TV Stock | | | USD 2.07 0.01 0.49% |
Grupo Televisa financial indicator trend analysis is much more than just examining Grupo Televisa SAB latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grupo Televisa SAB is a good investment. Please check the relationship between Grupo Televisa Tax Provision and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Grupo Televisa SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Tax Provision vs Depreciation And Amortization
Tax Provision vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grupo Televisa SAB Tax Provision account and
Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Grupo Televisa's Tax Provision and Depreciation And Amortization is -0.35. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Grupo Televisa SAB, assuming nothing else is changed. The correlation between historical values of Grupo Televisa's Tax Provision and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Grupo Televisa SAB are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Tax Provision i.e., Grupo Televisa's Tax Provision and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
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.
Most indicators from Grupo Televisa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grupo Televisa SAB 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 Grupo Televisa SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Discontinued Operations is likely to climb to about 67.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.9
B in 2024.
Grupo Televisa fundamental ratios Correlations
Click cells to compare fundamentals
Grupo Televisa Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grupo Televisa fundamental ratios Accounts
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