Jumia Income Tax Expense vs Gross Profit Analysis

JMIA Stock  USD 3.83  0.11  2.96%   
Jumia Technologies financial indicator trend analysis is infinitely more than just investigating Jumia Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jumia Technologies is a good investment. Please check the relationship between Jumia Technologies Income Tax Expense and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. 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.

Income Tax Expense vs Gross Profit

Income Tax Expense vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jumia Technologies Income Tax Expense account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Jumia Technologies' Income Tax Expense and Gross Profit is -0.83. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Jumia Technologies AG, assuming nothing else is changed. The correlation between historical values of Jumia Technologies' Income Tax Expense and Gross Profit 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 Jumia Technologies AG are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Tax Expense i.e., Jumia Technologies' Income Tax Expense and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Income Tax Expense

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Jumia Technologies AG minus its cost of goods sold. It is profit before Jumia Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Jumia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jumia Technologies 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 Jumia Technologies AG. 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.
The current year's Selling General Administrative is expected to grow to about 152.4 M, whereas Tax Provision is forecasted to decline to about 628 K.
 2021 2022 2023 2024 (projected)
Interest Expense10.3M18.9M2.8M2.7M
Depreciation And Amortization9.7M11.5M9.8M9.5M

Jumia Technologies fundamental ratios Correlations

0.92-0.260.910.960.930.890.18-0.66-0.750.280.680.870.320.220.96-0.820.820.480.77-0.850.460.720.940.930.64
0.92-0.410.90.840.80.920.25-0.69-0.790.390.710.90.360.20.85-0.90.80.470.81-0.830.670.730.920.790.64
-0.26-0.41-0.18-0.16-0.4-0.620.49-0.030.72-0.920.02-0.68-0.74-0.67-0.140.25-0.73-0.63-0.70.38-0.51-0.72-0.25-0.2-0.73
0.910.9-0.180.820.740.820.15-0.77-0.720.140.780.790.280.130.84-0.950.720.370.62-0.90.530.581.00.740.47
0.960.84-0.160.820.90.830.24-0.69-0.610.220.710.80.120.071.0-0.720.710.390.73-0.670.470.650.850.970.6
0.930.8-0.40.740.90.85-0.04-0.42-0.820.370.440.860.50.460.89-0.660.880.690.86-0.780.320.870.780.930.81
0.890.92-0.620.820.830.85-0.06-0.54-0.860.620.560.990.460.40.81-0.790.910.610.86-0.810.720.830.870.810.81
0.180.250.490.150.24-0.04-0.06-0.490.3-0.280.47-0.13-0.49-0.750.26-0.11-0.26-0.6-0.070.11-0.02-0.30.130.14-0.43
-0.66-0.69-0.03-0.77-0.69-0.42-0.54-0.490.34-0.02-1.0-0.490.110.43-0.730.72-0.380.13-0.450.47-0.46-0.25-0.76-0.51-0.05
-0.75-0.790.72-0.72-0.61-0.82-0.860.30.34-0.56-0.35-0.9-0.82-0.69-0.610.76-0.97-0.82-0.90.88-0.46-0.95-0.75-0.62-0.86
0.280.39-0.920.140.220.370.62-0.28-0.02-0.560.040.650.520.440.18-0.120.650.40.63-0.240.530.580.210.250.61
0.680.710.020.780.710.440.560.47-1.0-0.350.040.52-0.1-0.410.74-0.720.4-0.110.47-0.490.480.270.770.530.07
0.870.9-0.680.790.80.860.99-0.13-0.49-0.90.650.520.540.480.79-0.780.940.680.9-0.810.70.880.840.80.85
0.320.36-0.740.280.120.50.46-0.490.11-0.820.52-0.10.540.840.12-0.350.750.760.65-0.620.020.760.30.170.65
0.220.2-0.670.130.070.460.4-0.750.43-0.690.44-0.410.480.840.05-0.210.630.910.47-0.50.090.70.170.220.78
0.960.85-0.140.841.00.890.810.26-0.73-0.610.180.740.790.120.05-0.740.70.370.73-0.680.460.650.870.960.57
-0.82-0.90.25-0.95-0.72-0.66-0.79-0.110.720.76-0.12-0.72-0.78-0.35-0.21-0.74-0.69-0.46-0.640.9-0.6-0.62-0.94-0.63-0.51
0.820.8-0.730.720.710.880.91-0.26-0.38-0.970.650.40.940.750.630.7-0.690.750.92-0.840.450.940.760.720.86
0.480.47-0.630.370.390.690.61-0.60.13-0.820.4-0.110.680.760.910.37-0.460.750.69-0.640.30.870.410.50.93
0.770.81-0.70.620.730.860.86-0.07-0.45-0.90.630.470.90.650.470.73-0.640.920.69-0.680.490.950.670.730.83
-0.85-0.830.38-0.9-0.67-0.78-0.810.110.470.88-0.24-0.49-0.81-0.62-0.5-0.680.9-0.84-0.64-0.68-0.38-0.73-0.9-0.65-0.64
0.460.67-0.510.530.470.320.72-0.02-0.46-0.460.530.480.70.020.090.46-0.60.450.30.49-0.380.430.560.430.51
0.720.73-0.720.580.650.870.83-0.3-0.25-0.950.580.270.880.760.70.65-0.620.940.870.95-0.730.430.630.70.93
0.940.92-0.251.00.850.780.870.13-0.76-0.750.210.770.840.30.170.87-0.940.760.410.67-0.90.560.630.770.53
0.930.79-0.20.740.970.930.810.14-0.51-0.620.250.530.80.170.220.96-0.630.720.50.73-0.650.430.70.770.7
0.640.64-0.730.470.60.810.81-0.43-0.05-0.860.610.070.850.650.780.57-0.510.860.930.83-0.640.510.930.530.7
Click cells to compare fundamentals

