Boston Tax Provision vs Gross Profit Analysis

BPF-UN Stock  CAD 17.49  0.01  0.06%   
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 Tax Provision and its Gross Profit 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.

Tax Provision vs Gross Profit

Tax Provision vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boston Pizza Royalties Tax Provision account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Boston Pizza's Tax Provision and Gross Profit is -0.16. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Gross Profit 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 Tax Provision and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Boston Pizza Royalties are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Tax Provision i.e., Boston Pizza's Tax Provision and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Boston Pizza Royalties minus its cost of goods sold. It is profit before Boston Pizza operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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.
 2021 2022 2023 2024 (projected)
Gross Profit35.2M45.2M48.9M33.6M
Total Revenue35.2M45.5M49.2M36.3M

Boston Pizza fundamental ratios Correlations

0.960.420.20.980.97-0.690.680.611.0-0.390.610.730.90.60.17-0.250.880.70.850.89-0.110.67-0.760.880.03
0.960.520.230.960.99-0.80.640.670.96-0.510.670.780.910.510.23-0.170.80.740.840.95-0.040.61-0.830.89-0.07
0.420.52-0.050.430.48-0.640.360.730.41-0.650.730.890.510.31-0.010.220.340.740.390.50.25-0.16-0.470.37-0.02
0.20.23-0.050.240.25-0.340.440.060.2-0.470.060.020.21-0.57-0.220.490.110.050.210.250.620.01-0.260.130.18
0.980.960.430.240.95-0.710.730.660.98-0.460.660.740.930.490.26-0.20.790.730.860.94-0.020.63-0.820.91-0.06
0.970.990.480.250.95-0.780.640.590.97-0.470.590.760.90.520.13-0.190.820.710.820.91-0.040.6-0.770.850.07
-0.69-0.8-0.64-0.34-0.71-0.78-0.46-0.6-0.680.61-0.6-0.77-0.84-0.28-0.12-0.11-0.61-0.64-0.78-0.73-0.06-0.180.64-0.530.08
0.680.640.360.440.730.64-0.460.530.68-0.560.530.520.590.070.00.020.430.550.420.730.330.38-0.670.70.21
0.610.670.730.060.660.59-0.60.530.59-0.761.00.830.630.320.450.340.440.930.630.690.160.2-0.680.6-0.29
1.00.960.410.20.980.97-0.680.680.59-0.380.590.710.90.60.16-0.260.880.690.840.89-0.120.68-0.750.880.03
-0.39-0.51-0.65-0.47-0.46-0.470.61-0.56-0.76-0.38-0.76-0.62-0.440.15-0.03-0.57-0.19-0.7-0.4-0.55-0.550.140.57-0.380.0
0.610.670.730.060.660.59-0.60.531.00.59-0.760.830.630.320.450.340.440.930.630.690.160.2-0.680.6-0.29
0.730.780.890.020.740.76-0.770.520.830.71-0.620.830.810.490.20.120.60.920.710.740.120.17-0.660.6-0.02
0.90.910.510.210.930.9-0.840.590.630.9-0.440.630.810.490.27-0.140.770.740.930.85-0.020.45-0.750.74-0.05
0.60.510.31-0.570.490.52-0.280.070.320.60.150.320.490.490.11-0.540.760.420.530.32-0.710.47-0.20.40.04
0.170.23-0.01-0.220.260.13-0.120.00.450.16-0.030.450.20.270.110.04-0.030.390.360.33-0.180.41-0.420.32-0.72
-0.25-0.170.220.49-0.2-0.19-0.110.020.34-0.26-0.570.340.12-0.14-0.540.04-0.260.27-0.07-0.140.56-0.520.15-0.310.03
0.880.80.340.110.790.82-0.610.430.440.88-0.190.440.60.770.76-0.03-0.260.550.810.6-0.370.58-0.450.590.17
0.70.740.740.050.730.71-0.640.550.930.69-0.70.930.920.740.420.390.270.550.70.710.140.24-0.660.59-0.05
0.850.840.390.210.860.82-0.780.420.630.84-0.40.630.710.930.530.36-0.070.810.70.74-0.180.5-0.670.63-0.2
0.890.950.50.250.940.91-0.730.730.690.89-0.550.690.740.850.320.33-0.140.60.710.740.120.58-0.910.95-0.19
-0.11-0.040.250.62-0.02-0.04-0.060.330.16-0.12-0.550.160.12-0.02-0.71-0.180.56-0.370.14-0.180.12-0.39-0.210.010.14
0.670.61-0.160.010.630.6-0.180.380.20.680.140.20.170.450.470.41-0.520.580.240.50.58-0.39-0.590.69-0.22
-0.76-0.83-0.47-0.26-0.82-0.770.64-0.67-0.68-0.750.57-0.68-0.66-0.75-0.2-0.420.15-0.45-0.66-0.67-0.91-0.21-0.59-0.840.31
0.880.890.370.130.910.85-0.530.70.60.88-0.380.60.60.740.40.32-0.310.590.590.630.950.010.69-0.84-0.23
0.03-0.07-0.020.18-0.060.070.080.21-0.290.030.0-0.29-0.02-0.050.04-0.720.030.17-0.05-0.2-0.190.14-0.220.31-0.23
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Boston Pizza Account Relationship Matchups

Boston Pizza fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets396.4M390.8M411.3M413.7M413.1M306.5M
Other Current Liab2.8M6.6M2.1M2.5M2.6M2.8M
Total Current Liabilities91.7M11.8M91.0M3.1M3.0M2.9M
Total Stockholder Equity265.1M256.9M275.8M280.6M278.9M211.3M
Net Debt86.6M83.9M82.8M81.2M81.9M45.2M
Retained Earnings(63.4M)(68.1M)(49.2M)(44.5M)(42.2M)(44.3M)
Cash1.8M7.7M5.2M5.2M4.6M4.8M
Non Current Assets Total390.7M376.6M402.4M402.4M402.5M300.5M
Non Currrent Assets Other90K(79.5M)(74.1M)2.6M1.4M1.3M
Cash And Short Term Investments1.8M7.7M5.2M5.2M4.6M4.8M
Net Receivables4.0M6.4M3.4M4.4M4.4M3.4M
Common Stock Shares Outstanding25.0M24.8M21.5M24.8M24.7M19.4M
Liabilities And Stockholders Equity396.4M390.8M411.3M413.7M413.1M306.5M
Non Current Liabilities Total39.6M122.1M44.5M130.0M131.1M82.1M
Other Current Assets49K109K105K1.7M1.5M1.6M
Other Stockholder Equity(261.4M)(272.7M)63.4M293.5M298.7M44.5M
Total Liab131.3M133.9M135.5M133.1M134.2M88.4M
Total Current Assets5.8M14.2M8.9M11.3M10.5M6.1M
Intangible Assets280.3M283.8M284.2M284.2M326.8M261.0M
Other Liab6.5M7.3M6.7M6.8M6.1M5.8M
Net Tangible Assets(7.6M)(18.7M)(27.3M)(8.4M)(9.6M)(10.1M)
Long Term Investments106.7M92.4M117.6M115.6M117.0M120.0M
Property Plant And Equipment Net(396.4M)12.8M8.8M(413.7M)(413.1M)(433.7M)
Non Current Liabilities Other33.1M26.3M37.6M36.7M37.3M32.9M
Net Invested Capital353.4M348.5M363.8M367.0M365.4M290.5M
Net Working Capital(85.9M)2.4M(82.1M)8.2M7.5M7.9M

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.