XBP Tax Provision vs Net Income Analysis

XBPEW Stock   0.03  0.01  15.25%   
XBP Europe financial indicator trend analysis is more than just analyzing XBP Europe Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XBP Europe Holdings is a good investment. Please check the relationship between XBP Europe Tax Provision and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XBP Europe Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Tax Provision vs Net Income

Tax Provision vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XBP Europe Holdings Tax Provision account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between XBP Europe's Tax Provision and Net Income is -0.93. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income in the same time period over historical financial statements of XBP Europe Holdings, assuming nothing else is changed. The correlation between historical values of XBP Europe's Tax Provision and Net Income 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 XBP Europe Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Tax Provision i.e., XBP Europe's Tax Provision and Net Income go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in XBP Europe Holdings financial statement analysis. It represents the amount of money remaining after all of XBP Europe Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from XBP Europe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XBP Europe Holdings 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XBP Europe Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, XBP Europe's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 40.2 M in 2024, despite the fact that Sales General And Administrative To Revenue is likely to grow to (0).
 2021 2022 2023 2024 (projected)
Interest Expense3.1M7.2M8.3M4.2M
Depreciation And Amortization4.4M3.9M3.5M4.6M

XBP Europe fundamental ratios Correlations

0.870.80.940.99-0.70.770.890.810.7-0.660.50.79-0.110.390.50.950.810.850.76-0.44-0.880.70.930.750.84
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0.390.660.630.530.470.180.680.090.490.7-0.490.970.670.780.970.520.650.640.550.49-0.080.420.590.690.7
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-0.440.020.1-0.39-0.360.820.17-0.62-0.010.29-0.050.470.130.720.490.47-0.19-0.010.060.120.70.1-0.110.220.02
-0.88-0.6-0.47-0.86-0.820.82-0.45-0.77-0.51-0.370.33-0.21-0.460.22-0.08-0.21-0.77-0.46-0.59-0.490.7-0.37-0.69-0.42-0.5
0.70.90.960.490.75-0.110.930.670.980.92-0.940.570.94-0.030.420.570.830.890.90.960.1-0.370.870.930.89
0.930.990.960.850.95-0.40.950.760.940.91-0.820.720.950.130.590.720.990.920.980.94-0.11-0.690.870.940.95
0.750.980.990.650.8-0.091.00.570.951.0-0.880.820.990.30.690.820.890.920.980.980.22-0.420.930.940.95
0.840.970.970.760.9-0.250.960.730.950.93-0.90.770.980.170.70.770.910.990.940.910.02-0.50.890.950.95
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XBP Europe Account Relationship Matchups

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When running XBP Europe's price analysis, check to measure XBP Europe'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 XBP Europe is operating at the current time. Most of XBP Europe's value examination focuses on studying past and present price action to predict the probability of XBP Europe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XBP Europe's price. Additionally, you may evaluate how the addition of XBP Europe to your portfolios can decrease your overall portfolio volatility.