STAN Stock | | | 972.40 7.00 0.71% |
Standard Chartered financial indicator trend analysis is much more than just breaking down Standard Chartered PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Chartered PLC is a good investment. Please check the relationship between Standard Chartered Depreciation And Amortization and its Income Tax Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Chartered PLC. 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.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Standard Chartered PLC Depreciation And Amortization account and
Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Standard Chartered's Depreciation And Amortization and Income Tax Expense is 0.14. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Standard Chartered PLC, assuming nothing else is changed. The correlation between historical values of Standard Chartered's Depreciation And Amortization 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 Depreciation And Amortization of Standard Chartered PLC 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 Depreciation And Amortization i.e., Standard Chartered's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Income Tax Expense
Most indicators from Standard Chartered's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard Chartered PLC 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Chartered PLC. 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.
Selling General Administrative is likely to gain to about 1.8
B in 2024, whereas
Tax Provision is likely to drop slightly above 1.3
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 1.2B | 1.2B | 1.1B | 1.1B | Income Tax Expense | 1.0B | 1.4B | 1.6B | 853.5M |
Standard Chartered fundamental ratios Correlations
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Standard Chartered Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard Chartered fundamental ratios Accounts
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