| PCT Stock | | | 344.50 9.00 2.68% |
Polar Capital financial indicator trend analysis is much more than just breaking down Polar Capital Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Polar Capital Technology is a good investment. Please check the relationship between Polar Capital Total Operating Expenses and its Income Tax Expense accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Capital Technology. 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.
Total Operating Expenses vs Income Tax Expense
Total Operating Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Polar Capital Technology Total Operating Expenses account and
Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Polar Capital's Total Operating Expenses and Income Tax Expense is 0.22. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Polar Capital Technology, assuming nothing else is changed. The correlation between historical values of Polar Capital's Total Operating Expenses 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 Total Operating Expenses of Polar Capital Technology 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 Total Operating Expenses i.e., Polar Capital's Total Operating Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Income Tax Expense
Most indicators from Polar Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Polar Capital Technology 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 Polar Capital Technology. 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 2
M, whereas
Selling General Administrative is forecasted to decline to about 1.1
M.
Polar Capital fundamental ratios Correlations
Click cells to compare fundamentals
Polar Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Polar Capital fundamental ratios Accounts
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Other Information on Investing in Polar Stock
Balance Sheet is a snapshot of the
financial position of Polar Capital Technology at a specified time, usually calculated after every quarter, six months, or one year. Polar Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Polar Capital 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 Polar currently owns. An asset can also be divided into two categories, current and non-current.