Marks Cost Of Revenue vs Income Tax Expense Analysis

MKS Stock   391.50  2.60  0.67%   
Marks financial indicator trend analysis is infinitely more than just investigating Marks and Spencer recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marks and Spencer is a good investment. Please check the relationship between Marks Cost Of Revenue and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marks and Spencer. 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.

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marks and Spencer Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Marks' Cost Of Revenue and Income Tax Expense is 0.23. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Marks and Spencer, assuming nothing else is changed. The correlation between historical values of Marks' Cost Of Revenue 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 Cost Of Revenue of Marks and Spencer 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 Cost Of Revenue i.e., Marks' Cost Of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Marks and Spencer income statement and represents the costs associated with goods and services Marks provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Tax Expense

Most indicators from Marks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marks and Spencer 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 Marks and Spencer. 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 Selling General Administrative is expected to grow to about 1.4 B. The current year's Tax Provision is expected to grow to about 259.7 M
 2021 2022 2023 2024 (projected)
Interest Expense206.2M193M173.9M100.6M
Depreciation And Amortization551.9M578.4M526.3M353.1M

Marks fundamental ratios Correlations

0.830.580.850.730.95-0.050.80.860.730.360.940.00.4-0.9-0.29-0.220.710.690.150.010.970.790.710.43-0.43
0.830.540.680.320.770.330.950.490.420.450.860.190.55-0.640.06-0.050.760.31-0.080.40.910.570.610.5-0.36
0.580.540.720.230.470.050.290.330.170.810.510.210.87-0.540.32-0.380.60.48-0.240.370.630.560.920.08-0.81
0.850.680.720.470.89-0.130.580.780.730.460.73-0.10.53-0.89-0.31-0.160.530.840.19-0.10.880.690.850.63-0.58
0.730.320.230.470.64-0.310.340.790.580.130.64-0.070.03-0.63-0.48-0.250.380.540.35-0.190.540.690.39-0.01-0.31
0.950.770.470.890.64-0.080.790.90.840.20.88-0.110.25-0.94-0.46-0.070.560.780.28-0.160.930.720.620.61-0.35
-0.050.330.05-0.13-0.31-0.080.29-0.31-0.30.270.130.680.340.120.450.360.42-0.41-0.060.650.05-0.380.03-0.1-0.2
0.80.950.290.580.340.790.290.540.50.170.840.080.27-0.63-0.130.060.640.290.010.240.860.520.380.57-0.12
0.860.490.330.780.790.9-0.310.540.930.010.75-0.290.05-0.94-0.64-0.110.390.890.43-0.460.780.70.520.43-0.23
0.730.420.170.730.580.84-0.30.50.93-0.190.64-0.34-0.08-0.89-0.670.080.290.860.57-0.580.690.480.390.570.0
0.360.450.810.460.130.20.270.170.01-0.190.30.410.92-0.190.4-0.330.530.08-0.310.660.390.410.79-0.05-0.89
0.940.860.510.730.640.880.130.840.750.640.30.230.37-0.81-0.12-0.180.850.520.160.160.930.610.590.38-0.33
0.00.190.21-0.1-0.07-0.110.680.08-0.29-0.340.410.230.40.140.59-0.030.61-0.390.00.690.02-0.280.13-0.33-0.28
0.40.550.870.530.030.250.340.270.05-0.080.920.370.4-0.290.5-0.130.590.14-0.190.640.480.310.860.04-0.81
-0.9-0.64-0.54-0.89-0.63-0.940.12-0.63-0.94-0.89-0.19-0.810.14-0.290.440.07-0.55-0.88-0.370.26-0.88-0.67-0.69-0.480.36
-0.290.060.32-0.31-0.48-0.460.45-0.13-0.64-0.670.4-0.120.590.50.44-0.160.3-0.58-0.490.76-0.19-0.350.07-0.41-0.14
-0.22-0.05-0.38-0.16-0.25-0.070.360.06-0.110.08-0.33-0.18-0.03-0.130.07-0.16-0.24-0.160.6-0.01-0.18-0.47-0.20.160.24
0.710.760.60.530.380.560.420.640.390.290.530.850.610.59-0.550.3-0.240.210.020.50.730.340.590.08-0.42
0.690.310.480.840.540.78-0.410.290.890.860.080.52-0.390.14-0.88-0.58-0.160.210.32-0.560.650.610.60.46-0.35
0.15-0.08-0.240.190.350.28-0.060.010.430.57-0.310.160.0-0.19-0.37-0.490.60.020.32-0.380.07-0.160.060.190.13
0.010.40.37-0.1-0.19-0.160.650.24-0.46-0.580.660.160.690.640.260.76-0.010.5-0.56-0.380.08-0.040.24-0.28-0.41
0.970.910.630.880.540.930.050.860.780.690.390.930.020.48-0.88-0.19-0.180.730.650.070.080.730.730.53-0.42
0.790.570.560.690.690.72-0.380.520.70.480.410.61-0.280.31-0.67-0.35-0.470.340.61-0.16-0.040.730.610.23-0.46
0.710.610.920.850.390.620.030.380.520.390.790.590.130.86-0.690.07-0.20.590.60.060.240.730.610.25-0.82
0.430.50.080.63-0.010.61-0.10.570.430.57-0.050.38-0.330.04-0.48-0.410.160.080.460.19-0.280.530.230.250.0
-0.43-0.36-0.81-0.58-0.31-0.35-0.2-0.12-0.230.0-0.89-0.33-0.28-0.810.36-0.140.24-0.42-0.350.13-0.41-0.42-0.46-0.820.0
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Marks Account Relationship Matchups

