BECE Net Interest Income vs Income Tax Expense 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 Interest Income and its Income Tax Expense 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 Interest Income vs Income Tax Expense

Net Interest Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BECE Legend Group Net Interest Income account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BECE Legend's Net Interest Income and Income Tax Expense is -0.42. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Tax Expense 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 Interest Income and Income Tax Expense 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 Interest Income of BECE Legend Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Interest Income i.e., BECE Legend's Net Interest Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Tax Expense

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 Expenses695.5M1.6B1.9B2.0B
Research Development8.8M15.7M11.1M11.7M

BECE Legend fundamental ratios Correlations

0.940.480.950.950.980.640.91-0.060.810.851.00.650.780.8-0.460.98-0.230.920.90.990.880.90.990.960.74
0.940.280.880.840.960.650.990.030.660.750.950.690.690.63-0.280.98-0.190.950.740.950.760.990.950.970.84
0.480.280.610.380.39-0.170.270.050.680.240.430.220.270.8-0.040.370.110.20.40.50.650.220.440.260.37
0.950.880.610.820.910.610.86-0.140.910.730.930.750.720.9-0.30.89-0.170.810.780.970.910.860.910.860.82
0.950.840.380.820.920.60.78-0.040.680.920.950.470.820.71-0.640.93-0.270.870.980.90.80.780.950.910.51
0.980.960.390.910.920.670.94-0.040.710.780.990.620.70.69-0.460.99-0.270.960.850.980.780.920.990.970.74
0.640.65-0.170.610.60.670.63-0.370.460.580.670.590.50.34-0.520.63-0.390.690.590.640.40.670.60.690.48
0.910.990.270.860.780.940.630.060.620.660.920.680.610.59-0.210.95-0.150.940.670.930.720.980.920.940.86
-0.060.030.05-0.14-0.04-0.04-0.370.06-0.27-0.16-0.08-0.37-0.15-0.150.420.010.520.01-0.19-0.070.020.0-0.01-0.06-0.11
0.810.660.680.910.680.710.460.62-0.270.70.760.770.770.95-0.20.69-0.140.580.70.820.910.660.720.660.69
0.850.750.240.730.920.780.580.66-0.160.70.840.560.950.69-0.560.81-0.340.750.920.80.790.730.820.820.47
1.00.950.430.930.950.990.670.92-0.080.760.840.640.760.75-0.490.99-0.280.940.90.990.820.910.990.970.73
0.650.690.220.750.470.620.590.68-0.370.770.560.640.670.640.030.61-0.360.590.450.70.630.760.580.620.86
0.780.690.270.720.820.70.50.61-0.150.770.950.760.670.72-0.340.73-0.330.670.820.750.810.690.730.740.5
0.80.630.80.90.710.690.340.59-0.150.950.690.750.640.72-0.240.68-0.110.540.730.810.930.610.730.620.64
-0.46-0.28-0.04-0.3-0.64-0.46-0.52-0.210.42-0.2-0.56-0.490.03-0.34-0.24-0.430.37-0.4-0.73-0.38-0.22-0.21-0.47-0.460.08
0.980.980.370.890.930.990.630.950.010.690.810.990.610.730.68-0.43-0.220.960.850.980.80.940.990.980.75
-0.23-0.190.11-0.17-0.27-0.27-0.39-0.150.52-0.14-0.34-0.28-0.36-0.33-0.110.37-0.22-0.32-0.34-0.20.07-0.16-0.23-0.23-0.15
0.920.950.20.810.870.960.690.940.010.580.750.940.590.670.54-0.40.96-0.320.790.910.670.920.940.940.7
0.90.740.40.780.980.850.590.67-0.190.70.920.90.450.820.73-0.730.85-0.340.790.840.770.680.880.840.42
0.990.950.50.970.90.980.640.93-0.070.820.80.990.70.750.81-0.380.98-0.20.910.840.870.930.980.950.81
0.880.760.650.910.80.780.40.720.020.910.790.820.630.810.93-0.220.80.070.670.770.870.750.820.760.67
0.90.990.220.860.780.920.670.980.00.660.730.910.760.690.61-0.210.94-0.160.920.680.930.750.910.940.88
0.990.950.440.910.950.990.60.92-0.010.720.820.990.580.730.73-0.470.99-0.230.940.880.980.820.910.970.72
0.960.970.260.860.910.970.690.94-0.060.660.820.970.620.740.62-0.460.98-0.230.940.840.950.760.940.970.73
0.740.840.370.820.510.740.480.86-0.110.690.470.730.860.50.640.080.75-0.150.70.420.810.670.880.720.73
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BECE Legend Account Relationship Matchups

BECE Legend fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets384.1M1.8B2.8B5.6B5.4B5.7B
Short Long Term Debt Total171.2M118.9M397.3M1.2B1.9B2.0B
Other Current Liab1.9M9.6M17.7M1.2B1.8M1.7M
Total Current Liabilities432.0M875.7M750.4M2.4B1.9B1.9B
Total Stockholder Equity(91.8M)598.4M1.3B1.4B1.4B1.5B
Property Plant And Equipment Net24.8M419.7M353.6M1.1B1.3B1.3B
Current Deferred Revenue129.9M557.7M247.0M102.1M578.3M607.3M
Net Debt131.9M33.0M73.7M1.0B1.7B1.8B
Retained Earnings(265.8M)(220.7M)(140.2M)(75.4M)(72.1M)(75.8M)
Accounts Payable139.1M239.5M240.5M505.9M302.5M317.6M
Cash39.3M86.0M323.6M196.1M252.2M264.8M
Non Current Assets Total214.9M1.5B2.0B4.3B4.5B4.8B
Non Currrent Assets Other187.2M160.5M155.3M227.9M334.3M351.1M
Cash And Short Term Investments39.3M86.0M323.6M196.1M252.2M264.8M
Net Receivables110.3M189.1M367.1M831.1M347.8M365.2M
Short Term Investments(32.7M)(135.8M)(157.2M)(69.8M)(62.8M)(59.6M)
Liabilities And Stockholders Equity384.1M1.8B2.8B5.6B5.4B5.7B
Non Current Liabilities Total43.0M298.4M691.5M1.7B2.1B2.2B
Inventory15.2M9.8M42.9M163.5M49.3M94.9M
Other Current Assets4.3M26.2M33.9M75.7M141.6M148.6M
Other Stockholder Equity19.5M628.0M1.2B1.1B960.1M1.0B
Total Liab475.0M1.2B1.4B4.1B4.0B4.2B
Total Current Assets169.2M311.1M767.6M1.3B872.0M915.6M
Short Term Debt161.2M68.9M245.3M566.4M974.0M1.0B
Intangible Assets2.9M396.3M896.2M2.2B2.3B2.4B
Other Assets253.3M187.2M1.0350.5M403.1M423.2M
Long Term Debt13.5M50M143.8M665.7M945.1M992.3M
Property Plant Equipment24.8M419.7M353.6M1.1B1.2B1.3B
Other Liab33.0M98.5M108.7M1.0B1.2B1.2B
Net Tangible Assets(94.7M)(160.6M)30.6M(1.4B)(1.3B)(1.2B)
Short Long Term Debt151.2M38.4M118.0M258.0M512.9M538.6M
Non Current Liabilities Other29.2M5.3M5.9M33.9M143.4M150.6M
Net Invested Capital50.4M686.8M1.5B2.3B2.9B3.0B
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.