Suwen Tax Provision vs Ebit Analysis

300982 Stock   16.92  0.40  2.31%   
Suwen Electric financial indicator trend analysis is much more than just breaking down Suwen Electric Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suwen Electric Energy is a good investment. Please check the relationship between Suwen Electric Tax Provision and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suwen Electric Energy. 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 Ebit

Tax Provision vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suwen Electric Energy Tax Provision account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Suwen Electric's Tax Provision and Ebit is 0.55. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of Suwen Electric Energy, assuming nothing else is changed. The correlation between historical values of Suwen Electric's Tax Provision and Ebit 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 Suwen Electric Energy are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., Suwen Electric's Tax Provision and Ebit go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Ebit

Most indicators from Suwen Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suwen Electric Energy 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 Suwen Electric Energy. 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 January 31, 2025, Tax Provision is expected to decline to about 9.7 M. In addition to that, Selling General Administrative is expected to decline to about 61.6 M
 2022 2023 2024 2025 (projected)
Gross Profit628.6M521.7M600.0M424.1M
Total Revenue2.4B2.7B3.1B1.6B

Suwen Electric fundamental ratios Correlations

0.21.01.00.771.00.891.00.790.980.991.00.90.850.870.481.0-0.631.00.911.00.821.00.990.90.99
0.20.250.17-0.050.180.480.190.640.020.120.210.080.050.260.720.25-0.650.170.280.23-0.110.220.140.220.09
1.00.250.990.760.990.911.00.790.970.981.00.890.840.860.491.0-0.680.990.91.00.80.990.980.890.97
1.00.170.990.771.00.880.990.780.990.990.990.90.840.870.480.99-0.591.00.911.00.821.01.00.90.99
0.77-0.050.760.770.760.630.760.430.780.760.780.740.950.740.140.77-0.530.760.630.760.940.760.750.70.76
1.00.180.991.00.760.890.990.790.990.990.990.90.840.870.490.99-0.61.00.911.00.821.01.00.910.99
0.890.480.910.880.630.890.90.850.810.840.90.890.790.860.570.91-0.780.880.90.910.650.90.870.940.84
1.00.191.00.990.760.990.90.770.980.981.00.890.850.840.461.0-0.640.990.921.00.821.00.990.90.98
0.790.640.790.780.430.790.850.770.70.780.760.70.550.810.860.79-0.580.790.80.80.470.810.780.80.76
0.980.020.970.990.780.990.810.980.70.990.970.890.840.840.380.97-0.50.990.860.980.850.980.990.880.99
0.990.120.980.990.760.990.840.980.780.990.970.890.810.880.470.98-0.521.00.870.990.820.991.00.890.99
1.00.211.00.990.780.990.91.00.760.970.970.890.860.850.451.0-0.680.990.91.00.820.990.980.890.97
0.90.080.890.90.740.90.890.890.70.890.890.890.840.920.310.89-0.520.90.820.890.80.890.90.980.89
0.850.050.840.840.950.840.790.850.550.840.810.860.840.790.280.84-0.630.840.810.840.910.840.840.830.84
0.870.260.860.870.740.870.860.840.810.840.880.850.920.790.470.86-0.580.870.760.870.710.870.860.930.85
0.480.720.490.480.140.490.570.460.860.380.470.450.310.280.470.49-0.40.490.630.50.160.510.490.460.47
1.00.251.00.990.770.990.911.00.790.970.981.00.890.840.860.49-0.680.990.91.00.810.990.980.890.97
-0.63-0.65-0.68-0.59-0.53-0.6-0.78-0.64-0.58-0.5-0.52-0.68-0.52-0.63-0.58-0.4-0.68-0.59-0.61-0.65-0.4-0.62-0.54-0.56-0.5
1.00.170.991.00.761.00.880.990.790.991.00.990.90.840.870.490.99-0.590.91.00.821.01.00.90.99
0.910.280.90.910.630.910.90.920.80.860.870.90.820.810.760.630.9-0.610.90.910.680.920.910.880.91
1.00.231.01.00.761.00.911.00.80.980.991.00.890.840.870.51.0-0.651.00.910.811.00.990.90.98
0.82-0.110.80.820.940.820.650.820.470.850.820.820.80.910.710.160.81-0.40.820.680.810.810.820.770.83
1.00.220.991.00.761.00.91.00.810.980.990.990.890.840.870.510.99-0.621.00.921.00.810.990.910.99
0.990.140.981.00.751.00.870.990.780.991.00.980.90.840.860.490.98-0.541.00.910.990.820.990.91.0
0.90.220.890.90.70.910.940.90.80.880.890.890.980.830.930.460.89-0.560.90.880.90.770.910.90.9
0.990.090.970.990.760.990.840.980.760.990.990.970.890.840.850.470.97-0.50.990.910.980.830.991.00.9
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Suwen Electric Account Relationship Matchups

Suwen Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.5B2.4B4.7B4.9B5.6B5.9B
Other Current Liab331.0M199.6M365.4M54.6M62.8M59.6M
Total Current Liabilities783.1M948.2M1.7B1.7B2.0B2.1B
Total Stockholder Equity715.8M1.5B3.0B3.1B3.6B3.8B
Other Liab22.1M20.3M21.0M21.1M24.3M23.0M
Net Tangible Assets467.8M701.6M1.4B3.0B3.4B3.6B
Retained Earnings461.8M692.8M864.8M778.7M895.5M496.9M
Accounts Payable444.0M735.1M1.1B1.2B1.4B1.5B
Cash501.4M559.4M1.9B749.9M862.3M682.5M
Non Current Assets Total120.7M296.7M690.8M856.7M985.2M1.0B
Other Assets12.7M20.3M62.5M259.5M298.4M313.3M
Net Receivables682.8M931.6M1.4B1.6B1.9B2.0B
Non Current Liabilities Total20.3M22.9M21.9M22.1M25.4M23.6M
Inventory52.1M73.7M199.4M187.0M215.0M117.1M
Other Current Assets41.4M60.1M116.0M29.4M33.8M52.8M
Total Liab803.4M971.1M1.7B1.7B2.0B2.1B
Deferred Long Term Liab181.2K11.9K151.1K432.2K389.0K358.6K
Net Invested Capital718.1M1.5B3.2B3.3B3.8B3.9B
Short Long Term Debt1.5M2.4M196.0M148.2M170.4M178.9M
Total Current Assets1.4B2.1B4.1B4.0B4.6B4.8B
Non Current Liabilities Other20.3M20.8M21.1M21.0M24.1M22.7M
Net Working Capital615.3M1.2B2.4B2.3B2.6B2.8B
Intangible Assets14.2M40.3M82.7M81.2M93.4M98.1M
Property Plant Equipment82.7M78.7M186.5M340.0M391.0M410.5M
Property Plant And Equipment Net78.7M186.5M340.0M553.0M635.9M667.7M
Non Currrent Assets Other6.7M45.8M223.3M135.0M155.3M90.8M
Property Plant And Equipment Gross121.4M238.6M340.0M646.3M743.3M780.4M

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Other Information on Investing in Suwen Stock

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