Mason Gross Profit vs Tax Provision Analysis

LLG Stock

CAD 0.07 0.01 6.67%

Mason Graphite financial indicator trend analysis is infinitely more than just investigating Mason Graphite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mason Graphite is a good investment. Please check the relationship between Mason Graphite Gross Profit and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mason Graphite. 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.

Gross Profit vs Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mason Graphite Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mason Graphite's Gross Profit and Tax Provision is -0.12. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Mason Graphite, assuming nothing else is changed. The correlation between historical values of Mason Graphite's Gross Profit 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 Gross Profit of Mason Graphite 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 Gross Profit i.e., Mason Graphite's Gross Profit and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Mason Graphite minus its cost of goods sold. It is profit before Mason Graphite operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Mason Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mason Graphite 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mason Graphite. 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 drop to about 2.7 M in 2024. Tax Provision is likely to climb to about (1 M) in 2024

Mason Graphite fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Current Liabilities Total	Other Liab	Net Tangible Assets	Current Deferred Revenue	Accounts Payable	Long Term Debt	Long Term Investments	Short Long Term Debt	Short Term Debt	Common Stock
Total Assets		0.75	0.99	-0.52	-0.02	0.61	0.64	0.35	0.56	0.2	0.55	0.57	-0.05	0.61	0.73	0.84	-0.01	0.33	0.84	0.48	0.55	0.17	0.17	0.26	0.26	0.43
Total Current Liabilities	0.75		0.69	-0.4	0.28	0.61	0.56	0.41	0.22	0.14	0.75	0.55	0.22	0.5	0.74	0.65	0.21	0.04	0.7	0.29	0.64	-0.06	-0.26	0.29	0.29	0.04
Total Stockholder Equity	0.99	0.69		-0.59	-0.1	0.62	0.65	0.3	0.59	0.08	0.41	0.57	-0.2	0.68	0.69	0.83	-0.14	0.3	0.85	0.5	0.51	0.22	0.24	0.28	0.28	0.54
Net Debt	-0.52	-0.4	-0.59		0.4	-0.93	-0.93	-0.19	-0.52	0.26	0.03	-0.89	0.56	-0.43	-0.12	-0.14	0.48	-0.1	-0.66	-0.35	-0.48	-0.46	-0.02	-0.13	-0.13	-0.67
Retained Earnings	-0.02	0.28	-0.1	0.4		-0.21	-0.29	0.33	-0.8	0.19	0.52	-0.3	0.48	0.16	0.54	0.33	0.76	-0.23	0.18	-0.63	0.38	-0.16	-0.45	-0.43	-0.43	-0.84
Cash	0.61	0.61	0.62	-0.93	-0.21		0.98	0.36	0.47	0.02	0.31	0.96	-0.25	0.35	0.27	0.2	-0.17	0.17	0.69	0.35	0.65	0.42	-0.17	0.1	0.1	0.46
Cash And Short Term Investments	0.64	0.56	0.65	-0.93	-0.29	0.98		0.31	0.52	0.02	0.26	0.92	-0.25	0.31	0.19	0.2	-0.23	0.21	0.72	0.37	0.6	0.34	0.02	0.13	0.13	0.51
Net Receivables	0.35	0.41	0.3	-0.19	0.33	0.36	0.31		-0.02	0.22	0.48	0.35	0.07	0.23	0.31	0.19	0.22	-0.22	0.32	-0.25	0.43	0.14	-0.26	-0.26	-0.26	-0.2
Common Stock Shares Outstanding	0.56	0.22	0.59	-0.52	-0.8	0.47	0.52	-0.02		0.11	0.01	0.52	-0.29	0.15	-0.01	0.19	-0.5	0.43	0.21	0.86	0.0	0.23	0.37	0.53	0.53	0.86
Other Stockholder Equity	0.2	0.14	0.08	0.26	0.19	0.02	0.02	0.22	0.11		0.68	0.01	0.73	-0.35	0.21	0.12	0.71	0.69	-0.04	0.18	0.17	-0.1	-0.17	0.08	0.08	-0.33
Total Liab	0.55	0.75	0.41	0.03	0.52	0.31	0.26	0.48	0.01	0.68		0.27	0.7	0.12	0.68	0.52	0.74	0.25	0.38	0.14	0.61	-0.04	-0.39	0.01	0.01	-0.38
Total Current Assets	0.57	0.55	0.57	-0.89	-0.3	0.96	0.92	0.35	0.52	0.01	0.27		-0.29	0.29	0.21	0.12	-0.22	0.15	0.62	0.38	0.58	0.48	-0.23	0.1	0.1	0.5
Short Long Term Debt Total	-0.05	0.22	-0.2	0.56	0.48	-0.25	-0.25	0.07	-0.29	0.73	0.7	-0.29		-0.43	0.17	0.04	0.82	0.2	-0.21	-0.13	0.09	-0.42	-0.23	-0.05	-0.05	-0.7
Other Current Liab	0.61	0.5	0.68	-0.43	0.16	0.35	0.31	0.23	0.15	-0.35	0.12	0.29	-0.43		0.73	0.7	-0.2	-0.13	0.63	0.11	0.44	0.28	-0.12	0.04	0.04	0.29
Property Plant And Equipment Net	0.73	0.74	0.69	-0.12	0.54	0.27	0.19	0.31	-0.01	0.21	0.68	0.21	0.17	0.73		0.89	0.41	0.13	0.67	0.1	0.6	0.13	-0.3	0.02	0.02	-0.11
Non Current Assets Total	0.84	0.65	0.83	-0.14	0.33	0.2	0.2	0.19	0.19	0.12	0.52	0.12	0.04	0.7	0.89		0.19	0.21	0.71	0.26	0.45	0.04	0.16	0.16	0.16	0.14
Non Current Liabilities Total	-0.01	0.21	-0.14	0.48	0.76	-0.17	-0.23	0.22	-0.5	0.71	0.74	-0.22	0.82	-0.2	0.41	0.19		0.19	-0.03	-0.28	0.38	-0.04	-0.47	-0.37	-0.37	-0.79
Other Liab	0.33	0.04	0.3	-0.1	-0.23	0.17	0.21	-0.22	0.43	0.69	0.25	0.15	0.2	-0.13	0.13	0.21	0.19		0.19	0.55	0.08	-0.05	0.16	0.46	0.46	0.24
Net Tangible Assets	0.84	0.7	0.85	-0.66	0.18	0.69	0.72	0.32	0.21	-0.04	0.38	0.62	-0.21	0.63	0.67	0.71	-0.03	0.19		0.17	0.67	0.18	0.08	0.07	0.07	0.28
Current Deferred Revenue	0.48	0.29	0.5	-0.35	-0.63	0.35	0.37	-0.25	0.86	0.18	0.14	0.38	-0.13	0.11	0.1	0.26	-0.28	0.55	0.17		0.13	0.17	0.25	0.59	0.59	0.7
Accounts Payable	0.55	0.64	0.51	-0.48	0.38	0.65	0.6	0.43	0.0	0.17	0.61	0.58	0.09	0.44	0.6	0.45	0.38	0.08	0.67	0.13		0.48	-0.37	-0.32	-0.32	-0.06
Long Term Debt	0.17	-0.06	0.22	-0.46	-0.16	0.42	0.34	0.14	0.23	-0.1	-0.04	0.48	-0.42	0.28	0.13	0.04	-0.04	-0.05	0.18	0.17	0.48		-0.27	-0.55	-0.55	0.33
Long Term Investments	0.17	-0.26	0.24	-0.02	-0.45	-0.17	0.02	-0.26	0.37	-0.17	-0.39	-0.23	-0.23	-0.12	-0.3	0.16	-0.47	0.16	0.08	0.25	-0.37	-0.27		0.27	0.27	0.48
Short Long Term Debt	0.26	0.29	0.28	-0.13	-0.43	0.1	0.13	-0.26	0.53	0.08	0.01	0.1	-0.05	0.04	0.02	0.16	-0.37	0.46	0.07	0.59	-0.32	-0.55	0.27		1.0	0.44
Short Term Debt	0.26	0.29	0.28	-0.13	-0.43	0.1	0.13	-0.26	0.53	0.08	0.01	0.1	-0.05	0.04	0.02	0.16	-0.37	0.46	0.07	0.59	-0.32	-0.55	0.27	1.0		0.44
Common Stock	0.43	0.04	0.54	-0.67	-0.84	0.46	0.51	-0.2	0.86	-0.33	-0.38	0.5	-0.7	0.29	-0.11	0.14	-0.79	0.24	0.28	0.7	-0.06	0.33	0.48	0.44	0.44

