Jumia Income Tax Expense vs Operating Income Analysis

JMIA Stock  USD 5.22  0.05  0.97%   
Jumia Technologies financial indicator trend analysis is infinitely more than just investigating Jumia Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jumia Technologies is a good investment. Please check the relationship between Jumia Technologies Income Tax Expense and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Income Tax Expense vs Operating Income

Income Tax Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jumia Technologies Income Tax Expense account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jumia Technologies' Income Tax Expense and Operating Income is 0.2. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Jumia Technologies AG, assuming nothing else is changed. The correlation between historical values of Jumia Technologies' Income Tax Expense 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 Income Tax Expense of Jumia Technologies AG 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 Income Tax Expense i.e., Jumia Technologies' Income Tax Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Tax Expense

Operating Income

Operating Income is the amount of profit realized from Jumia Technologies 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 Jumia Technologies AG 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 Jumia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jumia Technologies 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Jumia Technologies' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 140.4 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Interest Expense10.3M18.9M7.3M8.9M
Depreciation And Amortization34.5M26.6M30.6M17.4M

Jumia Technologies fundamental ratios Correlations

0.89-0.60.931.00.990.870.2-0.58-0.890.950.630.860.740.570.990.090.920.640.9-0.550.550.90.930.990.76
0.89-0.60.960.860.850.97-0.16-0.47-0.920.980.550.970.870.70.850.430.950.760.91-0.490.80.940.970.860.82
-0.6-0.6-0.51-0.59-0.57-0.58-0.210.420.54-0.68-0.47-0.56-0.38-0.28-0.58-0.08-0.73-0.18-0.620.48-0.49-0.47-0.53-0.57-0.51
0.930.96-0.510.890.890.95-0.11-0.45-0.950.940.530.950.890.770.890.370.950.840.93-0.60.750.981.00.90.87
1.00.86-0.590.891.00.820.24-0.58-0.850.930.630.810.680.521.00.020.890.590.87-0.530.480.860.90.990.71
0.990.85-0.570.891.00.830.22-0.5-0.860.920.560.820.710.560.990.070.880.630.86-0.470.480.870.91.00.74
0.870.97-0.580.950.820.83-0.11-0.39-0.940.940.471.00.950.730.810.520.940.820.96-0.430.880.970.960.840.87
0.2-0.16-0.21-0.110.240.22-0.11-0.450.090.00.41-0.13-0.23-0.540.26-0.66-0.03-0.410.17-0.02-0.22-0.09-0.090.2-0.26
-0.58-0.470.42-0.45-0.58-0.5-0.39-0.450.36-0.58-1.0-0.36-0.130.13-0.610.46-0.470.06-0.540.64-0.27-0.37-0.47-0.49-0.05
-0.89-0.920.54-0.95-0.85-0.86-0.940.090.36-0.9-0.44-0.94-0.89-0.82-0.85-0.39-0.96-0.81-0.890.56-0.76-0.96-0.95-0.86-0.94
0.950.98-0.680.940.930.920.940.0-0.58-0.90.640.930.790.610.930.250.970.670.92-0.550.70.920.960.920.78
0.630.55-0.470.530.630.560.470.41-1.0-0.440.640.440.22-0.040.66-0.40.550.030.61-0.680.340.440.540.540.14
0.860.97-0.560.950.810.821.0-0.13-0.36-0.940.930.440.960.740.80.550.940.840.95-0.420.880.980.960.830.88
0.740.87-0.380.890.680.710.95-0.23-0.13-0.890.790.220.960.810.660.70.830.940.87-0.290.880.950.890.720.9
0.570.7-0.280.770.520.560.73-0.540.13-0.820.61-0.040.740.810.510.650.730.90.57-0.430.620.780.760.570.94
0.990.85-0.580.891.00.990.810.26-0.61-0.850.930.660.80.660.51-0.020.880.570.86-0.560.470.850.890.990.7
0.090.43-0.080.370.020.070.52-0.660.46-0.390.25-0.40.550.70.65-0.020.330.720.330.20.680.460.370.10.59
0.920.95-0.730.950.890.880.94-0.03-0.47-0.960.970.550.940.830.730.880.330.720.92-0.620.760.930.960.890.88
0.640.76-0.180.840.590.630.82-0.410.06-0.810.670.030.840.940.90.570.720.720.71-0.270.720.880.830.650.89
0.90.91-0.620.930.870.860.960.17-0.54-0.890.920.610.950.870.570.860.330.920.71-0.50.820.940.930.870.79
-0.55-0.490.48-0.6-0.53-0.47-0.43-0.020.640.56-0.55-0.68-0.42-0.29-0.43-0.560.2-0.62-0.27-0.5-0.35-0.48-0.59-0.46-0.46
0.550.8-0.490.750.480.480.88-0.22-0.27-0.760.70.340.880.880.620.470.680.760.720.82-0.350.80.760.490.74
0.90.94-0.470.980.860.870.97-0.09-0.37-0.960.920.440.980.950.780.850.460.930.880.94-0.480.80.980.880.9
0.930.97-0.531.00.90.90.96-0.09-0.47-0.950.960.540.960.890.760.890.370.960.830.93-0.590.760.980.90.87
0.990.86-0.570.90.991.00.840.2-0.49-0.860.920.540.830.720.570.990.10.890.650.87-0.460.490.880.90.75
0.760.82-0.510.870.710.740.87-0.26-0.05-0.940.780.140.880.90.940.70.590.880.890.79-0.460.740.90.870.75
Click cells to compare fundamentals