Marks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B8.6B9.4B9.1B8.7B7.3B
Short Long Term Debt Total4.1B4.0B3.8B3.6B3.1B2.1B
Other Current Liab706M952.7M1.4B1.4B1.5B793.0M
Total Current Liabilities1.9B2.3B2.4B2.7B2.5B1.9B
Total Stockholder Equity3.7B2.3B2.9B2.8B2.8B3.1B
Property Plant And Equipment Net5.5B5.1B4.9B5.2B5.2B4.4B
Current Deferred Revenue39.5M53.2M50.3M47.3M1.5M1.6M
Net Debt3.8B3.4B2.6B2.5B2.1B1.7B
Retained Earnings6.6B5.3B5.9B5.8B5.8B4.8B
Accounts Payable837M863.5M732.8M801.7M762.3M519.8M
Cash260M683.6M1.2B1.1B1.0B1.1B
Non Current Assets Total9.0B7.0B7.3B6.9B6.5B5.0B
Non Currrent Assets Other2.1B835.6M1.2B655.2M450.8M473.3M
Cash And Short Term Investments265.9M692.8M1.2B1.1B1.0B579.3M
Common Stock Shares Outstanding1.9B2.0B2.0B2.0B2.1B1.7B
Short Term Investments5.9M9.2M8.8M13M7.6M7.2M
Liabilities And Stockholders Equity10.2B8.6B9.4B9.1B8.7B7.3B
Non Current Liabilities Total4.6B4.1B4.2B3.6B3.3B1.9B
Inventory564.1M624.6M706.1M764.4M776.9M570.3M
Other Current Assets249.7M180.9M170.5M191.5M209.5M199.0M
Total Liab6.5B6.4B6.5B6.3B5.9B4.1B
Total Current Assets1.2B1.6B2.2B2.2B2.2B1.5B
Short Term Debt247.8M432.8M247.2M444M250.4M237.9M
Common Stock487.6M489.2M19.7M19.8M20.5M19.5M
Accumulated Other Comprehensive Income(4.3B)(4.4B)(3.9B)(4.0B)(3.9B)(4.1B)
Long Term Debt1.5B1.5B1.5B1.1B891.6M1.3B
Net Receivables146.9M106.1M140.3M123.8M136.9M130.1M
Good Will64M23.7M28.6M28.4M25.6M24.3M
Intangible Assets399.1M232M192.5M163.1M151.1M143.5M
Capital Lease Obligations2.6B2.4B2.3B2.3B2.2B2.2B
Net Invested Capital5.3B4.0B4.4B4.2B3.8B3.5B
Short Long Term Debt50.6M213.4M47M227.3M30.1M28.6M
Capital Stock487.6M489.2M19.7M19.8M20.5M19.5M

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Other Information on Investing in Marks Stock

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