Mulberry Tax Provision vs Other Operating Expenses Analysis

MUL Stock   98.50  1.50  1.50%   
Mulberry Group financial indicator trend analysis is infinitely more than just investigating Mulberry Group PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mulberry Group PLC is a good investment. Please check the relationship between Mulberry Group Tax Provision and its Other Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mulberry Group 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 bureau of economic analysis.

Tax Provision vs Other Operating Expenses

Tax Provision vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mulberry Group PLC Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mulberry Group's Tax Provision and Other Operating Expenses is -0.18. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Mulberry Group PLC, assuming nothing else is changed. The correlation between historical values of Mulberry Group's Tax Provision and Other Operating Expenses 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 Mulberry Group PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., Mulberry Group's Tax Provision and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mulberry Group PLC. It is also known as Mulberry Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Mulberry Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mulberry Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mulberry Group 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 bureau of economic analysis.
As of December 3, 2024, Selling General Administrative is expected to decline to about 72.1 M. In addition to that, Tax Provision is expected to decline to about 812.6 K
 2021 2022 2023 2024 (projected)
Interest Expense3.5M3.9M5.0M5.3M
Depreciation And Amortization12.2M13.9M16.0M16.8M

Mulberry Group fundamental ratios Correlations

0.320.520.490.370.63-0.590.20.280.820.340.690.190.340.870.870.340.87-0.060.910.420.050.810.150.86-0.06
0.32-0.490.72-0.720.860.40.98-0.790.31-0.40.840.09-0.40.170.140.99-0.06-0.140.310.990.69-0.190.90.180.58
0.52-0.490.110.85-0.16-0.93-0.610.820.340.81-0.10.060.810.690.71-0.510.720.270.55-0.35-0.250.88-0.410.69-0.2
0.490.720.11-0.260.81-0.180.64-0.340.50.020.780.120.020.580.540.640.280.240.580.810.840.250.840.60.68
0.37-0.720.85-0.26-0.34-0.85-0.790.990.210.63-0.270.040.630.460.52-0.720.690.050.36-0.63-0.520.76-0.680.44-0.51
0.630.86-0.160.81-0.340.030.82-0.420.64-0.250.970.08-0.250.460.460.840.31-0.080.590.910.630.150.780.480.4
-0.590.4-0.93-0.18-0.850.030.5-0.8-0.42-0.69-0.06-0.03-0.69-0.78-0.810.41-0.79-0.18-0.650.260.17-0.870.33-0.770.11
0.20.98-0.610.64-0.790.820.5-0.840.23-0.570.790.02-0.570.050.010.97-0.15-0.170.180.950.69-0.330.90.060.58
0.28-0.790.82-0.340.99-0.42-0.8-0.840.140.6-0.350.030.60.370.43-0.780.630.070.27-0.7-0.560.7-0.730.35-0.56
0.820.310.340.50.210.64-0.420.230.140.180.650.090.180.70.70.340.640.180.730.420.050.570.150.7-0.11
0.34-0.40.810.020.63-0.25-0.69-0.570.60.18-0.230.381.00.460.5-0.390.410.190.42-0.29-0.330.76-0.420.45-0.22
0.690.84-0.10.78-0.270.97-0.060.79-0.350.65-0.230.02-0.230.560.560.830.41-0.180.690.880.580.220.730.570.42
0.190.090.060.120.040.08-0.030.020.030.090.380.020.380.080.080.110.110.080.190.12-0.020.280.040.08-0.17
0.34-0.40.810.020.63-0.25-0.69-0.570.60.181.0-0.230.380.460.5-0.390.410.190.42-0.29-0.330.76-0.420.45-0.22
0.870.170.690.580.460.46-0.780.050.370.70.460.560.080.460.980.150.830.060.950.30.210.810.161.00.23
0.870.140.710.540.520.46-0.810.010.430.70.50.560.080.50.980.130.850.030.960.270.150.840.110.990.17
0.340.99-0.510.64-0.720.840.410.97-0.780.34-0.390.830.11-0.390.150.13-0.05-0.190.310.970.58-0.180.820.160.49
0.87-0.060.720.280.690.31-0.79-0.150.630.640.410.410.110.410.830.85-0.050.030.790.05-0.120.9-0.120.82-0.22
-0.06-0.140.270.240.05-0.08-0.18-0.170.070.180.19-0.180.080.190.060.03-0.190.03-0.12-0.070.090.120.010.07-0.01
0.910.310.550.580.360.59-0.650.180.270.730.420.690.190.420.950.960.310.79-0.120.430.210.770.230.950.2
0.420.99-0.350.81-0.630.910.260.95-0.70.42-0.290.880.12-0.290.30.270.970.05-0.070.430.71-0.060.90.320.59
0.050.69-0.250.84-0.520.630.170.69-0.560.05-0.330.58-0.02-0.330.210.150.58-0.120.090.210.71-0.210.930.250.87
0.81-0.190.880.250.760.15-0.87-0.330.70.570.760.220.280.760.810.84-0.180.90.120.77-0.06-0.21-0.240.81-0.24
0.150.9-0.410.84-0.680.780.330.9-0.730.15-0.420.730.04-0.420.160.110.82-0.120.010.230.90.93-0.240.190.79
0.860.180.690.60.440.48-0.770.060.350.70.450.570.080.451.00.990.160.820.070.950.320.250.810.190.26
-0.060.58-0.20.68-0.510.40.110.58-0.56-0.11-0.220.42-0.17-0.220.230.170.49-0.22-0.010.20.590.87-0.240.790.26
Click cells to compare fundamentals

