| 0R6V Stock | | | 13.92 0.04 0.29% |
Mobilezone Holding financial indicator trend analysis is infinitely more than just investigating mobilezone holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether mobilezone holding is a good investment. Please check the relationship between Mobilezone Holding Gross Profit and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in mobilezone holding AG. 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.
Gross Profit vs Tax Provision
Gross Profit vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
mobilezone holding Gross Profit account and
Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mobilezone Holding's Gross Profit and Tax Provision is -0.61. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of mobilezone holding AG, assuming nothing else is changed. The correlation between historical values of Mobilezone Holding's Gross Profit 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 Gross Profit of mobilezone holding AG 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 Gross Profit i.e., Mobilezone Holding's Gross Profit and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.61 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of mobilezone holding AG minus its cost of goods sold. It is profit before Mobilezone Holding operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Mobilezone Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into mobilezone holding 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 mobilezone holding AG. 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 8.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 55.7
M in 2024.
Mobilezone Holding fundamental ratios Correlations
Click cells to compare fundamentals
Mobilezone Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mobilezone Holding fundamental ratios Accounts
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