ChargePoint Gross Profit vs Tax Provision Analysis

CHPT Stock

USD 1.13 0.04 3.67%

ChargePoint Holdings financial indicator trend analysis is way more than just evaluating ChargePoint Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChargePoint Holdings is a good investment. Please check the relationship between ChargePoint Holdings Gross Profit and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChargePoint Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.

Gross Profit vs Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChargePoint Holdings Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have pay attention.

The correlation between ChargePoint Holdings' Gross Profit and Tax Provision is -0.81. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of ChargePoint Holdings, assuming nothing else is changed. The correlation between historical values of ChargePoint Holdings' Gross Profit 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 Gross Profit of ChargePoint Holdings 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 Gross Profit i.e., ChargePoint Holdings' Gross Profit and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of ChargePoint Holdings minus its cost of goods sold. It is profit before ChargePoint Holdings 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.

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 ChargePoint Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChargePoint Holdings 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 ChargePoint Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy ChargePoint Stock please use our How to Invest in ChargePoint Holdings guide.Issuance Of Capital Stock is likely to gain to about 301.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 72.8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.5M	9.4M	16.3M	17.1M
Depreciation And Amortization	20.7M	29.8M	28.5M	22.7M

Interest Expense Depreciation And Amortization

ChargePoint Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Long Term Debt
Total Assets		0.85	0.85	0.98	0.89	0.93	-0.14	-0.9	0.93	0.96	0.98	0.84	0.99	0.95	0.99	1.0	-0.18	0.91	0.73	0.96	0.99	0.94	0.99	0.99	0.99	0.99
Short Long Term Debt Total	0.85		0.96	0.92	0.54	0.72	0.38	-0.85	0.98	0.72	0.73	0.67	0.81	0.94	0.8	0.81	0.1	0.98	0.73	0.96	0.83	0.97	0.91	0.81	0.86	0.76
Other Current Liab	0.85	0.96		0.94	0.54	0.72	0.29	-0.92	0.98	0.76	0.73	0.69	0.79	0.87	0.79	0.82	-0.15	0.96	0.86	0.93	0.85	0.96	0.91	0.82	0.89	0.75
Total Current Liabilities	0.98	0.92	0.94		0.79	0.88	0.02	-0.94	0.98	0.92	0.92	0.82	0.95	0.95	0.95	0.96	-0.19	0.96	0.8	0.98	0.97	0.99	1.0	0.96	0.98	0.93
Total Stockholder Equity	0.89	0.54	0.54	0.79		0.85	-0.49	-0.69	0.67	0.92	0.96	0.72	0.92	0.76	0.94	0.92	-0.25	0.62	0.51	0.75	0.9	0.69	0.83	0.92	0.86	0.96
Property Plant And Equipment Net	0.93	0.72	0.72	0.88	0.85		-0.27	-0.86	0.79	0.96	0.94	0.97	0.95	0.84	0.92	0.92	-0.34	0.83	0.67	0.86	0.9	0.86	0.9	0.91	0.9	0.93
Net Debt	-0.14	0.38	0.29	0.02	-0.49	-0.27		-0.04	0.21	-0.35	-0.31	-0.28	-0.18	0.15	-0.22	-0.2	0.61	0.22	0.13	0.13	-0.18	0.15	-0.01	-0.21	-0.08	-0.27
Retained Earnings	-0.9	-0.85	-0.92	-0.94	-0.69	-0.86	-0.04		-0.91	-0.87	-0.83	-0.83	-0.86	-0.84	-0.86	-0.88	0.38	-0.91	-0.95	-0.89	-0.9	-0.93	-0.92	-0.88	-0.95	-0.85
Accounts Payable	0.93	0.98	0.98	0.98	0.67	0.79	0.21	-0.91		0.83	0.83	0.72	0.88	0.95	0.89	0.9	-0.06	0.98	0.8	0.98	0.92	0.99	0.97	0.9	0.94	0.85
