Bon Income Before Tax vs Net Income Analysis

BON Stock

USD 1.58 0.11 7.48%

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

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bon Natural Life Income Before Tax account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between Bon Natural's Income Before Tax and Net Income is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Bon Natural Life, assuming nothing else is changed. The correlation between historical values of Bon Natural's Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Bon Natural Life are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Bon Natural's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bon Natural income statement and is an important metric when analyzing Bon Natural Life profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bon Natural Life financial statement analysis. It represents the amount of money remaining after all of Bon Natural Life operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Bon Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bon Natural Life 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 Bon Natural Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Bon Natural's Issuance Of Capital Stock is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 44.6 M, while Tax Provision is likely to drop about 780.3 K.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	369.5K	1.2M	1.4M	1.4M
Interest Income	1.4K	9.4K	10.8K	11.4K

Depreciation And Amortization Interest Income

Bon Natural fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock
Total Assets		-0.88	0.79	-0.22	0.99	0.93	0.96	-0.73	0.92	-0.83	-0.3	0.96	-0.17	-0.85	-0.04	0.73	-0.87	-0.85	0.34	0.75	0.98	-0.69	0.99	-0.26	0.85	0.98
Short Long Term Debt Total	-0.88		-0.87	0.28	-0.88	-0.9	-0.88	0.94	-0.85	0.85	0.04	-0.88	0.14	0.7	-0.28	-0.76	0.86	0.7	-0.24	-0.59	-0.88	0.63	-0.85	0.6	-0.68	-0.83
Other Current Liab	0.79	-0.87		0.0	0.75	0.68	0.69	-0.77	0.67	-0.53	-0.13	0.7	0.0	-0.51	0.18	0.46	-0.6	-0.53	0.4	0.58	0.77	-0.33	0.74	-0.62	0.77	0.81
Total Current Liabilities	-0.22	0.28	0.0		-0.29	-0.41	-0.18	0.46	-0.31	0.28	-0.49	-0.16	0.48	0.16	-0.43	-0.09	0.16	0.12	-0.22	0.31	-0.38	0.78	-0.29	0.23	-0.26	-0.21
Total Stockholder Equity	0.99	-0.88	0.75	-0.29		0.93	0.96	-0.74	0.91	-0.85	-0.23	0.96	-0.19	-0.87	0.01	0.73	-0.86	-0.86	0.3	0.69	0.99	-0.74	1.0	-0.24	0.83	0.97
Net Tangible Assets	0.93	-0.9	0.68	-0.41	0.93		0.93	-0.78	0.98	-0.88	-0.25	0.93	-0.19	-0.86	0.0	0.79	-0.9	-0.86	0.36	0.62	0.93	-0.83	0.93	-0.28	0.71	0.88
Property Plant And Equipment Net	0.96	-0.88	0.69	-0.18	0.96	0.93		-0.74	0.9	-0.94	-0.27	1.0	-0.06	-0.92	0.01	0.89	-0.94	-0.91	0.11	0.72	0.93	-0.7	0.95	-0.2	0.66	0.88
Net Debt	-0.73	0.94	-0.77	0.46	-0.74	-0.78	-0.74		-0.67	0.78	-0.29	-0.73	0.21	0.53	-0.58	-0.65	0.74	0.51	-0.1	-0.33	-0.78	0.64	-0.71	0.74	-0.55	-0.66
