Argen Ebitda vs Tax Provision Analysis

0QW0 Stock

601.20 0.65 0.11%

Argen X financial indicator trend analysis is way more than just evaluating Argen X prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argen X is a good investment. Please check the relationship between Argen X Ebitda and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argen X. 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 Argen X Ebitda account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Argen X's Ebitda and Tax Provision is -0.68. 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 Argen X, assuming nothing else is changed. The correlation between historical values of Argen X'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 Argen X 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., Argen X's Ebitda and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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 Argen X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argen X 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 Argen X. 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 is likely to gain to about 532.8 M in 2024, whereas Tax Provision is likely to drop slightly above 2.8 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	846.0M	1.1B	1.5B	1.6B
Cost Of Revenue	510.0M	29.4M	117.8M	131.5M

Total Operating Expenses Cost Of Revenue

Argen X fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Inventory	Intangible Assets	Other Liab	Net Tangible Assets	Property Plant Equipment
Total Assets		0.96	0.98	1.0	1.0	-0.97	-0.98	0.97	0.97	0.98	0.93	0.95	0.99	0.81	0.91	0.89	0.99	0.85	1.0	0.81	0.87	0.93	0.79	0.18	0.9	0.9
Other Current Liab	0.96		0.94	0.96	0.96	-0.9	-0.91	0.89	0.91	0.91	0.91	0.9	0.96	0.78	0.92	0.84	0.95	0.86	0.97	0.78	0.87	0.88	0.69	0.27	0.84	0.85
Total Current Liabilities	0.98	0.94		0.97	0.99	-0.97	-0.95	0.99	0.96	0.97	0.87	0.9	0.99	0.83	0.91	0.84	0.97	0.92	0.98	0.83	0.8	0.86	0.86	0.32	0.9	0.92
Total Stockholder Equity	1.0	0.96	0.97		0.99	-0.96	-0.98	0.96	0.97	0.98	0.94	0.96	0.98	0.79	0.89	0.91	1.0	0.81	1.0	0.79	0.9	0.95	0.77	0.11	0.89	0.88
Property Plant And Equipment Net	1.0	0.96	0.99	0.99		-0.96	-0.97	0.97	0.96	0.98	0.91	0.94	0.99	0.8	0.92	0.89	0.99	0.87	0.99	0.8	0.85	0.92	0.82	0.2	0.91	0.92
Net Debt	-0.97	-0.9	-0.97	-0.96	-0.96		0.93	-0.96	-1.0	-0.95	-0.92	-0.89	-0.97	-0.77	-0.81	-0.78	-0.96	-0.84	-0.97	-0.77	-0.82	-0.87	-0.77	-0.18	-0.85	-0.85
Retained Earnings	-0.98	-0.91	-0.95	-0.98	-0.97	0.93		-0.96	-0.93	-0.99	-0.91	-0.98	-0.96	-0.79	-0.88	-0.95	-0.98	-0.78	-0.97	-0.78	-0.89	-0.96	-0.82	-0.07	-0.93	-0.9
Accounts Payable	0.97	0.89	0.99	0.96	0.97	-0.96	-0.96		0.96	0.98	0.85	0.89	0.98	0.82	0.89	0.84	0.96	0.89	0.97	0.82	0.76	0.85	0.89	0.26	0.91	0.92
Cash	0.97	0.91	0.96	0.97	0.96	-1.0	-0.93	0.96		0.95	0.93	0.89	0.96	0.75	0.81	0.78	0.97	0.83	0.97	0.74	0.84	0.88	0.74	0.16	0.83	0.83
Non Current Assets Total	0.98	0.91	0.97	0.98	0.98	-0.95	-0.99	0.98	0.95		0.9	0.96	0.97	0.78	0.88	0.92	0.98	0.81	0.98	0.77	0.85	0.94	0.85	0.1	0.92	0.91
Non Currrent Assets Other	0.93	0.91	0.87	0.94	0.91	-0.92	-0.91	0.85	0.93	0.9		0.95	0.89	0.6	0.73	0.84	0.96	0.67	0.93	0.59	0.97	0.97	0.55	-0.05	0.75	0.72
Other Assets	0.95	0.9	0.9	0.96	0.94	-0.89	-0.98	0.89	0.89	0.96	0.95		0.91	0.69	0.82	0.97	0.97	0.68	0.94	0.68	0.95	0.99	0.7	-0.07	0.86	0.82
Cash And Short Term Investments	0.99	0.96	0.99	0.98	0.99	-0.97	-0.96	0.98	0.96	0.97	0.89	0.91		0.84	0.93	0.85	0.98	0.9	0.99	0.85	0.81	0.88	0.82	0.27	0.9	0.92
Common Stock Shares Outstanding	0.81	0.78	0.83	0.79	0.8	-0.77	-0.79	0.82	0.75	0.78	0.6	0.69	0.84		0.88	0.71	0.77	0.8	0.81	0.99	0.52	0.62	0.85	0.36	0.88	0.89
Short Term Investments	0.91	0.92	0.91	0.89	0.92	-0.81	-0.88	0.89	0.81	0.88	0.73	0.82	0.93	0.88		0.84	0.87	0.88	0.91	0.89	0.69	0.77	0.84	0.38	0.89	0.92
Other Current Assets	0.89	0.84	0.84	0.91	0.89	-0.78	-0.95	0.84	0.78	0.92	0.84	0.97	0.85	0.71	0.84		0.91	0.63	0.88	0.69	0.88	0.95	0.73	-0.08	0.87	0.82
Other Stockholder Equity	0.99	0.95	0.97	1.0	0.99	-0.96	-0.98	0.96	0.97	0.98	0.96	0.97	0.98	0.77	0.87	0.91		0.81	0.99	0.76	0.91	0.96	0.76	0.1	0.88	0.87
Total Liab	0.85	0.86	0.92	0.81	0.87	-0.84	-0.78	0.89	0.83	0.81	0.67	0.68	0.9	0.8	0.88	0.63	0.81		0.86	0.82	0.58	0.63	0.83	0.66	0.78	0.86
Total Current Assets	1.0	0.97	0.98	1.0	0.99	-0.97	-0.97	0.97	0.97	0.98	0.93	0.94	0.99	0.81	0.91	0.88	0.99	0.86		0.81	0.87	0.92	0.78	0.19	0.89	0.9
Common Stock	0.81	0.78	0.83	0.79	0.8	-0.77	-0.78	0.82	0.74	0.77	0.59	0.68	0.85	0.99	0.89	0.69	0.76	0.82	0.81		0.52	0.61	0.84	0.39	0.87	0.88
Net Receivables	0.87	0.87	0.8	0.9	0.85	-0.82	-0.89	0.76	0.84	0.85	0.97	0.95	0.81	0.52	0.69	0.88	0.91	0.58	0.87	0.52		0.97	0.47	-0.14	0.71	0.66
Inventory	0.93	0.88	0.86	0.95	0.92	-0.87	-0.96	0.85	0.88	0.94	0.97	0.99	0.88	0.62	0.77	0.95	0.96	0.63	0.92	0.61	0.97		0.62	-0.14	0.82	0.77
Intangible Assets	0.79	0.69	0.86	0.77	0.82	-0.77	-0.82	0.89	0.74	0.85	0.55	0.7	0.82	0.85	0.84	0.73	0.76	0.83	0.78	0.84	0.47	0.62		0.36	0.91	0.94
Other Liab	0.18	0.27	0.32	0.11	0.2	-0.18	-0.07	0.26	0.16	0.1	-0.05	-0.07	0.27	0.36	0.38	-0.08	0.1	0.66	0.19	0.39	-0.14	-0.14	0.36		0.16	0.3
Net Tangible Assets	0.9	0.84	0.9	0.89	0.91	-0.85	-0.93	0.91	0.83	0.92	0.75	0.86	0.9	0.88	0.89	0.87	0.88	0.78	0.89	0.87	0.71	0.82	0.91	0.16		0.99
Property Plant Equipment	0.9	0.85	0.92	0.88	0.92	-0.85	-0.9	0.92	0.83	0.91	0.72	0.82	0.92	0.89	0.92	0.82	0.87	0.86	0.9	0.88	0.66	0.77	0.94	0.3	0.99

