SECUREKLOUD Tax Provision vs Income Before Tax Analysis

SECURKLOUD

32.58 0.24 0.73%

SECUREKLOUD TECHNOLOGIES financial indicator trend analysis is much more than just breaking down SECUREKLOUD TECHNOLOGIES prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SECUREKLOUD TECHNOLOGIES is a good investment. Please check the relationship between SECUREKLOUD TECHNOLOGIES Tax Provision and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SECUREKLOUD TECHNOLOGIES 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 metropolitan statistical area.

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SECUREKLOUD TECHNOLOGIES Tax Provision account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SECUREKLOUD TECHNOLOGIES's Tax Provision and Income Before Tax is -0.49. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of SECUREKLOUD TECHNOLOGIES LIMITED, assuming nothing else is changed. The correlation between historical values of SECUREKLOUD TECHNOLOGIES's Tax Provision 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 Tax Provision of SECUREKLOUD TECHNOLOGIES LIMITED 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 Tax Provision i.e., SECUREKLOUD TECHNOLOGIES's Tax Provision and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on SECUREKLOUD TECHNOLOGIES income statement and is an important metric when analyzing SECUREKLOUD TECHNOLOGIES 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 SECUREKLOUD TECHNOLOGIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SECUREKLOUD TECHNOLOGIES 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 SECUREKLOUD TECHNOLOGIES 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 metropolitan statistical area.

At this time, SECUREKLOUD TECHNOLOGIES's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 81.5 M this year, although the value of Selling General Administrative will most likely fall to about 247.6 M.

	2022	2023	2024	2025 (projected)
Research Development	414.7M	97.4M	112.0M	106.4M
Cost Of Revenue	4.0B	3.4B	3.9B	2.3B

