Conico Income Tax Expense vs Selling And Marketing Expenses Analysis

CNJ Stock

0.01 0.00 0.00%

Conico financial indicator trend analysis is way more than just evaluating Conico prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conico is a good investment. Please check the relationship between Conico Income Tax Expense and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conico. 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.

Income Tax Expense vs Selling And Marketing Expenses

Income Tax Expense vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conico Income Tax Expense account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have no relationship.

The correlation between Conico's Income Tax Expense and Selling And Marketing Expenses is 0.06. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Conico, assuming nothing else is changed. The correlation between historical values of Conico's Income Tax Expense and Selling And Marketing Expenses 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 Conico are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Tax Expense i.e., Conico's Income Tax Expense and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Income Tax Expense

Selling And Marketing Expenses

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

Selling General Administrative is likely to drop to about 168.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 574.6 K in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	5.1K	9.6K	30.1K	31.7K
Interest Income	2.0K	1.3K	2.1K	1.9K

Reconciled Depreciation Interest Income

Conico fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Non Currrent Assets Other	Other Assets	Other Liab	Non Current Liabilities Total	Inventory
Total Assets		0.26	0.36	1.0	-0.24	-0.25	0.41	0.61	0.25	0.98	0.25	0.28	0.34	0.12	0.42	0.98	0.28	0.51	0.51	0.12	-0.19	0.16	-0.27	0.1	0.06	-0.52
Other Current Liab	0.26		0.97	0.23	-0.03	-0.03	0.03	0.04	0.04	0.26	0.04	-0.21	0.02	0.06	0.86	0.26	0.06	0.03	0.16	0.13	-0.28	0.08	-0.17	-0.03	-0.07	0.1
Total Current Liabilities	0.36	0.97		0.33	-0.08	-0.05	0.05	0.25	0.07	0.35	0.07	-0.17	0.07	0.09	0.88	0.35	0.08	0.07	0.23	0.16	-0.31	0.12	-0.21	-0.05	-0.11	0.02
Total Stockholder Equity	1.0	0.23	0.33		-0.24	-0.25	0.41	0.61	0.26	0.98	0.26	0.29	0.34	0.13	0.39	0.98	0.28	0.51	0.52	0.12	-0.18	0.17	-0.27	0.09	0.04	-0.53
Property Plant And Equipment Net	-0.24	-0.03	-0.08	-0.24		0.61	0.36	-0.51	-0.62	-0.11	-0.62	-0.34	-0.01	-0.59	0.04	-0.12	-0.63	0.29	-0.52	-0.44	-0.47	-0.86	-0.3	0.46	0.09	0.24
Net Debt	-0.25	-0.03	-0.05	-0.25	0.61		-0.15	-0.33	-1.0	-0.04	-1.0	-0.28	0.44	-0.04	0.07	-0.04	-1.0	-0.14	-0.09	0.14	-0.7	-0.29	-0.65	-0.14	0.03	0.26
Retained Earnings	0.41	0.03	0.05	0.41	0.36	-0.15		-0.08	0.16	0.39	0.16	0.01	-0.39	-0.84	0.3	0.38	0.16	0.92	-0.51	-0.85	0.1	-0.73	0.24	0.82	0.59	-0.06
