Braille Gross Profit vs Net Income From Continuing Ops Analysis

BES Stock

CAD 0.07 0.01 7.14%

Braille Energy financial indicator trend analysis is way more than just evaluating Braille Energy Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Braille Energy Systems is a good investment. Please check the relationship between Braille Energy Gross Profit 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 Braille Energy Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Net Income From Continuing Ops

Gross Profit 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 Braille Energy Systems Gross Profit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Braille Energy's Gross Profit and Net Income From Continuing Ops is -0.61. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Braille Energy Systems, assuming nothing else is changed. The correlation between historical values of Braille Energy's Gross Profit 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 Gross Profit of Braille Energy Systems 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 Gross Profit i.e., Braille Energy's Gross Profit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.61

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Braille Energy Systems minus its cost of goods sold. It is profit before Braille Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income From Continuing Ops

Most indicators from Braille Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Braille Energy Systems 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 Braille Energy Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Braille Energy's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 873.2 K in 2024, whereas Discontinued Operations is likely to drop (21.3 K) in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	144.6K	168.9K	194.2K	140.6K
Cost Of Revenue	2.7M	2.6M	3.0M	2.1M

Reconciled Depreciation Cost Of Revenue

Braille Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock Shares Outstanding	Net Receivables	Property Plant And Equipment Net	Non Current Assets Total	Other Current Liab	Net Tangible Assets	Accounts Payable	Inventory	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Other Liab	Capital Stock	Intangible Assets
Total Assets		0.4	0.84	-0.61	-0.62	0.74	0.77	0.73	0.11	0.55	0.89	0.67	0.49	-0.28	0.04	-0.68	0.78	0.32	0.48	0.81	0.51	0.83	0.92	-0.57	0.79	-0.12
Total Current Liabilities	0.4		-0.1	0.17	-0.91	0.03	0.06	0.78	0.01	0.96	0.55	0.88	0.73	-0.78	-0.58	-0.49	0.75	0.57	0.69	0.74	0.3	-0.07	0.22	-0.92	0.62	-0.51
Total Stockholder Equity	0.84	-0.1		-0.72	-0.2	0.78	0.79	0.44	0.2	0.04	0.72	0.29	0.06	0.25	0.28	-0.51	0.48	0.18	0.26	0.47	0.46	0.97	0.91	-0.16	0.56	-0.04
Net Debt	-0.61	0.17	-0.72		-0.05	-0.97	-0.96	-0.14	0.38	0.05	-0.57	0.03	0.18	-0.12	-0.11	0.07	-0.21	0.3	0.23	-0.22	-0.14	-0.74	-0.74	0.1	-0.21	-0.33
Retained Earnings	-0.62	-0.91	-0.2	-0.05		-0.18	-0.22	-0.94	-0.18	-0.91	-0.75	-0.97	-0.72	0.62	0.51	0.68	-0.87	-0.74	-0.86	-0.92	-0.44	-0.24	-0.49	0.94	-0.86	0.5
Cash	0.74	0.03	0.78	-0.97	-0.18		1.0	0.36	-0.3	0.14	0.74	0.2	-0.03	0.02	-0.02	-0.24	0.42	-0.09	0.0	0.43	0.27	0.8	0.86	-0.32	0.42	0.18
