Monalisa Tax Provision vs Interest Income Analysis

002918 Stock   8.95  0.15  1.70%   
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 Tax Provision and its Interest Income 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.

Tax Provision vs Interest Income

Tax Provision vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monalisa Group Tax Provision account and Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Monalisa Group's Tax Provision and Interest Income is -0.48. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Income 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 Tax Provision and 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 Tax Provision of Monalisa Group Co are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Tax Provision i.e., Monalisa Group's Tax Provision and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B1.5B1.7B1.6B
Total Revenue7.0B6.2B5.9B5.0B

Monalisa Group fundamental ratios Correlations

-0.66-0.72-0.27-0.84-0.65-0.33-0.440.0-0.4-0.7-0.54-0.72-0.29-0.23-0.12-0.16-0.11-0.42-0.57-0.59-0.280.01-0.550.010.33
-0.660.960.650.920.960.80.930.420.880.980.910.980.870.540.780.560.780.880.830.850.850.230.95-0.5-0.42
-0.720.960.550.90.950.790.920.350.90.980.950.970.830.440.740.670.730.910.850.890.840.170.97-0.49-0.33
-0.270.650.550.490.660.890.710.630.70.620.610.620.770.980.730.210.720.640.380.760.720.440.63-0.61-0.42
-0.840.920.90.490.870.610.760.240.690.940.790.940.640.410.520.450.510.710.830.750.620.030.83-0.23-0.45
-0.650.960.950.660.870.830.930.460.910.950.930.930.890.570.790.560.780.90.730.940.870.250.93-0.46-0.24
-0.330.80.790.890.610.830.920.560.920.820.860.790.940.820.90.590.90.90.640.90.930.430.87-0.76-0.36
-0.440.930.920.710.760.930.920.560.990.930.970.90.970.590.940.710.930.980.780.890.980.330.98-0.69-0.29
0.00.420.350.630.240.460.560.560.590.370.560.330.650.490.690.160.680.570.10.480.640.220.46-0.440.02
-0.40.880.90.70.690.910.920.990.590.890.960.850.980.580.940.70.940.990.720.890.990.390.96-0.72-0.19
-0.70.980.980.620.940.950.820.930.370.890.940.990.840.520.750.640.750.90.880.880.840.160.97-0.51-0.45
-0.540.910.950.610.790.930.860.970.560.960.940.890.910.480.860.740.860.980.780.90.930.170.98-0.58-0.24
-0.720.980.970.620.940.930.790.90.330.850.990.890.810.530.710.570.710.850.860.860.80.180.94-0.51-0.52
-0.290.870.830.770.640.890.940.970.650.980.840.910.810.660.980.620.970.950.640.870.990.430.91-0.73-0.21
-0.230.540.440.980.410.570.820.590.490.580.520.480.530.660.610.110.60.510.30.690.60.450.51-0.55-0.43
-0.120.780.740.730.520.790.90.940.690.940.750.860.710.980.610.671.00.920.620.770.980.390.86-0.74-0.16
-0.160.560.670.210.450.560.590.710.160.70.640.740.570.620.110.670.680.760.790.550.7-0.130.76-0.38-0.1
-0.110.780.730.720.510.780.90.930.680.940.750.860.710.970.61.00.680.920.620.760.980.380.86-0.74-0.16
-0.420.880.910.640.710.90.90.980.570.990.90.980.850.950.510.920.760.920.760.880.980.290.97-0.69-0.2
-0.570.830.850.380.830.730.640.780.10.720.880.780.860.640.30.620.790.620.760.620.68-0.010.87-0.36-0.43
-0.590.850.890.760.750.940.90.890.480.890.880.90.860.870.690.770.550.760.880.620.850.250.88-0.55-0.29
-0.280.850.840.720.620.870.930.980.640.990.840.930.80.990.60.980.70.980.980.680.850.390.93-0.74-0.18
0.010.230.170.440.030.250.430.330.220.390.160.170.180.430.450.39-0.130.380.29-0.010.250.390.22-0.680.14
-0.550.950.970.630.830.930.870.980.460.960.970.980.940.910.510.860.760.860.970.870.880.930.22-0.62-0.34
0.01-0.5-0.49-0.61-0.23-0.46-0.76-0.69-0.44-0.72-0.51-0.58-0.51-0.73-0.55-0.74-0.38-0.74-0.69-0.36-0.55-0.74-0.68-0.620.33
0.33-0.42-0.33-0.42-0.45-0.24-0.36-0.290.02-0.19-0.45-0.24-0.52-0.21-0.43-0.16-0.1-0.16-0.2-0.43-0.29-0.180.14-0.340.33
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Monalisa Group Account Relationship Matchups

Monalisa Group fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab3.8M1.7M14.7M13.3M12.0M8.4M
Net Tangible Assets2.5B2.7B3.2B3.5B4.1B2.4B
Retained Earnings1.3B1.7B1.9B1.4B1.4B1.2B
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 Assets5.2B7.6B11.2B10.2B9.7B7.4B
Other Current Liab398.9M347.8M453.6M1.5B501.3M556.0M
Total Current Liabilities2.1B3.4B4.5B4.2B3.8B3.1B
Total Stockholder Equity2.9B3.5B3.8B3.3B3.5B3.1B
Accounts Payable1.6B1.9B2.5B2.3B1.6B1.7B
Cash1.6B2.1B2.1B1.8B2.1B1.8B
Non Current Assets Total1.4B2.5B4.2B4.6B4.5B2.6B
Non Currrent Assets Other54.7M28.8M21.3M192.1M313.3M329.0M
Long Term Debt140M594.1M2.3B2.3B2.0B1.0B
Net Receivables1.0B815.8M2.7B1.0B852.1M1.2B
Non Current Liabilities Total143.8M595.8M2.5B2.4B2.1B1.1B
Inventory1.1B1.5B2.1B1.8B1.5B1.4B
Other Current Assets52.8M60.2M127.8M48.6M67.5M71.6M
Other Stockholder Equity703.6K681.1K191.9M191.9M220.7M231.7M
Total Liab2.3B4.0B7.0B6.6B5.9B4.2B
Short Long Term Debt18.7M368M180M270.1M405.7M245.5M
Total Current Assets3.8B5.1B7.0B5.6B5.2B4.8B
Non Current Liabilities Other45M100M140M0.010.0090.00855
Intangible Assets195.1M213.5M283.1M305.8M301.9M217.3M
Common Stock Shares Outstanding403.3M406.1M414.9M415.2M415.2M449.3M
Net Invested Capital3.1B4.4B6.3B5.8B5.8B4.8B
Net Working Capital1.7B1.7B2.5B1.4B1.4B1.4B
Capital Stock403.3M406.1M414.9M415.2M415.2M420.1M

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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.