BCB Income Tax Expense vs Net Income From Continuing Ops Analysis
BCBP Stock | USD 13.19 0.22 1.70% |
BCB Bancorp financial indicator trend analysis is way more than just evaluating BCB Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BCB Bancorp is a good investment. Please check the relationship between BCB Bancorp Income Tax Expense and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCB Bancorp. 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. To learn how to invest in BCB Stock, please use our How to Invest in BCB Bancorp guide.
Income Tax Expense vs Net Income From Continuing Ops
Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCB Bancorp Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BCB Bancorp's Income Tax Expense and Net Income From Continuing Ops is 0.9. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of BCB Bancorp, assuming nothing else is changed. The correlation between historical values of BCB Bancorp's Income Tax Expense and Net Income From Continuing Ops 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 Tax Expense of BCB Bancorp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., BCB Bancorp's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Tax Expense
Net Income From Continuing Ops
Most indicators from BCB Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCB Bancorp 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 BCB Bancorp. 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. To learn how to invest in BCB Stock, please use our How to Invest in BCB Bancorp guide.At this time, BCB Bancorp's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/21/2024, Enterprise Value Multiple is likely to grow to 14.61, while Issuance Of Capital Stock is likely to drop slightly above 880.6 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 105.7M | 115.5M | 108.2M | 113.6M | Total Revenue | 105.7M | 115.5M | 108.2M | 113.6M |
BCB Bancorp fundamental ratios Correlations
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BCB Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BCB Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9B | 2.8B | 3.0B | 3.5B | 3.8B | 4.0B | |
Total Stockholder Equity | 239.5M | 249.2M | 274.0M | 291.3M | 314.1M | 329.8M | |
Net Debt | (255.1M) | (15.9M) | (290.6M) | 203.5M | 507.2M | 532.5M | |
Cash | 551.1M | 262.0M | 412.4M | 230.1M | 280.3M | 294.3M | |
Other Assets | 2.1B | 2.3B | 2.3B | 3.1B | 3.5B | 3.7B | |
Cash And Short Term Investments | 642.7M | 361.7M | 497.6M | 321.8M | 279.5M | 161.8M | |
Common Stock Shares Outstanding | 16.4M | 17.2M | 17.2M | 17.3M | 16.9M | 9.8M | |
Liabilities And Stockholders Equity | 2.9B | 2.8B | 3.0B | 3.5B | 3.8B | 4.0B | |
Other Stockholder Equity | (22.0M) | 165.4M | 162.8M | 161.6M | 160.6M | 168.6M | |
Total Liab | 296.0M | 246.1M | 121.7M | 3.3B | 3.5B | 3.7B | |
Total Current Assets | 651.0M | 374.6M | 506.7M | 335.3M | 279.5M | 252.0M | |
Non Current Assets Total | 132.8M | 153.2M | 140.5M | 138.8M | 3.6B | 3.7B | |
Non Currrent Assets Other | (11.2M) | (12.6M) | (13.0M) | (16.5M) | 3.4B | 3.6B | |
Property Plant And Equipment Net | 33.2M | 30.3M | 24.7M | 24.0M | 26.0M | 16.1M | |
Retained Earnings | 48.4M | 58.3M | 81.2M | 115.1M | 135.9M | 142.7M | |
Net Receivables | 8.3M | 12.9M | 9.2M | 13.5M | 16.1M | 16.9M | |
Property Plant And Equipment Gross | 33.2M | 30.3M | 42.1M | 24.0M | 45.5M | 47.8M | |
Common Stock | 190.3M | 192.3M | 193.9M | 196.2M | 198.9M | 208.9M | |
Short Long Term Debt Total | 296.0M | 246.1M | 121.7M | 433.6M | 523.8M | 549.9M | |
Total Current Liabilities | 13.4M | 15.2M | 12.8M | 30.3M | 2.7B | 2.8B | |
Other Liab | 9.9M | 10.3M | 10.4M | 9.7M | 11.2M | 6.8M | |
Accounts Payable | 2.4B | 2.3B | 2.6B | (1.7B) | (1.9B) | (1.8B) | |
Short Term Investments | 91.6M | 99.8M | 85.2M | 91.7M | 262.9M | 276.1M | |
Short Term Debt | 13.4M | 15.2M | 12.8M | 13.9M | 21.1M | 23.8M | |
Property Plant Equipment | 19.9M | 15.3M | 12.2M | 10.5M | 12.1M | 13.1M | |
Long Term Debt | 36.8M | 37.0M | 37.3M | 419.8M | 492.4M | 517.1M | |
Non Current Liabilities Total | 296.0M | 246.1M | 121.7M | 3.2B | 3.5B | 3.7B | |
Inventory | (561.0M) | (275.3M) | (421.6M) | (243.6M) | 525K | 551.3K | |
Treasury Stock | (22.0M) | (26.9M) | (31.1M) | (34.5M) | (31.1M) | (32.6M) | |
Accumulated Other Comprehensive Income | (2.2M) | (205K) | 1.1M | (6.5M) | (7.5M) | (7.1M) | |
Other Current Liab | 2.6B | (15.2M) | 2.6B | (13.9M) | (21.1M) | (20.0M) | |
Net Tangible Assets | 233.9M | 243.7M | 268.6M | 285.9M | 328.8M | 189.0M | |
Retained Earnings Total Equity | 48.4M | 58.3M | 81.2M | 115.1M | 132.4M | 139.0M | |
Long Term Debt Total | 36.8M | 37.0M | 37.3M | 37.5M | 33.8M | 32.1M | |
Capital Surpluse | 215.3M | 218.0M | 222.9M | 217.2M | 249.7M | 176.1M | |
Long Term Investments | 2.3B | 2.4B | 2.4B | 109.4M | 96.9M | 92.0M | |
Non Current Liabilities Other | 269.1M | 216.7M | 94.8M | 405.8M | 466.7M | 490.0M |
Pair Trading with BCB Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCB Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCB Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with BCB Stock
The ability to find closely correlated positions to BCB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCB Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCB Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCB Bancorp to buy it.
The correlation of BCB Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCB Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BCB Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for BCB Stock Analysis
When running BCB Bancorp's price analysis, check to measure BCB Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BCB Bancorp is operating at the current time. Most of BCB Bancorp's value examination focuses on studying past and present price action to predict the probability of BCB Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCB Bancorp's price. Additionally, you may evaluate how the addition of BCB Bancorp to your portfolios can decrease your overall portfolio volatility.