Chicago Income Tax Expense vs Selling And Marketing Expenses Analysis
| CVR Stock | USD 16.50 0.89 5.70% |
Chicago Rivet financial indicator trend analysis is way more than just evaluating Chicago Rivet Machine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chicago Rivet Machine is a good investment. Please check the relationship between Chicago Rivet Income Tax Expense and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Income Tax Expense vs Selling And Marketing Expenses
Income Tax Expense vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chicago Rivet Machine Income Tax Expense account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chicago Rivet's Income Tax Expense and Selling And Marketing Expenses is 0.83. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Chicago Rivet Machine, assuming nothing else is changed. The correlation between historical values of Chicago Rivet's Income Tax Expense and Selling And Marketing Expenses 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 Chicago Rivet Machine are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Tax Expense i.e., Chicago Rivet's Income Tax Expense and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Income Tax Expense
Selling And Marketing Expenses
Most indicators from Chicago Rivet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chicago Rivet Machine 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 Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, Chicago Rivet's Selling General Administrative is relatively stable compared to the past year. As of 05/21/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, though Enterprise Value Over EBITDA is likely to grow to (3.13).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 5.1M | 5.0M | 5.2M | 6.3M | Cost Of Revenue | 27.5M | 29.8M | 32.1M | 26.3M |
Chicago Rivet fundamental ratios Correlations
Click cells to compare fundamentals
Chicago Rivet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chicago Rivet fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 31.7M | 31.2M | 31.8M | 33.6M | 27.8M | 29.0M | |
| Other Current Liab | 979.0K | 805.0K | 875.8K | 790.3K | 64.6K | 61.3K | |
| Total Current Liabilities | 1.6M | 1.5M | 1.9M | 1.7M | 1.9M | 2.2M | |
| Total Stockholder Equity | 29.2M | 28.7M | 29.0M | 31.0M | 26.0M | 24.3M | |
| Property Plant And Equipment Net | 13.7M | 13.2M | 12.5M | 11.9M | 11.7M | 10.6M | |
| Net Debt | (1.4M) | (2.6M) | (2.0M) | (4.0M) | (1.4M) | (1.5M) | |
| Retained Earnings | 31.5M | 31.0M | 31.3M | 33.3M | 28.3M | 25.6M | |
| Cash | 1.4M | 2.6M | 2.0M | 4.0M | 1.4M | 2.4M | |
| Non Current Assets Total | 13.7M | 13.2M | 12.5M | 11.9M | 12.0M | 10.7M | |
| Non Currrent Assets Other | (13.7M) | (13.2M) | (926.1K) | (948.1K) | (853.3K) | (895.9K) | |
| Cash And Short Term Investments | 8.0M | 7.3M | 4.8M | 6.7M | 3.2M | 6.1M | |
| Net Receivables | 4.6M | 5.2M | 5.6M | 5.0M | 4.4M | 4.7M | |
| Liabilities And Stockholders Equity | 31.7M | 31.2M | 31.8M | 33.6M | 27.8M | 29.0M | |
| Non Current Liabilities Total | 921.1K | 943.1K | 1.0M | 926.1K | 948.1K | 0.0 | |
| Inventory | 5.0M | 5.2M | 8.5M | 9.1M | 7.3M | 5.4M | |
| Other Current Assets | 427.2K | 383.8K | 346.2K | 422.7K | 960.8K | 1.3M | |
| Total Liab | 2.6M | 2.5M | 2.8M | 2.6M | 1.9M | 3.5M | |
| Property Plant And Equipment Gross | 13.7M | 13.2M | 46.9M | 45.3M | 46.3M | 48.6M | |
| Total Current Assets | 18.0M | 18.1M | 19.3M | 21.8M | 15.8M | 18.3M | |
| Accounts Payable | 490.6K | 466.4K | 692.6K | 697.2K | 789.0K | 791.1K | |
| Short Term Investments | 6.6M | 4.7M | 2.7M | 2.7M | 1.8M | 1.7M | |
| Property Plant Equipment | 13.7M | 13.2M | 12.5M | 11.9M | 13.6M | 11.8M | |
| Current Deferred Revenue | 152.6K | 249.5K | 302.4K | 203.7K | 430.2K | 227.3K | |
| Net Tangible Assets | 29.8M | 29.2M | 28.7M | 29.0M | 33.3M | 29.6M | |
| Retained Earnings Total Equity | 31.2M | 32.1M | 31.5M | 31.0M | 35.7M | 31.9M | |
| Deferred Long Term Liab | 737.1K | 921.1K | 943.1K | 1.0M | 910.0K | 789.6K | |
| Other Liab | 943.1K | 1.0M | 926.1K | 948.1K | 853.3K | 757.0K | |
| Cash And Equivalents | 1.4M | 2.6M | 2.0M | 4.0M | 4.7M | 4.9M | |
| Net Invested Capital | 29.2M | 28.7M | 29.0M | 31.0M | 26.0M | 23.1M | |
| Net Working Capital | 16.4M | 16.6M | 17.4M | 20.1M | 14.0M | 13.6M |
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Is Chicago Rivet's industry 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 Chicago Rivet. If investors know Chicago 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 Chicago Rivet 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 19.729 | Dividend Share 0.64 | Earnings Share (4.56) | Revenue Per Share 32.612 | Quarterly Revenue Growth (0.01) |
The market value of Chicago Rivet Machine is measured differently than its book value, which is the value of Chicago that is recorded on the company's balance sheet. Investors also form their own opinion of Chicago Rivet's value that differs from its market value or its book value, called intrinsic value, which is Chicago Rivet'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 Chicago Rivet's market value can be influenced by many factors that don't directly affect Chicago Rivet'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 Chicago Rivet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chicago Rivet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chicago Rivet'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.