Jumia Technologies Account Relationship Matchups

Jumia Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets332.9M437.8M577.7M330.1M379.6M353.2M
Short Long Term Debt Total10.3M13.4M12.5M13.8M15.9M9.7M
Other Current Liab46.6M65.9M68.9M72.5M65.3M54.3M
Total Current Liabilities119.9M150.8M154.2M144.4M166.1M142.2M
Total Stockholder Equity205.1M276.1M413.0M175.2M201.4M207.2M
Other Liab1.4M1.2M2.3M2.2M2.6M1.4M
Net Tangible Assets183.0M224.1M412.7M175.0M201.3M192.0M
Property Plant And Equipment Net19.5M20.4M21.8M28.5M32.8M18.3M
Current Deferred Revenue6.7M5.2M6.0M4.0M3.6M4.5M
Net Debt(180.2M)(361.6M)(104.6M)(58.3M)(52.5M)(55.1M)
Retained Earnings(1.2B)(1.6B)(1.7B)(2.0B)(1.8B)(1.9B)
Accounts Payable63.2M76.0M75.4M62.8M72.2M56.3M
Cash190.5M375.0M117.1M72.1M82.9M78.8M
Non Current Assets Total21.4M22.7M25.1M32.6M37.5M21.2M
Non Currrent Assets Other1.7M1.7M2.3M3.0M3.5M2.1M
Other Assets1.01.5M2.9M4.0M4.6M4.8M
Long Term Debt6.1M8.0M8.6M8.7M10.0M5.8M
Cash And Short Term Investments260.4M376.2M512.8M227.8M262.0M280.1M
Net Receivables25.8M17.8M23.2M38.3M44.0M27.9M
Common Stock Shares Outstanding70.3M80.3M96.9M99.9M114.9M91.7M
Short Term Investments69.9M1.2M395.7M155.7M179.1M114.1M
Liabilities And Stockholders Equity332.9M437.8M577.7M330.1M379.6M353.2M
Non Current Liabilities Total8.5M11.3M11.0M11.0M12.6M7.7M
Inventory11.2M8.2M10.9M11.4M10.3M8.5M
Other Current Assets14.1M12.8M5.7M19.9M22.9M12.3M
Other Stockholder Equity967.5M1.1B1.5B1.7B2.0B1.4B
Total Liab128.4M162.1M165.1M155.4M178.7M149.8M
Net Invested Capital192.3M224.5M425.6M189.0M217.4M199.2M
Property Plant And Equipment Gross17.4M16.6M48.4M59.6M68.6M72.0M
Short Long Term Debt3.1M3.0M3.9M5.1M5.9M3.2M
Total Current Assets311.5M415.0M552.6M297.4M342.1M332.1M
Accumulated Other Comprehensive Income116.6M133.6M164.6M163.2M187.7M131.0M
Net Working Capital171.0M214.9M398.4M153.0M176.0M176.5M
Short Term Debt3.4M3.6M3.9M5.1M4.6M3.7M
Common Stock175.7M220.5M234.2M235.7M271.0M158.8M
Property Plant Equipment17.4M16.6M21.8M28.5M32.8M17.0M
Capital Stock175.7M220.5M234.2M235.7M271.0M190.5M

Jumia Technologies Implied Volatility

    
  155.67  
Jumia Technologies' implied volatility exposes the market's sentiment of Jumia Technologies AG stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Jumia Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Jumia Technologies stock will not fluctuate a lot when Jumia Technologies' options are near their expiration.
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 Jumia Technologies 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, Jumia Technologies' short interest history, or implied volatility extrapolated from Jumia Technologies options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Jumia Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jumia Technologies' 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 Jumia Technologies Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jumia Technologies Ag Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Jumia Stock analysis

When running Jumia Technologies' price analysis, check to measure Jumia Technologies' 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 Jumia Technologies is operating at the current time. Most of Jumia Technologies' value examination focuses on studying past and present price action to predict the probability of Jumia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jumia Technologies' price. Additionally, you may evaluate how the addition of Jumia Technologies to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Jumia Technologies' 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 Jumia Technologies. If investors know Jumia 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 Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
2.215
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.18)
Return On Equity
(0.82)
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' 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 Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' 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 Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' 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.