KT Stock | | | USD 16.60 0.26 1.59% |
KT financial indicator trend analysis is infinitely more than just investigating KT Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KT Corporation is a good investment. Please check the relationship between KT Net Interest Income and its Tax Provision accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Net Interest Income vs Tax Provision
Net Interest Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KT Corporation Net Interest Income account and
Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between KT's Net Interest Income and Tax Provision is 0.7. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of KT Corporation, assuming nothing else is changed. The correlation between historical values of KT's Net Interest Income 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 Net Interest Income of KT Corporation 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 Net Interest Income i.e., KT's Net Interest Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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 KT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KT Corporation 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Tax Provision is likely to gain to about 379.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 159.2
B in 2024.
KT fundamental ratios Correlations
Click cells to compare fundamentals
KT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KT fundamental ratios Accounts
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Additional Tools for KT Stock Analysis
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measure KT's 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 KT is operating at the current time. Most of KT's value examination focuses on studying past and present price action to
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