Tronox Tax Provision vs Cost Of Revenue Analysis

TROX Stock

USD 19.39 0.31 1.62%

Tronox Holdings financial indicator trend analysis is much more than just breaking down Tronox Holdings PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tronox Holdings PLC is a good investment. Please check the relationship between Tronox Holdings Tax Provision and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings PLC. 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.

Tax Provision vs Cost Of Revenue

Tax Provision vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tronox Holdings PLC Tax Provision account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tronox Holdings' Tax Provision and Cost Of Revenue is -0.14. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tronox Holdings PLC, assuming nothing else is changed. The correlation between historical values of Tronox Holdings' Tax Provision and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Tronox Holdings PLC are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Tax Provision i.e., Tronox Holdings' Tax Provision and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Cost Of Revenue

Cost of Revenue is found on Tronox Holdings PLC income statement and represents the costs associated with goods and services Tronox Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Tronox Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tronox Holdings PLC 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 Tronox Holdings PLC. 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, Tronox Holdings' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 227.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	895M	832M	462M	342.3M
Total Revenue	3.6B	3.5B	2.9B	2.0B

Gross Profit Total Revenue

Tronox Holdings fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Other Liab	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Total Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.58	0.8	0.66	0.15	-0.12	0.88	0.9	0.51	-0.08	0.66	0.72	0.72	0.56	0.27	0.91	0.27	0.55	0.29	0.85	0.8	0.17	0.75	0.3	0.85	0.8
Total Stockholder Equity	0.58		0.36	0.32	0.32	0.05	0.42	0.15	0.25	0.15	0.41	0.17	-0.05	0.45	0.15	0.56	0.15	0.18	0.33	0.08	0.62	-0.3	0.36	0.46	0.47	-0.01
Property Plant And Equipment Net	0.8	0.36		0.34	-0.1	-0.22	0.66	0.77	0.6	0.01	0.53	0.59	0.74	0.29	0.03	0.88	0.03	0.5	0.26	0.74	0.53	-0.1	0.34	0.25	0.87	0.73
Non Currrent Assets Other	0.66	0.32	0.34		-0.05	-0.46	0.5	0.64	0.44	-0.08	0.41	0.52	0.47	0.4	0.3	0.53	0.3	0.42	0.61	0.63	0.63	0.24	0.67	0.62	0.49	0.52
Other Assets	0.15	0.32	-0.1	-0.05		0.78	0.39	0.04	0.22	0.14	0.61	0.46	0.1	0.68	-0.38	0.25	-0.38	0.28	-0.55	-0.04	0.45	-0.19	-0.04	-0.45	0.01	-0.02
Common Stock Shares Outstanding	-0.12	0.05	-0.22	-0.46	0.78		0.3	-0.14	-0.02	0.09	0.41	0.27	0.0	0.55	-0.5	0.0	-0.5	0.07	-0.85	-0.21	0.21	-0.16	-0.27	-0.77	-0.15	-0.14
Other Stockholder Equity	0.88	0.42	0.66	0.5	0.39	0.3		0.85	0.53	-0.02	0.81	0.85	0.78	0.78	-0.01	0.84	-0.01	0.59	-0.12	0.79	0.83	0.2	0.59	-0.09	0.73	0.78
