Supercom Income Tax Expense vs Depreciation And Amortization Analysis
| SPCB Stock | USD 0.24 0.01 4.00% |
Supercom financial indicator trend analysis is much more than just breaking down Supercom prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Supercom is a good investment. Please check the relationship between Supercom Income Tax Expense and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Supercom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Supercom Stock refer to our How to Trade Supercom Stock guide.
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 Supercom Income Tax Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Supercom's Income Tax Expense and Depreciation And Amortization is 0.51. 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 Supercom, assuming nothing else is changed. The correlation between historical values of Supercom'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 Supercom 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., Supercom's Income Tax Expense and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.51 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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 Supercom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Supercom 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Supercom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Supercom Stock refer to our How to Trade Supercom Stock guide.At present, Supercom's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 5.1 M, whereas Selling General Administrative is forecasted to decline to about 3.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.6M | 1.8M | 2.0M | 1.2M | Depreciation And Amortization | 2.2M | 2.7M | 3.0M | 1.7M |
Supercom fundamental ratios Correlations
Click cells to compare fundamentals
Supercom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Supercom fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Total Equity | 1.0M | 1.1M | 1.1M | 1.4M | 1.6M | 1.7M | |
| Property Plant And Equipment Gross | 894K | 1.4M | 6.7M | 8.4M | 10.7M | 11.3M | |
| Other Liab | 789K | 875K | 748K | 962K | 1.1M | 1.1M | |
| Long Term Debt | 14.2M | 15.0M | 30.5M | 32.6M | 34.0M | 35.6M | |
| Property Plant Equipment | 894K | 1.4M | 2.7M | 2.1M | 2.4M | 2.6M | |
| Other Assets | 872K | 735K | 689K | 983K | 1.1M | 1.6M | |
| Net Tangible Assets | (6.8M) | (8.4M) | (8.2M) | (9.5M) | (8.6M) | (8.1M) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Supercom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Supercom's short interest history, or implied volatility extrapolated from Supercom options trading.
Currently Active Assets on Macroaxis
When determining whether Supercom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Supercom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Supercom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Supercom Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Supercom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Supercom Stock refer to our How to Trade Supercom Stock guide.Note that the Supercom information on this page should be used as a complementary analysis to other Supercom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Supercom Stock analysis
When running Supercom's price analysis, check to measure Supercom's 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 Supercom is operating at the current time. Most of Supercom's value examination focuses on studying past and present price action to predict the probability of Supercom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supercom's price. Additionally, you may evaluate how the addition of Supercom to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Supercom'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 Supercom. If investors know Supercom 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 Supercom 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 2.104 | Earnings Share (0.60) | Revenue Per Share 3.929 | Quarterly Revenue Growth 0.107 | Return On Assets (0.05) |
The market value of Supercom is measured differently than its book value, which is the value of Supercom that is recorded on the company's balance sheet. Investors also form their own opinion of Supercom's value that differs from its market value or its book value, called intrinsic value, which is Supercom'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 Supercom's market value can be influenced by many factors that don't directly affect Supercom'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 Supercom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Supercom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Supercom'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.