ROPEOK Tax Provision vs Gross Profit Analysis

688619 Stock

8.96 0.07 0.79%

ROPEOK Technology financial indicator trend analysis is much more than just breaking down ROPEOK Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ROPEOK Technology is a good investment. Please check the relationship between ROPEOK Technology Tax Provision and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ROPEOK Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision vs Gross Profit

Tax Provision vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ROPEOK Technology Tax Provision account and Gross Profit. At this time, the significance of the direction appears to have very week relationship.

The correlation between ROPEOK Technology's Tax Provision and Gross Profit is 0.22. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Gross Profit in the same time period over historical financial statements of ROPEOK Technology Group, assuming nothing else is changed. The correlation between historical values of ROPEOK Technology's Tax Provision and Gross Profit 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 ROPEOK Technology Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Tax Provision i.e., ROPEOK Technology's Tax Provision and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ROPEOK Technology Group minus its cost of goods sold. It is profit before ROPEOK Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from ROPEOK Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ROPEOK Technology 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 ROPEOK Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 45.6 M, whereas Tax Provision is projected to grow to (7.7 M).

	2022	2024	2025 (projected)
Interest Expense	3.8M	14.5M	15.3M
Depreciation And Amortization	33.4M	38.4M	20.0M

Interest Expense Depreciation And Amortization

ROPEOK Technology fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Net Receivables	Net Invested Capital
Total Assets		0.37	0.98	0.99	0.71	-0.17	0.2	0.91	0.82	0.87	0.54	0.87	-0.35	0.91	0.84	0.89	0.57	0.92	0.98	0.98	0.96	0.98	0.79	0.78	0.83	0.96
Other Current Liab	0.37		0.4	0.36	-0.19	-0.46	0.86	0.58	0.38	0.01	0.86	0.43	0.33	0.03	-0.09	0.52	-0.31	0.08	0.37	0.47	0.37	0.35	0.06	0.07	0.61	0.17
Total Current Liabilities	0.98	0.4		0.95	0.69	-0.09	0.21	0.9	0.77	0.87	0.55	0.8	-0.37	0.86	0.85	0.87	0.49	0.88	1.0	0.96	0.9	0.99	0.82	0.82	0.84	0.91
Total Stockholder Equity	0.99	0.36	0.95		0.7	-0.24	0.21	0.9	0.85	0.85	0.54	0.9	-0.33	0.92	0.8	0.89	0.6	0.93	0.95	0.98	0.98	0.95	0.75	0.74	0.82	0.97
Property Plant And Equipment Net	0.71	-0.19	0.69	0.7		0.44	-0.48	0.42	0.32	0.94	-0.04	0.39	-0.68	0.86	0.9	0.71	0.75	0.88	0.71	0.61	0.69	0.72	0.87	0.86	0.49	0.82
Net Debt	-0.17	-0.46	-0.09	-0.24	0.44		-0.76	-0.47	-0.66	0.22	-0.5	-0.62	-0.28	0.04	0.2	-0.02	0.18	-0.03	-0.07	-0.33	-0.23	-0.05	0.43	0.45	-0.3	-0.11
