Benchmark Other Operating Expenses vs Income Tax Expense Analysis

BHE Stock  USD 48.28  0.19  0.39%   
Benchmark Electronics financial indicator trend analysis is way more than just evaluating Benchmark Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Benchmark Electronics is a good investment. Please check the relationship between Benchmark Electronics Other Operating Expenses and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.

Other Operating Expenses vs Income Tax Expense

Other Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Benchmark Electronics Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Benchmark Electronics' Other Operating Expenses and Income Tax Expense is 0.09. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Benchmark Electronics, assuming nothing else is changed. The correlation between historical values of Benchmark Electronics' Other Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Benchmark Electronics are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., Benchmark Electronics' Other Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Benchmark Electronics. It is also known as Benchmark Electronics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Tax Expense

Most indicators from Benchmark Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Benchmark Electronics 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 Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.At present, Benchmark Electronics' Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 789.3 M, whereas Selling General Administrative is forecasted to decline to about 78 M.
 2021 2022 2023 2024 (projected)
Gross Profit205.9M255.2M271.1M146.8M
Total Revenue2.3B2.9B2.8B1.8B

Benchmark Electronics fundamental ratios Correlations

0.460.680.680.840.60.860.590.720.590.910.470.50.620.760.620.250.98-0.120.90.230.320.490.660.540.42
0.460.660.820.060.810.130.00.860.010.33-0.190.990.78-0.020.930.790.360.660.40.32-0.110.850.58-0.110.4
0.680.660.830.40.880.390.230.890.240.650.180.740.630.390.820.580.590.260.710.240.120.640.60.230.33
0.680.820.830.320.940.310.070.890.080.670.130.850.90.330.970.740.620.490.770.250.190.90.490.20.15
0.840.060.40.320.280.970.790.420.790.750.830.080.360.960.22-0.010.9-0.550.690.180.410.170.420.860.39
0.60.810.880.940.280.25-0.010.910.010.610.120.830.860.30.920.830.520.540.620.130.170.880.420.20.11
0.860.130.390.310.970.250.840.450.840.730.690.150.320.860.24-0.030.9-0.530.690.220.220.130.570.730.52
0.590.00.230.070.79-0.010.840.271.00.340.60.030.00.680.05-0.180.64-0.750.430.520.05-0.140.530.60.75
0.720.860.890.890.420.910.450.270.290.610.150.90.770.360.930.680.630.370.690.310.060.760.730.210.47
0.590.010.240.080.790.010.841.00.290.330.60.050.020.670.07-0.160.63-0.740.430.530.05-0.120.530.610.75
0.910.330.650.670.750.610.730.340.610.330.480.370.620.730.550.240.9-0.020.90.00.340.510.450.530.08
0.47-0.190.180.130.830.120.690.60.150.60.48-0.190.250.92-0.02-0.020.59-0.580.410.140.590.08-0.010.990.12
0.50.990.740.850.080.830.150.030.90.050.37-0.190.760.010.960.770.390.630.470.34-0.110.830.62-0.110.43
0.620.780.630.90.360.860.320.00.770.020.620.250.760.390.870.760.610.510.620.10.330.960.290.340.05
0.76-0.020.390.330.960.30.860.680.360.670.730.920.010.390.180.020.84-0.510.660.130.590.20.240.940.22
0.620.930.820.970.220.920.240.050.930.070.55-0.020.960.870.180.780.530.580.650.310.060.90.570.050.29
0.250.790.580.74-0.010.83-0.03-0.180.68-0.160.24-0.020.770.760.020.780.20.640.230.270.090.870.10.070.02
0.980.360.590.620.90.520.90.640.630.630.90.590.390.610.840.530.2-0.220.890.220.380.450.550.650.37
-0.120.660.260.49-0.550.54-0.53-0.750.37-0.74-0.02-0.580.630.51-0.510.580.64-0.22-0.05-0.18-0.110.660.0-0.53-0.3
0.90.40.710.770.690.620.690.430.690.430.90.410.470.620.660.650.230.89-0.050.250.330.50.570.440.21
0.230.320.240.250.180.130.220.520.310.530.00.140.340.10.130.310.270.22-0.180.250.030.160.280.140.53
0.32-0.110.120.190.410.170.220.050.060.050.340.59-0.110.330.590.060.090.38-0.110.330.030.21-0.290.61-0.24
0.490.850.640.90.170.880.13-0.140.76-0.120.510.080.830.960.20.90.870.450.660.50.160.210.230.170.0
0.660.580.60.490.420.420.570.530.730.530.45-0.010.620.290.240.570.10.550.00.570.28-0.290.230.00.76
0.54-0.110.230.20.860.20.730.60.210.610.530.99-0.110.340.940.050.070.65-0.530.440.140.610.170.00.13
0.420.40.330.150.390.110.520.750.470.750.080.120.430.050.220.290.020.37-0.30.210.53-0.240.00.760.13
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Benchmark Electronics Account Relationship Matchups

