Mizuho Income Tax Expense vs Depreciation And Amortization Analysis

MFG Stock  USD 4.54  0.03  0.67%   
Mizuho Financial financial indicator trend analysis is infinitely more than just investigating Mizuho Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mizuho Financial is a good investment. Please check the relationship between Mizuho Financial Income Tax Expense and its Depreciation And Amortization accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mizuho Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Income Tax Expense vs Depreciation And Amortization

Income Tax Expense vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mizuho Financial Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have no relationship.
The correlation between Mizuho Financial's Income Tax Expense and Depreciation And Amortization is 0.09. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Mizuho Financial Group, assuming nothing else is changed. The correlation between historical values of Mizuho Financial's Income Tax Expense 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 Income Tax Expense of Mizuho Financial Group 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 Income Tax Expense i.e., Mizuho Financial's Income Tax Expense and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

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 Mizuho Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mizuho Financial 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mizuho Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The current Selling General Administrative is estimated to decrease to about 1.4 T. The current Tax Provision is estimated to decrease to about 144.7 B
 2021 2022 2023 2024 (projected)
Interest Expense315.6B2.2T4.9T5.1T
Depreciation And Amortization165.6B166.9B178.2B95.0B

Mizuho Financial fundamental ratios Correlations

0.430.320.87-0.19-0.670.870.840.520.410.31-0.21-0.23-0.410.41-0.271.0-0.160.330.410.710.690.680.770.52-0.61
0.430.980.170.020.130.510.610.930.990.05-0.93-0.170.00.99-0.140.43-0.290.20.990.440.320.750.420.79-0.73
0.320.980.08-0.070.270.410.490.930.97-0.08-0.92-0.10.130.96-0.210.32-0.320.180.970.460.210.650.290.8-0.65
0.870.170.08-0.31-0.790.860.750.30.160.40.090.15-0.560.17-0.40.860.150.420.180.740.710.340.740.45-0.28
-0.190.02-0.07-0.31-0.01-0.330.02-0.330.060.31-0.28-0.43-0.090.110.95-0.170.22-0.470.03-0.730.060.070.08-0.37-0.2
-0.670.130.27-0.79-0.01-0.69-0.70.080.12-0.46-0.32-0.040.550.110.09-0.66-0.34-0.110.13-0.3-0.74-0.28-0.75-0.110.29
0.870.510.410.86-0.33-0.690.920.630.490.3-0.220.02-0.40.49-0.50.86-0.020.380.490.780.780.640.840.7-0.55
0.840.610.490.750.02-0.70.920.60.620.4-0.41-0.09-0.440.62-0.170.840.060.220.610.550.820.760.890.65-0.76
0.520.930.930.3-0.330.080.630.60.91-0.07-0.76-0.050.00.89-0.470.52-0.380.340.910.690.310.720.410.87-0.64
0.410.990.970.160.060.120.490.620.910.06-0.94-0.14-0.031.0-0.090.42-0.230.180.990.420.340.740.420.79-0.73
0.310.05-0.080.40.31-0.460.30.4-0.070.06-0.040.04-0.370.10.150.310.560.560.040.040.540.30.47-0.06-0.14
-0.21-0.93-0.920.09-0.28-0.32-0.22-0.41-0.76-0.94-0.040.26-0.08-0.95-0.17-0.220.23-0.03-0.93-0.14-0.15-0.67-0.22-0.590.68
-0.23-0.17-0.10.15-0.43-0.040.02-0.09-0.05-0.140.040.26-0.35-0.16-0.42-0.250.520.34-0.080.24-0.07-0.39-0.150.130.35
-0.410.00.13-0.56-0.090.55-0.4-0.440.0-0.03-0.37-0.08-0.35-0.03-0.06-0.4-0.27-0.14-0.09-0.16-0.4-0.12-0.38-0.060.14
0.410.990.960.170.110.110.490.620.891.00.1-0.95-0.16-0.03-0.050.41-0.220.170.990.390.360.730.440.77-0.72
-0.27-0.14-0.21-0.40.950.09-0.5-0.17-0.47-0.090.15-0.17-0.42-0.06-0.05-0.260.19-0.55-0.12-0.8-0.1-0.06-0.09-0.51-0.07
1.00.430.320.86-0.17-0.660.860.840.520.420.31-0.22-0.25-0.40.41-0.26-0.170.320.410.70.690.690.770.52-0.63
-0.16-0.29-0.320.150.22-0.34-0.020.06-0.38-0.230.560.230.52-0.27-0.220.19-0.170.27-0.24-0.190.24-0.180.18-0.160.3
0.330.20.180.42-0.47-0.110.380.220.340.180.56-0.030.34-0.140.17-0.550.320.270.180.590.30.250.250.330.04
0.410.990.970.180.030.130.490.610.910.990.04-0.93-0.08-0.090.99-0.120.41-0.240.180.440.30.720.390.79-0.72
0.710.440.460.74-0.73-0.30.780.550.690.420.04-0.140.24-0.160.39-0.80.7-0.190.590.440.430.370.450.74-0.27
0.690.320.210.710.06-0.740.780.820.310.340.54-0.15-0.07-0.40.36-0.10.690.240.30.30.430.480.950.34-0.42
0.680.750.650.340.07-0.280.640.760.720.740.3-0.67-0.39-0.120.73-0.060.69-0.180.250.720.370.480.60.55-0.88
0.770.420.290.740.08-0.750.840.890.410.420.47-0.22-0.15-0.380.44-0.090.770.180.250.390.450.950.60.42-0.53
0.520.790.80.45-0.37-0.110.70.650.870.79-0.06-0.590.13-0.060.77-0.510.52-0.160.330.790.740.340.550.42-0.5
-0.61-0.73-0.65-0.28-0.20.29-0.55-0.76-0.64-0.73-0.140.680.350.14-0.72-0.07-0.630.30.04-0.72-0.27-0.42-0.88-0.53-0.5
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Mizuho Financial Account Relationship Matchups