Retained Earnings	0.2	0.86	0.21	0.21	-0.48	-0.76		0.51	0.48	-0.21	0.82	0.47	0.41	-0.16	-0.25	0.18	-0.45	-0.09	0.18	0.34	0.23	0.13	-0.28	-0.28	0.47	0.01
Accounts Payable	0.91	0.58	0.9	0.9	0.42	-0.47	0.51		0.92	0.68	0.73	0.94	-0.27	0.69	0.66	0.79	0.24	0.78	0.89	0.96	0.88	0.87	0.5	0.49	0.89	0.8
Cash	0.82	0.38	0.77	0.85	0.32	-0.66	0.48	0.92		0.57	0.57	0.99	-0.24	0.67	0.59	0.6	0.34	0.73	0.76	0.89	0.82	0.73	0.32	0.31	0.76	0.77
Non Current Assets Total	0.87	0.01	0.87	0.85	0.94	0.22	-0.21	0.68	0.57		0.21	0.63	-0.68	0.91	0.98	0.79	0.63	0.96	0.88	0.8	0.83	0.88	0.86	0.86	0.69	0.91
Non Currrent Assets Other	0.54	0.86	0.55	0.54	-0.04	-0.5	0.82	0.73	0.57	0.21		0.63	0.22	0.2	0.14	0.53	-0.27	0.28	0.52	0.62	0.61	0.52	0.17	0.17	0.62	0.34
Cash And Short Term Investments	0.87	0.43	0.8	0.9	0.39	-0.62	0.47	0.94	0.99	0.63	0.63		-0.24	0.72	0.61	0.69	0.37	0.78	0.8	0.93	0.88	0.78	0.4	0.38	0.8	0.83
Good Will	-0.35	0.33	-0.37	-0.33	-0.68	-0.28	0.41	-0.27	-0.24	-0.68	0.22	-0.24		-0.49	-0.72	-0.3	-0.34	-0.62	-0.38	-0.32	-0.32	-0.35	-0.36	-0.36	-0.43	-0.45
Common Stock Shares Outstanding	0.91	0.03	0.86	0.92	0.86	0.04	-0.16	0.69	0.67	0.91	0.2	0.72	-0.49		0.88	0.81	0.83	0.94	0.87	0.85	0.88	0.89	0.86	0.85	0.64	0.98
Non Current Liabilities Total	0.84	-0.09	0.85	0.8	0.9	0.2	-0.25	0.66	0.59	0.98	0.14	0.61	-0.72	0.88		0.68	0.61	0.93	0.86	0.77	0.78	0.85	0.81	0.81	0.65	0.87
Inventory	0.89	0.52	0.87	0.89	0.71	-0.02	0.18	0.79	0.6	0.79	0.53	0.69	-0.3	0.81	0.68		0.51	0.83	0.87	0.88	0.87	0.88	0.79	0.78	0.83	0.86
Other Current Assets	0.57	-0.31	0.49	0.6	0.75	0.18	-0.45	0.24	0.34	0.63	-0.27	0.37	-0.34	0.83	0.61	0.51		0.68	0.51	0.48	0.53	0.52	0.69	0.67	0.28	0.74
Other Stockholder Equity	0.92	0.08	0.88	0.93	0.88	-0.03	-0.09	0.78	0.73	0.96	0.28	0.78	-0.62	0.94	0.93	0.83	0.68		0.88	0.89	0.91	0.88	0.77	0.76	0.75	0.97
Total Liab	0.98	0.37	1.0	0.95	0.71	-0.07	0.18	0.89	0.76	0.88	0.52	0.8	-0.38	0.87	0.86	0.87	0.51	0.88		0.95	0.9	0.99	0.83	0.83	0.82	0.91
Total Current Assets	0.98	0.47	0.96	0.98	0.61	-0.33	0.34	0.96	0.89	0.8	0.62	0.93	-0.32	0.85	0.77	0.88	0.48	0.89	0.95		0.95	0.94	0.67	0.67	0.88	0.93
Intangible Assets	0.96	0.37	0.9	0.98	0.69	-0.23	0.23	0.88	0.82	0.83	0.61	0.88	-0.32	0.88	0.78	0.87	0.53	0.91	0.9	0.95		0.91	0.71	0.69	0.79	0.94
Common Stock	0.98	0.35	0.99	0.95	0.72	-0.05	0.13	0.87	0.73	0.88	0.52	0.78	-0.35	0.89	0.85	0.88	0.52	0.88	0.99	0.94	0.91		0.85	0.85	0.77	0.92
Short Long Term Debt Total	0.79	0.06	0.82	0.75	0.87	0.43	-0.28	0.5	0.32	0.86	0.17	0.4	-0.36	0.86	0.81	0.79	0.69	0.77	0.83	0.67	0.71	0.85		1.0	0.5	0.8
Short Term Debt	0.78	0.07	0.82	0.74	0.86	0.45	-0.28	0.49	0.31	0.86	0.17	0.38	-0.36	0.85	0.81	0.78	0.67	0.76	0.83	0.67	0.69	0.85	1.0		0.5	0.78
Net Receivables	0.83	0.61	0.84	0.82	0.49	-0.3	0.47	0.89	0.76	0.69	0.62	0.8	-0.43	0.64	0.65	0.83	0.28	0.75	0.82	0.88	0.79	0.77	0.5	0.5		0.76
Net Invested Capital	0.96	0.17	0.91	0.97	0.82	-0.11	0.01	0.8	0.77	0.91	0.34	0.83	-0.45	0.98	0.87	0.86	0.74	0.97	0.91	0.93	0.94	0.92	0.8	0.78	0.76

