Traws Income Before Tax vs Tax Provision Analysis

TRAW Stock   5.02  0.31  5.82%   
Traws Pharma financial indicator trend analysis is much more than just breaking down Traws Pharma prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Traws Pharma is a good investment. Please check the relationship between Traws Pharma Income Before Tax and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Traws Pharma. 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.
For more information on how to buy Traws Stock please use our How to Invest in Traws Pharma guide.

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 Traws Pharma Income Before Tax account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Traws Pharma's Income Before Tax and Tax Provision is -0.58. 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 Traws Pharma, assuming nothing else is changed. The correlation between historical values of Traws Pharma'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 Traws Pharma 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., Traws Pharma's Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Traws Pharma income statement and is an important metric when analyzing Traws Pharma 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 Traws Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Traws Pharma 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 Traws Pharma. 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.
For more information on how to buy Traws Stock please use our How to Invest in Traws Pharma guide.At this time, Traws Pharma's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 42.25 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (20.38) in 2024.
 2020 2023 2024 (projected)
Total Revenue231K203.4K193.2K
Depreciation And Amortization13K16K15.6K

Traws Pharma fundamental ratios Correlations

-0.53-0.810.93-0.51-0.16-0.94-0.49-0.721.0-0.69-0.72-0.161.0-0.570.6-0.55-0.10.69-0.851.0-0.55-0.30.980.040.73
-0.530.79-0.40.480.530.370.420.21-0.520.550.550.53-0.520.16-0.230.55-0.4-0.480.83-0.530.05-0.24-0.46-0.49-0.55
-0.810.79-0.670.270.290.670.290.68-0.810.450.460.29-0.810.15-0.180.380.01-0.430.94-0.810.10.35-0.7-0.04-0.47
0.93-0.4-0.67-0.380.16-1.0-0.25-0.80.94-0.53-0.560.160.94-0.440.48-0.34-0.350.5-0.660.93-0.42-0.360.94-0.160.59
-0.510.480.27-0.380.630.370.91-0.16-0.490.970.960.63-0.490.83-0.90.96-0.61-0.920.57-0.520.75-0.58-0.58-0.73-0.95
-0.160.530.290.160.63-0.170.83-0.46-0.140.650.631.0-0.140.53-0.520.79-0.94-0.690.53-0.160.47-0.6-0.14-0.89-0.6
-0.940.370.67-1.00.37-0.170.250.81-0.940.520.56-0.17-0.940.45-0.480.330.37-0.50.66-0.940.440.39-0.950.18-0.58
-0.490.420.29-0.250.910.830.25-0.25-0.470.930.920.83-0.470.89-0.90.98-0.76-0.960.6-0.490.84-0.54-0.54-0.81-0.91
-0.720.210.68-0.8-0.16-0.460.81-0.25-0.730.010.05-0.46-0.73-0.090.07-0.170.720.010.48-0.71-0.070.82-0.650.63-0.07
1.0-0.52-0.810.94-0.49-0.14-0.94-0.47-0.73-0.67-0.7-0.141.0-0.560.58-0.53-0.120.67-0.851.0-0.54-0.320.980.020.72
-0.690.550.45-0.530.970.650.520.930.01-0.671.00.65-0.670.88-0.930.97-0.56-0.980.72-0.690.81-0.43-0.74-0.68-1.0
-0.720.550.46-0.560.960.630.560.920.05-0.71.00.63-0.70.88-0.930.97-0.53-0.980.73-0.720.82-0.41-0.77-0.66-1.0
-0.160.530.290.160.631.0-0.170.83-0.46-0.140.650.63-0.140.53-0.520.79-0.94-0.690.53-0.160.47-0.6-0.14-0.89-0.6
1.0-0.52-0.810.94-0.49-0.14-0.94-0.47-0.731.0-0.67-0.7-0.14-0.560.58-0.53-0.120.67-0.851.0-0.54-0.320.980.020.72
-0.570.160.15-0.440.830.530.450.89-0.09-0.560.880.880.53-0.56-0.980.85-0.49-0.930.44-0.570.99-0.4-0.67-0.6-0.88
0.6-0.23-0.180.48-0.9-0.52-0.48-0.90.070.58-0.93-0.93-0.520.58-0.98-0.890.480.95-0.480.6-0.960.430.70.60.93
-0.550.550.38-0.340.960.790.330.98-0.17-0.530.970.970.79-0.530.85-0.89-0.72-0.970.68-0.550.78-0.56-0.59-0.8-0.96
-0.1-0.40.01-0.35-0.61-0.940.37-0.760.72-0.12-0.56-0.53-0.94-0.12-0.490.48-0.720.58-0.26-0.09-0.420.83-0.070.970.51
0.69-0.48-0.430.5-0.92-0.69-0.5-0.960.010.67-0.98-0.98-0.690.67-0.930.95-0.970.58-0.70.69-0.880.40.740.680.98
-0.850.830.94-0.660.570.530.660.60.48-0.850.720.730.53-0.850.44-0.480.68-0.26-0.7-0.850.370.07-0.78-0.33-0.73
1.0-0.53-0.810.93-0.52-0.16-0.94-0.49-0.711.0-0.69-0.72-0.161.0-0.570.6-0.55-0.090.69-0.85-0.55-0.290.980.050.73
-0.550.050.1-0.420.750.470.440.84-0.07-0.540.810.820.47-0.540.99-0.960.78-0.42-0.880.37-0.55-0.32-0.65-0.51-0.82
-0.3-0.240.35-0.36-0.58-0.60.39-0.540.82-0.32-0.43-0.41-0.6-0.32-0.40.43-0.560.830.40.07-0.29-0.32-0.20.880.4
0.98-0.46-0.70.94-0.58-0.14-0.95-0.54-0.650.98-0.74-0.77-0.140.98-0.670.7-0.59-0.070.74-0.780.98-0.65-0.20.090.79
0.04-0.49-0.04-0.16-0.73-0.890.18-0.810.630.02-0.68-0.66-0.890.02-0.60.6-0.80.970.68-0.330.05-0.510.880.090.64
0.73-0.55-0.470.59-0.95-0.6-0.58-0.91-0.070.72-1.0-1.0-0.60.72-0.880.93-0.960.510.98-0.730.73-0.820.40.790.64
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Traws Pharma Account Relationship Matchups

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