LBG Stock | | | 133.00 2.00 1.53% |
LBG Media financial indicator trend analysis is infinitely more than just investigating LBG Media PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LBG Media PLC is a good investment. Please check the relationship between LBG Media Income Before Tax and its Reconciled Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LBG Media PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Income Before Tax vs Reconciled Depreciation
Income Before Tax vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LBG Media PLC Income Before Tax account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between LBG Media's Income Before Tax and Reconciled Depreciation is 0.78. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of LBG Media PLC, assuming nothing else is changed. The correlation between historical values of LBG Media's Income Before Tax and Reconciled Depreciation 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 Before Tax of LBG Media PLC are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Before Tax i.e., LBG Media's Income Before Tax and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on LBG Media income statement and is an important metric when analyzing LBG Media PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Reconciled Depreciation
Most indicators from LBG Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LBG Media PLC 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 LBG Media PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 4.5
M, whereas
Selling General Administrative is forecasted to decline to about 1.1
M.
LBG Media fundamental ratios Correlations
Click cells to compare fundamentals
LBG Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LBG Media fundamental ratios Accounts
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Other Information on Investing in LBG Stock
Balance Sheet is a snapshot of the
financial position of LBG Media PLC at a specified time, usually calculated after every quarter, six months, or one year. LBG Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LBG Media 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 LBG currently owns. An asset can also be divided into two categories, current and non-current.