VMART Stock | | | 3,969 9.00 0.23% |
V Mart financial indicator trend analysis is much more than just breaking down V Mart Retail prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether V Mart Retail is a good investment. Please check the relationship between V Mart Net Income From Continuing Ops and its Tax Provision accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in V Mart Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Net Income From Continuing Ops vs Tax Provision
Net Income From Continuing Ops vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
V Mart Retail Net Income From Continuing Ops account and
Tax Provision. At this time, the significance of the direction appears to have almost identical trend.
The correlation between V Mart's Net Income From Continuing Ops and Tax Provision is 0.98. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Tax Provision in the same time period over historical financial statements of V Mart Retail Limited, assuming nothing else is changed. The correlation between historical values of V Mart's Net Income From Continuing Ops 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 From Continuing Ops of V Mart Retail Limited 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 From Continuing Ops i.e., V Mart's Net Income From Continuing Ops and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
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 V Mart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into V Mart Retail 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 V Mart Retail Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
As of the 29th of November 2024,
Selling General Administrative is likely to drop to about 192.8
M. In addition to that, Tax Provision is likely to grow to about (320.5
M)
V Mart fundamental ratios Correlations
Click cells to compare fundamentals
V Mart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
V Mart fundamental ratios Accounts
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Other Information on Investing in VMART Stock
Balance Sheet is a snapshot of the
financial position of V Mart Retail at a specified time, usually calculated after every quarter, six months, or one year. V Mart Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of V Mart and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which VMART currently owns. An asset can also be divided into two categories, current and non-current.