ALKYLAMINE | | | 1,915 2.45 0.13% |
Alkyl Amines financial indicator trend analysis is way more than just evaluating Alkyl Amines Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkyl Amines Chemicals is a good investment. Please check the relationship between Alkyl Amines Net Income and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkyl Amines Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Income vs Tax Provision
Net Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alkyl Amines Chemicals Net Income account and
Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Alkyl Amines' Net Income and Tax Provision is 0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Alkyl Amines Chemicals, assuming nothing else is changed. The correlation between historical values of Alkyl Amines' Net Income 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 Net Income of Alkyl Amines Chemicals 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 Net Income i.e., Alkyl Amines' Net Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Alkyl Amines Chemicals financial statement analysis. It represents the amount of money remaining after all of Alkyl Amines Chemicals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
Most indicators from Alkyl Amines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkyl Amines Chemicals 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 Alkyl Amines Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Alkyl Amines'
Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Tax Provision is likely to grow to about 592.4
M, while
Issuance Of Capital Stock is likely to drop about 95
K.
Alkyl Amines fundamental ratios Correlations
Click cells to compare fundamentals
Alkyl Amines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alkyl Amines fundamental ratios Accounts
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Other Information on Investing in Alkyl Stock
Balance Sheet is a snapshot of the
financial position of Alkyl Amines Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Alkyl Amines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alkyl Amines 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 Alkyl currently owns. An asset can also be divided into two categories, current and non-current.