0KS2 Stock | | | 84.35 0.46 0.55% |
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Extraordinary Items and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. 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.
Extraordinary Items vs Income Before Tax
Extraordinary Items vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Public Service Enterprise Extraordinary Items account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Public Service's Extraordinary Items and Income Before Tax is -0.49. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Extraordinary Items 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 Extraordinary Items of Public Service Enterprise 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 Extraordinary Items i.e., Public Service's Extraordinary Items and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Extraordinary Items
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Public Service income statement and is an important metric when analyzing Public Service Enterprise 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 Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise 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 Public Service Enterprise. 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 drop to about 307.2
M in 2024.
Selling General Administrative is likely to drop to about 28
M in 2024
Public Service fundamental ratios Correlations
Click cells to compare fundamentals
Public Service Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Public Service fundamental ratios Accounts
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