| PILANIINVS | | | 6,213 51.55 0.82% |
Pilani Investment financial indicator trend analysis is much more than just breaking down Pilani Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pilani Investment is a good investment. Please check the relationship between Pilani Investment Tax Provision and its Total Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilani Investment and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision vs Total Revenue
Tax Provision vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pilani Investment Tax Provision account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pilani Investment's Tax Provision and Total Revenue is 0.94. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Pilani Investment and, assuming nothing else is changed. The correlation between historical values of Pilani Investment's Tax Provision and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Pilani Investment and are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Tax Provision i.e., Pilani Investment's Tax Provision and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
Total Revenue
Total revenue comprises all receipts Pilani Investment generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Pilani Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pilani Investment 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 Pilani Investment and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The Pilani Investment's current
Selling General Administrative is estimated to increase to about 2.1
M. The Pilani Investment's current Tax Provision is estimated to increase to about 544.8
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.2B | 2.1B | 2.8B | 3.0B | Total Revenue | 2.6B | 2.8B | 2.9B | 3.0B |
Pilani Investment fundamental ratios Correlations
Click cells to compare fundamentals
Pilani Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pilani Investment fundamental ratios Accounts
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Other Information on Investing in Pilani Stock
Balance Sheet is a snapshot of the
financial position of Pilani Investment at a specified time, usually calculated after every quarter, six months, or one year. Pilani Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pilani Investment 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 Pilani currently owns. An asset can also be divided into two categories, current and non-current.