Boai Tax Provision vs Operating Income Analysis

300109 Stock   17.75  2.96  20.01%   
Boai NKY financial indicator trend analysis is way more than just evaluating Boai NKY Pharmaceuticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boai NKY Pharmaceuticals is a good investment. Please check the relationship between Boai NKY Tax Provision and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boai NKY Pharmaceuticals. 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.

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boai NKY Pharmaceuticals Tax Provision account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Boai NKY's Tax Provision and Operating Income is 0.82. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Operating Income in the same time period over historical financial statements of Boai NKY Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Boai NKY's Tax Provision and Operating 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 Tax Provision of Boai NKY Pharmaceuticals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Tax Provision i.e., Boai NKY's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Operating Income

Operating Income is the amount of profit realized from Boai NKY Pharmaceuticals 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 Boai NKY Pharmaceuticals 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.
Most indicators from Boai NKY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boai NKY Pharmaceuticals 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 Boai NKY Pharmaceuticals. 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.
As of December 4, 2024, Selling General Administrative is expected to decline to about 21.8 M. In addition to that, Tax Provision is expected to decline to about 60.6 M
 2021 2022 2023 2024 (projected)
Interest Expense37.7M2.6M2.1M2.0M
Depreciation And Amortization181.0M151.3M74.2M44.7M

Boai NKY fundamental ratios Correlations

0.480.270.740.980.830.66-0.040.880.820.620.970.720.610.60.920.870.920.660.310.770.840.280.920.910.9
0.480.310.910.320.07-0.010.730.080.020.10.56-0.2-0.160.080.550.380.18-0.110.520.90.30.810.170.470.17
0.270.310.490.190.13-0.250.140.170.230.170.280.230.180.140.350.380.210.140.370.480.270.270.290.370.26
0.740.910.490.60.380.230.470.420.380.370.760.180.120.350.770.640.50.180.511.00.590.660.50.720.49
0.980.320.190.60.880.71-0.190.930.870.630.940.80.690.620.870.870.950.730.230.640.840.150.960.880.94
0.830.070.130.380.880.62-0.240.980.950.420.820.870.880.410.60.690.970.91-0.210.410.6-0.090.90.670.97
0.66-0.01-0.250.230.710.62-0.540.720.630.770.520.670.370.790.570.520.680.490.090.280.76-0.180.660.560.63
-0.040.730.140.47-0.19-0.24-0.54-0.33-0.36-0.610.15-0.58-0.24-0.630.0-0.18-0.24-0.280.060.44-0.380.65-0.33-0.09-0.25
0.880.080.170.420.930.980.72-0.330.970.560.830.920.860.550.690.740.990.88-0.090.450.72-0.120.940.720.97
0.820.020.230.380.870.950.63-0.360.970.530.770.930.850.530.640.720.960.85-0.110.40.69-0.210.920.670.95
0.620.10.170.370.630.420.77-0.610.560.530.420.60.151.00.640.690.540.260.520.40.91-0.010.670.680.55
0.970.560.280.760.940.820.520.150.830.770.420.620.640.410.870.810.880.670.230.790.710.370.860.850.87
0.72-0.20.230.180.80.870.67-0.580.920.930.60.620.860.60.580.650.890.81-0.090.220.69-0.40.860.60.88
0.61-0.160.180.120.690.880.37-0.240.860.850.150.640.860.140.410.470.840.88-0.380.150.35-0.320.720.420.82
0.60.080.140.350.620.410.79-0.630.550.531.00.410.60.140.630.680.540.250.510.380.91-0.040.660.670.54
0.920.550.350.770.870.60.570.00.690.640.640.870.580.410.630.880.740.410.570.810.890.310.780.950.72
0.870.380.380.640.870.690.52-0.180.740.720.690.810.650.470.680.880.780.540.470.670.880.260.870.970.82
0.920.180.210.50.950.970.68-0.240.990.960.540.880.890.840.540.740.780.84-0.030.530.74-0.050.940.770.99
0.66-0.110.140.180.730.910.49-0.280.880.850.260.670.810.880.250.410.540.84-0.360.20.41-0.150.780.480.85
0.310.520.370.510.23-0.210.090.06-0.09-0.110.520.23-0.09-0.380.510.570.47-0.03-0.360.530.540.510.180.520.0
0.770.90.481.00.640.410.280.440.450.40.40.790.220.150.380.810.670.530.20.530.630.640.530.760.52
0.840.30.270.590.840.60.76-0.380.720.690.910.710.690.350.910.890.880.740.410.540.630.120.820.90.73
0.280.810.270.660.15-0.09-0.180.65-0.12-0.21-0.010.37-0.4-0.32-0.040.310.26-0.05-0.150.510.640.120.080.340.0
0.920.170.290.50.960.90.66-0.330.940.920.670.860.860.720.660.780.870.940.780.180.530.820.080.840.95
0.910.470.370.720.880.670.56-0.090.720.670.680.850.60.420.670.950.970.770.480.520.760.90.340.840.8
0.90.170.260.490.940.970.63-0.250.970.950.550.870.880.820.540.720.820.990.850.00.520.730.00.950.8
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Boai NKY Account Relationship Matchups