Retained Earnings	0.92	-0.85	0.67	-0.31	0.91	0.98	0.9	-0.67		-0.8	-0.43	0.91	-0.17	-0.86	-0.19	0.74	-0.86	-0.87	0.48	0.69	0.89	-0.76	0.92	-0.19	0.74	0.89
Accounts Payable	-0.83	0.85	-0.53	0.28	-0.85	-0.88	-0.94	0.78	-0.8		0.07	-0.93	0.2	0.8	-0.2	-0.92	0.97	0.78	0.08	-0.63	-0.82	0.69	-0.83	0.29	-0.47	-0.72
Cash	-0.3	0.04	-0.13	-0.49	-0.23	-0.25	-0.27	-0.29	-0.43	0.07		-0.28	-0.2	0.4	0.93	-0.2	0.25	0.44	-0.46	-0.63	-0.13	-0.07	-0.26	-0.46	-0.25	-0.33
Non Current Assets Total	0.96	-0.88	0.7	-0.16	0.96	0.93	1.0	-0.73	0.91	-0.93	-0.28		-0.02	-0.93	0.0	0.89	-0.93	-0.92	0.12	0.72	0.92	-0.69	0.95	-0.19	0.66	0.89
Other Assets	-0.17	0.14	0.0	0.48	-0.19	-0.19	-0.06	0.21	-0.17	0.2	-0.2	-0.02		-0.2	-0.15	0.18	0.26	-0.22	-0.33	-0.23	-0.22	0.2	-0.2	0.38	-0.4	-0.21
Long Term Debt	-0.85	0.7	-0.51	0.16	-0.87	-0.86	-0.92	0.53	-0.86	0.8	0.4	-0.93	-0.2		0.19	-0.86	0.77	1.0	-0.11	-0.56	-0.83	0.74	-0.87	-0.14	-0.52	-0.78
Cash And Short Term Investments	-0.04	-0.28	0.18	-0.43	0.01	0.0	0.01	-0.58	-0.19	-0.2	0.93	0.0	-0.15	0.19		0.08	-0.04	0.23	-0.44	-0.39	0.1	-0.16	-0.03	-0.68	-0.09	-0.1
Net Receivables	0.73	-0.76	0.46	-0.09	0.73	0.79	0.89	-0.65	0.74	-0.92	-0.2	0.89	0.18	-0.86	0.08		-0.87	-0.85	-0.21	0.55	0.68	-0.6	0.71	-0.11	0.26	0.59
Common Stock Shares Outstanding	-0.87	0.86	-0.6	0.16	-0.86	-0.9	-0.94	0.74	-0.86	0.97	0.25	-0.93	0.26	0.77	-0.04	-0.87		0.77	-0.09	-0.79	-0.82	0.59	-0.85	0.32	-0.56	-0.77
Non Current Liabilities Total	-0.85	0.7	-0.53	0.12	-0.86	-0.86	-0.91	0.51	-0.87	0.78	0.44	-0.92	-0.22	1.0	0.23	-0.85	0.77		-0.13	-0.58	-0.82	0.71	-0.86	-0.15	-0.53	-0.79
Inventory	0.34	-0.24	0.4	-0.22	0.3	0.36	0.11	-0.1	0.48	0.08	-0.46	0.12	-0.33	-0.11	-0.44	-0.21	-0.09	-0.13		0.29	0.33	-0.24	0.33	-0.15	0.66	0.48
Other Current Assets	0.75	-0.59	0.58	0.31	0.69	0.62	0.72	-0.33	0.69	-0.63	-0.63	0.72	-0.23	-0.56	-0.39	0.55	-0.79	-0.58	0.29		0.61	-0.14	0.7	-0.14	0.63	0.73
Other Stockholder Equity	0.98	-0.88	0.77	-0.38	0.99	0.93	0.93	-0.78	0.89	-0.82	-0.13	0.92	-0.22	-0.83	0.1	0.68	-0.82	-0.82	0.33	0.61		-0.78	0.99	-0.3	0.85	0.96
Total Liab	-0.69	0.63	-0.33	0.78	-0.74	-0.83	-0.7	0.64	-0.76	0.69	-0.07	-0.69	0.2	0.74	-0.16	-0.6	0.59	0.71	-0.24	-0.14	-0.78		-0.75	0.07	-0.52	-0.64
Net Invested Capital	0.99	-0.85	0.74	-0.29	1.0	0.93	0.95	-0.71	0.92	-0.83	-0.26	0.95	-0.2	-0.87	-0.03	0.71	-0.85	-0.86	0.33	0.7	0.99	-0.75		-0.21	0.85	0.98
Short Long Term Debt	-0.26	0.6	-0.62	0.23	-0.24	-0.28	-0.2	0.74	-0.19	0.29	-0.46	-0.19	0.38	-0.14	-0.68	-0.11	0.32	-0.15	-0.15	-0.14	-0.3	0.07	-0.21		-0.33	-0.25
Total Current Assets	0.85	-0.68	0.77	-0.26	0.83	0.71	0.66	-0.55	0.74	-0.47	-0.25	0.66	-0.4	-0.52	-0.09	0.26	-0.56	-0.53	0.66	0.63	0.85	-0.52	0.85	-0.33		0.93
Capital Stock	0.98	-0.83	0.81	-0.21	0.97	0.88	0.88	-0.66	0.89	-0.72	-0.33	0.89	-0.21	-0.78	-0.1	0.59	-0.77	-0.79	0.48	0.73	0.96	-0.64	0.98	-0.25	0.93

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Bon Natural Account Relationship Matchups

