Bright Total Revenue vs Income Before Tax Analysis

600597 Stock

8.74 0.21 2.35%

Bright Dairy financial indicator trend analysis is way more than just evaluating Bright Dairy Food prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bright Dairy Food is a good investment. Please check the relationship between Bright Dairy Total Revenue and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Dairy Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Revenue vs Income Before Tax

Total Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bright Dairy Food Total Revenue account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.

The correlation between Bright Dairy's Total Revenue and Income Before Tax is 0.66. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Bright Dairy Food, assuming nothing else is changed. The correlation between historical values of Bright Dairy's Total Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Bright Dairy Food are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Bright Dairy's Total Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Total Revenue

Total revenue comprises all receipts Bright Dairy Food generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Income Before Tax

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

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

As of December 23, 2024, Selling General Administrative is expected to decline to about 1.8 B. The current year's Tax Provision is expected to grow to about (13.5 M)

	2021	2022	2023	2024 (projected)
Operating Income	760.1M	799.2M	1.0B	698.2M
Total Revenue	29.2B	28.2B	26.5B	15.9B

Operating Income Total Revenue

Bright Dairy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets
Total Assets		0.08	0.81	0.98	0.64	0.98	0.83	0.63	-0.12	0.52	0.73	0.96	0.5	0.84	0.87	0.77	0.98	-0.27	0.83	0.8	0.83	-0.71	0.86	0.77	0.44	0.8
Other Current Liab	0.08		0.43	-0.06	-0.21	0.04	0.34	0.41	0.28	0.57	0.43	0.0	0.77	0.38	-0.2	0.18	-0.08	0.01	-0.03	0.17	-0.2	0.21	-0.24	-0.23	0.26	-0.22
Total Current Liabilities	0.81	0.43		0.71	0.41	0.76	0.89	0.82	0.01	0.53	0.92	0.73	0.62	0.96	0.6	0.8	0.71	-0.03	0.67	0.72	0.65	-0.47	0.55	0.61	0.63	0.58
Total Stockholder Equity	0.98	-0.06	0.71		0.59	0.96	0.77	0.54	-0.05	0.43	0.65	0.95	0.38	0.74	0.88	0.77	0.98	-0.31	0.83	0.76	0.85	-0.75	0.9	0.8	0.36	0.81
Other Liab	0.64	-0.21	0.41	0.59		0.58	0.45	0.48	-0.32	0.21	0.42	0.58	0.15	0.56	0.58	0.46	0.65	0.01	0.45	0.21	0.46	-0.28	0.42	0.34	0.06	0.43
Retained Earnings	0.98	0.04	0.76	0.96	0.58		0.78	0.53	-0.23	0.52	0.63	0.95	0.44	0.79	0.9	0.67	0.98	-0.36	0.83	0.87	0.88	-0.74	0.92	0.83	0.46	0.83
Accounts Payable	0.83	0.34	0.89	0.77	0.45	0.78		0.61	-0.05	0.66	0.85	0.83	0.68	0.93	0.64	0.82	0.75	-0.18	0.87	0.64	0.74	-0.53	0.64	0.54	0.24	0.65
