BIRG Stock | | | 8.66 0.17 2.00% |
Bank of Ireland financial indicator trend analysis is way more than just evaluating Bank of Ireland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Ireland is a good investment. Please check the relationship between Bank of Ireland Selling And Marketing Expenses and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Ireland. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling And Marketing Expenses vs Income Before Tax
Selling And Marketing Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Ireland Selling And Marketing Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bank of Ireland's Selling And Marketing Expenses and Income Before Tax is -0.51. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Bank of Ireland, assuming nothing else is changed. The correlation between historical values of Bank of Ireland's Selling And Marketing Expenses 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 Selling And Marketing Expenses of Bank of Ireland 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 Selling And Marketing Expenses i.e., Bank of Ireland's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Bank of Ireland income statement and is an important metric when analyzing Bank of Ireland 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 Bank of Ireland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Ireland 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 Bank of Ireland. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 766.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 187.7
M in 2024.
Bank of Ireland fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Ireland Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Ireland fundamental ratios Accounts
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Additional Tools for Bank Stock Analysis
When running Bank of Ireland's price analysis, check to
measure Bank of Ireland's 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 Bank of Ireland is operating at the current time. Most of Bank of Ireland's value examination focuses on studying past and present price action to
predict the probability of Bank of Ireland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Ireland's price. Additionally, you may evaluate how the addition of Bank of Ireland to your portfolios can decrease your overall portfolio volatility.