RFF Stock | | | 1.77 0.02 1.14% |
Rural Funds financial indicator trend analysis is much more than just breaking down Rural Funds Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rural Funds Group is a good investment. Please check the relationship between Rural Funds Cost Of Revenue and its Tax Provision accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rural Funds Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cost Of Revenue vs Tax Provision
Cost Of Revenue vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rural Funds Group Cost Of Revenue account and
Tax Provision. At this time, the significance of the direction appears to have weak relationship.
The correlation between Rural Funds' Cost Of Revenue and Tax Provision is 0.35. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Rural Funds Group, assuming nothing else is changed. The correlation between historical values of Rural Funds' Cost Of Revenue 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 Cost Of Revenue of Rural Funds Group 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 Cost Of Revenue i.e., Rural Funds' Cost Of Revenue and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Rural Funds Group income statement and represents the costs associated with goods and services Rural Funds provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Rural Funds' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rural Funds Group 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 Rural Funds Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Rural Funds'
Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.3
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 1.4
M in 2024.
Rural Funds fundamental ratios Correlations
Click cells to compare fundamentals
Rural Funds Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rural Funds fundamental ratios Accounts
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Additional Tools for Rural Stock Analysis
When running Rural Funds' price analysis, check to
measure Rural Funds' 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 Rural Funds is operating at the current time. Most of Rural Funds' value examination focuses on studying past and present price action to
predict the probability of Rural Funds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rural Funds' price. Additionally, you may evaluate how the addition of Rural Funds to your portfolios can decrease your overall portfolio volatility.