Tucows Net Interest Income vs Tax Provision Analysis

TCX Stock

USD 19.44 1.94 9.07%

Tucows financial indicator trend analysis is much more than just breaking down Tucows Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tucows Inc is a good investment. Please check the relationship between Tucows Net Interest Income and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Interest Income vs Tax Provision

Net Interest Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tucows Inc Net Interest Income account and Tax Provision. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tucows' Net Interest Income and Tax Provision is 0.92. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Tucows Inc, assuming nothing else is changed. The correlation between historical values of Tucows' Net Interest Income 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 Net Interest Income of Tucows Inc 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 Net Interest Income i.e., Tucows' Net Interest Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

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 Tucows' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tucows Inc 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 Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Tucows' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 8.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	78.3M	78.2M	61.6M	40.1M
Total Revenue	304.3M	321.1M	339.3M	356.3M

Gross Profit Total Revenue

Tucows fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Common Stock	Good Will	Intangible Assets	Current Deferred Revenue
Total Assets		0.92	0.91	0.18	0.97	0.96	0.12	0.91	0.8	1.0	0.79	0.8	0.96	0.24	0.12	-0.5	0.99	0.97	0.63	0.95	0.97	0.09	0.94	0.77	0.48	-0.21
Other Current Liab	0.92		0.72	-0.19	0.95	0.98	-0.24	0.78	0.95	0.95	0.93	0.95	0.82	0.22	-0.25	-0.3	0.96	0.94	0.33	0.99	0.98	-0.02	0.85	0.48	0.15	-0.17
Total Current Liabilities	0.91	0.72		0.42	0.78	0.78	0.41	0.87	0.56	0.86	0.6	0.56	0.94	0.38	0.46	-0.72	0.87	0.79	0.83	0.76	0.79	0.38	0.87	0.85	0.77	-0.39
Total Stockholder Equity	0.18	-0.19	0.42		0.07	-0.05	0.97	0.33	-0.42	0.11	-0.39	-0.42	0.33	-0.03	0.92	-0.54	0.06	0.11	0.72	-0.11	-0.05	0.11	0.23	0.71	0.78	-0.04
Property Plant And Equipment Net	0.97	0.95	0.78	0.07		0.97	-0.03	0.89	0.82	0.98	0.79	0.82	0.9	0.16	-0.04	-0.35	0.97	1.0	0.49	0.96	0.98	-0.08	0.92	0.66	0.27	-0.12
Net Debt	0.96	0.98	0.78	-0.05	0.97		-0.13	0.82	0.91	0.98	0.9	0.91	0.86	0.19	-0.14	-0.33	0.99	0.97	0.42	1.0	1.0	-0.02	0.88	0.6	0.26	-0.13
Retained Earnings	0.12	-0.24	0.41	0.97	-0.03	-0.13		0.27	-0.45	0.03	-0.41	-0.45	0.3	0.01	0.94	-0.67	-0.01	0.01	0.72	-0.18	-0.13	0.22	0.17	0.65	0.82	-0.13
Accounts Payable	0.91	0.78	0.87	0.33	0.89	0.82	0.27		0.6	0.89	0.55	0.6	0.95	0.18	0.3	-0.59	0.88	0.9	0.72	0.8	0.84	0.2	0.91	0.78	0.51	-0.2
