Smart Tax Provision vs Ebitda Analysis

CREG Stock  USD 0.68  0.03  4.23%   
Smart Powerr financial indicator trend analysis is much more than just breaking down Smart Powerr Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Smart Powerr Corp is a good investment. Please check the relationship between Smart Powerr Tax Provision and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr 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 income.

Tax Provision vs Ebitda

Tax Provision vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Smart Powerr Corp Tax Provision account and Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Smart Powerr's Tax Provision and Ebitda is 0.6. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebitda in the same time period over historical financial statements of Smart Powerr Corp, assuming nothing else is changed. The correlation between historical values of Smart Powerr's Tax Provision and Ebitda 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 Smart Powerr Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Tax Provision i.e., Smart Powerr's Tax Provision and Ebitda go up and down completely randomly.

Correlation Coefficient

0.6
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.

Ebitda

Most indicators from Smart Powerr's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Smart Powerr 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 Smart Powerr 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 income.
The current Selling General Administrative is estimated to decrease to about 758.5 K. The current Tax Provision is estimated to decrease to about 123.8 K
 2021 2023 2024 (projected)
Total Operating Expenses842.8K798.5K758.5K
Other Operating Expenses1.6M798.5K758.5K

Smart Powerr fundamental ratios Correlations

0.470.340.53-0.3-0.350.260.39-0.330.470.110.060.130.030.580.45-0.150.380.020.22-0.250.45-0.550.530.280.95
0.470.720.1-0.01-0.190.230.67-0.020.940.320.110.190.04-0.070.77-0.280.77-0.140.17-0.20.77-0.740.580.670.53
0.340.720.240.52-0.71-0.250.70.490.770.6-0.25-0.15-0.59-0.190.76-0.820.89-0.360.45-0.440.76-0.560.540.740.45
0.530.10.24-0.1-0.5-0.050.45-0.130.250.33-0.23-0.19-0.350.720.39-0.080.360.040.32-0.340.39-0.020.080.30.3
-0.3-0.010.52-0.1-0.57-0.510.361.00.150.55-0.4-0.38-0.79-0.370.33-0.750.45-0.420.31-0.250.33-0.010.190.46-0.21
-0.35-0.19-0.71-0.5-0.570.41-0.57-0.53-0.35-0.540.330.260.89-0.26-0.620.78-0.670.44-0.690.67-0.620.18-0.31-0.55-0.31
0.260.23-0.25-0.05-0.510.410.01-0.50.180.02-0.09-0.070.480.250.090.5-0.050.56-0.540.50.09-0.240.11-0.040.23
0.390.670.70.450.36-0.570.010.340.880.7-0.19-0.11-0.460.250.85-0.380.94-0.310.37-0.380.85-0.280.250.980.32
-0.33-0.020.49-0.131.0-0.53-0.50.340.130.54-0.4-0.38-0.76-0.40.3-0.730.43-0.40.28-0.220.30.010.180.45-0.23
0.470.940.770.250.15-0.350.180.880.130.54-0.050.03-0.160.060.86-0.330.91-0.180.23-0.240.86-0.590.470.880.49
0.110.320.60.330.55-0.540.020.70.540.54-0.82-0.78-0.660.040.6-0.450.730.19-0.090.110.6-0.110.150.730.11
0.060.11-0.25-0.23-0.40.33-0.09-0.19-0.4-0.05-0.820.990.550.0-0.180.27-0.26-0.550.39-0.42-0.18-0.06-0.03-0.210.04
0.130.19-0.15-0.19-0.380.26-0.07-0.11-0.380.03-0.780.990.50.0-0.110.2-0.17-0.590.45-0.48-0.11-0.110.01-0.140.11
0.030.04-0.59-0.35-0.790.890.48-0.46-0.76-0.16-0.660.550.5-0.02-0.450.78-0.560.36-0.510.47-0.45-0.07-0.1-0.490.04
0.58-0.07-0.190.72-0.37-0.260.250.25-0.40.060.040.00.0-0.020.270.330.060.160.18-0.220.270.020.020.080.32
0.450.770.760.390.33-0.620.090.850.30.860.6-0.18-0.11-0.450.27-0.460.91-0.220.41-0.421.0-0.560.530.830.41
-0.15-0.28-0.82-0.08-0.750.780.5-0.38-0.73-0.33-0.450.270.20.780.33-0.46-0.610.52-0.540.5-0.460.33-0.44-0.46-0.29
0.380.770.890.360.45-0.67-0.050.940.430.910.73-0.26-0.17-0.560.060.91-0.61-0.310.41-0.410.91-0.470.430.940.39
0.02-0.14-0.360.04-0.420.440.56-0.31-0.4-0.180.19-0.55-0.590.360.16-0.220.52-0.31-0.830.82-0.22-0.04-0.01-0.350.01
0.220.170.450.320.31-0.69-0.540.370.280.23-0.090.390.45-0.510.180.41-0.540.41-0.83-1.00.41-0.130.20.340.16
-0.25-0.2-0.44-0.34-0.250.670.5-0.38-0.22-0.240.11-0.42-0.480.47-0.22-0.420.5-0.410.82-1.0-0.420.14-0.2-0.34-0.17
0.450.770.760.390.33-0.620.090.850.30.860.6-0.18-0.11-0.450.271.0-0.460.91-0.220.41-0.42-0.560.530.830.41
-0.55-0.74-0.56-0.02-0.010.18-0.24-0.280.01-0.59-0.11-0.06-0.11-0.070.02-0.560.33-0.47-0.04-0.130.14-0.56-0.95-0.26-0.65
0.530.580.540.080.19-0.310.110.250.180.470.15-0.030.01-0.10.020.53-0.440.43-0.010.2-0.20.53-0.950.240.62
0.280.670.740.30.46-0.55-0.040.980.450.880.73-0.21-0.14-0.490.080.83-0.460.94-0.350.34-0.340.83-0.260.240.26
0.950.530.450.3-0.21-0.310.230.32-0.230.490.110.040.110.040.320.41-0.290.390.010.16-0.170.41-0.650.620.26
Click cells to compare fundamentals

