BPF-UN Stock | | | CAD 17.35 0.02 0.12% |
Boston Pizza financial indicator trend analysis is way more than just evaluating Boston Pizza Royalties prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boston Pizza Royalties is a good investment. Please check the relationship between Boston Pizza Net Income and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Pizza Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Net Income vs Income Tax Expense
Net Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boston Pizza Royalties Net Income account and
Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boston Pizza's Net Income and Income Tax Expense is 0.73. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Boston Pizza Royalties, assuming nothing else is changed. The correlation between historical values of Boston Pizza's Net Income and Income Tax Expense 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 Boston Pizza Royalties are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Income i.e., Boston Pizza's Net Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Boston Pizza Royalties financial statement analysis. It represents the amount of money remaining after all of Boston Pizza Royalties operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Income Tax Expense
Most indicators from Boston Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boston Pizza Royalties 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 Boston Pizza Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At present, Boston Pizza's
Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's
Enterprise Value Multiple is expected to grow to 10.96, whereas
Selling General Administrative is forecasted to decline to about 1.4
M.
Boston Pizza fundamental ratios Correlations
Click cells to compare fundamentals
Boston Pizza Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boston Pizza fundamental ratios Accounts
Other Information on Investing in Boston Stock
Balance Sheet is a snapshot of the
financial position of Boston Pizza Royalties at a specified time, usually calculated after every quarter, six months, or one year. Boston Pizza Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Boston Pizza and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Boston currently owns. An asset can also be divided into two categories, current and non-current.