Hexa Tax Provision vs Operating Income Analysis

HEXATRADEX

306.60 1.15 0.38%

Hexa Tradex financial indicator trend analysis is much more than just examining Hexa Tradex Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hexa Tradex Limited is a good investment. Please check the relationship between Hexa Tradex Tax Provision and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexa Tradex Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hexa Tradex Limited Tax Provision account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Hexa Tradex's Tax Provision and Operating Income is 0.65. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hexa Tradex Limited, assuming nothing else is changed. The correlation between historical values of Hexa Tradex's Tax Provision and Operating Income 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 Hexa Tradex Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Hexa Tradex's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Operating Income

Operating Income is the amount of profit realized from Hexa Tradex Limited 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 Hexa Tradex Limited 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.

Most indicators from Hexa Tradex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hexa Tradex Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexa Tradex Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

The current year's Selling General Administrative is expected to grow to about 8.4 M. The current year's Tax Provision is expected to grow to about 265.1 M

Hexa Tradex fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Inventory	Other Liab	Net Tangible Assets
Total Assets		0.5	0.63	0.2	0.99	-0.36	0.35	0.5	-0.19	-0.1	-0.3	1.0	-0.27	-0.21	-0.39	-0.75	0.96	0.01	-0.69	0.95	-0.35	0.94	-0.75	0.2	0.98	0.99
Short Long Term Debt Total	0.5		0.64	0.82	0.41	-0.15	0.31	1.0	-0.68	-0.06	-0.05	0.5	-0.15	0.14	-0.25	0.1	0.71	0.01	-0.12	0.74	-0.27	0.4	0.1	0.12	0.61	0.6
Other Current Liab	0.63	0.64		0.32	0.58	-0.17	-0.1	0.63	-0.7	-0.32	-0.46	0.65	-0.24	-0.34	-0.77	-0.19	0.71	-0.13	-0.59	0.71	-0.84	0.49	-0.19	0.36	0.69	0.69
Total Current Liabilities	0.2	0.82	0.32		0.11	-0.16	0.36	0.83	-0.47	0.32	0.36	0.19	-0.01	0.57	-0.14	0.27	0.4	0.0	0.2	0.44	0.06	0.26	0.27	-0.09	0.27	0.27
Total Stockholder Equity	0.99	0.41	0.58	0.11		-0.36	0.33	0.41	-0.12	-0.1	-0.31	0.99	-0.27	-0.24	-0.38	-0.81	0.93	0.01	-0.72	0.91	-0.33	0.94	-0.81	0.2	0.96	0.97
Property Plant And Equipment Net	-0.36	-0.15	-0.17	-0.16	-0.36		-0.59	-0.2	0.02	0.17	0.15	-0.36	-0.15	0.08	0.08	0.45	-0.33	0.01	0.31	-0.33	0.08	-0.4	0.45	-0.12	-0.25	-0.28
Current Deferred Revenue	0.35	0.31	-0.1	0.36	0.33	-0.59		0.33	0.11	0.11	0.22	0.33	0.52	0.27	0.21	-0.28	0.37	0.16	0.01	0.38	0.36	0.4	-0.28	-0.12	0.3	0.32
Net Debt	0.5	1.0	0.63	0.83	0.41	-0.2	0.33		-0.67	-0.06	-0.05	0.5	-0.14	0.14	-0.24	0.09	0.71	0.02	-0.12	0.74	-0.26	0.39	0.09	0.12	0.6	0.59
