LBG Other Operating Expenses vs Tax Provision Analysis

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 DirectionPositive 
Relationship StrengthSignificant

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.
 2021 2022 2023 2024 (projected)
Gross Profit40.0M42.6M46.4M27.4M
Total Revenue54.5M62.8M67.5M39.7M

LBG Media fundamental ratios Correlations

0.380.80.720.890.950.80.84-0.430.970.90.830.850.830.90.890.570.140.720.960.160.810.77-0.120.610.31
0.380.070.80.060.5-0.140.80.590.180.430.060.480.060.340.330.83-0.430.890.20.830.440.880.360.070.48
0.80.070.520.90.820.910.57-0.560.780.810.710.840.710.860.70.350.240.480.79-0.150.840.47-0.260.470.19
0.720.80.520.480.770.340.920.160.560.750.430.750.430.670.770.68-0.210.930.580.740.720.910.090.240.31
0.890.060.90.480.890.970.6-0.660.920.740.840.840.840.940.810.320.280.440.91-0.130.820.51-0.290.680.08
0.950.50.820.770.890.780.88-0.320.880.860.780.930.780.950.840.660.070.790.90.230.890.84-0.070.640.35
0.8-0.140.910.340.970.780.43-0.770.850.650.820.740.820.850.750.130.320.270.86-0.260.740.33-0.410.63-0.03
0.840.80.570.920.60.880.430.110.710.830.490.860.490.790.740.85-0.20.970.680.560.820.970.10.320.41
-0.430.59-0.560.16-0.66-0.32-0.770.11-0.55-0.22-0.77-0.16-0.77-0.36-0.450.37-0.510.28-0.640.59-0.140.170.46-0.660.04
0.970.180.780.560.920.880.850.71-0.550.840.830.790.830.890.850.440.260.550.96-0.020.760.61-0.160.630.18
0.90.430.810.750.740.860.650.83-0.220.840.60.860.60.830.70.70.220.790.790.130.830.730.150.370.42
0.830.060.710.430.840.780.820.49-0.770.830.60.541.00.680.820.190.290.350.95-0.070.480.48-0.290.860.34
0.850.480.840.750.840.930.740.86-0.160.790.860.540.540.970.720.680.00.790.730.220.990.78-0.060.380.16
0.830.060.710.430.840.780.820.49-0.770.830.61.00.540.680.820.190.290.350.95-0.070.480.48-0.290.860.34
0.90.340.860.670.940.950.850.79-0.360.890.830.680.970.680.790.570.130.680.840.110.960.71-0.130.540.11
0.890.330.70.770.810.840.750.74-0.450.850.70.820.720.820.790.30.020.60.890.370.690.69-0.320.570.07
0.570.830.350.680.320.660.130.850.370.440.70.190.680.190.570.3-0.210.90.390.40.650.850.390.160.63
0.14-0.430.24-0.210.280.070.32-0.2-0.510.260.220.290.00.290.130.02-0.21-0.230.26-0.52-0.02-0.250.460.490.05
0.720.890.480.930.440.790.270.970.280.550.790.350.790.350.680.60.9-0.230.540.630.750.970.250.220.5
0.960.20.790.580.910.90.860.68-0.640.960.790.950.730.950.840.890.390.260.540.020.680.63-0.190.770.31
0.160.83-0.150.74-0.130.23-0.260.560.59-0.020.13-0.070.22-0.070.110.370.4-0.520.630.020.20.640.14-0.110.07
0.810.440.840.720.820.890.740.82-0.140.760.830.480.990.480.960.690.65-0.020.750.680.20.72-0.10.310.09
0.770.880.470.910.510.840.330.970.170.610.730.480.780.480.710.690.85-0.250.970.630.640.720.150.390.49
-0.120.36-0.260.09-0.29-0.07-0.410.10.46-0.160.15-0.29-0.06-0.29-0.13-0.320.390.460.25-0.190.14-0.10.150.040.4
0.610.070.470.240.680.640.630.32-0.660.630.370.860.380.860.540.570.160.490.220.77-0.110.310.390.040.36
0.310.480.190.310.080.35-0.030.410.040.180.420.340.160.340.110.070.630.050.50.310.070.090.490.40.36
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LBG Media Account Relationship Matchups

LBG Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.8M41.0M68.6M70.3M91.3M50.0M
Short Long Term Debt Total20.6M17.9M3.8M3.2M5.5M7.7M
Other Current Liab1.9M2.1M8.0M2.9M8.5M9.0M
Total Current Liabilities9.8M12.0M12.5M6.2M15.7M11.6M
Total Stockholder Equity10.7M14.2M52.3M61.2M65.2M68.4M
Property Plant And Equipment Net5.2M4.6M3.7M3.7M6.0M4.3M
Net Debt14.8M11.0M(30.6M)(26.0M)(10.3M)(9.8M)
Retained Earnings10.7M14.2M23.1M32.0M37.0M18.6M
Accounts Payable1.4M2.0M2.0M1.2M2.8M1.7M
Cash5.7M6.9M34.3M29.3M15.8M14.4M
Non Current Assets Total21.9M20.3M19.1M20.3M46.7M49.0M
Cash And Short Term Investments5.7M6.9M34.3M29.3M15.8M14.4M
Net Receivables10.0M11.3M13.4M20.0M27.5M28.8M
Liabilities And Stockholders Equity37.8M41.0M68.6M70.3M91.3M50.0M
Non Current Liabilities Total17.3M14.7M3.8M2.9M10.5M8.0M
Other Current Assets113K2.1M1.6M1.5M1.4M1.3M
Total Liab27.0M26.7M16.3M9.1M26.2M19.6M
Total Current Assets15.9M20.6M49.5M50.0M44.7M28.9M
Short Term Debt4.5M4.0M(144K)1.1M705K669.8K
Intangible Assets6.2M5.0M4.5M5.3M15.1M15.9M
Property Plant Equipment5.9M5.2M4.6M3.7M4.3M3.9M
Current Deferred Revenue736K5.9M148K179K554K526.3K
Capital Lease Obligations5.5M4.7M3.8M3.2M5.5M3.8M
Net Invested Capital25.8M27.4M52.3M61.2M65.2M47.7M
Net Working Capital6.1M8.6M37.0M43.8M29.0M21.7M

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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.