Butn Other Operating Expenses vs Net Income Analysis

BTN Stock   0.07  0.00  0.00%   
Butn financial indicator trend analysis is way more than just evaluating Butn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butn is a good investment. Please check the relationship between Butn Other Operating Expenses and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Butn. 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Butn Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Butn's Other Operating Expenses and Net Income is -0.99. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Butn, assuming nothing else is changed. The correlation between historical values of Butn's Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Butn are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Butn's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Butn. It is also known as Butn overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Butn financial statement analysis. It represents the amount of money remaining after all of Butn operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Butn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butn 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 Butn. 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 7.5 M in 2024, whereas Tax Provision is likely to drop (602.70) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M6.7M8.1M4.3M
Depreciation And Amortization1.4M1.4M3.1M3.3M

Butn fundamental ratios Correlations

-0.140.54-0.360.12-0.04-0.29-0.71-0.29-0.15-0.110.0-0.29-0.1-0.14-0.040.16-0.02-0.67-0.61-0.78-0.740.060.150.020.1
-0.140.680.860.80.99-0.860.730.960.340.960.190.961.00.980.930.890.950.42-0.46-0.260.49-0.940.88-0.890.89
0.540.680.460.780.73-0.940.170.59-0.040.76-0.080.590.70.710.720.820.79-0.06-0.92-0.84-0.03-0.780.82-0.710.79
-0.360.860.460.870.8-0.730.790.80.040.81-0.120.80.810.90.910.790.860.59-0.290.040.63-0.910.83-0.940.86
0.120.80.780.870.78-0.930.490.67-0.150.79-0.250.670.770.870.920.90.890.3-0.65-0.380.31-0.940.94-0.970.95
-0.040.990.730.80.78-0.870.640.920.360.940.230.921.00.960.920.910.940.31-0.49-0.320.38-0.910.9-0.870.89
-0.29-0.86-0.94-0.73-0.93-0.87-0.42-0.750.0-0.880.09-0.75-0.86-0.89-0.9-0.94-0.94-0.160.80.62-0.20.94-0.950.9-0.94
-0.710.730.170.790.490.64-0.420.830.190.75-0.020.830.690.730.640.440.640.87-0.010.180.93-0.70.44-0.590.48
-0.290.960.590.80.670.92-0.750.830.440.970.271.00.960.90.820.730.850.58-0.4-0.220.65-0.880.72-0.770.74
-0.150.34-0.040.04-0.150.360.00.190.440.260.980.440.380.130.040.010.040.130.060.080.14-0.050.0-0.030.01
-0.110.960.760.810.790.94-0.880.750.970.260.10.970.960.940.880.830.930.49-0.6-0.410.56-0.950.82-0.840.83
0.00.19-0.08-0.12-0.250.230.09-0.020.270.980.10.270.24-0.03-0.09-0.09-0.1-0.040.070.04-0.040.1-0.090.09-0.09
-0.290.960.590.80.670.92-0.750.831.00.440.970.270.960.90.820.730.850.58-0.4-0.220.65-0.880.72-0.770.74
-0.11.00.70.810.771.0-0.860.690.960.380.960.240.960.960.910.880.930.38-0.47-0.30.45-0.910.87-0.860.87
-0.140.980.710.90.870.96-0.890.730.90.130.94-0.030.90.960.980.930.980.43-0.46-0.260.5-0.970.92-0.930.93
-0.040.930.720.910.920.92-0.90.640.820.040.88-0.090.820.910.980.950.960.39-0.47-0.280.43-0.960.95-0.960.95
0.160.890.820.790.90.91-0.940.440.730.010.83-0.090.730.880.930.950.970.09-0.58-0.40.16-0.910.99-0.910.98
-0.020.950.790.860.890.94-0.940.640.850.040.93-0.10.850.930.980.960.970.3-0.56-0.360.38-0.970.96-0.930.96
-0.670.42-0.060.590.30.31-0.160.870.580.130.49-0.040.580.380.430.390.090.30.110.220.98-0.450.12-0.370.16
-0.61-0.46-0.92-0.29-0.65-0.490.8-0.01-0.40.06-0.60.07-0.4-0.47-0.46-0.47-0.58-0.560.110.870.110.61-0.610.55-0.6
-0.78-0.26-0.840.04-0.38-0.320.620.18-0.220.08-0.410.04-0.22-0.3-0.26-0.28-0.4-0.360.220.870.240.36-0.380.25-0.33
-0.740.49-0.030.630.310.38-0.20.930.650.140.56-0.040.650.450.50.430.160.380.980.110.24-0.490.17-0.390.21
0.06-0.94-0.78-0.91-0.94-0.910.94-0.7-0.88-0.05-0.950.1-0.88-0.91-0.97-0.96-0.91-0.97-0.450.610.36-0.49-0.930.96-0.94
0.150.880.820.830.940.9-0.950.440.720.00.82-0.090.720.870.920.950.990.960.12-0.61-0.380.17-0.93-0.951.0
0.02-0.89-0.71-0.94-0.97-0.870.9-0.59-0.77-0.03-0.840.09-0.77-0.86-0.93-0.96-0.91-0.93-0.370.550.25-0.390.96-0.95-0.97
0.10.890.790.860.950.89-0.940.480.740.010.83-0.090.740.870.930.950.980.960.16-0.6-0.330.21-0.941.0-0.97
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Butn Account Relationship Matchups

Butn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.4M53.3M77.8M99.0M91.3M66.9M
Total Current Liabilities252.4K10.8M3.3M24.9M71.9M75.5M
Total Stockholder Equity(907.0K)3.6M18.0M15.6M8.1M8.2M
Net Tangible Assets(4.1M)(1.5M)13.1M11.9M13.7M14.4M
Net Debt31.9M31.2M40.6M64.8M66.4M43.1M
Retained Earnings(358.9K)(5.6M)(14.3M)(20.8M)(33.1M)(31.5M)
Accounts Payable55.8K709.4K798.1K479.3K170.6K162.1K
Cash9.9M15.5M15.8M14.7M13.4M12.7M
Non Current Assets Total33.5M7.1M6.6M5.1M2.4M2.3M
Other Assets30.3M2.0M1.7M1.4M1.2M1.2M
Long Term Debt41.8M38.8M56.3M58.4M11.2M10.6M
Cash And Short Term Investments9.9M15.5M15.8M14.7M13.4M12.7M
Net Receivables29.0M29.8M55.2M79.1M75.3M49.2M
Long Term Debt Total41.8M38.8M56.3M58.4M67.1M43.0M
Liabilities And Stockholders Equity43.4M53.3M77.8M99.0M91.3M66.9M
Other Current Assets87.2K855.0K233.4K49.7K155.4K253.1K
Total Liab44.3M49.7M59.8M83.3M83.2M58.7M
Total Current Assets9.9M46.2M71.2M93.9M88.8M56.8M
Short Term Debt909.3K7.9M5.6K21.1M68.5M72.0M
Intangible Assets3.2M5.7M5.1M3.7M1.1M1.0M

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