002918 Stock | | | 8.72 0.20 2.35% |
Monalisa Group financial indicator trend analysis is infinitely more than just investigating Monalisa Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monalisa Group is a good investment. Please check the relationship between Monalisa Group Ebitda and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Monalisa Group Co. 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.
Ebitda vs Tax Provision
Ebitda vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Monalisa Group Ebitda account and
Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Monalisa Group's Ebitda and Tax Provision is 0.66. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Monalisa Group Co, assuming nothing else is changed. The correlation between historical values of Monalisa Group's Ebitda 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 Ebitda of Monalisa Group Co 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 Ebitda i.e., Monalisa Group's Ebitda and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
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 Monalisa Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monalisa 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Monalisa Group Co. 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.
The current year's
Selling General Administrative is expected to grow to about 592.5
M, whereas Tax Provision is forecasted to decline to about 29.4
M.
Monalisa Group fundamental ratios Correlations
Click cells to compare fundamentals
Monalisa Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monalisa Group fundamental ratios Accounts
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Other Information on Investing in Monalisa Stock
Balance Sheet is a snapshot of the
financial position of Monalisa Group at a specified time, usually calculated after every quarter, six months, or one year. Monalisa Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Monalisa Group 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 Monalisa currently owns. An asset can also be divided into two categories, current and non-current.