Cash And Short Term Investments	0.77	0.06	0.79	-0.96	-0.22	1.0		0.41	-0.28	0.17	0.77	0.24	-0.01	0.01	-0.03	-0.27	0.45	-0.04	0.05	0.47	0.29	0.82	0.88	-0.35	0.46	0.15
Other Current Assets	0.73	0.78	0.44	-0.14	-0.94	0.36	0.41		0.17	0.8	0.89	0.96	0.58	-0.43	-0.4	-0.75	0.91	0.8	0.9	0.93	0.52	0.5	0.69	-0.89	0.93	-0.59
Other Stockholder Equity	0.11	0.01	0.2	0.38	-0.18	-0.3	-0.28	0.17		-0.06	0.01	0.2	0.2	0.32	-0.07	-0.36	0.16	0.49	0.41	0.19	0.43	0.06	0.02	-0.02	0.31	-0.2
Total Liab	0.55	0.96	0.04	0.05	-0.91	0.14	0.17	0.8	-0.06		0.62	0.91	0.78	-0.85	-0.38	-0.56	0.79	0.5	0.66	0.78	0.27	0.08	0.34	-0.88	0.64	-0.47
Total Current Assets	0.89	0.55	0.72	-0.57	-0.75	0.74	0.77	0.89	0.01	0.62		0.78	0.4	-0.27	-0.26	-0.67	0.86	0.54	0.66	0.87	0.52	0.77	0.92	-0.76	0.88	-0.36
Common Stock Shares Outstanding	0.67	0.88	0.29	0.03	-0.97	0.2	0.24	0.96	0.2	0.91	0.78		0.72	-0.61	-0.39	-0.73	0.9	0.76	0.89	0.9	0.44	0.32	0.54	-0.89	0.85	-0.63
Net Receivables	0.49	0.73	0.06	0.18	-0.72	-0.03	-0.01	0.58	0.2	0.78	0.4	0.72		-0.74	-0.23	-0.57	0.67	0.31	0.51	0.68	0.33	0.03	0.22	-0.6	0.55	-0.27
Property Plant And Equipment Net	-0.28	-0.78	0.25	-0.12	0.62	0.02	0.01	-0.43	0.32	-0.85	-0.27	-0.61	-0.74		0.23	0.22	-0.43	-0.11	-0.28	-0.47	0.14	0.22	-0.01	0.59	-0.25	0.2
Non Current Assets Total	0.04	-0.58	0.28	-0.11	0.51	-0.02	-0.03	-0.4	-0.07	-0.38	-0.26	-0.39	-0.23	0.23		0.04	-0.32	-0.39	-0.34	-0.4	-0.2	0.26	-0.02	0.68	-0.37	0.18
Other Current Liab	-0.68	-0.49	-0.51	0.07	0.68	-0.24	-0.27	-0.75	-0.36	-0.56	-0.67	-0.73	-0.57	0.22	0.04		-0.88	-0.56	-0.72	-0.72	-0.81	-0.55	-0.63	0.51	-0.73	0.44
Net Tangible Assets	0.78	0.75	0.48	-0.21	-0.87	0.42	0.45	0.91	0.16	0.79	0.86	0.9	0.67	-0.43	-0.32	-0.88		0.59	0.77	0.89	0.74	0.53	0.72	-0.82	0.87	-0.48
Accounts Payable	0.32	0.57	0.18	0.3	-0.74	-0.09	-0.04	0.8	0.49	0.5	0.54	0.76	0.31	-0.11	-0.39	-0.56	0.59		0.95	0.66	0.39	0.21	0.32	-0.63	0.75	-0.72
Inventory	0.48	0.69	0.26	0.23	-0.86	0.0	0.05	0.9	0.41	0.66	0.66	0.89	0.51	-0.28	-0.34	-0.72	0.77	0.95		0.79	0.49	0.3	0.44	-0.73	0.84	-0.75
Common Stock	0.81	0.74	0.47	-0.22	-0.92	0.43	0.47	0.93	0.19	0.78	0.87	0.9	0.68	-0.47	-0.4	-0.72	0.89	0.66	0.79		0.56	0.51	0.71	-0.86	0.97	-0.33
Property Plant Equipment	0.51	0.3	0.46	-0.14	-0.44	0.27	0.29	0.52	0.43	0.27	0.52	0.44	0.33	0.14	-0.2	-0.81	0.74	0.39	0.49	0.56		0.48	0.53	-0.41	0.62	-0.22
Net Invested Capital	0.83	-0.07	0.97	-0.74	-0.24	0.8	0.82	0.5	0.06	0.08	0.77	0.32	0.03	0.22	0.26	-0.55	0.53	0.21	0.3	0.51	0.48		0.94	-0.2	0.6	-0.08
Net Working Capital	0.92	0.22	0.91	-0.74	-0.49	0.86	0.88	0.69	0.02	0.34	0.92	0.54	0.22	-0.01	-0.02	-0.63	0.72	0.32	0.44	0.71	0.53	0.94		-0.49	0.76	-0.14
Other Liab	-0.57	-0.92	-0.16	0.1	0.94	-0.32	-0.35	-0.89	-0.02	-0.88	-0.76	-0.89	-0.6	0.59	0.68	0.51	-0.82	-0.63	-0.73	-0.86	-0.41	-0.2	-0.49		-0.79	0.43
Capital Stock	0.79	0.62	0.56	-0.21	-0.86	0.42	0.46	0.93	0.31	0.64	0.88	0.85	0.55	-0.25	-0.37	-0.73	0.87	0.75	0.84	0.97	0.62	0.6	0.76	-0.79		-0.4
Intangible Assets	-0.12	-0.51	-0.04	-0.33	0.5	0.18	0.15	-0.59	-0.2	-0.47	-0.36	-0.63	-0.27	0.2	0.18	0.44	-0.48	-0.72	-0.75	-0.33	-0.22	-0.08	-0.14	0.43	-0.4

