Blue Operating Income vs Tax Provision Analysis

BLUECOAST   9.98  0.00  0.00%   
Blue Coast financial indicator trend analysis is way more than just evaluating Blue Coast Hotels prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Coast Hotels is a good investment. Please check the relationship between Blue Coast Operating Income and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Coast Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Coast Hotels Operating Income account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Blue Coast's Operating Income and Tax Provision is -0.02. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Blue Coast Hotels, assuming nothing else is changed. The correlation between historical values of Blue Coast's Operating Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Blue Coast Hotels are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., Blue Coast's Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Blue Coast Hotels operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Blue Coast Hotels is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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.
Most indicators from Blue Coast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Coast Hotels 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 Blue Coast Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Tax Provision is expected to grow to about 25.6 M, whereas Selling General Administrative is forecasted to decline to about 996.9 K.
 2023 2024 (projected)
Interest Income37.4M35.5M
Minority Interest763.1M678.3M

Blue Coast fundamental ratios Correlations

0.530.550.90.921.00.520.771.00.580.8-0.31-0.020.68-0.34-0.150.960.910.520.830.60.360.90.930.310.53
0.53-0.360.430.470.540.970.860.530.040.79-0.030.24-0.06-0.260.210.540.43-0.040.510.620.780.490.4-0.210.88
0.55-0.360.550.50.54-0.32-0.050.540.570.13-0.22-0.230.77-0.21-0.260.530.60.570.460.16-0.460.430.540.55-0.28
0.90.430.550.690.90.390.740.90.330.840.02-0.430.44-0.590.070.960.850.190.850.710.470.660.840.390.62
0.920.470.50.690.920.490.660.920.650.62-0.60.230.82-0.04-0.380.80.840.760.740.420.180.990.90.230.35
1.00.540.540.90.920.540.791.00.570.8-0.31-0.020.67-0.34-0.150.960.90.520.830.590.370.90.930.320.54
0.520.97-0.320.390.490.540.830.530.130.72-0.130.340.0-0.20.10.530.390.060.470.540.670.510.4-0.20.83
0.770.86-0.050.740.660.790.830.780.240.87-0.05-0.020.18-0.410.150.780.590.070.650.580.80.680.740.170.89
1.00.530.540.90.921.00.530.780.580.79-0.31-0.010.68-0.34-0.150.960.90.520.820.590.360.90.930.320.53
0.580.040.570.330.650.570.130.240.580.06-0.550.370.80.16-0.510.460.440.760.17-0.17-0.270.580.570.36-0.12
0.80.790.130.840.620.80.720.870.790.060.11-0.190.17-0.570.310.850.760.010.860.890.720.620.680.150.85
-0.31-0.03-0.220.02-0.6-0.31-0.13-0.05-0.31-0.550.11-0.48-0.68-0.570.87-0.11-0.3-0.87-0.170.180.28-0.61-0.390.190.17
-0.020.24-0.23-0.430.23-0.020.34-0.02-0.010.37-0.19-0.480.240.51-0.27-0.16-0.130.46-0.27-0.29-0.240.24-0.1-0.3-0.22
0.68-0.060.770.440.820.670.00.180.680.80.17-0.680.240.15-0.550.520.690.920.480.08-0.360.770.710.4-0.18
-0.34-0.26-0.21-0.59-0.04-0.34-0.2-0.41-0.340.16-0.57-0.570.510.15-0.69-0.5-0.250.41-0.44-0.51-0.41-0.04-0.34-0.4-0.46
-0.150.21-0.260.07-0.38-0.150.10.15-0.15-0.510.310.87-0.27-0.55-0.690.0-0.16-0.740.030.320.37-0.38-0.190.280.28
0.960.540.530.960.80.960.530.780.960.460.85-0.11-0.160.52-0.50.00.860.320.830.680.440.770.860.340.61
0.910.430.60.850.840.90.390.590.90.440.76-0.3-0.130.69-0.25-0.160.860.520.920.740.220.80.80.250.45
0.52-0.040.570.190.760.520.060.070.520.760.01-0.870.460.920.41-0.740.320.520.33-0.06-0.420.730.550.11-0.26
0.830.510.460.850.740.830.470.650.820.170.86-0.17-0.270.48-0.440.030.830.920.330.870.370.720.770.250.59
0.60.620.160.710.420.590.540.580.59-0.170.890.18-0.290.08-0.510.320.680.74-0.060.870.530.40.42-0.010.7
0.360.78-0.460.470.180.370.670.80.36-0.270.720.28-0.24-0.36-0.410.370.440.22-0.420.370.530.230.31-0.140.9
0.90.490.430.660.990.90.510.680.90.580.62-0.610.240.77-0.04-0.380.770.80.730.720.40.230.90.190.38
0.930.40.540.840.90.930.40.740.930.570.68-0.39-0.10.71-0.34-0.190.860.80.550.770.420.310.90.480.45
0.31-0.210.550.390.230.32-0.20.170.320.360.150.19-0.30.4-0.40.280.340.250.110.25-0.01-0.140.190.48-0.07
0.530.88-0.280.620.350.540.830.890.53-0.120.850.17-0.22-0.18-0.460.280.610.45-0.260.590.70.90.380.45-0.07
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Blue Coast Account Relationship Matchups