Jumia Technologies Account Relationship Matchups

Jumia Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets377.7M536.9M577.7M330.1M189.9M362.5M
Short Long Term Debt Total11.7M16.5M12.5M13.8M6.1M11.6M
Other Current Liab52.8M82.6M94.6M33.2M31.3M54.4M
Total Current Liabilities136.1M184.9M154.2M144.4M117.5M154.2M
Total Stockholder Equity232.7M338.6M413.0M175.2M69.2M65.8M
Other Liab1.4M1.2M2.3M2.2M2.6M1.4M
Net Tangible Assets183.0M224.1M412.7M175.0M201.3M192.0M
Property Plant And Equipment Net22.2M25.0M21.8M28.5M14.4M19.4M
Current Deferred Revenue7.6M6.4M6.0M4.0M3.1M4.7M
Net Debt(204.4M)(443.4M)(104.6M)(58.3M)(29.4M)(30.9M)
Retained Earnings(1.4B)(1.9B)(1.7B)(2.0B)(2.1B)(2.2B)
Accounts Payable71.7M20.4M17.7M64.2M55.4M41.5M
Cash216.1M459.9M117.1M72.1M35.5M33.7M
Non Current Assets Total24.3M27.9M25.1M32.6M20.9M23.1M
Non Currrent Assets Other1.9M2.1M2.3M3.0M6.5M6.9M
Long Term Debt6.1M8.0M8.6M8.7M2.4M2.2M
Cash And Short Term Investments295.4M461.4M512.8M227.8M120.6M114.5M
Net Receivables29.3M8.9M22.1M19.1M29.3M18.8M
Common Stock Shares Outstanding70.3M80.3M96.9M100.2M100.9M94.5M
Short Term Investments79.3M1.5M395.7M155.7M85.1M112.7M
Liabilities And Stockholders Equity377.7M536.9M577.7M330.1M189.9M362.5M
Non Current Liabilities Total9.6M13.9M11.0M11.0M3.7M3.5M
Inventory12.7M10.1M10.9M11.4M12.4M9.6M
Other Current Assets16.0M21.6M7.2M34.6M6.8M6.5M
Other Stockholder Equity1.2B1.3B1.5B1.7B2.0B1.6B
Total Liab145.7M198.7M165.1M155.4M121.2M161.9M
Net Invested Capital192.3M224.5M425.6M189.0M75.3M71.5M
Property Plant And Equipment Gross17.4M16.6M48.4M59.6M46.9M31.0M
Short Long Term Debt3.1M3.0M3.9M5.1M3.7M3.3M
Total Current Assets353.4M509.0M552.6M297.4M169.0M160.6M
Accumulated Other Comprehensive Income132.3M163.8M164.6M163.2M160.7M148.8M
Net Working Capital171.0M214.9M398.4M153.0M51.5M48.9M
Short Term Debt3.9M8.1M3.9M5.1M3.7M4.4M
Intangible Assets180K53.3K664.7K327K376.1K373.1K
Common Stock199.3M270.4M234.2M235.7M236.8M184.9M

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When determining whether Jumia Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jumia Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jumia Technologies Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jumia Technologies Ag Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. 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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jumia Technologies. If investors know Jumia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
1.847
Quarterly Revenue Growth
(0.13)
Return On Assets
(0.15)
Return On Equity
(1.02)
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.