Bel Tax Provision vs Net Income From Continuing Ops Analysis
BELFA Stock | USD 95.91 1.86 1.98% |
Bel Fuse financial indicator trend analysis is way more than just evaluating Bel Fuse A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bel Fuse A is a good investment. Please check the relationship between Bel Fuse Tax Provision 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 Bel Fuse A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Tax Provision vs Net Income From Continuing Ops
Tax Provision 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 Bel Fuse A Tax Provision account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bel Fuse's Tax Provision and Net Income From Continuing Ops is 0.58. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Bel Fuse A, assuming nothing else is changed. The correlation between historical values of Bel Fuse's Tax Provision 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 Tax Provision of Bel Fuse A 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 Tax Provision i.e., Bel Fuse's Tax Provision and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Net Income From Continuing Ops
Most indicators from Bel Fuse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bel Fuse A 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 Bel Fuse A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. The current year's Selling General Administrative is expected to grow to about 104 M. The current year's Tax Provision is expected to grow to about 12 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 134.4M | 183.5M | 215.8M | 226.6M | Total Revenue | 543.5M | 654.2M | 639.8M | 671.8M |
Bel Fuse fundamental ratios Correlations
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Bel Fuse Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bel Fuse fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 470.7M | 453.9M | 511.8M | 560.5M | 571.6M | 600.2M | |
Short Long Term Debt Total | 162.8M | 130.2M | 134.0M | 116.6M | 82.6M | 78.5M | |
Other Current Liab | 33.2M | 35.7M | 36.6M | 56.6M | 60.3M | 63.3M | |
Total Current Liabilities | 90.5M | 87.5M | 112.0M | 136.3M | 110.6M | 116.1M | |
Total Stockholder Equity | 168.1M | 185.8M | 208.7M | 262.3M | 340.6M | 357.6M | |
Property Plant And Equipment Net | 60.4M | 48.7M | 59.5M | 58.4M | 57.0M | 39.7M | |
Net Debt | 89.7M | 45.3M | 72.3M | 46.3M | (6.8M) | (7.1M) | |
Retained Earnings | 157.1M | 166.5M | 187.9M | 237.2M | 307.5M | 322.9M | |
Cash | 73.2M | 84.9M | 61.8M | 70.3M | 89.4M | 55.2M | |
Non Current Assets Total | 187.2M | 173.7M | 182.8M | 179.1M | 190.2M | 199.7M | |
Non Currrent Assets Other | 32.4M | 35.2M | 35.7M | 28.6M | 35.3M | 37.0M | |
Cash And Short Term Investments | 73.2M | 84.9M | 61.8M | 70.3M | 126.9M | 133.3M | |
Net Receivables | 75.5M | 85.5M | 115.4M | 125.5M | 96.9M | 101.8M | |
Common Stock Shares Outstanding | 14.0M | 14.0M | 14.1M | 14.3M | 12.8M | 12.3M | |
Liabilities And Stockholders Equity | 470.7M | 453.9M | 511.8M | 560.5M | 571.6M | 600.2M | |
Non Current Liabilities Total | 212.2M | 180.5M | 191.1M | 161.8M | 120.5M | 126.5M | |
Inventory | 107.3M | 100.1M | 139.4M | 172.5M | 136.5M | 143.4M | |
Other Current Assets | 27.5M | 9.6M | 12.5M | 13.2M | 21.1M | 22.2M | |
Other Stockholder Equity | 33.8M | 36.1M | 38.4M | 40.4M | 43.8M | 25.4M | |
Total Liab | 302.6M | 268.1M | 303.1M | 298.1M | 231.1M | 242.6M | |
Property Plant And Equipment Gross | 60.4M | 48.7M | 59.5M | 36.8M | 136.2M | 143.0M | |
Total Current Assets | 283.4M | 280.2M | 329.0M | 381.4M | 381.5M | 400.6M | |
Accumulated Other Comprehensive Income | (24.1M) | (18.1M) | (18.9M) | (16.5M) | (12.0M) | (12.6M) | |
Short Term Debt | 12.9M | 12.1M | 7.2M | 6.3M | 6.8M | 6.6M | |
Intangible Assets | 72.4M | 65.8M | 61.0M | 54.1M | 49.4M | 28.3M | |
Accounts Payable | 44.4M | 39.8M | 66.0M | 64.6M | 40.4M | 23.7M | |
Common Stock Total Equity | 1.2M | 1.2M | 1.3M | 1.3M | 1.5M | 1.3M | |
Common Stock | 1.2M | 1.2M | 1.3M | 1.3M | 1.3M | 1.3M | |
Good Will | 22.0M | 24.0M | 26.7M | 25.1M | 26.6M | 31.8M | |
Other Liab | 60.2M | 62.2M | 63.9M | 49.5M | 56.9M | 43.2M | |
Net Tangible Assets | 168.1M | 185.8M | 121.1M | 262.3M | 301.7M | 175.7M | |
Other Assets | 30.9M | 49.4M | 35.7M | 35.9M | 1.0 | 0.95 | |
Long Term Debt | 138.2M | 110.3M | 112.5M | 95M | 60M | 90.1M | |
Retained Earnings Total Equity | 157.1M | 166.5M | 187.9M | 237.2M | 272.8M | 172.1M | |
Short Long Term Debt | 2.6M | 2.5M | 5.5M | 5.3M | 6.1M | 5.9M | |
Property Plant Equipment | 41.9M | 34.5M | 59.5M | 36.8M | 42.4M | 43.8M | |
Capital Surpluse | 33.8M | 36.1M | 38.4M | 40.8M | 46.9M | 33.1M | |
Non Current Liabilities Other | 11.8M | 69.2M | 63.9M | 51.1M | 24.9M | 36.9M |
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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.When determining whether Bel Fuse A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bel Fuse's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bel Fuse A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bel Fuse A Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bel Fuse A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Electronic Equipment, Instruments & Components 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 Bel Fuse. If investors know Bel 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 Bel Fuse 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 (0.58) | Dividend Share 0.24 | Earnings Share 4.12 | Revenue Per Share 41.429 | Quarterly Revenue Growth (0.22) |
The market value of Bel Fuse A is measured differently than its book value, which is the value of Bel that is recorded on the company's balance sheet. Investors also form their own opinion of Bel Fuse's value that differs from its market value or its book value, called intrinsic value, which is Bel Fuse'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 Bel Fuse's market value can be influenced by many factors that don't directly affect Bel Fuse'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 Bel Fuse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bel Fuse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bel Fuse'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.