BANX Stock | | | USD 20.84 0.04 0.19% |
Arrowmark Financial financial indicator trend analysis is way more than just evaluating Arrowmark Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrowmark Financial Corp is a good investment. Please check the relationship between Arrowmark Financial Gross Profit and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrowmark Financial Corp. 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.
Gross Profit vs Income Tax Expense
Gross Profit vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Arrowmark Financial Corp Gross Profit account and
Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Arrowmark Financial's Gross Profit and Income Tax Expense is 0.6. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Arrowmark Financial Corp, assuming nothing else is changed. The correlation between historical values of Arrowmark Financial's Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Arrowmark Financial Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Arrowmark Financial's Gross Profit and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Arrowmark Financial Corp minus its cost of goods sold. It is profit before Arrowmark Financial 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.
Income Tax Expense
Most indicators from Arrowmark Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrowmark Financial Corp 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 Arrowmark Financial Corp. 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.
Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.4
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 14.4M | 7.9M | 19.5M | 12.9M | Total Revenue | 14.4M | 7.9M | 23.7M | 13.3M |
Arrowmark Financial fundamental ratios Correlations
Click cells to compare fundamentals
Arrowmark Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arrowmark Financial fundamental ratios Accounts
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Additional Tools for Arrowmark Stock Analysis
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measure Arrowmark Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrowmark Financial is operating at the current time. Most of Arrowmark Financial's value examination focuses on studying past and present price action to
predict the probability of Arrowmark Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrowmark Financial's price. Additionally, you may evaluate how the addition of Arrowmark Financial to your portfolios can decrease your overall portfolio volatility.