Beeks Tax Provision vs Reconciled Depreciation Analysis

BKS Stock   263.00  9.00  3.54%   
Beeks Trading financial indicator trend analysis is way more than just evaluating Beeks Trading prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beeks Trading is a good investment. Please check the relationship between Beeks Trading Tax Provision and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beeks Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Tax Provision vs Reconciled Depreciation

Tax Provision vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beeks Trading Tax Provision account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Beeks Trading's Tax Provision and Reconciled Depreciation is -0.88. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Beeks Trading, assuming nothing else is changed. The correlation between historical values of Beeks Trading's Tax Provision and Reconciled Depreciation 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 Beeks Trading are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Tax Provision i.e., Beeks Trading's Tax Provision and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Reconciled Depreciation

Most indicators from Beeks Trading's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beeks Trading 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 Beeks Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 10.2 M, whereas Tax Provision is projected to grow to (479.7 K).
 2021 2022 2023 2024 (projected)
Interest Expense245K305K248K155.7K
Depreciation And Amortization4.7M6.3M7.0M7.4M

Beeks Trading fundamental ratios Correlations

0.80.890.990.99-0.730.940.870.960.990.960.850.720.980.880.980.970.970.40.950.980.450.970.220.880.79
0.80.940.730.84-0.270.60.850.780.780.780.950.850.780.960.690.810.80.00.720.670.650.630.650.870.59
0.890.940.840.92-0.470.720.950.870.870.870.940.790.890.990.820.90.860.250.80.810.580.780.420.950.73
0.990.730.840.98-0.790.960.840.960.990.960.790.670.980.830.990.970.960.470.950.990.380.980.140.850.79
0.990.840.920.98-0.670.920.90.950.990.950.870.730.980.910.970.970.970.370.940.950.50.940.270.90.78
-0.73-0.27-0.47-0.79-0.67-0.76-0.59-0.81-0.69-0.81-0.35-0.41-0.76-0.42-0.77-0.78-0.6-0.73-0.64-0.850.22-0.810.2-0.55-0.5
0.940.60.720.960.92-0.760.730.870.960.870.690.570.890.720.960.860.950.450.920.950.370.950.090.690.77
0.870.850.950.840.9-0.590.730.880.840.880.840.710.880.910.810.890.80.460.720.830.40.780.340.880.72
0.960.780.870.960.95-0.810.870.880.931.00.80.780.970.850.930.990.880.470.870.960.270.920.260.870.68
0.990.780.870.990.99-0.690.960.840.930.930.840.690.960.870.990.940.990.370.970.960.510.960.210.850.8
0.960.780.870.960.95-0.810.870.881.00.930.80.780.970.850.930.990.880.470.870.960.270.920.260.870.68
0.850.950.940.790.87-0.350.690.840.80.840.80.860.810.980.770.830.86-0.030.830.730.670.720.60.870.7
0.720.850.790.670.73-0.410.570.710.780.690.780.860.690.840.620.760.710.010.670.620.390.570.740.730.46
0.980.780.890.980.98-0.760.890.880.970.960.970.810.690.870.970.990.930.460.920.980.380.960.150.920.77
0.880.960.990.830.91-0.420.720.910.850.870.850.980.840.870.810.880.870.120.830.780.630.760.510.930.73
0.980.690.820.990.97-0.770.960.810.930.990.930.770.620.970.810.940.960.450.960.990.410.990.070.830.81
0.970.810.90.970.97-0.780.860.890.990.940.990.830.760.990.880.940.90.450.890.960.320.930.240.910.73
0.970.80.860.960.97-0.60.950.80.880.990.880.860.710.930.870.960.90.280.950.920.580.920.280.820.79
0.40.00.250.470.37-0.730.450.460.470.370.47-0.030.010.460.120.450.450.280.220.54-0.310.49-0.420.270.33
0.950.720.80.950.94-0.640.920.720.870.970.870.830.670.920.830.960.890.950.220.920.540.950.170.820.8
0.980.670.810.990.95-0.850.950.830.960.960.960.730.620.980.780.990.960.920.540.920.280.990.060.830.77
0.450.650.580.380.50.220.370.40.270.510.270.670.390.380.630.410.320.58-0.310.540.280.340.390.470.44
0.970.630.780.980.94-0.810.950.780.920.960.920.720.570.960.760.990.930.920.490.950.990.34-0.010.820.81
0.220.650.420.140.270.20.090.340.260.210.260.60.740.150.510.070.240.28-0.420.170.060.39-0.010.270.08
0.880.870.950.850.9-0.550.690.880.870.850.870.870.730.920.930.830.910.820.270.820.830.470.820.270.75
0.790.590.730.790.78-0.50.770.720.680.80.680.70.460.770.730.810.730.790.330.80.770.440.810.080.75
Click cells to compare fundamentals

