NCC Total Other Income Expense Net vs Tax Provision Analysis

NCC Stock   175.00  3.70  2.07%   
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 Total Other Income Expense Net and its Tax Provision 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.

Total Other Income Expense Net vs Tax Provision

Total Other Income Expense Net vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCC Limited Total Other Income Expense Net account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between NCC's Total Other Income Expense Net and Tax Provision is -0.61. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Tax Provision 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 Total Other Income Expense Net 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 Total Other Income Expense Net of NCC Limited 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 Total Other Income Expense Net i.e., NCC's Total Other Income Expense Net and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Total Other Income Expense Net

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 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.
The current year's Tax Provision is expected to grow to about 3.9 B, whereas Selling General Administrative is forecasted to decline to about 600 M.
 2022 2023 2024 2025 (projected)
Interest Expense5.2B5.9B6.8B4.1B
Depreciation And Amortization2.0B2.1B2.4B1.9B

NCC fundamental ratios Correlations

-0.120.380.990.770.54-0.160.70.760.390.650.41-0.130.720.87-0.29-0.260.050.720.660.970.980.78-0.77-0.16-0.18
-0.12-0.09-0.13-0.570.521.0-0.62-0.55-0.540.54-0.38-0.13-0.46-0.30.160.920.63-0.14-0.390.1-0.29-0.360.320.550.87
0.38-0.090.380.480.2-0.140.470.550.640.4-0.120.12-0.070.22-0.25-0.050.10.57-0.060.460.34-0.04-0.10.360.13
0.99-0.130.380.740.46-0.150.660.730.350.60.43-0.10.720.88-0.24-0.290.080.670.640.960.980.78-0.73-0.13-0.18
0.77-0.570.480.740.24-0.60.950.980.660.310.54-0.050.720.77-0.42-0.63-0.270.770.690.660.810.72-0.83-0.38-0.54
0.540.520.20.460.240.490.220.210.050.88-0.11-0.350.190.29-0.360.510.20.550.190.640.390.19-0.420.220.38
-0.161.0-0.14-0.15-0.60.49-0.65-0.59-0.610.5-0.36-0.15-0.46-0.310.170.90.62-0.18-0.390.06-0.32-0.360.340.540.85
0.7-0.620.470.660.950.22-0.650.910.680.260.46-0.10.740.69-0.47-0.66-0.510.830.680.560.730.57-0.78-0.4-0.56
0.76-0.550.550.730.980.21-0.590.910.720.290.45-0.020.650.74-0.42-0.6-0.20.730.590.660.790.7-0.79-0.31-0.52
0.39-0.540.640.350.660.05-0.610.680.720.10.020.250.20.23-0.27-0.38-0.330.550.190.330.430.22-0.34-0.28-0.26
0.650.540.40.60.310.880.50.260.290.1-0.02-0.250.210.34-0.290.470.340.660.220.780.480.2-0.420.30.52
0.41-0.38-0.120.430.54-0.11-0.360.460.450.02-0.020.350.530.580.31-0.55-0.090.280.550.320.480.62-0.45-0.53-0.41
-0.13-0.130.12-0.1-0.05-0.35-0.15-0.1-0.020.25-0.250.35-0.32-0.160.85-0.060.13-0.17-0.4-0.1-0.08-0.120.39-0.040.15
0.72-0.46-0.070.720.720.19-0.460.740.650.20.210.53-0.320.8-0.39-0.64-0.410.570.850.570.770.76-0.85-0.44-0.6
0.87-0.30.220.880.770.29-0.310.690.740.230.340.58-0.160.8-0.26-0.52-0.040.520.740.780.910.84-0.72-0.24-0.46
-0.290.16-0.25-0.24-0.42-0.360.17-0.47-0.42-0.27-0.290.310.85-0.39-0.260.150.3-0.47-0.47-0.24-0.26-0.20.570.090.29
-0.260.92-0.05-0.29-0.630.510.9-0.66-0.6-0.380.47-0.55-0.06-0.64-0.520.150.53-0.19-0.57-0.04-0.43-0.520.460.540.89
0.050.630.10.08-0.270.20.62-0.51-0.2-0.330.34-0.090.13-0.41-0.040.30.53-0.32-0.310.23-0.030.040.220.540.55
0.72-0.140.570.670.770.55-0.180.830.730.550.660.28-0.170.570.52-0.47-0.19-0.320.540.710.650.37-0.71-0.18-0.06
0.66-0.39-0.060.640.690.19-0.390.680.590.190.220.55-0.40.850.74-0.47-0.57-0.310.540.510.70.77-0.82-0.6-0.51
0.970.10.460.960.660.640.060.560.660.330.780.32-0.10.570.78-0.24-0.040.230.710.510.90.66-0.660.020.05
0.98-0.290.340.980.810.39-0.320.730.790.430.480.48-0.080.770.91-0.26-0.43-0.030.650.70.90.85-0.77-0.26-0.35
0.78-0.36-0.040.780.720.19-0.360.570.70.220.20.62-0.120.760.84-0.2-0.520.040.370.770.660.85-0.82-0.5-0.54
-0.770.32-0.1-0.73-0.83-0.420.34-0.78-0.79-0.34-0.42-0.450.39-0.85-0.720.570.460.22-0.71-0.82-0.66-0.77-0.820.440.48
-0.160.550.36-0.13-0.380.220.54-0.4-0.31-0.280.3-0.53-0.04-0.44-0.240.090.540.54-0.18-0.60.02-0.26-0.50.440.54
-0.180.870.13-0.18-0.540.380.85-0.56-0.52-0.260.52-0.410.15-0.6-0.460.290.890.55-0.06-0.510.05-0.35-0.540.480.54
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NCC Account Relationship Matchups

