Four Gross Profit vs Income Tax Expense Analysis

FCPT Stock  USD 24.56  0.33  1.36%   
Four Corners financial indicator trend analysis is much more than just examining Four Corners Property latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Four Corners Property is a good investment. Please check the relationship between Four Corners Gross Profit and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Corners Property. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Four Corners Property Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Four Corners' Gross Profit and Income Tax Expense is -0.09. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Four Corners Property, assuming nothing else is changed. The correlation between historical values of Four Corners' Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Four Corners Property are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Four Corners' Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Four Corners Property minus its cost of goods sold. It is profit before Four Corners operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

Most indicators from Four Corners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Four Corners Property 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Corners Property. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Tax Provision is likely to gain to about 136.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 14.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit169.8M187.4M130.9M105.1M
Total Revenue199.4M223.2M250.6M136.6M

Four Corners fundamental ratios Correlations

0.760.50.880.77-0.3-0.340.810.31-0.230.780.680.58-0.230.740.39-0.340.770.75-0.34-0.110.76-0.01-0.4-0.49-0.51
0.760.430.961.00.38-0.041.00.620.251.00.750.660.251.00.45-0.381.01.0-0.040.371.0-0.06-0.77-0.85-0.87
0.50.430.430.44-0.14-0.240.45-0.110.010.430.210.00.010.420.650.510.420.42-0.240.060.420.52-0.36-0.39-0.34
0.880.960.430.970.17-0.160.980.550.060.970.760.680.060.960.44-0.410.970.96-0.160.190.96-0.07-0.67-0.74-0.77
0.771.00.440.970.36-0.061.00.610.231.00.750.670.231.00.46-0.391.01.0-0.060.361.0-0.07-0.77-0.84-0.86
-0.30.38-0.140.170.360.40.320.350.550.360.120.180.550.410.1-0.110.370.40.40.560.37-0.17-0.56-0.52-0.52
-0.34-0.04-0.24-0.16-0.060.4-0.080.380.58-0.06-0.39-0.30.58-0.01-0.180.21-0.08-0.011.00.54-0.030.30.33-0.36-0.34
0.811.00.450.981.00.32-0.080.570.161.00.750.660.160.990.45-0.391.00.99-0.080.280.99-0.07-0.75-0.82-0.84
0.310.62-0.110.550.610.350.380.570.640.60.470.340.640.63-0.04-0.490.60.620.380.710.65-0.04-0.37-0.66-0.69
-0.230.250.010.060.230.550.580.160.640.210.04-0.081.00.27-0.020.070.210.260.580.990.270.33-0.27-0.56-0.54
0.781.00.430.971.00.36-0.061.00.60.210.750.660.211.00.46-0.391.01.0-0.060.331.0-0.07-0.77-0.84-0.86
0.680.750.210.760.750.12-0.390.750.470.040.750.890.040.730.45-0.650.750.74-0.390.150.75-0.31-0.72-0.52-0.56
0.580.660.00.680.670.18-0.30.660.34-0.080.660.89-0.080.640.51-0.750.680.65-0.30.020.66-0.61-0.55-0.37-0.42
-0.230.250.010.060.230.550.580.160.641.00.210.04-0.080.27-0.020.070.210.260.580.990.270.33-0.27-0.56-0.54
0.741.00.420.961.00.41-0.010.990.630.271.00.730.640.270.44-0.381.01.0-0.010.391.0-0.05-0.78-0.87-0.89
0.390.450.650.440.460.1-0.180.45-0.04-0.020.460.450.51-0.020.440.150.460.44-0.180.060.44-0.07-0.33-0.28-0.26
-0.34-0.380.51-0.41-0.39-0.110.21-0.39-0.490.07-0.39-0.65-0.750.07-0.380.15-0.4-0.380.210.01-0.40.750.330.150.22
0.771.00.420.971.00.37-0.081.00.60.211.00.750.680.211.00.46-0.41.0-0.080.331.0-0.1-0.78-0.82-0.84
0.751.00.420.961.00.4-0.010.990.620.261.00.740.650.261.00.44-0.381.0-0.010.381.0-0.05-0.77-0.86-0.88
-0.34-0.04-0.24-0.16-0.060.41.0-0.080.380.58-0.06-0.39-0.30.58-0.01-0.180.21-0.08-0.010.54-0.030.30.33-0.36-0.34
-0.110.370.060.190.360.560.540.280.710.990.330.150.020.990.390.060.010.330.380.540.390.3-0.35-0.63-0.62
0.761.00.420.961.00.37-0.030.990.650.271.00.750.660.271.00.44-0.41.01.0-0.030.39-0.06-0.77-0.85-0.87
-0.01-0.060.52-0.07-0.07-0.170.3-0.07-0.040.33-0.07-0.31-0.610.33-0.05-0.070.75-0.1-0.050.30.3-0.060.13-0.26-0.21
-0.4-0.77-0.36-0.67-0.77-0.560.33-0.75-0.37-0.27-0.77-0.72-0.55-0.27-0.78-0.330.33-0.78-0.770.33-0.35-0.770.130.660.67
-0.49-0.85-0.39-0.74-0.84-0.52-0.36-0.82-0.66-0.56-0.84-0.52-0.37-0.56-0.87-0.280.15-0.82-0.86-0.36-0.63-0.85-0.260.661.0
-0.51-0.87-0.34-0.77-0.86-0.52-0.34-0.84-0.69-0.54-0.86-0.56-0.42-0.54-0.89-0.260.22-0.84-0.88-0.34-0.62-0.87-0.210.671.0
Click cells to compare fundamentals

