Inner Income Tax Expense vs Tax Provision Analysis

300049 Stock   37.28  0.29  0.78%   
Inner Mongolia financial indicator trend analysis is infinitely more than just investigating Inner Mongolia Furui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inner Mongolia Furui is a good investment. Please check the relationship between Inner Mongolia Income Tax Expense and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Inner Mongolia Furui. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Income Tax Expense vs Tax Provision

Income Tax Expense vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inner Mongolia Furui Income Tax Expense account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Inner Mongolia's Income Tax Expense and Tax Provision is 0.8. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Inner Mongolia Furui, assuming nothing else is changed. The correlation between historical values of Inner Mongolia's Income Tax Expense 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 Income Tax Expense of Inner Mongolia Furui 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 Income Tax Expense i.e., Inner Mongolia's Income Tax Expense and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Income Tax Expense

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 Inner Mongolia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inner Mongolia Furui 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 Inner Mongolia Furui. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 27, 2024, Selling General Administrative is expected to decline to about 40.9 M. In addition to that, Tax Provision is expected to decline to about 37.3 M
 2021 2022 2023 2024 (projected)
Interest Expense2.3M1.6M895.9K851.1K
Depreciation And Amortization67.1M72.4M80.9M84.9M

Inner Mongolia fundamental ratios Correlations

0.340.20.810.990.840.910.72-0.540.790.50.580.960.77-0.230.370.710.910.580.830.830.550.020.940.93-0.13
0.340.050.50.340.230.410.13-0.130.130.290.250.350.02-0.130.110.290.110.090.280.480.110.250.370.280.53
0.20.050.270.28-0.04-0.15-0.03-0.48-0.130.130.480.050.10.35-0.030.370.140.36-0.1-0.070.570.44-0.010.370.39
0.810.50.270.810.640.780.67-0.510.580.790.580.740.720.160.160.660.750.360.630.680.330.00.820.80.15
0.990.340.280.810.80.880.7-0.590.770.490.630.930.72-0.20.370.750.910.620.790.80.560.070.90.96-0.09
0.840.23-0.040.640.80.850.88-0.260.940.450.220.890.74-0.310.590.370.850.470.990.810.36-0.390.890.67-0.46
0.910.41-0.150.780.880.850.75-0.280.840.560.340.940.75-0.310.460.520.890.430.880.890.22-0.170.970.76-0.25
0.720.13-0.030.670.70.880.75-0.440.930.440.360.690.73-0.150.430.510.750.40.870.620.13-0.590.750.66-0.54
-0.54-0.13-0.48-0.51-0.59-0.26-0.28-0.44-0.33-0.14-0.98-0.28-0.3-0.180.19-0.94-0.32-0.44-0.21-0.11-0.52-0.13-0.27-0.79-0.14
0.790.13-0.130.580.770.940.840.93-0.330.380.270.810.7-0.360.60.440.830.470.950.730.18-0.50.820.67-0.6
0.50.290.130.790.490.450.560.44-0.140.380.190.510.640.320.320.280.570.340.450.430.05-0.080.620.430.02
0.580.250.480.580.630.220.340.36-0.980.270.190.330.30.16-0.230.960.340.420.190.170.530.260.320.820.27
0.960.350.050.740.930.890.940.69-0.280.810.510.330.78-0.320.50.490.920.520.90.90.46-0.050.980.79-0.21
0.770.020.10.720.720.740.750.73-0.30.70.640.30.78-0.050.280.470.80.420.740.550.2-0.210.820.66-0.4
-0.23-0.130.350.16-0.2-0.31-0.31-0.15-0.18-0.360.320.16-0.32-0.05-0.360.02-0.190.04-0.35-0.41-0.030.18-0.25-0.10.35
0.370.11-0.030.160.370.590.460.430.190.60.32-0.230.50.28-0.36-0.090.520.580.610.44-0.01-0.420.460.17-0.52
0.710.290.370.660.750.370.520.51-0.940.440.280.960.490.470.02-0.090.490.490.350.330.440.170.490.90.12
0.910.110.140.750.910.850.890.75-0.320.830.570.340.920.8-0.190.520.490.540.840.830.37-0.160.930.8-0.35
0.580.090.360.360.620.470.430.4-0.440.470.340.420.520.420.040.580.490.540.470.270.410.010.460.58-0.24
0.830.28-0.10.630.790.990.880.87-0.210.950.450.190.90.74-0.350.610.350.840.470.830.29-0.390.90.65-0.47
0.830.48-0.070.680.80.810.890.62-0.110.730.430.170.90.55-0.410.440.330.830.270.830.35-0.060.90.65-0.1
0.550.110.570.330.560.360.220.13-0.520.180.050.530.460.2-0.03-0.010.440.370.410.290.350.420.340.60.3
0.020.250.440.00.07-0.39-0.17-0.59-0.13-0.5-0.080.26-0.05-0.210.18-0.420.17-0.160.01-0.39-0.060.42-0.130.110.75
0.940.37-0.010.820.90.890.970.75-0.270.820.620.320.980.82-0.250.460.490.930.460.90.90.34-0.130.78-0.22
0.930.280.370.80.960.670.760.66-0.790.670.430.820.790.66-0.10.170.90.80.580.650.650.60.110.78-0.02
-0.130.530.390.15-0.09-0.46-0.25-0.54-0.14-0.60.020.27-0.21-0.40.35-0.520.12-0.35-0.24-0.47-0.10.30.75-0.22-0.02
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Inner Mongolia Account Relationship Matchups

