Maison Income Tax Expense vs Income Before Tax Analysis
MSS Stock | 1.05 0.04 3.96% |
Maison Solutions financial indicator trend analysis is infinitely more than just investigating Maison Solutions recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maison Solutions is a good investment. Please check the relationship between Maison Solutions Income Tax Expense and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maison Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Maison Stock please use our How to Invest in Maison Solutions guide.
Income Tax Expense vs Income Before Tax
Income Tax Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maison Solutions Income Tax Expense account and Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Maison Solutions' Income Tax Expense and Income Before Tax is 0.33. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Maison Solutions, assuming nothing else is changed. The correlation between historical values of Maison Solutions' Income Tax Expense and Income Before Tax 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 Maison Solutions are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Income Tax Expense i.e., Maison Solutions' Income Tax Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Tax Expense
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Maison Solutions income statement and is an important metric when analyzing Maison Solutions profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Maison Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maison Solutions 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 Maison Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Maison Stock please use our How to Invest in Maison Solutions guide.Tax Provision is likely to drop to about 341.2 K in 2024. Selling General Administrative is likely to drop to about 3.5 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.3M | 12.5M | 11.4M | 11.1M | Total Revenue | 42.0M | 55.4M | 58.0M | 54.1M |
Maison Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Maison Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Maison Stock Analysis
When running Maison Solutions' price analysis, check to measure Maison Solutions' 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 Maison Solutions is operating at the current time. Most of Maison Solutions' value examination focuses on studying past and present price action to predict the probability of Maison Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Maison Solutions' price. Additionally, you may evaluate how the addition of Maison Solutions to your portfolios can decrease your overall portfolio volatility.