Benchmark Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.7B1.9B2.2B2.3B1.2B
Short Long Term Debt Total215.6M212.3M221.2M411.6M454.3M477.1M
Other Current Liab147.4M100.1M102.6M110.4M114.7M120.4M
Total Current Liabilities459.2M481.1M654.4M749.1M713.5M749.2M
Total Stockholder Equity1.0B989.6M973.8M1.0B1.1B782.8M
Property Plant And Equipment Net282.7M265.2M285.8M304.6M358.5M376.5M
Retained Earnings515.9M492.2M480.0M519.9M560.5M333.9M
Cash364.0M390.8M271.7M207.4M277.4M246.2M
Non Current Assets Total564.8M541.9M555.7M575.2M639.0M671.0M
Cash And Short Term Investments364.0M390.8M271.7M207.4M277.4M269.5M
Net Receivables485.5M452.5M511.5M675.6M624.4M339.3M
Common Stock Shares Outstanding38.8M36.8M36.1M35.7M36.0M46.7M
Liabilities And Stockholders Equity1.8B1.7B1.9B2.2B2.3B1.2B
Non Current Liabilities Total285.8M273.5M275.7M451.8M482.1M506.2M
Inventory315.0M327.4M523.2M727.7M683.8M718.0M
Other Stockholder Equity512.0M510.4M507.4M519.2M528.8M453.6M
Total Liab745.0M754.6M930.1M1.2B1.2B1.3B
Property Plant And Equipment Gross282.7M265.2M285.8M304.6M864.9M908.1M
Total Current Assets1.2B1.2B1.3B1.7B1.6B938.1M
Accumulated Other Comprehensive Income(16.8M)(16.7M)(17.2M)(16.2M)(13.9M)(14.6M)
Net Debt(148.3M)(178.5M)(50.6M)204.2M177.0M185.8M
Accounts Payable303.0M282.2M426.6M424.3M367.5M249.3M
Non Currrent Assets Other8.9M9.6M7.6M(12.2M)61.4M64.5M
Other Current Assets30.7M31.6M42.5M41.4M50.2M32.7M
Good Will282.1M276.6M269.9M270.6M192.1M169.5M
Common Stock Total Equity3.7M3.6M3.5M3.5M4.0M4.5M
Short Term Debt8.8M9.2M985K4.3M4.3M6.4M
Common Stock3.7M3.6M3.5M3.5M3.6M4.5M
Other Liab79.0M70.3M55.5M44.4M51.1M32.2M
Other Assets11.9M12.1M12.8M8.1M7.3M6.9M
Long Term Debt138.9M131.1M129.3M320.7M326.7M343.0M
Intangible Assets75.8M70.0M64.2M58.2M51.0M69.9M
Property Plant Equipment205.8M185.3M285.8M304.6M350.2M367.8M
Net Tangible Assets890.6M869.6M703.9M921.0M828.9M821.6M
Retained Earnings Total Equity515.9M492.2M480.0M519.9M597.9M524.1M
Long Term Debt Total138.9M131.1M129.3M320.7M368.8M387.2M
Capital Surpluse512.0M510.4M507.4M519.2M467.3M473.9M
Capital Lease Obligations67.9M72.1M90.9M86.7M123.4M92.2M

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When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Benchmark Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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
(0.26)
Dividend Share
0.665
Earnings Share
1.72
Revenue Per Share
74.962
Quarterly Revenue Growth
(0.09)
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.