603636 Stock | | | 11.29 0.32 2.92% |
Linewell Software financial indicator trend analysis is infinitely more than just investigating Linewell Software recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linewell Software is a good investment. Please check the relationship between Linewell Software Selling General Administrative and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Linewell Software 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Linewell Software Selling General Administrative account and
Tax Provision. At this time, the significance of the direction appears to have very week relationship.
The correlation between Linewell Software's Selling General Administrative and Tax Provision is 0.24. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Linewell Software Co, assuming nothing else is changed. The correlation between historical values of Linewell Software's Selling General Administrative 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 Selling General Administrative of Linewell Software Co 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 Selling General Administrative i.e., Linewell Software's Selling General Administrative and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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 Linewell Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linewell Software 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 Linewell Software 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 November 26, 2024, Selling General Administrative is expected to decline to about 126.5
M. The current year's Tax Provision is expected to grow to about (4.3
M)
Balance Sheet is a snapshot of the
financial position of Linewell Software at a specified time, usually calculated after every quarter, six months, or one year. Linewell Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Linewell Software 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 Linewell currently owns. An asset can also be divided into two categories, current and non-current.