PCJEWELLER Income Before Tax vs Tax Provision Analysis

PCJEWELLER   16.80  0.89  5.03%   
PC Jeweller financial indicator trend analysis is much more than just breaking down PC Jeweller Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PC Jeweller Limited is a good investment. Please check the relationship between PC Jeweller Income Before Tax and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller 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 housing.

Income Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PC Jeweller Limited Income Before Tax account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PC Jeweller's Income Before Tax and Tax Provision is 0.83. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of PC Jeweller Limited, assuming nothing else is changed. The correlation between historical values of PC Jeweller's Income Before Tax 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 Income Before Tax of PC Jeweller 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 Income Before Tax i.e., PC Jeweller's Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on PC Jeweller income statement and is an important metric when analyzing PC Jeweller Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 PC Jeweller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PC Jeweller 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller 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 housing.
Selling General Administrative is expected to rise to about 79.3 M this year, although the value of Tax Provision is projected to rise to (22.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense4.3B4.9B5.0B3.1B
Depreciation And Amortization277.5M272.3M203.7M241.5M

PC Jeweller fundamental ratios Correlations

0.6-0.060.960.980.610.550.950.090.380.330.290.090.38-0.170.60.740.96-0.260.870.960.980.590.370.80.15
0.6-0.440.550.610.441.00.5-0.7-0.360.840.81-0.51-0.35-0.640.890.560.74-0.710.770.560.51.0-0.010.83-0.56
-0.06-0.44-0.04-0.07-0.07-0.45-0.010.480.27-0.4-0.390.50.470.21-0.49-0.27-0.230.43-0.12-0.050.01-0.430.05-0.290.43
0.960.55-0.040.870.440.490.830.20.480.390.360.140.32-0.240.610.590.89-0.120.811.00.930.540.150.730.07
0.980.61-0.070.870.690.560.980.010.280.270.220.060.41-0.10.550.810.96-0.340.860.880.970.60.50.810.2
0.610.44-0.070.440.690.430.72-0.16-0.070.10.04-0.140.270.010.280.870.65-0.340.530.460.630.420.580.520.29
0.551.0-0.450.490.560.430.46-0.74-0.440.840.8-0.56-0.39-0.640.870.540.7-0.740.740.50.441.0-0.010.82-0.58
0.950.5-0.010.830.980.720.460.10.320.140.090.060.53-0.030.430.810.91-0.240.770.850.970.490.570.720.33
0.09-0.70.480.20.01-0.16-0.740.10.86-0.61-0.590.730.650.43-0.55-0.18-0.150.75-0.260.190.2-0.70.08-0.410.65
0.38-0.360.270.480.28-0.07-0.440.320.86-0.3-0.290.710.560.25-0.180.010.150.560.00.470.44-0.370.01-0.120.42
0.330.84-0.40.390.270.10.840.14-0.61-0.31.0-0.42-0.56-0.770.750.210.45-0.550.520.390.190.85-0.450.55-0.83
0.290.81-0.390.360.220.040.80.09-0.59-0.291.0-0.41-0.58-0.780.720.150.4-0.510.480.360.140.81-0.490.5-0.86
0.09-0.510.50.140.06-0.14-0.560.060.730.71-0.42-0.410.440.34-0.51-0.13-0.130.24-0.070.130.16-0.510.04-0.250.42
0.38-0.350.470.320.410.27-0.390.530.650.56-0.56-0.580.440.47-0.320.350.210.340.050.320.49-0.360.580.030.78
-0.17-0.640.21-0.24-0.10.01-0.64-0.030.430.25-0.77-0.780.340.47-0.45-0.04-0.20.37-0.26-0.23-0.11-0.650.41-0.260.79
0.60.89-0.490.610.550.280.870.43-0.55-0.180.750.72-0.51-0.32-0.450.460.73-0.480.730.610.470.89-0.060.82-0.5
0.740.56-0.270.590.810.870.540.81-0.180.010.210.15-0.130.35-0.040.460.79-0.50.630.620.740.540.50.640.19
0.960.74-0.230.890.960.650.70.91-0.150.150.450.4-0.130.21-0.20.730.79-0.410.930.90.910.730.390.90.02
-0.26-0.710.43-0.12-0.34-0.34-0.74-0.240.750.56-0.55-0.510.240.340.37-0.48-0.5-0.41-0.52-0.14-0.18-0.71-0.13-0.570.44
0.870.77-0.120.810.860.530.740.77-0.260.00.520.48-0.070.05-0.260.730.630.93-0.520.820.80.770.30.93-0.11
0.960.56-0.051.00.880.460.50.850.190.470.390.360.130.32-0.230.610.620.9-0.140.820.930.550.170.730.07
0.980.50.010.930.970.630.440.970.20.440.190.140.160.49-0.110.470.740.91-0.180.80.930.480.450.720.27
0.591.0-0.430.540.60.421.00.49-0.7-0.370.850.81-0.51-0.36-0.650.890.540.73-0.710.770.550.48-0.020.83-0.57
0.37-0.010.050.150.50.58-0.010.570.080.01-0.45-0.490.040.580.41-0.060.50.39-0.130.30.170.45-0.020.350.62
0.80.83-0.290.730.810.520.820.72-0.41-0.120.550.5-0.250.03-0.260.820.640.9-0.570.930.730.720.830.35-0.17
0.15-0.560.430.070.20.29-0.580.330.650.42-0.83-0.860.420.780.79-0.50.190.020.44-0.110.070.27-0.570.62-0.17
Click cells to compare fundamentals

