Gillette Ebit vs Tax Provision Analysis

GILLETTE   9,742  152.30  1.54%   
Gillette India financial indicator trend analysis is much more than just examining Gillette India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gillette India is a good investment. Please check the relationship between Gillette India Ebit and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gillette India 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 income.

Ebit vs Tax Provision

Ebit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gillette India Ebit account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gillette India's Ebit and Tax Provision is 0.91. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Gillette India Limited, assuming nothing else is changed. The correlation between historical values of Gillette India's Ebit 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 Ebit of Gillette India 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 Ebit i.e., Gillette India's Ebit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

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 Gillette India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gillette India 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gillette India 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 income.
At this time, Gillette India's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 292 M in 2025, whereas Tax Provision is likely to drop slightly above 1.2 B in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit12.9B15.3B17.6B9.7B
Total Revenue24.8B26.3B30.3B17.2B

Gillette India fundamental ratios Correlations

0.20.950.960.89-0.660.650.820.650.860.450.680.5-0.21-0.160.730.94-0.150.440.970.950.43-0.770.61-0.560.75
0.20.240.2-0.14-0.170.720.080.12-0.24-0.470.210.60.09-0.03-0.160.190.580.00.180.45-0.05-0.11-0.260.21-0.17
0.950.240.830.83-0.640.540.830.620.780.340.670.49-0.18-0.130.610.9-0.140.430.990.920.4-0.760.56-0.550.69
0.960.20.830.82-0.650.740.740.630.820.50.650.48-0.22-0.230.710.88-0.080.40.860.910.42-0.670.6-0.540.69
0.89-0.140.830.82-0.460.310.750.440.970.580.480.27-0.12-0.160.790.91-0.350.310.880.710.29-0.670.68-0.590.79
-0.66-0.17-0.64-0.65-0.46-0.46-0.67-0.96-0.4-0.02-0.95-0.070.37-0.27-0.52-0.50.2-0.54-0.64-0.74-0.40.71-0.40.4-0.55
0.650.720.540.740.31-0.460.430.440.280.080.450.66-0.15-0.290.280.570.40.280.520.790.28-0.40.21-0.190.24
0.820.080.830.740.75-0.670.430.760.690.260.520.41-0.63-0.010.860.8-0.250.730.840.790.64-0.960.58-0.510.92
0.650.120.620.630.44-0.960.440.760.380.040.840.1-0.610.250.610.5-0.20.70.610.720.61-0.790.43-0.410.65
0.86-0.240.780.820.97-0.40.280.690.380.720.420.25-0.1-0.270.750.85-0.320.260.840.650.28-0.580.75-0.680.75
0.45-0.470.340.50.58-0.020.080.260.040.720.020.04-0.06-0.620.340.44-0.170.160.380.210.21-0.10.66-0.60.35
0.680.210.670.650.48-0.950.450.520.840.420.020.06-0.090.310.410.51-0.190.380.660.750.24-0.60.31-0.340.43
0.50.60.490.480.27-0.070.660.410.10.250.040.06-0.1-0.250.270.460.340.160.470.580.2-0.360.03-0.010.26
-0.210.09-0.18-0.22-0.120.37-0.15-0.63-0.61-0.1-0.06-0.09-0.1-0.06-0.53-0.180.11-0.77-0.18-0.24-0.850.61-0.310.22-0.59
-0.16-0.03-0.13-0.23-0.16-0.27-0.29-0.010.25-0.27-0.620.31-0.25-0.060.14-0.21-0.20.16-0.09-0.070.07-0.24-0.340.310.12
0.73-0.160.610.710.79-0.520.280.860.610.750.340.410.27-0.530.140.74-0.410.630.70.610.54-0.870.52-0.410.97
0.940.190.90.880.91-0.50.570.80.50.850.440.510.46-0.18-0.210.74-0.230.420.930.870.38-0.740.53-0.450.77
-0.150.58-0.14-0.08-0.350.20.4-0.25-0.2-0.32-0.17-0.190.340.11-0.2-0.41-0.23-0.21-0.2-0.02-0.140.240.1-0.18-0.41
0.440.00.430.40.31-0.540.280.730.70.260.160.380.16-0.770.160.630.42-0.210.450.490.78-0.790.27-0.20.7
0.970.180.990.860.88-0.640.520.840.610.840.380.660.47-0.18-0.090.70.93-0.20.450.920.41-0.790.57-0.540.75
0.950.450.920.910.71-0.740.790.790.720.650.210.750.58-0.24-0.070.610.87-0.020.490.920.46-0.770.43-0.40.64
0.43-0.050.40.420.29-0.40.280.640.610.280.210.240.2-0.850.070.540.38-0.140.780.410.46-0.630.31-0.230.6
-0.77-0.11-0.76-0.67-0.670.71-0.4-0.96-0.79-0.58-0.1-0.6-0.360.61-0.24-0.87-0.740.24-0.79-0.79-0.77-0.63-0.470.41-0.92
0.61-0.260.560.60.68-0.40.210.580.430.750.660.310.03-0.31-0.340.520.530.10.270.570.430.31-0.47-0.970.57
-0.560.21-0.55-0.54-0.590.4-0.19-0.51-0.41-0.68-0.6-0.34-0.010.220.31-0.41-0.45-0.18-0.2-0.54-0.4-0.230.41-0.97-0.45
0.75-0.170.690.690.79-0.550.240.920.650.750.350.430.26-0.590.120.970.77-0.410.70.750.640.6-0.920.57-0.45
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Gillette India Account Relationship Matchups