Mulberry Group Account Relationship Matchups

Mulberry Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets133.6M119.9M133.8M159.3M117.7M71.2M
Short Long Term Debt Total98.1M78.5M68.7M84.2M81.2M85.3M
Other Current Liab7.7M12.3M14.4M13.7M13.4M9.9M
Total Current Liabilities40.7M37.4M41.7M50.8M56.9M59.7M
Total Stockholder Equity17.3M22.3M42.2M53.2M17.4M16.5M
Property Plant And Equipment Net62.9M47.1M46.8M77.3M53.1M55.7M
Net Debt90.1M66.7M43.0M77.3M74.1M77.8M
Retained Earnings1.8M7.0M27.0M38.1M3.0M2.8M
Accounts Payable13.7M9.9M10.6M14.5M9.9M7.3M
Cash8.0M11.8M25.7M6.9M7.1M10.4M
Non Current Assets Total79.2M63.5M55.4M84.2M62.0M65.1M
Non Currrent Assets Other337K187K(2.4M)6.4M254K216.3K
Cash And Short Term Investments8.0M11.8M25.7M6.9M7.1M10.4M
Liabilities And Stockholders Equity133.6M119.9M133.8M159.3M117.7M71.2M
Non Current Liabilities Total79.4M63.7M54.3M61.7M50.0M52.5M
Inventory34.9M31.5M36.8M48.3M33.2M22.9M
Other Current Assets1.3M2.8M5.2M7.1M7.3M5.9M
Other Stockholder Equity12.6M10.9M12.2M11.3M11.4M9.3M
Total Liab120.1M101.2M96.0M112.5M106.8M112.2M
Property Plant And Equipment Gross62.9M47.1M46.8M77.3M178.8M187.8M
Total Current Assets54.3M56.4M78.4M75.0M55.8M43.1M
Short Term Debt19.2M15.2M14.4M22.5M33.4M35.1M
Accumulated Other Comprehensive Income(113.8M)1.4M1.3M829K(276K)(289.8K)
Long Term Debt2.6M4.7M1.7M0.07.3M7.7M
Net Receivables10.2M10.3M10.8M12.8M8.2M8.4M
Intangible Assets12.2M15.0M3.7M6.0M8.7M8.1M
Net Invested Capital23.4M26.9M47.2M64.8M48.2M44.0M
Net Working Capital13.6M19.0M36.6M24.2M(1.1M)(1.1M)

Also Currently Popular

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 Mulberry Stock

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