Fidelity Tax Provision vs Selling And Marketing Expenses Analysis

FSV Stock   317.00  0.50  0.16%   
Fidelity Special financial indicator trend analysis is much more than just examining Fidelity Special Values latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity Special Values is a good investment. Please check the relationship between Fidelity Special Tax Provision and its Selling And Marketing Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Special Values. 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.

Tax Provision vs Selling And Marketing Expenses

Tax Provision vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelity Special Values Tax Provision account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fidelity Special's Tax Provision and Selling And Marketing Expenses is 0.62. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Fidelity Special Values, assuming nothing else is changed. The correlation between historical values of Fidelity Special's Tax Provision 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 Tax Provision of Fidelity Special Values 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 Tax Provision i.e., Fidelity Special's Tax Provision and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Selling And Marketing Expenses

Most indicators from Fidelity Special's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity Special Values 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Special Values. 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.
The current year's Tax Provision is expected to grow to about 811.4 K, whereas Selling General Administrative is forecasted to decline to about 631.2 K.
 2021 2022 2023 (projected)
Research Development1.290.910.82
Interest Income877K3.8M4.3M

Fidelity Special fundamental ratios Correlations

1.00.220.920.460.470.62-0.540.860.770.580.26-0.530.85-0.990.490.580.220.830.140.670.430.640.67-0.90.85
1.00.220.920.460.470.62-0.550.860.780.590.25-0.530.85-0.990.490.580.220.840.130.680.430.650.66-0.90.85
0.220.220.00.11-0.160.510.160.310.20.02-0.090.030.35-0.26-0.150.20.390.21-0.07-0.07-0.1-0.050.4-0.110.07
0.920.920.00.450.440.46-0.560.770.740.690.3-0.460.72-0.90.450.610.050.840.170.790.390.740.53-0.860.8
0.460.460.110.450.250.38-0.530.50.43-0.17-0.09-0.30.36-0.450.26-0.040.250.44-0.080.290.20.280.46-0.60.29
0.470.47-0.160.440.250.14-0.270.590.050.080.28-0.980.47-0.421.00.370.440.340.250.040.99-0.080.11-0.370.64
0.620.620.510.460.380.14-0.490.830.650.30.07-0.330.68-0.640.160.520.660.750.050.280.180.240.38-0.40.38
-0.54-0.550.16-0.56-0.53-0.27-0.49-0.61-0.6-0.430.440.32-0.410.53-0.280.0-0.16-0.730.49-0.57-0.19-0.5-0.110.58-0.39
0.860.860.310.770.50.590.83-0.610.660.420.21-0.710.84-0.850.610.640.620.880.160.450.590.360.46-0.70.74
0.770.780.20.740.430.050.65-0.60.660.60.03-0.130.43-0.760.080.36-0.050.71-0.110.8-0.020.790.38-0.650.37
0.580.590.020.69-0.170.080.3-0.430.420.6-0.02-0.090.4-0.580.090.47-0.20.64-0.180.70.040.670.15-0.430.47
0.260.25-0.090.3-0.090.280.070.440.210.03-0.02-0.290.24-0.230.290.670.210.010.98-0.050.34-0.060.29-0.120.29
-0.53-0.530.03-0.46-0.3-0.98-0.330.32-0.71-0.13-0.09-0.29-0.560.49-0.98-0.44-0.58-0.43-0.26-0.03-0.980.09-0.170.39-0.65
0.850.850.350.720.360.470.68-0.410.840.430.40.24-0.56-0.880.470.620.520.820.20.380.480.350.67-0.760.9
-0.99-0.99-0.26-0.9-0.45-0.42-0.640.53-0.85-0.76-0.58-0.230.49-0.88-0.43-0.58-0.23-0.85-0.12-0.67-0.38-0.65-0.690.91-0.86
0.490.49-0.150.450.261.00.16-0.280.610.080.090.29-0.980.47-0.430.370.440.350.250.060.99-0.060.12-0.390.64
0.580.580.20.61-0.040.370.520.00.640.360.470.67-0.440.62-0.580.370.40.550.60.290.430.230.33-0.330.58
0.220.220.390.050.250.440.66-0.160.62-0.05-0.20.21-0.580.52-0.230.440.40.340.31-0.380.53-0.460.21-0.080.27
0.830.840.210.840.440.340.75-0.730.880.710.640.01-0.430.82-0.850.350.550.34-0.060.70.310.640.4-0.750.74
0.140.13-0.070.17-0.080.250.050.490.16-0.11-0.180.98-0.260.2-0.120.250.60.31-0.06-0.190.33-0.20.24-0.030.22
0.670.68-0.070.790.290.040.28-0.570.450.80.7-0.05-0.030.38-0.670.060.29-0.380.7-0.19-0.060.980.24-0.690.51
0.430.43-0.10.390.20.990.18-0.190.59-0.020.040.34-0.980.48-0.380.990.430.530.310.33-0.06-0.190.12-0.310.61
0.640.65-0.050.740.28-0.080.24-0.50.360.790.67-0.060.090.35-0.65-0.060.23-0.460.64-0.20.98-0.190.26-0.660.45
0.670.660.40.530.460.110.38-0.110.460.380.150.29-0.170.67-0.690.120.330.210.40.240.240.120.26-0.740.61
-0.9-0.9-0.11-0.86-0.6-0.37-0.40.58-0.7-0.65-0.43-0.120.39-0.760.91-0.39-0.33-0.08-0.75-0.03-0.69-0.31-0.66-0.74-0.83
0.850.850.070.80.290.640.38-0.390.740.370.470.29-0.650.9-0.860.640.580.270.740.220.510.610.450.61-0.83
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Fidelity Special Account Relationship Matchups

