SANB Stock | | | 135.50 0.00 0.00% |
SANTANDER financial indicator trend analysis is much more than just breaking down SANTANDER UK 8 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SANTANDER UK 8 is a good investment. Please check the relationship between SANTANDER Tax Provision and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SANTANDER UK 8. 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.
Tax Provision vs Other Operating Expenses
Tax Provision vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SANTANDER UK 8 Tax Provision account and
Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SANTANDER's Tax Provision and Other Operating Expenses is -0.45. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of SANTANDER UK 8, assuming nothing else is changed. The correlation between historical values of SANTANDER's Tax Provision and Other Operating Expenses 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 SANTANDER UK 8 are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., SANTANDER's Tax Provision and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SANTANDER UK 8. It is also known as SANTANDER overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from SANTANDER's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SANTANDER UK 8 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
World Market Map to better understand how to build diversified portfolios, which includes a position in SANTANDER UK 8. 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.
Selling General Administrative is likely to drop to about 2
B in 2024. Tax Provision is likely to drop to about 354.4
M in 2024
SANTANDER fundamental ratios Correlations
Click cells to compare fundamentals
SANTANDER Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SANTANDER fundamental ratios Accounts
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Additional Tools for SANTANDER Stock Analysis
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