Pop Income Before Tax vs Tax Provision Analysis

CPOP Stock  USD 1.43  0.05  3.62%   
Pop Culture financial indicator trend analysis is much more than just breaking down Pop Culture Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pop Culture Group is a good investment. Please check the relationship between Pop Culture Income Before Tax and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pop Culture Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Income Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pop Culture Group Income Before Tax account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pop Culture's Income Before Tax and Tax Provision is 0.72. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Pop Culture Group, assuming nothing else is changed. The correlation between historical values of Pop Culture's Income Before Tax and Tax Provision 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 Before Tax of Pop Culture Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Pop Culture's Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Pop Culture income statement and is an important metric when analyzing Pop Culture Group 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.

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.
Most indicators from Pop Culture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pop Culture Group 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 Pop Culture Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Pop Culture's Tax Provision is relatively stable compared to the past year. As of 06/02/2024, Selling General Administrative is likely to grow to about 7.6 M, though Enterprise Value Multiple is likely to grow to (0.75).
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.8M19.7M22.6M23.7M
Cost Of Revenue26.0M22.2M25.5M20.0M

Pop Culture fundamental ratios Correlations

0.970.87-0.220.690.760.99-0.550.830.84-0.390.970.8-0.750.920.920.870.410.48-0.210.630.740.80.68-0.930.42
0.970.81-0.280.820.670.96-0.440.740.78-0.410.90.72-0.840.810.880.740.40.6-0.010.450.570.660.5-0.930.32
0.870.81-0.560.570.980.82-0.760.981.0-0.680.860.89-0.520.890.790.860.620.19-0.260.660.820.870.71-0.830.08
-0.22-0.28-0.56-0.39-0.64-0.090.57-0.53-0.580.63-0.11-0.53-0.03-0.14-0.21-0.11-0.810.18-0.330.13-0.17-0.280.060.230.68
0.690.820.57-0.390.460.66-0.190.430.56-0.40.560.41-0.750.430.490.360.410.550.20.080.240.350.13-0.69-0.12
0.760.670.98-0.640.460.68-0.830.980.99-0.690.770.9-0.330.830.680.820.710.0-0.320.650.830.880.71-0.71-0.05
0.990.960.82-0.090.660.68-0.460.780.78-0.360.970.72-0.820.910.920.860.260.56-0.230.650.70.750.69-0.940.53
-0.55-0.44-0.760.57-0.19-0.83-0.46-0.83-0.780.5-0.55-0.710.04-0.64-0.61-0.65-0.680.390.25-0.54-0.72-0.74-0.590.34-0.04
0.830.740.98-0.530.430.980.78-0.830.98-0.650.840.91-0.420.90.80.880.620.08-0.310.70.850.890.75-0.770.15
0.840.781.0-0.580.560.990.78-0.780.98-0.680.840.89-0.480.870.750.860.650.14-0.290.660.830.880.72-0.80.03
-0.39-0.41-0.680.63-0.4-0.69-0.360.5-0.65-0.68-0.35-0.450.41-0.38-0.4-0.35-0.35-0.13-0.13-0.2-0.3-0.33-0.230.460.26
0.970.90.86-0.110.560.770.97-0.550.840.84-0.350.8-0.690.980.880.950.340.41-0.410.790.840.880.82-0.910.5
0.80.720.89-0.530.410.90.72-0.710.910.89-0.450.8-0.290.850.750.830.760.07-0.30.610.820.890.67-0.730.08
-0.75-0.84-0.52-0.03-0.75-0.33-0.820.04-0.42-0.480.41-0.69-0.29-0.55-0.69-0.470.11-0.86-0.15-0.25-0.22-0.28-0.270.83-0.41
0.920.810.89-0.140.430.830.91-0.640.90.87-0.380.980.85-0.550.840.990.380.26-0.520.870.920.940.9-0.850.47
0.920.880.79-0.210.490.680.92-0.610.80.75-0.40.880.75-0.690.840.780.330.42-0.030.530.610.680.57-0.820.55
0.870.740.86-0.110.360.820.86-0.650.880.86-0.350.950.83-0.470.990.780.380.17-0.620.920.960.960.95-0.80.46
0.410.40.62-0.810.410.710.26-0.680.620.65-0.350.340.760.110.380.330.38-0.32-0.030.160.490.590.24-0.28-0.46
0.480.60.190.180.550.00.560.390.080.14-0.130.410.07-0.860.260.420.17-0.320.29-0.02-0.09-0.03-0.02-0.680.35
-0.21-0.01-0.26-0.330.2-0.32-0.230.25-0.31-0.29-0.13-0.41-0.3-0.15-0.52-0.03-0.62-0.030.29-0.85-0.74-0.64-0.830.15-0.31
0.630.450.660.130.080.650.65-0.540.70.66-0.20.790.61-0.250.870.530.920.16-0.02-0.850.940.881.0-0.560.51
0.740.570.82-0.170.240.830.7-0.720.850.83-0.30.840.82-0.220.920.610.960.49-0.09-0.740.940.990.96-0.620.3
0.80.660.87-0.280.350.880.75-0.740.890.88-0.330.880.89-0.280.940.680.960.59-0.03-0.640.880.990.92-0.690.25
0.680.50.710.060.130.710.69-0.590.750.72-0.230.820.67-0.270.90.570.950.24-0.02-0.831.00.960.92-0.60.47
-0.93-0.93-0.830.23-0.69-0.71-0.940.34-0.77-0.80.46-0.91-0.730.83-0.85-0.82-0.8-0.28-0.680.15-0.56-0.62-0.69-0.6-0.33
0.420.320.080.68-0.12-0.050.53-0.040.150.030.260.50.08-0.410.470.550.46-0.460.35-0.310.510.30.250.47-0.33
Click cells to compare fundamentals

