Wintao Tax Provision vs Operating Income Analysis

301139 Stock

25.61 0.36 1.43%

Wintao Communications financial indicator trend analysis is more than just analyzing Wintao Communications current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wintao Communications is a good investment. Please check the relationship between Wintao Communications Tax Provision and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wintao Communications 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 nation.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wintao Communications Tax Provision account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Wintao Communications' Tax Provision and Operating Income is -0.1. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income in the same time period over historical financial statements of Wintao Communications Co, assuming nothing else is changed. The correlation between historical values of Wintao Communications' Tax Provision and Operating 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 Wintao Communications Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Wintao Communications' Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Operating Income

Operating Income is the amount of profit realized from Wintao Communications operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wintao Communications Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Wintao Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wintao Communications 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 Wintao Communications 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 nation.

As of December 11, 2024, Tax Provision is expected to decline to about 377.6 K. In addition to that, Selling General Administrative is expected to decline to about 31.9 M

	2021	2022	2023	2024 (projected)
Interest Expense	9.2M	13.2M	9.2M	11.3M
Interest Income	364.5K	3.6M	8.5M	8.9M

Interest Expense Interest Income

Wintao Communications fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Good Will	Short Term Investments	Capital Lease Obligations
Total Assets		-0.9	0.93	0.98	0.99	0.87	0.96	0.7	-0.96	0.97	0.94	0.6	0.97	0.66	0.94	0.99	0.94	1.0	0.94	0.63	0.98	0.88	0.66	-0.55	0.92	0.6
Other Current Liab	-0.9		-0.95	-0.83	-0.94	-0.92	-0.8	-0.68	0.98	-0.92	-0.78	-0.58	-0.97	-0.64	-0.95	-0.86	-0.97	-0.9	-0.78	-0.54	-0.83	-0.86	-0.64	0.6	-0.96	-0.6
Total Current Liabilities	0.93	-0.95		0.85	0.96	0.99	0.84	0.62	-0.96	0.98	0.77	0.51	0.96	0.56	1.0	0.87	0.99	0.94	0.77	0.72	0.85	0.92	0.56	-0.51	0.94	0.52
Total Stockholder Equity	0.98	-0.83	0.85		0.95	0.78	0.98	0.69	-0.91	0.92	0.97	0.59	0.93	0.66	0.86	1.0	0.87	0.98	0.97	0.55	0.99	0.81	0.65	-0.54	0.86	0.6
Retained Earnings	0.99	-0.94	0.96	0.95		0.91	0.91	0.72	-0.97	0.99	0.91	0.63	0.99	0.68	0.97	0.96	0.98	0.98	0.91	0.68	0.94	0.93	0.68	-0.57	0.95	0.63
Accounts Payable	0.87	-0.92	0.99	0.78	0.91		0.8	0.52	-0.92	0.95	0.67	0.41	0.91	0.46	0.98	0.81	0.96	0.89	0.67	0.72	0.8	0.86	0.46	-0.45	0.89	0.42
Cash	0.96	-0.8	0.84	0.98	0.91	0.8		0.58	-0.88	0.91	0.91	0.47	0.88	0.54	0.84	0.97	0.84	0.97	0.91	0.53	0.99	0.72	0.53	-0.46	0.81	0.47
Non Current Assets Total	0.7	-0.68	0.62	0.69	0.72	0.52	0.58		-0.76	0.69	0.8	0.99	0.68	1.0	0.65	0.7	0.66	0.65	0.8	0.61	0.64	0.75	1.0	-0.95	0.6	0.99
Long Term Debt	-0.96	0.98	-0.96	-0.91	-0.97	-0.92	-0.88	-0.76		-0.97	-0.86	-0.66	-0.97	-0.71	-0.96	-0.92	-0.97	-0.96	-0.86	-0.63	-0.9	-0.88	-0.71	0.67	-0.94	-0.67
