LBG Stock | | | 131.00 1.00 0.76% |
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 Other Operating Expenses and its Tax Provision 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.
Other Operating Expenses vs Tax Provision
Other Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
LBG Media PLC Other Operating Expenses account and
Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between LBG Media's Other Operating Expenses and Tax Provision is 0.79. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision 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 Other Operating 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 Other Operating Expenses of LBG Media PLC 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 Other Operating Expenses i.e., LBG Media's Other Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LBG Media PLC. It is also known as LBG Media overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 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.