BECE Net Income vs Gross Profit Analysis

000803 Stock

6.13 0.56 10.05%

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

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BECE Legend Group Net Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between BECE Legend's Net Income and Gross Profit is 0.53. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of BECE Legend Group, assuming nothing else is changed. The correlation between historical values of BECE Legend's Net Income and Gross Profit 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 of BECE Legend Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., BECE Legend's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in BECE Legend Group financial statement analysis. It represents the amount of money remaining after all of BECE Legend Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of BECE Legend Group minus its cost of goods sold. It is profit before BECE Legend operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from BECE Legend's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BECE Legend Group 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 BECE Legend 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 board of governors.

The current year's Selling General Administrative is expected to grow to about 19.5 M. The current year's Tax Provision is expected to grow to about 29.1 M

	2021	2022	2023	2024 (projected)
Total Operating Expenses	695.5M	1.6B	1.9B	2.0B
Research Development	8.8M	15.7M	11.1M	11.7M

Total Operating Expenses Research Development

BECE Legend fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets
Total Assets		0.94	0.48	0.95	0.95	0.98	0.64	0.91	-0.06	0.81	0.85	1.0	0.65	0.78	0.8	-0.46	0.98	-0.23	0.92	0.9	0.99	0.88	0.9	0.99	0.96	0.74
Short Long Term Debt Total	0.94		0.28	0.88	0.84	0.96	0.65	0.99	0.03	0.66	0.75	0.95	0.69	0.69	0.63	-0.28	0.98	-0.19	0.95	0.74	0.95	0.76	0.99	0.95	0.97	0.84
Other Current Liab	0.48	0.28		0.61	0.38	0.39	-0.17	0.27	0.05	0.68	0.24	0.43	0.22	0.27	0.8	-0.04	0.37	0.11	0.2	0.4	0.5	0.65	0.22	0.44	0.26	0.37
Total Current Liabilities	0.95	0.88	0.61		0.82	0.91	0.61	0.86	-0.14	0.91	0.73	0.93	0.75	0.72	0.9	-0.3	0.89	-0.17	0.81	0.78	0.97	0.91	0.86	0.91	0.86	0.82
Total Stockholder Equity	0.95	0.84	0.38	0.82		0.92	0.6	0.78	-0.04	0.68	0.92	0.95	0.47	0.82	0.71	-0.64	0.93	-0.27	0.87	0.98	0.9	0.8	0.78	0.95	0.91	0.51
Property Plant And Equipment Net	0.98	0.96	0.39	0.91	0.92		0.67	0.94	-0.04	0.71	0.78	0.99	0.62	0.7	0.69	-0.46	0.99	-0.27	0.96	0.85	0.98	0.78	0.92	0.99	0.97	0.74
Current Deferred Revenue	0.64	0.65	-0.17	0.61	0.6	0.67		0.63	-0.37	0.46	0.58	0.67	0.59	0.5	0.34	-0.52	0.63	-0.39	0.69	0.59	0.64	0.4	0.67	0.6	0.69	0.48
