BHMU Cost Of Revenue vs Income Tax Expense Analysis

BHMU Stock   3.98  0.01  0.25%   
BH Macro financial indicator trend analysis is way more than just evaluating BH Macro Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BH Macro Limited is a good investment. Please check the relationship between BH Macro Cost Of Revenue and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BH Macro Limited. 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.

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BH Macro Limited Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between BH Macro's Cost Of Revenue and Income Tax Expense is 0.23. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of BH Macro Limited, assuming nothing else is changed. The correlation between historical values of BH Macro's Cost Of Revenue 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 Cost Of Revenue of BH Macro Limited 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 Cost Of Revenue i.e., BH Macro's Cost Of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on BH Macro Limited income statement and represents the costs associated with goods and services BH Macro provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Tax Expense

Most indicators from BH Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BH Macro Limited 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 BH Macro Limited. 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.
Selling General Administrative is likely to drop to about 51.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 218 M in 2024
 2021 2022 2023 2024 (projected)
Interest Income4.8M14.3M100.8M105.8M
Net Interest Income4.8M14.3M100.8M105.8M

BH Macro fundamental ratios Correlations

0.120.250.740.230.41-0.220.75-0.57-0.220.350.410.5-0.090.040.460.020.730.280.61-0.080.650.23
0.120.980.070.07-0.34-0.070.08-0.14-0.07-0.110.27-0.230.710.740.040.070.03-0.280.150.10.150.51
0.250.980.210.07-0.2-0.070.21-0.25-0.07-0.030.35-0.170.690.710.040.020.18-0.160.290.090.280.5
0.740.070.21-0.320.650.331.0-0.810.330.730.330.430.19-0.1-0.26-0.010.960.610.93-0.050.950.17
0.230.070.07-0.32-0.17-0.99-0.290.16-0.99-0.580.23-0.09-0.430.020.72-0.08-0.23-0.07-0.360.46-0.39-0.12
0.41-0.34-0.20.65-0.170.20.65-0.390.20.560.140.5-0.27-0.41-0.27-0.190.760.910.76-0.140.6-0.5
-0.22-0.07-0.070.33-0.990.20.3-0.121.00.59-0.240.10.43-0.03-0.730.090.250.10.39-0.470.40.06
0.750.080.211.0-0.290.650.3-0.820.30.720.340.430.17-0.11-0.25-0.010.960.620.93-0.030.950.17
-0.57-0.14-0.25-0.810.16-0.39-0.12-0.82-0.12-0.37-0.49-0.07-0.160.130.250.0-0.77-0.49-0.69-0.33-0.81-0.46
-0.22-0.07-0.070.33-0.990.21.00.3-0.120.59-0.240.10.43-0.03-0.730.090.250.10.39-0.470.40.06
0.35-0.11-0.030.73-0.580.560.590.72-0.370.59-0.220.640.17-0.11-0.46-0.160.610.50.65-0.330.6-0.16
0.410.270.350.330.230.14-0.240.34-0.49-0.24-0.22-0.50.050.050.150.210.430.150.390.210.450.39
0.5-0.23-0.170.43-0.090.50.10.43-0.070.10.64-0.5-0.23-0.150.16-0.110.350.370.33-0.330.22-0.36
-0.090.710.690.19-0.43-0.270.430.17-0.160.430.170.05-0.230.78-0.4-0.070.1-0.280.25-0.140.30.43
0.040.740.71-0.10.02-0.41-0.03-0.110.13-0.03-0.110.05-0.150.780.17-0.25-0.16-0.5-0.06-0.3-0.020.34
0.460.040.04-0.260.72-0.27-0.73-0.250.25-0.73-0.460.150.16-0.40.170.04-0.23-0.4-0.36-0.07-0.320.11
0.020.070.02-0.01-0.08-0.190.09-0.010.00.09-0.160.21-0.11-0.07-0.250.04-0.04-0.150.040.010.00.35
0.730.030.180.96-0.230.760.250.96-0.770.250.610.430.350.1-0.16-0.23-0.040.690.96-0.030.960.08
0.28-0.28-0.160.61-0.070.910.10.62-0.490.10.50.150.37-0.28-0.5-0.4-0.150.690.690.180.52-0.49
0.610.150.290.93-0.360.760.390.93-0.690.390.650.390.330.25-0.06-0.360.040.960.69-0.130.940.05
-0.080.10.09-0.050.46-0.14-0.47-0.03-0.33-0.47-0.330.21-0.33-0.14-0.3-0.070.01-0.030.18-0.13-0.070.14
0.650.150.280.95-0.390.60.40.95-0.810.40.60.450.220.3-0.02-0.320.00.960.520.94-0.070.3
0.230.510.50.17-0.12-0.50.060.17-0.460.06-0.160.39-0.360.430.340.110.350.08-0.490.050.140.3
Click cells to compare fundamentals

BH Macro Account Relationship Matchups

BH Macro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets570.8M802.2M1.3B1.7B2.1B1.1B
Other Current Liab(394K)(422K)9.8M66.7M3.0M3.3M
Total Current Liabilities394K422K9.8M66.7M7.3M7.6M
Total Stockholder Equity559.8M761.2M1.3B1.6B2.1B1.2B
Net Debt(694K)(961K)(16.4M)(7.9M)(19.7M)(18.7M)
Accounts Payable197K203K394K422K379.8K360.8K
Cash694K961K16.4M7.9M19.7M12.7M
Non Current Assets Total558.6M758.6M1.3B1.6B2.0B1.2B
Non Currrent Assets Other(558.6M)(758.6M)(1.3B)(1.6B)(2.0B)(2.1B)
Cash And Short Term Investments694K961K16.4M7.9M19.7M12.7M
Common Stock Shares Outstanding167.5M171.0M207.8M286.2M353.1M249.8M
Liabilities And Stockholders Equity570.8M802.2M1.3B1.7B2.1B1.1B
Other Stockholder Equity500.3M559.8M761.2M1.3B1.2B994.9M
Total Liab394K422K9.8M66.7M4.5M4.3M
Total Current Assets12.1M43.6M18.8M78.3M40.4M22.7M
Other Assets46K36K294K43K47K49.4K
Other Current Assets92.0K72K2.0M43K47K44.7K
Common Stock559.8M761.2M1.3B1.6B2.1B1.1B
Net Tangible Assets559.8M761.2M1.3B1.6B1.5B830.9M
Long Term Investments558.6M758.6M1.3B1.6B2.0B1.2B

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Additional Tools for BHMU Stock Analysis

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