Diligent Income Before Tax vs Tax Provision Analysis

DNAMEDIA

5.43 0.25 4.83%

Diligent MediaLimited financial indicator trend analysis is much more than just examining Diligent MediaLimited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diligent MediaLimited is a good investment. Please check the relationship between Diligent MediaLimited Income Before Tax and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diligent Media. 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.

Income Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diligent MediaLimited Income Before Tax account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Diligent MediaLimited's Income Before Tax and Tax Provision is 0.8. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Diligent Media, assuming nothing else is changed. The correlation between historical values of Diligent MediaLimited's Income Before Tax 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 Income Before Tax of Diligent Media 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 Income Before Tax i.e., Diligent MediaLimited's Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Diligent MediaLimited income statement and is an important metric when analyzing Diligent MediaLimited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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 Diligent MediaLimited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diligent MediaLimited 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diligent Media. 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 Diligent MediaLimited's current Selling General Administrative is estimated to increase to about 114.3 M. The Diligent MediaLimited's current Tax Provision is estimated to increase to about 440.5 M

	2021	2022	2023	2024 (projected)
Gross Profit	52.4M	48.3M	10.6M	10.0M
Total Revenue	64.8M	94.4M	97.0M	92.2M

Gross Profit Total Revenue

Diligent MediaLimited fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.78	0.07	0.13	-0.28	0.53	-0.3	0.74	0.37	-0.16	0.51	0.87	-0.24	0.39	0.38	0.59	0.78	0.64	0.35	-0.28	0.7	0.48	0.64	-0.48	0.15	0.08
Short Long Term Debt Total	0.78		0.13	0.17	-0.23	0.56	-0.31	0.55	0.32	-0.25	0.68	0.68	0.0	0.56	0.44	0.31	0.59	0.6	0.2	-0.25	0.56	0.38	0.7	-0.46	0.06	0.17
Other Current Liab	0.07	0.13		0.51	-0.62	-0.24	-0.73	0.65	0.52	-0.7	-0.25	-0.05	0.22	-0.09	0.29	-0.1	0.36	-0.37	0.11	-0.75	0.5	0.23	-0.24	-0.64	-0.66	-0.47
Total Current Liabilities	0.13	0.17	0.51		-0.7	0.09	-0.02	0.55	0.34	-0.6	-0.3	0.02	0.19	-0.23	0.77	-0.19	0.23	-0.46	-0.08	-0.62	0.58	0.22	0.06	-0.57	-0.57	-0.63
Total Stockholder Equity	-0.28	-0.23	-0.62	-0.7		-0.44	0.41	-0.7	-0.57	0.7	0.17	-0.14	0.07	0.07	-0.66	0.38	-0.72	0.17	-0.12	0.89	-0.87	-0.3	-0.13	0.85	0.2	0.85
Property Plant And Equipment Net	0.53	0.56	-0.24	0.09	-0.44		0.07	0.29	0.17	0.05	0.35	0.53	-0.44	0.2	0.47	-0.13	0.65	0.61	0.03	-0.22	0.58	0.12	0.7	-0.43	0.65	-0.32