Pop Culture Account Relationship Matchups

Pop Culture fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab2.5M4.5M5.1M4.5M5.2M3.5M
Total Current Liabilities9.0M13.3M10.1M12.8M14.8M9.9M
Net Tangible Assets5.1M11.2M17.7M50.6M58.1M61.1M
Retained Earnings6.7M10.5M11.0M(13.3M)(12.0M)(11.4M)
Accounts Payable2.8M1.9M966.8K2.7M3.1M2.2M
Other Assets8.1K335.3K140.8K10.8M12.4M13.0M
Net Receivables14.8M25.5M26.3M19.8M22.7M18.4M
Inventory4.3M2.0M21.6K683.0614.7583.97
Other Current Assets31.3K3.6M10.1M8.9M10.2M10.7M
Other Stockholder Equity5.8M6.6M40.1M40.2M46.2M48.5M
Total Current Assets20.5M32.4M50.8M32.3M37.1M28.1M
Property Plant Equipment506.7K349.5K243.1K533.2K479.8K370.8K
Total Assets22.9M34.4M64.4M39.0M44.9M38.5M
Short Long Term Debt Total2.1M7.0M5.5M5.2M6.0M4.9M
Total Stockholder Equity12.9M19.3M52.8M26.7M30.7M26.1M
Property Plant And Equipment Net349.5K243.1K533.2K929.5K1.1M563.7K
Current Deferred Revenue1.8M1.6M47.7K393.0K353.7K618.5K
Net Debt766.0K5.7M(8.9M)2.5M2.2M2.3M
Cash1.4M1.3M14.4M2.8M3.2M4.5M
Non Current Assets Total2.4M2.0M13.5M6.8M7.8M6.0M
Non Currrent Assets Other236.0K140.8K10.3M5.7M6.6M3.6M
Cash And Short Term Investments1.4M1.3M14.4M3.6M4.2M4.7M
Common Stock Shares Outstanding2.5M2.4M2.4M2.4M2.2M2.1M
Liabilities And Stockholders Equity22.9M34.4M64.4M39.0M44.9M38.5M
Non Current Liabilities Total190.0K1.8M1.5M39.6K45.6K43.3K
Capital Lease Obligations286.4K203.2K459.1K104.7K94.3K89.6K
Total Liab9.2M15.1M11.6M12.9M14.8M12.3M
Net Invested Capital14.8M26.1M57.8M31.9M36.6M30.7M
Short Long Term Debt1.8M5.1M3.8M5.1M5.9M3.9M
Accumulated Other Comprehensive Income411.5K2.2M1.6M(107.6K)(123.8K)(117.6K)
Net Working Capital11.5M19.1M40.7M19.4M22.3M21.1M
Short Term Debt1.9M5.2M4.0M5.2M6.0M4.1M
Intangible Assets1.7M1.6M2.2M119.5K107.6K102.2K

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When determining whether Pop Culture Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Pop Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pop Culture Group Stock. Highlighted below are key reports to facilitate an investment decision about Pop Culture Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Pop Culture Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Pop Culture's price analysis, check to measure Pop Culture'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 Pop Culture is operating at the current time. Most of Pop Culture's value examination focuses on studying past and present price action to predict the probability of Pop Culture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pop Culture's price. Additionally, you may evaluate how the addition of Pop Culture to your portfolios can decrease your overall portfolio volatility.
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Is Pop Culture'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 Pop Culture. If investors know Pop 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 Pop Culture 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
(0.86)
Earnings Share
(9.07)
Revenue Per Share
7.71
Quarterly Revenue Growth
(0.40)
Return On Assets
(0.28)
The market value of Pop Culture Group is measured differently than its book value, which is the value of Pop that is recorded on the company's balance sheet. Investors also form their own opinion of Pop Culture's value that differs from its market value or its book value, called intrinsic value, which is Pop Culture'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 Pop Culture's market value can be influenced by many factors that don't directly affect Pop Culture'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 Pop Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pop Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pop Culture'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.