Buhler Gross Profit vs Income Before Tax Analysis

BUI Stock  CAD 2.88  0.07  2.37%   
Buhler Industries financial indicator trend analysis is way more than just evaluating Buhler Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Buhler Industries is a good investment. Please check the relationship between Buhler Industries Gross Profit and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buhler Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Buhler Industries Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Buhler Industries' Gross Profit and Income Before Tax is 0.86. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Buhler Industries, assuming nothing else is changed. The correlation between historical values of Buhler Industries' Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Buhler Industries are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Buhler Industries' Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Buhler Industries minus its cost of goods sold. It is profit before Buhler Industries 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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Buhler Industries income statement and is an important metric when analyzing Buhler Industries 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.
Most indicators from Buhler Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Buhler Industries 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 Buhler Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Buhler Industries' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Multiple is likely to grow to 15.38, while Selling General Administrative is likely to drop about 21.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit34.0M27.7M24.9M26.8M
Total Revenue239.9M238.5M274.3M244.0M

Buhler Industries fundamental ratios Correlations

0.480.770.86-0.020.40.820.840.570.080.810.29-0.250.87-0.060.540.74-0.160.980.460.20.540.54-0.79-0.580.1
0.480.510.16-0.30.820.120.34-0.020.110.230.290.260.660.280.230.670.170.540.93-0.380.430.43-0.34-0.57-0.1
0.770.510.42-0.230.650.370.930.30.30.620.13-0.360.750.160.450.880.080.790.450.480.480.48-0.68-0.730.22
0.860.160.420.390.131.00.510.79-0.060.870.07-0.390.54-0.440.290.28-0.270.770.170.060.270.27-0.55-0.190.12
-0.02-0.3-0.230.39-0.120.46-0.30.51-0.090.47-0.49-0.56-0.45-0.82-0.56-0.54-0.28-0.14-0.250.02-0.49-0.490.410.640.09
0.40.820.650.13-0.120.110.380.20.190.35-0.08-0.190.450.08-0.010.570.330.40.73-0.160.180.18-0.17-0.570.18
0.820.120.371.00.460.110.470.81-0.060.880.02-0.430.48-0.50.220.22-0.30.730.140.060.210.21-0.48-0.140.13
0.840.340.930.51-0.30.380.470.330.210.60.28-0.30.830.190.580.88-0.110.860.330.570.560.56-0.78-0.750.19
0.57-0.020.30.790.510.20.810.33-0.110.75-0.1-0.540.18-0.46-0.020.02-0.230.410.060.040.120.12-0.23-0.130.06
0.080.110.3-0.06-0.090.19-0.060.21-0.110.18-0.03-0.20.07-0.020.180.22-0.160.110.140.360.10.1-0.14-0.160.04
0.810.230.620.870.470.350.880.60.750.18-0.09-0.580.46-0.450.170.36-0.340.730.250.310.210.21-0.46-0.240.14
0.290.290.130.07-0.49-0.080.020.28-0.1-0.03-0.090.610.490.680.580.44-0.130.350.42-0.120.770.77-0.47-0.36-0.72
-0.250.26-0.36-0.39-0.56-0.19-0.43-0.3-0.54-0.2-0.580.610.090.730.280.050.09-0.150.34-0.550.440.44-0.12-0.09-0.64
0.870.660.750.54-0.450.450.480.830.180.070.460.490.090.310.670.920.00.930.610.090.660.66-0.83-0.760.05
-0.060.280.16-0.44-0.820.08-0.50.19-0.46-0.02-0.450.680.730.310.490.450.190.040.37-0.060.630.63-0.37-0.49-0.53
0.540.230.450.29-0.56-0.010.220.58-0.020.180.170.580.280.670.490.630.010.610.220.210.580.58-0.87-0.41-0.16
0.740.670.880.28-0.540.570.220.880.020.220.360.440.050.920.450.630.050.810.630.290.650.65-0.75-0.830.05
-0.160.170.08-0.27-0.280.33-0.3-0.11-0.23-0.16-0.34-0.130.090.00.190.010.05-0.13-0.04-0.31-0.1-0.1-0.02-0.10.27
0.980.540.790.77-0.140.40.730.860.410.110.730.35-0.150.930.040.610.81-0.130.50.210.580.58-0.83-0.620.1
0.460.930.450.17-0.250.730.140.330.060.140.250.420.340.610.370.220.63-0.040.5-0.350.580.58-0.36-0.58-0.35
0.2-0.380.480.060.02-0.160.060.570.040.360.31-0.12-0.550.09-0.060.210.29-0.310.21-0.35-0.02-0.02-0.22-0.10.28
0.540.430.480.27-0.490.180.210.560.120.10.210.770.440.660.630.580.65-0.10.580.58-0.021.0-0.75-0.73-0.6
0.540.430.480.27-0.490.180.210.560.120.10.210.770.440.660.630.580.65-0.10.580.58-0.021.0-0.75-0.73-0.6
-0.79-0.34-0.68-0.550.41-0.17-0.48-0.78-0.23-0.14-0.46-0.47-0.12-0.83-0.37-0.87-0.75-0.02-0.83-0.36-0.22-0.75-0.750.630.1
-0.58-0.57-0.73-0.190.64-0.57-0.14-0.75-0.13-0.16-0.24-0.36-0.09-0.76-0.49-0.41-0.83-0.1-0.62-0.58-0.1-0.73-0.730.630.0
0.1-0.10.220.120.090.180.130.190.060.040.14-0.72-0.640.05-0.53-0.160.050.270.1-0.350.28-0.6-0.60.10.0
Click cells to compare fundamentals

