Brooks Operating Income vs Tax Provision Analysis

BRK Stock

1,605 25.00 1.58%

Brooks Macdonald financial indicator trend analysis is way more than just evaluating Brooks Macdonald prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brooks Macdonald is a good investment. Please check the relationship between Brooks Macdonald Operating Income and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brooks Macdonald Group. 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.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brooks Macdonald Operating Income account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Brooks Macdonald's Operating Income and Tax Provision is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Brooks Macdonald Group, assuming nothing else is changed. The correlation between historical values of Brooks Macdonald's Operating Income and Tax Provision 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 Brooks Macdonald Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., Brooks Macdonald's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Operating Income

Operating Income is the amount of profit realized from Brooks Macdonald 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 Brooks Macdonald Group 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.

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.

Most indicators from Brooks Macdonald's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brooks Macdonald 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 Brooks Macdonald Group. 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.

As of December 16, 2024, Selling General Administrative is expected to decline to about 56.6 M. The current year's Discontinued Operations is expected to grow to about (337.7 K)

	2021	2022	2023	2024 (projected)
Interest Expense	372K	235K	195K	185.3K
Depreciation And Amortization	9.4M	9.5M	10.4M	11.0M

Interest Expense Depreciation And Amortization

Brooks Macdonald fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Other Liab	Current Deferred Revenue
Total Assets		0.63	0.72	0.99	0.74	-0.93	0.94	0.15	0.84	0.98	-0.18	0.84	0.82	0.93	0.45	0.58	0.49	0.98	0.77	0.79	0.86	0.07	0.84	0.13	-0.06	-0.27
Other Current Liab	0.63		0.79	0.57	0.66	-0.58	0.53	-0.23	0.62	0.62	0.02	0.62	0.75	0.69	0.5	0.55	0.71	0.6	0.8	0.38	0.66	0.04	0.74	0.36	0.26	0.09
Total Current Liabilities	0.72	0.79		0.66	0.65	-0.73	0.68	0.25	0.75	0.68	0.09	0.75	0.88	0.81	0.67	0.48	0.34	0.65	0.92	0.35	0.82	0.41	0.88	0.52	0.0	0.16
Total Stockholder Equity	0.99	0.57	0.66		0.7	-0.93	0.95	0.15	0.83	0.97	-0.22	0.83	0.78	0.92	0.44	0.52	0.47	0.98	0.7	0.8	0.84	0.05	0.8	0.04	-0.11	-0.34
Property Plant And Equipment Net	0.74	0.66	0.65	0.7		-0.81	0.53	0.08	0.88	0.66	-0.19	0.87	0.7	0.78	0.23	0.83	0.42	0.71	0.83	0.45	0.85	-0.11	0.74	0.23	0.05	-0.1
Net Debt	-0.93	-0.58	-0.73	-0.93	-0.81		-0.87	-0.28	-0.96	-0.84	0.17	-0.96	-0.79	-0.92	-0.49	-0.53	-0.34	-0.91	-0.75	-0.63	-0.95	-0.18	-0.82	-0.13	0.19	0.19
Retained Earnings	0.94	0.53	0.68	0.95	0.53	-0.87		0.24	0.75	0.92	-0.18	0.76	0.75	0.87	0.59	0.32	0.4	0.91	0.62	0.72	0.79	0.24	0.78	0.09	-0.23	-0.24
Accounts Payable	0.15	-0.23	0.25	0.15	0.08	-0.28	0.24		0.25	0.05	0.06	0.25	0.23	0.2	0.15	-0.09	-0.75	0.07	0.13	-0.04	0.29	0.5	0.25	0.29	-0.3	0.16
Cash	0.84	0.62	0.75	0.83	0.88	-0.96	0.75	0.25		0.74	-0.22	1.0	0.81	0.92	0.44	0.61	0.33	0.81	0.8	0.49	0.99	0.11	0.82	0.13	-0.16	-0.14
Non Current Assets Total	0.98	0.62	0.68	0.97	0.66	-0.84	0.92	0.05	0.74		-0.17	0.74	0.79	0.89	0.41	0.58	0.55	0.97	0.74	0.83	0.77	0.0	0.8	0.09	0.0	-0.31
Non Currrent Assets Other	-0.18	0.02	0.09	-0.22	-0.19	0.17	-0.18	0.06	-0.22	-0.17		-0.22	0.02	-0.24	0.25	-0.16	-0.08	-0.18	-0.01	0.02	-0.21	0.24	0.0	0.45	0.22	0.51
Cash And Short Term Investments	0.84	0.62	0.75	0.83	0.87	-0.96	0.76	0.25	1.0	0.74	-0.22		0.81	0.93	0.46	0.6	0.33	0.82	0.8	0.49	0.99	0.12	0.83	0.13	-0.17	-0.14
Common Stock Total Equity	0.82	0.75	0.88	0.78	0.7	-0.79	0.75	0.23	0.81	0.79	0.02	0.81		0.91	0.52	0.62	0.38	0.74	0.9	0.51	0.87	0.09	0.98	0.46	0.18	0.11
Common Stock Shares Outstanding	0.93	0.69	0.81	0.92	0.78	-0.92	0.87	0.2	0.92	0.89	-0.24	0.93	0.91		0.48	0.62	0.43	0.89	0.85	0.61	0.96	0.06	0.91	0.15	-0.07	-0.16
Short Term Investments	0.45	0.5	0.67	0.44	0.23	-0.49	0.59	0.15	0.44	0.41	0.25	0.46	0.52	0.48		-0.07	0.29	0.43	0.45	0.21	0.52	0.62	0.52	0.31	-0.29	0.17
Non Current Liabilities Total	0.58	0.55	0.48	0.52	0.83	-0.53	0.32	-0.09	0.61	0.58	-0.16	0.6	0.62	0.62	-0.07		0.46	0.54	0.78	0.31	0.6	-0.38	0.66	0.32	0.37	0.07
Other Current Assets	0.49	0.71	0.34	0.47	0.42	-0.34	0.4	-0.75	0.33	0.55	-0.08	0.33	0.38	0.43	0.29	0.46		0.52	0.44	0.43	0.32	-0.33	0.4	0.0	0.26	-0.14
Other Stockholder Equity	0.98	0.6	0.65	0.98	0.71	-0.91	0.91	0.07	0.81	0.97	-0.18	0.82	0.74	0.89	0.43	0.54	0.52		0.7	0.84	0.81	0.07	0.76	-0.01	-0.11	-0.38
Total Liab	0.77	0.8	0.92	0.7	0.83	-0.75	0.62	0.13	0.8	0.74	-0.01	0.8	0.9	0.85	0.45	0.78	0.44	0.7		0.39	0.85	0.12	0.92	0.51	0.17	0.15
Property Plant And Equipment Gross	0.79	0.38	0.35	0.8	0.45	-0.63	0.72	-0.04	0.49	0.83	0.02	0.49	0.51	0.61	0.21	0.31	0.43	0.84	0.39		0.46	-0.11	0.49	-0.18	-0.05	-0.53
Total Current Assets	0.86	0.66	0.82	0.84	0.85	-0.95	0.79	0.29	0.99	0.77	-0.21	0.99	0.87	0.96	0.52	0.6	0.32	0.81	0.85	0.46		0.16	0.89	0.22	-0.13	-0.07
Short Term Debt	0.07	0.04	0.41	0.05	-0.11	-0.18	0.24	0.5	0.11	0.0	0.24	0.12	0.09	0.06	0.62	-0.38	-0.33	0.07	0.12	-0.11	0.16		0.11	0.28	-0.5	0.26
Common Stock	0.84	0.74	0.88	0.8	0.74	-0.82	0.78	0.25	0.82	0.8	0.0	0.83	0.98	0.91	0.52	0.66	0.4	0.76	0.92	0.49	0.89	0.11		0.52	0.2	0.15
Short Long Term Debt Total	0.13	0.36	0.52	0.04	0.23	-0.13	0.09	0.29	0.13	0.09	0.45	0.13	0.46	0.15	0.31	0.32	0.0	-0.01	0.51	-0.18	0.22	0.28	0.52		0.47	0.77
Other Liab	-0.06	0.26	0.0	-0.11	0.05	0.19	-0.23	-0.3	-0.16	0.0	0.22	-0.17	0.18	-0.07	-0.29	0.37	0.26	-0.11	0.17	-0.05	-0.13	-0.5	0.2	0.47		0.38
Current Deferred Revenue	-0.27	0.09	0.16	-0.34	-0.1	0.19	-0.24	0.16	-0.14	-0.31	0.51	-0.14	0.11	-0.16	0.17	0.07	-0.14	-0.38	0.15	-0.53	-0.07	0.26	0.15	0.77	0.38

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Brooks Macdonald Account Relationship Matchups

Brooks Macdonald fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	172.8M	185.9M	189.1M	195.3M	193.0M	202.6M
Other Current Liab	22.2M	24.5M	20.3M	21.0M	23.0M	13.1M
Total Current Liabilities	28.5M	36.4M	27.8M	27.6M	32.6M	19.1M
Total Stockholder Equity	123.5M	134.0M	148.4M	157.3M	152.3M	160.0M
Property Plant And Equipment Net	10.2M	8.7M	7.2M	6.5M	4.6M	3.3M
Net Debt	(42.2M)	(48.0M)	(55.3M)	(48.2M)	(40.9M)	(38.9M)
Retained Earnings	39M	46.7M	59.2M	66.2M	62.7M	65.8M
Accounts Payable	4.6M	4.8M	4.7M	4.0M	3.7M	3.5M
Cash	50.2M	54.9M	61.3M	53.4M	44.7M	24.3M
Non Current Assets Total	96M	101.9M	96.6M	107.5M	118.3M	124.2M
Non Currrent Assets Other	549K	624K	784K	(2.2M)	905K	950.3K
Cash And Short Term Investments	50.7M	55.5M	62.1M	54.2M	45.6M	24.7M
Common Stock Shares Outstanding	14.9M	15.7M	16.2M	16.1M	16.4M	13.6M
Short Term Investments	549K	624K	784K	825K	905K	607.8K
Liabilities And Stockholders Equity	172.8M	185.9M	189.1M	195.3M	193.0M	202.6M
Non Current Liabilities Total	20.7M	15.5M	12.9M	10.3M	8.0M	6.1M
Other Current Assets	26.1M	28.5M	30.5M	33.5M	29.1M	30.5M
Other Stockholder Equity	78.0M	78.7M	79.1M	81.8M	89.5M	94.0M
Total Liab	49.3M	51.9M	40.7M	37.9M	40.6M	25.2M
Property Plant And Equipment Gross	10.2M	8.7M	7.2M	6.5M	16.6M	17.5M
Total Current Assets	76.8M	84.0M	92.6M	87.7M	74.7M	41.5M
Accumulated Other Comprehensive Income	6.2M	8.3M	9.8M	8.9M	6.2M	6.5M
Short Term Debt	1.3M	1.4M	2.0M	2.0M	2.2M	4.0M
Other Liab	14.1M	10.0M	8.9M	7.1M	8.2M	9.9M
Current Deferred Revenue	11.8M	2.0M	16.0M	1.6M	1.5M	1.4M
Other Assets	1.5M	2.7M	3.0M	2.3M	2.0M	2.8M
Property Plant Equipment	10.2M	8.7M	7.2M	6.5M	7.4M	7.8M
Net Receivables	2.2M	2.3M	5.4M	4.3M	3.4M	3.9M
Intangible Assets	43.1M	49.2M	45.2M	47.4M	41.7M	26.4M
Good Will	33.8M	29.0M	40.7M	53.2M	41.5M	34.4M
Net Tangible Assets	39.7M	44.1M	62.5M	56.8M	65.3M	36.2M
Non Current Liabilities Other	6.6M	851K	570K	783K	704.7K	669.5K
Capital Surpluse	38.4M	39.1M	78.0M	78.7M	90.5M	59.7M
Net Invested Capital	123.5M	134.0M	148.4M	157.3M	152.3M	134.3M

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Other Information on Investing in Brooks Stock

Balance Sheet is a snapshot of the financial position of Brooks Macdonald at a specified time, usually calculated after every quarter, six months, or one year. Brooks Macdonald Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brooks Macdonald 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 Brooks currently owns. An asset can also be divided into two categories, current and non-current.

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Brooks Operating Income vs Tax Provision Analysis

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Operating Income

Tax Provision

Brooks Macdonald fundamental ratios Correlations

Brooks Macdonald Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Brooks Macdonald fundamental ratios Accounts

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Other Information on Investing in Brooks Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Total Assets
Other Stockholder Equity	+ 0.98	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Total Current Assets	- 0.95	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Net Debt	- 0.93	Total Assets
Common Stock Shares Outstanding	- 0.92	Net Debt