Accounts Payable	0.61	0.04	0.25	0.61	-0.51	-0.33	-0.08		0.33	0.56	0.33	0.31	0.32	0.43	0.15	0.56	0.35	0.0	0.57	0.4	-0.05	0.51	-0.19	-0.26	-0.25	-0.5
Cash	0.25	0.04	0.07	0.26	-0.62	-1.0	0.16	0.33		0.05	1.0	0.27	-0.44	0.02	-0.03	0.05	1.0	0.15	0.08	-0.15	0.7	0.29	0.66	0.16	0.01	-0.24
Non Current Assets Total	0.98	0.26	0.35	0.98	-0.11	-0.04	0.39	0.56	0.05		0.05	0.23	0.44	0.12	0.44	1.0	0.07	0.5	0.51	0.15	-0.35	0.11	-0.42	0.07	0.06	-0.48
Cash And Short Term Investments	0.25	0.04	0.07	0.26	-0.62	-1.0	0.16	0.33	1.0	0.05		0.27	-0.44	0.02	-0.03	0.05	1.0	0.15	0.08	-0.15	0.7	0.29	0.66	0.16	0.01	-0.24
Net Receivables	0.28	-0.21	-0.17	0.29	-0.34	-0.28	0.01	0.31	0.27	0.23	0.27		-0.15	0.24	-0.31	0.23	0.27	-0.01	0.19	0.14	0.43	0.28	0.27	-0.28	-0.26	-0.77
Common Stock Total Equity	0.34	0.02	0.07	0.34	-0.01	0.44	-0.39	0.32	-0.44	0.44	-0.44	-0.15		0.51	0.18	0.44	-0.41	-0.15	0.72	0.62	-0.68	0.34	-0.88	-0.27	-0.07	-0.28
Common Stock Shares Outstanding	0.12	0.06	0.09	0.13	-0.59	-0.04	-0.84	0.43	0.02	0.12	0.02	0.24	0.51		-0.18	0.13	0.04	-0.72	0.82	0.97	-0.08	0.92	-0.3	-0.88	-0.65	-0.23
Total Liab	0.42	0.86	0.88	0.39	0.04	0.07	0.3	0.15	-0.03	0.44	-0.03	-0.31	0.18	-0.18		0.43	-0.02	0.34	0.09	-0.08	-0.42	-0.09	-0.33	0.28	0.34	0.02
Property Plant And Equipment Gross	0.98	0.26	0.35	0.98	-0.12	-0.04	0.38	0.56	0.05	1.0	0.05	0.23	0.44	0.13	0.43		0.07	0.49	0.52	0.16	-0.35	0.12	-0.42	0.05	0.05	-0.49
Total Current Assets	0.28	0.06	0.08	0.28	-0.63	-1.0	0.16	0.35	1.0	0.07	1.0	0.27	-0.41	0.04	-0.02	0.07		0.15	0.11	-0.13	0.67	0.3	0.62	0.16	0.01	-0.27
Intangible Assets	0.51	0.03	0.07	0.51	0.29	-0.14	0.92	0.0	0.15	0.5	0.15	-0.01	-0.15	-0.72	0.34	0.49	0.15		-0.24	-0.73	0.04	-0.62	0.14	0.74	0.56	-0.12
Common Stock	0.51	0.16	0.23	0.52	-0.52	-0.09	-0.51	0.57	0.08	0.51	0.08	0.19	0.72	0.82	0.09	0.52	0.11	-0.24		0.82	-0.25	0.76	-0.45	-0.61	-0.46	-0.41
Property Plant Equipment	0.12	0.13	0.16	0.12	-0.44	0.14	-0.85	0.4	-0.15	0.15	-0.15	0.14	0.62	0.97	-0.08	0.16	-0.13	-0.73	0.82		-0.31	0.84	-0.49	-0.86	-0.64	-0.21
Short Long Term Debt Total	-0.19	-0.28	-0.31	-0.18	-0.47	-0.7	0.1	-0.05	0.7	-0.35	0.7	0.43	-0.68	-0.08	-0.42	-0.35	0.67	0.04	-0.25	-0.31		0.12	0.93	0.03	0.02	-0.01
Non Currrent Assets Other	0.16	0.08	0.12	0.17	-0.86	-0.29	-0.73	0.51	0.29	0.11	0.29	0.28	0.34	0.92	-0.09	0.12	0.3	-0.62	0.76	0.84	0.12		-0.08	-0.78	-0.43	-0.25
Other Assets	-0.27	-0.17	-0.21	-0.27	-0.3	-0.65	0.24	-0.19	0.66	-0.42	0.66	0.27	-0.88	-0.3	-0.33	-0.42	0.62	0.14	-0.45	-0.49	0.93	-0.08		0.14	0.05	0.18
Other Liab	0.1	-0.03	-0.05	0.09	0.46	-0.14	0.82	-0.26	0.16	0.07	0.16	-0.28	-0.27	-0.88	0.28	0.05	0.16	0.74	-0.61	-0.86	0.03	-0.78	0.14		0.75	0.03
Non Current Liabilities Total	0.06	-0.07	-0.11	0.04	0.09	0.03	0.59	-0.25	0.01	0.06	0.01	-0.26	-0.07	-0.65	0.34	0.05	0.01	0.56	-0.46	-0.64	0.02	-0.43	0.05	0.75		0.08
Inventory	-0.52	0.1	0.02	-0.53	0.24	0.26	-0.06	-0.5	-0.24	-0.48	-0.24	-0.77	-0.28	-0.23	0.02	-0.49	-0.27	-0.12	-0.41	-0.21	-0.01	-0.25	0.18	0.03	0.08

