Investment Net Income vs Tax Provision Analysis

INV Stock   383.00  2.00  0.52%   
Investment financial indicator trend analysis is infinitely more than just investigating Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Investment is a good investment. Please check the relationship between Investment Net Income and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Investment. 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.

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Investment Net Income account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Investment's Net Income and Tax Provision is -0.27. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of The Investment, assuming nothing else is changed. The correlation between historical values of Investment's Net 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 Net Income of The Investment 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 Net Income i.e., Investment's Net Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Investment financial statement analysis. It represents the amount of money remaining after all of The Investment operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Investment 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 The Investment. 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.
The current year's Selling General Administrative is expected to grow to about 425.2 K, whereas Tax Provision is forecasted to decline to 3,448.

Investment fundamental ratios Correlations

-0.460.270.320.93-0.210.570.150.77-0.770.610.83-0.65-0.360.27-0.180.240.040.110.230.21-0.23-0.50.660.240.28
-0.46-0.56-0.57-0.730.20.020.16-0.470.47-0.15-0.70.360.84-0.70.52-0.47-0.45-0.65-0.33-0.190.580.42-0.8-0.56-0.12
0.27-0.560.230.430.54-0.16-0.640.66-0.660.440.33-0.55-0.370.2-0.31-0.250.270.38-0.44-0.55-0.33-0.630.410.52-0.2
0.32-0.570.230.45-0.29-0.450.470.31-0.310.270.210.22-0.130.020.370.740.830.810.550.36-0.66-0.490.150.810.27
0.93-0.730.430.45-0.210.380.020.79-0.790.540.92-0.67-0.610.48-0.350.380.260.390.290.21-0.45-0.550.830.460.26
-0.210.20.54-0.29-0.21-0.23-0.750.4-0.40.39-0.28-0.320.31-0.430.11-0.820.02-0.04-0.95-0.990.07-0.16-0.280.08-0.21
0.570.02-0.16-0.450.38-0.23-0.010.18-0.180.090.56-0.53-0.240.37-0.46-0.21-0.74-0.650.00.170.40.250.48-0.62-0.06
0.150.16-0.640.470.02-0.75-0.01-0.310.31-0.12-0.080.560.24-0.20.530.710.170.070.80.81-0.060.06-0.210.060.4
0.77-0.470.660.310.790.40.18-0.31-1.00.80.62-0.76-0.240.03-0.08-0.110.310.35-0.28-0.39-0.38-0.630.490.510.19
-0.770.47-0.66-0.31-0.79-0.4-0.180.31-1.0-0.8-0.620.760.24-0.030.080.11-0.31-0.350.280.390.380.63-0.49-0.51-0.19
0.61-0.150.440.270.540.390.09-0.120.8-0.80.36-0.50.11-0.210.2-0.150.240.2-0.28-0.36-0.23-0.550.180.420.1
0.83-0.70.330.210.92-0.280.56-0.080.62-0.620.36-0.76-0.740.68-0.60.290.030.20.270.24-0.31-0.250.950.210.11
-0.650.36-0.550.22-0.67-0.32-0.530.56-0.760.76-0.5-0.760.48-0.360.580.340.180.050.380.380.080.25-0.71-0.060.01
-0.360.84-0.37-0.13-0.610.31-0.240.24-0.240.240.11-0.740.48-0.830.82-0.33-0.08-0.32-0.3-0.250.330.15-0.88-0.21-0.18
0.27-0.70.20.020.48-0.430.37-0.20.03-0.03-0.210.68-0.36-0.83-0.870.32-0.110.130.340.35-0.170.080.85-0.03-0.3
-0.180.52-0.310.37-0.350.11-0.460.53-0.080.080.2-0.60.580.82-0.870.10.370.120.04-0.01-0.03-0.1-0.790.220.25
0.24-0.47-0.250.740.38-0.82-0.210.71-0.110.11-0.150.290.34-0.330.320.10.560.60.950.85-0.5-0.160.280.490.33
0.04-0.450.270.830.260.02-0.740.170.31-0.310.240.030.18-0.08-0.110.370.560.970.290.05-0.74-0.440.010.930.31
0.11-0.650.380.810.39-0.04-0.650.070.35-0.350.20.20.05-0.320.130.120.60.970.330.09-0.79-0.450.230.940.26
0.23-0.33-0.440.550.29-0.950.00.8-0.280.28-0.280.270.38-0.30.340.040.950.290.330.97-0.290.00.260.210.31
0.21-0.19-0.550.360.21-0.990.170.81-0.390.39-0.360.240.38-0.250.35-0.010.850.050.090.97-0.10.120.22-0.020.26
-0.230.58-0.33-0.66-0.450.070.4-0.06-0.380.38-0.23-0.310.080.33-0.17-0.03-0.5-0.74-0.79-0.29-0.10.39-0.31-0.75-0.23
-0.50.42-0.63-0.49-0.55-0.160.250.06-0.630.63-0.55-0.250.250.150.08-0.1-0.16-0.44-0.450.00.120.39-0.21-0.66-0.22
0.66-0.80.410.150.83-0.280.48-0.210.49-0.490.180.95-0.71-0.880.85-0.790.280.010.230.260.22-0.31-0.210.190.0
0.24-0.560.520.810.460.08-0.620.060.51-0.510.420.21-0.06-0.21-0.030.220.490.930.940.21-0.02-0.75-0.660.190.29
0.28-0.12-0.20.270.26-0.21-0.060.40.19-0.190.10.110.01-0.18-0.30.250.330.310.260.310.26-0.23-0.220.00.29
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Investment Account Relationship Matchups

Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2M16.5M16.2M16.9M7.6M13.4M
Other Current Liab(134.1K)(99.7K)(106.0K)(601.2K)(44.9K)(390.7K)
Total Current Liabilities134.1K266.9K106.0K601.2K44.9K390.7K
Total Stockholder Equity15.0M16.3M16.0M16.3M7.4M9.8M
Net Debt(265.1K)(540.8K)(678.6K)(8.3M)(252.3K)436.5K
Retained Earnings5.8M7.0M6.8M7.0M2.2M3.5M
Accounts Payable134.1K99.7K106.0K601.2K44.9K390.7K
Non Current Assets Total14.8M15.6M15.4M8.6M7.1M12.9M
Non Currrent Assets Other(14.8M)(15.6M)(15.4M)(8.6M)(7.1M)(12.9M)
Liabilities And Stockholders Equity15.2M16.5M16.2M16.9M7.6M13.4M
Other Current Assets11.8K375.6K18.3K19.1K207.0K1.2M
Total Liab134.1K266.9K106.0K601.2K210.3K3.6M
Total Current Assets352.8K929.8K709.0K8.3M517.2K486.4K
Cash265.1K540.8K678.6K8.3M252.3K294.9K
Cash And Short Term Investments265.1K540.8K678.6K8.3M252.3K294.9K
Net Receivables87.7K13.4K12.0K5.9K57.9K191.5K
Inventory(10.6K)(11.8K)(375.6K)(18.3K)(207.0K)6.3K
Long Term Investments15.8M14.8M15.6M15.4M8.6M7.1M
Net Tangible Assets15.0M16.3M16.0M16.3M14.6M13.6M
Other Assets15.2M16.5M16.2M639.0734.85698.11

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Other Information on Investing in Investment Stock

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