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Mason Graphite Account Relationship Matchups

Mason Graphite fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	33.2M	26.5M	26.4M	26.9M	38.0M	45.4M
Total Current Liabilities	3.0M	1.6M	178.1K	308.9K	110.9K	105.4K
Total Stockholder Equity	30.2M	24.9M	20.5M	26.6M	37.9M	38.0M
Net Debt	(26.6M)	(20.1M)	(7.3M)	(7.6M)	(6.8M)	(7.2M)
Retained Earnings	(88.7M)	(95.2M)	(100.5M)	(97.0M)	(86.8M)	(82.5M)
Cash	26.6M	20.1M	7.3M	7.6M	5.5M	5.2M
Cash And Short Term Investments	26.6M	20.1M	7.3M	7.6M	8.7M	14.4M
Net Receivables	751.3K	169.6K	213.6K	215.7K	194.2K	184.5K
Common Stock Shares Outstanding	136.2M	136.2M	136.3M	140.9M	141.3M	115.0M
Liabilities And Stockholders Equity	33.2M	26.5M	26.4M	26.9M	30.9M	45.7M
Other Stockholder Equity	11.1M	11.2M	12.3M	13.1M	11.8M	17.6M
Total Liab	3.0M	1.6M	277.1K	308.9K	110.9K	105.4K
Total Current Assets	27.5M	20.4M	20.7M	7.8M	5.8M	5.5M
Other Current Liab	1.6M	1.4M	120.6K	308.9K	355.2K	337.4K
Property Plant And Equipment Net	76.8M	5.8M	5.7M	5.7M	5.1M	0.0
Non Current Assets Total	5.8M	6.2M	5.7M	19.1M	32.2M	23.5M
Accumulated Other Comprehensive Income	11.2M	12.3M	13.1M	13.3M	15.3M	11.7M
Net Tangible Assets	56.6M	30.2M	24.9M	20.5M	23.5M	40.7M
Accounts Payable	1.4M	192.6K	57.5K	110.8K	66.4K	63.1K
Long Term Investments	5.5M	8.0M	0.0	14.0M	32.2M	33.8M
Property Plant Equipment	43.1M	5.8M	5.7M	5.7M	5.1M	4.9M
Other Current Assets	102.4K	64.5K	13.2M	45.2K	52.0K	49.4K
Net Invested Capital	30.2M	24.9M	20.5M	26.6M	37.9M	36.7M
Net Working Capital	24.5M	18.7M	20.6M	7.5M	5.7M	5.4M

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