Balfour Income Before Tax vs Research Development Analysis

BBY Stock   445.80  4.60  1.02%   
Balfour Beatty financial indicator trend analysis is way more than just evaluating Balfour Beatty plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Balfour Beatty plc is a good investment. Please check the relationship between Balfour Beatty Income Before Tax and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Balfour Beatty plc. 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 economic analysis.

Income Before Tax vs Research Development

Income Before Tax vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Balfour Beatty plc Income Before Tax account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Balfour Beatty's Income Before Tax and Research Development is -0.05. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Research Development in the same time period over historical financial statements of Balfour Beatty plc, assuming nothing else is changed. The correlation between historical values of Balfour Beatty's Income Before Tax and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Balfour Beatty plc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Before Tax i.e., Balfour Beatty's Income Before Tax and Research Development go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Balfour Beatty income statement and is an important metric when analyzing Balfour Beatty plc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Research Development

Most indicators from Balfour Beatty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Balfour Beatty plc 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 Balfour Beatty plc. 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 economic analysis.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is forecasted to decline to about 5.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense35M36M39M42.3M
Depreciation And Amortization109M111M114M83.3M

Balfour Beatty fundamental ratios Correlations

0.740.770.970.79-0.20.120.020.50.310.960.120.30.920.880.010.86-0.74-0.210.450.98-0.280.970.460.860.18
0.740.710.680.38-0.590.37-0.250.060.270.6-0.030.260.80.730.20.62-0.630.020.220.8-0.740.740.230.74-0.1
0.770.710.820.320.00.13-0.250.530.330.640.540.330.690.530.220.68-0.37-0.130.460.84-0.180.860.340.5-0.29
0.970.680.820.68-0.050.12-0.050.610.30.920.270.290.840.80.080.82-0.62-0.240.590.97-0.120.960.60.760.08
0.790.380.320.68-0.09-0.230.530.240.330.84-0.240.320.780.71-0.360.64-0.71-0.390.070.65-0.160.690.350.70.61
-0.2-0.590.0-0.05-0.09-0.440.120.290.03-0.070.460.03-0.34-0.54-0.230.010.48-0.110.27-0.220.91-0.080.29-0.58-0.02
0.120.370.130.12-0.23-0.44-0.730.21-0.730.090.08-0.73-0.030.20.860.110.130.410.480.23-0.310.040.110.24-0.56
0.02-0.25-0.25-0.050.530.12-0.73-0.150.50.09-0.290.50.20.11-0.75-0.16-0.31-0.75-0.59-0.140.07-0.04-0.010.080.67
0.50.060.530.610.240.290.21-0.15-0.120.490.7-0.120.270.380.330.39-0.13-0.220.60.530.380.510.380.32-0.22
0.310.270.330.30.330.03-0.730.5-0.120.230.041.00.470.28-0.730.25-0.46-0.39-0.30.27-0.150.410.020.230.37
0.960.60.640.920.84-0.070.090.090.490.230.020.220.860.83-0.040.89-0.66-0.230.480.91-0.120.890.470.810.33
0.12-0.030.540.27-0.240.460.08-0.290.70.040.020.04-0.03-0.080.240.120.24-0.10.450.220.380.260.2-0.14-0.68
0.30.260.330.290.320.03-0.730.5-0.121.00.220.040.470.27-0.740.25-0.46-0.39-0.30.27-0.150.40.020.220.37
0.920.80.690.840.78-0.34-0.030.20.270.470.86-0.030.470.89-0.20.76-0.88-0.340.160.89-0.50.880.240.880.29
0.880.730.530.80.71-0.540.20.110.380.280.83-0.080.270.890.00.66-0.85-0.290.240.86-0.510.770.220.990.27
0.010.20.220.08-0.36-0.230.86-0.750.33-0.73-0.040.24-0.74-0.20.0-0.050.330.380.480.13-0.08-0.010.160.03-0.63
0.860.620.680.820.640.010.11-0.160.390.250.890.120.250.760.66-0.05-0.520.110.520.85-0.110.870.320.650.19
-0.74-0.63-0.37-0.62-0.710.480.13-0.31-0.13-0.46-0.660.24-0.46-0.88-0.850.33-0.520.330.04-0.680.56-0.66-0.1-0.85-0.47
-0.210.02-0.13-0.24-0.39-0.110.41-0.75-0.22-0.39-0.23-0.1-0.39-0.34-0.290.380.110.330.23-0.13-0.05-0.14-0.21-0.26-0.28
0.450.220.460.590.070.270.48-0.590.6-0.30.480.45-0.30.160.240.480.520.040.230.530.330.460.640.23-0.36
0.980.80.840.970.65-0.220.23-0.140.530.270.910.220.270.890.860.130.85-0.68-0.130.53-0.30.970.450.830.03
-0.28-0.74-0.18-0.12-0.160.91-0.310.070.38-0.15-0.120.38-0.15-0.5-0.51-0.08-0.110.56-0.050.33-0.3-0.220.29-0.560.03
0.970.740.860.960.69-0.080.04-0.040.510.410.890.260.40.880.77-0.010.87-0.66-0.140.460.97-0.220.460.740.08
0.460.230.340.60.350.290.11-0.010.380.020.470.20.020.240.220.160.32-0.1-0.210.640.450.290.460.18-0.02
0.860.740.50.760.7-0.580.240.080.320.230.81-0.140.220.880.990.030.65-0.85-0.260.230.83-0.560.740.180.27
0.18-0.1-0.290.080.61-0.02-0.560.67-0.220.370.33-0.680.370.290.27-0.630.19-0.47-0.28-0.360.030.030.08-0.020.27
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Balfour Beatty Account Relationship Matchups

