| BRT Stock | | | USD 20.06 0.26 1.31% |
BRT Realty financial indicator trend analysis is way more than just evaluating BRT Realty Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRT Realty Trust is a good investment. Please check the relationship between BRT Realty Tax Provision and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Tax Provision vs Income Tax Expense
Tax Provision vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BRT Realty Trust Tax Provision account and
Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BRT Realty's Tax Provision and Income Tax Expense is -0.12. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of BRT Realty Trust, assuming nothing else is changed. The correlation between historical values of BRT Realty's Tax Provision 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 Tax Provision of BRT Realty Trust 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 Tax Provision i.e., BRT Realty's Tax Provision and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.12 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.
Income Tax Expense
Most indicators from BRT Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRT Realty Trust 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 BRT Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, BRT Realty's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 15.3
M in 2024, whereas Tax Provision is likely to drop slightly above 51.3
K in 2024.
BRT Realty fundamental ratios Correlations
Click cells to compare fundamentals
BRT Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRT Realty fundamental ratios Accounts
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Additional Tools for BRT Stock Analysis
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