HSBC Total Revenue vs Tax Provision Analysis

HSBA Stock

760.80 4.30 0.56%

HSBC Holdings financial indicator trend analysis is much more than just examining HSBC Holdings PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HSBC Holdings PLC is a good investment. Please check the relationship between HSBC Holdings Total Revenue and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HSBC Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HSBC Holdings PLC Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between HSBC Holdings' Total Revenue and Tax Provision is -0.14. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of HSBC Holdings PLC, assuming nothing else is changed. The correlation between historical values of HSBC Holdings' Total Revenue 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 Total Revenue of HSBC Holdings PLC 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 Total Revenue i.e., HSBC Holdings' Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Revenue

Total revenue comprises all receipts HSBC Holdings PLC 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.

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 HSBC Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HSBC Holdings PLC 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 HSBC Holdings PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 13.9 B in 2024, whereas Tax Provision is likely to drop slightly above 3.2 B in 2024.

	2021	2022	2023	2024 (projected)
Income Before Tax	18.9B	17.5B	30.3B	31.9B
Interest Expense	9.7B	22.4B	65.1B	68.3B

Income Before Tax Interest Expense

HSBC Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Retained Earnings	Net Receivables	Common Stock Total Equity	Common Stock	Other Current Assets	Other Liab	Long Term Debt	Good Will	Short Term Investments	Intangible Assets
Total Assets		0.4	0.96	0.73	-0.24	0.53	0.19	-0.89	0.4	0.57	0.94	0.26	0.78	0.22	0.76	0.74	0.94	0.11	0.95	0.93	-0.89	0.22	0.74	-0.17	0.07	-0.14
Short Long Term Debt Total	0.4		0.28	0.64	-0.42	0.45	0.91	-0.62	-0.55	0.46	0.45	-0.16	0.24	0.53	0.61	0.3	0.37	-0.02	0.47	0.35	-0.57	0.3	0.49	-0.23	-0.04	-0.41
Total Stockholder Equity	0.96	0.28		0.62	-0.11	0.4	0.07	-0.86	0.5	0.44	0.96	0.36	0.81	0.23	0.66	0.65	0.97	0.13	0.94	0.97	-0.9	0.17	0.59	-0.08	0.05	-0.21
Property Plant And Equipment Net	0.73	0.64	0.62		-0.56	0.76	0.51	-0.72	0.02	0.75	0.73	-0.3	0.58	-0.02	1.0	0.81	0.68	0.34	0.72	0.71	-0.73	-0.01	0.8	-0.6	0.34	0.2
Net Debt	-0.24	-0.42	-0.11	-0.56		-0.92	-0.62	0.11	0.45	-0.89	-0.2	0.54	0.04	0.01	-0.54	-0.72	-0.27	0.28	-0.32	-0.2	0.18	0.42	-0.69	0.83	0.22	-0.42
Cash	0.53	0.45	0.4	0.76	-0.92		0.51	-0.41	-0.14	1.0	0.48	-0.36	0.32	-0.01	0.74	0.87	0.5	-0.2	0.53	0.47	-0.46	-0.21	0.83	-0.74	-0.15	0.41
Non Current Assets Total	0.19	0.91	0.07	0.51	-0.62	0.51		-0.36	-0.79	0.5	0.25	-0.34	-0.05	0.48	0.48	0.29	0.23	-0.15	0.34	0.17	-0.35	0.0	0.43	-0.44	-0.15	-0.28
