A2Z Tax Provision vs Total Other Income Expense Net Analysis

AZ Stock  USD 6.94  0.51  7.93%   
A2Z Smart financial indicator trend analysis is way more than just evaluating A2Z Smart Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether A2Z Smart Technologies is a good investment. Please check the relationship between A2Z Smart Tax Provision and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Tax Provision vs Total Other Income Expense Net

Tax Provision vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of A2Z Smart Technologies Tax Provision account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between A2Z Smart's Tax Provision and Total Other Income Expense Net is 0.29. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of A2Z Smart Technologies, assuming nothing else is changed. The correlation between historical values of A2Z Smart's Tax Provision and Total Other Income Expense Net 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 A2Z Smart Technologies are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Tax Provision i.e., A2Z Smart's Tax Provision and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Other Income Expense Net

Most indicators from A2Z Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into A2Z Smart Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to rise to about 13.6 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Research Development3.2M4.5M4.8M2.9M
Gross Profit656K1.8M1.4M1.0M

A2Z Smart fundamental ratios Correlations

0.730.240.47-0.930.71-0.630.730.410.390.880.470.950.580.39-0.020.40.360.570.650.470.95-0.180.950.740.77
0.730.270.38-0.840.95-0.570.780.380.80.770.440.840.580.340.040.30.190.660.730.440.81-0.160.810.920.95
0.240.27-0.32-0.330.33-0.580.15-0.030.360.180.40.320.46-0.21-0.350.510.410.510.82-0.10.370.190.370.490.31
0.470.38-0.32-0.580.45-0.330.630.930.080.730.530.450.490.77-0.510.590.450.460.090.760.50.310.50.320.49
-0.93-0.84-0.33-0.58-0.890.77-0.87-0.59-0.58-0.97-0.65-0.98-0.76-0.530.19-0.58-0.5-0.78-0.78-0.62-0.990.0-0.99-0.89-0.93
0.710.950.330.45-0.89-0.70.870.480.830.840.590.880.720.46-0.070.430.360.80.790.570.87-0.020.870.970.99
-0.63-0.57-0.58-0.330.77-0.7-0.83-0.53-0.51-0.77-0.93-0.7-0.97-0.640.43-0.72-0.87-0.94-0.83-0.72-0.79-0.52-0.79-0.73-0.7
0.730.780.150.63-0.870.87-0.830.650.560.910.790.810.860.78-0.230.530.630.840.650.850.850.30.850.790.87
0.410.38-0.030.93-0.590.48-0.530.650.160.730.750.420.690.8-0.750.820.690.670.280.810.520.570.520.390.51
0.390.80.360.08-0.580.83-0.510.560.160.50.40.630.540.230.140.180.160.670.650.330.58-0.10.580.850.81
0.880.770.180.73-0.970.84-0.770.910.730.50.730.920.80.7-0.30.640.590.810.660.770.950.140.950.810.88
0.470.440.40.53-0.650.59-0.930.790.750.40.730.530.980.81-0.650.840.960.940.640.860.650.740.650.580.59
0.950.840.320.45-0.980.88-0.70.810.420.630.920.530.670.41-0.010.430.370.710.760.510.99-0.170.990.90.92
0.580.580.460.49-0.760.72-0.970.860.690.540.80.980.670.76-0.530.790.90.980.750.840.760.60.760.720.72
0.390.34-0.210.77-0.530.46-0.640.780.80.230.70.810.410.76-0.430.550.750.690.180.990.50.630.50.340.47
-0.020.04-0.35-0.510.19-0.070.43-0.23-0.750.14-0.3-0.65-0.01-0.53-0.43-0.9-0.73-0.49-0.27-0.43-0.14-0.79-0.14-0.07-0.08
0.40.30.510.59-0.580.43-0.720.530.820.180.640.840.430.790.55-0.90.850.780.590.60.540.660.540.460.46
0.360.190.410.45-0.50.36-0.870.630.690.160.590.960.370.90.75-0.730.850.820.520.790.510.830.510.360.36
0.570.660.510.46-0.780.8-0.940.840.670.670.810.940.710.980.69-0.490.780.820.80.770.780.510.780.810.79
0.650.730.820.09-0.780.79-0.830.650.280.650.660.640.760.750.18-0.270.590.520.80.310.790.130.790.880.78
0.470.44-0.10.76-0.620.57-0.720.850.810.330.770.860.510.840.99-0.430.60.790.770.310.590.610.590.460.57
0.950.810.370.5-0.990.87-0.790.850.520.580.950.650.990.760.5-0.140.540.510.780.790.59-0.021.00.890.9
-0.18-0.160.190.310.0-0.02-0.520.30.57-0.10.140.74-0.170.60.63-0.790.660.830.510.130.61-0.02-0.02-0.07-0.05
0.950.810.370.5-0.990.87-0.790.850.520.580.950.650.990.760.5-0.140.540.510.780.790.591.0-0.020.890.9
0.740.920.490.32-0.890.97-0.730.790.390.850.810.580.90.720.34-0.070.460.360.810.880.460.89-0.070.890.98
0.770.950.310.49-0.930.99-0.70.870.510.810.880.590.920.720.47-0.080.460.360.790.780.570.9-0.050.90.98
Click cells to compare fundamentals

A2Z Smart Account Relationship Matchups

A2Z Smart fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab422K387K1.1M1.3M2.5M2.7M
Total Current Liabilities1.1M1.3M2.4M6.2M5.6M2.9M
Other Liab154K8.9M218K2.6M3.0M2.2M
Net Tangible Assets(1.5M)(4.7M)9.4M1.9M2.2M2.3M
Retained Earnings(4.1M)(11.6M)(50.8M)(67.4M)(83.5M)(79.3M)
Accounts Payable471K541K989K2.2M1.7M1.1M
Net Receivables978K196K1.2M1.4M1.5M906.9K
Inventory38K19K1.1M375K250K301.6K
Other Current Assets372K573K110K2.6M660K711.9K
Other Stockholder Equity5.6M(1.3M)34.8M30.9M35.5M37.3M
Total Current Assets7.3M6.2M11.0M6.9M4.7M5.8M
Property Plant Equipment328K456K1.1M2.4M2.7M2.8M
Total Assets10.0M8.9M14.1M12.7M8.5M10.0M
Total Stockholder Equity8.0M(2.5M)11.5M5.3M2.5M4.6M
Net Debt126K(4.4M)(7.6M)14K(273K)(286.7K)
Cash289K5.4M8.5M2.6M2.3M3.5M
Non Current Assets Total2.7M2.7M3.2M5.8M3.8M3.3M
Cash And Short Term Investments5.9M5.4M8.5M2.6M2.3M4.6M
Common Stock Shares Outstanding13.5M16.8M23.3M27.7M13.9M17.6M
Liabilities And Stockholders Equity10.0M8.9M14.1M12.7M8.5M10.0M
Non Current Liabilities Total363K9.5M852K3.6M5.2M3.6M
Total Liab1.5M10.8M3.2M9.8M10.8M6.6M
Net Invested Capital8.3M(1.5M)12.2M7.0M3.9M5.5M
Accumulated Other Comprehensive Income(70K)(1.3M)(708K)(1.6M)30.5M32.0M
Capital Stock6.6M10.4M28.3M43.5M55.5M58.3M
Net Working Capital6.2M4.9M8.6M705K(901K)(856.0K)
Common Stock6.6M10.4M28.3M43.5M55.5M58.3M

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