Boai NKY fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.1B4.0B3.7B4.0B4.2B
Short Long Term Debt Total937.8M767.2M99.0M72.6M60.4M57.4M
Other Current Liab13.0M90.9M1.6M238.6M2.2M2.1M
Total Current Liabilities976.7M1.0B501.6M502.0M426.9M356.3M
Total Stockholder Equity3.0B3.1B3.4B3.1B3.5B3.7B
Property Plant And Equipment Net569.6M611.0M731.2M844.8M1.3B1.4B
Current Deferred Revenue106.5M19.0M267.0M29.3M136.9M143.7M
Net Debt652.6M535.6M(1.1B)(472.3M)(230.4M)(218.8M)
Retained Earnings412.3M446.1M724.0M732.3M1.0B1.1B
Accounts Payable46.9M156.4M188.3M211.2M260.1M273.1M
Cash285.2M231.6M1.2B544.9M290.8M259.9M
Non Current Assets Total3.1B3.1B1.8B2.3B2.8B3.0B
Non Currrent Assets Other52.1M115.1M640.2M832.1M723.7M759.8M
Other Assets1.0148.6M102.8M883.3M1.0B1.1B
Cash And Short Term Investments285.2M276.7M1.4B576.9M325.0M280.2M
Net Receivables649.2M611.5M573.7M565.9M475.1M239.4M
Common Stock Shares Outstanding272.9M323.1M333.9M342.9M324.4M217.8M
Liabilities And Stockholders Equity4.2B4.1B4.0B3.7B4.0B4.2B
Inventory183.8M185.8M230.4M247.0M309.8M325.3M
Other Current Assets12.2M17.0M22.1M43.5M77.2M81.0M
Total Liab1.1B1.1B589.8M596.3M499.7M395.5M
Total Current Assets1.1B1.1B2.2B1.4B1.2B661.0M
Short Term Debt810.4M734.9M44.8M22.9M27.8M26.4M
Intangible Assets79.6M126.0M145.7M149.3M148.1M155.5M
Property Plant Equipment569.6M611.0M731.2M844.8M971.5M1.0B
Other Liab31.9M32.4M33.9M44.5M51.2M53.8M
Non Current Liabilities Total167.4M68.0M88.1M94.3M72.7M44.4M
Short Term Investments(68.4M)45.0M201.7M32.0M34.2M30.1M
Good Will442.1M2.2B2.1B341.7M392.9M373.3M
Net Tangible Assets820.3M846.2M3.0B2.7B3.1B3.2B
Long Term Debt135.8M32.3M54.2M48.9M32.6M45.7M
Deferred Long Term Liab17.8M19.9M39.3M41.2M47.4M49.8M
Net Invested Capital4.0B3.8B3.5B3.2B3.6B3.4B
Short Long Term Debt801.1M655.0M39.4M16.7M15.0M14.2M
Net Working Capital153.6M89.6M1.7B931.3M760.1M519.0M

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Other Information on Investing in Boai Stock

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