Panda Income Tax Expense vs Net Income From Continuing Ops Analysis

300898 Stock

24.03 0.49 2.08%

Panda Dairy financial indicator trend analysis is much more than just breaking down Panda Dairy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panda Dairy Corp is a good investment. Please check the relationship between Panda Dairy Income Tax Expense and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Panda Dairy Corp. 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.

Income Tax Expense vs Net Income From Continuing Ops

Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panda Dairy Corp Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak relationship.

The correlation between Panda Dairy's Income Tax Expense and Net Income From Continuing Ops is 0.33. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Panda Dairy Corp, assuming nothing else is changed. The correlation between historical values of Panda Dairy's Income Tax Expense and Net Income From Continuing Ops 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 Tax Expense of Panda Dairy Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., Panda Dairy's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Tax Expense

Net Income From Continuing Ops

Most indicators from Panda Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panda Dairy Corp 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 Panda Dairy Corp. 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.

As of December 2, 2024, Tax Provision is expected to decline to about 13.8 M. In addition to that, Selling General Administrative is expected to decline to about 54.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	201.0M	171.8M	219.0M	203.3M
Total Revenue	856.9M	891.6M	946.9M	804.5M

Gross Profit Total Revenue

Panda Dairy fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Net Working Capital	Intangible Assets
Other Current Liab		0.4	0.02	0.19	0.17	0.29	0.26	0.16	0.39	0.81	0.22	0.09	0.21	0.2	0.16	-0.02	0.07	-0.09	0.21	-0.65	0.33	0.43	0.17	0.24	0.17	0.47
Total Current Liabilities	0.4		-0.48	0.94	0.88	0.83	0.86	0.61	0.91	0.29	0.94	0.92	0.86	0.97	0.95	0.86	0.83	0.12	0.97	0.19	0.98	0.73	0.96	0.96	0.96	-0.3
Other Liab	0.02	-0.48		-0.48	-0.66	-0.26	-0.59	-0.77	-0.27	-0.22	-0.37	-0.39	-0.62	-0.46	-0.49	-0.43	-0.29	0.49	-0.41	0.16	-0.34	0.14	-0.5	-0.57	-0.52	0.03
Net Tangible Assets	0.19	0.94	-0.48		0.93	0.88	0.81	0.59	0.89	0.15	0.97	0.98	0.89	0.99	0.99	0.94	0.92	0.14	0.95	0.34	0.95	0.68	0.99	0.92	0.99	-0.34
Retained Earnings	0.17	0.88	-0.66	0.93		0.87	0.88	0.81	0.84	0.17	0.83	0.86	0.96	0.92	0.93	0.81	0.89	-0.12	0.85	0.27	0.82	0.51	0.92	0.83	0.92	-0.35
Accounts Payable	0.29	0.83	-0.26	0.88	0.87		0.74	0.52	0.87	0.16	0.85	0.83	0.8	0.88	0.88	0.72	0.94	0.13	0.83	0.34	0.85	0.78	0.86	0.7	0.85	-0.37
Other Assets	0.26	0.86	-0.59	0.81	0.88	0.74		0.81	0.7	0.03	0.72	0.77	0.92	0.82	0.83	0.73	0.73	0.1	0.79	0.25	0.78	0.59	0.82	0.76	0.83	-0.31
