NCC Income Tax Expense vs Interest Income Analysis

NCC Stock   309.70  6.35  2.09%   
NCC financial indicator trend analysis is infinitely more than just investigating NCC Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCC Limited is a good investment. Please check the relationship between NCC Income Tax Expense and its Interest Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCC Limited. 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.

Income Tax Expense vs Interest Income

Income Tax Expense vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCC Limited Income Tax Expense account and Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between NCC's Income Tax Expense and Interest Income is 0.26. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Interest Income in the same time period over historical financial statements of NCC Limited, assuming nothing else is changed. The correlation between historical values of NCC's Income Tax Expense and Interest 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 Income Tax Expense of NCC Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Tax Expense i.e., NCC's Income Tax Expense and Interest Income go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from NCC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCC Limited 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 NCC Limited. 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 666.7 M. In addition to that, Tax Provision is expected to decline to about 1.7 B
 2021 2022 2023 2024 (projected)
Interest Expense3.4B5.2B5.9B4.1B
Depreciation And Amortization1.9B2.0B2.1B1.9B

NCC fundamental ratios Correlations

0.020.210.990.880.620.00.660.740.20.650.49-0.130.710.84-0.22-0.170.130.760.680.960.970.79-0.79-0.16-0.11
0.020.10.02-0.40.551.0-0.57-0.49-0.480.64-0.4-0.14-0.42-0.210.10.910.620.13-0.380.27-0.17-0.320.280.560.87
0.210.10.21-0.010.240.050.270.340.550.38-0.160.15-0.230.02-0.150.10.20.22-0.150.330.13-0.170.020.460.28
0.990.020.210.870.530.00.610.710.150.60.52-0.090.710.85-0.15-0.210.170.730.660.950.970.78-0.74-0.12-0.11
0.88-0.4-0.010.870.33-0.410.810.810.280.290.59-0.160.880.86-0.28-0.55-0.210.660.860.710.950.88-0.85-0.45-0.5
0.620.550.240.530.330.520.250.250.040.89-0.11-0.350.190.32-0.370.530.210.660.210.710.450.2-0.420.220.38
0.01.00.050.0-0.410.52-0.6-0.52-0.550.6-0.38-0.16-0.41-0.20.110.90.620.1-0.370.25-0.19-0.320.30.560.85
0.66-0.570.270.610.810.25-0.60.880.580.210.52-0.120.770.66-0.42-0.64-0.520.640.730.490.710.57-0.8-0.44-0.55
0.74-0.490.340.710.810.25-0.520.880.640.250.54-0.030.680.73-0.36-0.58-0.160.460.650.620.80.75-0.84-0.35-0.52
0.2-0.480.550.150.280.04-0.550.580.640.020.060.290.090.05-0.21-0.32-0.310.180.160.150.230.15-0.29-0.27-0.22
0.650.640.380.60.290.890.60.210.250.02-0.02-0.240.170.29-0.260.540.370.70.190.80.450.15-0.40.320.57
0.49-0.4-0.160.520.59-0.11-0.380.520.540.06-0.020.350.560.650.31-0.58-0.090.220.540.370.590.62-0.47-0.53-0.42
-0.13-0.140.15-0.09-0.16-0.35-0.16-0.12-0.030.29-0.240.35-0.32-0.160.87-0.060.13-0.27-0.39-0.09-0.08-0.110.39-0.040.14
0.71-0.42-0.230.710.880.19-0.410.770.680.090.170.56-0.320.8-0.36-0.62-0.40.610.840.530.780.73-0.85-0.45-0.59
0.84-0.210.020.850.860.32-0.20.660.730.050.290.65-0.160.8-0.19-0.470.010.480.740.730.890.82-0.72-0.25-0.44
-0.220.1-0.15-0.15-0.28-0.370.11-0.42-0.36-0.21-0.260.310.87-0.36-0.190.10.28-0.34-0.46-0.16-0.18-0.170.550.080.26
-0.170.910.1-0.21-0.550.530.9-0.64-0.58-0.320.54-0.58-0.06-0.62-0.470.10.520.01-0.560.08-0.37-0.50.430.550.89
0.130.620.20.17-0.210.210.62-0.52-0.16-0.310.37-0.090.13-0.40.010.280.52-0.26-0.30.320.040.070.20.540.54
0.760.130.220.730.660.660.10.640.460.180.70.22-0.270.610.48-0.340.01-0.260.580.740.680.37-0.64-0.170.1
0.68-0.38-0.150.660.860.21-0.370.730.650.160.190.54-0.390.840.74-0.46-0.56-0.30.580.490.750.77-0.82-0.59-0.5
0.960.270.330.950.710.710.250.490.620.150.80.37-0.090.530.73-0.160.080.320.740.490.870.63-0.650.050.15
0.97-0.170.130.970.950.45-0.190.710.80.230.450.59-0.080.780.89-0.18-0.370.040.680.750.870.88-0.8-0.28-0.31
0.79-0.32-0.170.780.880.2-0.320.570.750.150.150.62-0.110.730.82-0.17-0.50.070.370.770.630.88-0.81-0.5-0.52
-0.790.280.02-0.74-0.85-0.420.3-0.8-0.84-0.29-0.4-0.470.39-0.85-0.720.550.430.2-0.64-0.82-0.65-0.8-0.810.440.46
-0.160.560.46-0.12-0.450.220.56-0.44-0.35-0.270.32-0.53-0.04-0.45-0.250.080.550.54-0.17-0.590.05-0.28-0.50.440.54
-0.110.870.28-0.11-0.50.380.85-0.55-0.52-0.220.57-0.420.14-0.59-0.440.260.890.540.1-0.50.15-0.31-0.520.460.54
Click cells to compare fundamentals

