AllianceBernstein Operating Income vs Income Tax Expense Analysis

AB Stock  USD 36.67  0.88  2.46%   
AllianceBernstein financial indicator trend analysis is way more than just evaluating AllianceBernstein prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AllianceBernstein is a good investment. Please check the relationship between AllianceBernstein Operating Income and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AllianceBernstein Holding LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Operating Income vs Income Tax Expense

Operating Income vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AllianceBernstein Operating Income account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AllianceBernstein's Operating Income and Income Tax Expense is -0.19. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of AllianceBernstein Holding LP, assuming nothing else is changed. The correlation between historical values of AllianceBernstein's Operating 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 Operating Income of AllianceBernstein Holding LP 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 Operating Income i.e., AllianceBernstein's Operating Income and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from AllianceBernstein 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 AllianceBernstein Holding LP 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.

Income Tax Expense

Most indicators from AllianceBernstein's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AllianceBernstein 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 AllianceBernstein Holding LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of November 28, 2024, Selling General Administrative is expected to decline to about 509.3 M. In addition to that, Tax Provision is expected to decline to about 31.1 M

AllianceBernstein fundamental ratios Correlations

-0.08-0.11-0.11-0.290.24-0.31-0.250.25-0.26-0.290.440.070.19-0.03-0.48-0.2-0.13-0.130.18-0.27-0.220.230.040.48-0.06
-0.08-0.051.00.06-0.140.090.28-0.350.070.6-0.91-0.18-0.04-0.20.850.0-0.08-0.110.140.590.66-0.5-0.43-0.85-0.36
-0.11-0.050.00.660.360.47-0.21-0.81-0.090.1-0.130.290.240.90.040.060.890.89-0.21-0.08-0.20.570.27-0.140.64
-0.111.00.00.12-0.160.150.31-0.390.10.63-0.93-0.15-0.04-0.160.860.04-0.03-0.050.090.60.66-0.49-0.39-0.88-0.31
-0.290.060.660.12-0.430.940.19-0.660.630.31-0.290.440.170.640.180.740.740.76-0.750.08-0.090.320.69-0.340.87
0.24-0.140.36-0.16-0.43-0.65-0.42-0.16-0.93-0.210.2-0.110.060.34-0.21-0.870.230.20.69-0.18-0.120.35-0.540.27-0.27
-0.310.090.470.150.94-0.650.23-0.50.810.29-0.290.350.140.410.230.880.510.53-0.830.11-0.050.140.73-0.360.78
-0.250.28-0.210.310.19-0.420.230.260.510.49-0.32-0.46-0.2-0.360.190.26-0.24-0.23-0.350.360.32-0.45-0.09-0.330.02
0.25-0.35-0.81-0.39-0.66-0.16-0.50.260.05-0.30.55-0.49-0.24-0.78-0.47-0.17-0.84-0.820.11-0.14-0.05-0.37-0.20.54-0.43
-0.260.07-0.090.10.63-0.930.810.510.050.25-0.170.07-0.03-0.140.130.92-0.040.0-0.860.150.05-0.240.64-0.240.5
-0.290.60.10.630.31-0.210.290.49-0.30.25-0.66-0.17-0.670.060.560.160.180.17-0.210.940.88-0.35-0.17-0.660.0
0.44-0.91-0.13-0.93-0.290.2-0.29-0.320.55-0.17-0.660.050.040.03-0.94-0.15-0.13-0.10.02-0.59-0.610.450.290.970.18
0.07-0.180.29-0.150.44-0.110.35-0.46-0.490.07-0.170.050.340.48-0.110.430.530.54-0.3-0.3-0.370.390.650.040.48
0.19-0.040.24-0.040.170.060.14-0.2-0.24-0.03-0.670.040.340.16-0.060.120.140.14-0.01-0.8-0.770.250.240.050.19
-0.03-0.20.9-0.160.640.340.41-0.36-0.78-0.140.060.030.480.16-0.120.090.970.96-0.16-0.11-0.240.780.40.030.7
-0.480.850.040.860.18-0.210.230.19-0.470.130.56-0.94-0.11-0.06-0.120.080.030.00.110.590.6-0.49-0.37-0.97-0.31
-0.20.00.060.040.74-0.870.880.26-0.170.920.16-0.150.430.120.090.080.170.21-0.880.02-0.1-0.040.83-0.210.64
-0.13-0.080.89-0.030.740.230.51-0.24-0.84-0.040.18-0.130.530.140.970.030.171.0-0.24-0.01-0.150.680.39-0.130.72
-0.13-0.110.89-0.050.760.20.53-0.23-0.820.00.17-0.10.540.140.960.00.211.0-0.28-0.02-0.170.690.43-0.110.76
0.180.14-0.210.09-0.750.69-0.83-0.350.11-0.86-0.210.02-0.3-0.01-0.160.11-0.88-0.24-0.28-0.020.110.07-0.790.05-0.76
-0.270.59-0.080.60.08-0.180.110.36-0.140.150.94-0.59-0.3-0.8-0.110.590.02-0.01-0.02-0.020.97-0.42-0.33-0.61-0.22
-0.220.66-0.20.66-0.09-0.12-0.050.32-0.050.050.88-0.61-0.37-0.77-0.240.6-0.1-0.15-0.170.110.97-0.5-0.47-0.59-0.38
0.23-0.50.57-0.490.320.350.14-0.45-0.37-0.24-0.350.450.390.250.78-0.49-0.040.680.690.07-0.42-0.50.390.460.56
0.04-0.430.27-0.390.69-0.540.73-0.09-0.20.64-0.170.290.650.240.4-0.370.830.390.43-0.79-0.33-0.470.390.250.82
0.48-0.85-0.14-0.88-0.340.27-0.36-0.330.54-0.24-0.660.970.040.050.03-0.97-0.21-0.13-0.110.05-0.61-0.590.460.250.16
-0.06-0.360.64-0.310.87-0.270.780.02-0.430.50.00.180.480.190.7-0.310.640.720.76-0.76-0.22-0.380.560.820.16
Click cells to compare fundamentals

