Arrowmark Income Tax Expense vs Net Income From Continuing Ops Analysis

BANX Stock  USD 20.68  0.06  0.29%   
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 Income Tax Expense 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 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.

Income Tax Expense vs Net Income From Continuing Ops

Income Tax Expense 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 Arrowmark Financial Corp Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Arrowmark Financial's Income Tax Expense and Net Income From Continuing Ops is 0.71. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops 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 Income Tax Expense 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 Income Tax Expense of Arrowmark Financial Corp 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 Income Tax Expense i.e., Arrowmark Financial's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Net Income From Continuing Ops

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 Profit14.4M7.9M19.5M12.9M
Total Revenue14.4M7.9M23.2M13.3M

Arrowmark Financial fundamental ratios Correlations

-0.30.340.95-0.30.93-0.520.33-0.940.98-0.84-0.3-0.940.650.930.840.650.480.98-0.940.970.760.43-0.510.330.73
-0.30.34-0.27-0.34-0.470.380.30.3-0.280.00.510.3-0.23-0.17-0.28-0.410.08-0.310.29-0.29-0.420.240.650.34-0.4
0.340.340.310.00.26-0.081.0-0.340.34-0.23-0.25-0.340.040.330.040.140.260.34-0.350.3-0.15-0.010.23-0.01-0.16
0.95-0.270.31-0.410.87-0.50.3-0.960.97-0.89-0.21-0.960.60.970.860.650.330.87-0.971.00.590.3-0.530.430.56
-0.3-0.340.0-0.410.010.250.020.24-0.280.72-0.750.24-0.31-0.4-0.53-0.27-0.2-0.210.24-0.38-0.21-0.250.23-0.84-0.23
0.93-0.470.260.870.01-0.420.25-0.940.92-0.62-0.61-0.940.590.840.730.540.340.92-0.930.90.690.39-0.490.010.65
-0.520.38-0.08-0.50.25-0.42-0.080.42-0.480.470.020.42-0.43-0.44-0.58-0.13-0.39-0.50.42-0.54-0.470.00.54-0.27-0.46
0.330.31.00.30.020.25-0.08-0.330.33-0.2-0.27-0.330.020.310.020.140.250.34-0.340.29-0.15-0.030.22-0.04-0.17
-0.940.3-0.34-0.960.24-0.940.42-0.33-0.970.80.41.0-0.63-0.96-0.81-0.58-0.28-0.871.0-0.97-0.55-0.340.5-0.27-0.51
0.98-0.280.340.97-0.280.92-0.480.33-0.97-0.86-0.31-0.970.670.980.850.650.40.93-0.970.980.660.38-0.50.370.63
-0.840.0-0.23-0.890.72-0.620.47-0.20.8-0.86-0.220.8-0.68-0.91-0.88-0.63-0.4-0.750.8-0.88-0.57-0.380.49-0.77-0.56
-0.30.51-0.25-0.21-0.75-0.610.02-0.270.4-0.31-0.220.4-0.02-0.170.02-0.040.04-0.350.4-0.25-0.13-0.010.070.75-0.09
-0.940.3-0.34-0.960.24-0.940.42-0.331.0-0.970.80.4-0.63-0.96-0.81-0.58-0.28-0.871.0-0.97-0.55-0.340.5-0.26-0.51
0.65-0.230.040.6-0.310.59-0.430.02-0.630.67-0.68-0.02-0.630.690.690.60.440.65-0.610.630.60.35-0.770.460.58
0.93-0.170.330.97-0.40.84-0.440.31-0.960.98-0.91-0.17-0.960.690.850.640.320.85-0.960.970.550.35-0.490.510.51
0.84-0.280.040.86-0.530.73-0.580.02-0.810.85-0.880.02-0.810.690.850.520.310.78-0.810.880.690.39-0.570.560.66
0.65-0.410.140.65-0.270.54-0.130.14-0.580.65-0.63-0.04-0.580.60.640.520.330.62-0.580.620.51-0.03-0.650.390.49
0.480.080.260.33-0.20.34-0.390.25-0.280.4-0.40.04-0.280.440.320.310.330.57-0.270.360.580.17-0.180.240.6
0.98-0.310.340.87-0.210.92-0.50.34-0.870.93-0.75-0.35-0.870.650.850.780.620.57-0.870.890.830.5-0.460.230.81
-0.940.29-0.35-0.970.24-0.930.42-0.341.0-0.970.80.41.0-0.61-0.96-0.81-0.58-0.27-0.87-0.97-0.54-0.340.48-0.27-0.5
0.97-0.290.31.0-0.380.9-0.540.29-0.970.98-0.88-0.25-0.970.630.970.880.620.360.89-0.970.630.33-0.530.40.6
0.76-0.42-0.150.59-0.210.69-0.47-0.15-0.550.66-0.57-0.13-0.550.60.550.690.510.580.83-0.540.630.57-0.50.231.0
0.430.24-0.010.3-0.250.390.0-0.03-0.340.38-0.38-0.01-0.340.350.350.39-0.030.170.5-0.340.330.570.040.190.57
-0.510.650.23-0.530.23-0.490.540.220.5-0.50.490.070.5-0.77-0.49-0.57-0.65-0.18-0.460.48-0.53-0.50.04-0.25-0.49
0.330.34-0.010.43-0.840.01-0.27-0.04-0.270.37-0.770.75-0.260.460.510.560.390.240.23-0.270.40.230.19-0.250.23
0.73-0.4-0.160.56-0.230.65-0.46-0.17-0.510.63-0.56-0.09-0.510.580.510.660.490.60.81-0.50.61.00.57-0.490.23
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Arrowmark Financial Account Relationship Matchups

