TROX Stock | | | USD 12.07 0.11 0.90% |
Tronox Holdings financial indicator trend analysis is much more than just breaking down Tronox Holdings PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tronox Holdings PLC is a good investment. Please check the relationship between Tronox Holdings Income Before Tax and its Net Interest Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings 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 persons.
Income Before Tax vs Net Interest Income
Income Before Tax vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tronox Holdings PLC Income Before Tax account and
Net Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Tronox Holdings' Income Before Tax and Net Interest Income is 0.09. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Tronox Holdings PLC, assuming nothing else is changed. The correlation between historical values of Tronox Holdings' Income Before Tax and Net Interest 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 Income Before Tax of Tronox Holdings PLC are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Tronox Holdings' Income Before Tax and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Tronox Holdings income statement and is an important metric when analyzing Tronox Holdings PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Tronox Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tronox Holdings 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings 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 persons.
At this time, Tronox Holdings'
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas
Selling General Administrative is likely to drop slightly above 227.3
M in 2024.
Tronox Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Tronox Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tronox Holdings fundamental ratios Accounts
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