Brambles Net Income From Continuing Ops vs Income Before Tax Analysis

BXB Stock   19.07  0.32  1.65%   
Brambles financial indicator trend analysis is way more than just evaluating Brambles prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brambles is a good investment. Please check the relationship between Brambles Net Income From Continuing Ops and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brambles. 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.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brambles Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brambles' Net Income From Continuing Ops and Income Before Tax is 0.18. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Brambles, assuming nothing else is changed. The correlation between historical values of Brambles' Net Income From Continuing Ops 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 Net Income From Continuing Ops of Brambles 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 Net Income From Continuing Ops i.e., Brambles' Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Brambles income statement and is an important metric when analyzing Brambles 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 Brambles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brambles 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 Brambles. 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 904.2 M in 2024. Discontinued Operations is likely to drop to about 48.1 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense77.5M102.3M109.6M86.4M
Depreciation And Amortization691.9M730.1M802M425.5M

Brambles fundamental ratios Correlations

0.860.360.760.910.750.10.850.70.9-0.030.99-0.3-0.13-0.050.830.110.730.570.950.830.22-0.110.980.610.63
0.86-0.060.530.810.530.340.840.470.64-0.130.84-0.20.07-0.130.820.420.850.810.850.660.08-0.130.830.480.54
0.36-0.060.530.410.54-0.540.070.570.530.340.31-0.03-0.190.330.2-0.40.04-0.040.230.190.26-0.130.320.380.47
0.760.530.530.60.93-0.050.630.90.87-0.120.76-0.09-0.15-0.130.67-0.250.480.330.650.750.15-0.130.790.840.41
0.910.810.410.60.610.020.670.60.750.210.85-0.18-0.010.20.750.190.820.710.790.610.24-0.030.820.520.81
0.750.530.540.930.61-0.060.640.970.87-0.120.760.0-0.24-0.140.63-0.260.490.350.710.750.11-0.060.770.910.37
0.10.34-0.54-0.050.02-0.060.47-0.20.07-0.590.180.21-0.28-0.590.440.76-0.010.250.220.120.250.390.13-0.23-0.31
0.850.840.070.630.670.640.470.480.8-0.510.91-0.07-0.24-0.530.930.420.50.460.90.710.180.00.880.420.19
0.70.470.570.90.60.97-0.20.480.80.080.68-0.05-0.170.060.49-0.40.530.350.630.740.1-0.110.70.950.48
0.90.640.530.870.750.870.070.80.8-0.20.92-0.15-0.35-0.220.8-0.050.490.310.850.810.20.010.910.680.4
-0.03-0.130.34-0.120.21-0.12-0.59-0.510.08-0.2-0.19-0.390.241.0-0.43-0.360.210.2-0.16-0.110.08-0.22-0.140.020.71
0.990.840.310.760.850.760.180.910.680.92-0.19-0.26-0.19-0.210.870.130.660.50.960.850.2-0.070.990.60.49
-0.3-0.2-0.03-0.09-0.180.00.21-0.07-0.05-0.15-0.39-0.260.22-0.370.020.18-0.14-0.03-0.32-0.40.060.29-0.340.0-0.37
-0.130.07-0.19-0.15-0.01-0.24-0.28-0.24-0.17-0.350.24-0.190.220.24-0.17-0.090.340.33-0.24-0.240.03-0.3-0.180.010.21
-0.05-0.130.33-0.130.2-0.14-0.59-0.530.06-0.221.0-0.21-0.370.24-0.43-0.350.220.2-0.19-0.140.04-0.24-0.160.010.71
0.830.820.20.670.750.630.440.930.490.8-0.430.870.02-0.17-0.430.460.580.580.80.590.220.030.820.440.31
0.110.42-0.4-0.250.19-0.260.760.42-0.4-0.05-0.360.130.18-0.09-0.350.460.10.420.21-0.180.080.270.07-0.44-0.07
0.730.850.040.480.820.49-0.010.50.530.490.210.66-0.140.340.220.580.10.860.620.560.02-0.230.650.620.73
0.570.81-0.040.330.710.350.250.460.350.310.20.5-0.030.330.20.580.420.860.520.310.19-0.10.480.40.67
0.950.850.230.650.790.710.220.90.630.85-0.160.96-0.32-0.24-0.190.80.210.620.520.830.18-0.080.960.520.46
0.830.660.190.750.610.750.120.710.740.81-0.110.85-0.4-0.24-0.140.59-0.180.560.310.830.1-0.220.880.680.37
0.220.080.260.150.240.110.250.180.10.20.080.20.060.030.040.220.080.020.190.180.10.10.2-0.050.22
-0.11-0.13-0.13-0.13-0.03-0.060.390.0-0.110.01-0.22-0.070.29-0.3-0.240.030.27-0.23-0.1-0.08-0.220.1-0.14-0.16-0.26
0.980.830.320.790.820.770.130.880.70.91-0.140.99-0.34-0.18-0.160.820.070.650.480.960.880.2-0.140.610.51
0.610.480.380.840.520.91-0.230.420.950.680.020.60.00.010.010.44-0.440.620.40.520.68-0.05-0.160.610.4
0.630.540.470.410.810.37-0.310.190.480.40.710.49-0.370.210.710.31-0.070.730.670.460.370.22-0.260.510.4
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Brambles Account Relationship Matchups