Cash	0.8	0.95	0.56	-0.42	0.82	0.91	-0.45	0.6		0.84	0.97	1.0	0.65	0.12	-0.46	-0.14	0.86	0.8	0.13	0.93	0.91	0.0	0.66	0.28	-0.01	-0.05
Non Current Assets Total	1.0	0.95	0.86	0.11	0.98	0.98	0.03	0.89	0.84		0.83	0.84	0.93	0.22	0.03	-0.43	1.0	0.98	0.56	0.97	0.99	0.04	0.93	0.71	0.4	-0.18
Non Currrent Assets Other	0.79	0.93	0.6	-0.39	0.79	0.9	-0.41	0.55	0.97	0.83		0.97	0.64	0.26	-0.41	-0.18	0.86	0.77	0.15	0.92	0.89	0.06	0.68	0.29	0.05	-0.18
Cash And Short Term Investments	0.8	0.95	0.56	-0.42	0.82	0.91	-0.45	0.6	1.0	0.84	0.97		0.65	0.12	-0.46	-0.14	0.86	0.8	0.13	0.93	0.91	0.0	0.66	0.28	-0.01	-0.05
Net Receivables	0.96	0.82	0.94	0.33	0.9	0.86	0.3	0.95	0.65	0.93	0.64	0.65		0.31	0.32	-0.67	0.93	0.91	0.75	0.84	0.88	0.13	0.95	0.81	0.59	-0.32
Common Stock Shares Outstanding	0.24	0.22	0.38	-0.03	0.16	0.19	0.01	0.18	0.12	0.22	0.26	0.12	0.31		0.18	-0.21	0.25	0.16	0.2	0.18	0.2	0.12	0.43	0.03	0.21	-0.96
Other Current Assets	0.12	-0.25	0.46	0.92	-0.04	-0.14	0.94	0.3	-0.46	0.03	-0.41	-0.46	0.32	0.18		-0.62	0.0	-0.01	0.77	-0.19	-0.13	0.38	0.2	0.63	0.85	-0.27
Other Stockholder Equity	-0.5	-0.3	-0.72	-0.54	-0.35	-0.33	-0.67	-0.59	-0.14	-0.43	-0.18	-0.14	-0.67	-0.21	-0.62		-0.44	-0.37	-0.75	-0.3	-0.33	-0.36	-0.55	-0.65	-0.73	0.39
Total Liab	0.99	0.96	0.87	0.06	0.97	0.99	-0.01	0.88	0.86	1.0	0.86	0.86	0.93	0.25	0.0	-0.44		0.97	0.55	0.98	0.99	0.08	0.92	0.68	0.39	-0.2
Property Plant And Equipment Gross	0.97	0.94	0.79	0.11	1.0	0.97	0.01	0.9	0.8	0.98	0.77	0.8	0.91	0.16	-0.01	-0.37	0.97		0.51	0.95	0.97	-0.08	0.92	0.69	0.3	-0.12
Total Current Assets	0.63	0.33	0.83	0.72	0.49	0.42	0.72	0.72	0.13	0.56	0.15	0.13	0.75	0.2	0.77	-0.75	0.55	0.51		0.38	0.44	0.39	0.66	0.92	0.9	-0.29
Short Long Term Debt Total	0.95	0.99	0.76	-0.11	0.96	1.0	-0.18	0.8	0.93	0.97	0.92	0.93	0.84	0.18	-0.19	-0.3	0.98	0.95	0.38		1.0	-0.02	0.86	0.56	0.22	-0.12
Non Current Liabilities Total	0.97	0.98	0.79	-0.05	0.98	1.0	-0.13	0.84	0.91	0.99	0.89	0.91	0.88	0.2	-0.13	-0.33	0.99	0.97	0.44	1.0		-0.02	0.89	0.6	0.26	-0.14
Short Term Debt	0.09	-0.02	0.38	0.11	-0.08	-0.02	0.22	0.2	0.0	0.04	0.06	0.0	0.13	0.12	0.38	-0.36	0.08	-0.08	0.39	-0.02	-0.02		0.04	0.21	0.47	-0.18
Common Stock	0.94	0.85	0.87	0.23	0.92	0.88	0.17	0.91	0.66	0.93	0.68	0.66	0.95	0.43	0.2	-0.55	0.92	0.92	0.66	0.86	0.89	0.04		0.72	0.44	-0.43
Good Will	0.77	0.48	0.85	0.71	0.66	0.6	0.65	0.78	0.28	0.71	0.29	0.28	0.81	0.03	0.63	-0.65	0.68	0.69	0.92	0.56	0.6	0.21	0.72		0.84	-0.07
Intangible Assets	0.48	0.15	0.77	0.78	0.27	0.26	0.82	0.51	-0.01	0.4	0.05	-0.01	0.59	0.21	0.85	-0.73	0.39	0.3	0.9	0.22	0.26	0.47	0.44	0.84		-0.26
Current Deferred Revenue	-0.21	-0.17	-0.39	-0.04	-0.12	-0.13	-0.13	-0.2	-0.05	-0.18	-0.18	-0.05	-0.32	-0.96	-0.27	0.39	-0.2	-0.12	-0.29	-0.12	-0.14	-0.18	-0.43	-0.07	-0.26

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Tucows Account Relationship Matchups

Tucows fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	425.9M	451.9M	539.6M	664.7M	855.2M	897.9M
Other Current Liab	11.6M	12.1M	19.4M	27.7M	56.5M	59.4M
Total Current Liabilities	156.9M	163.0M	173.7M	188.2M	201.3M	211.4M
Total Stockholder Equity	94.2M	104.7M	115.1M	96.7M	9.9M	9.4M
Property Plant And Equipment Net	93.5M	128.8M	190.2M	302.0M	367.1M	385.5M
Net Debt	103.9M	124.4M	196.6M	232.5M	472.0M	495.6M
Retained Earnings	76.2M	80.1M	83.5M	55.9M	(40.3M)	(38.3M)
Accounts Payable	6.7M	6.3M	10.0M	17.2M	12.7M	13.3M
Cash	20.4M	8.3M	9.1M	23.5M	96.3M	101.1M
Non Current Assets Total	280.2M	310.7M	392.6M	494.8M	708.1M	743.5M
Non Currrent Assets Other	19.3M	18.0M	19.6M	7.5M	113.6M	119.3M
Cash And Short Term Investments	20.4M	8.3M	9.1M	23.5M	96.3M	101.1M
Net Receivables	16.4M	16.8M	18.8M	26.0M	24.3M	25.5M
Common Stock Shares Outstanding	10.8M	10.7M	10.8M	10.8M	10.9M	12.9M
Liabilities And Stockholders Equity	425.9M	451.9M	539.6M	664.7M	855.2M	897.9M
Other Current Assets	105.5M	114.2M	115.8M	115.6M	19.7M	18.7M
Other Stockholder Equity	880K	1.5M	2.8M	8.1M	14.1M	13.4M
Total Liab	331.7M	347.2M	424.5M	568.1M	845.3M	887.6M
Property Plant And Equipment Gross	93.5M	128.8M	172.7M	281.5M	323.7M	339.9M
Total Current Assets	145.7M	141.2M	147.0M	169.9M	147.1M	74.7M
Accumulated Other Comprehensive Income	473K	2.3M	343K	784K	1.7M	1.8M
Short Long Term Debt Total	124.3M	132.7M	205.8M	256.0M	568.3M	596.7M
Non Current Liabilities Total	174.8M	184.2M	250.8M	379.9M	644.0M	676.1M
Short Term Debt	1.4M	1.8M	3.2M	4.6M	5.4M	4.3M
Common Stock	16.6M	20.8M	28.5M	31.9M	34.4M	32.7M
Good Will	90.1M	109.8M	116.3M	130.4M	117.4M	66.3M
Intangible Assets	57.7M	47.4M	50.4M	39.8M	29.5M	24.6M
Current Deferred Revenue	137.2M	142.7M	141.1M	138.7M	126.7M	83.0M
Other Assets	19.3M	18.2M	19.6M	20.6M	23.7M	15.9M
Long Term Debt	113.5M	121.7M	190.7M	238.9M	274.8M	288.5M
Property Plant Equipment	82.1M	117.5M	190.2M	281.5M	323.7M	339.9M
Other Liab	51.9M	53.3M	48.2M	38.1M	43.8M	25.8M
Common Stock Total Equity	16.6M	20.8M	28.5M	31.9M	36.6M	38.5M
Inventory	3.5M	1.9M	3.3M	7.3M	6.8M	7.1M
Net Tangible Assets	129.8M	138.8M	(65.7M)	131.3M	151.0M	158.6M
Retained Earnings Total Equity	76.2M	80.1M	83.5M	55.9M	64.3M	33.4M
Capital Surpluse	880K	1.5M	2.8M	8.1M	7.3M	10.9M
Deferred Long Term Liab	25.5M	24.8M	19.3M	15.7M	18.1M	25.9M
Non Current Liabilities Other	216K	3.6M	2.0M	90.6M	104.2M	109.4M

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Tucows Net Interest Income vs Tax Provision Analysis

Net Interest Income vs Tax Provision

Net Interest Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Net Interest Income

Tax Provision

Tucows fundamental ratios Correlations

Tucows Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tucows fundamental ratios Accounts

Also Currently Popular

Additional Tools for Tucows Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Short Long Term Debt Total	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Assets Total

Current Deferred Revenue	- 0.96	Common Stock Shares Outstanding
Total Current Assets	- 0.75	Other Stockholder Equity
Intangible Assets	- 0.73	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Total Current Liabilities
Other Stockholder Equity	- 0.67	Net Receivables
Other Stockholder Equity	- 0.67	Retained Earnings