BPT Stock | | | 1.36 0.03 2.26% |
Beach Energy financial indicator trend analysis is way more than just evaluating Beach Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beach Energy is a good investment. Please check the relationship between Beach Energy Depreciation And Amortization and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beach Energy. 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.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beach Energy Depreciation And Amortization account and
Income Before Tax. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beach Energy's Depreciation And Amortization and Income Before Tax is 0.23. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Beach Energy, assuming nothing else is changed. The correlation between historical values of Beach Energy's Depreciation And Amortization 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 Depreciation And Amortization of Beach Energy 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 Depreciation And Amortization i.e., Beach Energy's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Beach Energy income statement and is an important metric when analyzing Beach Energy 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 Beach Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beach Energy 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 Beach Energy. 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 3.7
M in 2024.
Tax Provision is likely to gain to about (170.1
M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 8.1M | 14.2M | 40.5M | 42.5M | Depreciation And Amortization | 393.3M | 446.1M | 20M | 19M |
Beach Energy fundamental ratios Correlations
Click cells to compare fundamentals
Beach Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beach Energy fundamental ratios Accounts
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Additional Tools for Beach Stock Analysis
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measure Beach Energy'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 Beach Energy is operating at the current time. Most of Beach Energy's value examination focuses on studying past and present price action to
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