BKV Net Income vs Tax Provision Analysis

BKV Stock   23.22  1.28  5.83%   
BKV financial indicator trend analysis is way more than just evaluating BKV Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BKV Corporation is a good investment. Please check the relationship between BKV Net Income and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BKV Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Net Income vs Tax Provision

Net Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BKV Corporation Net Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BKV's Net Income and Tax Provision is 0.46. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of BKV Corporation, assuming nothing else is changed. The correlation between historical values of BKV's Net Income and Tax Provision 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 of BKV Corporation are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Net Income i.e., BKV's Net Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in BKV Corporation financial statement analysis. It represents the amount of money remaining after all of BKV Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from BKV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BKV Corporation 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 BKV Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Tax Provision is likely to drop to about 24.6 M in 2024. Selling General Administrative is likely to drop to about 214.1 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense2.1M37.2M77.0M80.9M
Interest Income8K1.1M3.1M3.3M

BKV fundamental ratios Correlations

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0.860.380.780.790.380.940.810.830.960.51-0.48-0.480.810.920.940.950.710.790.920.970.520.84-0.98-0.69-0.37
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0.990.780.850.990.830.930.441.00.80.22-0.6-0.60.990.840.830.930.991.00.620.890.710.35-0.68-0.9-0.56
0.990.790.850.990.80.910.440.990.820.18-0.58-0.580.980.870.860.930.991.00.640.90.710.37-0.69-0.89-0.57
0.760.380.940.830.80.6-0.10.790.45-0.19-0.77-0.770.780.510.460.610.870.820.240.550.81-0.18-0.21-0.89-0.72
0.960.940.580.930.910.60.730.940.880.51-0.48-0.480.950.880.890.990.860.920.760.960.540.65-0.89-0.77-0.36
0.520.81-0.090.440.44-0.10.730.480.660.860.090.090.520.60.660.70.320.420.670.68-0.080.93-0.9-0.170.23
1.00.830.821.00.990.790.940.480.850.23-0.62-0.620.990.880.870.950.981.00.680.920.720.42-0.73-0.91-0.57
0.880.960.50.80.820.450.880.660.850.25-0.59-0.590.80.990.990.930.770.830.960.980.680.76-0.91-0.79-0.57
0.250.51-0.280.220.18-0.190.510.860.230.250.310.310.320.180.250.440.070.160.240.34-0.40.65-0.620.110.57
-0.62-0.48-0.64-0.6-0.58-0.77-0.480.09-0.62-0.590.311.0-0.55-0.56-0.51-0.54-0.63-0.63-0.53-0.59-0.94-0.050.320.880.91
-0.62-0.48-0.64-0.6-0.58-0.77-0.480.09-0.62-0.590.311.0-0.55-0.56-0.51-0.54-0.63-0.63-0.53-0.59-0.94-0.050.320.880.91
0.990.810.790.990.980.780.950.520.990.80.32-0.55-0.550.830.830.950.970.980.620.90.640.41-0.73-0.86-0.47
0.910.920.60.840.870.510.880.60.880.990.18-0.56-0.560.831.00.920.830.880.920.970.70.68-0.86-0.81-0.6
0.90.940.550.830.860.460.890.660.870.990.25-0.51-0.510.831.00.930.80.860.930.970.650.73-0.89-0.77-0.54
0.970.950.610.930.930.610.990.70.950.930.44-0.54-0.540.950.920.930.880.930.810.980.610.66-0.9-0.81-0.44
0.970.710.910.990.990.870.860.320.980.770.07-0.63-0.630.970.830.80.880.990.570.840.760.25-0.59-0.92-0.64
0.990.790.861.01.00.820.920.421.00.830.16-0.63-0.630.980.880.860.930.990.660.90.750.37-0.69-0.92-0.61
0.720.920.290.620.640.240.760.670.680.960.24-0.53-0.530.620.920.930.810.570.660.90.60.84-0.9-0.65-0.52
0.950.970.570.890.90.550.960.680.920.980.34-0.59-0.590.90.970.970.980.840.90.90.670.71-0.92-0.83-0.53
0.720.520.790.710.710.810.54-0.080.720.68-0.4-0.94-0.940.640.70.650.610.760.750.60.670.07-0.35-0.94-0.98
0.470.84-0.140.350.37-0.180.650.930.420.760.65-0.05-0.050.410.680.730.660.250.370.840.710.07-0.92-0.210.03
-0.77-0.98-0.22-0.68-0.69-0.21-0.89-0.9-0.73-0.91-0.620.320.32-0.73-0.86-0.89-0.9-0.59-0.69-0.9-0.92-0.35-0.920.540.21
-0.9-0.69-0.86-0.9-0.89-0.89-0.77-0.17-0.91-0.790.110.880.88-0.86-0.81-0.77-0.81-0.92-0.92-0.65-0.83-0.94-0.210.540.85
-0.57-0.37-0.72-0.56-0.57-0.72-0.360.23-0.57-0.570.570.910.91-0.47-0.6-0.54-0.44-0.64-0.61-0.52-0.53-0.980.030.210.85
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BKV Account Relationship Matchups

Thematic Opportunities

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Additional Tools for BKV Stock Analysis

When running BKV's price analysis, check to measure BKV'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 BKV is operating at the current time. Most of BKV's value examination focuses on studying past and present price action to predict the probability of BKV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BKV's price. Additionally, you may evaluate how the addition of BKV to your portfolios can decrease your overall portfolio volatility.