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 Operating Income and its Income Tax Expense 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.
Operating Income vs Income Tax Expense
Operating Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KT Corporation Operating Income account and
Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KT's Operating Income and Income Tax Expense is 0.9. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense 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 Operating Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of KT Corporation are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Operating Income i.e., KT's Operating Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from KT Corporation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of KT Corporation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Income Tax Expense
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
When running KT's price analysis, check to
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
predict the probability of KT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KT's price. Additionally, you may evaluate how the addition of KT to your portfolios can decrease your overall portfolio volatility.