PC Jeweller Account Relationship Matchups

PC Jeweller fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.0B79.0B75.5B76.4B72.7B69.8B
Short Long Term Debt Total24.3B24.1B33.9B37.4B41.5B43.6B
Other Current Liab2.0B964.7M611.7M830.1M860.2M1.2B
Total Current Liabilities37.5B35.3B35.7B38.6B42.9B37.2B
Total Stockholder Equity40.0B42.7B38.9B36.9B29.3B32.1B
Property Plant And Equipment Net1.7B1.4B1.2B1.1B702.6M1.1B
Net Debt24.0B23.6B33.7B36.9B41.5B43.5B
Retained Earnings25.8B26.4B22.6B20.5B13.8B19.3B
Accounts Payable10.9B9.4B163.7M173.9M138.3M131.4M
Cash280.5M577.7M233.8M419M47.3M44.9M
Non Current Assets Total2.7B2.5B3.3B13.2B13.9B14.6B
Non Currrent Assets Other148.8M846.4M842M11.8B13.1B13.8B
Cash And Short Term Investments1.5B1.0B628.5M500.8M73.4M69.7M
Net Receivables18.8B14.5B2.9B4.3B1.8B1.7B
Common Stock Shares Outstanding395.5M395.7M406.5M465.4M535.2M431.0M
Liabilities And Stockholders Equity79.0B79.0B75.5B76.4B72.7B69.8B
Non Current Liabilities Total1.5B954.8M822.2M804M465.4M578.1M
Inventory54.1B59.4B56.7B57.9B56.3B46.8B
Other Current Assets1.8B1.7B563.1M484.2M560.4M532.4M
Other Stockholder Equity9.1B9.3B10.0B10.7B12.3B8.2B
Total Liab38.9B36.3B36.6B39.5B43.4B37.8B
Total Current Assets76.3B76.5B72.2B63.1B58.8B65.6B
Accumulated Other Comprehensive Income(871M)907.5M972.7M1.0B124.7M130.9M
Short Term Debt23.2B23.2B33.1B36.6B41.1B43.1B
Intangible Assets17.8M27.2M16.2M8.1M6.8M6.5M
Common Stock3.9B3.9B4.0B4.7B5.4B3.4B
Current Deferred Revenue3.2B2.7B2.3B1.4B36.7M34.9M
Short Term Investments1.2B432.1M394.7M81.8M26.1M24.8M
Other Liab451.8M442.9M47M44.5M51.2M48.6M
Net Tangible Assets39.2B40.0B42.7B38.9B44.7B35.6B
Other Assets1.0B1.0B2.0B105.4M121.2M115.1M
Long Term Debt115.8M6.6M3.2M0.03.9M3.7M
Short Long Term Debt22.9B22.9B32.8B36.3B40.9B20.6B
Property Plant Equipment1.7B1.4B1.2B1.1B1.3B1.2B
Long Term Debt Total1.0B907.8M777.7M763.1M877.6M695.9M
Capital Surpluse9.0B9.1B9.3B10.7B12.3B9.6B
Cash And Equivalents531.4M19.7M72.2M419M481.9M505.9M
Net Invested Capital63.0B65.6B71.7B73.2B70.2B71.4B
Net Working Capital38.8B41.2B36.5B24.5B15.9B26.5B

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 PCJEWELLER Stock

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