Pinstripes Tax Provision vs Other Operating Expenses Analysis
| PNST Stock | 0.63 0.09 12.50% |
Pinstripes Holdings financial indicator trend analysis is much more than just breaking down Pinstripes Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinstripes Holdings is a good investment. Please check the relationship between Pinstripes Holdings Tax Provision and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes Holdings. 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. For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.
Tax Provision vs Other Operating Expenses
Tax Provision vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinstripes Holdings Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pinstripes Holdings' Tax Provision and Other Operating Expenses is 0.61. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Pinstripes Holdings, assuming nothing else is changed. The correlation between historical values of Pinstripes Holdings' Tax Provision and Other Operating 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 Pinstripes Holdings are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., Pinstripes Holdings' Tax Provision and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pinstripes Holdings. It is also known as Pinstripes Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Pinstripes Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinstripes Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes Holdings. 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. For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.At this time, Pinstripes Holdings' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Enterprise Value is likely to drop slightly above 420.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.9M | 11.7M | 12.3M | Depreciation And Amortization | 8.8M | 8.1M | 8.4M | 6.8M |
Pinstripes Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Pinstripes Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Pinstripes Stock Analysis
When running Pinstripes Holdings' price analysis, check to measure Pinstripes Holdings' 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 Pinstripes Holdings is operating at the current time. Most of Pinstripes Holdings' value examination focuses on studying past and present price action to predict the probability of Pinstripes Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinstripes Holdings' price. Additionally, you may evaluate how the addition of Pinstripes Holdings to your portfolios can decrease your overall portfolio volatility.