Four Corners Account Relationship Matchups

Four Corners fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding68.6M71.6M76.8M81.8M88.7M64.7M
Total Assets1.4B1.7B1.9B2.2B2.5B1.4B
Other Current Liab18.3M15.9M21.5M34.7M(8.3M)(7.8M)
Total Current Liabilities34.6M38.2M40.9M47.2M57.3M29.1M
Total Stockholder Equity721.1M841.4M961.7M1.1B1.3B704.9M
Other Liab14.0M27.0M27.3M21.5M24.7M22.6M
Net Debt669.3M748.9M876.9M974.3M1.1B605.3M
Accounts Payable799K376K550K766K1.3M832.5K
Cash5.1M11.1M6.3M26.3M16.3M25.2M
Non Current Assets Total1.4B1.6B1.9B2.2B2.4B1.4B
Non Currrent Assets Other1.4B1.5B56.1M2.0B2.3B2.4B
Other Assets715K1.5B12.5M1.9B2.2B2.3B
Cash And Short Term Investments5.1M11.1M6.3M26.3M16.3M25.2M
Liabilities And Stockholders Equity1.4B1.7B1.9B2.2B2.5B1.4B
Non Current Liabilities Total684.8M785.5M898.2M1.0B1.1B659.8M
Inventory196K2.9M252K7.8M238K226.1K
Other Current Assets5.1M4.3M4.4M3.4M(84.4M)(80.1M)
Other Stockholder Equity686.2M840.5M958.7M1.1B1.3B686.6M
Total Liab719.3M823.7M939.1M1.1B1.2B688.5M
Total Current Assets10.7M19.3M12.3M40.1M30.5M29.6M
Accumulated Other Comprehensive Income(3.5M)(25.7M)(9.8M)30.9M22.0M23.1M
Net Tangible Assets679.2M745.1M857.4M1.0B1.2B661.0M
Retained Earnings38.4M26.7M12.8M576K(26.3M)(25.0M)
Short Term Debt5.0M10M7.5M9K50M38.7M
Property Plant Equipment1.4B1.5B1.7B1.9B2.2B1.3B
Short Long Term Debt Total674.3M759.9M883.2M1.0B1.1B782.1M
Current Deferred Revenue10.5M11.9M11.3M11.7M14.3M10.5M
Long Term Debt669.9M772.6M885.1M995.5M1.1B782.0M
Net Receivables380K1.0M1.3M2.7M68.0M71.4M
Retained Earnings Total Equity38.4M26.7M12.8M576K518.4K492.5K
Long Term Debt Total669.9M772.6M885.1M995.5M1.1B726.8M
Capital Surpluse686.2M840.5M958.7M1.1B1.3B767.0M
Long Term Investments1.5M3.5M2.6M42.8M49.2M51.7M

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When determining whether Four Corners Property 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 Four 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 Four Corners Property Stock. Highlighted below are key reports to facilitate an investment decision about Four Corners Property Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Corners Property. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Four Corners' price analysis, check to measure Four Corners' 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 Four Corners is operating at the current time. Most of Four Corners' value examination focuses on studying past and present price action to predict the probability of Four Corners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Four Corners' price. Additionally, you may evaluate how the addition of Four Corners to your portfolios can decrease your overall portfolio volatility.
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Is Four Corners' 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 Four Corners. If investors know Four 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 Four Corners 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
(0.04)
Dividend Share
1.37
Earnings Share
1.06
Revenue Per Share
2.857
Quarterly Revenue Growth
0.109
The market value of Four Corners Property is measured differently than its book value, which is the value of Four that is recorded on the company's balance sheet. Investors also form their own opinion of Four Corners' value that differs from its market value or its book value, called intrinsic value, which is Four Corners' 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 Four Corners' market value can be influenced by many factors that don't directly affect Four Corners' 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 Four Corners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Four Corners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Four Corners' 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.