Autek Tax Provision vs Net Interest Income Analysis

300595 Stock   20.01  1.14  6.04%   
Autek China financial indicator trend analysis is way more than just evaluating Autek China prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autek China is a good investment. Please check the relationship between Autek China Tax Provision and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autek China. 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.

Tax Provision vs Net Interest Income

Tax Provision vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autek China Tax Provision account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Autek China's Tax Provision and Net Interest Income is 0.29. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Autek China, assuming nothing else is changed. The correlation between historical values of Autek China's Tax Provision and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Autek China are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Tax Provision i.e., Autek China's Tax Provision and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Autek China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autek China 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 Autek China. 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 December 3, 2024, Tax Provision is expected to decline to about 62.5 M. In addition to that, Selling General Administrative is expected to decline to about 215.8 M
 2021 2022 2023 2024 (projected)
Gross Profit993.1M1.2B1.3B746.0M
Total Revenue1.3B1.5B1.7B973.5M

Autek China fundamental ratios Correlations

0.270.970.921.00.850.910.880.970.99-0.540.820.910.960.910.710.980.930.920.890.960.970.980.830.920.92
0.270.140.430.240.60.420.290.130.18-0.650.530.510.140.43-0.250.140.40.45-0.130.390.320.13-0.150.330.37
0.970.140.850.980.810.870.850.940.99-0.550.780.870.960.880.821.00.920.850.950.950.960.990.840.850.83
0.920.430.850.910.930.970.940.870.89-0.530.890.970.860.970.540.870.881.00.730.90.890.860.590.990.99
1.00.240.980.910.850.910.880.971.0-0.520.820.910.970.910.720.990.940.910.910.970.980.990.830.920.9
0.850.60.810.930.850.970.910.750.82-0.710.960.990.760.970.470.80.910.930.630.920.860.810.430.880.86
0.910.420.870.970.910.970.980.850.89-0.540.960.990.850.990.550.870.930.970.740.940.90.890.540.950.93
0.880.290.850.940.880.910.980.830.87-0.440.930.950.810.970.60.850.910.930.740.90.850.870.540.930.91
0.970.130.940.870.970.750.850.830.98-0.340.730.830.990.860.690.970.870.860.930.910.960.970.840.910.89
0.990.180.990.891.00.820.890.870.98-0.480.80.890.980.90.751.00.930.880.940.960.981.00.830.90.88
-0.54-0.65-0.55-0.53-0.52-0.71-0.54-0.44-0.34-0.48-0.59-0.63-0.39-0.57-0.41-0.5-0.57-0.56-0.33-0.6-0.53-0.47-0.31-0.42-0.42
0.820.530.780.890.820.960.960.930.730.8-0.590.960.710.930.40.770.940.890.60.910.820.80.440.850.84
0.910.510.870.970.910.990.990.950.830.89-0.630.960.830.990.540.870.940.970.710.950.910.870.540.930.92
0.960.140.960.860.970.760.850.810.990.98-0.390.710.830.860.720.980.860.850.940.910.970.970.830.890.87
0.910.430.880.970.910.970.990.970.860.9-0.570.930.990.860.580.880.920.970.750.940.920.890.540.950.93
0.71-0.250.820.540.720.470.550.60.690.75-0.410.40.540.720.580.790.590.530.860.630.680.780.780.540.51
0.980.141.00.870.990.80.870.850.971.0-0.50.770.870.980.880.790.910.860.960.950.970.990.850.870.85
0.930.40.920.880.940.910.930.910.870.93-0.570.940.940.860.920.590.910.880.790.990.930.930.680.860.85
0.920.450.851.00.910.930.970.930.860.88-0.560.890.970.850.970.530.860.880.710.90.890.860.590.980.98
0.89-0.130.950.730.910.630.740.740.930.94-0.330.60.710.940.750.860.960.790.710.830.890.950.870.760.72
0.960.390.950.90.970.920.940.90.910.96-0.60.910.950.910.940.630.950.990.90.830.970.960.710.880.87
0.970.320.960.890.980.860.90.850.960.98-0.530.820.910.970.920.680.970.930.890.890.970.970.760.890.87
0.980.130.990.860.990.810.890.870.971.0-0.470.80.870.970.890.780.990.930.860.950.960.970.840.870.85
0.83-0.150.840.590.830.430.540.540.840.83-0.310.440.540.830.540.780.850.680.590.870.710.760.840.620.63
0.920.330.850.990.920.880.950.930.910.9-0.420.850.930.890.950.540.870.860.980.760.880.890.870.621.0
0.920.370.830.990.90.860.930.910.890.88-0.420.840.920.870.930.510.850.850.980.720.870.870.850.631.0
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Autek China Account Relationship Matchups

Autek China fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.2B3.0B5.1B5.5B5.8B
Other Current Liab94.4M102.3M157.4M162.9M3.4M3.2M
Total Current Liabilities157.9M209.8M303.3M346.2M584.1M613.3M
Total Stockholder Equity1.3B1.8B2.2B4.2B4.4B2.2B
Other Liab10.2M11.9M18.0M25.7M29.6M31.1M
Net Tangible Assets970.9M1.2B1.6B1.9B2.2B1.2B
Retained Earnings735.2M1.1B1.3B1.6B2.1B1.1B
Accounts Payable24.9M44.2M37.4M49.0M72.0M36.7M
Cash218.2M326.3M655.7M953.0M1.1B1.1B
Non Current Assets Total373.3M562.2M1.1B1.3B1.8B1.9B
Non Currrent Assets Other6.0M27.4M22.9M29.9M36.3M21.2M
Other Assets60.0M109.3M92.6M99.1M114.0M61.9M
Net Receivables111.0M143.0M180.8M210.9M241.7M143.8M
Non Current Liabilities Total10.2M11.9M133.1M176.8M223.8M234.9M
Inventory53.5M72.4M106.0M123.6M160.0M82.0M
Other Current Assets23.4M52.8M37.0M54.0M1.1B1.2B
Total Liab168.2M221.7M436.4M523.0M807.9M848.2M
Deferred Long Term Liab10.7M19.7M50.2M50.7M58.3M61.2M
Total Current Assets1.2B1.7B1.9B3.8B3.7B2.0B
Intangible Assets8.0M8.5M23.8M21.7M54.9M57.7M
Common Stock224.4M404.6M607.8M850.5M978.1M1.0B
Property Plant Equipment136.3M144.4M177.1M413.2M475.1M498.9M
Good Will84.5M172.0M254.1M309.5M499.2M524.1M
Common Stock Shares Outstanding860.4M860.8M850.5M894.8M897.1M955.2M
Net Invested Capital1.3B1.8B2.2B4.2B4.4B2.5B
Net Working Capital1.1B1.4B1.6B3.4B3.1B1.9B
Capital Stock404.6M607.8M850.5M894.8M897.1M711.2M

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Other Information on Investing in Autek Stock

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