Foods Income Tax Expense vs Net Income From Continuing Ops Analysis

FOODSIN Stock   116.14  2.11  1.78%   
Foods Inns financial indicator trend analysis is much more than just examining Foods Inns Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foods Inns Limited is a good investment. Please check the relationship between Foods Inns Income Tax Expense and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foods Inns 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 state.

Income Tax Expense vs Net Income From Continuing Ops

Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foods Inns Limited Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Foods Inns' Income Tax Expense and Net Income From Continuing Ops is -0.43. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Foods Inns Limited, assuming nothing else is changed. The correlation between historical values of Foods Inns' Income Tax Expense and Net Income From Continuing Ops 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 Foods Inns Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., Foods Inns' Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Tax Expense

Net Income From Continuing Ops

Most indicators from Foods Inns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foods Inns 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 Foods Inns 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 state.
As of the 29th of November 2024, Selling General Administrative is likely to grow to about 479.3 M. Also, Tax Provision is likely to grow to about 290.7 M
 2021 2022 2023 2024 (projected)
Interest Expense133.3M276.6M489.3M513.7M
Depreciation And Amortization133.1M140.3M164.0M107.2M

Foods Inns fundamental ratios Correlations

0.95-0.320.760.970.820.950.620.380.820.390.790.980.860.50.990.920.860.811.00.670.740.170.260.9-0.14
0.95-0.260.740.850.741.00.460.540.720.270.860.930.740.550.950.860.780.80.950.480.810.070.090.73-0.11
-0.32-0.26-0.48-0.32-0.36-0.27-0.71-0.1-0.45-0.13-0.13-0.36-0.510.19-0.28-0.31-0.45-0.37-0.3-0.58-0.3-0.16-0.06-0.36-0.39
0.760.74-0.480.70.930.740.740.550.940.530.680.750.910.110.750.660.580.950.750.680.90.160.310.620.06
0.970.85-0.320.70.820.850.640.280.820.450.710.960.870.430.950.90.890.740.970.750.640.260.360.97-0.21
0.820.74-0.360.930.820.750.740.460.990.510.660.810.930.320.820.70.650.960.820.80.880.170.380.77-0.17
0.951.0-0.270.740.850.750.470.520.720.270.850.940.740.560.960.870.790.810.960.490.810.080.090.74-0.11
0.620.46-0.710.740.640.740.470.030.810.510.330.620.80.080.610.510.460.710.60.810.50.140.450.650.23
0.380.54-0.10.550.280.460.520.030.420.150.770.420.390.160.40.220.280.550.390.20.72-0.18-0.030.13-0.13
0.820.72-0.450.940.820.990.720.810.420.530.630.810.950.260.810.70.650.940.810.840.840.180.40.79-0.1
0.390.27-0.130.530.450.510.270.510.150.530.450.410.53-0.220.410.180.150.40.370.470.290.220.830.4-0.28
0.790.86-0.130.680.710.660.850.330.770.630.450.820.650.420.820.590.560.720.80.40.780.030.330.54-0.18
0.980.93-0.360.750.960.810.940.620.420.810.410.820.850.490.980.870.850.80.980.680.730.160.310.89-0.15
0.860.74-0.510.910.870.930.740.80.390.950.530.650.850.140.820.780.750.860.840.810.760.290.40.840.01
0.50.550.190.110.430.320.560.080.160.26-0.220.420.490.140.570.40.320.410.530.180.41-0.21-0.030.36-0.24
0.990.95-0.280.750.950.820.960.610.40.810.410.820.980.820.570.880.810.830.990.650.760.150.30.87-0.17
0.920.86-0.310.660.90.70.870.510.220.70.180.590.870.780.40.880.90.680.920.540.610.260.030.870.0
0.860.78-0.450.580.890.650.790.460.280.650.150.560.850.750.320.810.90.580.860.650.560.30.050.89-0.11
0.810.8-0.370.950.740.960.810.710.550.940.40.720.80.860.410.830.680.580.810.680.950.060.280.64-0.02
1.00.95-0.30.750.970.820.960.60.390.810.370.80.980.840.530.990.920.860.810.650.740.170.260.89-0.14
0.670.48-0.580.680.750.80.490.810.20.840.470.40.680.810.180.650.540.650.680.650.540.010.40.8-0.22
0.740.81-0.30.90.640.880.810.50.720.840.290.780.730.760.410.760.610.560.950.740.540.050.170.51-0.06
0.170.07-0.160.160.260.170.080.14-0.180.180.220.030.160.29-0.210.150.260.30.060.170.010.050.340.270.16
0.260.09-0.060.310.360.380.090.45-0.030.40.830.330.310.4-0.030.30.030.050.280.260.40.170.340.31-0.14
0.90.73-0.360.620.970.770.740.650.130.790.40.540.890.840.360.870.870.890.640.890.80.510.270.31-0.25
-0.14-0.11-0.390.06-0.21-0.17-0.110.23-0.13-0.1-0.28-0.18-0.150.01-0.24-0.170.0-0.11-0.02-0.14-0.22-0.060.16-0.14-0.25
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Foods Inns Account Relationship Matchups