Current Deferred Revenue	-0.3	-0.31	-0.73	-0.02	0.41	0.07		-0.59	-0.69	0.68	-0.1	-0.05	0.03	-0.23	-0.01	0.06	-0.55	0.02	-0.54	0.66	-0.47	-0.53	0.25	0.65	0.34	0.16
Net Debt	0.74	0.55	0.65	0.55	-0.7	0.29	-0.59		0.67	-0.62	0.06	0.56	0.04	0.17	0.52	0.25	0.81	0.09	0.32	-0.76	0.89	0.51	0.29	-0.84	-0.35	-0.41
Retained Earnings	0.37	0.32	0.52	0.34	-0.57	0.17	-0.69	0.67		-0.76	-0.27	-0.05	0.08	-0.13	0.24	-0.29	0.6	-0.24	0.78	-0.85	0.63	0.84	-0.02	-0.86	-0.41	-0.49
Accounts Payable	-0.16	-0.25	-0.7	-0.6	0.7	0.05	0.68	-0.62	-0.76		0.11	0.17	-0.21	-0.06	-0.38	0.38	-0.46	0.45	-0.48	0.85	-0.61	-0.62	0.25	0.78	0.65	0.47
Cash	0.51	0.68	-0.25	-0.3	0.17	0.35	-0.1	0.06	-0.27	0.11		0.61	-0.21	0.84	0.09	0.42	0.28	0.77	-0.09	0.31	0.11	-0.05	0.43	0.11	0.41	0.61
Non Current Assets Total	0.87	0.68	-0.05	0.02	-0.14	0.53	-0.05	0.56	-0.05	0.17	0.61		-0.17	0.53	0.3	0.72	0.62	0.77	-0.12	0.02	0.53	-0.01	0.73	-0.2	0.34	0.19
Non Currrent Assets Other	-0.24	0.0	0.22	0.19	0.07	-0.44	0.03	0.04	0.08	-0.21	-0.21	-0.17		0.19	-0.13	-0.01	-0.29	-0.43	-0.18	-0.05	-0.17	-0.16	0.01	0.01	-0.63	0.07
Cash And Short Term Investments	0.39	0.56	-0.09	-0.23	0.07	0.2	-0.23	0.17	-0.13	-0.06	0.84	0.53	0.19		0.03	0.31	0.27	0.52	-0.17	0.18	0.13	-0.15	0.27	-0.03	0.18	0.49
Net Receivables	0.38	0.44	0.29	0.77	-0.66	0.47	-0.01	0.52	0.24	-0.38	0.09	0.3	-0.13	0.03		-0.08	0.44	0.04	-0.15	-0.49	0.66	0.21	0.34	-0.53	-0.12	-0.46
Common Stock Shares Outstanding	0.59	0.31	-0.1	-0.19	0.38	-0.13	0.06	0.25	-0.29	0.38	0.42	0.72	-0.01	0.31	-0.08		0.1	0.53	-0.11	0.37	0.01	-0.08	0.37	0.29	0.06	0.59
Non Current Liabilities Total	0.78	0.59	0.36	0.23	-0.72	0.65	-0.55	0.81	0.6	-0.46	0.28	0.62	-0.29	0.27	0.44	0.1		0.43	0.39	-0.68	0.92	0.49	0.46	-0.78	0.16	-0.41
Inventory	0.64	0.6	-0.37	-0.46	0.17	0.61	0.02	0.09	-0.24	0.45	0.77	0.77	-0.43	0.52	0.04	0.53	0.43		-0.07	0.31	0.18	-0.09	0.7	0.1	0.74	0.43
Other Current Assets	0.35	0.2	0.11	-0.08	-0.12	0.03	-0.54	0.32	0.78	-0.48	-0.09	-0.12	-0.18	-0.17	-0.15	-0.11	0.39	-0.07		-0.46	0.29	0.93	-0.11	-0.44	-0.18	-0.06
Other Stockholder Equity	-0.28	-0.25	-0.75	-0.62	0.89	-0.22	0.66	-0.76	-0.85	0.85	0.31	0.02	-0.05	0.18	-0.49	0.37	-0.68	0.31	-0.46		-0.81	-0.6	0.03	0.94	0.45	0.77
Total Liab	0.7	0.56	0.5	0.58	-0.87	0.58	-0.47	0.89	0.63	-0.61	0.11	0.53	-0.17	0.13	0.66	0.01	0.92	0.18	0.29	-0.81		0.49	0.4	-0.88	-0.09	-0.59
Total Current Assets	0.48	0.38	0.23	0.22	-0.3	0.12	-0.53	0.51	0.84	-0.62	-0.05	-0.01	-0.16	-0.15	0.21	-0.08	0.49	-0.09	0.93	-0.6	0.49		0.0	-0.6	-0.3	-0.16
Short Term Debt	0.64	0.7	-0.24	0.06	-0.13	0.7	0.25	0.29	-0.02	0.25	0.43	0.73	0.01	0.27	0.34	0.37	0.46	0.7	-0.11	0.03	0.4	0.0		-0.15	0.4	0.05
Common Stock	-0.48	-0.46	-0.64	-0.57	0.85	-0.43	0.65	-0.84	-0.86	0.78	0.11	-0.2	0.01	-0.03	-0.53	0.29	-0.78	0.1	-0.44	0.94	-0.88	-0.6	-0.15		0.3	0.68
Other Liab	0.15	0.06	-0.66	-0.57	0.2	0.65	0.34	-0.35	-0.41	0.65	0.41	0.34	-0.63	0.18	-0.12	0.06	0.16	0.74	-0.18	0.45	-0.09	-0.3	0.4	0.3		0.17
Net Tangible Assets	0.08	0.17	-0.47	-0.63	0.85	-0.32	0.16	-0.41	-0.49	0.47	0.61	0.19	0.07	0.49	-0.46	0.59	-0.41	0.43	-0.06	0.77	-0.59	-0.16	0.05	0.68	0.17

Click cells to compare fundamentals

Diligent MediaLimited Account Relationship Matchups

Diligent MediaLimited fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	2.0B	2.0B	2.3B	3.4B	3.2B
Short Long Term Debt Total	8.6B	4.4B	4.4B	4.4B	5.0B	5.8B
Other Current Liab	109.9M	3.4B	3.2B	1.8B	1.6B	1.2B
Total Current Liabilities	5.0B	3.5B	3.2B	1.9B	1.6B	2.0B
Total Stockholder Equity	(5.3B)	(5.8B)	(5.5B)	(3.9B)	(2.6B)	(2.7B)
Property Plant And Equipment Net	1.9B	1.8B	0.0	3.3M	2.0M	1.9M
Current Deferred Revenue	22.1M	523.7M	5.9M	39.2M	8.3M	7.9M
Net Debt	4.2B	4.4B	4.3B	4.3B	4.4B	3.4B
Retained Earnings	(7.2B)	(5.9B)	(7.4B)	(5.8B)	(2.7B)	(2.8B)
Accounts Payable	99.6M	59.6M	43.8M	49.6M	31.3M	29.7M
Cash	31.8M	226K	16.8M	26.2M	5.2M	5.0M
Non Current Assets Total	2.9B	1.1B	1.7B	2.1B	846.6M	804.2M
Non Currrent Assets Other	(89K)	62.2M	35.6M	1.6B	122.1M	128.2M
Cash And Short Term Investments	31.8M	226K	16.8M	104.3M	5.2M	5.0M
Net Receivables	1.1B	896.0M	146.9M	173.6M	123.2M	117.1M
Liabilities And Stockholders Equity	4.0B	2.0B	2.0B	2.3B	3.4B	3.2B
Non Current Liabilities Total	4.4B	4.4B	4.4B	4.4B	4.4B	4.6B
Inventory	70.0M	16.2M	1.8M	1.0	0.9	0.86
Other Current Assets	(2K)	3.7M	135.5M	2.2M	2.4B	2.5B
Other Stockholder Equity	2.5B	(1.7B)	(473K)	1.8B	1.2M	1.1M
Total Liab	9.4B	7.8B	7.6B	6.2B	6.0B	6.6B
Total Current Assets	1.1B	901.8M	299.1M	202.8M	2.6B	2.7B
Accumulated Other Comprehensive Income	(714.0M)	1.7B	1.8B	1.8B	(2.7B)	(2.6B)
Short Term Debt	22.1M	4.3B	5.9M	39.2M	(8.3M)	(7.9M)
Other Liab	14.4M	75K	1.7M	2.3M	2.1M	2.0M
Net Tangible Assets	(5.3B)	(5.8B)	(5.5B)	(3.9B)	(3.5B)	(3.7B)
Other Assets	1.2B	1.1B	1.7B	2.1B	2.4B	1.4B
Long Term Debt	4.4B	4.4B	4.4B	4.4B	5.0B	4.7B
Property Plant Equipment	1.9B	1.8B	0.0	3.3M	3.0M	2.8M
Short Term Investments	10.6M	16.4M	19.5M	78.1M	1.6B	1.6B
Long Term Debt Total	4.4B	4.4B	4.4B	4.4B	3.9B	3.5B
Cash And Equivalents	52.7M	31.8M	226K	16.8M	15.1M	26.0M
Net Invested Capital	(1.1B)	(5.8B)	(5.6B)	420.4M	1.8B	1.9B
Net Working Capital	(3.9B)	(2.6B)	(2.9B)	(1.7B)	944.7M	991.9M

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.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in Diligent Stock

Balance Sheet is a snapshot of the financial position of Diligent MediaLimited at a specified time, usually calculated after every quarter, six months, or one year. Diligent MediaLimited Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Diligent MediaLimited 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 Diligent currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Diligent Income Before Tax vs Tax Provision Analysis

Income Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

Correlation Coefficient

Income Before Tax

Tax Provision

Diligent MediaLimited fundamental ratios Correlations

Diligent MediaLimited Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Diligent MediaLimited fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Diligent Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.94	Other Stockholder Equity
Total Current Assets	+ 0.93	Other Current Assets
Total Liab	+ 0.92	Non Current Liabilities Total
Other Stockholder Equity	+ 0.89	Total Stockholder Equity
Total Liab	+ 0.89	Net Debt
Non Current Assets Total	+ 0.87	Total Assets

Common Stock	- 0.88	Total Liab
Total Liab	- 0.87	Total Stockholder Equity
Common Stock	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.85	Retained Earnings
Common Stock	- 0.84	Net Debt
Total Liab	- 0.81	Other Stockholder Equity