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ROPEOK Technology Account Relationship Matchups

ROPEOK Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.3B	2.3B	2.0B	1.9B	2.2B	1.5B
Other Current Liab	184.1M	157.3M	142.8M	14.0M	16.1M	15.3M
Total Current Liabilities	605.1M	742.2M	651.9M	692.5M	796.3M	540.6M
Total Stockholder Equity	626.6M	1.5B	1.3B	1.1B	1.3B	872.3M
Property Plant And Equipment Net	17.5M	25.4M	285.4M	270.3M	310.8M	326.4M
Net Debt	(32.9M)	(709.3M)	69.5M	77.1M	69.4M	72.9M
Retained Earnings	234.6M	298.3M	87.5M	(28.8M)	(26.0M)	(24.7M)
Accounts Payable	273.5M	513.0M	274.9M	235.3M	270.6M	264.6M
Cash	180.4M	786.3M	184.0M	298.9M	343.7M	279.5M
Non Current Assets Total	263.5M	393.4M	627.6M	692.1M	796.0M	835.8M
Non Currrent Assets Other	226.0M	327.5M	266.8M	19.4M	22.4M	21.2M
Cash And Short Term Investments	145.6M	180.4M	786.3M	302.4M	347.7M	293.0M
Liabilities And Stockholders Equity	948.1M	1.3B	2.3B	2.0B	2.3B	1.4B
Non Current Liabilities Total	23.6M	40.0M	43.6M	74.6M	85.8M	90.1M
Inventory	101.6M	112.0M	151.4M	98.0M	112.7M	98.8M
Other Current Assets	153.3M	216.7M	256.4M	301.6M	346.8M	220.1M
Other Stockholder Equity	235.4M	251.5M	1.0B	1.0B	1.2B	1.2B
Total Liab	628.8M	782.2M	695.5M	767.1M	882.2M	576.9M
Total Current Assets	1.0B	1.9B	1.4B	1.2B	1.4B	1.1B
Intangible Assets	3.5M	9.5M	9.2M	6.4M	7.4M	5.9M
Short Long Term Debt Total	125.0M	147.6M	77.1M	253.5M	291.5M	147.6M
Short Term Debt	125.0M	147.6M	71.9M	234.3M	269.4M	142.2M
Net Receivables	544.6M	566.8M	494.1M	405.3M	466.1M	519.4M
Net Invested Capital	774.1M	1.6B	1.5B	1.5B	1.7B	1.3B
Short Long Term Debt	147.6M	71.9M	234.3M	335.3M	385.6M	201.1M
Non Current Liabilities Other	23.4M	34.4M	22.9M	29.6M	34.1M	30.3M
Net Working Capital	397.5M	1.2B	721.2M	520.7M	598.8M	677.7M

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Other Information on Investing in ROPEOK Stock

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

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ROPEOK Tax Provision vs Gross Profit Analysis

Tax Provision vs Gross Profit

Tax Provision vs Gross Profit Correlation Analysis

Correlation Coefficient

Tax Provision

Gross Profit

ROPEOK Technology fundamental ratios Correlations

ROPEOK Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ROPEOK Technology fundamental ratios Accounts

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Other Information on Investing in ROPEOK Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.99	Total Liab

Retained Earnings	- 0.76	Net Debt
Non Current Liabilities Total	- 0.72	Good Will
Good Will	- 0.68	Non Current Assets Total
Good Will	- 0.68	Property Plant And Equipment Net
Cash	- 0.66	Net Debt
Other Stockholder Equity	- 0.62	Good Will