0QFP Stock | | | 5,040 0.00 0.00% |
Gedeon Richter financial indicator trend analysis is much more than just examining Gedeon Richter PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gedeon Richter PLC is a good investment. Please check the relationship between Gedeon Richter Selling General Administrative and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Gedeon Richter PLC. 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.
Selling General Administrative vs Tax Provision
Selling General Administrative vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gedeon Richter PLC Selling General Administrative account and
Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gedeon Richter's Selling General Administrative and Tax Provision is 0.58. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Gedeon Richter PLC, assuming nothing else is changed. The correlation between historical values of Gedeon Richter's Selling General Administrative 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 Selling General Administrative of Gedeon Richter PLC 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 Selling General Administrative i.e., Gedeon Richter's Selling General Administrative and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
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 Gedeon Richter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gedeon Richter PLC 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 Gedeon Richter PLC. 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 drop to about 5.4
B in 2024. Selling General Administrative is likely to drop to about 150.7
B in 2024
| 2019 | 2020 | 2023 | 2024 (projected) |
Interest Income | 11.1B | 3.3B | 3.0B | 2.8B | Tax Provision | 2.4B | 9.1B | 10.5B | 5.4B |
Gedeon Richter fundamental ratios Correlations
Click cells to compare fundamentals
Gedeon Richter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gedeon Richter fundamental ratios Accounts
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measure Gedeon Richter'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 Gedeon Richter is operating at the current time. Most of Gedeon Richter's value examination focuses on studying past and present price action to
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