BECE Operating Income vs Selling General Administrative 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 Operating Income and its Selling General Administrative 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.

Operating Income vs Selling General Administrative

Operating Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BECE Legend Group Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BECE Legend's Operating Income and Selling General Administrative is 0.45. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative 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 Operating Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of BECE Legend Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., BECE Legend's Operating Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from BECE Legend Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of BECE Legend Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Selling General Administrative

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.