Mangalam Ebit vs Tax Provision Analysis

MANORG Stock

454.90 9.25 1.99%

Mangalam Organics financial indicator trend analysis is infinitely more than just investigating Mangalam Organics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mangalam Organics is a good investment. Please check the relationship between Mangalam Organics Ebit and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangalam Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Ebit vs Tax Provision

Ebit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangalam Organics Ebit account and Tax Provision. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Mangalam Organics' Ebit and Tax Provision is 0.17. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Mangalam Organics Limited, assuming nothing else is changed. The correlation between historical values of Mangalam Organics' Ebit 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 Ebit of Mangalam Organics Limited 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 Ebit i.e., Mangalam Organics' Ebit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

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Ebit

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 Mangalam Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mangalam Organics 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 Mangalam Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

The current year's Selling General Administrative is expected to grow to about 410.2 M, whereas Tax Provision is projected to grow to (2.9 M).

	2021	2022	2023	2024 (projected)
Interest Expense	31.7M	137.9M	156.2M	164.0M
Depreciation And Amortization	150.2M	175.4M	198.4M	208.3M

Interest Expense Depreciation And Amortization

Mangalam Organics fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Current Deferred Revenue	Accounts Payable	Non Currrent Assets Other	Other Assets	Short Term Debt
Common Stock Shares Outstanding		-0.45	-0.54	0.36	-0.26	-0.7	-0.72	-0.55	-0.7	0.47	-0.72	0.04	-0.16	-0.25	-0.35	-0.49	0.55	-0.27	-0.38	0.77	-0.14	-0.3	0.31	0.05	0.16	-0.6
Total Assets	-0.45		0.83	-0.56	0.87	0.88	0.84	0.84	0.88	-0.63	0.85	0.08	0.32	0.72	0.97	0.69	-0.47	0.87	0.97	-0.31	0.08	0.2	0.19	-0.45	0.29	0.79
Short Long Term Debt Total	-0.54	0.83		-0.42	0.89	0.78	0.88	1.0	0.77	-0.39	0.89	-0.25	0.43	0.79	0.83	0.5	-0.39	0.91	0.82	-0.52	-0.3	-0.05	0.18	-0.4	0.31	0.98
Other Current Liab	0.36	-0.56	-0.42		-0.31	-0.66	-0.51	-0.42	-0.66	0.27	-0.51	-0.25	-0.56	-0.21	-0.51	-0.4	0.78	-0.3	-0.58	0.31	-0.51	-0.66	0.54	0.16	-0.11	-0.32
Total Current Liabilities	-0.26	0.87	0.89	-0.31		0.63	0.72	0.89	0.62	-0.26	0.73	-0.17	0.44	0.73	0.86	0.4	-0.23	0.99	0.85	-0.13	-0.34	-0.18	0.39	-0.45	0.46	0.86
Total Stockholder Equity	-0.7	0.88	0.78	-0.66	0.63		0.94	0.79	1.0	-0.7	0.94	0.18	0.23	0.53	0.83	0.71	-0.6	0.64	0.84	-0.68	0.26	0.4	-0.02	-0.31	0.0	0.76
Property Plant And Equipment Net	-0.72	0.84	0.88	-0.51	0.72	0.94		0.89	0.94	-0.6	1.0	-0.03	0.25	0.57	0.77	0.63	-0.51	0.72	0.77	-0.72	0.01	0.2	0.08	-0.36	0.01	0.89
Net Debt	-0.55	0.84	1.0	-0.42	0.89	0.79	0.89		0.78	-0.41	0.89	-0.24	0.42	0.8	0.83	0.52	-0.4	0.91	0.83	-0.53	-0.28	-0.04	0.18	-0.4	0.3	0.98
Retained Earnings	-0.7	0.88	0.77	-0.66	0.62	1.0	0.94	0.78		-0.71	0.94	0.18	0.23	0.53	0.82	0.71	-0.61	0.63	0.84	-0.68	0.28	0.4	-0.03	-0.31	-0.01	0.76
Cash	0.47	-0.63	-0.39	0.27	-0.26	-0.7	-0.6	-0.41	-0.71		-0.59	-0.06	0.18	-0.52	-0.61	-0.78	0.24	-0.33	-0.57	0.48	-0.45	-0.34	-0.09	0.27	0.16	-0.38
Non Current Assets Total	-0.72	0.85	0.89	-0.51	0.73	0.94	1.0	0.89	0.94	-0.59		-0.04	0.25	0.57	0.77	0.62	-0.52	0.73	0.77	-0.71	0.0	0.19	0.09	-0.37	0.02	0.89
Cash And Short Term Investments	0.04	0.08	-0.25	-0.25	-0.17	0.18	-0.03	-0.24	0.18	-0.06	-0.04		-0.1	-0.33	0.06	-0.15	-0.23	-0.22	0.12	0.07	0.43	0.22	0.0	-0.07	-0.1	-0.26
Net Receivables	-0.16	0.32	0.43	-0.56	0.44	0.23	0.25	0.42	0.23	0.18	0.25	-0.1		0.24	0.28	-0.17	-0.18	0.42	0.38	0.01	-0.05	-0.04	-0.41	-0.16	0.34	0.33
Non Current Liabilities Total	-0.25	0.72	0.79	-0.21	0.73	0.53	0.57	0.8	0.53	-0.52	0.57	-0.33	0.24		0.8	0.57	-0.16	0.83	0.76	-0.21	-0.29	-0.08	0.25	-0.41	0.53	0.72
Inventory	-0.35	0.97	0.83	-0.51	0.86	0.83	0.77	0.83	0.82	-0.61	0.77	0.06	0.28	0.8		0.68	-0.39	0.89	0.99	-0.28	0.05	0.19	0.27	-0.45	0.4	0.76
Other Current Assets	-0.49	0.69	0.5	-0.4	0.4	0.71	0.63	0.52	0.71	-0.78	0.62	-0.15	-0.17	0.57	0.68		-0.42	0.46	0.65	-0.41	0.27	0.55	0.0	0.01	-0.04	0.48
Other Stockholder Equity	0.55	-0.47	-0.39	0.78	-0.23	-0.6	-0.51	-0.4	-0.61	0.24	-0.52	-0.23	-0.18	-0.16	-0.39	-0.42		-0.22	-0.43	0.4	-0.32	-0.57	0.44	0.25	-0.11	-0.39
Total Liab	-0.27	0.87	0.91	-0.3	0.99	0.64	0.72	0.91	0.63	-0.33	0.73	-0.22	0.42	0.83	0.89	0.46	-0.22		0.87	-0.16	-0.34	-0.16	0.38	-0.46	0.5	0.87
Total Current Assets	-0.38	0.97	0.82	-0.58	0.85	0.84	0.77	0.83	0.84	-0.57	0.77	0.12	0.38	0.76	0.99	0.65	-0.43	0.87		-0.28	0.08	0.2	0.18	-0.39	0.37	0.75
Common Stock	0.77	-0.31	-0.52	0.31	-0.13	-0.68	-0.72	-0.53	-0.68	0.48	-0.71	0.07	0.01	-0.21	-0.28	-0.41	0.4	-0.16	-0.28		-0.15	-0.25	0.15	0.04	0.37	-0.58
Short Term Investments	-0.14	0.08	-0.3	-0.51	-0.34	0.26	0.01	-0.28	0.28	-0.45	0.0	0.43	-0.05	-0.29	0.05	0.27	-0.32	-0.34	0.08	-0.15		0.73	-0.4	-0.01	-0.29	-0.34
Current Deferred Revenue	-0.3	0.2	-0.05	-0.66	-0.18	0.4	0.2	-0.04	0.4	-0.34	0.19	0.22	-0.04	-0.08	0.19	0.55	-0.57	-0.16	0.2	-0.25	0.73		-0.58	0.11	-0.1	-0.11
Accounts Payable	0.31	0.19	0.18	0.54	0.39	-0.02	0.08	0.18	-0.03	-0.09	0.09	0.0	-0.41	0.25	0.27	0.0	0.44	0.38	0.18	0.15	-0.4	-0.58		-0.26	0.15	0.23
Non Currrent Assets Other	0.05	-0.45	-0.4	0.16	-0.45	-0.31	-0.36	-0.4	-0.31	0.27	-0.37	-0.07	-0.16	-0.41	-0.45	0.01	0.25	-0.46	-0.39	0.04	-0.01	0.11	-0.26		-0.56	-0.36
Other Assets	0.16	0.29	0.31	-0.11	0.46	0.0	0.01	0.3	-0.01	0.16	0.02	-0.1	0.34	0.53	0.4	-0.04	-0.11	0.5	0.37	0.37	-0.29	-0.1	0.15	-0.56		0.2
Short Term Debt	-0.6	0.79	0.98	-0.32	0.86	0.76	0.89	0.98	0.76	-0.38	0.89	-0.26	0.33	0.72	0.76	0.48	-0.39	0.87	0.75	-0.58	-0.34	-0.11	0.23	-0.36	0.2

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Mangalam Organics Account Relationship Matchups

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Other Information on Investing in Mangalam Stock

Balance Sheet is a snapshot of the financial position of Mangalam Organics at a specified time, usually calculated after every quarter, six months, or one year. Mangalam Organics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mangalam Organics 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 Mangalam currently owns. An asset can also be divided into two categories, current and non-current.

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Mangalam Ebit vs Tax Provision Analysis

Ebit vs Tax Provision

Ebit vs Tax Provision Correlation Analysis

Correlation Coefficient

Ebit

Tax Provision

Mangalam Organics fundamental ratios Correlations

Mangalam Organics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Mangalam Stock

COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Inventory
Short Term Debt	+ 0.98	Short Long Term Debt Total

Other Current Assets	- 0.78	Cash
Common Stock	- 0.72	Property Plant And Equipment Net
Non Current Assets Total	- 0.72	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.72	Common Stock Shares Outstanding
Common Stock	- 0.71	Non Current Assets Total
Cash	- 0.71	Retained Earnings