III Stock | | | 3,596 15.00 0.42% |
3I Group financial indicator trend analysis is way more than just evaluating 3I Group PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3I Group PLC is a good investment. Please check the relationship between 3I Group Selling General Administrative and its Tax Provision accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 3I Group PLC. 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.
Selling General Administrative vs Tax Provision
Selling General Administrative vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
3I Group PLC Selling General Administrative account and
Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between 3I Group's Selling General Administrative and Tax Provision is -0.16. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of 3I Group PLC, assuming nothing else is changed. The correlation between historical values of 3I Group's Selling General Administrative 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 Selling General Administrative of 3I Group PLC 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 Selling General Administrative i.e., 3I Group's Selling General Administrative and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
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 3I Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3I Group PLC 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 3I Group PLC. 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.
At present, 3I Group's Tax Provision is projected to increase significantly based on the last few years of reporting.
3I Group fundamental ratios Correlations
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3I Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
3I Group fundamental ratios Accounts
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Other Information on Investing in III Stock
Balance Sheet is a snapshot of the
financial position of 3I Group PLC at a specified time, usually calculated after every quarter, six months, or one year. 3I Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3I 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 III currently owns. An asset can also be divided into two categories, current and non-current.