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Argen X Account Relationship Matchups

Argen X fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.3B	2.9B	3.1B	4.5B	4.8B
Other Current Liab	111.8M	68.7M	84.6M	107.0M	168.5M	176.9M
Total Current Liabilities	179.7M	329.6M	301.2M	302.3M	423.0M	444.1M
Total Stockholder Equity	1.2B	1.7B	2.5B	2.8B	4.1B	4.3B
Property Plant And Equipment Net	9.2M	11.7M	15.8M	16.2M	22.7M	23.8M
Net Debt	(367.1M)	(1.2B)	(1.3B)	(788.3M)	(2.0B)	(1.9B)
Retained Earnings	(383.5M)	(1.1B)	(1.4B)	(2.1B)	(2.4B)	(2.3B)
Accounts Payable	65.6M	206.5M	208.9M	188.7M	245.6M	257.8M
Cash	372.2M	1.2B	1.3B	800.7M	2.0B	2.2B
Non Current Assets Total	67.5M	223.3M	307.3M	360.1M	418.7M	439.7M
Non Currrent Assets Other	10.3M	22.3M	34.4M	49.2M	126.5M	132.8M
Other Assets	9.2M	30.4M	58.5M	120.0M	138.0M	144.8M
Cash And Short Term Investments	1.5B	2.0B	2.3B	2.2B	3.2B	3.3B
Common Stock Shares Outstanding	38.6M	45.4M	51.1M	54.4M	57.2M	31.8M
Short Term Investments	1.1B	782.3M	1.0B	1.4B	1.1B	1.2B
Other Current Assets	16.6M	24.1M	64.5M	180.7M	134.1M	140.8M
Other Stockholder Equity	1.5B	2.7B	3.5B	4.3B	6.4B	6.7B
Total Liab	429.8M	607.4M	316.1M	320.6M	445.0M	467.2M
Total Current Assets	1.5B	2.1B	2.5B	2.8B	4.1B	4.3B
Common Stock	5.2M	5.9M	6.2M	6.6M	7.1M	4.2M
Net Receivables	25.4M	235.2K	32.7M	277.3M	499.3M	524.2M
Liabilities And Stockholders Equity	1.6B	2.3B	2.9B	3.1B	4.5B	4.8B
Accumulated Other Comprehensive Income	53.0M	200.7M	465.4M	607.0M	72.1M	68.5M
Intangible Assets	45.1M	168.0M	171.7M	174.9M	125.2M	75.3M
Other Liab	245.0M	270.7M	6.9M	9.3M	10.7M	10.1M
Net Tangible Assets	1.1B	1.5B	2.4B	2.6B	3.0B	1.6B
Property Plant Equipment	9.2M	11.6M	15.8M	16.2M	18.7M	10.0M

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Argen Ebitda vs Tax Provision Analysis

Ebitda vs Tax Provision

Ebitda vs Tax Provision Correlation Analysis

Correlation Coefficient

Ebitda

Tax Provision

Argen X fundamental ratios Correlations

Argen X Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argen X fundamental ratios Accounts

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.98	Retained Earnings
Other Assets	- 0.98	Retained Earnings
Retained Earnings	- 0.98	Total Stockholder Equity
Retained Earnings	- 0.98	Total Assets