Non Currrent Assets Other	-0.89	-0.62	-0.86	-0.72	0.11	-0.41	-0.36		-0.26	-0.46	-0.91	-0.34	-0.83	-0.43	-0.73	-0.53	-0.83	-0.07	-0.83	-0.87	0.96	-0.47	-0.55	0.0	-0.04	0.39
Other Assets	0.4	-0.55	0.5	0.02	0.45	-0.14	-0.79	-0.26		-0.1	0.37	0.52	0.61	-0.26	0.05	0.14	0.34	0.2	0.22	0.43	-0.28	0.19	-0.02	0.33	0.17	0.17
Cash And Short Term Investments	0.57	0.46	0.44	0.75	-0.89	1.0	0.5	-0.46	-0.1		0.52	-0.29	0.37	0.05	0.74	0.87	0.54	-0.23	0.55	0.51	-0.5	-0.16	0.83	-0.69	-0.18	0.37
Common Stock Shares Outstanding	0.94	0.45	0.96	0.73	-0.2	0.48	0.25	-0.91	0.37	0.52		0.31	0.79	0.32	0.76	0.68	0.97	0.15	0.95	0.99	-0.98	0.15	0.61	-0.19	0.07	-0.21
Non Current Liabilities Total	0.26	-0.16	0.36	-0.3	0.54	-0.36	-0.34	-0.34	0.52	-0.29	0.31		0.38	0.64	-0.28	-0.26	0.29	-0.25	0.18	0.29	-0.33	0.5	-0.26	0.65	-0.31	-0.46
Other Stockholder Equity	0.78	0.24	0.81	0.58	0.04	0.32	-0.05	-0.83	0.61	0.37	0.79	0.38		0.13	0.58	0.47	0.7	0.09	0.63	0.78	-0.8	0.5	0.36	0.16	0.04	-0.17
Total Liab	0.22	0.53	0.23	-0.02	0.01	-0.01	0.48	-0.43	-0.26	0.05	0.32	0.64	0.13		-0.03	-0.14	0.31	-0.42	0.3	0.24	-0.43	0.4	0.0	0.27	-0.47	-0.64
Property Plant And Equipment Gross	0.76	0.61	0.66	1.0	-0.54	0.74	0.48	-0.73	0.05	0.74	0.76	-0.28	0.58	-0.03		0.83	0.71	0.35	0.75	0.75	-0.75	-0.02	0.81	-0.59	0.35	0.19
Total Current Assets	0.74	0.3	0.65	0.81	-0.72	0.87	0.29	-0.53	0.14	0.87	0.68	-0.26	0.47	-0.14	0.83		0.71	0.12	0.74	0.7	-0.59	-0.23	0.85	-0.69	0.16	0.39
Retained Earnings	0.94	0.37	0.97	0.68	-0.27	0.5	0.23	-0.83	0.34	0.54	0.97	0.29	0.7	0.31	0.71	0.71		0.1	0.98	0.97	-0.91	0.02	0.66	-0.26	0.02	-0.16
Net Receivables	0.11	-0.02	0.13	0.34	0.28	-0.2	-0.15	-0.07	0.2	-0.23	0.15	-0.25	0.09	-0.42	0.35	0.12	0.1		0.13	0.18	-0.1	-0.12	0.0	-0.17	0.97	0.21
Common Stock Total Equity	0.95	0.47	0.94	0.72	-0.32	0.53	0.34	-0.83	0.22	0.55	0.95	0.18	0.63	0.3	0.75	0.74	0.98	0.13		0.95	-0.9	0.01	0.72	-0.31	0.05	-0.2
Common Stock	0.93	0.35	0.97	0.71	-0.2	0.47	0.17	-0.87	0.43	0.51	0.99	0.29	0.78	0.24	0.75	0.7	0.97	0.18	0.95		-0.95	0.07	0.6	-0.23	0.1	-0.14
Other Current Assets	-0.89	-0.57	-0.9	-0.73	0.18	-0.46	-0.35	0.96	-0.28	-0.5	-0.98	-0.33	-0.8	-0.43	-0.75	-0.59	-0.91	-0.1	-0.9	-0.95		-0.27	-0.55	0.12	-0.02	0.32
Other Liab	0.22	0.3	0.17	-0.01	0.42	-0.21	0.0	-0.47	0.19	-0.16	0.15	0.5	0.5	0.4	-0.02	-0.23	0.02	-0.12	0.01	0.07	-0.27		-0.12	0.72	-0.08	-0.57
Long Term Debt	0.74	0.49	0.59	0.8	-0.69	0.83	0.43	-0.55	-0.02	0.83	0.61	-0.26	0.36	0.0	0.81	0.85	0.66	0.0	0.72	0.6	-0.55	-0.12		-0.62	0.01	0.26
Good Will	-0.17	-0.23	-0.08	-0.6	0.83	-0.74	-0.44	0.0	0.33	-0.69	-0.19	0.65	0.16	0.27	-0.59	-0.69	-0.26	-0.17	-0.31	-0.23	0.12	0.72	-0.62		-0.19	-0.64
Short Term Investments	0.07	-0.04	0.05	0.34	0.22	-0.15	-0.15	-0.04	0.17	-0.18	0.07	-0.31	0.04	-0.47	0.35	0.16	0.02	0.97	0.05	0.1	-0.02	-0.08	0.01	-0.19		0.28
Intangible Assets	-0.14	-0.41	-0.21	0.2	-0.42	0.41	-0.28	0.39	0.17	0.37	-0.21	-0.46	-0.17	-0.64	0.19	0.39	-0.16	0.21	-0.2	-0.14	0.32	-0.57	0.26	-0.64	0.28