Buhler Industries Account Relationship Matchups

Buhler Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets227.8M224.9M231.6M232.9M267.8M223.0M
Short Long Term Debt Total37.7M38.1M7.2M39.2M45.1M29.5M
Total Current Liabilities146.3M131.5M116.1M85.3M98.1M87.7M
Total Stockholder Equity81.0M89.9M88.9M95.9M110.3M117.5M
Property Plant And Equipment Net18.0M15.8M14.4M13.1M11.8M21.9M
Net Debt38.1M7.2M39.2M10.7M12.3M11.7M
Retained Earnings51.0M50.6M58.9M65.9M75.8M88.0M
Accounts Payable104.9M74.5M75.9M71.9M82.6M60.3M
Non Current Assets Total29.6M27.5M28.8M20.5M23.5M44.9M
Net Receivables46.8M33.4M23.5M26.0M29.9M51.0M
Liabilities And Stockholders Equity262.6M227.8M224.9M231.6M266.4M221.8M
Non Current Liabilities Total454K462K26.7M51.6M46.4M48.8M
Inventory146.9M156.4M175.3M182.0M209.3M122.2M
Total Liab146.8M135.1M142.8M136.9M157.4M103.3M
Property Plant And Equipment Gross18.0M15.8M88.3M13.1M11.8M11.2M
Total Current Assets200.2M195.1M202.8M212.4M244.2M178.5M
Short Term Debt37.7M6.8M22.1M39.2M45.1M47.3M
Other Current Liab22.2M34.6M245K1.0M1.2M1.1M
Other Liab38K43K48K39K35.1K36K
Net Tangible Assets136.3M106.8M81.0M80.6M72.5M115.7M
Other Assets28.4M5.6M5.6M8.2M7.4M7.1M
Long Term Investments6.0M6.1M6.9M7.4M8.5M6.1M
Short Long Term Debt37.7M6.8M39.2M10.7M12.3M21.0M
Property Plant Equipment20.7M18.0M15.8M14.2M12.8M15.7M
Long Term Debt Total401K411K414K393K452.0K296.8K
Net Invested Capital144.9M88.2M128.0M106.7M96.0M112.0M
Net Working Capital77.6M53.9M86.7M127.1M146.1M100.5M

Pair Trading with Buhler Industries

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 Buhler Industries 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 Buhler Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Buhler Stock

  0.49GUD Knight TherapeuticsPairCorr
  0.33EDV Endeavour Mining CorpPairCorr
The ability to find closely correlated positions to Buhler Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Buhler Industries 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 Buhler Industries - 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 Buhler Industries to buy it.
The correlation of Buhler Industries 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 Buhler Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Buhler Industries 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 Buhler Industries 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 CorrelationCorrelation Matching

Other Information on Investing in Buhler Stock

Balance Sheet is a snapshot of the financial position of Buhler Industries at a specified time, usually calculated after every quarter, six months, or one year. Buhler Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Buhler Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Buhler currently owns. An asset can also be divided into two categories, current and non-current.