Blue Coast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets264.3M165.0M167.9M128.6M92.7M88.0M
Short Long Term Debt Total2.7B422.7M422.5M417.5M415M394.3M
Other Current Liab782.8M1.0M255K899.8M938.0M1.1B
Total Current Liabilities789.8M833.3M870.4M902.5M981.3M932.2M
Total Stockholder Equity(940.5M)(1.1B)(1.1B)(1.2B)(1.3B)(1.2B)
Property Plant And Equipment Net28.9M27.9M27.0M25.4M24.5M23.3M
Net Debt3.6M(1.5M)2.0M412.0M412.4M703.9M
Cash3.9M9.0M5.6M3.0M2.6M2.5M
Non Current Assets Total33.4M32.4M31.5M28.4M35.6M33.8M
Non Currrent Assets Other(1K)(29.4M)4.0M2.6M2.3M2.2M
Cash And Short Term Investments5.5M13.8M10.5M10.8M11.4M10.8M
Liabilities And Stockholders Equity264.3M165.0M167.9M128.6M92.7M88.0M
Other Current Assets89.1M89.1M125.7M89.5M45.7M63.4M
Total Liab1.2B1.2B1.3B1.3B1.4B2.5B
Total Current Assets230.9M132.6M136.5M100.2M57.1M54.2M
Net Receivables1.4M1.6M1.8M1.5M1.7M1.6M
Current Deferred Revenue(7.5M)815.4M855.9M(2.5M)(2.9M)(2.7M)
Retained Earnings(2.1B)(2.2B)(2.2B)(2.3B)(2.2B)(2.1B)
Accounts Payable7.0M9.5M6.7M2.8M1.8M1.7M
Short Term Investments1.6M4.8M4.9M7.8M8.8M8.4M
Short Term Debt2.3B7.7M7.5M2.5M41.5M39.4M
Net Tangible Assets(940.5M)(1.1B)(1.1B)(1.2B)(1.1B)(1.0B)
Other Assets4.0M4.0M4.0M2.6M2.3M2.2M
Short Long Term Debt2.3B7.7M7.5M2.5M41.5M39.4M
Property Plant Equipment28.9M27.9M27.0M25.4M22.9M21.7M
Cash And Equivalents3.9M9.0M5.6M3.0M2.7M2.5M
Net Invested Capital(518.0M)(668.4M)(702.5M)(773.9M)(847.1M)(804.7M)
Net Working Capital(558.9M)(700.8M)(733.9M)(802.3M)(924.2M)(970.4M)

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Other Information on Investing in Blue Stock

Balance Sheet is a snapshot of the financial position of Blue Coast Hotels at a specified time, usually calculated after every quarter, six months, or one year. Blue Coast Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blue Coast 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 Blue currently owns. An asset can also be divided into two categories, current and non-current.