Net Receivables	0.16	0.61	-0.77	0.59	0.81	0.52	0.81		0.54	0.18	0.41	0.49	0.87	0.58	0.6	0.45	0.56	-0.47	0.52	0.04	0.46	0.16	0.59	0.55	0.59	-0.27
Inventory	0.39	0.91	-0.27	0.89	0.84	0.87	0.7	0.54		0.35	0.88	0.86	0.81	0.91	0.9	0.76	0.91	0.01	0.91	0.27	0.91	0.69	0.9	0.84	0.88	-0.38
Other Current Assets	0.81	0.29	-0.22	0.15	0.17	0.16	0.03	0.18	0.35		0.16	0.02	0.14	0.14	0.11	-0.07	0.01	-0.5	0.14	-0.78	0.21	0.05	0.13	0.25	0.13	0.51
Total Current Assets	0.22	0.94	-0.37	0.97	0.83	0.85	0.72	0.41	0.88	0.16		0.97	0.76	0.98	0.97	0.94	0.88	0.26	0.97	0.35	0.98	0.75	0.97	0.94	0.97	-0.35
Common Stock	0.09	0.92	-0.39	0.98	0.86	0.83	0.77	0.49	0.86	0.02	0.97		0.83	0.98	0.98	0.98	0.91	0.27	0.96	0.47	0.95	0.71	0.98	0.91	0.98	-0.42
Property Plant Equipment	0.21	0.86	-0.62	0.89	0.96	0.8	0.92	0.87	0.81	0.14	0.76	0.83		0.87	0.89	0.78	0.84	-0.1	0.81	0.25	0.78	0.51	0.88	0.79	0.88	-0.33
Total Assets	0.2	0.97	-0.46	0.99	0.92	0.88	0.82	0.58	0.91	0.14	0.98	0.98	0.87		1.0	0.93	0.92	0.16	0.98	0.37	0.97	0.72	1.0	0.94	1.0	-0.41
Total Stockholder Equity	0.16	0.95	-0.49	0.99	0.93	0.88	0.83	0.6	0.9	0.11	0.97	0.98	0.89	1.0		0.94	0.93	0.13	0.97	0.39	0.96	0.68	1.0	0.93	1.0	-0.43
Cash	-0.02	0.86	-0.43	0.94	0.81	0.72	0.73	0.45	0.76	-0.07	0.94	0.98	0.78	0.93	0.94		0.82	0.32	0.91	0.48	0.89	0.61	0.95	0.9	0.95	-0.39
Non Current Assets Total	0.07	0.83	-0.29	0.92	0.89	0.94	0.73	0.56	0.91	0.01	0.88	0.91	0.84	0.92	0.93	0.82		0.09	0.89	0.54	0.86	0.71	0.91	0.77	0.9	-0.58
Non Currrent Assets Other	-0.09	0.12	0.49	0.14	-0.12	0.13	0.1	-0.47	0.01	-0.5	0.26	0.27	-0.1	0.16	0.13	0.32	0.09		0.18	0.45	0.26	0.51	0.14	0.08	0.15	-0.06
Common Stock Shares Outstanding	0.21	0.97	-0.41	0.95	0.85	0.83	0.79	0.52	0.91	0.14	0.97	0.96	0.81	0.98	0.97	0.91	0.89	0.18		0.39	0.99	0.73	0.98	0.96	0.97	-0.48
Non Current Liabilities Total	-0.65	0.19	0.16	0.34	0.27	0.34	0.25	0.04	0.27	-0.78	0.35	0.47	0.25	0.37	0.39	0.48	0.54	0.45	0.39		0.31	0.33	0.38	0.22	0.36	-0.84
Total Liab	0.33	0.98	-0.34	0.95	0.82	0.85	0.78	0.46	0.91	0.21	0.98	0.95	0.78	0.97	0.96	0.89	0.86	0.26	0.99	0.31		0.8	0.96	0.94	0.96	-0.36
Deferred Long Term Liab	0.43	0.73	0.14	0.68	0.51	0.78	0.59	0.16	0.69	0.05	0.75	0.71	0.51	0.72	0.68	0.61	0.71	0.51	0.73	0.33	0.8		0.68	0.58	0.67	-0.32
Net Invested Capital	0.17	0.96	-0.5	0.99	0.92	0.86	0.82	0.59	0.9	0.13	0.97	0.98	0.88	1.0	1.0	0.95	0.91	0.14	0.98	0.38	0.96	0.68		0.95	1.0	-0.41
Short Long Term Debt	0.24	0.96	-0.57	0.92	0.83	0.7	0.76	0.55	0.84	0.25	0.94	0.91	0.79	0.94	0.93	0.9	0.77	0.08	0.96	0.22	0.94	0.58	0.95		0.95	-0.33
Net Working Capital	0.17	0.96	-0.52	0.99	0.92	0.85	0.83	0.59	0.88	0.13	0.97	0.98	0.88	1.0	1.0	0.95	0.9	0.15	0.97	0.36	0.96	0.67	1.0	0.95		-0.38
Intangible Assets	0.47	-0.3	0.03	-0.34	-0.35	-0.37	-0.31	-0.27	-0.38	0.51	-0.35	-0.42	-0.33	-0.41	-0.43	-0.39	-0.58	-0.06	-0.48	-0.84	-0.36	-0.32	-0.41	-0.33	-0.38

