EGT Stock | | | CAD 0.01 0.00 0.00% |
Eguana Technologies financial indicator trend analysis is much more than just examining Eguana Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eguana Technologies is a good investment. Please check the relationship between Eguana Technologies Selling And Marketing Expenses and its Income Tax Expense accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eguana Technologies. 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 Income Tax Expense
Selling And Marketing Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eguana Technologies Selling And Marketing Expenses account and
Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eguana Technologies' Selling And Marketing Expenses and Income Tax Expense is 0.33. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Eguana Technologies, assuming nothing else is changed. The correlation between historical values of Eguana Technologies' Selling And Marketing Expenses and Income Tax Expense 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 Eguana Technologies are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling And Marketing Expenses i.e., Eguana Technologies' Selling And Marketing Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
Income Tax Expense
Most indicators from Eguana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eguana Technologies 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 Eguana Technologies. 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.
At this time, Eguana Technologies'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 37.7
K in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(10.01) in 2024.
Eguana Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Eguana Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eguana Technologies fundamental ratios Accounts
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Additional Tools for Eguana Stock Analysis
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