Research Development Cost Of Revenue

SECUREKLOUD TECHNOLOGIES fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Accounts Payable	Current Deferred Revenue	Short Term Debt	Good Will	Inventory	Intangible Assets
Total Assets		0.39	0.08	0.43	0.91	0.74	0.27	0.25	0.97	-0.45	0.25	0.96	0.29	0.57	0.85	0.49	0.47	0.93	0.49	0.81	0.7	0.42	0.23	0.52	-0.7	0.73
Short Long Term Debt Total	0.39		0.73	0.98	-0.02	0.25	0.94	-0.11	0.48	-0.17	-0.1	0.22	0.65	0.88	0.2	0.69	0.99	0.18	0.76	-0.18	0.85	0.17	0.96	0.89	-0.25	0.11
Other Current Liab	0.08	0.73		0.69	-0.22	0.03	0.72	-0.18	0.15	0.06	-0.19	-0.05	0.48	0.53	0.04	0.52	0.68	-0.08	0.5	-0.33	0.44	-0.05	0.7	0.57	0.05	-0.17
Total Current Liabilities	0.43	0.98	0.69		0.02	0.33	0.93	-0.12	0.52	-0.18	-0.11	0.26	0.64	0.84	0.23	0.78	0.99	0.21	0.79	-0.16	0.85	0.22	0.95	0.89	-0.26	0.15
Total Stockholder Equity	0.91	-0.02	-0.22	0.02		0.67	-0.13	0.34	0.83	-0.42	0.34	0.94	0.04	0.24	0.83	0.21	0.07	0.93	0.19	0.97	0.39	0.34	-0.17	0.17	-0.67	0.74
Property Plant And Equipment Net	0.74	0.25	0.03	0.33	0.67		0.02	0.6	0.62	-0.03	0.61	0.77	0.18	0.31	0.63	0.49	0.33	0.82	0.54	0.51	0.38	0.49	0.15	0.49	-0.24	0.36
Net Debt	0.27	0.94	0.72	0.93	-0.13	0.02		-0.43	0.41	-0.18	-0.43	0.1	0.58	0.81	0.13	0.63	0.93	0.0	0.62	-0.25	0.8	0.1	0.91	0.75	-0.23	0.08
Cash	0.25	-0.11	-0.18	-0.12	0.34	0.6	-0.43		0.07	0.06	1.0	0.3	0.04	-0.02	0.16	-0.01	-0.1	0.48	0.22	0.26	-0.1	0.16	-0.13	0.16	0.01	0.07
Non Current Assets Total	0.97	0.48	0.15	0.52	0.83	0.62	0.41	0.07		-0.59	0.08	0.88	0.34	0.64	0.75	0.56	0.55	0.81	0.52	0.73	0.8	0.37	0.32	0.56	-0.81	0.81
Non Currrent Assets Other	-0.45	-0.17	0.06	-0.18	-0.42	-0.03	-0.18	0.06	-0.59		0.06	-0.26	-0.06	-0.23	-0.04	-0.38	-0.2	-0.2	-0.08	-0.4	-0.51	0.03	-0.11	-0.13	0.92	-0.89
Cash And Short Term Investments	0.25	-0.1	-0.19	-0.11	0.34	0.61	-0.43	1.0	0.08	0.06		0.31	0.05	-0.01	0.16	0.0	-0.09	0.49	0.23	0.25	-0.1	0.18	-0.12	0.17	0.01	0.07
Net Receivables	0.96	0.22	-0.05	0.26	0.94	0.77	0.1	0.3	0.88	-0.26	0.31		0.17	0.47	0.92	0.32	0.31	0.98	0.39	0.87	0.54	0.46	0.06	0.39	-0.56	0.62
Common Stock Shares Outstanding	0.29	0.65	0.48	0.64	0.04	0.18	0.58	0.04	0.34	-0.06	0.05	0.17		0.66	0.21	0.32	0.65	0.18	0.82	-0.1	0.58	0.15	0.67	0.74	-0.15	-0.01
Non Current Liabilities Total	0.57	0.88	0.53	0.84	0.24	0.31	0.81	-0.02	0.64	-0.23	-0.01	0.47	0.66		0.39	0.46	0.89	0.41	0.76	0.11	0.9	0.23	0.76	0.87	-0.4	0.27
Other Current Assets	0.85	0.2	0.04	0.23	0.83	0.63	0.13	0.16	0.75	-0.04	0.16	0.92	0.21	0.39		0.21	0.27	0.89	0.27	0.8	0.42	0.44	0.08	0.32	-0.36	0.38
Other Stockholder Equity	0.49	0.69	0.52	0.78	0.21	0.49	0.63	-0.01	0.56	-0.38	0.0	0.32	0.32	0.46	0.21		0.74	0.28	0.63	0.02	0.66	0.21	0.67	0.59	-0.38	0.41
Total Liab	0.47	0.99	0.68	0.99	0.07	0.33	0.93	-0.1	0.55	-0.2	-0.09	0.31	0.65	0.89	0.27	0.74		0.25	0.8	-0.11	0.88	0.23	0.94	0.9	-0.3	0.18
Total Current Assets	0.93	0.18	-0.08	0.21	0.93	0.82	0.0	0.48	0.81	-0.2	0.49	0.98	0.18	0.41	0.89	0.28	0.25		0.39	0.86	0.46	0.46	0.03	0.39	-0.49	0.55
Common Stock	0.49	0.76	0.5	0.79	0.19	0.54	0.62	0.22	0.52	-0.08	0.23	0.39	0.82	0.76	0.27	0.63	0.8	0.39		-0.02	0.73	0.28	0.72	0.88	-0.2	0.16
Retained Earnings	0.81	-0.18	-0.33	-0.16	0.97	0.51	-0.25	0.26	0.73	-0.4	0.25	0.87	-0.1	0.11	0.8	0.02	-0.11	0.86	-0.02		0.24	0.26	-0.34	-0.03	-0.64	0.7
Accounts Payable	0.7	0.85	0.44	0.85	0.39	0.38	0.8	-0.1	0.8	-0.51	-0.1	0.54	0.58	0.9	0.42	0.66	0.88	0.46	0.73	0.24		0.17	0.73	0.84	-0.66	0.54
Current Deferred Revenue	0.42	0.17	-0.05	0.22	0.34	0.49	0.1	0.16	0.37	0.03	0.18	0.46	0.15	0.23	0.44	0.21	0.23	0.46	0.28	0.26	0.17		0.23	0.26	0.02	0.18
Short Term Debt	0.23	0.96	0.7	0.95	-0.17	0.15	0.91	-0.13	0.32	-0.11	-0.12	0.06	0.67	0.76	0.08	0.67	0.94	0.03	0.72	-0.34	0.73	0.23		0.83	-0.11	-0.02
Good Will	0.52	0.89	0.57	0.89	0.17	0.49	0.75	0.16	0.56	-0.13	0.17	0.39	0.74	0.87	0.32	0.59	0.9	0.39	0.88	-0.03	0.84	0.26	0.83		-0.27	0.14
Inventory	-0.7	-0.25	0.05	-0.26	-0.67	-0.24	-0.23	0.01	-0.81	0.92	0.01	-0.56	-0.15	-0.4	-0.36	-0.38	-0.3	-0.49	-0.2	-0.64	-0.66	0.02	-0.11	-0.27		-0.94
Intangible Assets	0.73	0.11	-0.17	0.15	0.74	0.36	0.08	0.07	0.81	-0.89	0.07	0.62	-0.01	0.27	0.38	0.41	0.18	0.55	0.16	0.7	0.54	0.18	-0.02	0.14	-0.94

