Borealis Ebit vs Operating Income Analysis
BRLS Stock | 5.67 0.01 0.18% |
Borealis Foods financial indicator trend analysis is way more than just evaluating Borealis Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Borealis Foods is a good investment. Please check the relationship between Borealis Foods Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borealis Foods. 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. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Borealis Foods Ebit account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Borealis Foods' Ebit and Operating Income is 0.18. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Borealis Foods, assuming nothing else is changed. The correlation between historical values of Borealis Foods' Ebit and Operating 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 Ebit of Borealis Foods are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Borealis Foods' Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ebit
Operating Income
Operating Income is the amount of profit realized from Borealis Foods 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 Borealis Foods 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.Most indicators from Borealis Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Borealis Foods 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 Borealis Foods. 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. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.Enterprise Value is likely to gain to about 167.4 M in 2024, whereas Tax Provision is likely to drop slightly above 41.3 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 264.7K | 3.2M | 3.7M | 1.9M | Depreciation And Amortization | 2.1M | 3.5M | 167.9K | 159.5K |
Borealis Foods fundamental ratios Correlations
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Borealis Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Borealis Stock Analysis
When running Borealis Foods' price analysis, check to measure Borealis Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Borealis Foods is operating at the current time. Most of Borealis Foods' value examination focuses on studying past and present price action to predict the probability of Borealis Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borealis Foods' price. Additionally, you may evaluate how the addition of Borealis Foods to your portfolios can decrease your overall portfolio volatility.