Brambles fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B8.0B8.5B9.3B8.7B4.9B
Short Long Term Debt Total2.5B2.5B2.9B2.9B2.6B1.8B
Other Current Liab882.3M1.2B1.0B1.1B1.5B1.6B
Total Current Liabilities1.5B2.0B2.2B3.0B2.3B2.4B
Total Stockholder Equity2.8B2.7B2.5B2.9B3.2B1.8B
Property Plant And Equipment Net5.0B5.5B6.1B6.7B6.8B7.1B
Current Deferred Revenue424.8M460.3M476.7M578.1M664.8M772.3M
Net Debt1.8B2.1B2.7B2.7B2.5B1.5B
Retained Earnings4.8B5.0B5.3B5.7B6.1B6.4B
Accounts Payable438.4M510.5M549.6M624.6M617.8M440.4M
Cash742.0M408.5M158.2M160.3M112.9M189.0M
Non Current Assets Total5.9B6.5B7.1B7.8B7.4B3.9B
Non Currrent Assets Other(193.7M)2.0(184.1M)(187.1M)187.4M196.8M
Cash And Short Term Investments811.0M408.5M158.2M160.3M112.9M199.9M
Net Receivables717.2M851.2M1.0B1.1B1.1B790.9M
Good Will193.7M156.0M184.1M187.1M185.8M176.5M
Common Stock Shares Outstanding1.6B1.5B1.4B1.4B1.4B1.4B
Liabilities And Stockholders Equity7.6B8.0B8.5B9.3B8.7B4.9B
Non Current Liabilities Total3.3B3.3B3.8B3.4B3.2B2.0B
Inventory67.9M79.5M94.5M83.7M77.7M51.4M
Other Current Assets170.1M103M59.9M52.3M100M69.6M
Total Liab4.9B5.3B6.0B6.4B5.5B3.1B
Property Plant And Equipment Gross7.3B8.0B8.7B9.4B9.8B10.3B
Total Current Assets1.7B1.5B1.3B1.4B1.4B1.0B
Accumulated Other Comprehensive Income(7.5B)(7.3B)(7.4B)(7.3B)(7.4B)(7.0B)
Short Term Debt149.1M179.9M193.7M670.7M156.6M156.4M
Common Stock5.5B4.9B4.5B4.5B4.6B4.1B
Short Term Investments69.0M18.0M20.0M78.7M70.8M41.1M
Intangible Assets261.3M271.2M243.5M240.7M49.5M47.0M
Other Liab451.9M524.7M561.8M648.1M745.3M782.6M
Long Term Debt1.8B1.7B2.1B1.6B1.7B1.9B
Property Plant Equipment5.0B5.5B6.1B6.7B7.7B5.0B
Net Tangible Assets2.5B2.4B2.2B2.6B3.0B2.2B
Short Long Term Debt52.9M32.4M53.7M562.1M28.9M27.5M
Long Term Debt Total2.4B2.3B2.7B2.2B2.0B1.9B

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