Mizuho Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets214.7T225.6T237.1T254.3T278.7T203.0T
Short Long Term Debt Total17.2T21.6T20.9T19.6T61.2T64.3T
Total Current Liabilities5.2T6.4T3.1T3.6T66.7T70.1T
Total Stockholder Equity8.6T9.3T9.1T9.1T10.2T6.9T
Property Plant And Equipment Net1.1T1.1T1.1T1.1T1.1T1.1T
Net Debt(23.9T)(26.3T)(30.5T)(47.6T)(11.7T)(11.1T)
Retained Earnings4.2T4.4T4.8T5.1T5.5T5.8T
Cash41.1T48.0T51.4T67.2T73.0T76.6T
Non Current Assets Total52.6T61.3T63.0T60.3T145.3T152.6T
Non Currrent Assets Other(32.5B)(31.4B)6.5T(316.2B)134.3T141.0T
Other Assets102.3T89.2T300.1T126.8T145.8T142.5T
Cash And Short Term Investments59.1T74.4T51.4T67.2T(73.6T)(69.9T)
Common Stock Shares Outstanding2.5B2.5B2.5B2.5B2.5B4.0B
Liabilities And Stockholders Equity214.7T225.6T237.1T254.3T278.7T203.0T
Non Current Liabilities Total14.7T18.6T17.9T3.6T201.6T211.7T
Other Stockholder Equity1.1T1.1T1.1T1.1T1.2T860.0B
Total Liab206.0T216.2T227.9T245.0T268.4T194.8T
Property Plant And Equipment Gross1.1T1.1T1.9T1.1T1.1T1.4T
Total Current Assets59.8T75.1T174.0T67.2T133.4T100.5T
Accumulated Other Comprehensive Income993.0B1.4T947.2B662.1B1.2T929.9B
Short Term Debt2.7T3.4T3.1T3.6T42.8T44.9T
Other Liab8.5T8.0T9.2T8.0T9.2T9.7T
Accounts Payable2.5T3.0T155.7T164.3T188.9T198.4T
Long Term Debt10.3T18.2T17.8T16.0T18.0T18.9T
Good Will61.3B56.2B52.5B49.6B116.4B122.2B
Short Term Investments18.1T26.4T6.7T(146.5T)(131.9T)(125.3T)
Intangible Assets574.9B564.0B548.7B523.1B608.7B507.1B
Property Plant Equipment1.1T1.1T1.1T1.1T1.3T1.3T
Net Receivables644.2B706.5B1.2T1.3T1.2T2.2T
Other Current Assets84.9T85.9T122.7T112.8T133.4T89.4T
Treasury Stock(6.0B)(7.7B)(6.4B)(7.1B)(6.4B)(6.1B)
Other Current Liab(5.2T)(6.4T)18.0T(3.6T)23.9T25.1T
Inventory(80.1T)(82.6T)(84.9T)(85.9T)(77.3T)(73.4T)
Net Tangible Assets7.9T8.6T8.5T8.6T9.8T7.1T
Long Term Debt Total10.3T11.7T12.6T15.6T17.9T11.4T
Capital Surpluse1.1T1.1T1.1T1.1T1.3T872.8B
Capital Lease Obligations36.0B25.0B643.5B645.7B742.6B779.7B

Currently Active Assets on Macroaxis

When determining whether Mizuho Financial is a strong investment it is important to analyze Mizuho Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mizuho Financial's future performance. For an informed investment choice regarding Mizuho Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mizuho Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mizuho Financial. If investors know Mizuho will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mizuho Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.18
Dividend Share
105
Earnings Share
0.37
Revenue Per Share
260.4498
Quarterly Revenue Growth
0.232
The market value of Mizuho Financial is measured differently than its book value, which is the value of Mizuho that is recorded on the company's balance sheet. Investors also form their own opinion of Mizuho Financial's value that differs from its market value or its book value, called intrinsic value, which is Mizuho Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mizuho Financial's market value can be influenced by many factors that don't directly affect Mizuho Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mizuho Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mizuho Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mizuho Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.