Gillette India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets14.0B16.1B19.2B18.3B21.1B12.6B
Other Current Liab791.7M813.9M1.2B957.6M861.8M661.8M
Total Current Liabilities5.3B6.6B8.2B7.6B8.7B4.6B
Total Stockholder Equity7.9B8.6B9.9B9.7B11.2B7.6B
Property Plant And Equipment Net3.8B4.3B4.2B3.7B4.3B2.8B
Net Debt(1.6B)(2.9B)(4.5B)(4.7B)(4.3B)(4.0B)
Retained Earnings4.4B3.2B3.8B5.1B5.8B3.9B
Accounts Payable4.1B5.6B6.8B6.4B7.3B7.7B
Cash1.6B2.9B4.5B4.7B5.4B5.7B
Non Current Assets Total6.3B6.6B6.7B6.4B7.4B4.4B
Non Currrent Assets Other2.2B2.0B446.9M2.2B2.5B1.3B
Cash And Short Term Investments1.6B2.9B4.7B4.8B4.3B2.3B
Net Receivables2.0B2.7B3.2B2.7B3.2B2.2B
Liabilities And Stockholders Equity14.0B16.1B19.2B18.3B21.1B12.6B
Non Current Liabilities Total792.2M833.4M1.1B1.0B1.2B1.2B
Inventory3.7B3.7B4.1B4.0B4.6B2.6B
Other Current Assets402.7M314.1M618M380.9M342.8M625.1M
Total Liab6.1B7.5B9.3B8.6B9.9B5.0B
Total Current Assets7.7B9.5B12.5B11.9B13.6B8.2B
Accumulated Other Comprehensive Income4.1B4.1B4.2B9.4B10.8B11.3B
Other Liab614.1M791.1M832.7M1.1B1.3B1.3B
Net Tangible Assets9.1B7.9B8.6B9.9B11.4B8.6B
Other Assets2.6B2.4B2.3B905M1.0B1.9B
Property Plant Equipment3.2B3.8B4.3B4.2B4.9B3.5B
Long Term Debt Total1.4M1.1M700K500K575K508.8K
Net Invested Capital7.9B8.6B9.9B9.7B11.2B8.9B
Cash And Equivalents2.3B1.6B2.9B4.6B5.2B5.5B
Net Working Capital2.4B2.9B4.3B4.3B4.9B3.1B
Property Plant And Equipment Gross6.5B7.6B4.2B3.7B3.4B4.4B

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When running Gillette India's price analysis, check to measure Gillette India'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 Gillette India is operating at the current time. Most of Gillette India's value examination focuses on studying past and present price action to predict the probability of Gillette India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gillette India's price. Additionally, you may evaluate how the addition of Gillette India to your portfolios can decrease your overall portfolio volatility.