Bon Natural fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.2M	36.4M	37.3M	46.6M	53.5M	33.3M
Short Long Term Debt Total	5.7M	3.1M	5.4M	4.2M	3.8M	4.1M
Other Current Liab	2.4M	5.1M	1.4M	4.9M	5.6M	3.4M
Total Current Liabilities	11.7M	7.5M	6.6M	9.6M	8.7M	7.3M
Total Stockholder Equity	10.5M	26.0M	29.6M	35.5M	40.8M	20.7M
Net Tangible Assets	6.7M	10.4M	25.6M	29.2M	33.6M	35.3M
Property Plant And Equipment Net	14.2M	19.4M	22.2M	21.4M	24.6M	16.4M
Net Debt	5.7M	1.2M	4.6M	4.1M	3.7M	3.6M
Retained Earnings	5.1M	9.2M	14.7M	18.7M	21.5M	22.6M
Accounts Payable	1.3M	380.4K	214.6K	1.4M	1.3M	1.3M
Cash	53.1K	1.9M	840.9K	112.8K	101.5K	96.4K
Non Current Assets Total	14.4M	19.9M	22.5M	22.4M	25.7M	17.1M
Other Assets	1.3M	49.1K	22.3K	2.8K	2.5K	2.4K
Long Term Debt	2.5M	2.2M	189.8K	871.4K	784.2K	1.4M
Cash And Short Term Investments	53.1K	3.6M	840.9K	112.8K	129.7K	123.3K
Net Receivables	5.8M	6.2M	6.8M	4.6M	5.3M	5.7M
Common Stock Shares Outstanding	521.1K	670.6K	839.6K	919.8K	827.8K	786.4K
Liabilities And Stockholders Equity	25.2M	36.4M	37.3M	46.6M	53.5M	33.3M
Non Current Liabilities Total	2.5M	2.3M	517.0K	963.1K	866.8K	1.5M
Capital Lease Obligations	33.4K	399.8K	583.7K	319.0K	366.9K	317.4K
Inventory	1.0M	1.6M	1.7M	16.1M	18.5M	19.4M
Other Current Assets	4.0M	1.1M	1.3M	3.4M	3.9M	2.0M
Other Stockholder Equity	5.3M	15.5M	15.7M	18.1M	20.8M	11.9M
Total Liab	14.2M	9.9M	7.2M	10.6M	9.5M	8.8M
Net Invested Capital	16.2M	28.7M	34.4M	39.4M	45.3M	26.1M
Short Long Term Debt	3.2M	489.4K	4.6M	3.0M	2.7M	2.5M
Total Current Assets	10.8M	16.5M	14.7M	24.2M	27.8M	16.2M
Accumulated Other Comprehensive Income	191.8K	1.3M	(827.1K)	(1.3M)	(1.2M)	(1.1M)
Capital Stock	580.0	833.0	840.0	1.2K	1.4K	817.85
Net Working Capital	(856.8K)	9.0M	8.1M	14.6M	16.8M	17.6M
Short Term Debt	3.2M	958.6K	4.9M	3.2M	2.9M	2.7M
Intangible Assets	141.0K	411.1K	366.2K	995.2K	1.1M	1.2M
Common Stock	580.0	833.0	840.0	1.2K	1.4K	817.85
Property Plant Equipment	9.5M	14.2M	19.4M	22.2M	25.5M	15.0M
Non Currrent Assets Other	510.1K	(19.8M)	(22.5M)	(22.4M)	(20.1M)	(21.1M)

Pair Trading with Bon Natural

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bon Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bon Natural will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bon Stock

0.75

Bunge Limited

Pair Corr

Moving against Bon Stock

0.81	LW	Lamb Weston Holdings	Pair Corr
0.65	PM	Philip Morris Intern	Pair Corr
0.57	K	Kellanova	Pair Corr
0.37	MO	Altria Group	Pair Corr

The ability to find closely correlated positions to Bon Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bon Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bon Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bon Natural Life to buy it.

The correlation of Bon Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Bon Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Bon Natural Life offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bon Natural's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bon Natural Life Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bon Natural Life Stock:

How To Invest In Bon

Details

Is Bon Stock a good investment?

Details

What is Bon Natural's Net Worth?

Details

Largest Packaged Foods & Meats Companies

View

Largest Food, Beverage & Tobacco Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bon Natural Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Packaged Foods & Meats 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 Bon Natural. If investors know Bon 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 Bon Natural 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

(0.41)

Earnings Share

4.75

Revenue Per Share

23.005

Quarterly Revenue Growth

(0.28)

Return On Assets

0.0388

The market value of Bon Natural Life is measured differently than its book value, which is the value of Bon that is recorded on the company's balance sheet. Investors also form their own opinion of Bon Natural's value that differs from its market value or its book value, called intrinsic value, which is Bon Natural'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 Bon Natural's market value can be influenced by many factors that don't directly affect Bon Natural'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 Bon Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bon Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bon Natural'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.

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Bon Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

Bon Natural fundamental ratios Correlations

Bon Natural Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bon Natural fundamental ratios Accounts

Pair Trading with Bon Natural

Moving together with Bon Stock

Moving against Bon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Long Term Debt
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.94	Property Plant And Equipment Net
Accounts Payable	- 0.94	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.93	Non Current Assets Total
Long Term Debt	- 0.93	Non Current Assets Total
Non Current Assets Total	- 0.93	Accounts Payable
Non Current Liabilities Total	- 0.92	Non Current Assets Total