Globalink Operating Income vs Tax Provision Analysis
| GLLIW Stock | USD 0.02 0.0007 3.63% |
Globalink Investment financial indicator trend analysis is much more than just examining Globalink Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globalink Investment is a good investment. Please check the relationship between Globalink Investment Operating Income and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Operating Income vs Tax Provision
Operating Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globalink Investment Operating Income account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Globalink Investment's Operating Income and Tax Provision is -0.71. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Globalink Investment Warrants, assuming nothing else is changed. The correlation between historical values of Globalink Investment's Operating Income 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 Operating Income of Globalink Investment Warrants 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 Operating Income i.e., Globalink Investment's Operating Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Globalink Investment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Globalink Investment Warrants is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 Globalink Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globalink Investment 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Globalink Investment's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 55.83 in 2024, whereas Selling General Administrative is likely to drop slightly above 819.6 K in 2024.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 1.7M | 3.5M | 2.9M | Tax Provision | 308.2K | 637.8K | 520.3K |
Globalink Investment fundamental ratios Correlations
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Globalink Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Globalink Investment's price analysis, check to measure Globalink Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalink Investment is operating at the current time. Most of Globalink Investment's value examination focuses on studying past and present price action to predict the probability of Globalink Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalink Investment's price. Additionally, you may evaluate how the addition of Globalink Investment to your portfolios can decrease your overall portfolio volatility.