Kaufman Net Income vs Tax Provision Analysis
0F07 Stock | 31.73 0.42 1.31% |
Kaufman Et financial indicator trend analysis is infinitely more than just investigating Kaufman Et Broad recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaufman Et Broad is a good investment. Please check the relationship between Kaufman Et Net Income and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kaufman Et Broad. 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.
Net Income vs Tax Provision
Net Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kaufman Et Broad Net Income account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kaufman Et's Net Income and Tax Provision is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Kaufman Et Broad, assuming nothing else is changed. The correlation between historical values of Kaufman Et's Net Income 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 Net Income of Kaufman Et Broad 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 Net Income i.e., Kaufman Et's Net Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Kaufman Et Broad financial statement analysis. It represents the amount of money remaining after all of Kaufman Et Broad operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Kaufman Et's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaufman Et Broad 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 Kaufman Et Broad. 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 is likely to gain to about 23 M in 2024. Selling General Administrative is likely to gain to about 90.1 M in 2024
2019 | 2020 | 2023 | 2024 (projected) | Interest Income | 5.6M | 12.2M | 14.0M | 7.6M | Tax Provision | 16.2M | 21.7M | 19.6M | 23.0M |
Kaufman Et fundamental ratios Correlations
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Kaufman Et Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Kaufman Et's price analysis, check to measure Kaufman Et's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kaufman Et is operating at the current time. Most of Kaufman Et's value examination focuses on studying past and present price action to predict the probability of Kaufman Et's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaufman Et's price. Additionally, you may evaluate how the addition of Kaufman Et to your portfolios can decrease your overall portfolio volatility.