Inner Mongolia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.5B2.5B2.6B1.7B
Short Long Term Debt Total117.4M127.4M108.4M55.7M59.3M84.4M
Other Current Liab5.9M1.7M5.6M4.4M5.4M6.2M
Total Current Liabilities239.7M232.2M273.3M236.8M298.4M210.0M
Total Stockholder Equity1.3B1.4B1.5B1.5B1.5B1.0B
Other Liab390.3M387.7M391.6M418.3M481.0M505.1M
Property Plant And Equipment Net340.1M387.3M387.4M385.9M403.2M222.4M
Current Deferred Revenue119.3M106.2M152.3M146.1M198.4M208.4M
Net Debt(181.7M)(340.5M)(364.4M)(423.5M)(450.2M)(472.8M)
Retained Earnings425.8M485.7M578.4M664.5M663.4M696.5M
Accounts Payable65.8M52.0M61.1M72.4M80.1M51.1M
Cash299.1M467.9M472.7M479.2M509.6M413.7M
Non Current Assets Total1.3B1.3B1.4B1.3B1.4B819.4M
Non Currrent Assets Other185.1M92.4M203.3M206.9M234.7M125.9M
Other Assets188.3M1.0101.0M115.4M132.7M132.2M
Cash And Short Term Investments435.2M515.9M618.5M615.4M603.7M447.9M
Net Receivables355.6M309.9M394.9M489.8M512.9M282.1M
Common Stock Shares Outstanding256.3M256.3M259.7M263.1M263.1M258.1M
Liabilities And Stockholders Equity2.3B2.3B2.5B2.5B2.6B1.7B
Non Current Liabilities Total458.9M442.8M445.7M460.1M501.7M526.8M
Inventory115.7M104.7M100.5M97.4M100.4M69.3M
Other Current Assets35.7M45.0M29.1M27.8M37.8M46.8M
Other Stockholder Equity333.8M326.5M362.4M362.6M(931.2M)(884.7M)
Total Liab698.7M675.0M719.0M696.9M800.1M449.1M
Total Current Assets942.1M975.4M1.1B1.2B1.3B846.1M
Short Term Debt48.7M72.3M54.2M13.8M14.4M13.7M
Intangible Assets438.4M431.9M416.8M418.0M442.0M464.1M
Property Plant Equipment340.1M387.3M387.4M385.9M443.8M465.9M
Short Term Investments136.1M48M145.8M136.2M94.1M98.8M
Net Tangible Assets744.5M784.3M966.9M991.5M892.4M743.4M
Deferred Long Term Liab571.2K1.3M14.9M13.9M15.9M16.7M
Non Current Liabilities Other36.1K11.2K1.3M73.8K84.9K80.7K
Net Invested Capital1.4B1.4B1.6B1.5B1.5B1.6B
Net Working Capital702.4M743.2M869.7M993.6M956.5M931.3M

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Other Information on Investing in Inner Stock

Balance Sheet is a snapshot of the financial position of Inner Mongolia Furui at a specified time, usually calculated after every quarter, six months, or one year. Inner Mongolia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Inner Mongolia 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 Inner currently owns. An asset can also be divided into two categories, current and non-current.