Net Debt	0.91	0.99	0.27	0.86	0.78	0.94	0.63		0.06	0.62	0.66	0.92	0.68	0.61	0.59	-0.21	0.95	-0.15	0.94	0.67	0.93	0.72	0.98	0.92	0.94	0.86
Retained Earnings	-0.06	0.03	0.05	-0.14	-0.04	-0.04	-0.37	0.06		-0.27	-0.16	-0.08	-0.37	-0.15	-0.15	0.42	0.01	0.52	0.01	-0.19	-0.07	0.02	0.0	-0.01	-0.06	-0.11
Accounts Payable	0.81	0.66	0.68	0.91	0.68	0.71	0.46	0.62	-0.27		0.7	0.76	0.77	0.77	0.95	-0.2	0.69	-0.14	0.58	0.7	0.82	0.91	0.66	0.72	0.66	0.69
Cash	0.85	0.75	0.24	0.73	0.92	0.78	0.58	0.66	-0.16	0.7		0.84	0.56	0.95	0.69	-0.56	0.81	-0.34	0.75	0.92	0.8	0.79	0.73	0.82	0.82	0.47
Non Current Assets Total	1.0	0.95	0.43	0.93	0.95	0.99	0.67	0.92	-0.08	0.76	0.84		0.64	0.76	0.75	-0.49	0.99	-0.28	0.94	0.9	0.99	0.82	0.91	0.99	0.97	0.73
Non Currrent Assets Other	0.65	0.69	0.22	0.75	0.47	0.62	0.59	0.68	-0.37	0.77	0.56	0.64		0.67	0.64	0.03	0.61	-0.36	0.59	0.45	0.7	0.63	0.76	0.58	0.62	0.86
Cash And Short Term Investments	0.78	0.69	0.27	0.72	0.82	0.7	0.5	0.61	-0.15	0.77	0.95	0.76	0.67		0.72	-0.34	0.73	-0.33	0.67	0.82	0.75	0.81	0.69	0.73	0.74	0.5
Net Receivables	0.8	0.63	0.8	0.9	0.71	0.69	0.34	0.59	-0.15	0.95	0.69	0.75	0.64	0.72		-0.24	0.68	-0.11	0.54	0.73	0.81	0.93	0.61	0.73	0.62	0.64
Short Term Investments	-0.46	-0.28	-0.04	-0.3	-0.64	-0.46	-0.52	-0.21	0.42	-0.2	-0.56	-0.49	0.03	-0.34	-0.24		-0.43	0.37	-0.4	-0.73	-0.38	-0.22	-0.21	-0.47	-0.46	0.08
Non Current Liabilities Total	0.98	0.98	0.37	0.89	0.93	0.99	0.63	0.95	0.01	0.69	0.81	0.99	0.61	0.73	0.68	-0.43		-0.22	0.96	0.85	0.98	0.8	0.94	0.99	0.98	0.75
Inventory	-0.23	-0.19	0.11	-0.17	-0.27	-0.27	-0.39	-0.15	0.52	-0.14	-0.34	-0.28	-0.36	-0.33	-0.11	0.37	-0.22		-0.32	-0.34	-0.2	0.07	-0.16	-0.23	-0.23	-0.15
Other Current Assets	0.92	0.95	0.2	0.81	0.87	0.96	0.69	0.94	0.01	0.58	0.75	0.94	0.59	0.67	0.54	-0.4	0.96	-0.32		0.79	0.91	0.67	0.92	0.94	0.94	0.7
Other Stockholder Equity	0.9	0.74	0.4	0.78	0.98	0.85	0.59	0.67	-0.19	0.7	0.92	0.9	0.45	0.82	0.73	-0.73	0.85	-0.34	0.79		0.84	0.77	0.68	0.88	0.84	0.42
Total Liab	0.99	0.95	0.5	0.97	0.9	0.98	0.64	0.93	-0.07	0.82	0.8	0.99	0.7	0.75	0.81	-0.38	0.98	-0.2	0.91	0.84		0.87	0.93	0.98	0.95	0.81
Total Current Assets	0.88	0.76	0.65	0.91	0.8	0.78	0.4	0.72	0.02	0.91	0.79	0.82	0.63	0.81	0.93	-0.22	0.8	0.07	0.67	0.77	0.87		0.75	0.82	0.76	0.67
Short Term Debt	0.9	0.99	0.22	0.86	0.78	0.92	0.67	0.98	0.0	0.66	0.73	0.91	0.76	0.69	0.61	-0.21	0.94	-0.16	0.92	0.68	0.93	0.75		0.91	0.94	0.88
Intangible Assets	0.99	0.95	0.44	0.91	0.95	0.99	0.6	0.92	-0.01	0.72	0.82	0.99	0.58	0.73	0.73	-0.47	0.99	-0.23	0.94	0.88	0.98	0.82	0.91		0.97	0.72
Common Stock	0.96	0.97	0.26	0.86	0.91	0.97	0.69	0.94	-0.06	0.66	0.82	0.97	0.62	0.74	0.62	-0.46	0.98	-0.23	0.94	0.84	0.95	0.76	0.94	0.97		0.73
Other Assets	0.74	0.84	0.37	0.82	0.51	0.74	0.48	0.86	-0.11	0.69	0.47	0.73	0.86	0.5	0.64	0.08	0.75	-0.15	0.7	0.42	0.81	0.67	0.88	0.72	0.73

