IBEX Selling And Marketing Expenses vs Tax Provision Analysis

IBEX Stock  USD 20.36  0.44  2.12%   
IBEX financial indicator trend analysis is infinitely more than just investigating IBEX recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IBEX is a good investment. Please check the relationship between IBEX Selling And Marketing Expenses and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy IBEX Stock please use our How to Invest in IBEX guide.

Selling And Marketing Expenses vs Tax Provision

Selling And Marketing Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IBEX Selling And Marketing Expenses account and Tax Provision. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between IBEX's Selling And Marketing Expenses and Tax Provision is -0.56. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of IBEX, assuming nothing else is changed. The correlation between historical values of IBEX's Selling And Marketing Expenses 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 Selling And Marketing Expenses of IBEX 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 Selling And Marketing Expenses i.e., IBEX's Selling And Marketing Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling And Marketing Expenses

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 IBEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IBEX 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 IBEX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy IBEX Stock please use our How to Invest in IBEX guide.At this time, IBEX's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 7.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 88.5 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization19.5M24.1M
Discontinued Operations17.8M18.7M

IBEX fundamental ratios Correlations

0.74-0.280.280.820.940.06-0.010.210.310.960.960.110.960.9-0.70.090.880.060.350.980.770.970.05-0.320.07
0.740.060.70.350.85-0.150.59-0.290.460.560.870.170.560.53-0.610.530.91-0.30.540.610.990.570.5-0.550.52
-0.280.060.5-0.58-0.240.140.49-0.75-0.53-0.3-0.190.24-0.3-0.490.390.1-0.140.21-0.42-0.30.06-0.340.46-0.130.13
0.280.70.5-0.170.310.020.75-0.750.30.120.410.650.120.12-0.330.670.39-0.330.320.160.710.140.9-0.540.68
0.820.35-0.58-0.170.670.04-0.520.670.130.850.690.010.850.86-0.75-0.230.550.330.110.850.40.88-0.28-0.18-0.26
0.940.85-0.240.310.67-0.020.220.10.410.850.98-0.080.850.77-0.580.190.98-0.120.490.890.850.840.05-0.290.18
0.06-0.150.140.020.04-0.02-0.10.09-0.210.030.020.010.030.110.13-0.36-0.10.35-0.30.15-0.090.09-0.080.31-0.35
-0.010.590.490.75-0.520.22-0.1-0.790.3-0.220.210.13-0.22-0.190.110.720.34-0.520.36-0.150.52-0.210.68-0.290.74
0.21-0.29-0.75-0.750.670.10.09-0.79-0.090.30.04-0.420.30.44-0.32-0.56-0.030.39-0.150.28-0.280.36-0.680.16-0.59
0.310.46-0.530.30.130.41-0.210.3-0.090.210.410.10.210.28-0.340.50.45-0.860.950.230.470.20.14-0.280.49
0.960.56-0.30.120.850.850.03-0.220.30.210.860.061.00.87-0.62-0.120.770.140.260.960.610.98-0.11-0.22-0.14
0.960.87-0.190.410.690.980.020.210.040.410.860.080.860.78-0.640.250.96-0.090.470.910.890.860.15-0.360.24
0.110.170.240.650.01-0.080.010.13-0.420.10.060.080.060.15-0.390.51-0.110.0-0.010.10.230.120.72-0.350.51
0.960.56-0.30.120.850.850.03-0.220.30.211.00.860.060.87-0.62-0.120.770.140.260.960.610.98-0.11-0.22-0.14
0.90.53-0.490.120.860.770.11-0.190.440.280.870.780.150.87-0.770.020.650.160.220.890.550.950.02-0.280.0
-0.7-0.610.39-0.33-0.75-0.580.130.11-0.32-0.34-0.62-0.64-0.39-0.62-0.77-0.21-0.54-0.06-0.29-0.62-0.65-0.7-0.320.61-0.18
0.090.530.10.67-0.230.19-0.360.72-0.560.5-0.120.250.51-0.120.02-0.210.25-0.550.47-0.030.47-0.070.7-0.421.0
0.880.91-0.140.390.550.98-0.10.34-0.030.450.770.96-0.110.770.65-0.540.25-0.230.560.790.910.740.12-0.380.24
0.06-0.30.21-0.330.33-0.120.35-0.520.39-0.860.14-0.090.00.140.16-0.06-0.55-0.23-0.890.18-0.280.19-0.210.21-0.55
0.350.54-0.420.320.110.49-0.30.36-0.150.950.260.47-0.010.260.22-0.290.470.56-0.890.240.550.220.12-0.30.47
0.980.61-0.30.160.850.890.15-0.150.280.230.960.910.10.960.89-0.62-0.030.790.180.240.660.97-0.08-0.2-0.04
0.770.990.060.710.40.85-0.090.52-0.280.470.610.890.230.610.55-0.650.470.91-0.280.550.660.620.49-0.580.46
0.970.57-0.340.140.880.840.09-0.210.360.20.980.860.120.980.95-0.7-0.070.740.190.220.970.62-0.04-0.27-0.09
0.050.50.460.9-0.280.05-0.080.68-0.680.14-0.110.150.72-0.110.02-0.320.70.12-0.210.12-0.080.49-0.04-0.440.7
-0.32-0.55-0.13-0.54-0.18-0.290.31-0.290.16-0.28-0.22-0.36-0.35-0.22-0.280.61-0.42-0.380.21-0.3-0.2-0.58-0.27-0.44-0.4
0.070.520.130.68-0.260.18-0.350.74-0.590.49-0.140.240.51-0.140.0-0.181.00.24-0.550.47-0.040.46-0.090.7-0.4
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IBEX Account Relationship Matchups