AllianceBernstein Account Relationship Matchups

AllianceBernstein fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding95.9M96.9M99.6M101.8M112.9M85.7M
Total Assets1.6B1.6B1.6B2.1B2.1B1.4B
Total Stockholder Equity1.6B1.6B1.6B2.1B2.1B1.3B
Net Debt(679.7M)(1.0B)(1.3K)(40.8M)(153.0M)(160.7M)
Cash679.7M1.0B1.3K40.8M153.0M145.4M
Non Current Assets Total1.6B1.6B1.6B990.7M168.9M160.5M
Non Currrent Assets Other(1.6B)(1.6B)(1.6B)(2.1B)(2.1B)(2.2B)
Cash And Short Term Investments1.8B2.8B1.3K41.7M153.0M145.4M
Liabilities And Stockholders Equity1.6B1.6B1.6B2.1B2.1B1.4B
Non Current Liabilities Total1.7M1.9M2.1M(17.8M)1.3M1.2M
Other Current Assets144.4M529.3M415.1M(394.77)(355.29)(337.53)
Other Stockholder Equity(68.1M)(54.1M)(43.3M)(88.6M)(72.2M)(68.6M)
Total Liab1.7M1.9M2.1M1.6M1.3M1.2M
Total Current Assets1.8B2.8B1.3K124.2M153.0M145.4M
Other Current Liab412.3M192.1M675.017.8M20.5M19.4M
Total Current Liabilities412.3M192.1M872.66(17.8M)(20.5M)(19.4M)
Common Stock Total Equity1.6B1.6B1.6B1.7B1.9B1.4B
Common Stock1.6B1.7B1.7B2.2B2.1B1.6B
Short Term Investments1.1B1.8B613.03947K852.3K809.7K
Accumulated Other Comprehensive Income(68.1M)(54.1M)(32.7M)(51.0M)(72.2M)(68.6M)
Intangible Assets55.4M44.5M41.53303M4.1M3.9M
Good Will3.1B3.1B3.1K671.2M159.8M151.8M
Other Liab1.7M1.9M2.1M1.6M1.9M1.3M
Net Tangible Assets1.6B1.6B1.6B2.1B2.4B1.8B
Long Term Investments1.6B1.6B1.6B2.1B2.1B1.8B
Non Current Liabilities Other1.7M1.9M2.1M1.6M1.9M1.0M
Capital Stock1.6B1.7B1.7B2.2B2.1B2.0B

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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AllianceBernstein Holding LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AllianceBernstein. If investors know AllianceBernstein will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AllianceBernstein listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.231
Dividend Share
3.27
Earnings Share
3.48
Revenue Per Share
1.178
Quarterly Revenue Growth
1.074
The market value of AllianceBernstein is measured differently than its book value, which is the value of AllianceBernstein that is recorded on the company's balance sheet. Investors also form their own opinion of AllianceBernstein's value that differs from its market value or its book value, called intrinsic value, which is AllianceBernstein's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AllianceBernstein's market value can be influenced by many factors that don't directly affect AllianceBernstein's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AllianceBernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllianceBernstein is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianceBernstein's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.