Motisons Income Tax Expense vs Depreciation And Amortization Analysis

MOTISONS   28.41  0.48  1.66%   
Motisons Jewellers financial indicator trend analysis is infinitely more than just investigating Motisons Jewellers recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Motisons Jewellers is a good investment. Please check the relationship between Motisons Jewellers Income Tax Expense and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motisons Jewellers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Income Tax Expense vs Depreciation And Amortization

Income Tax Expense vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Motisons Jewellers Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Motisons Jewellers' Income Tax Expense and Depreciation And Amortization is 0.65. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Motisons Jewellers, assuming nothing else is changed. The correlation between historical values of Motisons Jewellers' Income Tax Expense and Depreciation And Amortization 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 Motisons Jewellers are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Tax Expense i.e., Motisons Jewellers' Income Tax Expense and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Motisons Jewellers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Motisons Jewellers 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motisons Jewellers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of the 16th of December 2024, Selling General Administrative is likely to grow to about 118.3 M
 2021 2022 2023 2024 (projected)
Interest Expense159.3M177.7M171.5M182.0M
Depreciation And Amortization28.3M19.1M17.6M22.1M

Motisons Jewellers fundamental ratios Correlations

-0.730.96-0.020.91-0.88-0.840.97-0.230.870.560.68-0.70.87-0.88-0.87-0.790.99-0.660.86-0.571.0-0.490.850.940.71
-0.73-0.770.33-0.750.410.97-0.560.08-0.91-0.21-0.380.84-0.910.480.930.84-0.650.15-0.930.97-0.70.94-0.34-0.89-0.18
0.96-0.77-0.160.81-0.73-0.880.89-0.080.820.360.5-0.640.82-0.76-0.85-0.810.94-0.580.83-0.610.96-0.530.750.970.58
-0.020.33-0.160.16-0.380.380.130.39-0.010.160.0-0.19-0.01-0.430.03-0.120.08-0.6-0.010.340.00.420.37-0.280.58
0.91-0.750.810.16-0.89-0.790.89-0.250.950.70.78-0.890.95-0.92-0.93-0.780.91-0.650.93-0.660.91-0.60.820.840.74
-0.880.41-0.73-0.38-0.890.52-0.950.27-0.73-0.75-0.780.63-0.730.970.70.61-0.920.83-0.70.27-0.890.18-0.95-0.68-0.91
-0.840.97-0.880.38-0.790.52-0.690.19-0.91-0.32-0.490.78-0.910.570.930.81-0.770.25-0.920.9-0.820.86-0.48-0.97-0.29
0.97-0.560.890.130.89-0.95-0.69-0.290.780.660.74-0.610.78-0.93-0.77-0.680.99-0.750.76-0.390.98-0.30.930.840.81
-0.230.08-0.080.39-0.250.270.19-0.29-0.16-0.62-0.73-0.01-0.160.10.1-0.21-0.22-0.2-0.090.08-0.240.12-0.12-0.21-0.01
0.87-0.910.82-0.010.95-0.73-0.910.78-0.160.520.63-0.941.0-0.78-0.99-0.860.84-0.470.99-0.850.86-0.80.650.90.54
0.56-0.210.360.160.7-0.75-0.320.66-0.620.520.96-0.420.53-0.7-0.43-0.10.61-0.540.43-0.140.58-0.180.720.390.7
0.68-0.380.50.00.78-0.78-0.490.74-0.730.630.96-0.490.64-0.71-0.56-0.230.7-0.440.56-0.310.69-0.330.70.550.62
-0.70.84-0.64-0.19-0.890.630.78-0.61-0.01-0.94-0.42-0.49-0.940.720.940.86-0.680.43-0.950.84-0.690.78-0.53-0.72-0.49
0.87-0.910.82-0.010.95-0.73-0.910.78-0.161.00.530.64-0.94-0.78-0.99-0.860.84-0.480.99-0.850.86-0.80.650.90.55
-0.880.48-0.76-0.43-0.920.970.57-0.930.1-0.78-0.7-0.710.72-0.780.760.68-0.920.89-0.760.35-0.890.26-0.97-0.69-0.94
-0.870.93-0.850.03-0.930.70.93-0.770.1-0.99-0.43-0.560.94-0.990.760.91-0.840.46-1.00.87-0.860.8-0.62-0.91-0.51
-0.790.84-0.81-0.12-0.780.610.81-0.68-0.21-0.86-0.1-0.230.86-0.860.680.91-0.760.46-0.910.77-0.770.64-0.54-0.83-0.44
0.99-0.650.940.080.91-0.92-0.770.99-0.220.840.610.7-0.680.84-0.92-0.84-0.76-0.730.83-0.491.0-0.40.90.90.78
-0.660.15-0.58-0.6-0.650.830.25-0.75-0.2-0.47-0.54-0.440.43-0.480.890.460.46-0.73-0.45-0.01-0.68-0.09-0.93-0.42-0.97
0.86-0.930.83-0.010.93-0.7-0.920.76-0.090.990.430.56-0.950.99-0.76-1.0-0.910.83-0.45-0.870.85-0.80.620.90.51
-0.570.97-0.610.34-0.660.270.9-0.390.08-0.85-0.14-0.310.84-0.850.350.870.77-0.49-0.01-0.87-0.550.98-0.17-0.77-0.03
1.0-0.70.960.00.91-0.89-0.820.98-0.240.860.580.69-0.690.86-0.89-0.86-0.771.0-0.680.85-0.55-0.460.870.930.73
-0.490.94-0.530.42-0.60.180.86-0.30.12-0.8-0.18-0.330.78-0.80.260.80.64-0.4-0.09-0.80.98-0.46-0.1-0.70.03
0.85-0.340.750.370.82-0.95-0.480.93-0.120.650.720.7-0.530.65-0.97-0.62-0.540.9-0.930.62-0.170.87-0.10.640.97
0.94-0.890.97-0.280.84-0.68-0.970.84-0.210.90.390.55-0.720.9-0.69-0.91-0.830.9-0.420.9-0.770.93-0.70.640.45
0.71-0.180.580.580.74-0.91-0.290.81-0.010.540.70.62-0.490.55-0.94-0.51-0.440.78-0.970.51-0.030.730.030.970.45
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Motisons Jewellers Account Relationship Matchups

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Other Information on Investing in Motisons Stock

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