0IAX Stock | | | 193.00 3.40 1.79% |
Dassault Aviation financial indicator trend analysis is much more than just examining Dassault Aviation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dassault Aviation is a good investment. Please check the relationship between Dassault Aviation Income Before Tax and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dassault Aviation SA. 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.
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
Dassault Aviation Income Before Tax account and
Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dassault Aviation's Income Before Tax and Tax Provision is 0.98. 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 Dassault Aviation SA, assuming nothing else is changed. The correlation between historical values of Dassault Aviation'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 Dassault Aviation SA 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., Dassault Aviation's Income Before Tax and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Dassault Aviation income statement and is an important metric when analyzing Dassault Aviation 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 Dassault Aviation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dassault Aviation 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dassault Aviation SA. 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 is likely to gain to about 135.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
B in 2024.
| 2019 | 2020 | 2023 | 2024 (projected) |
Interest Income | 223.8M | 170.6M | 153.5M | 229.5M | Tax Provision | 246.6M | 76.9M | 69.2M | 135.3M |
Dassault Aviation fundamental ratios Correlations
Click cells to compare fundamentals
Dassault Aviation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dassault Aviation fundamental ratios Accounts
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measure Dassault Aviation'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 Dassault Aviation is operating at the current time. Most of Dassault Aviation's value examination focuses on studying past and present price action to
predict the probability of Dassault Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dassault Aviation's price. Additionally, you may evaluate how the addition of Dassault Aviation to your portfolios can decrease your overall portfolio volatility.