BOLT Stock | | | USD 0.64 0.01 1.59% |
Bolt Biotherapeutics financial indicator trend analysis is way more than just evaluating Bolt Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bolt Biotherapeutics is a good investment. Please check the relationship between Bolt Biotherapeutics Income Before Tax and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bolt Biotherapeutics. 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.
For more information on how to buy Bolt Stock please use our
How to Invest in Bolt Biotherapeutics guide.
Income Before Tax vs Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bolt Biotherapeutics Income Before Tax account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Bolt Biotherapeutics' Income Before Tax and Operating Income is 0.99. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Bolt Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Bolt Biotherapeutics' Income Before Tax and Operating Income 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 Bolt Biotherapeutics are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Bolt Biotherapeutics' Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Bolt Biotherapeutics income statement and is an important metric when analyzing Bolt Biotherapeutics 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.
Operating Income
Operating Income is the amount of profit realized from Bolt Biotherapeutics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bolt Biotherapeutics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Bolt Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bolt Biotherapeutics 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 Bolt Biotherapeutics. 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.
For more information on how to buy Bolt Stock please use our
How to Invest in Bolt Biotherapeutics guide.
Selling General Administrative is likely to drop to about 14.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 276.4
K in 2024
Bolt Biotherapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Bolt Biotherapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bolt Biotherapeutics fundamental ratios Accounts
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Additional Tools for Bolt Stock Analysis
When running Bolt Biotherapeutics' price analysis, check to
measure Bolt Biotherapeutics' 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 Bolt Biotherapeutics is operating at the current time. Most of Bolt Biotherapeutics' value examination focuses on studying past and present price action to
predict the probability of Bolt Biotherapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bolt Biotherapeutics' price. Additionally, you may evaluate how the addition of Bolt Biotherapeutics to your portfolios can decrease your overall portfolio volatility.