Barclays Net Income From Continuing Ops vs Tax Provision Analysis

BARC Stock   265.10  6.15  2.37%   
Barclays PLC financial indicator trend analysis is way more than just evaluating Barclays PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barclays PLC is a good investment. Please check the relationship between Barclays PLC Net Income From Continuing Ops and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barclays PLC. 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.

Net Income From Continuing Ops vs Tax Provision

Net Income From Continuing Ops vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barclays PLC Net Income From Continuing Ops account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Barclays PLC's Net Income From Continuing Ops and Tax Provision is -0.13. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Barclays PLC, assuming nothing else is changed. The correlation between historical values of Barclays PLC's Net Income From Continuing Ops 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 From Continuing Ops of Barclays PLC 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 From Continuing Ops i.e., Barclays PLC's Net Income From Continuing Ops and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

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 Barclays PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barclays PLC 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 Barclays PLC. 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.
Selling General Administrative is likely to drop to about 1.9 B in 2024. Discontinued Operations is likely to gain to about (2 B) in 2024
 2021 2022 2023 2024 (projected)
Income Tax Expense1.2B1.0B1.2B1.1B
Income Before Tax8.4B7.0B6.6B3.5B

Barclays PLC fundamental ratios Correlations

0.10.730.69-0.070.350.45-0.280.580.350.670.530.10.540.470.48-0.12-0.010.630.28-0.790.040.640.130.230.38
0.10.32-0.060.1-0.050.190.030.01-0.050.330.16-0.170.180.03-0.10.150.430.140.18-0.3-0.080.310.440.33-0.16
0.730.320.28-0.440.680.660.20.190.680.890.23-0.20.260.540.610.40.390.85-0.03-0.980.470.90.150.09-0.14
0.69-0.060.280.11-0.040.38-0.390.47-0.030.120.410.190.390.360.01-0.22-0.460.340.34-0.34-0.350.08-0.080.130.73
-0.070.1-0.440.11-0.87-0.59-0.810.6-0.87-0.180.250.750.15-0.69-0.74-0.56-0.17-0.680.70.32-0.78-0.330.590.650.57
0.35-0.050.68-0.04-0.870.510.6-0.231.00.52-0.16-0.6-0.10.70.930.390.330.83-0.59-0.610.860.66-0.45-0.54-0.56
0.450.190.660.38-0.590.510.54-0.350.510.290.16-0.610.260.710.310.55-0.160.77-0.22-0.580.260.32-0.11-0.170.07
-0.280.030.2-0.39-0.810.60.54-0.880.6-0.02-0.53-0.88-0.410.470.410.680.020.46-0.85-0.060.630.09-0.49-0.68-0.67
0.580.010.190.470.6-0.23-0.35-0.88-0.230.390.530.730.42-0.18-0.04-0.620.08-0.060.67-0.32-0.360.310.420.560.53
0.35-0.050.68-0.03-0.871.00.510.6-0.230.52-0.15-0.59-0.10.70.930.390.320.83-0.59-0.610.860.66-0.46-0.54-0.56
0.670.330.890.12-0.180.520.29-0.020.390.520.120.080.120.240.580.20.560.630.06-0.910.410.980.260.2-0.22
0.530.160.230.410.25-0.160.16-0.530.53-0.150.120.310.990.05-0.12-0.150.020.060.71-0.28-0.330.080.450.550.6
0.1-0.17-0.20.190.75-0.6-0.61-0.880.73-0.590.080.310.2-0.62-0.42-0.440.07-0.510.770.07-0.49-0.050.470.630.5
0.540.180.260.390.15-0.10.26-0.410.42-0.10.120.990.20.11-0.06-0.060.010.120.64-0.29-0.280.090.410.490.55
0.470.030.540.36-0.690.70.710.47-0.180.70.240.05-0.620.110.60.19-0.210.8-0.45-0.450.370.34-0.43-0.42-0.06
0.48-0.10.610.01-0.740.930.310.41-0.040.930.58-0.12-0.42-0.060.60.20.340.73-0.51-0.590.80.7-0.45-0.48-0.52
-0.120.150.4-0.22-0.560.390.550.68-0.620.390.2-0.15-0.44-0.060.190.20.280.39-0.36-0.320.420.27-0.07-0.22-0.44
-0.010.430.39-0.46-0.170.33-0.160.020.080.320.560.020.070.01-0.210.340.280.090.1-0.40.440.580.30.22-0.6
0.630.140.850.34-0.680.830.770.46-0.060.830.630.06-0.510.120.80.730.390.09-0.36-0.790.510.71-0.34-0.4-0.19
0.280.18-0.030.340.7-0.59-0.22-0.850.67-0.590.060.710.770.64-0.45-0.51-0.360.1-0.36-0.08-0.61-0.080.680.810.7
-0.79-0.3-0.98-0.340.32-0.61-0.58-0.06-0.32-0.61-0.91-0.280.07-0.29-0.45-0.59-0.32-0.4-0.79-0.08-0.41-0.92-0.21-0.170.06
0.04-0.080.47-0.35-0.780.860.260.63-0.360.860.41-0.33-0.49-0.280.370.80.420.440.51-0.61-0.410.54-0.3-0.44-0.74
0.640.310.90.08-0.330.660.320.090.310.660.980.08-0.050.090.340.70.270.580.71-0.08-0.920.540.130.06-0.33
0.130.440.15-0.080.59-0.45-0.11-0.490.42-0.460.260.450.470.41-0.43-0.45-0.070.3-0.340.68-0.21-0.30.130.940.29
0.230.330.090.130.65-0.54-0.17-0.680.56-0.540.20.550.630.49-0.42-0.48-0.220.22-0.40.81-0.17-0.440.060.940.48
0.38-0.16-0.140.730.57-0.560.07-0.670.53-0.56-0.220.60.50.55-0.06-0.52-0.44-0.6-0.190.70.06-0.74-0.330.290.48
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Barclays PLC Account Relationship Matchups