Beeks Trading Account Relationship Matchups

Beeks Trading fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.8M22.9M44.7M47.4M49.5M52.0M
Short Long Term Debt Total4.7M4.4M5.9M5.8M2.9M2.7M
Total Current Liabilities4.2M5.4M7.4M8.7M6.4M4.0M
Total Stockholder Equity6.7M13.8M30.8M32.8M37.5M39.4M
Property Plant And Equipment Net6.8M10.4M16.3M18.0M16.7M17.6M
Net Debt3.3M979K(4.3M)(2.0M)(4.8M)(4.6M)
Retained Earnings1.4M3.0M4.2M4.1M8.0M8.4M
Accounts Payable699K2.5M3.4M2.9M2.8M1.6M
Cash1.4M3.4M10.2M7.8M7.7M8.1M
Non Current Assets Total13.9M17.3M27.2M31.5M36.1M37.9M
Cash And Short Term Investments1.4M3.4M10.2M7.8M7.7M8.1M
Liabilities And Stockholders Equity16.8M22.9M44.7M47.4M49.5M52.0M
Non Current Liabilities Total5.9M3.7M6.6M5.9M5.6M3.0M
Other Current Assets1.5M723K2.1M1.0M1.2M928.6K
Total Liab10.1M9.1M14.0M14.7M12.0M6.9M
Property Plant And Equipment Gross6.8M10.4M25.2M31.6M36.3M38.2M
Total Current Assets3.0M5.6M17.6M16.0M13.4M14.0M
Accumulated Other Comprehensive Income(3.9M)556K2.0M4.2M5.9M6.2M
Intangible Assets4.4M4.6M5.3M6.7M8M8.4M
Other Current Liab(1.3M)495K608K489K846K888.3K
Other Liab2.5M617K3.0M3.9M4.5M4.7M
Net Tangible Assets(25K)7.8M24.1M24.7M28.4M29.8M
Current Deferred Revenue1.7M1.1M192K1.2M815K708.5K
Other Assets380K896K4.2M5.4M6.2M6.5M
Long Term Debt6K672K1.5M896K1.3M0.0
Net Receivables1.5M1.5M3.5M5.4M3.0M1.9M
Common Stock Shares Outstanding51.0M52.3M58.0M65.4M70.5M58.2M
Short Long Term Debt697K589K978K1.8M2.1M2.2M
Short Term Debt1.2M1.2M2.3M3.8M1.6M1.3M
Property Plant Equipment6.8M10.4M16.3M18.0M20.6M21.7M
Good Will393K528K2.4M1.4M1.6M1.2M
Inventory(1.5M)(1.5M)1.8M1.8M1.5M1.6M
Capital Lease Obligations2.5M2.9M3.6M4.0M4.6M2.3M
Net Invested Capital8.9M15.3M33.1M34.6M39.8M41.8M
Net Working Capital(1.2M)194K10.2M7.3M8.4M8.8M

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Other Information on Investing in Beeks Stock

Balance Sheet is a snapshot of the financial position of Beeks Trading at a specified time, usually calculated after every quarter, six months, or one year. Beeks Trading Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beeks Trading and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Beeks currently owns. An asset can also be divided into two categories, current and non-current.