Cash	0.96	0.72	0.76	0.92	0.92	0.96	-0.35	-0.87	0.83		0.98	0.91	0.96	0.84	0.97	0.97	-0.4	0.82	0.71	0.87	0.97	0.87	0.93	0.98	0.95	0.97
Non Current Assets Total	0.98	0.73	0.73	0.92	0.96	0.94	-0.31	-0.83	0.83	0.98		0.84	0.99	0.89	0.99	0.99	-0.24	0.81	0.65	0.89	0.98	0.86	0.94	0.99	0.95	1.0
Non Currrent Assets Other	0.84	0.67	0.69	0.82	0.72	0.97	-0.28	-0.83	0.72	0.91	0.84		0.86	0.74	0.82	0.82	-0.46	0.8	0.67	0.78	0.82	0.81	0.82	0.82	0.82	0.82
Cash And Short Term Investments	0.99	0.81	0.79	0.95	0.92	0.95	-0.18	-0.86	0.88	0.96	0.99	0.86		0.94	0.99	0.99	-0.16	0.88	0.68	0.94	0.98	0.91	0.97	0.98	0.97	0.99
Net Receivables	0.95	0.94	0.87	0.95	0.76	0.84	0.15	-0.84	0.95	0.84	0.89	0.74	0.94		0.92	0.92	0.1	0.94	0.66	0.99	0.91	0.95	0.97	0.91	0.93	0.9
Good Will	0.99	0.8	0.79	0.95	0.94	0.92	-0.22	-0.86	0.89	0.97	0.99	0.82	0.99	0.92		1.0	-0.19	0.86	0.68	0.93	0.99	0.9	0.97	1.0	0.97	1.0
Common Stock Shares Outstanding	1.0	0.81	0.82	0.96	0.92	0.92	-0.2	-0.88	0.9	0.97	0.99	0.82	0.99	0.92	1.0		-0.22	0.87	0.71	0.94	1.0	0.91	0.98	1.0	0.98	0.99
Short Term Investments	-0.18	0.1	-0.15	-0.19	-0.25	-0.34	0.61	0.38	-0.06	-0.4	-0.24	-0.46	-0.16	0.1	-0.19	-0.22		-0.06	-0.47	-0.01	-0.25	-0.11	-0.14	-0.25	-0.25	-0.22
Non Current Liabilities Total	0.91	0.98	0.96	0.96	0.62	0.83	0.22	-0.91	0.98	0.82	0.81	0.8	0.88	0.94	0.86	0.87	-0.06		0.77	0.98	0.88	0.99	0.95	0.87	0.91	0.82
Inventory	0.73	0.73	0.86	0.8	0.51	0.67	0.13	-0.95	0.8	0.71	0.65	0.67	0.68	0.66	0.68	0.71	-0.47	0.77		0.73	0.74	0.79	0.77	0.72	0.83	0.67
Other Current Assets	0.96	0.96	0.93	0.98	0.75	0.86	0.13	-0.89	0.98	0.87	0.89	0.78	0.94	0.99	0.93	0.94	-0.01	0.98	0.73		0.94	0.99	0.99	0.93	0.95	0.91
Other Stockholder Equity	0.99	0.83	0.85	0.97	0.9	0.9	-0.18	-0.9	0.92	0.97	0.98	0.82	0.98	0.91	0.99	1.0	-0.25	0.88	0.74	0.94		0.93	0.98	1.0	0.99	0.98
Total Liab	0.94	0.97	0.96	0.99	0.69	0.86	0.15	-0.93	0.99	0.87	0.86	0.81	0.91	0.95	0.9	0.91	-0.11	0.99	0.79	0.99	0.93		0.98	0.91	0.94	0.87
Total Current Assets	0.99	0.91	0.91	1.0	0.83	0.9	-0.01	-0.92	0.97	0.93	0.94	0.82	0.97	0.97	0.97	0.98	-0.14	0.95	0.77	0.99	0.98	0.98		0.98	0.99	0.95
Common Stock	0.99	0.81	0.82	0.96	0.92	0.91	-0.21	-0.88	0.9	0.98	0.99	0.82	0.98	0.91	1.0	1.0	-0.25	0.87	0.72	0.93	1.0	0.91	0.98		0.98	0.99
Current Deferred Revenue	0.99	0.86	0.89	0.98	0.86	0.9	-0.08	-0.95	0.94	0.95	0.95	0.82	0.97	0.93	0.97	0.98	-0.25	0.91	0.83	0.95	0.99	0.94	0.99	0.98		0.96
Long Term Debt	0.99	0.76	0.75	0.93	0.96	0.93	-0.27	-0.85	0.85	0.97	1.0	0.82	0.99	0.9	1.0	0.99	-0.22	0.82	0.67	0.91	0.98	0.87	0.95	0.99	0.96

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ChargePoint Gross Profit vs Tax Provision Analysis

Gross Profit vs Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

Correlation Coefficient

Gross Profit

Tax Provision

ChargePoint Holdings fundamental ratios Correlations

ChargePoint Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for ChargePoint Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Long Term Debt	+ 1.0	Non Current Assets Total
Common Stock Shares Outstanding	+ 1.0	Good Will
Common Stock	+ 1.0	Good Will
Long Term Debt	+ 1.0	Good Will

Current Deferred Revenue	- 0.95	Retained Earnings
Inventory	- 0.95	Retained Earnings
Retained Earnings	- 0.94	Total Current Liabilities
Total Liab	- 0.93	Retained Earnings
Total Current Assets	- 0.92	Retained Earnings
Retained Earnings	- 0.92	Other Current Liab