Total Liab	0.9	0.15	0.77	0.64	0.04	-0.14	0.85		0.51	-0.15	0.61	0.8	0.91	0.47	0.21	0.81	0.21	0.59	0.15	0.99	0.65	0.35	0.69	0.1	0.77	0.97
Property Plant And Equipment Gross	0.51	0.25	0.6	0.44	0.22	-0.02	0.53	0.51		0.43	0.48	0.61	0.54	0.41	-0.09	0.63	-0.09	0.24	0.11	0.51	0.54	-0.1	0.22	0.16	0.63	0.49
Other Current Liab	-0.08	0.15	0.01	-0.08	0.14	0.09	-0.02	-0.15	0.43		-0.04	-0.12	-0.04	0.06	-0.16	0.06	-0.16	-0.51	-0.11	-0.13	0.02	-0.02	-0.2	0.03	0.0	-0.1
Total Current Liabilities	0.66	0.41	0.53	0.41	0.61	0.41	0.81	0.61	0.48	-0.04		0.88	0.69	0.93	-0.47	0.81	-0.47	0.72	-0.1	0.49	0.86	-0.22	0.17	-0.03	0.57	0.47
Other Liab	0.72	0.17	0.59	0.52	0.46	0.27	0.85	0.8	0.61	-0.12	0.88		0.83	0.77	-0.23	0.76	-0.23	0.69	-0.11	0.73	0.81	0.06	0.39	-0.11	0.7	0.72
Net Debt	0.72	-0.05	0.74	0.47	0.1	0.0	0.78	0.91	0.54	-0.04	0.69	0.83		0.52	-0.18	0.78	-0.18	0.62	-0.01	0.87	0.56	0.24	0.34	-0.06	0.66	0.9
Accounts Payable	0.56	0.45	0.29	0.4	0.68	0.55	0.78	0.47	0.41	0.06	0.93	0.77	0.52		-0.44	0.66	-0.44	0.53	-0.18	0.35	0.87	-0.15	0.19	-0.08	0.4	0.32
Cash	0.27	0.15	0.03	0.3	-0.38	-0.5	-0.01	0.21	-0.09	-0.16	-0.47	-0.23	-0.18	-0.44		-0.09	1.0	-0.24	0.34	0.31	-0.12	0.47	0.75	0.28	0.13	0.26
Non Current Assets Total	0.91	0.56	0.88	0.53	0.25	0.0	0.84	0.81	0.63	0.06	0.81	0.76	0.78	0.66	-0.09		-0.09	0.62	0.22	0.74	0.81	-0.13	0.41	0.26	0.85	0.7
Cash And Short Term Investments	0.27	0.15	0.03	0.3	-0.38	-0.5	-0.01	0.21	-0.09	-0.16	-0.47	-0.23	-0.18	-0.44	1.0	-0.09		-0.24	0.34	0.31	-0.12	0.47	0.75	0.28	0.13	0.26
Net Receivables	0.55	0.18	0.5	0.42	0.28	0.07	0.59	0.59	0.24	-0.51	0.72	0.69	0.62	0.53	-0.24	0.62	-0.24		0.02	0.52	0.48	0.0	0.25	0.0	0.45	0.49
Good Will	0.29	0.33	0.26	0.61	-0.55	-0.85	-0.12	0.15	0.11	-0.11	-0.1	-0.11	-0.01	-0.18	0.34	0.22	0.34	0.02		0.15	0.17	-0.15	0.27	0.98	0.3	0.04
Non Current Liabilities Total	0.85	0.08	0.74	0.63	-0.04	-0.21	0.79	0.99	0.51	-0.13	0.49	0.73	0.87	0.35	0.31	0.74	0.31	0.52	0.15		0.55	0.43	0.72	0.09	0.74	0.99
Inventory	0.8	0.62	0.53	0.63	0.45	0.21	0.83	0.65	0.54	0.02	0.86	0.81	0.56	0.87	-0.12	0.81	-0.12	0.48	0.17	0.55		-0.14	0.47	0.24	0.7	0.48
Other Current Assets	0.17	-0.3	-0.1	0.24	-0.19	-0.16	0.2	0.35	-0.1	-0.02	-0.22	0.06	0.24	-0.15	0.47	-0.13	0.47	0.0	-0.15	0.43	-0.14		0.59	-0.24	-0.02	0.45
Total Current Assets	0.75	0.36	0.34	0.67	-0.04	-0.27	0.59	0.69	0.22	-0.2	0.17	0.39	0.34	0.19	0.75	0.41	0.75	0.25	0.27	0.72	0.47	0.59		0.23	0.52	0.65
Intangible Assets	0.3	0.46	0.25	0.62	-0.45	-0.77	-0.09	0.1	0.16	0.03	-0.03	-0.11	-0.06	-0.08	0.28	0.26	0.28	0.0	0.98	0.09	0.24	-0.24	0.23		0.31	-0.03
Property Plant Equipment	0.85	0.47	0.87	0.49	0.01	-0.15	0.73	0.77	0.63	0.0	0.57	0.7	0.66	0.4	0.13	0.85	0.13	0.45	0.3	0.74	0.7	-0.02	0.52	0.31		0.7
Short Long Term Debt Total	0.8	-0.01	0.73	0.52	-0.02	-0.14	0.78	0.97	0.49	-0.1	0.47	0.72	0.9	0.32	0.26	0.7	0.26	0.49	0.04	0.99	0.48	0.45	0.65	-0.03	0.7

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Tronox Holdings Account Relationship Matchups