Smart Powerr Account Relationship Matchups

Smart Powerr fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities36.3M39.0M23.9M24.4M23.9M32.4M
Total Stockholder Equity78.6M92.2M124.8M110.8M109.2M91.8M
Retained Earnings(46.4M)(43.0M)(40.1M)(59.7M)(60.5M)(57.5M)
Accounts Payable2.2M76.1K77.9K71.3K70.1K66.6K
Common Stock Shares Outstanding1.6M2.6M7.1M7.3M7.8M8.2M
Other Stockholder Equity116.7M119.7M3.3M163.7M164.9M173.1M
Total Liab45.2M45.0M28.5M28.3M27.2M25.9M
Common Stock2.0K3.2K7.0K7.4K8.0K7.6K
Total Assets123.8M137.1M153.3M139.1M136.5M151.0M
Net Debt(3.8M)6.2M(82.6M)(122.0M)16.1M16.9M
Cash16.2M107.8M152.0M138.8M32.4K30.8K
Cash And Short Term Investments53.2M16.2M107.8M138.8M32.4K30.8K
Liabilities And Stockholders Equity171.5M123.8M137.1M139.1M136.5M150.2M
Total Current Assets64.6M108.2M153.1M139.1M136.5M143.3M
Other Current Liab13.5M10.9M3.6M3.8M3.4M6.4M
Property Plant And Equipment Net50.9M28.9M138.3K4.7K4.0K3.8K
Non Current Assets Total59.2M28.9M155.5K4.7K4.0K3.8K
Net Receivables48.3M344.4K202.0K223.3K69.0M72.4M
Other Current Assets(1.0)55.4K868.3K94.1K67.4M70.8M
Property Plant And Equipment Gross50.9M28.9M138.3K4.7K5.4K5.1K
Accumulated Other Comprehensive Income9.9M8.4M15.4M6.8M4.9M4.6M
Non Currrent Assets Other16.0K15.7K16.8K17.2K15.5K16.2K
Other Assets25.0M8.3M16.8K17.2K19.8K18.8K
Short Long Term Debt Total49.4M22.4M25.2M16.8M16.1M15.3M
Short Term Debt48.4M20.5M24.9M16.8M16.1M28.0M
Other Liab10.5M7.1M5.6M4.6M5.3M6.0M
Non Current Liabilities Total9.0M5.9M4.6M4.0M3.4M3.2M
Property Plant Equipment70.1M50.9M28.9M138.3K159.0K151.1K
Long Term Debt0.01.0M716.7K306.5K275.9K262.1K
Net Tangible Assets86.7M78.6M92.2M124.8M112.3M108.7M
Retained Earnings Total Equity28.3M(37.7M)(46.4M)(43.0M)(38.7M)(36.8M)
Capital Surpluse111.8M114.5M116.7M119.7M137.7M108.9M
Non Current Liabilities Other10.2M1.0M8.2M5.6M5.1M4.8M

Currently Active Assets on Macroaxis

When determining whether Smart Powerr Corp is a strong investment it is important to analyze Smart Powerr'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 Smart Powerr's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smart Powerr 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 income.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Environmental & Facilities Services 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 Smart Powerr. If investors know Smart 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 Smart Powerr 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
(0.09)
Earnings Share
(0.14)
Revenue Per Share
(0)
Return On Assets
(0)
Return On Equity
(0.01)
The market value of Smart Powerr Corp is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Powerr's value that differs from its market value or its book value, called intrinsic value, which is Smart Powerr'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 Smart Powerr's market value can be influenced by many factors that don't directly affect Smart Powerr'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 Smart Powerr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Powerr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Powerr'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.