| TLS Stock | | | USD 3.25 0.07 2.11% |
Telos Corp financial indicator trend analysis is much more than just breaking down Telos Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telos Corp is a good investment. Please check the relationship between Telos Corp Net Income and its Tax Provision accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Telos 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 bureau of economic analysis.
For more information on how to buy Telos Stock please use our
How to Invest in Telos Corp guide.
Net Income vs Tax Provision
Net Income vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Telos Corp Net Income account and
Tax Provision. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Telos Corp's Net Income and Tax Provision is 0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Telos Corp, assuming nothing else is changed. The correlation between historical values of Telos Corp's Net Income 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 Net Income of Telos 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 Net Income i.e., Telos Corp's Net Income and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Telos Corp financial statement analysis. It represents the amount of money remaining after all of Telos Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Telos Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telos 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Telos 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 bureau of economic analysis.
For more information on how to buy Telos Stock please use our
How to Invest in Telos Corp guide.
Selling General Administrative is likely to drop to about 70.2
M in 2024. Tax Provision is likely to drop to about (11.6
K) in 2024
Telos Corp fundamental ratios Correlations
Click cells to compare fundamentals
Telos Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Telos Corp fundamental ratios Accounts
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Additional Tools for Telos Stock Analysis
When running Telos Corp's price analysis, check to
measure Telos Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Telos Corp is operating at the current time. Most of Telos Corp's value examination focuses on studying past and present price action to
predict the probability of Telos Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telos Corp's price. Additionally, you may evaluate how the addition of Telos Corp to your portfolios can decrease your overall portfolio volatility.