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HSBC Holdings Account Relationship Matchups

HSBC Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7T	3.0T	3.0T	3.0T	3.0T	1.7T
Short Long Term Debt Total	129.2B	117.4B	99.0B	100.4B	235.2B	246.9B
Total Stockholder Equity	184.0B	196.4B	198.3B	187.5B	185.3B	109.2B
Property Plant And Equipment Net	14.7B	14.4B	13.2B	12.6B	12.9B	13.6B
Net Debt	(29.9B)	(191.1B)	(308.1B)	(233.9B)	(305.9B)	(290.6B)
Cash	159.1B	308.6B	407.2B	334.3B	307.0B	322.4B
Non Current Assets Total	1.1T	1.2T	1.0T	1.1T	3.8T	4.0T
Non Currrent Assets Other	(1.1T)	(1.2T)	(1.0T)	(1.1T)	(1.1T)	(1.1T)
Other Assets	1.3T	1.5T	1.5T	1.6T	(1.1T)	(1.1T)
Cash And Short Term Investments	159.1B	308.6B	407.2B	350.1B	307.0B	322.4B
Common Stock Shares Outstanding	20.0B	20.2B	20.2B	20.3B	19.6B	17.3B
Liabilities And Stockholders Equity	2.7T	3.0T	3.0T	3.0T	3.0T	1.7T
Non Current Liabilities Total	129.2B	117.4B	99.0B	2.8T	164.0B	155.8B
Other Stockholder Equity	37.0B	45.5B	43.5B	34.9B	23.6B	31.1B
Total Liab	129.2B	117.4B	99.0B	2.8T	2.8T	3.0T
Property Plant And Equipment Gross	14.7B	14.4B	13.2B	12.6B	12.9B	13.1B
Total Current Assets	295.7B	318.9B	407.2B	334.3B	319.8B	217.0B
Retained Earnings	136.7B	140.6B	144.5B	152.1B	152.1B	104.3B
Net Receivables	136.7B	10.3B	970M	1.2B	1.4B	1.3B
Common Stock Total Equity	10.2B	10.2B	10.3B	10.3B	11.9B	8.3B
Common Stock	10.3B	10.3B	10.3B	10.1B	9.6B	8.5B
Other Current Assets	9.1B	8.1B	8.2B	10.3B	13.9B	13.2B
Other Liab	155.5B	170.0B	176.9B	172.6B	155.3B	294.2B
Long Term Debt	93.4B	178.5B	183.1B	252.1B	289.9B	156.2B
Good Will	5.6B	5.9B	5.0B	4.2B	4.3B	4.1B
Short Term Investments	(31.7B)	254.5B	15.3B	15.8B	1.1B	1.1B
Intangible Assets	14.6B	14.6B	15.6B	17.2B	8.2B	11.3B
Property Plant Equipment	14.7B	14.4B	13.2B	12.6B	11.3B	10.4B
Accumulated Other Comprehensive Income	23.0B	31.2B	28.9B	10.6B	8.8B	17.6B
Other Current Liab	(2.2B)	(690M)	(698M)	(1.1B)	(2.8B)	(2.9B)
Total Current Liabilities	11.8B	10.4B	10.5B	12.4B	2.8B	2.6B
Net Tangible Assets	142.9B	153.6B	155.2B	166.2B	191.1B	163.2B
Accounts Payable	1.5T	1.7T	1.8T	1.7T	1.9T	1.7T
Long Term Investments	976.5B	1.1T	940.9B	1.0T	1.1T	942.1B
Capital Surpluse	10.2B	13.6B	14.0B	14.3B	16.4B	14.2B
Earning Assets	1.1T	1.2T	1.3T	1.4T	1.6T	1.4T

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HSBC Total Revenue vs Tax Provision Analysis

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

Correlation Coefficient

Total Revenue

Tax Provision

HSBC Holdings fundamental ratios Correlations

HSBC Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HSBC Holdings fundamental ratios Accounts

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Additional Tools for HSBC Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.98	Retained Earnings
Retained Earnings	+ 0.97	Total Stockholder Equity
Common Stock	+ 0.97	Total Stockholder Equity

Other Current Assets	- 0.98	Common Stock Shares Outstanding
Other Current Assets	- 0.95	Common Stock
Cash	- 0.92	Net Debt
Other Current Assets	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.91	Non Currrent Assets Other
Other Current Assets	- 0.9	Common Stock Total Equity