Procaps Income Tax Expense vs Cost Of Revenue Analysis

PROCW Stock  USD 0.01  0  8.03%   
Procaps Group financial indicator trend analysis is much more than just breaking down Procaps Group SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Procaps Group SA is a good investment. Please check the relationship between Procaps Group Income Tax Expense and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Procaps Group SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Procaps Group SA Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Procaps Group's Income Tax Expense and Cost Of Revenue is 0.82. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Procaps Group SA, assuming nothing else is changed. The correlation between historical values of Procaps Group's Income Tax Expense and Cost Of 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 Income Tax Expense of Procaps Group SA are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Procaps Group's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Procaps Group SA income statement and represents the costs associated with goods and services Procaps Group provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Procaps Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Procaps Group SA 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 Procaps Group SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Enterprise Value is likely to climb to about 1.6 B in 2024, whereas Tax Provision is likely to drop slightly above 12.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense85.3M34.5M38.2M40.4M
Depreciation And Amortization15.1M16.8M15.2M13.0M

Procaps Group fundamental ratios Correlations

-0.95-0.930.680.96-0.6-0.9-0.95-0.83-0.890.92-0.640.49-0.930.920.93-0.88-0.01-0.840.960.560.98-0.940.95-0.690.87
-0.950.83-0.53-0.980.60.771.00.890.89-0.960.68-0.690.93-0.96-0.810.81-0.180.82-0.88-0.67-0.970.95-0.840.69-0.74
-0.930.83-0.65-0.890.590.980.820.80.89-0.810.55-0.180.89-0.81-0.910.880.350.82-0.88-0.43-0.880.85-0.920.55-0.83
0.68-0.53-0.650.61-0.45-0.77-0.48-0.22-0.370.37-0.52-0.02-0.730.370.89-0.810.07-0.830.85-0.190.62-0.710.87-0.870.78
0.96-0.98-0.890.61-0.66-0.86-0.97-0.87-0.910.92-0.710.55-0.980.920.86-0.890.06-0.90.910.560.96-0.970.89-0.720.79
-0.60.60.59-0.45-0.660.570.540.360.74-0.420.97-0.250.72-0.42-0.580.830.020.76-0.56-0.09-0.460.75-0.560.55-0.8
-0.90.770.98-0.77-0.860.570.760.690.81-0.720.54-0.070.89-0.72-0.950.90.340.85-0.9-0.27-0.840.83-0.950.63-0.85
-0.951.00.82-0.48-0.970.540.760.920.89-0.980.61-0.70.9-0.98-0.780.77-0.150.77-0.86-0.73-0.970.92-0.820.64-0.7
-0.830.890.8-0.22-0.870.360.690.920.87-0.960.38-0.590.76-0.96-0.610.590.10.58-0.67-0.84-0.880.74-0.660.35-0.48
-0.890.890.89-0.37-0.910.740.810.890.87-0.880.7-0.460.85-0.88-0.730.810.210.73-0.75-0.65-0.840.86-0.760.43-0.78
0.92-0.96-0.810.370.92-0.42-0.72-0.98-0.96-0.88-0.470.69-0.811.00.72-0.660.06-0.650.80.830.96-0.830.76-0.490.62
-0.640.680.55-0.52-0.710.970.540.610.380.7-0.47-0.420.78-0.47-0.620.84-0.220.82-0.63-0.12-0.540.83-0.60.7-0.79
0.49-0.69-0.18-0.020.55-0.25-0.07-0.7-0.59-0.460.69-0.42-0.430.690.22-0.240.67-0.30.380.760.57-0.530.26-0.370.22
-0.930.930.89-0.73-0.980.720.890.90.760.85-0.810.78-0.43-0.81-0.910.96-0.050.97-0.93-0.38-0.910.99-0.920.82-0.84
0.92-0.96-0.810.370.92-0.42-0.72-0.98-0.96-0.881.0-0.470.69-0.810.72-0.660.06-0.650.80.830.96-0.830.76-0.490.62
0.93-0.81-0.910.890.86-0.58-0.95-0.78-0.61-0.730.72-0.620.22-0.910.72-0.93-0.06-0.90.980.230.88-0.91.0-0.80.91
-0.880.810.88-0.81-0.890.830.90.770.590.81-0.660.84-0.240.96-0.66-0.930.050.97-0.91-0.17-0.80.94-0.920.81-0.93
-0.01-0.180.350.070.060.020.34-0.150.10.210.06-0.220.67-0.050.06-0.060.05-0.090.080.080.08-0.16-0.06-0.45-0.09
-0.840.820.82-0.83-0.90.760.850.770.580.73-0.650.82-0.30.97-0.65-0.90.97-0.09-0.91-0.14-0.80.95-0.90.89-0.85
0.96-0.88-0.880.850.91-0.56-0.9-0.86-0.67-0.750.8-0.630.38-0.930.80.98-0.910.08-0.910.330.93-0.930.99-0.840.88
0.56-0.67-0.43-0.190.56-0.09-0.27-0.73-0.84-0.650.83-0.120.76-0.380.830.23-0.170.08-0.140.330.64-0.420.280.00.17
0.98-0.97-0.880.620.96-0.46-0.84-0.97-0.88-0.840.96-0.540.57-0.910.960.88-0.80.08-0.80.930.64-0.910.91-0.680.75
-0.940.950.85-0.71-0.970.750.830.920.740.86-0.830.83-0.530.99-0.83-0.90.94-0.160.95-0.93-0.42-0.91-0.90.83-0.87
0.95-0.84-0.920.870.89-0.56-0.95-0.82-0.66-0.760.76-0.60.26-0.920.761.0-0.92-0.06-0.90.990.280.91-0.9-0.790.9
-0.690.690.55-0.87-0.720.550.630.640.350.43-0.490.7-0.370.82-0.49-0.80.81-0.450.89-0.840.0-0.680.83-0.79-0.7
0.87-0.74-0.830.780.79-0.8-0.85-0.7-0.48-0.780.62-0.790.22-0.840.620.91-0.93-0.09-0.850.880.170.75-0.870.9-0.7
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Procaps Group Account Relationship Matchups

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