CATLIN Operating Income vs Income Tax Expense Analysis
| CGL Stock | 94.00 1.00 1.05% |
CATLIN GROUP financial indicator trend analysis is way more than just evaluating CATLIN GROUP prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CATLIN GROUP is a good investment. Please check the relationship between CATLIN GROUP Operating Income and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CATLIN GROUP . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CATLIN GROUP Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CATLIN GROUP's Operating Income and Income Tax Expense is -0.03. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of CATLIN GROUP , assuming nothing else is changed. The correlation between historical values of CATLIN GROUP's Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of CATLIN GROUP are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., CATLIN GROUP's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from CATLIN GROUP operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CATLIN GROUP is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Tax Expense
Most indicators from CATLIN GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CATLIN GROUP 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 CATLIN GROUP . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of December 2, 2024, Tax Provision is expected to decline to 2,189. In addition to that, Selling General Administrative is expected to decline to about 2.4 M
CATLIN GROUP fundamental ratios Correlations
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CATLIN GROUP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of CATLIN GROUP at a specified time, usually calculated after every quarter, six months, or one year. CATLIN GROUP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CATLIN GROUP 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 CATLIN currently owns. An asset can also be divided into two categories, current and non-current.