Braille Income Before Tax vs Selling General Administrative 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 Income Before Tax and its Selling General Administrative 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.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Braille Energy Systems Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Braille Energy's Income Before Tax and Selling General Administrative is -0.79. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative 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 Income Before Tax and Selling General Administrative 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 Braille Energy Systems are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Braille Energy's Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Braille Energy income statement and is an important metric when analyzing Braille Energy Systems 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.

Selling General Administrative

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 Depreciation144.6K168.9K194.2K140.6K
Cost Of Revenue2.7M2.6M3.0M2.1M

Braille Energy fundamental ratios Correlations

0.40.84-0.61-0.620.740.770.730.110.550.890.670.49-0.280.04-0.680.780.320.480.810.510.830.92-0.570.79-0.12
0.4-0.10.17-0.910.030.060.780.010.960.550.880.73-0.78-0.58-0.490.750.570.690.740.3-0.070.22-0.920.62-0.51
0.84-0.1-0.72-0.20.780.790.440.20.040.720.290.060.250.28-0.510.480.180.260.470.460.970.91-0.160.56-0.04
-0.610.17-0.72-0.05-0.97-0.96-0.140.380.05-0.570.030.18-0.12-0.110.07-0.210.30.23-0.22-0.14-0.74-0.740.1-0.21-0.33
-0.62-0.91-0.2-0.05-0.18-0.22-0.94-0.18-0.91-0.75-0.97-0.720.620.510.68-0.87-0.74-0.86-0.92-0.44-0.24-0.490.94-0.860.5
0.740.030.78-0.97-0.181.00.36-0.30.140.740.2-0.030.02-0.02-0.240.42-0.090.00.430.270.80.86-0.320.420.18
0.770.060.79-0.96-0.221.00.41-0.280.170.770.24-0.010.01-0.03-0.270.45-0.040.050.470.290.820.88-0.350.460.15
0.730.780.44-0.14-0.940.360.410.170.80.890.960.58-0.43-0.4-0.750.910.80.90.930.520.50.69-0.890.93-0.59
0.110.010.20.38-0.18-0.3-0.280.17-0.060.010.20.20.32-0.07-0.360.160.490.410.190.430.060.02-0.020.31-0.2
0.550.960.040.05-0.910.140.170.8-0.060.620.910.78-0.85-0.38-0.560.790.50.660.780.270.080.34-0.880.64-0.47
0.890.550.72-0.57-0.750.740.770.890.010.620.780.4-0.27-0.26-0.670.860.540.660.870.520.770.92-0.760.88-0.36
0.670.880.290.03-0.970.20.240.960.20.910.780.72-0.61-0.39-0.730.90.760.890.90.440.320.54-0.890.85-0.63
0.490.730.060.18-0.72-0.03-0.010.580.20.780.40.72-0.74-0.23-0.570.670.310.510.680.330.030.22-0.60.55-0.27
-0.28-0.780.25-0.120.620.020.01-0.430.32-0.85-0.27-0.61-0.740.230.22-0.43-0.11-0.28-0.470.140.22-0.010.59-0.250.2
0.04-0.580.28-0.110.51-0.02-0.03-0.4-0.07-0.38-0.26-0.39-0.230.230.04-0.32-0.39-0.34-0.4-0.20.26-0.020.68-0.370.18
-0.68-0.49-0.510.070.68-0.24-0.27-0.75-0.36-0.56-0.67-0.73-0.570.220.04-0.88-0.56-0.72-0.72-0.81-0.55-0.630.51-0.730.44
0.780.750.48-0.21-0.870.420.450.910.160.790.860.90.67-0.43-0.32-0.880.590.770.890.740.530.72-0.820.87-0.48
0.320.570.180.3-0.74-0.09-0.040.80.490.50.540.760.31-0.11-0.39-0.560.590.950.660.390.210.32-0.630.75-0.72
0.480.690.260.23-0.860.00.050.90.410.660.660.890.51-0.28-0.34-0.720.770.950.790.490.30.44-0.730.84-0.75
0.810.740.47-0.22-0.920.430.470.930.190.780.870.90.68-0.47-0.4-0.720.890.660.790.560.510.71-0.860.97-0.33
0.510.30.46-0.14-0.440.270.290.520.430.270.520.440.330.14-0.2-0.810.740.390.490.560.480.53-0.410.62-0.22
0.83-0.070.97-0.74-0.240.80.820.50.060.080.770.320.030.220.26-0.550.530.210.30.510.480.94-0.20.6-0.08
0.920.220.91-0.74-0.490.860.880.690.020.340.920.540.22-0.01-0.02-0.630.720.320.440.710.530.94-0.490.76-0.14
-0.57-0.92-0.160.10.94-0.32-0.35-0.89-0.02-0.88-0.76-0.89-0.60.590.680.51-0.82-0.63-0.73-0.86-0.41-0.2-0.49-0.790.43
0.790.620.56-0.21-0.860.420.460.930.310.640.880.850.55-0.25-0.37-0.730.870.750.840.970.620.60.76-0.79-0.4
-0.12-0.51-0.04-0.330.50.180.15-0.59-0.2-0.47-0.36-0.63-0.270.20.180.44-0.48-0.72-0.75-0.33-0.22-0.08-0.140.43-0.4
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Braille Energy Account Relationship Matchups

