Grupo Gross Profit vs Tax Provision Analysis
PAC Stock | USD 183.45 1.80 0.97% |
Grupo Aeroportuario financial indicator trend analysis is much more than just examining Grupo Aeroportuario del latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Aeroportuario del is a good investment. Please check the relationship between Grupo Aeroportuario Gross Profit and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Grupo Aeroportuario del. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Gross Profit vs Tax Provision
Gross Profit vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grupo Aeroportuario del Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Grupo Aeroportuario's Gross Profit and Tax Provision is 0.86. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Grupo Aeroportuario del, assuming nothing else is changed. The correlation between historical values of Grupo Aeroportuario's Gross Profit 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 Gross Profit of Grupo Aeroportuario del 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 Gross Profit i.e., Grupo Aeroportuario's Gross Profit and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Grupo Aeroportuario del minus its cost of goods sold. It is profit before Grupo Aeroportuario operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 Grupo Aeroportuario's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Aeroportuario del 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Grupo Aeroportuario del. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Enterprise Value is expected to grow to about 190.1 B, whereas Selling General Administrative is forecasted to decline to about 140.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.4B | 14.5B | 19.4B | 20.4B | Total Revenue | 19.0B | 27.4B | 33.2B | 34.9B |
Grupo Aeroportuario fundamental ratios Correlations
Click cells to compare fundamentals
Grupo Aeroportuario Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Aeroportuario fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 41.6B | 51.4B | 55.3B | 60.5B | 67.4B | 38.1B | |
Other Current Liab | 1.5B | 1.1B | 759.4M | 1.2B | 1.4B | 1.5B | |
Total Current Liabilities | 4.7B | 5.3B | 9.4B | 6.9B | 12.1B | 12.7B | |
Total Stockholder Equity | 19.6B | 21.8B | 19.3B | 18.6B | 19.8B | 17.3B | |
Other Liab | 2.0B | 1.5B | 25.5B | 1.6B | 1.9B | 2.1B | |
Retained Earnings | 9.9B | 11.9B | 13.9B | 9.2B | 8.8B | 6.3B | |
Accounts Payable | 848.4M | 1.0B | 2.9B | 2.0B | 1.9B | 2.0B | |
Cash | 7.5B | 14.4B | 13.3B | 12.4B | 10.1B | 5.3B | |
Other Assets | 6.0B | 6.7B | 7.4B | 7.4B | (2K) | (1.9K) | |
Other Current Assets | 387.9M | 598.0M | 1.3B | 1.1B | 150.1M | 281.9M | |
Total Liab | 20.9B | 28.5B | 34.9B | 40.7B | 46.5B | 48.8B | |
Intangible Assets | 23.8B | 25.7B | 28.4B | 31.1B | 39.2B | 41.2B | |
Property Plant Equipment | 1.9B | 2.1B | 3.1B | 26.8B | 30.8B | 32.4B | |
Property Plant And Equipment Net | 1.9B | 2.1B | 3.1B | 3.9B | 4.6B | 4.8B | |
Current Deferred Revenue | 142.0M | 128.2M | 104.3M | 106.4M | 87.6M | 83.2M | |
Net Debt | 9.0B | 9.9B | 14.6B | 22.0B | 30.6B | 32.1B | |
Non Current Assets Total | 32.2B | 34.5B | 38.9B | 45.0B | 53.7B | 32.9B | |
Non Currrent Assets Other | 897.0M | 242.9M | 281.8M | 626.1M | 454.9M | 432.2M | |
Cash And Short Term Investments | 7.5B | 14.4B | 13.3B | 12.4B | 10.1B | 5.7B | |
Net Receivables | 1.5B | 2.3B | 3.0B | 3.0B | 3.5B | 3.7B | |
Liabilities And Stockholders Equity | 41.6B | 51.4B | 55.3B | 60.5B | 67.4B | 39.9B | |
Non Current Liabilities Total | 16.2B | 23.2B | 25.5B | 33.8B | 34.4B | 36.1B | |
Total Current Assets | 9.4B | 16.8B | 16.4B | 15.5B | 13.7B | 7.1B | |
Accumulated Other Comprehensive Income | 5.2B | 5.4B | 8.2B | 3.3B | 2.8B | 3.1B | |
Short Term Debt | 2.2B | 2.7B | 4.0B | 2.3B | 7.8B | 8.2B | |
Short Long Term Debt Total | 16.5B | 24.4B | 27.9B | 34.4B | 40.6B | 42.7B | |
Long Term Debt | 14.2B | 21.7B | 23.9B | 32.1B | 32.7B | 34.4B | |
Net Tangible Assets | (4.6B) | (3.9B) | (9.1B) | (12.4B) | (11.2B) | (10.6B) | |
Short Long Term Debt | 2.2B | 2.7B | 4.0B | 2.3B | 7.8B | 8.2B | |
Long Term Debt Total | 14.3B | 21.7B | 23.9B | 32.1B | 37.0B | 38.8B | |
Capital Lease Obligations | 37.2M | 26.2M | 59.0M | 61.6M | 52.7M | 34.8M | |
Property Plant And Equipment Gross | 4.3B | 2.1B | 6.4B | 7.8B | 9.1B | 9.6B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Grupo Aeroportuario del offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grupo Aeroportuario's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grupo Aeroportuario Del Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grupo Aeroportuario Del Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Grupo Aeroportuario del. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Transportation Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grupo Aeroportuario. If investors know Grupo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grupo Aeroportuario listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Earnings Share 8.58 | Revenue Per Share 3.4586 | Quarterly Revenue Growth 0.114 | Return On Assets 0.1241 |
The market value of Grupo Aeroportuario del is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Aeroportuario's value that differs from its market value or its book value, called intrinsic value, which is Grupo Aeroportuario's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grupo Aeroportuario's market value can be influenced by many factors that don't directly affect Grupo Aeroportuario's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grupo Aeroportuario's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aeroportuario is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aeroportuario's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.