Monalisa Research Development vs Income Tax Expense Analysis

002918 Stock   11.56  0.07  0.60%   
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 Research Development and its Income Tax Expense 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 producer price index.

Research Development vs Income Tax Expense

Research Development vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monalisa Group Research Development account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Monalisa Group's Research Development and Income Tax Expense is -0.44. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Tax Expense 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 Research Development and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Monalisa Group Co are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Research Development i.e., Monalisa Group's Research Development and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Income Tax Expense

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 producer price index.
The current year's Selling General Administrative is expected to grow to about 398.5 M, whereas Tax Provision is forecasted to decline to about 29.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.5B1.7B1.3B1.6B
Total Revenue6.2B5.9B4.6B5.0B

Monalisa Group fundamental ratios Correlations

-0.62-0.7-0.24-0.82-0.62-0.31-0.420.09-0.38-0.67-0.53-0.7-0.27-0.2-0.1-0.49-0.09-0.4-0.49-0.56-0.260.03-0.530.030.33
-0.620.960.690.920.960.820.910.260.850.980.860.940.880.580.760.680.760.80.720.860.820.230.88-0.66-0.39
-0.70.960.590.910.950.80.930.220.890.980.930.960.840.480.750.80.740.880.770.90.840.210.94-0.61-0.32
-0.240.690.590.520.70.90.710.270.670.660.550.60.820.970.710.340.70.550.140.780.690.440.56-0.8-0.38
-0.820.920.910.520.870.630.760.120.680.930.770.930.650.430.520.70.510.670.750.760.620.030.8-0.37-0.44
-0.620.960.950.70.870.850.910.280.880.950.880.890.890.60.770.70.760.820.610.940.840.240.86-0.63-0.22
-0.310.820.80.90.630.850.910.260.890.830.80.770.950.830.880.60.880.810.430.910.90.430.81-0.9-0.33
-0.420.910.930.710.760.910.910.410.990.930.950.90.960.580.940.790.940.960.70.890.980.350.96-0.81-0.25
0.090.260.220.270.120.280.260.410.470.210.470.210.430.060.560.340.550.490.120.240.510.150.36-0.360.22
-0.380.850.890.670.680.880.890.990.470.880.960.850.940.530.950.790.940.980.650.870.990.410.95-0.81-0.14
-0.670.980.980.660.930.950.830.930.210.880.910.980.850.560.760.780.750.860.760.890.840.20.94-0.64-0.43
-0.530.860.930.550.770.880.80.950.470.960.910.890.850.40.850.890.850.980.730.870.920.180.98-0.66-0.21
-0.70.940.960.60.930.890.770.90.210.850.980.890.790.50.720.770.710.840.790.840.80.20.94-0.6-0.48
-0.270.880.840.820.650.890.950.960.430.940.850.850.790.710.950.620.950.870.520.880.960.450.85-0.88-0.19
-0.20.580.480.970.430.60.830.580.060.530.560.40.50.710.580.20.570.390.030.710.560.440.42-0.72-0.39
-0.10.760.750.710.520.770.880.940.560.950.760.850.720.950.580.691.00.910.560.760.980.410.86-0.87-0.12
-0.490.680.80.340.70.70.60.790.340.790.780.890.770.620.20.690.690.870.820.680.76-0.120.89-0.37-0.14
-0.090.760.740.70.510.760.880.940.550.940.750.850.710.950.571.00.690.90.560.760.980.40.85-0.87-0.12
-0.40.80.880.550.670.820.810.960.490.980.860.980.840.870.390.910.870.90.710.820.960.290.97-0.73-0.14
-0.490.720.770.140.750.610.430.70.120.650.760.730.790.520.030.560.820.560.710.450.62-0.040.82-0.29-0.24
-0.560.860.90.780.760.940.910.890.240.870.890.870.840.880.710.760.680.760.820.450.830.260.83-0.69-0.27
-0.260.820.840.690.620.840.90.980.510.990.840.920.80.960.560.980.760.980.960.620.830.410.92-0.85-0.14
0.030.230.210.440.030.240.430.350.150.410.20.180.20.450.440.41-0.120.40.29-0.040.260.410.23-0.630.19
-0.530.880.940.560.80.860.810.960.360.950.940.980.940.850.420.860.890.850.970.820.830.920.23-0.68-0.29
0.03-0.66-0.61-0.8-0.37-0.63-0.9-0.81-0.36-0.81-0.64-0.66-0.6-0.88-0.72-0.87-0.37-0.87-0.73-0.29-0.69-0.85-0.63-0.680.3
0.33-0.39-0.32-0.38-0.44-0.22-0.33-0.250.22-0.14-0.43-0.21-0.48-0.19-0.39-0.12-0.14-0.12-0.14-0.24-0.27-0.140.19-0.290.3
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Monalisa Group Account Relationship Matchups

Monalisa Group fundamental ratios Accounts

202020212022202320242025 (projected)
Other Liab3.8M1.7M14.7M13.3M12.0M8.4M
Net Tangible Assets2.5B2.7B3.2B3.5B4.1B2.4B
Retained Earnings1.7B1.9B1.4B1.4B1.4B1.2B
Other Assets103.5M90.6M109.6M482.5M554.9M582.6M
Deferred Long Term Liab23.4M24.1M22.9M18.5M21.3M16.7M
Common Stock403.3M406.1M414.9M415.2M477.5M312.2M
Property Plant Equipment562.8M1.1B2.2B3.8B4.3B4.6B
Total Assets7.6B11.2B10.2B9.7B7.7B7.5B
Other Current Liab347.8M453.6M1.5B501.3M174.1M165.4M
Total Current Liabilities3.4B4.5B4.2B3.8B2.8B3.1B
Total Stockholder Equity3.5B3.8B3.3B3.5B3.3B3.2B
Accounts Payable1.9B2.5B2.3B1.6B1.2B1.7B
Cash2.1B2.1B1.8B2.1B1.5B1.8B
Non Current Assets Total2.5B4.2B4.6B4.5B4.3B2.9B
Non Currrent Assets Other28.8M21.3M192.1M313.3M366.7M385.1M
Long Term Debt594.1M2.3B2.3B2.0B1.2B1.1B
Net Receivables815.8M1.3B1.0B852.1M655.7M955.3M
Non Current Liabilities Total595.8M2.5B2.4B2.1B1.3B1.1B
Inventory1.5B2.1B1.8B1.5B1.0B1.4B
Other Current Assets60.2M127.8M48.6M67.5M29.5M28.0M
Total Liab4.0B7.0B6.6B5.9B4.1B4.2B
Short Long Term Debt368M180M270.1M405.7M279.1M252.3M
Total Current Assets5.1B7.0B5.6B5.2B3.4B4.7B
Non Current Liabilities Other0.01(41.6M)(68.8M)(56.2M)(50.6M)(48.1M)
Intangible Assets213.5M283.1M305.8M301.9M330.4M233.5M
Common Stock Shares Outstanding406.1M414.9M415.2M415.2M415.2M450.2M
Net Invested Capital4.4B6.3B5.8B5.8B4.8B4.9B
Net Working Capital1.7B2.5B1.4B1.4B632.0M600.4M
Capital Stock406.1M414.9M415.2M415.2M415.2M425.3M
Property Plant And Equipment Net2.2B3.8B3.8B3.5B3.1B3.2B
Property Plant And Equipment Gross2.8B4.6B3.8B5.0B3.1B3.9B

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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.