Azul Tax Provision vs Net Income From Continuing Ops Analysis

AZUL Stock  USD 2.52  0.05  1.95%   
Azul SA financial indicator trend analysis is way more than just evaluating Azul SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azul SA is a good investment. Please check the relationship between Azul SA Tax Provision and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azul SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Azul Stock please use our How to buy in Azul Stock guide.

Tax Provision vs Net Income From Continuing Ops

Tax Provision vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azul SA Tax Provision account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Azul SA's Tax Provision and Net Income From Continuing Ops is 0.66. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Azul SA, assuming nothing else is changed. The correlation between historical values of Azul SA's Tax Provision and Net Income From Continuing Ops 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 Azul SA are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Tax Provision i.e., Azul SA's Tax Provision and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Net Income From Continuing Ops

Most indicators from Azul SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azul SA 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 Azul SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Azul Stock please use our How to buy in Azul Stock guide.At this time, Azul SA's Tax Provision is quite stable compared to the past year. Enterprise Value is expected to rise to about 44.2 B this year, although the value of Selling General Administrative will most likely fall to about 277.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.6B4.6B5.4B5.6B
Depreciation And Amortization1.5B2.1B2.4B2.5B

Azul SA fundamental ratios Correlations

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0.830.980.87-0.960.940.970.98-0.980.840.460.820.830.540.690.670.830.490.980.990.970.990.940.810.980.89
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0.590.740.550.83-0.730.790.870.76-0.740.65-0.060.620.050.660.470.540.620.720.850.790.760.790.490.820.7
0.730.630.710.54-0.50.510.490.55-0.560.650.910.660.050.50.760.640.170.620.490.470.590.510.850.450.63
0.860.690.70.69-0.50.70.660.63-0.580.840.420.860.660.50.840.660.30.630.640.640.650.690.820.630.82
0.90.720.740.67-0.540.680.660.64-0.640.820.60.880.470.760.840.740.340.680.640.610.680.680.910.590.85
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0.290.410.140.49-0.370.490.650.41-0.410.28-0.180.290.620.170.30.340.080.420.570.380.450.50.260.410.34
0.840.990.870.98-0.960.950.950.99-0.980.80.560.830.720.620.630.680.880.420.960.931.00.950.830.960.88
0.780.970.810.99-0.950.930.990.97-0.970.770.380.770.850.490.640.640.770.570.960.950.980.930.760.970.87
0.750.930.890.97-0.960.850.910.95-0.970.790.450.730.790.470.640.610.80.380.930.950.950.850.770.980.87
0.840.990.870.99-0.970.960.961.0-0.990.820.530.830.760.590.650.680.870.451.00.980.950.960.830.970.89
0.860.940.770.94-0.871.00.950.96-0.90.790.420.870.790.510.690.680.830.50.950.930.850.960.770.920.85
0.960.850.920.81-0.730.780.750.8-0.80.910.760.920.490.850.820.910.870.260.830.760.770.830.770.760.92
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0.950.90.930.89-0.830.860.850.88-0.870.920.520.940.70.630.820.850.890.340.880.870.870.890.850.920.87
Click cells to compare fundamentals

Azul SA Account Relationship Matchups

Azul SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.2B15.8B18.5B18.7B20.5B11.9B
Short Long Term Debt Total15.6B19.9B24.9B24.0B26.3B27.7B
Other Current Liab1.1B2.1B2.4B2.3B2.0B1.1B
Total Current Liabilities6.9B10.2B11.7B15.1B14.7B15.5B
Total Stockholder Equity(3.5B)(14.1B)(18.3B)(19.0B)(21.3B)(20.3B)
Property Plant And Equipment Net9.6B6.4B8.0B9.5B11.0B11.6B
Current Deferred Revenue2.1B2.5B3.1B4.1B5.2B5.5B
Net Debt14.0B16.8B21.8B23.3B24.4B25.7B
Retained Earnings(7.5B)(18.4B)(22.6B)(23.3B)(25.7B)(24.4B)
Accounts Payable1.6B2.4B1.5B2.5B2.3B1.3B
Cash1.6B3.1B3.1B668.3M540.3M1.1B
Non Current Assets Total15.1B10.4B12.7B13.8B15.5B8.7B
Non Currrent Assets Other497.6M149.4M126.1M2.2B1.7B1.7B
Cash And Short Term Investments1.7B3.2B3.1B668.3M1.9B1.4B
Net Receivables1.4B998.8M1.1B1.9B1.1B959.7M
Common Stock Total Equity2.2B2.2B2.2B2.3B2.6B1.3B
Common Stock Shares Outstanding341.0M342.2M345.7M347.7M347.5M213.2M
Short Term Investments62M91.8M1.4M355.6M1.4B1.4B
Liabilities And Stockholders Equity19.2B15.8B18.5B18.7B20.5B11.9B
Non Current Liabilities Total15.9B19.7B25.2B22.7B27.1B28.5B
Inventory260.9M402.6M571.9M721.7M799.2M839.2M
Other Current Assets169.6M725.7M1.0B1.4B1.0B1.1B
Total Liab22.7B29.9B36.9B37.7B41.9B44.0B
Property Plant And Equipment Gross9.6B6.4B8.0B9.5B11.3B11.9B
Total Current Assets4.1B5.4B5.8B4.9B5.0B3.2B
Accumulated Other Comprehensive Income1.8B1.9B2.0B2.0B2.0B1.3B
Short Term Debt2.1B3.1B4.5B5.9B5.1B5.4B
Intangible Assets334.0M359.3M456.6M525.1M561.8M292.5M
Common Stock2.2B2.3B2.3B2.3B2.3B1.6B
Other Liab2.3B3.0B4.6B4.4B5.1B5.4B
Net Tangible Assets(4.6B)(15.3B)(19.7B)(20.4B)(18.4B)(17.5B)
Other Assets4.1B4.3B100K2.3B1.00.95
Long Term Debt3.0B6.5B9.0B7.5B9.8B5.1B
Other Stockholder Equity(15.6M)(33.8M)4.2B4.3B(8.3M)(7.8M)
Short Long Term Debt481.2M858.3M1.0B1.9B1.4B1.1B
Property Plant Equipment9.5B6.3B7.9B9.4B10.8B6.2B
Capital Lease Obligations12.1B12.5B14.9B14.6B15.1B7.6B
Long Term Investments1.4B854.5M906.7M733M780.3M842.4M

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When determining whether Azul SA is a strong investment it is important to analyze Azul SA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Azul SA's future performance. For an informed investment choice regarding Azul Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azul SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Azul Stock please use our How to buy in Azul Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Azul SA. If investors know Azul will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Azul SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(8.82)
Revenue Per Share
161.325
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0685
The market value of Azul SA is measured differently than its book value, which is the value of Azul that is recorded on the company's balance sheet. Investors also form their own opinion of Azul SA's value that differs from its market value or its book value, called intrinsic value, which is Azul SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Azul SA's market value can be influenced by many factors that don't directly affect Azul SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Azul SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azul SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azul SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.