Balfour Beatty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B4.7B4.8B5.1B5.3B3.6B
Short Long Term Debt Total798M653M615M738M981M505.2M
Other Current Liab856M844M1.1B1.2B1.9B1.1B
Total Current Liabilities2.4B2.2B2.4B2.7B2.7B2.0B
Total Stockholder Equity1.4B1.3B1.4B1.4B1.2B724.4M
Property Plant And Equipment Net204M214M223M231M276M246.0M
Net Debt20M(139M)(418M)(441M)(433M)(411.4M)
Retained Earnings794M677M703M686M546M573.3M
Accounts Payable837M763M546M605M602M1.0B
Cash778M792M1.0B1.2B1.4B1.5B
Non Current Assets Total2.6B2.6B2.6B2.6B2.5B1.6B
Non Currrent Assets Other(579M)(596M)(496M)(614M)478M501.9M
Cash And Short Term Investments778M792M1.0B1.2B1.4B1.5B
Common Stock Shares Outstanding689M690M664M620M566M565.8M
Liabilities And Stockholders Equity4.8B4.7B4.8B5.1B5.3B3.6B
Non Current Liabilities Total1.1B1.1B1.1B1.0B1.3B737.0M
Other Stockholder Equity202M128M65M176M156M167.2M
Total Liab3.5B3.3B3.5B3.7B4.1B2.8B
Property Plant And Equipment Gross204M214M223M231M207.9M252.5M
Total Current Assets2.2B2.0B2.2B2.5B2.7B1.9B
Short Term Debt63M191M53M83M163M103.9M
Accumulated Other Comprehensive Income146M138M145M222M204M214.2M
Intangible Assets1.1B1.1B1.1B1.2B288M367.9M
Other Liab476M510M536M531M610.7M551.4M
Long Term Debt529M522M447M403M463.5M461.7M
Net Receivables1.3B1.0B971M1.0B1.0B1.1B
Good Will828M811M817M876M845M829.4M
Property Plant Equipment204M214M223M231M265.7M236.6M
Current Deferred Revenue469M524M669M663M(6M)(6.3M)
Other Assets585M580M719M751M863.7M906.8M
Net Tangible Assets222M213M256M210M241.5M253.6M
Short Long Term Debt63M39M6M203M182.7M158.6M

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Other Information on Investing in Balfour Stock

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