Brookside Operating Income vs Net Income From Continuing Ops Analysis
BRK Stock | 0.45 0.01 2.17% |
Brookside Energy financial indicator trend analysis is way more than just evaluating Brookside Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookside Energy is a good investment. Please check the relationship between Brookside Energy Operating Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookside 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.
Operating Income vs Net Income From Continuing Ops
Operating Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookside Energy Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brookside Energy's Operating Income and Net Income From Continuing Ops is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Brookside Energy, assuming nothing else is changed. The correlation between historical values of Brookside Energy's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Brookside Energy are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Brookside Energy's Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Brookside Energy 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 Brookside Energy 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.Net Income From Continuing Ops
Most indicators from Brookside Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookside 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 Brookside 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. Issuance Of Capital Stock is likely to gain to about 19.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.8 M in 2024.
Brookside Energy fundamental ratios Correlations
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Brookside Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookside Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.3M | 13.2M | 40.8M | 93.8M | 95.1M | 48.1M | |
Other Current Liab | 39.2K | 62.7K | 4.6M | 15.7M | 10.1M | 10.6M | |
Total Current Liabilities | 5.4M | 5.4M | 4.7M | 22.0M | 11.4M | 10.2M | |
Total Stockholder Equity | 8.9M | 7.6M | 36.0M | 71.7M | 83.4M | 47.3M | |
Net Tangible Assets | 7.9M | 8.9M | 7.6M | 36.0M | 32.4M | 24.9M | |
Retained Earnings | (220.3M) | (219.8M) | (222.4M) | (207.3M) | (185.6M) | (176.3M) | |
Cash | 1.1M | 1.3M | 17.0M | 33.9M | 26.2M | 27.5M | |
Net Receivables | 444.3K | 25.8K | 1.3M | 4.2M | 3.7M | 3.9M | |
Other Current Assets | 22.4K | 26.1K | 315.5K | 83.2K | 143.6K | 136.4K | |
Total Liab | 5.4M | 5.6M | 4.7M | 22.1M | 11.7M | 16.5M | |
Short Long Term Debt | 2.6M | 4.6M | 5.4M | 5.2M | 4.7M | 4.4M | |
Total Current Assets | 1.5M | 1.4M | 18.4M | 38.3M | 30.2M | 31.7M | |
Common Stock | 225.4M | 227.1M | 252.4M | 268.1M | 265.0M | 159.2M | |
Property Plant Equipment | 11.4M | 11.7M | 22.3M | 55.5M | 63.8M | 46.8M | |
Property Plant And Equipment Net | 11.4M | 19.5K | 3.0K | 1.2K | 65.0M | 33.6M | |
Net Debt | 4.3M | 2.6M | (17.0M) | (33.9M) | (26.2M) | (24.9M) | |
Accounts Payable | 8.4K | 137.7K | 58.0K | 6.3M | 1.3M | 1.2M | |
Non Current Assets Total | 12.8M | 11.8M | 22.3M | 55.5M | 65.0M | 51.5M | |
Cash And Short Term Investments | 1.1M | 1.3M | 17.2M | 34.0M | 26.3M | 27.7M | |
Common Stock Total Equity | 222.4M | 225.4M | 225.4M | 227.1M | 261.2M | 145.6M | |
Common Stock Shares Outstanding | 998.8M | 1.1B | 2.7B | 4.3B | 4.9B | 5.1B | |
Liabilities And Stockholders Equity | 14.3M | 13.2M | 40.8M | 93.8M | 95.1M | 53.2M | |
Non Current Liabilities Total | 5.4M | 231.1K | 68.9K | 73.8K | 298.1K | 283.2K | |
Property Plant And Equipment Gross | 11.4M | 11.7M | 22.3M | 55.5M | 65.0M | 36.8M | |
Accumulated Other Comprehensive Income | 3.8M | 282.6K | 6.1M | 11.0M | 4.1M | 3.2M | |
Other Stockholder Equity | 3.7M | 3.8M | 282.6K | 1.1M | 0.9 | 0.86 | |
Short Long Term Debt Total | 5.6M | 4.6M | 5.4M | 3.9M | 3.5M | 3.3M | |
Non Currrent Assets Other | 1.3M | 11.7M | 22.3M | 55.5M | 65.0M | 68.2M | |
Net Invested Capital | 14.3M | 12.9M | 36.0M | 71.7M | 83.4M | 87.6M | |
Net Working Capital | (3.9M) | (4.0M) | 13.8M | 16.3M | 18.8M | 19.7M |
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When running Brookside Energy's price analysis, check to measure Brookside 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 Brookside Energy is operating at the current time. Most of Brookside Energy's value examination focuses on studying past and present price action to predict the probability of Brookside Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookside Energy's price. Additionally, you may evaluate how the addition of Brookside Energy to your portfolios can decrease your overall portfolio volatility.