. Most of FCS Software's value examination focuses on studying past and present price action to
predict the probability of FCS Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FCS Software's price. Additionally, you may evaluate how the addition of FCS Software to your portfolios can decrease your overall portfolio volatility.