Retained Earnings	-0.19	-0.68	-0.7	-0.47	-0.12	0.02	0.11	-0.67		0.4	0.39	-0.21	0.01	0.23	0.39	-0.26	-0.37	-0.13	0.26	-0.39	0.62	-0.08	-0.26	-0.35	-0.3	-0.28
Accounts Payable	-0.1	-0.06	-0.32	0.32	-0.1	0.17	0.11	-0.06	0.4		0.9	-0.12	0.03	0.87	-0.03	0.06	-0.11	-0.11	0.36	-0.09	0.52	-0.01	0.06	-0.33	-0.12	-0.12
Cash	-0.3	-0.05	-0.46	0.36	-0.31	0.15	0.22	-0.05	0.39	0.9		-0.32	0.2	0.97	0.06	0.25	-0.27	-0.03	0.59	-0.24	0.58	-0.2	0.25	-0.38	-0.3	-0.31
Non Current Assets Total	1.0	0.5	0.65	0.19	0.99	-0.36	0.33	0.5	-0.21	-0.12	-0.32		-0.27	-0.23	-0.42	-0.75	0.96	-0.01	-0.71	0.95	-0.39	0.93	-0.75	0.22	0.98	0.99
Non Currrent Assets Other	-0.27	-0.15	-0.24	-0.01	-0.27	-0.15	0.52	-0.14	0.01	0.03	0.2	-0.27		0.17	0.08	0.16	-0.26	-0.07	0.26	-0.26	0.16	-0.21	0.16	-0.06	-0.28	-0.27
Cash And Short Term Investments	-0.21	0.14	-0.34	0.57	-0.24	0.08	0.27	0.14	0.23	0.87	0.97	-0.23	0.17		0.02	0.27	-0.15	-0.02	0.56	-0.11	0.53	-0.08	0.27	-0.35	-0.2	-0.21
Net Receivables	-0.39	-0.25	-0.77	-0.14	-0.38	0.08	0.21	-0.24	0.39	-0.03	0.06	-0.42	0.08	0.02		0.22	-0.39	0.36	0.43	-0.39	0.81	-0.32	0.22	-0.28	-0.41	-0.42
Common Stock Shares Outstanding	-0.75	0.1	-0.19	0.27	-0.81	0.45	-0.28	0.09	-0.26	0.06	0.25	-0.75	0.16	0.27	0.22		-0.57	-0.01	0.7	-0.54	0.13	-0.78	1.0	-0.12	-0.64	-0.66
Non Current Liabilities Total	0.96	0.71	0.71	0.4	0.93	-0.33	0.37	0.71	-0.37	-0.11	-0.27	0.96	-0.26	-0.15	-0.39	-0.57		0.01	-0.6	1.0	-0.38	0.87	-0.57	0.21	0.99	0.99
Other Current Assets	0.01	0.01	-0.13	0.0	0.01	0.01	0.16	0.02	-0.13	-0.11	-0.03	-0.01	-0.07	-0.02	0.36	-0.01	0.01		-0.03	0.01	0.3	0.03	-0.01	-0.2	0.0	0.0
Other Stockholder Equity	-0.69	-0.12	-0.59	0.2	-0.72	0.31	0.01	-0.12	0.26	0.36	0.59	-0.71	0.26	0.56	0.43	0.7	-0.6	-0.03		-0.58	0.57	-0.62	0.7	-0.68	-0.65	-0.67
Total Liab	0.95	0.74	0.71	0.44	0.91	-0.33	0.38	0.74	-0.39	-0.09	-0.24	0.95	-0.26	-0.11	-0.39	-0.54	1.0	0.01	-0.58		-0.36	0.86	-0.54	0.2	0.98	0.98
Total Current Assets	-0.35	-0.27	-0.84	0.06	-0.33	0.08	0.36	-0.26	0.62	0.52	0.58	-0.39	0.16	0.53	0.81	0.13	-0.38	0.3	0.57	-0.36		-0.22	0.13	-0.5	-0.39	-0.39
Short Term Debt	0.94	0.4	0.49	0.26	0.94	-0.4	0.4	0.39	-0.08	-0.01	-0.2	0.93	-0.21	-0.08	-0.32	-0.78	0.87	0.03	-0.62	0.86	-0.22		-0.78	0.12	0.89	0.91
Common Stock	-0.75	0.1	-0.19	0.27	-0.81	0.45	-0.28	0.09	-0.26	0.06	0.25	-0.75	0.16	0.27	0.22	1.0	-0.57	-0.01	0.7	-0.54	0.13	-0.78		-0.12	-0.64	-0.66
Inventory	0.2	0.12	0.36	-0.09	0.2	-0.12	-0.12	0.12	-0.35	-0.33	-0.38	0.22	-0.06	-0.35	-0.28	-0.12	0.21	-0.2	-0.68	0.2	-0.5	0.12	-0.12		0.22	0.22
Other Liab	0.98	0.61	0.69	0.27	0.96	-0.25	0.3	0.6	-0.3	-0.12	-0.3	0.98	-0.28	-0.2	-0.41	-0.64	0.99	0.0	-0.65	0.98	-0.39	0.89	-0.64	0.22		1.0
Net Tangible Assets	0.99	0.6	0.69	0.27	0.97	-0.28	0.32	0.59	-0.28	-0.12	-0.31	0.99	-0.27	-0.21	-0.42	-0.66	0.99	0.0	-0.67	0.98	-0.39	0.91	-0.66	0.22	1.0

