NSTS Tax Provision vs Interest Expense Analysis
NSTS Stock | USD 11.79 0.04 0.34% |
NSTS Bancorp financial indicator trend analysis is infinitely more than just investigating NSTS Bancorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NSTS Bancorp is a good investment. Please check the relationship between NSTS Bancorp Tax Provision and its Interest Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NSTS Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy NSTS Stock please use our How to Invest in NSTS Bancorp guide.
Tax Provision vs Interest Expense
Tax Provision vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NSTS Bancorp Tax Provision account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NSTS Bancorp's Tax Provision and Interest Expense is -0.27. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Expense in the same time period over historical financial statements of NSTS Bancorp, assuming nothing else is changed. The correlation between historical values of NSTS Bancorp's Tax Provision and Interest Expense 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 NSTS Bancorp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Tax Provision i.e., NSTS Bancorp's Tax Provision and Interest Expense 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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Most indicators from NSTS Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NSTS Bancorp 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 NSTS Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy NSTS Stock please use our How to Invest in NSTS Bancorp guide.At this time, NSTS Bancorp's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 5.4 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (18.21).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.0M | 6.3M | 7.5M | 7.0M | Net Interest Income | 4.1M | 5.6M | 6.4M | 5.7M |
NSTS Bancorp fundamental ratios Correlations
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NSTS Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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