Tronox Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3B	6.6B	6.0B	6.3B	6.1B	4.0B
Total Stockholder Equity	748M	1.7B	2.0B	2.4B	1.9B	1.2B
Property Plant And Equipment Net	2.7B	2.6B	2.5B	2.7B	2.6B	1.9B
Non Currrent Assets Other	159M	175M	194M	196M	218M	228.9M
Common Stock Shares Outstanding	139.9M	144.9M	157.9M	157.1M	156.4M	134.7M
Liabilities And Stockholders Equity	5.3B	6.6B	6.0B	6.3B	6.1B	4.1B
Other Stockholder Equity	1.8B	1.9B	2.1B	2.0B	2.1B	1.4B
Total Liab	4.4B	4.7B	3.9B	3.9B	4.2B	2.8B
Property Plant And Equipment Gross	2.7B	2.6B	2.5B	2.7B	4.9B	5.2B
Other Current Liab	26M	57M	25M	270M	230M	241.5M
Total Current Liabilities	724M	805M	822M	850M	753M	532.9M
Other Liab	600M	588M	510M	479M	550.9M	462.3M
Net Debt	2.8B	2.8B	2.4B	2.5B	2.7B	1.6B
Cash	302M	619M	228M	164M	273M	481.4M
Non Current Assets Total	3.2B	4.0B	3.9B	4.3B	4.0B	2.7B
Cash And Short Term Investments	302M	619M	228M	164M	273M	481.4M
Net Receivables	488M	544M	637M	383M	300M	390.6M
Good Will	198M	176M	208M	201M	231.2M	190.1M
Non Current Liabilities Total	3.7B	3.9B	3.1B	3.1B	3.4B	2.6B
Inventory	1.1B	1.1B	1.0B	1.3B	1.4B	726.2M
Other Current Assets	175M	229M	136M	135M	141M	177.7M
Total Current Assets	2.1B	2.5B	2.0B	2.0B	2.1B	1.8B
Accumulated Other Comprehensive Income	(606M)	(610M)	(738M)	(768M)	(814M)	(773.3M)
Intangible Assets	208M	201M	217M	250M	243M	221.9M
Property Plant Equipment	2.7B	2.6B	2.5B	2.5B	2.9B	2.0B
Short Long Term Debt Total	3.1B	3.4B	2.7B	2.7B	3.0B	2.2B
Retained Earnings	(493M)	434M	663M	1.1B	684M	718.2M
Long Term Debt	3.0B	3.3B	2.6B	2.5B	2.8B	2.3B
Short Term Debt	76M	97M	44M	94M	62M	52.4M
Net Tangible Assets	540M	1.5B	1.8B	2.1B	1.9B	1.0B
Noncontrolling Interest In Consolidated Entity	168M	173M	48M	46M	41.4M	39.3M
Retained Earnings Total Equity	(493M)	434M	663M	1.1B	972M	1.0B

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When determining whether Tronox Holdings PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tronox Holdings' 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 Tronox Holdings Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tronox Holdings Plc Stock:

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Is Tronox Stock a good investment?

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What is Tronox Holdings' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tronox Holdings PLC. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Tronox Holdings' price analysis, check to measure Tronox Holdings' 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 Tronox Holdings is operating at the current time. Most of Tronox Holdings' value examination focuses on studying past and present price action to predict the probability of Tronox Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tronox Holdings' price. Additionally, you may evaluate how the addition of Tronox Holdings to your portfolios can decrease your overall portfolio volatility.

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Is Tronox Holdings' 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 Tronox Holdings. If investors know Tronox 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 Tronox Holdings 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

0.482

Dividend Share

0.5

Earnings Share

(2.23)

Revenue Per Share

18.581

Quarterly Revenue Growth

0.093

The market value of Tronox Holdings PLC is measured differently than its book value, which is the value of Tronox that is recorded on the company's balance sheet. Investors also form their own opinion of Tronox Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tronox Holdings' 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 Tronox Holdings' market value can be influenced by many factors that don't directly affect Tronox Holdings' 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 Tronox Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tronox Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tronox Holdings' 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.

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Tronox Tax Provision vs Cost Of Revenue Analysis

Tax Provision vs Cost Of Revenue

Tax Provision vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Tax Provision

Cost Of Revenue

Tronox Holdings fundamental ratios Correlations

Tronox Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tronox Holdings fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Total Liab
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Intangible Assets	+ 0.98	Good Will
Short Long Term Debt Total	+ 0.97	Total Liab
Accounts Payable	+ 0.93	Total Current Liabilities

Good Will	- 0.85	Common Stock Shares Outstanding
Intangible Assets	- 0.77	Common Stock Shares Outstanding
Good Will	- 0.55	Other Assets
Net Receivables	- 0.51	Other Current Liab
Cash And Short Term Investments	- 0.5	Common Stock Shares Outstanding
Cash	- 0.5	Common Stock Shares Outstanding