ESGL Ebitda vs Tax Provision Analysis

ESGLW Stock   0.02  0  22.82%   
ESGL Holdings financial indicator trend analysis is much more than just examining ESGL Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESGL Holdings Limited is a good investment. Please check the relationship between ESGL Holdings Ebitda and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESGL Holdings 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 bureau of economic analysis.

Ebitda vs Tax Provision

Ebitda vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESGL Holdings Limited Ebitda account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ESGL Holdings' Ebitda and Tax Provision is 0.49. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Tax Provision in the same time period over historical financial statements of ESGL Holdings Limited, assuming nothing else is changed. The correlation between historical values of ESGL Holdings' Ebitda 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 Ebitda of ESGL Holdings 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 Ebitda i.e., ESGL Holdings' Ebitda and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Ebitda

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 ESGL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESGL Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESGL Holdings 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 bureau of economic analysis.
Tax Provision is likely to climb to about 139.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.6M3.2M4.3M3.1M
Total Revenue4.0M5.0M6.2M4.9M

ESGL Holdings fundamental ratios Correlations

0.890.91.00.31-0.71-0.30.931.0-0.250.670.980.9-0.930.930.911.00.51-0.640.65-0.850.96-0.89
0.890.610.870.31-0.88-0.320.940.89-0.230.910.840.75-0.891.00.670.890.53-0.560.79-0.920.94-0.9
0.90.610.910.21-0.42-0.20.730.9-0.20.320.920.87-0.770.670.940.90.35-0.570.38-0.610.79-0.71
1.00.870.910.32-0.69-0.320.931.0-0.280.650.990.9-0.930.910.921.00.52-0.660.63-0.840.95-0.88
0.310.310.210.320.0-0.950.460.34-0.930.030.42-0.1-0.340.340.490.30.86-0.76-0.04-0.260.44-0.05
-0.71-0.88-0.42-0.690.00.1-0.76-0.70.04-0.87-0.65-0.650.83-0.86-0.47-0.72-0.410.45-0.980.94-0.730.94
-0.3-0.32-0.2-0.32-0.950.1-0.51-0.340.99-0.05-0.440.10.44-0.35-0.5-0.3-0.920.84-0.090.34-0.390.12
0.930.940.730.930.46-0.76-0.510.94-0.440.770.930.76-0.960.960.820.930.65-0.710.68-0.880.93-0.85
1.00.890.91.00.34-0.7-0.340.94-0.290.660.990.89-0.930.930.921.00.53-0.660.64-0.850.97-0.88
-0.25-0.23-0.2-0.28-0.930.040.99-0.44-0.290.06-0.40.150.4-0.26-0.5-0.26-0.910.85-0.050.29-0.330.07
0.670.910.320.650.03-0.87-0.050.770.660.060.570.65-0.690.870.330.680.24-0.210.77-0.780.73-0.79
0.980.840.920.990.42-0.65-0.440.930.99-0.40.570.84-0.940.890.960.980.61-0.750.6-0.830.94-0.84
0.90.750.870.9-0.1-0.650.10.760.890.150.650.84-0.780.780.740.90.1-0.290.58-0.690.79-0.84
-0.93-0.89-0.77-0.93-0.340.830.44-0.96-0.930.4-0.69-0.94-0.78-0.92-0.85-0.93-0.650.76-0.80.94-0.890.92
0.931.00.670.910.34-0.86-0.350.960.93-0.260.870.890.78-0.920.740.930.56-0.60.77-0.920.96-0.91
0.910.670.940.920.49-0.47-0.50.820.92-0.50.330.960.74-0.850.740.910.65-0.810.45-0.710.85-0.72
1.00.890.91.00.3-0.72-0.30.931.0-0.260.680.980.9-0.930.930.910.5-0.640.65-0.850.96-0.89
0.510.530.350.520.86-0.41-0.920.650.53-0.910.240.610.1-0.650.560.650.5-0.960.42-0.640.61-0.43
-0.64-0.56-0.57-0.66-0.760.450.84-0.71-0.660.85-0.21-0.75-0.290.76-0.6-0.81-0.64-0.96-0.470.7-0.670.54
0.650.790.380.63-0.04-0.98-0.090.680.64-0.050.770.60.58-0.80.770.450.650.42-0.47-0.930.66-0.91
-0.85-0.92-0.61-0.84-0.260.940.34-0.88-0.850.29-0.78-0.83-0.690.94-0.92-0.71-0.85-0.640.7-0.93-0.870.96
0.960.940.790.950.44-0.73-0.390.930.97-0.330.730.940.79-0.890.960.850.960.61-0.670.66-0.87-0.86
-0.89-0.9-0.71-0.88-0.050.940.12-0.85-0.880.07-0.79-0.84-0.840.92-0.91-0.72-0.89-0.430.54-0.910.96-0.86
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ESGL Holdings Account Relationship Matchups

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