Click cells to compare fundamentals

Conico Account Relationship Matchups

Conico fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.1M	26.6M	34.3M	38.2M	3.5M	3.3M
Other Current Liab	184.4K	89.5K	737.5K	313.8K	181.0K	265.0K
Total Current Liabilities	232.7K	413.0K	847.2K	538.9K	242.2K	348.0K
Total Stockholder Equity	15.2M	25.9M	33.2M	37.7M	3.2M	3.1M
Property Plant And Equipment Net	5.8K	54.9K	64.9K	554.1K	3.0M	2.9M
Net Debt	230.0K	(3.9M)	(4.9M)	(733.9K)	(428.8K)	(450.2K)
Retained Earnings	(6.0M)	(7.0M)	(7.9M)	(8.8M)	(42.4M)	(40.3M)
Accounts Payable	48.4K	323.4K	109.8K	225.2K	61.3K	95.9K
Cash	171.4K	3.9M	4.9M	733.9K	428.8K	407.4K
Non Current Assets Total	15.9M	22.3M	29.0M	37.4M	3.0M	2.9M
Cash And Short Term Investments	171.4K	3.9M	4.9M	733.9K	428.8K	407.4K
Net Receivables	10.7K	16.6K	24.3K	60.1K	16.6K	28.9K
Common Stock Shares Outstanding	381.2M	691.4M	1.0B	1.5B	1.6B	1.7B
Liabilities And Stockholders Equity	16.1M	26.6M	34.3M	38.2M	3.5M	3.3M
Total Liab	896.6K	675.5K	1.1M	551.4K	254.7K	242.0K
Property Plant And Equipment Gross	15.9M	22.4M	29.1M	37.6M	3.4M	3.2M
Total Current Assets	188K	4.2M	5.3M	813.3K	470.0K	446.5K
Common Stock	20.4M	31.4M	40.0M	43.7M	44.3M	23.5M
Property Plant Equipment	15.9M	22.3M	29.0M	37.4M	43.0M	45.2M
Non Currrent Assets Other	15.9M	22.3M	28.9M	36.9M	42.4M	44.5M
Non Current Liabilities Total	663.9K	262.5K	262.5K	12.5K	11.3K	10.7K
Inventory	(11.3K)	(10.7K)	(16.6K)	(40.7K)	(16.6K)	(17.4K)
Other Current Assets	16.6K	311.7K	423.1K	79.4K	24.6K	23.4K
Net Tangible Assets	15.2M	25.9M	33.2M	37.7M	43.3M	21.9M
Other Stockholder Equity	(14.4M)	(24.5M)	(32.1M)	(34.9M)	(31.4M)	(29.8M)
Cash And Equivalents	165.8K	131.1K	171.4K	3.9M	4.5M	4.7M
Net Invested Capital	15.6M	25.9M	33.2M	37.7M	3.2M	3.1M
Net Working Capital	(44.7K)	3.8M	4.5M	274.4K	227.8K	216.4K
Capital Stock	20.4M	31.4M	40.0M	43.7M	44.3M	36.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Conico Stock Analysis

When running Conico's price analysis, check to measure Conico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conico is operating at the current time. Most of Conico's value examination focuses on studying past and present price action to predict the probability of Conico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conico's price. Additionally, you may evaluate how the addition of Conico to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC