Dow Income Tax Expense vs Research Development Analysis

DOW Stock  USD 45.46  0.65  1.45%   
Dow financial indicator trend analysis is much more than just examining Dow Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dow Inc is a good investment. Please check the relationship between Dow Income Tax Expense and its Research Development accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Income Tax Expense vs Research Development

Income Tax Expense vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dow Inc Income Tax Expense account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dow's Income Tax Expense and Research Development is -0.04. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Research Development in the same time period over historical financial statements of Dow Inc, assuming nothing else is changed. The correlation between historical values of Dow's Income Tax Expense and Research Development 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 Tax Expense of Dow Inc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Tax Expense i.e., Dow's Income Tax Expense and Research Development go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Research Development

Most indicators from Dow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dow Inc 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 Dow Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Dow's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 187.2 M in 2024, despite the fact that Tax Provision is likely to grow to (3.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit10.8B8.6B5.1B6.7B
Total Revenue55.0B56.9B44.6B40.4B

Dow fundamental ratios Correlations

0.760.790.480.570.440.440.95-0.460.450.810.90.39-0.130.810.07-0.380.78-0.370.21-0.590.77-0.120.570.870.05
0.760.550.180.250.210.10.73-0.110.10.710.640.16-0.260.560.29-0.320.68-0.070.46-0.260.54-0.110.580.660.28
0.790.550.540.720.590.510.63-0.610.520.740.810.49-0.190.58-0.3-0.390.77-0.49-0.17-0.520.840.250.290.86-0.2
0.480.180.540.840.050.570.44-0.070.570.120.33-0.050.510.14-0.520.20.12-0.05-0.45-0.090.27-0.01-0.040.44-0.36
0.570.250.720.840.140.450.5-0.210.450.370.480.00.410.27-0.480.10.4-0.1-0.4-0.260.45-0.04-0.070.57-0.4
0.440.210.590.050.140.560.33-0.910.560.490.710.97-0.660.62-0.41-0.860.39-0.97-0.34-0.520.840.560.240.51-0.28
0.440.10.510.570.450.560.27-0.551.00.230.470.56-0.080.47-0.5-0.360.15-0.61-0.45-0.550.630.140.230.62-0.56
0.950.730.630.440.50.330.27-0.350.280.70.840.29-0.040.750.1-0.330.63-0.280.23-0.450.6-0.190.540.670.18
-0.46-0.11-0.61-0.07-0.21-0.91-0.55-0.35-0.55-0.55-0.75-0.90.6-0.660.340.8-0.410.890.290.6-0.84-0.37-0.08-0.530.25
0.450.10.520.570.450.561.00.28-0.550.230.480.56-0.080.48-0.5-0.360.16-0.61-0.45-0.550.640.130.230.62-0.56
0.810.710.740.120.370.490.230.7-0.550.230.860.44-0.510.80.23-0.590.88-0.360.35-0.730.82-0.160.390.810.12
0.90.640.810.330.480.710.470.84-0.750.480.860.65-0.440.88-0.08-0.70.71-0.630.05-0.650.90.030.380.80.0
0.390.160.49-0.050.00.970.560.29-0.90.560.440.65-0.680.65-0.35-0.860.32-0.98-0.3-0.540.790.520.350.45-0.3
-0.13-0.26-0.190.510.41-0.66-0.08-0.040.6-0.08-0.51-0.44-0.68-0.49-0.190.88-0.320.58-0.220.41-0.53-0.23-0.16-0.25-0.19
0.810.560.580.140.270.620.470.75-0.660.480.80.880.65-0.490.06-0.70.62-0.610.16-0.730.81-0.130.570.72-0.1
0.070.29-0.3-0.52-0.48-0.41-0.50.10.34-0.50.23-0.08-0.35-0.190.060.120.270.460.98-0.05-0.23-0.490.240.00.65
-0.38-0.32-0.390.20.1-0.86-0.36-0.330.8-0.36-0.59-0.7-0.860.88-0.70.12-0.330.790.050.55-0.74-0.22-0.22-0.39-0.02
0.780.680.770.120.40.390.150.63-0.410.160.880.710.32-0.320.620.27-0.33-0.280.38-0.590.730.040.480.850.12
-0.37-0.07-0.49-0.05-0.1-0.97-0.61-0.280.89-0.61-0.36-0.63-0.980.58-0.610.460.79-0.280.410.51-0.76-0.58-0.27-0.430.39
0.210.46-0.17-0.45-0.4-0.34-0.450.230.29-0.450.350.05-0.3-0.220.160.980.050.380.41-0.1-0.11-0.470.340.130.66
-0.59-0.26-0.52-0.09-0.26-0.52-0.55-0.450.6-0.55-0.73-0.65-0.540.41-0.73-0.050.55-0.590.51-0.1-0.740.25-0.36-0.690.15
0.770.540.840.270.450.840.630.6-0.840.640.820.90.79-0.530.81-0.23-0.740.73-0.76-0.11-0.740.230.380.86-0.26
-0.12-0.110.25-0.01-0.040.560.14-0.19-0.370.13-0.160.030.52-0.23-0.13-0.49-0.220.04-0.58-0.470.250.230.010.02-0.3
0.570.580.29-0.04-0.070.240.230.54-0.080.230.390.380.35-0.160.570.24-0.220.48-0.270.34-0.360.380.010.490.01
0.870.660.860.440.570.510.620.67-0.530.620.810.80.45-0.250.720.0-0.390.85-0.430.13-0.690.860.020.49-0.16
0.050.28-0.2-0.36-0.4-0.28-0.560.180.25-0.560.120.0-0.3-0.19-0.10.65-0.020.120.390.660.15-0.26-0.30.01-0.16
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Dow Account Relationship Matchups

Dow fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.5B61.5B63.0B60.6B58.0B54.5B
Total Current Liabilities10.7B11.1B13.2B11.3B10.0B9.8B
Total Stockholder Equity13.5B12.4B18.2B20.7B18.6B17.2B
Net Tangible Assets986M175M6.5B9.6B11.1B8.1B
Retained Earnings17.0B16.4B20.6B23.2B21.8B24.4B
Accounts Payable3.9B3.8B5.6B4.9B4.5B6.3B
Cash2.4B5.1B3.0B3.9B3.0B3.9B
Non Current Assets Total43.7B42.4B42.1B40.1B40.4B36.6B
Non Currrent Assets Other1.9B1.7B1.9B2.0B1.3B1.2B
Cash And Short Term Investments2.4B5.1B3.0B3.9B3.0B3.9B
Net Receivables7.6B5.3B7.3B6.3B5.2B7.2B
Good Will8.8B8.9B8.8B8.6B8.6B9.4B
Long Term Debt Total16.0B16.5B14.3B14.7B13.2B14.1B
Liabilities And Stockholders Equity60.5B61.5B63.0B60.6B58.0B54.5B
Non Current Liabilities Total35.8B37.4B31.0B28.0B28.9B24.8B
Capital Surpluse7.3B7.6B8.2B8.5B9.8B5.8B
Inventory6.2B5.7B7.4B7.0B6.1B5.9B
Other Stockholder Equity6.7B6.9B6.5B4.7B4.5B4.7B
Total Liab46.4B48.5B44.3B39.4B38.9B34.6B
Deferred Long Term Liab789M1.2B1.5B1.3B1.5B1.1B
Long Term Investments4.0B4.1B5.2B4.4B4.0B4.9B
Property Plant And Equipment Gross23.1B22.1B59.0B59.3B61.5B37.5B
Total Current Assets16.8B19.1B20.8B20.5B17.6B17.9B
Non Current Liabilities Other6.5B7.3B7.5B7.4B7.6B9.9B
Short Term Debt1.4B1.4B1.0B1.3B837M1.1B
Intangible Assets3.8B3.4B2.9B2.4B2.1B3.4B
Property Plant Equipment23.1B22.1B22.0B21.7B24.9B22.3B
Short Term Investments21M45M245M939M1.7B1.8B
Other Current Assets658M3.0B3.2B3.3B3.4B3.6B
Other Liab17.9B19.2B15.6B12.3B11.1B12.8B
Long Term Debt15.6B16.5B14.3B14.7B14.0B13.6B
Short Long Term Debt1.0B616M392M724M179M170.1M

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