Bon Operating Income vs Gross Profit 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 Operating Income and its Gross Profit 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.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bon Natural Life Operating Income account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Bon Natural's Operating Income and Gross Profit is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit 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 Operating Income and Gross Profit 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 Bon Natural Life are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Bon Natural's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Bon Natural Life 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 Bon Natural Life 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bon Natural Life minus its cost of goods sold. It is profit before Bon Natural operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 |
Bon Natural fundamental ratios Correlations
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Bon Natural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
Moving against Bon Stock
0.81 | LW | Lamb Weston Holdings | PairCorr |
0.65 | PM | Philip Morris Intern | PairCorr |
0.57 | K | Kellanova | PairCorr |
0.37 | MO | Altria Group | PairCorr |
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.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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.