Cash	0.63	0.41	0.82	0.54	0.48	0.53	0.61		0.17	0.4	0.8	0.43	0.54	0.8	0.32	0.73	0.51	0.16	0.37	0.46	0.35	-0.23	0.26	0.38	0.63	0.32
Other Assets	-0.12	0.28	0.01	-0.05	-0.32	-0.23	-0.05	0.17		-0.05	0.23	-0.19	0.15	-0.09	-0.39	0.34	-0.2	0.33	-0.2	-0.22	-0.33	0.19	-0.31	-0.23	-0.02	-0.38
Long Term Debt	0.52	0.57	0.53	0.43	0.21	0.52	0.66	0.4	-0.05		0.52	0.47	0.69	0.64	0.3	0.46	0.45	-0.32	0.53	0.48	0.35	-0.36	0.31	0.19	0.07	0.23
Net Receivables	0.73	0.43	0.92	0.65	0.42	0.63	0.85	0.8	0.23	0.52		0.65	0.62	0.9	0.49	0.87	0.6	0.23	0.6	0.51	0.47	-0.32	0.38	0.38	0.45	0.42
Inventory	0.96	0.0	0.73	0.95	0.58	0.95	0.83	0.43	-0.19	0.47	0.65		0.43	0.77	0.91	0.71	0.96	-0.36	0.88	0.74	0.86	-0.74	0.89	0.75	0.29	0.86
Other Current Assets	0.5	0.77	0.62	0.38	0.15	0.44	0.68	0.54	0.15	0.69	0.62	0.43		0.64	0.19	0.45	0.35	-0.03	0.41	0.4	0.19	-0.07	0.19	0.06	0.18	0.21
Total Liab	0.84	0.38	0.96	0.74	0.56	0.79	0.93	0.8	-0.09	0.64	0.9	0.77	0.64		0.63	0.82	0.75	-0.1	0.76	0.67	0.7	-0.51	0.57	0.57	0.47	0.6
Intangible Assets	0.87	-0.2	0.6	0.88	0.58	0.9	0.64	0.32	-0.39	0.3	0.49	0.91	0.19	0.63		0.54	0.91	-0.29	0.72	0.69	0.81	-0.72	0.87	0.78	0.33	0.81
Common Stock	0.77	0.18	0.8	0.77	0.46	0.67	0.82	0.73	0.34	0.46	0.87	0.71	0.45	0.82	0.54		0.7	0.01	0.71	0.46	0.61	-0.44	0.5	0.54	0.28	0.5
Property Plant Equipment	0.98	-0.08	0.71	0.98	0.65	0.98	0.75	0.51	-0.2	0.45	0.6	0.96	0.35	0.75	0.91	0.7		-0.36	0.83	0.8	0.88	-0.77	0.92	0.84	0.4	0.83
Short Term Investments	-0.27	0.01	-0.03	-0.31	0.01	-0.36	-0.18	0.16	0.33	-0.32	0.23	-0.36	-0.03	-0.1	-0.29	0.01	-0.36		-0.44	-0.4	-0.49	0.53	-0.5	-0.41	0.02	-0.48
Good Will	0.83	-0.03	0.67	0.83	0.45	0.83	0.87	0.37	-0.2	0.53	0.6	0.88	0.41	0.76	0.72	0.71	0.83	-0.44		0.67	0.92	-0.71	0.83	0.68	0.12	0.85
Treasury Stock	0.8	0.17	0.72	0.76	0.21	0.87	0.64	0.46	-0.22	0.48	0.51	0.74	0.4	0.67	0.69	0.46	0.8	-0.4	0.67		0.78	-0.73	0.85	0.84	0.7	0.74
Net Tangible Assets	0.83	-0.2	0.65	0.85	0.46	0.88	0.74	0.35	-0.33	0.35	0.47	0.86	0.19	0.7	0.81	0.61	0.88	-0.49	0.92	0.78		-0.8	0.93	0.89	0.32	0.89
Other Stockholder Equity	-0.71	0.21	-0.47	-0.75	-0.28	-0.74	-0.53	-0.23	0.19	-0.36	-0.32	-0.74	-0.07	-0.51	-0.72	-0.44	-0.77	0.53	-0.71	-0.73	-0.8		-0.83	-0.72	-0.35	-0.73
Deferred Long Term Liab	0.86	-0.24	0.55	0.9	0.42	0.92	0.64	0.26	-0.31	0.31	0.38	0.89	0.19	0.57	0.87	0.5	0.92	-0.5	0.83	0.85	0.93	-0.83		0.9	0.37	0.91
Long Term Investments	0.77	-0.23	0.61	0.8	0.34	0.83	0.54	0.38	-0.23	0.19	0.38	0.75	0.06	0.57	0.78	0.54	0.84	-0.41	0.68	0.84	0.89	-0.72	0.9		0.56	0.78
Short Long Term Debt	0.44	0.26	0.63	0.36	0.06	0.46	0.24	0.63	-0.02	0.07	0.45	0.29	0.18	0.47	0.33	0.28	0.4	0.02	0.12	0.7	0.32	-0.35	0.37	0.56		0.35
Total Current Assets	0.8	-0.22	0.58	0.81	0.43	0.83	0.65	0.32	-0.38	0.23	0.42	0.86	0.21	0.6	0.81	0.5	0.83	-0.48	0.85	0.74	0.89	-0.73	0.91	0.78	0.35