Braille Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets913.2K6.0M5.1M3.3M3.8M2.3M
Total Current Liabilities2.2M1.0M1.5M1.7M2.0M2.1M
Total Stockholder Equity(1.4M)4.4M3.1M1.3M1.5M1.3M
Net Debt84.4K(3.5M)(1.8M)422.0K379.8K398.8K
Retained Earnings(6.9M)(7.7M)(10.5M)(13.3M)(11.9M)(11.3M)
Cash124.7K4.2M2.5M140.3K161.3K153.3K
Cash And Short Term Investments124.7K4.2M2.6M249.5K287.0K272.6K
Liabilities And Stockholders Equity913.2K6.0M5.1M3.3M3.8M2.3M
Other Current Assets92.1K294.8K348.4K317.8K365.5K383.7K
Other Stockholder Equity819.0K533.7K1.9M2.3M2.6M1.6M
Total Liab2.4M1.6M2.0M2.1M2.4M2.5M
Total Current Assets661.0K5.3M4.4M2.7M3.1M3.2M
Common Stock Shares Outstanding47.1M65.7M80.9M86.0M98.9M103.9M
Net Receivables165.1K176.3K130.1K268.6K308.9K164.8K
Property Plant And Equipment Net252.2K788.9K717.4K614.8K553.3K585.2K
Non Current Assets Total252.2K788.9K717.4K614.8K553.3K775.7K
Other Current Liab1.5M497.4K103.3K217.9K196.1K186.3K
Net Tangible Assets(1.0M)(1.4M)4.4M3.1M3.6M3.8M
Accounts Payable482.9K370.8K1.2M1.3M1.5M1.5M
Inventory279.2K577.6K1.3M1.8M2.1M2.2M
Property Plant Equipment88.6K252.2K788.9K717.4K825.0K535.1K
Non Current Liabilities Total183.9K600.8K539.6K357.1K410.6K480.6K
Net Invested Capital(1.3M)4.5M3.2M1.4M1.6M1.5M
Net Working Capital(1.5M)4.2M2.9M962.2K1.1M907.8K
Other Liab171.6K16.0K24.5K20K18K17.1K
Accumulated Other Comprehensive Income(19.4K)5.5K74.4K60.7K69.8K73.3K
Short Long Term Debt Total209.1K728.0K682.2K562.3K646.7K489.9K
Current Deferred Revenue80.1K27.9K48.4K4.5K4.0K3.8K
Short Term Debt124.7K151.7K162.7K205.3K236.0K151.6K

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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.