Monte Income Tax Expense vs Reconciled Depreciation Analysis

MONTECARLO   559.75  12.10  2.12%   
Monte Carlo financial indicator trend analysis is infinitely more than just investigating Monte Carlo Fashions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monte Carlo Fashions is a good investment. Please check the relationship between Monte Carlo Income Tax Expense and its Reconciled Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monte Carlo Fashions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Income Tax Expense vs Reconciled Depreciation

Income Tax Expense vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monte Carlo Fashions Income Tax Expense account and Reconciled Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Monte Carlo's Income Tax Expense and Reconciled Depreciation is 0.01. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Monte Carlo Fashions, assuming nothing else is changed. The correlation between historical values of Monte Carlo's Income Tax Expense 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 Tax Expense of Monte Carlo Fashions 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 Tax Expense i.e., Monte Carlo's Income Tax Expense and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Reconciled Depreciation

Most indicators from Monte Carlo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monte Carlo Fashions 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 Monte Carlo Fashions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current year's Selling General Administrative is expected to grow to about 58.5 M. The current year's Tax Provision is expected to grow to about 316 M
 2022 2023 2024 2025 (projected)
Gross Profit5.2B4.0B4.6B3.3B
Total Revenue11.2B10.6B12.2B7.7B

Monte Carlo fundamental ratios Correlations

0.810.780.880.980.970.870.670.82-0.720.840.120.380.360.98-0.510.710.810.980.780.10.870.990.8-0.570.84
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0.780.840.880.760.740.870.750.67-0.610.850.060.410.40.78-0.690.60.830.730.62-0.050.880.780.79-0.80.87
0.880.940.880.860.850.970.770.75-0.670.970.080.310.30.86-0.760.580.920.880.670.250.990.880.94-0.830.97
0.980.770.760.860.940.860.630.86-0.810.820.230.420.380.98-0.510.790.760.960.860.060.850.980.75-0.580.81
0.970.820.740.850.940.860.660.78-0.660.850.150.380.320.93-0.550.650.850.940.730.150.860.940.79-0.570.82
0.870.970.870.970.860.860.850.7-0.690.980.120.330.340.84-0.820.620.960.850.660.20.980.860.95-0.840.98
0.670.90.750.770.630.660.850.34-0.360.78-0.210.240.520.6-0.810.480.890.650.280.040.820.670.85-0.720.87
0.820.550.670.750.860.780.70.34-0.880.670.420.360.290.89-0.360.790.580.790.81-0.070.720.850.52-0.520.63
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0.12-0.050.060.080.230.150.12-0.210.42-0.570.11-0.15-0.040.25-0.080.390.00.030.490.110.050.13-0.06-0.210.01
0.380.250.410.310.420.380.330.240.36-0.440.34-0.150.350.32-0.20.510.30.320.43-0.520.310.370.22-0.230.26
0.360.320.40.30.380.320.340.520.29-0.250.22-0.040.350.3-0.320.710.390.290.12-0.540.330.430.21-0.280.3
0.980.750.780.860.980.930.840.60.89-0.80.80.250.320.3-0.470.750.740.950.830.060.840.980.73-0.570.81
-0.51-0.85-0.69-0.76-0.51-0.55-0.82-0.81-0.360.43-0.83-0.08-0.2-0.32-0.47-0.37-0.86-0.47-0.34-0.2-0.8-0.5-0.810.94-0.81
0.710.460.60.580.790.650.620.480.79-0.840.510.390.510.710.75-0.370.510.640.71-0.410.570.770.4-0.440.52
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0.980.80.730.880.960.940.850.650.79-0.660.820.030.320.290.95-0.470.640.770.740.20.860.980.81-0.520.84
0.780.510.620.670.860.730.660.280.81-0.880.660.490.430.120.83-0.340.710.480.740.090.630.780.52-0.470.58
0.10.28-0.050.250.060.150.20.04-0.070.10.310.11-0.52-0.540.06-0.2-0.410.190.20.090.240.040.39-0.190.26
0.870.970.880.990.850.860.980.820.72-0.640.980.050.310.330.84-0.80.570.960.860.630.240.860.96-0.840.98
0.990.790.780.880.980.940.860.670.85-0.750.810.130.370.430.98-0.50.770.780.980.780.040.860.77-0.560.83
0.80.980.790.940.750.790.950.850.52-0.50.96-0.060.220.210.73-0.810.40.930.810.520.390.960.77-0.80.98
-0.57-0.83-0.8-0.83-0.58-0.57-0.84-0.72-0.520.55-0.87-0.21-0.23-0.28-0.570.94-0.44-0.83-0.52-0.47-0.19-0.84-0.56-0.8-0.83
0.840.980.870.970.810.820.980.870.63-0.590.960.010.260.30.81-0.810.520.950.840.580.260.980.830.98-0.83
Click cells to compare fundamentals