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Panda Dairy Account Relationship Matchups

Panda Dairy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	25.7M	41.9M	65.9M	51.7M	955.2K	907.4K
Total Current Liabilities	80.9M	202.7M	217.4M	199.4M	173.5M	148.1M
Net Tangible Assets	449.2M	717.9M	778.7M	811.3M	933.0M	608.8M
Retained Earnings	245.3M	233.8M	292.5M	320.9M	333.2M	262.4M
Accounts Payable	23.0M	18.5M	47.7M	40.8M	39.6M	29.6M
Other Assets	13.2M	14.0M	16.1M	12.8M	14.7M	14.4M
Net Receivables	37.5M	30.2M	34.7M	39.0M	35.9M	38.0M
Inventory	64.8M	103.6M	133.8M	176.8M	123.6M	110.1M
Other Current Assets	69.5M	93.6M	81.4M	140.1M	2.4M	2.3M
Total Current Assets	331.7M	708.7M	724.8M	719.2M	777.9M	565.4M
Property Plant Equipment	186.2M	201.6M	273.8M	287.2M	330.2M	217.1M
Total Assets	592.1M	983.9M	1.1B	1.1B	1.1B	928.3M
Total Stockholder Equity	502.3M	769.2M	827.9M	859.2M	943.6M	750.2M
Cash	53.6M	194.8M	140.5M	143.6M	261.4M	138.6M
Non Current Assets Total	260.4M	275.1M	341.6M	359.7M	368.5M	334.8M
Non Currrent Assets Other	2.2M	4.0M	5.0M	1.1M	5.1M	3.3M
Non Current Liabilities Total	718.8K	979.1K	6.1M	4.8M	23.6M	24.8M
Total Liab	81.7M	203.7M	223.5M	204.2M	197.1M	168.2M
Deferred Long Term Liab	26.3K	100.6K	209.9K	112.8K	129.8K	106.5K
Net Invested Capital	518.2M	887.6M	898.0M	949.3M	1.0B	812.7M
Net Working Capital	250.7M	506.1M	507.4M	519.9M	604.5M	432.2M
Intangible Assets	53.1M	51.3M	49.3M	47.9M	46.3M	39.6M

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Other Information on Investing in Panda Stock

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

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Panda Income Tax Expense vs Net Income From Continuing Ops Analysis

Income Tax Expense vs Net Income From Continuing Ops

Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Income Tax Expense

Net Income From Continuing Ops

Panda Dairy fundamental ratios Correlations

Panda Dairy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Panda Dairy fundamental ratios Accounts

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Other Information on Investing in Panda Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Total Stockholder Equity
Net Working Capital	+ 1.0	Net Invested Capital

Intangible Assets	- 0.84	Non Current Liabilities Total
Non Current Liabilities Total	- 0.78	Other Current Assets
Net Receivables	- 0.77	Other Liab
Retained Earnings	- 0.66	Other Liab
Non Current Liabilities Total	- 0.65	Other Current Liab
Property Plant Equipment	- 0.62	Other Liab