603816 Stock | | | 27.77 0.16 0.57% |
Jason Furniture financial indicator trend analysis is infinitely more than just investigating Jason Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jason Furniture is a good investment. Please check the relationship between Jason Furniture Ebit and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. 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.
Ebit vs Tax Provision
Ebit vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jason Furniture Ebit account and
Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jason Furniture's Ebit and Tax Provision is 0.95. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Jason Furniture, assuming nothing else is changed. The correlation between historical values of Jason Furniture's Ebit 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 Ebit of Jason Furniture 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 Ebit i.e., Jason Furniture's Ebit and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
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 Jason Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jason Furniture 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 Jason Furniture. 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.
As of December 29, 2024,
Selling General Administrative is expected to decline to about 1.6
B. In addition to that, Tax Provision is expected to decline to about 346.1
MJason Furniture fundamental ratios Correlations
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Jason Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jason Furniture fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jason Stock
Balance Sheet is a snapshot of the
financial position of Jason Furniture at a specified time, usually calculated after every quarter, six months, or one year. Jason Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jason Furniture 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 Jason currently owns. An asset can also be divided into two categories, current and non-current.