Genuit Tax Provision vs Ebitda Analysis

GEN Stock   369.50  5.50  1.51%   
Genuit Group financial indicator trend analysis is much more than just examining Genuit Group plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genuit Group plc is a good investment. Please check the relationship between Genuit Group Tax Provision and its Ebitda accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuit Group plc. 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 vs Ebitda

Tax Provision vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genuit Group plc Tax Provision account and Ebitda. At this time, the significance of the direction appears to have weak relationship.
The correlation between Genuit Group's Tax Provision and Ebitda is 0.34. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebitda in the same time period over historical financial statements of Genuit Group plc, assuming nothing else is changed. The correlation between historical values of Genuit Group's Tax Provision and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Genuit Group plc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Tax Provision i.e., Genuit Group's Tax Provision and Ebitda go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Ebitda

Most indicators from Genuit Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genuit Group plc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuit Group plc. 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.
At present, Genuit Group's Discontinued Operations is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense7M13.6M12.2M6.8M
Depreciation And Amortization40.2M41.5M47.7M26.2M

Genuit Group fundamental ratios Correlations

0.480.720.950.980.970.470.780.890.011.00.390.010.980.990.910.70.970.61-0.230.870.96-0.64-0.38-0.19-0.27
0.480.420.450.290.330.960.330.490.080.490.120.080.330.520.260.950.580.19-0.30.850.44-0.42-0.19-0.22-0.15
0.720.420.780.680.680.530.720.58-0.360.730.18-0.370.720.760.630.560.710.61-0.480.70.64-0.62-0.620.08-0.26
0.950.450.780.920.90.440.880.950.010.940.150.010.950.960.790.630.930.61-0.420.840.94-0.79-0.55-0.14-0.27
0.980.290.680.920.990.290.760.85-0.010.970.41-0.010.990.960.940.550.920.62-0.170.750.95-0.59-0.35-0.15-0.27
0.970.330.680.90.990.340.760.83-0.070.970.41-0.070.960.950.930.570.910.63-0.190.760.92-0.57-0.33-0.05-0.3
0.470.960.530.440.290.340.360.42-0.190.490.13-0.190.330.530.290.920.530.26-0.370.820.36-0.39-0.27-0.11-0.17
0.780.330.720.880.760.760.360.88-0.130.78-0.12-0.130.770.80.590.460.790.5-0.760.670.73-0.85-0.830.0-0.19
0.890.490.580.950.850.830.420.880.170.880.060.170.860.890.690.630.910.5-0.470.820.91-0.8-0.54-0.24-0.21
0.010.08-0.360.01-0.01-0.07-0.19-0.130.17-0.04-0.151.0-0.02-0.07-0.170.050.11-0.450.250.040.21-0.080.31-0.40.43
1.00.490.730.940.970.970.490.780.88-0.040.4-0.040.980.990.910.710.960.6-0.240.870.94-0.64-0.39-0.18-0.28
0.390.120.180.150.410.410.13-0.120.06-0.150.4-0.160.350.350.620.320.340.420.50.280.350.220.33-0.23-0.39
0.010.08-0.370.01-0.01-0.07-0.19-0.130.171.0-0.04-0.16-0.03-0.07-0.170.050.1-0.450.250.040.21-0.080.31-0.40.44
0.980.330.720.950.990.960.330.770.86-0.020.980.35-0.030.970.90.570.910.58-0.20.780.94-0.62-0.38-0.21-0.25
0.990.520.760.960.960.950.530.80.89-0.070.990.35-0.070.970.890.730.950.62-0.290.890.94-0.68-0.42-0.17-0.3
0.910.260.630.790.940.930.290.590.69-0.170.910.62-0.170.90.890.520.830.69-0.020.680.85-0.4-0.22-0.12-0.45
0.70.950.560.630.550.570.920.460.630.050.710.320.050.570.730.520.770.34-0.250.950.65-0.48-0.22-0.26-0.19
0.970.580.710.930.920.910.530.790.910.110.960.340.10.910.950.830.770.56-0.310.910.96-0.66-0.43-0.19-0.24
0.610.190.610.610.620.630.260.50.5-0.450.60.42-0.450.580.620.690.340.56-0.190.480.59-0.38-0.330.28-0.67
-0.23-0.3-0.48-0.42-0.17-0.19-0.37-0.76-0.470.25-0.240.50.25-0.2-0.29-0.02-0.25-0.31-0.19-0.34-0.180.70.93-0.130.07
0.870.850.70.840.750.760.820.670.820.040.870.280.040.780.890.680.950.910.48-0.340.83-0.65-0.37-0.24-0.24
0.960.440.640.940.950.920.360.730.910.210.940.350.210.940.940.850.650.960.59-0.180.83-0.65-0.32-0.21-0.24
-0.64-0.42-0.62-0.79-0.59-0.57-0.39-0.85-0.8-0.08-0.640.22-0.08-0.62-0.68-0.4-0.48-0.66-0.380.7-0.65-0.650.73-0.010.14
-0.38-0.19-0.62-0.55-0.35-0.33-0.27-0.83-0.540.31-0.390.330.31-0.38-0.42-0.22-0.22-0.43-0.330.93-0.37-0.320.73-0.080.11
-0.19-0.220.08-0.14-0.15-0.05-0.110.0-0.24-0.4-0.18-0.23-0.4-0.21-0.17-0.12-0.26-0.190.28-0.13-0.24-0.21-0.01-0.08-0.18
-0.27-0.15-0.26-0.27-0.27-0.3-0.17-0.19-0.210.43-0.28-0.390.44-0.25-0.3-0.45-0.19-0.24-0.670.07-0.24-0.240.140.11-0.18
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Genuit Group Account Relationship Matchups

