Bill Income Before Tax vs Reconciled Depreciation Analysis
BILL Stock | USD 90.22 0.45 0.50% |
Bill financial indicator trend analysis is way more than just evaluating Bill Com Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bill Com Holdings is a good investment. Please check the relationship between Bill Income Before Tax and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bill Com Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Income Before Tax vs Reconciled Depreciation
Income Before Tax vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bill Com Holdings Income Before Tax account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bill's Income Before Tax and Reconciled Depreciation is -0.56. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Bill Com Holdings, assuming nothing else is changed. The correlation between historical values of Bill's Income Before Tax and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Bill Com Holdings are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Before Tax i.e., Bill's Income Before Tax and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Bill income statement and is an important metric when analyzing Bill Com Holdings 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.Reconciled Depreciation
Most indicators from Bill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bill Com Holdings 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 Bill Com Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Bill's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, although the value of Selling General Administrative will most likely fall to about 182 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 87.5M | 105.2M | 103.2M | 108.3M | Interest Income | 6.7M | 91.3M | 122.3M | 128.4M |
Bill fundamental ratios Correlations
Click cells to compare fundamentals
Bill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 6.0B | 9.3B | 9.6B | 9.2B | 6.1B | |
Short Long Term Debt Total | 2.3M | 1.1B | 1.9B | 1.9B | 976.8M | 916.7M | |
Other Current Liab | 20.9M | 2.3B | 149.1M | 3.6B | 4.0B | 4.2B | |
Total Current Liabilities | 1.7B | 2.3B | 3.4B | 3.8B | 4.1B | 2.8B | |
Total Stockholder Equity | 710.7M | 2.5B | 4.0B | 4.1B | 4.1B | 2.4B | |
Other Liab | 3.2M | 16.4M | 37.9M | 23.0M | 26.4M | 18.5M | |
Net Tangible Assets | 710.7M | 340.2M | 1.2B | 1.3B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 13.9M | 120.8M | 133.4M | 150.6M | 147.4M | 90.9M | |
Current Deferred Revenue | 1.7B | 2.2B | 3.2B | 3.4B | 17.0M | 16.2M | |
Net Debt | (571.3M) | 566.4M | 259.3M | 295.2M | (9.1M) | (8.6M) | |
Retained Earnings | (148.7M) | (247.5M) | (544.8M) | (856.2M) | (1.1B) | (1.0B) | |
Accounts Payable | 3.5M | 11.9M | 9.9M | 8.5M | 7.4M | 7.7M | |
Cash | 573.6M | 509.6M | 1.6B | 1.6B | 985.9M | 847.9M | |
Non Current Assets Total | 24.6M | 2.4B | 3.0B | 3.0B | 2.9B | 1.8B | |
Non Currrent Assets Other | 10.7M | 52.9M | 47.7M | 54.4M | 38.6M | 33.4M | |
Other Assets | 10.7M | 52.9M | 47.7M | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 697.6M | 1.2B | 2.7B | 2.7B | 1.6B | 1.4B | |
Net Receivables | 10.8M | 165.3M | 280.4M | 486.9M | 725.3M | 761.5M | |
Common Stock Shares Outstanding | 87.8M | 82.8M | 101.8M | 106.0M | 106.1M | 100.4M | |
Short Term Investments | 124.0M | 655.3M | 1.1B | 1.0B | 601.5M | 577.4M | |
Liabilities And Stockholders Equity | 2.4B | 6.0B | 9.3B | 9.6B | 9.2B | 6.1B | |
Non Current Liabilities Total | 16.4M | 1.1B | 1.8B | 1.8B | 981.6M | 973.1M | |
Capital Lease Obligations | 1.1M | 86.6M | 82.7M | 72.5M | 62.8M | 48.2M | |
Other Current Assets | 1.7B | 2.3B | 3.6B | 3.5B | 4.0B | 2.6B | |
Other Stockholder Equity | (1.5B) | 2.8B | 4.6B | 4.9B | 5.2B | 5.5B | |
Total Liab | 1.7B | 3.4B | 5.2B | 5.6B | 5.0B | 3.7B | |
Deferred Long Term Liab | 10.1M | 9.1M | 23.0M | 14.5M | 16.7M | 12.2M | |
Net Invested Capital | 713.0M | 3.5B | 5.8B | 5.9B | 5.0B | 3.3B | |
Property Plant And Equipment Gross | 13.9M | 120.8M | 133.4M | 150.6M | 214.3M | 225.0M | |
Total Current Assets | 2.4B | 3.6B | 6.3B | 6.7B | 6.3B | 4.4B | |
Accumulated Other Comprehensive Income | 2.4M | (100K) | (10.2M) | (4.5M) | (1.9M) | (2.0M) | |
Non Current Liabilities Other | 13.8M | 25.9M | 20.8M | 18.9M | 574K | 545.3K | |
Net Working Capital | 702.6M | 1.3B | 2.9B | 2.9B | 2.3B | 1.6B | |
Short Term Debt | 494K | 2.3M | 75.1M | 303.5M | 13M | 12.4M | |
Property Plant Equipment | 13.9M | 120.8M | 133.4M | 81.6M | 93.8M | 66.4M | |
Inventory | (6.5M) | (155.2M) | (256.4M) | 3.4B | (65.0M) | (61.8M) |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bill Com Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Systems Software 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 Bill. If investors know Bill 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 Bill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.07 | Revenue Per Share 12.698 | Quarterly Revenue Growth 0.175 | Return On Assets (0.01) | Return On Equity 0.0019 |
The market value of Bill Com Holdings is measured differently than its book value, which is the value of Bill that is recorded on the company's balance sheet. Investors also form their own opinion of Bill's value that differs from its market value or its book value, called intrinsic value, which is Bill's 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 Bill's market value can be influenced by many factors that don't directly affect Bill's 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 Bill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bill's 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.