Portage Selling And Marketing Expenses vs Income Before Tax Analysis

PFTAW Stock  USD 0.02  0  13.10%   
Portage Fintech financial indicator trend analysis is much more than just breaking down Portage Fintech Acqu prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Portage Fintech Acqu is a good investment. Please check the relationship between Portage Fintech Selling And Marketing Expenses and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portage Fintech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Selling And Marketing Expenses vs Income Before Tax

Selling And Marketing Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portage Fintech Acqu Selling And Marketing Expenses account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Portage Fintech's Selling And Marketing Expenses and Income Before Tax is -0.48. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Portage Fintech Acquisition, assuming nothing else is changed. The correlation between historical values of Portage Fintech's Selling And Marketing Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Portage Fintech Acquisition are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling And Marketing Expenses i.e., Portage Fintech's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Portage Fintech income statement and is an important metric when analyzing Portage Fintech Acqu 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.
Most indicators from Portage Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Portage Fintech Acqu 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 Portage Fintech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Portage Fintech's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 36.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Expense10.5M18.4M21.2M15.9M
Depreciation And Amortization3.4M2.7M3.3M2.5M

Portage Fintech fundamental ratios Correlations

-0.49-0.491.0-0.86-0.970.861.0-0.10.940.861.00.940.840.891.00.861.00.871.00.751.00.94
-0.491.0-0.450.860.68-0.86-0.490.91-0.5-0.86-0.49-0.5-0.88-0.04-0.44-0.86-0.45-0.85-0.48-0.94-0.48-0.5
-0.491.0-0.450.860.68-0.86-0.490.91-0.5-0.86-0.49-0.5-0.88-0.04-0.44-0.86-0.45-0.85-0.48-0.94-0.48-0.5
1.0-0.45-0.45-0.84-0.960.841.0-0.050.940.841.00.940.820.911.00.831.00.851.00.721.00.94
-0.860.860.86-0.840.96-1.0-0.860.59-0.81-1.0-0.86-0.81-1.0-0.54-0.83-1.0-0.84-1.0-0.86-0.98-0.86-0.81
-0.970.680.68-0.960.96-0.96-0.970.33-0.91-0.96-0.97-0.91-0.95-0.76-0.96-0.96-0.96-0.96-0.97-0.88-0.97-0.91
0.86-0.86-0.860.84-1.0-0.960.86-0.590.821.00.860.821.00.540.841.00.841.00.860.980.860.82
1.0-0.49-0.491.0-0.86-0.970.86-0.090.940.861.00.940.840.891.00.851.00.871.00.741.00.94
-0.10.910.91-0.050.590.33-0.59-0.09-0.1-0.59-0.1-0.1-0.620.35-0.05-0.59-0.05-0.57-0.09-0.73-0.09-0.1
0.94-0.5-0.50.94-0.81-0.910.820.94-0.10.820.931.00.80.80.930.810.940.830.940.70.941.0
0.86-0.86-0.860.84-1.0-0.961.00.86-0.590.820.860.821.00.540.841.00.841.00.860.980.860.82
1.0-0.49-0.491.0-0.86-0.970.861.0-0.10.930.860.930.850.891.00.861.00.881.00.751.00.93
0.94-0.5-0.50.94-0.81-0.910.820.94-0.11.00.820.930.80.80.930.810.940.830.940.70.941.0
0.84-0.88-0.880.82-1.0-0.951.00.84-0.620.81.00.850.80.510.821.00.821.00.840.990.840.8
0.89-0.04-0.040.91-0.54-0.760.540.890.350.80.540.890.80.510.910.540.910.560.890.370.890.8
1.0-0.44-0.441.0-0.83-0.960.841.0-0.050.930.841.00.930.820.910.831.00.851.00.711.00.93
0.86-0.86-0.860.83-1.0-0.961.00.85-0.590.811.00.860.811.00.540.830.831.00.850.980.850.81
1.0-0.45-0.451.0-0.84-0.960.841.0-0.050.940.841.00.940.820.911.00.830.851.00.721.00.94
0.87-0.85-0.850.85-1.0-0.961.00.87-0.570.831.00.880.831.00.560.851.00.850.870.980.870.83
1.0-0.48-0.481.0-0.86-0.970.861.0-0.090.940.861.00.940.840.891.00.851.00.870.741.00.94
0.75-0.94-0.940.72-0.98-0.880.980.74-0.730.70.980.750.70.990.370.710.980.720.980.740.740.7
1.0-0.48-0.481.0-0.86-0.970.861.0-0.090.940.861.00.940.840.891.00.851.00.871.00.740.94
0.94-0.5-0.50.94-0.81-0.910.820.94-0.11.00.820.931.00.80.80.930.810.940.830.940.70.94
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Portage Fintech Account Relationship Matchups

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When running Portage Fintech's price analysis, check to measure Portage Fintech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Portage Fintech is operating at the current time. Most of Portage Fintech's value examination focuses on studying past and present price action to predict the probability of Portage Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Portage Fintech's price. Additionally, you may evaluate how the addition of Portage Fintech to your portfolios can decrease your overall portfolio volatility.