Genuit Group fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets699.8M1.0B1.0B978.8M1.1B720.0M
Short Long Term Debt Total71.8M218M216.2M166.3M191.2M187.9M
Other Current Liab21.9M30.7M33.8M38.3M44.0M28.5M
Total Current Liabilities119.1M140.6M132.6M130.8M150.4M109.2M
Total Stockholder Equity500.9M617.7M627.1M636.6M732.1M404.0M
Property Plant And Equipment Net147.1M172.3M192.2M199.3M229.2M136.0M
Net Debt27.7M165.7M166.2M149.3M171.7M147.2M
Retained Earnings382.7M406.4M415.7M425.2M489.0M290.4M
Accounts Payable75.1M94.1M85.1M73.9M85.0M68.5M
Cash44.1M52.3M50M17M19.6M18.6M
Non Current Assets Total540.9M815.1M807.3M796.1M915.5M567.2M
Non Currrent Assets Other(520.3M)(542.4M)(540.9M)(1.0)(0.9)(0.94)
Cash And Short Term Investments44.1M52.3M50M17M19.6M18.6M
Net Receivables52.7M69.7M60.5M66.2M76.1M39.8M
Good Will345.4M467.7M455.4M454.1M522.2M366.2M
Common Stock Shares Outstanding220.7M248.3M250.4M249.2M286.6M234.5M
Liabilities And Stockholders Equity699.8M1.0B1.0B978.8M1.1B720.0M
Non Current Liabilities Total79.8M267.7M268.5M211.4M243.1M206.7M
Inventory52.6M80.8M89.9M69.2M79.6M60.5M
Other Current Assets10.6M8.1M20.5M30.3M34.8M36.6M
Other Stockholder Equity1.0118M93.6M93.6M84.2M61.3M
Total Liab198.9M408.3M401.1M342.2M393.5M315.9M
Total Current Assets158.9M210.9M220.9M182.7M210.1M152.7M
Short Term Debt3.5M(25.8M)5.8M5M4.5M4.7M
Accumulated Other Comprehensive Income118M117.5M117.6M117.6M135.2M142.0M
Intangible Assets48.4M175.1M159.7M142.7M164.1M94.0M
Net Tangible Assets(40.4M)107.1M(23.3M)15.9M18.3M19.2M
Long Term Debt58.9M197.4M193.1M142.9M128.6M135.4M
Net Invested Capital559.8M815.1M820.2M779.5M896.4M716.8M
Net Working Capital39.8M70.3M88.3M51.9M59.7M56.9M
Property Plant Equipment140.6M147.1M172.3M192.2M221.0M159.4M
Capital Lease Obligations12.9M20.6M23.1M23.4M26.9M20.9M
Property Plant And Equipment Gross227.6M262.5M288.9M303.1M348.6M294.4M

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Other Information on Investing in Genuit Stock

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