Ruffer Tax Provision vs Operating Income Analysis
| RICA Stock | | | 299.00 1.00 0.34% |
Ruffer Investment financial indicator trend analysis is much more than just breaking down Ruffer Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ruffer Investment is a good investment. Please check the relationship between Ruffer Investment Tax Provision and its Operating Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ruffer Investment. 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.
Tax Provision vs Operating Income
Tax Provision vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ruffer Investment Tax Provision account and
Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ruffer Investment's Tax Provision and Operating Income is -0.16. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income in the same time period over historical financial statements of Ruffer Investment, assuming nothing else is changed. The correlation between historical values of Ruffer Investment's Tax Provision and Operating 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 Ruffer Investment are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Ruffer Investment's Tax Provision and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.
Operating Income
Operating Income is the amount of profit realized from Ruffer Investment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ruffer Investment is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Ruffer Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ruffer Investment 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Ruffer Investment. 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.
Selling General Administrative is likely to drop to about 1.2
M in 2025. Tax Provision is likely to drop to about 666
K in 2025
| 2022 | 2023 | 2024 | 2025 (projected) |
Net Interest Income | 9.0M | 15.4M | 12.0M | 12.6M | Tax Provision | 619.7K | 643.7K | 1.2M | 666.0K |
Ruffer Investment fundamental ratios Correlations
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Ruffer Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ruffer Investment fundamental ratios Accounts
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