BECE Total Operating Expenses vs Net Income 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 Total Operating Expenses and its Net Income 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.

Total Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BECE Legend Group Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between BECE Legend's Total Operating Expenses and Net Income is 0.36. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income 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 Total 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 Total Operating Expenses of BECE Legend Group 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 Total Operating Expenses i.e., BECE Legend's Total Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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.
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
Click cells to compare fundamentals

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)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.