002631 Stock | | | 5.12 0.19 3.58% |
Der International financial indicator trend analysis is much more than just examining Der International Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Der International Home is a good investment. Please check the relationship between Der International Tax Provision and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Der International Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Tax Provision vs Cost Of Revenue
Tax Provision vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Der International Home Tax Provision account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Der International's Tax Provision and Cost Of Revenue is -0.09. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Der International Home, assuming nothing else is changed. The correlation between historical values of Der International's Tax Provision and Cost Of 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 Der International Home are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Tax Provision i.e., Der International's Tax Provision and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.09 |
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.
Cost Of Revenue
Cost of Revenue is found on Der International Home income statement and represents the costs associated with goods and services Der International 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.
Most indicators from Der International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Der International Home 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Der International Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 174.5
M. The current year's Tax Provision is expected to grow to about 29.3
MDer International fundamental ratios Correlations
Click cells to compare fundamentals
Der International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Der International fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Der Stock
Balance Sheet is a snapshot of the
financial position of Der International Home at a specified time, usually calculated after every quarter, six months, or one year. Der International Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Der International 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 Der currently owns. An asset can also be divided into two categories, current and non-current.