Arrowmark Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets164.7M188.4M218.7M208.5M203.7M204.2M
Other Current Liab(2.5M)(3.0M)(3.4M)(3.8M)898.4K943.3K
Total Current Liabilities2.5M3.0M3.4M3.5M6.0M5.6M
Total Stockholder Equity143.2M140.8M153.5M147.7M152.4M154.9M
Net Debt17.7M42.6M59.9M55.2M(443.4K)(421.2K)
Retained Earnings(1.7M)(4.2M)(2.7M)(8.8M)(3.9M)(4.0M)
Accounts Payable2.5M3.0M3.4M3.5M4.7M5.2M
Cash35.3K358.1K72.9K369.7K443.4K421.2K
Non Current Assets Total162.3M180.4M215.4M203.6M234.2M186.6M
Non Currrent Assets Other(164.7M)(188.4M)(218.7M)(208.5M)(400.2M)(380.2M)
Other Assets618.4K613.3K727.3K1.2M203.7M213.9M
Cash And Short Term Investments35.3K358.1K72.9K369.7K807.3K766.9K
Net Receivables1.8M7.0M2.5M3.2M5.6M3.5M
Common Stock Total Equity6.5K6.6K6.6K6.6K7.5K6.9K
Common Stock Shares Outstanding6.6M6.6M6.7M7.1M7.1M7.2M
Liabilities And Stockholders Equity164.7M188.4M218.7M208.5M203.7M204.2M
Non Current Liabilities Total17.7M43M60M3.5M51.3M28.1M
Other Stockholder Equity3.4M145.0M156.1M156.5M156.3M143.9M
Total Liab21.5M47.6M65.2M60.8M51.3M49.4M
Total Current Assets1.8M7.3M2.6M3.6M3.3M3.1M
Common Stock6.6K6.6K7.1K7.1K7.1K7.2K
Short Long Term Debt Total17.7M43M60M55.6M45M44.8M
Short Term Debt17.7M43M60M55.6M45M47.0M
Net Tangible Assets143.2M140.8M153.5M147.7M169.8M157.9M
Long Term Investments162.3M178.5M215.4M203.6M196.9M207.7M
Net Invested Capital160.9M183.8M213.5M203.3M197.4M207.0M
Capital Stock6.6K6.6K7.1K7.1K7.1K7.5K

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