Investment Tax Provision vs Operating Income 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 Tax Provision and its Operating Income 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.
Tax Provision vs Operating Income
Tax Provision vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Investment Tax Provision account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Investment's Tax Provision and Operating Income is -0.27. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income 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 Tax Provision and Operating Income 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 The Investment are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Investment's Tax Provision and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.27 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Operating Income
Operating Income is the amount of profit realized from Investment 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 The Investment 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.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
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Investment Account Relationship Matchups
High Positive Relationship
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Investment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.2M | 16.5M | 16.2M | 16.9M | 7.6M | 13.4M | |
Other Current Liab | (134.1K) | (99.7K) | (106.0K) | (601.2K) | (44.9K) | (390.7K) | |
Total Current Liabilities | 134.1K | 266.9K | 106.0K | 601.2K | 44.9K | 390.7K | |
Total Stockholder Equity | 15.0M | 16.3M | 16.0M | 16.3M | 7.4M | 9.8M | |
Net Debt | (265.1K) | (540.8K) | (678.6K) | (8.3M) | (252.3K) | 436.5K | |
Retained Earnings | 5.8M | 7.0M | 6.8M | 7.0M | 2.2M | 3.5M | |
Accounts Payable | 134.1K | 99.7K | 106.0K | 601.2K | 44.9K | 390.7K | |
Non Current Assets Total | 14.8M | 15.6M | 15.4M | 8.6M | 7.1M | 12.9M | |
Non Currrent Assets Other | (14.8M) | (15.6M) | (15.4M) | (8.6M) | (7.1M) | (12.9M) | |
Liabilities And Stockholders Equity | 15.2M | 16.5M | 16.2M | 16.9M | 7.6M | 13.4M | |
Other Current Assets | 11.8K | 375.6K | 18.3K | 19.1K | 207.0K | 1.2M | |
Total Liab | 134.1K | 266.9K | 106.0K | 601.2K | 210.3K | 3.6M | |
Total Current Assets | 352.8K | 929.8K | 709.0K | 8.3M | 517.2K | 486.4K | |
Cash | 265.1K | 540.8K | 678.6K | 8.3M | 252.3K | 294.9K | |
Cash And Short Term Investments | 265.1K | 540.8K | 678.6K | 8.3M | 252.3K | 294.9K | |
Net Receivables | 87.7K | 13.4K | 12.0K | 5.9K | 57.9K | 191.5K | |
Inventory | (10.6K) | (11.8K) | (375.6K) | (18.3K) | (207.0K) | 6.3K | |
Long Term Investments | 15.8M | 14.8M | 15.6M | 15.4M | 8.6M | 7.1M | |
Net Tangible Assets | 15.0M | 16.3M | 16.0M | 16.3M | 14.6M | 13.6M | |
Other Assets | 15.2M | 16.5M | 16.2M | 639.0 | 734.85 | 698.11 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.