IBEX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets195.2M274.3M290.1M293.3M293.9M230.0M
Short Long Term Debt Total106.0M112.5M104.7M78.9M67.0M88.2M
Other Current Liab8.8M53.2M36.8M5.6M5.6M5.4M
Total Current Liabilities105.7M105.7M102.4M73.3M71.0M76.2M
Total Stockholder Equity16.1M80.7M100.3M150.0M165.8M174.1M
Property Plant And Equipment Net84.6M106.7M116.6M112.1M89.0M74.2M
Current Deferred Revenue3.5M4.1M8.6M6.4M4.7M4.5M
Net Debt84.1M54.7M55.9M21.5M4.3M4.1M
Retained Earnings(109.5M)(110.7M)(87.7M)(44.8M)(11.1M)(11.7M)
Accounts Payable53.2M6.0M21.3M18.7M16.4M18.9M
Cash21.9M57.8M48.8M57.4M62.7M33.8M
Non Current Assets Total109.2M132.9M146.9M134.7M113.9M108.9M
Non Currrent Assets Other7.4M6.7M5.5M5.9M8.2M8.3M
Cash And Short Term Investments21.9M57.8M48.8M57.4M62.7M33.8M
Net Receivables64.2M68.1M81.8M92.4M107.6M79.1M
Liabilities And Stockholders Equity195.2M274.3M290.1M293.3M293.9M230.0M
Non Current Liabilities Total73.4M87.9M87.5M70.1M57.1M56.9M
Other Current Assets64.2M14.7M18.1M14.8M9.6M15.7M
Total Liab179.1M193.6M189.8M143.4M128.1M161.6M
Total Current Assets86.0M141.4M143.3M158.6M180.0M121.1M
Accumulated Other Comprehensive Income29.5M33.2M33.2M(6.3M)(7.9M)(7.5M)
Short Term Debt40.1M38.8M28.5M26.5M25.4M30.3M
Intangible Assets2.8M3.2M3.0M21.1M700.0K665.0K
Other Liab7.6M14.2M11.1M4.6M5.3M8.1M
Net Tangible Assets1.5M65.6M85.4M117.1M134.6M141.4M
Other Assets9.7M10.9M15.0M10.8M9.7M13.1M
Long Term Debt3.8M1.8M338K600K540K513K
Short Term Investments585K1.4M340K731K840.7K786.1K
Property Plant Equipment84.6M106.7M116.6M91.0M104.7M75.1M
Net Invested Capital47.4M109.2M115.3M151.0M165.8M107.4M
Long Term Investments227K331K258K382K439.3K345.4K
Short Long Term Debt27.5M26.7M14.7M413K371.7K353.1K
Non Current Liabilities Other2.1M11.1M7.1M3.3M1.7M1.6M
Net Working Capital(19.6M)35.7M40.9M85.3M109.0M114.4M

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