BKDT Stock | | | 74.01 0.00 0.00% |
Brookdale Senior financial indicator trend analysis is way more than just evaluating Brookdale Senior Living prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookdale Senior Living is a good investment. Please check the relationship between Brookdale Senior Income Tax Expense and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookdale Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Income Tax Expense vs Total Revenue
Income Tax Expense vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookdale Senior Living Income Tax Expense account and
Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brookdale Senior's Income Tax Expense and Total Revenue is -0.36. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Brookdale Senior Living, assuming nothing else is changed. The correlation between historical values of Brookdale Senior's Income Tax Expense and Total Revenue 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 Tax Expense of Brookdale Senior Living are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Brookdale Senior's Income Tax Expense and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Total Revenue
Total revenue comprises all receipts Brookdale Senior Living 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.
Most indicators from Brookdale Senior's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookdale Senior Living 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 Brookdale Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Selling General Administrative is likely to drop to about 166.3
M in 2024.
Tax Provision is likely to drop to about (1.6
M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 488.6M | 513.9M | 737.6M | 816.4M | Total Revenue | 2.7B | 2.7B | 3.0B | 2.8B |
Brookdale Senior fundamental ratios Correlations
Click cells to compare fundamentals
Brookdale Senior Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookdale Senior fundamental ratios Accounts
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