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Bright Dairy Account Relationship Matchups

Bright Dairy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.6B	20.3B	23.5B	24.5B	24.2B	25.4B
Other Current Liab	3.8B	3.8B	2.2B	2.3B	172.4M	163.8M
Total Current Liabilities	8.2B	9.1B	8.7B	10.7B	10.2B	5.3B
Total Stockholder Equity	5.7B	6.3B	7.9B	8.0B	8.9B	9.4B
Other Liab	541.4M	848.5M	1.3B	1.4B	1.6B	1.7B
Retained Earnings	3.0B	3.4B	3.8B	3.9B	4.1B	4.3B
Accounts Payable	2.5B	3.0B	3.3B	3.9B	3.1B	1.7B
Cash	2.5B	2.9B	3.2B	2.6B	3.3B	2.1B
Other Assets	551.4M	303.6M	336.9M	305.6M	351.4M	405.6M
Long Term Debt	1.5B	1.3B	1.7B	990.5M	534.7M	582.5M
Net Receivables	1.7B	1.8B	1.9B	2.3B	1.9B	1.3B
Inventory	2.3B	2.9B	3.1B	4.2B	3.6B	3.7B
Other Current Assets	717.7M	1.1B	897.0M	730.5M	217.2M	400.3M
Total Liab	10.2B	11.4B	13.1B	13.9B	12.8B	6.6B
Intangible Assets	369.9M	459.7M	571.2M	786.1M	872.5M	916.1M
Property Plant Equipment	9.1B	9.7B	12.4B	12.5B	14.4B	15.1B
Good Will	330.2M	545.9M	827.1M	822.6M	749.6M	451.8M
Net Tangible Assets	5.0B	5.3B	6.4B	6.4B	7.3B	5.6B
Other Stockholder Equity	(163.5M)	(51.1M)	(219.0M)	(223.5M)	(201.1M)	(211.2M)
Deferred Long Term Liab	11.7M	15.8M	21.2M	24.1M	27.7M	29.1M
Short Long Term Debt	1.5B	1.3B	712.6M	1.2B	1.8B	1.3B
Total Current Assets	7.2B	9.0B	9.2B	9.9B	9.7B	9.4B
Non Current Assets Total	10.4B	11.3B	14.3B	14.5B	14.5B	12.6B
Non Currrent Assets Other	114.4M	26.3M	196.8M	81.1M	64.8M	68.9M
Non Current Liabilities Total	2.0B	2.4B	4.4B	3.2B	2.6B	2.7B
Non Current Liabilities Other	900.1M	1.4B	509.8M	520.8M	546.1M	702.8M
Net Invested Capital	8.7B	8.9B	10.3B	10.2B	11.2B	10.7B
Net Working Capital	(1.0B)	(30.0M)	489.2M	(826.0M)	(477.7M)	(501.5M)

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Other Information on Investing in Bright Stock

Balance Sheet is a snapshot of the financial position of Bright Dairy Food at a specified time, usually calculated after every quarter, six months, or one year. Bright Dairy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bright Dairy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bright currently owns. An asset can also be divided into two categories, current and non-current.

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Bright Total Revenue vs Income Before Tax Analysis

Total Revenue vs Income Before Tax

Total Revenue vs Income Before Tax Correlation Analysis

Correlation Coefficient

Total Revenue

Income Before Tax

Bright Dairy fundamental ratios Correlations

Bright Dairy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bright Dairy fundamental ratios Accounts

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Other Information on Investing in Bright Stock

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Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Stockholder Equity
Property Plant Equipment	+ 0.98	Retained Earnings
Inventory	+ 0.96	Total Assets

Deferred Long Term Liab	- 0.83	Other Stockholder Equity
Other Stockholder Equity	- 0.8	Net Tangible Assets
Other Stockholder Equity	- 0.77	Property Plant Equipment
Other Stockholder Equity	- 0.75	Total Stockholder Equity
Other Stockholder Equity	- 0.74	Inventory
Other Stockholder Equity	- 0.74	Retained Earnings