Bright Net Income From Continuing Ops vs Gross Profit Analysis
BFAM Stock | USD 115.25 0.15 0.13% |
Bright Horizons financial indicator trend analysis is way more than just evaluating Bright Horizons Family prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bright Horizons Family is a good investment. Please check the relationship between Bright Horizons Net Income From Continuing Ops and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Horizons Family. 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.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bright Horizons Family Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bright Horizons' Net Income From Continuing Ops and Gross Profit is 0.76. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Bright Horizons Family, assuming nothing else is changed. The correlation between historical values of Bright Horizons' Net Income From Continuing Ops and Gross Profit 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 Income From Continuing Ops of Bright Horizons Family are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Bright Horizons' Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bright Horizons Family minus its cost of goods sold. It is profit before Bright Horizons 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.Most indicators from Bright Horizons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bright Horizons Family 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 Horizons Family. 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. At this time, Bright Horizons' Selling General Administrative is very stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Tax Provision is likely to drop about 23.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 415.0M | 478.7M | 484.8M | 269.4M | Total Revenue | 1.8B | 2.0B | 2.4B | 1.2B |
Bright Horizons fundamental ratios Correlations
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Bright Horizons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bright Horizons fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.3B | 3.7B | 3.6B | 3.8B | 3.9B | 4.1B | |
Short Long Term Debt Total | 1.8B | 1.8B | 1.8B | 2.0B | 1.9B | 2.0B | |
Other Current Liab | 135.5M | 114.1M | 164.6M | 344.6M | 282.5M | 296.6M | |
Total Current Liabilities | 483.3M | 530.8M | 622.2M | 786.3M | 799.4M | 839.4M | |
Total Stockholder Equity | 971.3M | 1.3B | 1.2B | 1.1B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 1.3B | 1.3B | 1.3B | 1.4B | 1.4B | 1.4B | |
Net Debt | 1.8B | 1.5B | 1.5B | 1.9B | 1.8B | 1.9B | |
Retained Earnings | 373.5M | 400.5M | 471.0M | 551.6M | 625.8M | 657.1M | |
Accounts Payable | 31.6M | 30.0M | 8.5M | 24.6M | 24.8M | 23.4M | |
Cash | 27.9M | 384.3M | 261.0M | 36.2M | 71.6M | 56.8M | |
Non Current Assets Total | 3.1B | 3.1B | 3.1B | 3.5B | 3.4B | 3.6B | |
Non Currrent Assets Other | 46.9M | 49.3M | 72.5M | 34.9M | 75.6M | 79.4M | |
Cash And Short Term Investments | 27.9M | 384.3M | 261.0M | 36.2M | 93.6M | 59.5M | |
Net Receivables | 148.9M | 176.6M | 211.0M | 217.2M | 281.7M | 295.8M | |
Common Stock Shares Outstanding | 58.9M | 60.3M | 60.9M | 58.5M | 57.9M | 42.0M | |
Liabilities And Stockholders Equity | 3.3B | 3.7B | 3.6B | 3.8B | 3.9B | 4.1B | |
Non Current Liabilities Total | 1.9B | 1.9B | 1.8B | 1.9B | 1.9B | 975.6M | |
Other Current Assets | 52.2M | 92.5M | 88.9M | 76.6M | 71.6M | 43.9M | |
Other Stockholder Equity | 648.0M | 910.3M | 745.6M | 599.4M | 645.9M | 489.5M | |
Total Liab | 2.4B | 2.4B | 2.5B | 2.7B | 2.7B | 2.8B | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 1.3B | 1.4B | 2.0B | 2.1B | |
Total Current Assets | 228.9M | 624.2M | 540.3M | 347.7M | 446.9M | 469.2M | |
Short Term Debt | 93.9M | 185.1M | 190.7M | 194.1M | 219.3M | 230.2M | |
Current Deferred Revenue | 222.4M | 238.3M | 321.5M | 223.0M | 272.9M | 286.5M | |
Other Liab | 159.0M | 162.1M | 158.3M | 160.1M | 184.2M | 103.4M | |
Other Assets | 29.6M | 767.1M | 72.5M | 63.8M | (1.0) | (0.95) | |
Long Term Debt | 1.0B | 1.0B | 976.4M | 961.6M | 944.3M | 655.9M | |
Good Will | 1.4B | 1.4B | 1.5B | 1.7B | 1.8B | 928.4M | |
Accumulated Other Comprehensive Income | (50.3M) | (27.1M) | (37.4M) | (70.6M) | (59.1M) | (56.1M) | |
Intangible Assets | 304.7M | 274.6M | 251.0M | 245.6M | 216.6M | 301.3M | |
Property Plant Equipment | 636.2M | 628.8M | 1.3B | 1.4B | 1.6B | 1.7B | |
Retained Earnings Total Equity | 193.1M | 373.5M | 400.5M | 471.0M | 541.6M | 568.7M | |
Deferred Long Term Liab | 143.1M | 58.9M | 46.0M | 48.5M | 43.7M | 86.4M | |
Net Tangible Assets | (746.3M) | (422.8M) | (553.5M) | (893.0M) | (1.0B) | (1.1B) | |
Long Term Debt Total | 1.0B | 1.0B | 1.0B | 976.4M | 1.1B | 1.1B |
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Is Diversified Consumer Services space 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 Bright Horizons. If investors know Bright 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 Bright Horizons 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 0.362 | Earnings Share 2.01 | Revenue Per Share 45.36 | Quarterly Revenue Growth 0.114 | Return On Assets 0.0433 |
The market value of Bright Horizons Family is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Horizons' value that differs from its market value or its book value, called intrinsic value, which is Bright Horizons' 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 Bright Horizons' market value can be influenced by many factors that don't directly affect Bright Horizons' 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 Bright Horizons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Horizons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Horizons' 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.