| CROWN Stock | | | 227.16 4.45 2.00% |
Crown Lifters financial indicator trend analysis is way more than just evaluating Crown Lifters Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Crown Lifters Limited is a good investment. Please check the relationship between Crown Lifters Selling And Marketing Expenses and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Lifters Limited. 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 And Marketing Expenses vs Tax Provision
Selling And Marketing Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Crown Lifters Limited Selling And Marketing Expenses account and
Tax Provision. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Crown Lifters' Selling And Marketing Expenses and Tax Provision is 0.18. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Crown Lifters Limited, assuming nothing else is changed. The correlation between historical values of Crown Lifters' Selling And Marketing Expenses 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 Selling And Marketing Expenses of Crown Lifters Limited 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 Selling And Marketing Expenses i.e., Crown Lifters' Selling And Marketing Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Selling And Marketing Expenses
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 Crown Lifters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Crown Lifters Limited 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 Crown Lifters Limited. 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.
As of the 30th of November 2024,
Selling General Administrative is likely to grow to about 28.9
M, while Tax Provision is likely to drop about 9.7
M.
Crown Lifters fundamental ratios Correlations
Click cells to compare fundamentals
Crown Lifters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crown Lifters fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Crown Stock
Balance Sheet is a snapshot of the
financial position of Crown Lifters Limited at a specified time, usually calculated after every quarter, six months, or one year. Crown Lifters Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Crown Lifters and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Crown currently owns. An asset can also be divided into two categories, current and non-current.