Fidelity Special fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets586.0M959.2M935.3M952.9M1.1B1.2B
Total Stockholder Equity579.5M954.1M922.6M951.0M1.1B1.2B
Retained Earnings17.7M21.9M30.5M39.2M45.1M47.3M
Accounts Payable146K4.5M1.3M2.8M2.5M3.1M
Cash9.8M63.8M80.5M59.5M11.7M18.1M
Total Liab4.5M5.1M12.7M1.8M1.4M1.3M
Common Stock13.8M14.5M15.7M16.2M16.2M15.3M
Other Current Liab(4.5M)(1.3M)(2.8M)1.8M2.1M2.2M
Total Current Liabilities4.5M5.1M12.7M2.7M2.4M4.6M
Net Debt(9.8M)(63.8M)(80.5M)(59.5M)(11.7M)(12.3M)
Non Current Assets Total571.4M888.7M835.7M884.5M1.1B580.3M
Non Currrent Assets Other(571.4M)(888.7M)(835.7M)(884.5M)(1.1B)(1.1B)
Cash And Short Term Investments9.8M63.8M80.5M59.5M11.7M19.9M
Net Receivables3.1M5.4M9.6M7.2M8.2M5.6M
Common Stock Shares Outstanding271.7M285.8M299.3M324.1M372.7M313.0M
Liabilities And Stockholders Equity586.0M959.2M935.3M952.9M1.1B608.5M
Non Current Liabilities Total6.5M5.1M12.7M1.8M1.6M1.5M
Other Stockholder Equity109.9M144.3M205.5M238.4M1.1B1.2B
Total Current Assets12.9M70.5M91.4M70.2M11.7M11.2M
Other Assets1.6M40K8.2M(1.8M)1.1B1.2B
Other Current Assets9.3M3.3M9.5M3.5M(8.2M)(7.8M)
Accumulated Other Comprehensive Income403.0M711.0M637.5M657.2M755.8M574.7M
Net Tangible Assets698.7M579.5M954.1M922.6M1.1B756.3M
Long Term Investments571.4M888.7M835.7M884.5M1.0B750.5M
Capital Surpluse95.9M109.9M144.3M205.5M236.3M143.3M
Capital Stock13.8M14.5M15.7M16.2M18.6M16.5M

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Other Information on Investing in Fidelity Stock

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