NCC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets135.4B144.6B165.5B181.0B208.1B122.5B
Short Long Term Debt Total20.6B13.0B9.7B9.8B8.8B8.4B
Other Current Liab4.5B4.0B4.6B34.8B40.0B42.0B
Total Current Liabilities78.2B83.6B98.9B111.2B127.8B66.9B
Total Stockholder Equity51.7B56.0B61.7B66.4B76.4B80.2B
Property Plant And Equipment Net11.5B11.5B12.5B12.9B11.6B10.9B
Net Debt18.7B10.4B6.9B4.3B3.9B3.7B
Retained Earnings12.0B13.8B15.2B16.0B18.4B19.4B
Accounts Payable38.3B44.0B53.1B67.1B77.2B81.0B
Cash1.9B2.7B2.8B5.5B5.0B5.2B
Non Current Assets Total27.7B30.1B33.0B32.2B37.1B30.9B
Non Currrent Assets Other12.3B14.6B16.4B9.2B10.6B13.4B
Cash And Short Term Investments3.5B3.0B10.9B6.3B5.7B8.0B
Net Receivables77.4B82.7B95.4B68.7B79.0B46.4B
Common Stock Shares Outstanding610.6M614.1M623.7M627.8M722.0M542.5M
Short Term Investments1.5B337.3M8.1B761.3M685.2M650.9M
Liabilities And Stockholders Equity135.4B144.6B165.5B181.0B208.1B122.5B
Non Current Liabilities Total2.5B2.0B1.7B1.7B1.5B1.5B
Inventory12.2B11.5B13.7B17.6B15.9B15.8B
Other Current Assets47.1B51.9B52.2B56.6B65.1B68.3B
Other Stockholder Equity26.4B38.0B41.0B27.4B31.5B23.3B
Total Liab80.7B85.6B100.6B112.9B129.8B81.9B
Total Current Assets107.7B114.5B132.5B148.7B171.1B91.6B
Accumulated Other Comprehensive Income12.1B14.6B15.6B21.7B24.9B26.2B
Short Term Debt2.8B(11.6B)8.8B9.1B8.2B8.7B
Intangible Assets7.1M7.2M83.9M173M155.7M147.9M
Current Deferred Revenue18.5B25.4B2.2B108.4M124.7M118.4M
Other Liab3.1B2.5B766.7M835.2M751.7M714.1M
Net Tangible Assets49.1B51.7B56.0B61.6B70.8B43.5B
Other Assets12.9B15.3B7.4B1.01.151.09
Long Term Debt1.7B1.2B890.9M696.8M627.1M595.8M
Short Long Term Debt15.8B11.8B8.8B9.1B8.2B12.1B
Property Plant Equipment11.6B11.5B11.5B12.5B14.4B12.3B
Long Term Debt Total2.4B1.7B1.2B890.9M801.8M761.7M
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.