Braskem Tax Provision vs Operating Income Analysis

BAK Stock  USD 5.08  0.13  2.50%   
Braskem SA financial indicator trend analysis is way more than just evaluating Braskem SA Class prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Braskem SA Class is a good investment. Please check the relationship between Braskem SA Tax Provision and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Braskem SA Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

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 Braskem SA Class Tax Provision account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Braskem SA's Tax Provision and Operating Income is 0.52. 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 Braskem SA Class, assuming nothing else is changed. The correlation between historical values of Braskem SA'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 Braskem SA Class 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., Braskem SA's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

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 Braskem SA Class 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 Braskem SA Class 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 Braskem SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Braskem SA Class 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 Braskem SA Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Sales General And Administrative To Revenue is expected to rise to 0.04 this year, although the value of Selling General Administrative will most likely fall to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense5.9B4.9B4.8B5.0B
Depreciation And Amortization4.8B4.7B5.2B5.5B

Braskem SA fundamental ratios Correlations

0.940.910.74-0.060.970.97-0.350.840.920.820.890.920.410.530.720.980.930.81-0.180.990.820.980.130.55-0.03
0.940.840.76-0.230.940.98-0.420.680.880.770.780.90.310.470.680.920.840.74-0.390.950.80.920.330.490.08
0.910.840.69-0.140.810.87-0.210.640.840.740.960.850.320.280.470.920.930.94-0.140.920.640.950.080.3-0.06
0.740.760.69-0.230.780.79-0.230.480.630.90.550.620.420.70.310.660.640.54-0.30.750.40.690.60.70.35
-0.06-0.23-0.14-0.23-0.06-0.230.380.15-0.33-0.05-0.15-0.280.370.250.06-0.170.15-0.240.35-0.19-0.08-0.07-0.380.26-0.07
0.970.940.810.78-0.060.97-0.320.850.880.840.760.870.430.640.730.940.870.67-0.240.960.810.920.220.660.02
0.970.980.870.79-0.230.97-0.360.750.90.810.810.910.360.50.670.950.870.76-0.340.980.80.940.30.520.04
-0.35-0.42-0.21-0.230.38-0.32-0.36-0.22-0.52-0.15-0.37-0.550.08-0.15-0.55-0.37-0.12-0.350.09-0.39-0.52-0.36-0.28-0.16-0.11
0.840.680.640.480.150.850.75-0.220.740.710.680.70.520.60.730.840.750.55-0.070.810.740.78-0.230.62-0.13
0.920.880.840.63-0.330.880.9-0.520.740.680.880.990.070.330.730.950.790.79-0.140.940.850.920.150.36-0.2
0.820.770.740.9-0.050.840.81-0.150.710.680.660.640.550.780.40.780.740.62-0.180.810.480.760.220.780.19
0.890.780.960.55-0.150.760.81-0.370.680.880.660.880.240.220.550.920.870.970.00.890.70.94-0.080.23-0.16
0.920.90.850.62-0.280.870.91-0.550.70.990.640.880.050.30.780.940.820.79-0.160.940.90.930.170.32-0.21
0.410.310.320.420.370.430.360.080.520.070.550.240.050.630.080.330.40.29-0.170.350.050.35-0.060.630.57
0.530.470.280.70.250.640.5-0.150.60.330.780.220.30.630.410.420.390.14-0.010.480.310.40.291.00.37
0.720.680.470.310.060.730.67-0.550.730.730.40.550.780.080.410.710.610.42-0.040.70.960.690.020.44-0.24
0.980.920.920.66-0.170.940.95-0.370.840.950.780.920.940.330.420.710.90.86-0.180.990.830.980.030.44-0.11
0.930.840.930.640.150.870.87-0.120.750.790.740.870.820.40.390.610.90.8-0.150.90.740.950.010.4-0.13
0.810.740.940.54-0.240.670.76-0.350.550.790.620.970.790.290.140.420.860.8-0.040.830.590.88-0.040.15-0.05
-0.18-0.39-0.14-0.30.35-0.24-0.340.09-0.07-0.14-0.180.0-0.16-0.17-0.01-0.04-0.18-0.15-0.04-0.23-0.15-0.17-0.33-0.01-0.46
0.990.950.920.75-0.190.960.98-0.390.810.940.810.890.940.350.480.70.990.90.83-0.230.820.980.180.5-0.02
0.820.80.640.4-0.080.810.8-0.520.740.850.480.70.90.050.310.960.830.740.59-0.150.820.820.030.34-0.29
0.980.920.950.69-0.070.920.94-0.360.780.920.760.940.930.350.40.690.980.950.88-0.170.980.820.080.42-0.08
0.130.330.080.6-0.380.220.3-0.28-0.230.150.22-0.080.17-0.060.290.020.030.01-0.04-0.330.180.030.080.290.48
0.550.490.30.70.260.660.52-0.160.620.360.780.230.320.631.00.440.440.40.15-0.010.50.340.420.290.36
-0.030.08-0.060.35-0.070.020.04-0.11-0.13-0.20.19-0.16-0.210.570.37-0.24-0.11-0.13-0.05-0.46-0.02-0.29-0.080.480.36
Click cells to compare fundamentals

