Grab Income Tax Expense vs Tax Provision 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 Tax Expense and its Tax Provision 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 Tax Expense vs Tax Provision

Income Tax Expense vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grab Holdings Limited Income Tax Expense account and Tax Provision. At this time, the significance of the direction appears to have totally related.
The correlation between Grab Holdings' Income Tax Expense and Tax Provision is 1.0. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Tax Provision 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 Tax Expense 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 Income Tax Expense of Grab 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 Income Tax Expense i.e., Grab Holdings' Income Tax Expense and Tax Provision go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

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 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

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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.