Net Receivables	0.97	-0.92	0.98	0.92	0.99	0.95	0.91	0.69	-0.97		0.87	0.59	0.96	0.64	0.98	0.94	0.97	0.98	0.87	0.75	0.92	0.92	0.64	-0.57	0.91	0.59
Common Stock Shares Outstanding	0.94	-0.78	0.77	0.97	0.91	0.67	0.91	0.8	-0.86	0.87		0.72	0.88	0.78	0.8	0.97	0.82	0.92	1.0	0.55	0.95	0.81	0.77	-0.63	0.81	0.73
Non Current Liabilities Total	0.6	-0.58	0.51	0.59	0.63	0.41	0.47	0.99	-0.66	0.59	0.72		0.58	1.0	0.55	0.6	0.56	0.54	0.72	0.6	0.53	0.7	1.0	-0.95	0.5	1.0
Inventory	0.97	-0.97	0.96	0.93	0.99	0.91	0.88	0.68	-0.97	0.96	0.88	0.58		0.64	0.97	0.94	0.98	0.97	0.88	0.58	0.92	0.9	0.63	-0.53	0.99	0.59
Other Current Assets	0.66	-0.64	0.56	0.66	0.68	0.46	0.54	1.0	-0.71	0.64	0.78	1.0	0.64		0.6	0.66	0.61	0.61	0.78	0.59	0.6	0.72	1.0	-0.95	0.55	1.0
Total Liab	0.94	-0.95	1.0	0.86	0.97	0.98	0.84	0.65	-0.96	0.98	0.8	0.55	0.97	0.6		0.89	0.99	0.94	0.8	0.73	0.86	0.94	0.59	-0.53	0.95	0.55
Net Invested Capital	0.99	-0.86	0.87	1.0	0.96	0.81	0.97	0.7	-0.92	0.94	0.97	0.6	0.94	0.66	0.89		0.9	0.98	0.97	0.57	0.99	0.83	0.66	-0.54	0.89	0.6
Short Long Term Debt	0.94	-0.97	0.99	0.87	0.98	0.96	0.84	0.66	-0.97	0.97	0.82	0.56	0.98	0.61	0.99	0.9		0.94	0.82	0.67	0.87	0.93	0.61	-0.53	0.97	0.57
Total Current Assets	1.0	-0.9	0.94	0.98	0.98	0.89	0.97	0.65	-0.96	0.98	0.92	0.54	0.97	0.61	0.94	0.98	0.94		0.92	0.62	0.98	0.85	0.61	-0.52	0.92	0.55
Capital Stock	0.94	-0.78	0.77	0.97	0.91	0.67	0.91	0.8	-0.86	0.87	1.0	0.72	0.88	0.78	0.8	0.97	0.82	0.92		0.55	0.95	0.81	0.77	-0.63	0.81	0.73
Non Current Liabilities Other	0.63	-0.54	0.72	0.55	0.68	0.72	0.53	0.61	-0.63	0.75	0.55	0.6	0.58	0.59	0.73	0.57	0.67	0.62	0.55		0.53	0.82	0.59	-0.56	0.51	0.57
Net Working Capital	0.98	-0.83	0.85	0.99	0.94	0.8	0.99	0.64	-0.9	0.92	0.95	0.53	0.92	0.6	0.86	0.99	0.87	0.98	0.95	0.53		0.77	0.6	-0.5	0.85	0.54
Intangible Assets	0.88	-0.86	0.92	0.81	0.93	0.86	0.72	0.75	-0.88	0.92	0.81	0.7	0.9	0.72	0.94	0.83	0.93	0.85	0.81	0.82	0.77		0.72	-0.59	0.88	0.7
Property Plant And Equipment Net	0.66	-0.64	0.56	0.65	0.68	0.46	0.53	1.0	-0.71	0.64	0.77	1.0	0.63	1.0	0.59	0.66	0.61	0.61	0.77	0.59	0.6	0.72		-0.95	0.55	1.0
Good Will	-0.55	0.6	-0.51	-0.54	-0.57	-0.45	-0.46	-0.95	0.67	-0.57	-0.63	-0.95	-0.53	-0.95	-0.53	-0.54	-0.53	-0.52	-0.63	-0.56	-0.5	-0.59	-0.95		-0.44	-0.95
Short Term Investments	0.92	-0.96	0.94	0.86	0.95	0.89	0.81	0.6	-0.94	0.91	0.81	0.5	0.99	0.55	0.95	0.89	0.97	0.92	0.81	0.51	0.85	0.88	0.55	-0.44		0.52
Capital Lease Obligations	0.6	-0.6	0.52	0.6	0.63	0.42	0.47	0.99	-0.67	0.59	0.73	1.0	0.59	1.0	0.55	0.6	0.57	0.55	0.73	0.57	0.54	0.7	1.0	-0.95	0.52

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Other Information on Investing in Wintao Stock

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

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Wintao Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Wintao Communications fundamental ratios Correlations

Wintao Communications Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Wintao Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Other Current Assets	+ 1.0	Non Current Assets Total
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Short Long Term Debt	- 0.97	Long Term Debt
Inventory	- 0.97	Long Term Debt
Net Receivables	- 0.97	Long Term Debt
Long Term Debt	- 0.97	Retained Earnings
Short Long Term Debt	- 0.97	Other Current Liab
Inventory	- 0.97	Other Current Liab