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BECE Legend Account Relationship Matchups

BECE Legend fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	384.1M	1.8B	2.8B	5.6B	5.4B	5.7B
Short Long Term Debt Total	171.2M	118.9M	397.3M	1.2B	1.9B	2.0B
Other Current Liab	1.9M	9.6M	17.7M	1.2B	1.8M	1.7M
Total Current Liabilities	432.0M	875.7M	750.4M	2.4B	1.9B	1.9B
Total Stockholder Equity	(91.8M)	598.4M	1.3B	1.4B	1.4B	1.5B
Property Plant And Equipment Net	24.8M	419.7M	353.6M	1.1B	1.3B	1.3B
Current Deferred Revenue	129.9M	557.7M	247.0M	102.1M	578.3M	607.3M
Net Debt	131.9M	33.0M	73.7M	1.0B	1.7B	1.8B
Retained Earnings	(265.8M)	(220.7M)	(140.2M)	(75.4M)	(72.1M)	(75.8M)
Accounts Payable	139.1M	239.5M	240.5M	505.9M	302.5M	317.6M
Cash	39.3M	86.0M	323.6M	196.1M	252.2M	264.8M
Non Current Assets Total	214.9M	1.5B	2.0B	4.3B	4.5B	4.8B
Non Currrent Assets Other	187.2M	160.5M	155.3M	227.9M	334.3M	351.1M
Cash And Short Term Investments	39.3M	86.0M	323.6M	196.1M	252.2M	264.8M
Net Receivables	110.3M	189.1M	367.1M	831.1M	347.8M	365.2M
Short Term Investments	(32.7M)	(135.8M)	(157.2M)	(69.8M)	(62.8M)	(59.6M)
Liabilities And Stockholders Equity	384.1M	1.8B	2.8B	5.6B	5.4B	5.7B
Non Current Liabilities Total	43.0M	298.4M	691.5M	1.7B	2.1B	2.2B
Inventory	15.2M	9.8M	42.9M	163.5M	49.3M	94.9M
Other Current Assets	4.3M	26.2M	33.9M	75.7M	141.6M	148.6M
Other Stockholder Equity	19.5M	628.0M	1.2B	1.1B	960.1M	1.0B
Total Liab	475.0M	1.2B	1.4B	4.1B	4.0B	4.2B
Total Current Assets	169.2M	311.1M	767.6M	1.3B	872.0M	915.6M
Short Term Debt	161.2M	68.9M	245.3M	566.4M	974.0M	1.0B
Intangible Assets	2.9M	396.3M	896.2M	2.2B	2.3B	2.4B
Other Assets	253.3M	187.2M	1.0	350.5M	403.1M	423.2M
Long Term Debt	13.5M	50M	143.8M	665.7M	945.1M	992.3M
Property Plant Equipment	24.8M	419.7M	353.6M	1.1B	1.2B	1.3B
Other Liab	33.0M	98.5M	108.7M	1.0B	1.2B	1.2B
Net Tangible Assets	(94.7M)	(160.6M)	30.6M	(1.4B)	(1.3B)	(1.2B)
Short Long Term Debt	151.2M	38.4M	118.0M	258.0M	512.9M	538.6M
Non Current Liabilities Other	29.2M	5.3M	5.9M	33.9M	143.4M	150.6M
Net Invested Capital	50.4M	686.8M	1.5B	2.3B	2.9B	3.0B
Net Working Capital	(283.8M)	(564.6M)	17.2M	(1.1B)	(984.6M)	(935.4M)

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Other Information on Investing in BECE Stock

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

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BECE Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

BECE Legend fundamental ratios Correlations

BECE Legend Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BECE Legend fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Other Stockholder Equity	- 0.73	Short Term Investments
Short Term Investments	- 0.64	Total Stockholder Equity
Short Term Investments	- 0.56	Cash
Short Term Investments	- 0.52	Current Deferred Revenue
Short Term Investments	- 0.49	Non Current Assets Total
Intangible Assets	- 0.47	Short Term Investments