Braskem SA Account Relationship Matchups

Braskem SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.3B86.1B92.6B88.0B91.7B96.3B
Short Long Term Debt Total50.6B59.6B53.5B52.8B59.9B62.9B
Other Current Liab2.6B8.5B11.0B8.6B7.1B7.5B
Total Current Liabilities19.1B28.4B25.2B24.2B24.5B13.0B
Total Stockholder Equity6.5B(2.2B)7.9B7.3B4.0B5.0B
Property Plant And Equipment Net29.8B38.8B40.0B41.7B42.2B44.3B
Net Debt31.3B45.7B44.9B40.3B45.7B48.0B
Retained Earnings(217.6M)(4.5B)3.5B1.8B(2.7B)(2.6B)
Accounts Payable5.3B9.9B12.1B12.2B13.2B13.9B
Cash3.8B13.9B8.7B12.5B14.2B14.9B
Non Current Assets Total35.3B51.9B53.3B53.6B54.3B27.6B
Non Currrent Assets Other1.6B10.2B10.3B8.7B8.8B9.2B
Cash And Short Term Investments6.1B16.2B11.3B14.8B19.1B20.1B
Net Receivables4.6B4.7B7.2B3.2B2.9B3.0B
Common Stock Shares Outstanding398.0M398.0M398.6M398.6M796.7M836.5M
Liabilities And Stockholders Equity53.3B86.1B92.6B88.0B91.7B96.3B
Non Current Liabilities Total28.5B61.6B61.2B57.8B64.0B67.2B
Inventory6.8B8.4B16.3B14.0B12.5B13.2B
Other Current Assets288M4.9B4.9B2.6B3.0B3.2B
Other Stockholder Equity(5.5B)(506.5M)(38.2M)(28M)(488M)(463.6M)
Total Liab47.7B90.0B86.4B81.9B88.5B92.9B
Total Current Assets18.0B34.2B39.3B34.5B37.4B39.3B
Accumulated Other Comprehensive Income4.2B(5.7B)(3.6B)(2.5B)(825M)(866.3M)
Short Term Debt10.9B9.9B2.2B3.3B3.7B3.9B
Current Deferred Revenue353M287.4M205M11M12.7M12.0M
Other Liab3.5B5.8B10.9B9.1B10.5B11.0B
Long Term Debt37.7B45.0B49.6B44.8B53.2B55.9B
Short Term Investments2.3B53.9M106.3M2.3B5.0B5.2B
Property Plant Equipment34.9B38.8B40.0B41.7B48.0B50.4B
Intangible Assets668.6M769.8M818.4M3.0B935M996.4M
Net Tangible Assets4.0B2.1B(5.0B)5.0B4.5B4.7B
Long Term Investments73.6M58.7M76M149M165M112.3M
Short Long Term Debt1.6B9.0B1.5B2.3B2.8B2.6B

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When determining whether Braskem SA Class is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Braskem Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Braskem Sa Class Stock. Highlighted below are key reports to facilitate an investment decision about Braskem Sa Class Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Braskem SA Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Commodity Chemicals 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 Braskem SA. If investors know Braskem 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 Braskem SA 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
(0.95)
Earnings Share
(3.95)
Revenue Per Share
177.152
Quarterly Revenue Growth
0.275
Return On Assets
0.024
The market value of Braskem SA Class is measured differently than its book value, which is the value of Braskem that is recorded on the company's balance sheet. Investors also form their own opinion of Braskem SA's value that differs from its market value or its book value, called intrinsic value, which is Braskem SA'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 Braskem SA's market value can be influenced by many factors that don't directly affect Braskem SA'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 Braskem SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Braskem SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Braskem SA'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.