Brand Net Income vs Income Tax Expense Analysis
| BNAI Stock | 0.87 0.08 10.13% |
Brand Engagement financial indicator trend analysis is way more than just evaluating Brand Engagement Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brand Engagement Network is a good investment. Please check the relationship between Brand Engagement Net Income and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Income vs Income Tax Expense
Net Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brand Engagement Network Net Income account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brand Engagement's Net Income and Income Tax Expense is -0.38. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Brand Engagement Network, assuming nothing else is changed. The correlation between historical values of Brand Engagement's Net Income 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 Net Income of Brand Engagement Network 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 Net Income i.e., Brand Engagement's Net Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Brand Engagement Network financial statement analysis. It represents the amount of money remaining after all of Brand Engagement Network operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Income Tax Expense
Most indicators from Brand Engagement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brand Engagement Network 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 Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Brand Engagement's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Brand Engagement's current Enterprise Value is estimated to increase to about 238.6 M, while Selling General Administrative is projected to decrease to under 994.6 K.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4K | 15.6K | 18.0K | 12.7K | Total Revenue | 7.4K | 15.6K | 18.0K | 12.7K |
Brand Engagement fundamental ratios Correlations
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Brand Engagement Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Brand Engagement Network is a strong investment it is important to analyze Brand Engagement's 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 Brand Engagement's future performance. For an informed investment choice regarding Brand Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is IT Consulting & Other Services 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 Brand Engagement. If investors know Brand 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 Brand Engagement listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.001 | Return On Assets (0.65) | Return On Equity (1.33) |
The market value of Brand Engagement Network is measured differently than its book value, which is the value of Brand that is recorded on the company's balance sheet. Investors also form their own opinion of Brand Engagement's value that differs from its market value or its book value, called intrinsic value, which is Brand Engagement's 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 Brand Engagement's market value can be influenced by many factors that don't directly affect Brand Engagement's 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 Brand Engagement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brand Engagement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brand Engagement's 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.