BKW Stock | | | 25.74 0.03 0.12% |
Brickworks financial indicator trend analysis is way more than just evaluating Brickworks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brickworks is a good investment. Please check the relationship between Brickworks Net Income From Continuing Ops and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brickworks. 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.
Net Income From Continuing Ops vs Income Before Tax
Net Income From Continuing Ops vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brickworks Net Income From Continuing Ops account and
Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brickworks' Net Income From Continuing Ops and Income Before Tax is 0.78. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Brickworks, assuming nothing else is changed. The correlation between historical values of Brickworks' Net Income From Continuing Ops 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 Net Income From Continuing Ops of Brickworks 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 Net Income From Continuing Ops i.e., Brickworks' Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income From Continuing Ops
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Brickworks income statement and is an important metric when analyzing Brickworks 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 Brickworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brickworks 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 Brickworks. 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 drop to about 35
M in 2024.
Tax Provision is likely to gain to about (119.1
M) in 2024
Brickworks fundamental ratios Correlations
Click cells to compare fundamentals
Brickworks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brickworks fundamental ratios Accounts
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Additional Tools for Brickworks Stock Analysis
When running Brickworks' price analysis, check to
measure Brickworks' 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 Brickworks is operating at the current time. Most of Brickworks' value examination focuses on studying past and present price action to
predict the probability of Brickworks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brickworks' price. Additionally, you may evaluate how the addition of Brickworks to your portfolios can decrease your overall portfolio volatility.