Sprint Earnings before Tax vs Average Equity Analysis

S -- USA Stock  

USD 5.52  0.03  0.55%

Sprint financial indicator trend analysis is much more than just breaking down Sprint prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprint is a good investment. Please check the relationship between Sprint Earnings before Tax and its Average Equity accounts. Also please take a look at World Market Map.

Earnings before Tax vs Average Equity

Accounts Relationship

Earnings before Tax vs Average Equity

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Sprint Earnings before Tax account and Average Equity

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

Average Equity

Average equity value for the period used in calculation of Return on Average Equity, derived from Shareholders Equity.

Did you try this?

Run Pattern Recognition Now
   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Pattern Recognition

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Also please take a look at World Market Map. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.