Pinstripes Selling And Marketing Expenses vs Tax Provision Analysis
PNST Stock | 0.85 0.03 3.41% |
Pinstripes Holdings financial indicator trend analysis is much more than just breaking down Pinstripes Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinstripes Holdings is a good investment. Please check the relationship between Pinstripes Holdings Selling And Marketing Expenses and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinstripes Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.
Selling And Marketing Expenses vs Tax Provision
Selling And Marketing Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinstripes Holdings Selling And Marketing Expenses account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pinstripes Holdings' Selling And Marketing Expenses and Tax Provision is -0.04. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Pinstripes Holdings, assuming nothing else is changed. The correlation between historical values of Pinstripes Holdings' Selling And Marketing Expenses 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 Selling And Marketing Expenses of Pinstripes Holdings 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 Selling And Marketing Expenses i.e., Pinstripes Holdings' Selling And Marketing Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
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 Pinstripes Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinstripes Holdings 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 Pinstripes Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Pinstripes Stock please use our How to Invest in Pinstripes Holdings guide.At this time, Pinstripes Holdings' Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Tax Provision is likely to drop slightly above 34.2 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3M | 1.9M | 11.7M | 12.3M | Depreciation And Amortization | 8.8M | 8.1M | 8.4M | 6.8M |
Pinstripes Holdings fundamental ratios Correlations
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Pinstripes Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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