Foods Inns fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.3B5.7B8.1B10.3B10.8B
Short Long Term Debt Total1.3B1.6B2.2B3.4B4.7B4.9B
Other Current Liab146.3M96.5M138.3M260.4M228.8M303.2M
Total Current Liabilities2.3B2.3B3.3B4.4B5.3B2.8B
Total Stockholder Equity1.8B1.8B2.0B3.1B4.0B4.2B
Property Plant And Equipment Net1.2B1.3B1.8B2.2B2.8B1.4B
Net Debt1.3B1.5B2.2B3.3B4.5B4.8B
Accounts Payable785.2M630.3M1.3B1.2B940.7M570.0M
Cash23.3M100.0M25.0M123.1M154.7M81.1M
Non Current Assets Total1.5B1.6B2.1B2.6B3.1B1.6B
Non Currrent Assets Other145.4M67.1M121.8M248.9M96.4M105.3M
Cash And Short Term Investments23.3M101.0M28.3M293.7M238.8M250.8M
Net Receivables819.8M825.2M946.2M1.5B1.8B1.8B
Liabilities And Stockholders Equity4.2B4.3B5.7B8.1B10.3B10.8B
Non Current Liabilities Total130.3M130.1M513.8M591.1M943.6M990.8M
Inventory1.4B1.3B2.1B3.3B3.8B4.0B
Other Current Assets423.9M410.4M563.2M499.9M1.4B1.4B
Other Stockholder Equity216.0M446.1M477.3M267.0M816.9M857.7M
Total Liab2.4B2.4B3.8B5.0B6.3B3.3B
Total Current Assets2.7B2.7B3.6B5.6B7.2B7.6B
Common Stock16.4M16.8M50.3M50.9M56.8M30.8M
Short Term Debt1.2B1.5B1.7B2.9B3.9B2.0B
Current Deferred Revenue126.3M168.7M55.3M255.9M189.0M211.6M
Short Term Investments72.7M1.0M3.4M170.6M2.0M1.9M
Retained Earnings1.2B1.3B1.3B1.4B2.2B2.3B
Accumulated Other Comprehensive Income260.8M261.3M263.7M909.2M876.4M468.6M
Intangible Assets13.1M11.9M10.5M9.3M7.4M7.0M
Long Term Debt119.9M122.9M433.2M551.7M794.7M834.4M
Net Invested Capital3.1B3.5B4.1B6.5B8.7B5.2B
Short Long Term Debt1.2B1.5B1.7B2.8B3.9B2.2B
Net Working Capital393.9M351.3M373.7M1.2B1.9B1.9B

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Other Information on Investing in Foods Stock

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