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Hexa Tradex Account Relationship Matchups

Hexa Tradex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	15.0B	34.3B	33.6B	47.5B	49.8B
Short Long Term Debt Total	13.7M	405.7M	5.0B	5.9B	455.2M	432.5M
Other Current Liab	65.3M	62.4M	94.8M	102.2M	80.7M	54.8M
Total Current Liabilities	65.3M	62.4M	474.3M	1.0B	80.7M	76.7M
Total Stockholder Equity	2.4B	12.2B	23.5B	22.5B	38.3B	40.2B
Property Plant And Equipment Net	28K	115K	37K	12K	3K	2.9K
Net Debt	13.3M	34.4M	5.0B	5.9B	455.0M	432.2M
Retained Earnings	(421.2M)	(326.0M)	(576.5M)	(832.6M)	(33.0M)	(34.7M)
Cash	392K	1.0M	5.7M	4.6M	229K	217.6K
Non Current Assets Total	2.5B	15.0B	34.2B	33.3B	47.2B	49.5B
Non Currrent Assets Other	234K	262K	85.9M	167.5M	344K	326.8K
Cash And Short Term Investments	392K	1.0M	5.7M	13.7M	229K	217.6K
Liabilities And Stockholders Equity	2.5B	15.0B	34.3B	33.6B	47.5B	49.8B
Non Current Liabilities Total	100.2M	2.8B	10.3B	10.0B	9.1B	9.5B
Other Current Assets	55.5M	866K	144.5M	265.8M	286.1M	165.1M
Total Liab	165.5M	2.9B	10.8B	11.1B	9.1B	9.6B
Total Current Assets	55.9M	56.0M	149.3M	270.4M	286.1M	518.7M
Accumulated Other Comprehensive Income	(64K)	10.4B	22.0B	21.3B	36.3B	38.1B
Short Term Debt	130M	0.0	370.3M	928.5M	1.1B	1.1B
Other Liab	86.6M	2.8B	5.7B	5.1B	5.9B	6.1B
Net Tangible Assets	2.4B	12.2B	23.5B	22.5B	25.9B	27.2B
Other Assets	266.9M	86.0M	1K	440.5M	396.4M	416.2M
Property Plant Equipment	26K	63K	37K	12K	13.8K	13.1K
Long Term Debt	13.7M	35.4M	4.7B	4.9B	455.2M	432.5M
Long Term Debt Total	13.7M	35.4M	4.7B	4.9B	5.7B	6.0B
Net Invested Capital	2.4B	12.2B	28.5B	28.4B	38.8B	40.7B
Net Working Capital	(9.4M)	(6.4M)	(325.0M)	(775.7M)	205.3M	215.6M

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Other Information on Investing in Hexa Stock

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

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Hexa Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Hexa Tradex fundamental ratios Correlations

Hexa Tradex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hexa Tradex fundamental ratios Accounts

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Other Information on Investing in Hexa Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 1.0	Non Current Liabilities Total
Net Tangible Assets	+ 1.0	Other Liab
Total Stockholder Equity	+ 0.99	Total Assets

Total Current Assets	- 0.84	Other Current Liab
Common Stock	- 0.81	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.81	Total Stockholder Equity
Common Stock	- 0.78	Short Term Debt
Short Term Debt	- 0.78	Common Stock Shares Outstanding
Net Receivables	- 0.77	Other Current Liab