ILFS Income Tax Expense vs Cost Of Revenue Analysis

IVC Stock   11.11  0.17  1.55%   
ILFS Investment financial indicator trend analysis is infinitely more than just investigating ILFS Investment Managers recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ILFS Investment Managers is a good investment. Please check the relationship between ILFS Investment Income Tax Expense and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ILFS Investment Managers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ILFS Investment Managers Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between ILFS Investment's Income Tax Expense and Cost Of Revenue is 0.69. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of ILFS Investment Managers, assuming nothing else is changed. The correlation between historical values of ILFS Investment's Income Tax Expense and Cost Of Revenue 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 ILFS Investment Managers are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., ILFS Investment's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on ILFS Investment Managers income statement and represents the costs associated with goods and services ILFS Investment provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from ILFS Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ILFS Investment Managers 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 ILFS Investment Managers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 59.4 M, whereas Selling General Administrative is forecasted to decline to about 208.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit265.3M491.2M530.4M756.0M
Total Revenue416.5M644.5M661.7M927.9M

ILFS Investment fundamental ratios Correlations

0.950.820.880.250.150.390.540.70.740.44-0.020.70.270.65-0.410.010.27-0.19-0.160.070.330.06-0.04-0.310.12
0.950.670.830.45-0.090.460.520.460.570.590.020.820.080.62-0.46-0.130.08-0.42-0.330.210.140.260.05-0.250.0
0.820.670.92-0.040.35-0.060.620.90.96-0.09-0.360.390.670.77-0.210.430.750.340.08-0.090.74-0.32-0.38-0.570.52
0.880.830.920.240.050.010.630.70.860.11-0.360.640.530.86-0.310.290.60.07-0.110.070.61-0.13-0.28-0.550.44
0.250.45-0.040.24-0.280.210.13-0.3-0.070.430.180.72-0.160.4-0.56-0.48-0.2-0.57-0.15-0.02-0.120.380.26-0.18-0.28
0.15-0.090.350.05-0.28-0.160.080.60.38-0.340.13-0.220.370.1-0.040.170.380.630.52-0.470.33-0.43-0.25-0.250.26
0.390.46-0.060.010.21-0.16-0.03-0.05-0.150.890.630.25-0.52-0.22-0.17-0.63-0.61-0.77-0.280.13-0.530.460.450.27-0.6
0.540.520.620.630.130.08-0.030.390.480.03-0.240.330.30.58-0.410.350.360.09-0.230.270.290.14-0.29-0.50.23
0.70.460.90.7-0.30.6-0.050.390.93-0.19-0.230.160.710.53-0.120.440.720.480.31-0.290.73-0.47-0.33-0.390.45
0.740.570.960.86-0.070.38-0.150.480.93-0.16-0.320.380.790.71-0.280.510.820.40.27-0.280.83-0.45-0.35-0.520.53
0.440.59-0.090.110.43-0.340.890.03-0.19-0.160.620.56-0.55-0.1-0.37-0.61-0.66-0.88-0.40.26-0.570.530.490.31-0.61
-0.020.02-0.36-0.360.180.130.63-0.24-0.23-0.320.620.1-0.47-0.46-0.37-0.4-0.6-0.460.24-0.31-0.530.30.610.37-0.45
0.70.820.390.640.72-0.220.250.330.160.380.560.10.110.57-0.69-0.170.01-0.49-0.180.050.10.190.13-0.14-0.13
0.270.080.670.53-0.160.37-0.520.30.710.79-0.55-0.470.110.64-0.110.60.920.630.55-0.520.92-0.8-0.56-0.530.58
0.650.620.770.860.40.1-0.220.580.530.71-0.1-0.460.570.64-0.260.20.660.160.05-0.110.63-0.34-0.47-0.720.49
-0.41-0.46-0.21-0.31-0.56-0.04-0.17-0.41-0.12-0.28-0.37-0.37-0.69-0.11-0.26-0.14-0.010.28-0.230.28-0.06-0.27-0.140.210.09
0.01-0.130.430.29-0.480.17-0.630.350.440.51-0.61-0.4-0.170.60.2-0.140.690.690.4-0.210.62-0.36-0.43-0.360.73
0.270.080.750.6-0.20.38-0.610.360.720.82-0.66-0.60.010.920.66-0.010.690.750.42-0.350.95-0.66-0.56-0.630.75
-0.19-0.420.340.07-0.570.63-0.770.090.480.4-0.88-0.46-0.490.630.160.280.690.750.46-0.30.64-0.63-0.52-0.360.69
-0.16-0.330.08-0.11-0.150.52-0.28-0.230.310.27-0.40.24-0.180.550.05-0.230.40.420.46-0.970.42-0.59-0.22-0.290.41
0.070.21-0.090.07-0.02-0.470.130.27-0.29-0.280.26-0.310.05-0.52-0.110.28-0.21-0.35-0.3-0.97-0.40.550.140.28-0.29
0.330.140.740.61-0.120.33-0.530.290.730.83-0.57-0.530.10.920.63-0.060.620.950.640.42-0.4-0.64-0.39-0.460.59
0.060.26-0.32-0.130.38-0.430.460.14-0.47-0.450.530.30.19-0.8-0.34-0.27-0.36-0.66-0.63-0.590.55-0.640.570.28-0.44
-0.040.05-0.38-0.280.26-0.250.45-0.29-0.33-0.350.490.610.13-0.56-0.47-0.14-0.43-0.56-0.52-0.220.14-0.390.570.7-0.57
-0.31-0.25-0.57-0.55-0.18-0.250.27-0.5-0.39-0.520.310.37-0.14-0.53-0.720.21-0.36-0.63-0.36-0.290.28-0.460.280.7-0.7
0.120.00.520.44-0.280.26-0.60.230.450.53-0.61-0.45-0.130.580.490.090.730.750.690.41-0.290.59-0.44-0.57-0.7
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ILFS Investment Account Relationship Matchups