Barclays PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.3T1.4T1.5T1.5T840.0B
Short Long Term Debt Total110.6B92.1B111.6B124.3B176.6B185.4B
Total Stockholder Equity64.4B65.8B69.2B68.3B71.2B74.8B
Property Plant And Equipment Net4.2B4.0B3.6B3.6B3.4B3.2B
Net Debt(55.7B)(99.0B)(126.9B)(132.0B)(224.6B)(213.4B)
Cash150.3B191.1B238.6B256.4B220.9B231.9B
Non Current Assets Total555.3B697B675.9B555.6B1.3T1.3T
Non Currrent Assets Other(3.3B)(3.4B)(4.6B)(179.0B)687.8B722.2B
Other Assets434.6B461.4B469.8B701.8B(3.6B)(3.4B)
Cash And Short Term Investments150.3B191.1B238.6B256.4B220.9B231.9B
Common Stock Shares Outstanding17.5B17.7B17.4B16.9B15.9B14.8B
Liabilities And Stockholders Equity1.1T1.3T1.4T1.5T1.5T840.0B
Non Current Liabilities Total94.5B92.1B111.6B1.4T1.0T674.9B
Other Stockholder Equity11.1B297M518M(1.8B)(12.8B)(12.2B)
Total Liab94.5B92.1B111.6B1.4T1.4T708.1B
Property Plant And Equipment Gross4.2B4.0B9.3B8.6B7.9B8.3B
Total Current Assets150.3B191.1B238.6B256.4B224.6B114.2B
Other Current Liab272.6B(4.6B)(6.0B)(8.9B)315.7B331.5B
Total Current Liabilities315.1B401.8B396.5B436.3B316.2B380.9B
Retained Earnings44.2B45.5B50.7B52.8B53.7B56.4B
Accounts Payable213M4.0B5.3B8.4B89M84.6M
Net Receivables412M477M261M385M346.5M329.2M
Other Current Assets580.6B731.8B743.3B805.6B769.4B807.9B
Intangible Assets4.1B4.2B4.1B4.2B4.3B3.3B
Common Stock Total Equity22.0B4.3B4.6B4.3B5.0B7.9B
Common Stock4.3B4.3B4.2B4.0B3.8B3.6B
Other Liab4.6B4.6B5.3B8.4B7.5B7.1B
Long Term Debt60.8B68.8B66.7B59.6B68.6B85.9B
Short Term Investments(146.5B)100.3B(164.4B)(172.0B)(154.8B)(147.1B)
Property Plant Equipment4.2B4.0B3.5B3.6B4.2B3.5B
Accumulated Other Comprehensive Income4.8B4.5B1.8B(2.2B)13.2B13.8B
Net Tangible Assets56.3B57.8B61.2B60.1B69.1B60.9B
Long Term Investments463.9B540.1B664.3B543.7B557.4B474.3B
Short Term Debt42.3B46.7B76.8B69.5B66.8B63.5B
Capital Surpluse17.8B28M263M297M267.3M253.9M

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