Critical Roic vs Effective Tax Rate Analysis

CRMLW Stock   0.21  0.00  0.00%   
Critical Metals financial indicator trend analysis is way more than just evaluating Critical Metals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Critical Metals Corp is a good investment. Please check the relationship between Critical Metals Roic and its Effective Tax Rate accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Critical Metals 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 bureau of economic analysis.

Roic vs Effective Tax Rate

Roic vs Effective Tax Rate Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Critical Metals Corp Roic account and Effective Tax Rate. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Critical Metals' Roic and Effective Tax Rate is -0.65. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Effective Tax Rate in the same time period over historical financial statements of Critical Metals Corp, assuming nothing else is changed. The correlation between historical values of Critical Metals' Roic and Effective Tax Rate is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Critical Metals Corp are associated (or correlated) with its Effective Tax Rate. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Effective Tax Rate has no effect on the direction of Roic i.e., Critical Metals' Roic and Effective Tax Rate go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Effective Tax Rate

Effective Tax Rate is the average rate at which Critical Metals Corp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Critical Metals total tax expenses by Critical Metals earnings before taxes.
Most indicators from Critical Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Critical Metals 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 Critical Metals 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 bureau of economic analysis.
Selling General Administrative is likely to climb to about 3.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1 M in 2024.
 2021 2023 2024 (projected)
Depreciation And Amortization7.4K7.8K6.0K
Interest Income1.6K1.5K1.4K

Critical Metals fundamental ratios Correlations

0.890.9-0.890.960.89-0.920.90.881.01.00.880.88-0.370.890.890.9-0.880.980.890.89-0.920.89-0.72-0.72-0.72
0.891.0-1.00.851.0-1.00.951.00.890.91.01.0-0.731.01.01.0-1.00.881.01.0-1.01.0-0.95-0.95-0.95
0.91.0-1.00.851.0-1.00.961.00.90.91.01.0-0.731.01.01.0-0.990.891.01.0-1.01.0-0.95-0.95-0.95
-0.89-1.0-1.0-0.86-1.01.0-0.93-1.0-0.89-0.89-1.0-1.00.7-1.0-1.0-1.01.0-0.87-1.0-1.01.0-1.00.940.940.94
0.960.850.85-0.860.85-0.880.80.840.960.950.840.83-0.320.850.850.85-0.850.960.850.85-0.880.85-0.67-0.67-0.67
0.891.01.0-1.00.85-1.00.951.00.890.91.01.0-0.731.01.01.0-1.00.881.01.0-1.01.0-0.95-0.95-0.95
-0.92-1.0-1.01.0-0.88-1.0-0.95-1.0-0.92-0.92-1.0-1.00.69-1.0-1.0-1.00.99-0.91-1.0-1.01.0-1.00.930.930.93
0.90.950.96-0.930.80.95-0.950.940.910.930.940.94-0.690.950.950.95-0.920.910.940.95-0.960.95-0.9-0.9-0.9
0.881.01.0-1.00.841.0-1.00.940.880.891.01.0-0.731.01.01.0-1.00.871.01.0-1.01.0-0.95-0.95-0.95
1.00.890.9-0.890.960.89-0.920.910.881.00.880.88-0.380.890.890.9-0.880.980.890.89-0.920.89-0.73-0.73-0.73
1.00.90.9-0.890.950.9-0.920.930.891.00.890.89-0.410.90.90.9-0.880.990.890.9-0.920.9-0.74-0.74-0.74
0.881.01.0-1.00.841.0-1.00.941.00.880.891.0-0.731.01.01.0-1.00.871.01.0-1.01.0-0.95-0.95-0.95
0.881.01.0-1.00.831.0-1.00.941.00.880.891.0-0.731.01.01.0-1.00.861.01.0-1.01.0-0.95-0.95-0.95
-0.37-0.73-0.730.7-0.32-0.730.69-0.69-0.73-0.38-0.41-0.73-0.73-0.73-0.73-0.730.7-0.43-0.73-0.730.69-0.730.910.910.91
0.891.01.0-1.00.851.0-1.00.951.00.890.91.01.0-0.731.01.0-1.00.881.01.0-1.01.0-0.95-0.95-0.95
0.891.01.0-1.00.851.0-1.00.951.00.890.91.01.0-0.731.01.0-1.00.881.01.0-1.01.0-0.95-0.95-0.95
0.91.01.0-1.00.851.0-1.00.951.00.90.91.01.0-0.731.01.0-0.990.891.01.0-1.01.0-0.95-0.95-0.95
-0.88-1.0-0.991.0-0.85-1.00.99-0.92-1.0-0.88-0.88-1.0-1.00.7-1.0-1.0-0.99-0.86-1.0-1.00.99-1.00.940.940.94
0.980.880.89-0.870.960.88-0.910.910.870.980.990.870.86-0.430.880.880.89-0.860.870.88-0.910.88-0.74-0.74-0.74
0.891.01.0-1.00.851.0-1.00.941.00.890.891.01.0-0.731.01.01.0-1.00.871.0-1.01.0-0.95-0.95-0.95
0.891.01.0-1.00.851.0-1.00.951.00.890.91.01.0-0.731.01.01.0-1.00.881.0-1.01.0-0.95-0.95-0.95
-0.92-1.0-1.01.0-0.88-1.01.0-0.96-1.0-0.92-0.92-1.0-1.00.69-1.0-1.0-1.00.99-0.91-1.0-1.0-1.00.930.930.93
0.891.01.0-1.00.851.0-1.00.951.00.890.91.01.0-0.731.01.01.0-1.00.881.01.0-1.0-0.95-0.95-0.95
-0.72-0.95-0.950.94-0.67-0.950.93-0.9-0.95-0.73-0.74-0.95-0.950.91-0.95-0.95-0.950.94-0.74-0.95-0.950.93-0.951.01.0
-0.72-0.95-0.950.94-0.67-0.950.93-0.9-0.95-0.73-0.74-0.95-0.950.91-0.95-0.95-0.950.94-0.74-0.95-0.950.93-0.951.01.0
-0.72-0.95-0.950.94-0.67-0.950.93-0.9-0.95-0.73-0.74-0.95-0.950.91-0.95-0.95-0.950.94-0.74-0.95-0.950.93-0.951.01.0
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Critical Metals Account Relationship Matchups

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