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SECUREKLOUD TECHNOLOGIES Account Relationship Matchups

SECUREKLOUD TECHNOLOGIES fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.7B	3.1B	2.9B	2.0B	2.2B	3.0B
Short Long Term Debt Total	1.4B	1.1B	1.1B	1.2B	1.4B	1.5B
Other Current Liab	377.2M	529.2M	(124.6M)	485.2M	558.0M	585.9M
Total Current Liabilities	1.6B	1.5B	1.8B	1.7B	2.0B	2.1B
Total Stockholder Equity	368.9M	513.9M	216.7M	(60.2M)	(69.2M)	(65.8M)
Property Plant And Equipment Net	22.4M	89.4M	73.8M	44.1M	50.7M	64.3M
Net Debt	1.1B	968.8M	1.1B	1.2B	1.3B	1.4B
Cash	344.7M	157.5M	49.4M	35.7M	41.0M	39.0M
Non Current Assets Total	1.6B	2.2B	2.0B	1.5B	1.7B	1.8B
Non Currrent Assets Other	18.4M	84.2M	29.7M	11.9M	10.7M	11.3M
Cash And Short Term Investments	344.7M	157.5M	78.9M	35.7M	41.0M	39.0M
Net Receivables	646.0M	755.2M	699.2M	335.8M	386.2M	366.9M
Common Stock Shares Outstanding	30.7M	31.0M	33.2M	33.4M	38.4M	27.9M
Liabilities And Stockholders Equity	2.7B	3.1B	2.9B	2.0B	2.2B	3.0B
Non Current Liabilities Total	652.9M	541.0M	437.3M	389.5M	447.9M	292.9M
Other Current Assets	75.0M	65.4M	95.5M	74.9M	86.1M	171.4M
Total Liab	2.3B	2.1B	2.2B	2.1B	2.4B	2.6B
Total Current Assets	1.1B	974.9M	835.6M	446.4M	513.3M	487.7M
Retained Earnings	(760.4M)	(770.1M)	(1.2B)	(1.5B)	(1.3B)	(1.3B)
Accounts Payable	369.7M	380.0M	435.5M	402.0M	462.3M	308.4M
Current Deferred Revenue	201.0M	501.1M	614.0M	60.2M	69.2M	65.7M
Short Term Debt	843.9M	601.0M	854.9M	838.9M	964.8M	1.0B
Inventory	(2.0M)	20.8M	(6.6M)	(8.5M)	(7.7M)	(8.1M)
Accumulated Other Comprehensive Income	364.8M	352.6M	350.5M	(227.2M)	(204.5M)	(194.3M)
Intangible Assets	289.4M	659.1M	565.6M	161.8M	145.6M	138.3M
Other Liab	96.6M	93.6M	15.7M	20.2M	18.1M	17.2M
Net Tangible Assets	(1.5B)	(1.2B)	(1.5B)	(1.7B)	(1.6B)	(1.5B)
Other Assets	13.4M	18.5M	21.7M	21.2M	19.1M	18.1M
Long Term Debt	556.7M	482.7M	388.3M	358.3M	322.5M	377.8M
Net Invested Capital	1.8B	1.6B	1.3B	1.1B	1.0B	955.9M
Short Long Term Debt	843.1M	572.5M	673.6M	819.8M	942.8M	724.9M
Net Working Capital	(550.4M)	(536.1M)	(928.8M)	(1.3B)	(1.1B)	(1.1B)
Property Plant Equipment	47.0M	22.4M	89.4M	73.8M	66.4M	59.8M
Capital Lease Obligations	3.5M	55.2M	42.6M	28.8M	33.1M	28.6M

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Other Information on Investing in SECUREKLOUD Stock

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

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SECUREKLOUD Tax Provision vs Income Before Tax Analysis

Tax Provision vs Income Before Tax

Tax Provision vs Income Before Tax Correlation Analysis

Correlation Coefficient

Tax Provision

Income Before Tax

SECUREKLOUD TECHNOLOGIES fundamental ratios Correlations

SECUREKLOUD TECHNOLOGIES Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SECUREKLOUD TECHNOLOGIES fundamental ratios Accounts

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Other Information on Investing in SECUREKLOUD Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.98	Net Receivables
Non Current Assets Total	+ 0.97	Total Assets

Intangible Assets	- 0.94	Inventory
Intangible Assets	- 0.89	Non Currrent Assets Other
Inventory	- 0.81	Non Current Assets Total
Inventory	- 0.7	Total Assets
Inventory	- 0.67	Total Stockholder Equity
Inventory	- 0.66	Accounts Payable