Monte Carlo Account Relationship Matchups

Monte Carlo fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.4B11.2B15.0B15.2B17.4B9.8B
Short Long Term Debt Total1.2B1.6B3.3B3.8B4.4B4.6B
Other Current Liab467.3M868.8M1.1B1.2B1.4B1.4B
Total Current Liabilities2.3B3.3B5.4B5.2B6.0B6.3B
Total Stockholder Equity6.0B6.9B7.8B7.9B9.1B5.9B
Property Plant And Equipment Net2.3B2.3B2.9B3.3B3.7B2.2B
Net Debt1.2B1.6B3.3B3.8B4.4B4.6B
Retained Earnings1.3B2.1B3.0B3.2B3.7B3.8B
Accounts Payable1.4B1.4B1.9B1.4B1.6B1.3B
Cash4.4M4.2M17.1M14.8M13.3M12.7M
Non Current Assets Total2.6B3.1B4.3B5.3B6.1B6.4B
Non Currrent Assets Other2.2B90.9M209.3M692.8M796.7M845.1M
Other Assets226.9M174.3M782.7M306.4M352.4M301.7M
Cash And Short Term Investments2.1B2.1B2.0B1.3B1.5B1.6B
Net Receivables2.3B2.6B3.8B3.9B4.4B2.3B
Short Term Investments2.1B2.1B2.0B1.3B1.5B1.2B
Liabilities And Stockholders Equity9.4B11.2B15.0B15.2B17.4B9.8B
Non Current Liabilities Total1.0B1.1B1.8B2.0B2.3B2.4B
Inventory2.0B2.9B4.6B4.3B5.0B2.6B
Other Current Assets383.1M439.5M384.3M506M581.9M371.2M
Total Liab3.3B4.3B7.2B7.2B8.3B8.7B
Total Current Assets6.8B8.1B10.6B9.8B11.3B6.8B
Accumulated Other Comprehensive Income3.8B3.8B3.8B6.9M7.9M7.5M
Short Term Debt346.5M732.5M2.2B2.5B2.9B3.1B
Other Liab199.6M196.5M256.2M624.4M718.1M754.0M
Net Tangible Assets5.4B6.0B6.9B7.7B8.8B5.9B
Current Deferred Revenue557.6M1.1B388.2M110M99M94.1M
Long Term Debt128.7M163.1M117.3M83.3M27M0.0
Short Long Term Debt184.8M601.0M2.0B2.2B2.5B2.6B
Intangible Assets3.6M21.9M73.7M59.7M68.7M72.1M
Property Plant Equipment2.3B2.3B2.3B2.9B3.4B2.2B
Long Term Debt Total867.0M836.8M824.5M1.1B1.3B1.4B
Net Invested Capital6.3B7.6B9.8B10.1B11.6B8.0B
Net Working Capital4.5B4.8B5.2B4.6B5.3B4.6B

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Other Information on Investing in Monte Stock

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