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 Tax Provision and its Total Revenue 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.
Tax Provision vs Total Revenue
Tax Provision vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tronox Holdings PLC Tax Provision account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tronox Holdings' Tax Provision and Total Revenue is -0.2. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Revenue 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' Tax Provision and Total Revenue 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 Tronox Holdings PLC are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Tax Provision i.e., Tronox Holdings' Tax Provision and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Total Revenue
Total revenue comprises all receipts Tronox Holdings PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 895M | 832M | 462M | 342.3M | Total Revenue | 3.6B | 3.5B | 2.9B | 2.0B |
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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