Redwire Research Development vs Tax Provision Analysis
RDW Stock | USD 11.68 0.66 5.99% |
Redwire Corp financial indicator trend analysis is much more than just breaking down Redwire Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Redwire Corp is a good investment. Please check the relationship between Redwire Corp Research Development and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redwire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Redwire Stock please use our How to Invest in Redwire Corp guide.
Research Development vs Tax Provision
Research Development vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Redwire Corp Research Development account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Redwire Corp's Research Development and Tax Provision is -0.75. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Redwire Corp, assuming nothing else is changed. The correlation between historical values of Redwire Corp's Research Development 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 Research Development of Redwire Corp 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 Research Development i.e., Redwire Corp's Research Development and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Research Development
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 Redwire Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Redwire Corp 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 Redwire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Redwire Stock please use our How to Invest in Redwire Corp guide.At this time, Redwire Corp's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 342.9 M in 2024, whereas Tax Provision is likely to drop (1.5 M) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 10.6M | 11.6M | 10.7M | 7.9M | Interest Income | 6.5M | 8.2M | 9.5M | 9.9M |
Redwire Corp fundamental ratios Correlations
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Redwire Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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