Kellogg Selling And Marketing Expenses vs Income Before Tax Analysis
0R1R Stock | 80.71 0.06 0.07% |
Kellogg financial indicator trend analysis is infinitely more than just investigating Kellogg recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kellogg is a good investment. Please check the relationship between Kellogg Selling And Marketing Expenses and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kellogg 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.
Selling And Marketing Expenses vs Income Before Tax
Selling And Marketing Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kellogg Selling And Marketing Expenses account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kellogg's Selling And Marketing Expenses and Income Before Tax is 0.4. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Kellogg Co, assuming nothing else is changed. The correlation between historical values of Kellogg's Selling And Marketing Expenses and Income Before Tax 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 And Marketing Expenses of Kellogg Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling And Marketing Expenses i.e., Kellogg's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling And Marketing Expenses
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Kellogg income statement and is an important metric when analyzing Kellogg profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Kellogg's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kellogg 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 Kellogg 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 is likely to gain to about 317 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.2 B in 2024.
2022 | 2023 | 2024 (projected) | Total Revenue | 15.3B | 13.1B | 10.7B | Depreciation And Amortization | 404M | 366M | 376.0M |
Kellogg fundamental ratios Correlations
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Kellogg Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Kellogg's price analysis, check to measure Kellogg'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 Kellogg is operating at the current time. Most of Kellogg's value examination focuses on studying past and present price action to predict the probability of Kellogg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kellogg's price. Additionally, you may evaluate how the addition of Kellogg to your portfolios can decrease your overall portfolio volatility.