Click cells to compare fundamentals

Braille Energy Account Relationship Matchups

Braille Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	913.2K	6.0M	5.1M	3.3M	3.8M	2.3M
Total Current Liabilities	2.2M	1.0M	1.5M	1.7M	2.0M	2.1M
Total Stockholder Equity	(1.4M)	4.4M	3.1M	1.3M	1.5M	1.3M
Net Debt	84.4K	(3.5M)	(1.8M)	422.0K	379.8K	398.8K
Retained Earnings	(6.9M)	(7.7M)	(10.5M)	(13.3M)	(11.9M)	(11.3M)
Cash	124.7K	4.2M	2.5M	140.3K	161.3K	153.3K
Cash And Short Term Investments	124.7K	4.2M	2.6M	249.5K	287.0K	272.6K
Liabilities And Stockholders Equity	913.2K	6.0M	5.1M	3.3M	3.8M	2.3M
Other Current Assets	92.1K	294.8K	348.4K	317.8K	365.5K	383.7K
Other Stockholder Equity	819.0K	533.7K	1.9M	2.3M	2.6M	1.6M
Total Liab	2.4M	1.6M	2.0M	2.1M	2.4M	2.5M
Total Current Assets	661.0K	5.3M	4.4M	2.7M	3.1M	3.2M
Common Stock Shares Outstanding	47.1M	65.7M	80.9M	86.0M	98.9M	103.9M
Net Receivables	165.1K	176.3K	130.1K	268.6K	308.9K	164.8K
Property Plant And Equipment Net	252.2K	788.9K	717.4K	614.8K	553.3K	585.2K
Non Current Assets Total	252.2K	788.9K	717.4K	614.8K	553.3K	775.7K
Other Current Liab	1.5M	497.4K	103.3K	217.9K	196.1K	186.3K
Net Tangible Assets	(1.0M)	(1.4M)	4.4M	3.1M	3.6M	3.8M
Accounts Payable	482.9K	370.8K	1.2M	1.3M	1.5M	1.5M
Inventory	279.2K	577.6K	1.3M	1.8M	2.1M	2.2M
Property Plant Equipment	88.6K	252.2K	788.9K	717.4K	825.0K	535.1K
Non Current Liabilities Total	183.9K	600.8K	539.6K	357.1K	410.6K	480.6K
Net Invested Capital	(1.3M)	4.5M	3.2M	1.4M	1.6M	1.5M
Net Working Capital	(1.5M)	4.2M	2.9M	962.2K	1.1M	907.8K
Other Liab	171.6K	16.0K	24.5K	20K	18K	17.1K
Accumulated Other Comprehensive Income	(19.4K)	5.5K	74.4K	60.7K	69.8K	73.3K
Short Long Term Debt Total	209.1K	728.0K	682.2K	562.3K	646.7K	489.9K
Current Deferred Revenue	80.1K	27.9K	48.4K	4.5K	4.0K	3.8K
Short Term Debt	124.7K	151.7K	162.7K	205.3K	236.0K	151.6K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Braille Stock Analysis

When running Braille Energy's price analysis, check to measure Braille Energy'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 Braille Energy is operating at the current time. Most of Braille Energy's value examination focuses on studying past and present price action to predict the probability of Braille Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Braille Energy's price. Additionally, you may evaluate how the addition of Braille Energy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC