| BRN Stock | | | 0.32 0.02 6.67% |
Brainchip Holdings financial indicator trend analysis is way more than just evaluating Brainchip Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainchip Holdings is a good investment. Please check the relationship between Brainchip Holdings Income Before Tax and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainchip Holdings. 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.
Income Before Tax vs Reconciled Depreciation
Income Before Tax vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainchip Holdings Income Before Tax account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brainchip Holdings' Income Before Tax and Reconciled Depreciation is 0.76. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Brainchip Holdings, assuming nothing else is changed. The correlation between historical values of Brainchip Holdings' Income Before Tax and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Brainchip Holdings are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Before Tax i.e., Brainchip Holdings' Income Before Tax and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Brainchip Holdings income statement and is an important metric when analyzing Brainchip Holdings 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.
Reconciled Depreciation
Most indicators from Brainchip Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainchip Holdings 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 Brainchip Holdings. 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 gain to about 26.1
M in 2024.
Discontinued Operations is likely to gain to about 34.3
K in 2024
Brainchip Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Brainchip Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brainchip Holdings fundamental ratios Accounts
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Additional Tools for Brainchip Stock Analysis
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measure Brainchip Holdings' 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 Brainchip Holdings is operating at the current time. Most of Brainchip Holdings' value examination focuses on studying past and present price action to
predict the probability of Brainchip Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainchip Holdings' price. Additionally, you may evaluate how the addition of Brainchip Holdings to your portfolios can decrease your overall portfolio volatility.