| 600455 Stock | | | 23.48 0.11 0.47% |
ButOne Information financial indicator trend analysis is way more than just evaluating ButOne Information Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ButOne Information Corp is a good investment. Please check the relationship between ButOne Information 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 ButOne Information 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 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
ButOne Information Corp Income Before Tax account and
Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between ButOne Information's Income Before Tax and Tax Provision is 0.79. 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 ButOne Information Corp, assuming nothing else is changed. The correlation between historical values of ButOne Information'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 ButOne Information Corp 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., ButOne Information's Income Before Tax and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on ButOne Information income statement and is an important metric when analyzing ButOne Information Corp 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 ButOne Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ButOne Information 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 ButOne Information 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.
The current year's Tax Provision is expected to grow to about 753.4
K, whereas
Selling General Administrative is forecasted to decline to about 8.8
M.
ButOne Information fundamental ratios Correlations
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ButOne Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ButOne Information fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in ButOne Stock
Balance Sheet is a snapshot of the
financial position of ButOne Information Corp at a specified time, usually calculated after every quarter, six months, or one year. ButOne Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ButOne Information 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 ButOne currently owns. An asset can also be divided into two categories, current and non-current.