ILFS Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.5B2.5B2.7B2.5B3.0B
Total Stockholder Equity2.2B2.1B2.1B2.2B2.0B2.2B
Property Plant And Equipment Net4.5M4.1M2.8M3.9M4.6M4.3M
Retained Earnings382.8M280.7M355.2M342.7M190.4M180.9M
Non Currrent Assets Other(44.5M)53.2M60.2M66.5M1.0B1.1B
Other Assets1K(1K)175.2M90K2.5B2.6B
Liabilities And Stockholders Equity2.6B2.5B2.5B2.7B2.5B3.0B
Total Liab284.0M264.6M252.0M301.2M272.0M499.4M
Accumulated Other Comprehensive Income(18.5M)1.2B1.1B1.2B1.2B1.3B
Intangible Assets836K137K25K8K191K181.5K
Other Current Liab64.1M69.7M40.5M78.2M68.1M64.7M
Accounts Payable78.6M75.9M72.2M96.1M84.5M110.7M
Net Receivables146.1M165.1M148.9M223.7M315.2M477.9M
Other Current Assets255.5M328.1M175.8M213.7M173.5M226.0M
Short Long Term Debt Total174.0M111.1M176.1M206.5M15.2M14.4M
Total Current Liabilities118.1M118.9M112.7M96.1M152.6M144.9M
Net Debt(834.3M)(733.8M)(517.2M)(28.7M)(192.5M)(202.1M)
Cash1.0B844.9M693.3M235.2M192.5M182.9M
Non Current Assets Total621.8M417.5M321.6M874.5M621.5M834.5M
Cash And Short Term Investments1.6B1.8B1.9B1.5B1.4B1.7B
Short Term Investments594.8M907.4M1.2B1.3B1.2B1.0B
Non Current Liabilities Total165.9M145.7M139.3M205.1M119.5M129.5M
Inventory(315.8M)(150.8M)(158.8M)93.0M(218.1M)(207.2M)
Total Current Assets2.0B2.1B2.2B1.8B1.9B1.9B
Other Liab186.6M141.3M119.0M113.1M130.0M117.9M
Net Tangible Assets2.4B2.2B2.1B2.1B1.9B1.9B
Property Plant Equipment4.5M4.1M2.8M3.9M3.5M3.4M
Cash And Equivalents930.5M720.6M640.9M156.4M140.7M133.7M
Net Invested Capital2.2B2.1B2.1B2.2B2.0B1.8B
Net Working Capital1.9B1.9B2.0B1.7B1.6B1.6B

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Other Information on Investing in ILFS Stock

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