NCC Account Relationship Matchups

NCC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets138.1B135.4B144.6B165.5B181.0B122.5B
Short Long Term Debt Total21.8B20.6B13.0B9.7B9.8B9.3B
Other Current Liab4.9B4.5B4.0B4.6B34.8B36.6B
Total Current Liabilities81.6B78.2B83.6B98.9B111.2B66.9B
Total Stockholder Equity49.1B51.7B56.0B61.7B66.4B38.1B
Property Plant And Equipment Net11.6B11.5B11.5B12.5B12.9B10.9B
Net Debt20.7B18.7B10.4B6.9B4.3B4.1B
Retained Earnings11.4B12.0B13.8B15.2B16.0B16.8B
Accounts Payable41.2B38.3B44.0B53.1B67.1B70.5B
Cash1.1B1.9B2.7B2.8B5.5B5.8B
Non Current Assets Total29.5B27.7B30.1B33.0B32.2B30.9B
Non Currrent Assets Other12.4B12.3B14.6B16.4B9.2B13.4B
Cash And Short Term Investments2.8B3.5B3.0B10.9B6.3B8.0B
Net Receivables74.4B77.4B82.7B95.4B68.7B46.4B
Common Stock Shares Outstanding602.3M610.6M614.1M623.7M627.8M542.5M
Short Term Investments1.6B1.5B337.3M8.1B761.3M723.2M
Liabilities And Stockholders Equity138.1B135.4B144.6B165.5B181.0B122.5B
Non Current Liabilities Total4.9B2.5B2.0B1.7B1.7B1.6B
Inventory13.9B12.2B11.5B13.7B17.6B15.8B
Other Current Assets46.7B47.1B51.9B52.2B56.6B31.0B
Other Stockholder Equity26.4B38.0B41.0B27.4B31.5B23.3B
Total Liab86.5B80.7B85.6B100.6B112.9B81.9B
Total Current Assets108.6B107.7B114.5B132.5B148.7B91.6B
Accumulated Other Comprehensive Income(10.9B)12.1B14.6B15.6B21.7B22.8B
Common Stock1.2B1.2B1.2B1.3B1.4B927.2M
Short Term Debt3.1B2.8B(11.6B)8.8B9.1B8.7B
Intangible Assets8M7.1M7.2M83.9M173M164.4M
Current Deferred Revenue19.6B18.5B25.4B2.2B108.4M103.0M
Other Liab3.1B2.5B766.7M835.2M751.7M714.1M
Net Tangible Assets49.1B51.7B56.0B61.6B70.8B43.5B
Other Assets14.5B12.9B15.3B7.4B1.00.95
Long Term Debt2.4B1.7B1.2B890.9M696.8M662.0M
Short Long Term Debt19.4B15.8B11.8B8.8B9.1B12.1B
Property Plant Equipment11.6B11.5B11.5B12.5B14.4B12.3B
Long Term Debt Total2.4B1.7B1.2B890.9M801.8M761.7M
Capital Surpluse25.3B25.6B26.4B27.4B31.5B27.2B
Cash And Equivalents301.5M1.6M1.8M231.3M1.6M1.5M

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Other Information on Investing in NCC Stock

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