Grab Income Before Tax vs Reconciled Depreciation Analysis

GRABW Stock  USD 0.44  0.01  2.22%   
Grab Holdings financial indicator trend analysis is much more than just examining Grab Holdings Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grab Holdings Limited is a good investment. Please check the relationship between Grab Holdings Income Before Tax and its Reconciled Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grab 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 labor statistics.
For more information on how to buy Grab Stock please use our How to Invest in Grab Holdings guide.

Income Before Tax vs Reconciled Depreciation

Income Before Tax vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grab Holdings Limited Income Before Tax account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Grab Holdings' Income Before Tax and Reconciled Depreciation is -0.9. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Grab Holdings Limited, assuming nothing else is changed. The correlation between historical values of Grab Holdings' Income Before Tax and Reconciled Depreciation 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 Before Tax of Grab Holdings Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Before Tax i.e., Grab Holdings' Income Before Tax and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Grab Holdings income statement and is an important metric when analyzing Grab Holdings Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Reconciled Depreciation

Most indicators from Grab Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grab 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grab 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 labor statistics.
For more information on how to buy Grab Stock please use our How to Invest in Grab Holdings guide.At this time, Grab Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 521.8 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization345M150M145M137.8M
Interest Income26M22M197M206.9M

Grab Holdings fundamental ratios Correlations

0.950.730.790.970.840.96-0.43-0.7-0.910.940.910.840.890.850.950.980.110.51-0.420.96-0.920.890.650.170.77
0.950.50.580.890.670.87-0.41-0.6-0.750.810.880.710.840.681.00.97-0.040.26-0.450.96-0.810.760.440.260.9
0.730.50.990.810.910.83-0.17-0.61-0.870.880.610.830.70.910.480.630.510.94-0.030.57-0.850.860.870.00.19
0.790.580.990.860.930.88-0.23-0.66-0.910.910.680.850.740.930.560.70.470.9-0.110.64-0.890.890.870.00.28
0.970.890.810.860.931.0-0.24-0.64-0.940.960.820.910.910.930.880.910.190.66-0.210.92-0.990.940.780.280.63
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0.960.870.830.881.00.94-0.24-0.67-0.950.970.820.910.90.950.860.90.220.69-0.210.9-0.990.940.810.250.59
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0.890.840.70.740.910.850.9-0.31-0.35-0.880.940.640.960.860.850.81-0.150.61-0.170.94-0.890.960.770.510.59
0.850.680.910.930.931.00.95-0.18-0.59-0.980.950.660.940.860.670.740.230.84-0.10.78-0.960.940.950.250.32
0.951.00.480.560.880.660.86-0.41-0.56-0.750.810.860.720.850.670.96-0.090.25-0.440.97-0.80.770.440.30.9
0.980.970.630.70.910.740.9-0.52-0.76-0.830.860.960.710.810.740.960.110.36-0.550.93-0.830.780.50.050.85
0.11-0.040.510.470.190.240.220.29-0.51-0.140.130.290.04-0.150.23-0.090.110.450.21-0.17-0.250.10.17-0.48-0.12
0.510.260.940.90.660.850.690.08-0.33-0.750.760.310.80.610.840.250.360.450.270.4-0.750.790.910.18-0.1
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0.960.960.570.640.920.770.9-0.42-0.5-0.840.890.790.840.940.780.970.93-0.170.4-0.38-0.860.870.60.390.8
-0.92-0.81-0.85-0.89-0.99-0.96-0.990.110.590.94-0.95-0.74-0.94-0.89-0.96-0.8-0.83-0.25-0.750.07-0.86-0.95-0.85-0.33-0.5
0.890.760.860.890.940.930.94-0.22-0.43-0.930.980.650.990.960.940.770.780.10.79-0.060.87-0.950.870.40.47
0.650.440.870.870.780.950.81-0.02-0.37-0.880.850.390.90.770.950.440.50.170.910.120.6-0.850.870.350.03
0.170.260.00.00.280.250.250.430.51-0.150.25-0.20.490.510.250.30.05-0.480.180.530.39-0.330.40.350.11
0.770.90.190.280.630.30.59-0.48-0.48-0.440.530.810.40.590.320.90.85-0.12-0.1-0.560.8-0.50.470.030.11
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Grab Holdings Account Relationship Matchups

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When running Grab Holdings' price analysis, check to measure Grab Holdings' 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 Grab Holdings is operating at the current time. Most of Grab Holdings' value examination focuses on studying past and present price action to predict the probability of Grab Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grab Holdings' price. Additionally, you may evaluate how the addition of Grab Holdings to your portfolios can decrease your overall portfolio volatility.