SUZ Stock | | | USD 10.35 0.31 3.09% |
Suzano Papel financial indicator trend analysis is much more than just breaking down Suzano Papel e prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzano Papel e is a good investment. Please check the relationship between Suzano Papel Interest Expense and its Income Tax Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Suzano Papel e. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Interest Expense vs Income Tax Expense
Interest Expense vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Suzano Papel e Interest Expense account and
Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Suzano Papel's Interest Expense and Income Tax Expense is 0.32. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Suzano Papel e, assuming nothing else is changed. The correlation between historical values of Suzano Papel's Interest Expense 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 Interest Expense of Suzano Papel e 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 Interest Expense i.e., Suzano Papel's Interest Expense and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Income Tax Expense
Most indicators from Suzano Papel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzano Papel e 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 Suzano Papel e. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Suzano Papel's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 5.1
B in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 6.8
M in 2024.
Suzano Papel fundamental ratios Correlations
Click cells to compare fundamentals
Suzano Papel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Suzano Papel fundamental ratios Accounts
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