Jumia Selling And Marketing Expenses vs Tax Provision 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 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 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.
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 Jumia Technologies 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 Jumia Technologies' Selling And Marketing Expenses and Tax Provision is -0.52. 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 Jumia Technologies AG, assuming nothing else is changed. The correlation between historical values of Jumia Technologies' 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 Jumia Technologies AG 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., Jumia Technologies' Selling And Marketing Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very 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 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 Expense | 10.3M | 18.9M | 2.8M | 2.7M | Depreciation And Amortization | 9.7M | 11.5M | 9.8M | 9.5M |
Jumia Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Jumia Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jumia Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 377.7M | 536.9M | 577.7M | 330.1M | 189.9M | 362.5M | |
Short Long Term Debt Total | 11.7M | 16.5M | 12.5M | 13.8M | 6.1M | 11.6M | |
Other Current Liab | 52.8M | 82.6M | 94.6M | 33.2M | 31.3M | 54.4M | |
Total Current Liabilities | 136.1M | 184.9M | 154.2M | 144.4M | 117.5M | 154.2M | |
Total Stockholder Equity | 232.7M | 338.6M | 413.0M | 175.2M | 69.2M | 65.8M | |
Other Liab | 1.4M | 1.2M | 2.3M | 2.2M | 2.6M | 1.4M | |
Net Tangible Assets | 183.0M | 224.1M | 412.7M | 175.0M | 201.3M | 192.0M | |
Property Plant And Equipment Net | 22.2M | 25.0M | 21.8M | 28.5M | 14.4M | 19.4M | |
Current Deferred Revenue | 7.6M | 6.4M | 6.0M | 4.0M | 3.1M | 4.7M | |
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 Payable | 71.7M | 20.4M | 17.7M | 64.2M | 55.4M | 41.5M | |
Cash | 216.1M | 459.9M | 117.1M | 72.1M | 35.5M | 33.7M | |
Non Current Assets Total | 24.3M | 27.9M | 25.1M | 32.6M | 20.9M | 23.1M | |
Non Currrent Assets Other | 1.9M | 2.1M | 2.3M | 3.0M | 6.5M | 6.9M | |
Long Term Debt | 6.1M | 8.0M | 8.6M | 8.7M | 2.4M | 2.2M | |
Cash And Short Term Investments | 295.4M | 461.4M | 512.8M | 227.8M | 120.6M | 114.5M | |
Net Receivables | 29.3M | 8.9M | 22.1M | 19.1M | 29.3M | 18.8M | |
Common Stock Shares Outstanding | 70.3M | 80.3M | 96.9M | 100.2M | 100.9M | 94.5M | |
Short Term Investments | 79.3M | 1.5M | 395.7M | 155.7M | 85.1M | 112.7M | |
Liabilities And Stockholders Equity | 377.7M | 536.9M | 577.7M | 330.1M | 189.9M | 362.5M | |
Non Current Liabilities Total | 9.6M | 13.9M | 11.0M | 11.0M | 3.7M | 3.5M | |
Inventory | 12.7M | 10.1M | 10.9M | 11.4M | 12.4M | 9.6M | |
Other Current Assets | 16.0M | 21.6M | 7.2M | 34.6M | 6.8M | 6.5M | |
Other Stockholder Equity | 1.2B | 1.3B | 1.5B | 1.7B | 2.0B | 1.6B | |
Total Liab | 145.7M | 198.7M | 165.1M | 155.4M | 121.2M | 161.9M | |
Net Invested Capital | 192.3M | 224.5M | 425.6M | 189.0M | 75.3M | 71.5M | |
Property Plant And Equipment Gross | 17.4M | 16.6M | 48.4M | 59.6M | 46.9M | 31.0M | |
Short Long Term Debt | 3.1M | 3.0M | 3.9M | 5.1M | 3.7M | 3.3M | |
Total Current Assets | 353.4M | 509.0M | 552.6M | 297.4M | 169.0M | 160.6M | |
Accumulated Other Comprehensive Income | 132.3M | 163.8M | 164.6M | 163.2M | 160.7M | 148.8M | |
Net Working Capital | 171.0M | 214.9M | 398.4M | 153.0M | 51.5M | 48.9M | |
Short Term Debt | 3.9M | 8.1M | 3.9M | 5.1M | 3.7M | 4.4M | |
Intangible Assets | 180K | 53.3K | 664.7K | 327K | 376.1K | 373.1K | |
Common Stock | 199.3M | 270.4M | 234.2M | 235.7M | 236.8M | 184.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.