Bravura Income Before Tax vs Tax Provision Analysis

BVS Stock

1.54 0.01 0.65%

Bravura Solutions financial indicator trend analysis is way more than just evaluating Bravura Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bravura Solutions is a good investment. Please check the relationship between Bravura Solutions Income Before Tax and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bravura Solutions. 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.

Income Before Tax vs Tax Provision

Income Before Tax vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bravura Solutions Income Before Tax account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.

The correlation between Bravura Solutions' Income Before Tax and Tax Provision is 0.71. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Bravura Solutions, assuming nothing else is changed. The correlation between historical values of Bravura Solutions' Income Before Tax and Tax Provision 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 Bravura Solutions are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Income Before Tax i.e., Bravura Solutions' Income Before Tax and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bravura Solutions income statement and is an important metric when analyzing Bravura Solutions 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.

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.

Most indicators from Bravura Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bravura Solutions 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 Bravura Solutions. 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, Bravura Solutions' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 98.5 M in 2024, whereas Tax Provision is likely to drop slightly above 4.2 M in 2024.

	2023	2024 (projected)
Cost Of Revenue	210.0M	128.7M
Research Development	35.8M	37.6M

Cost Of Revenue Research Development

Bravura Solutions fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Short Term Investments	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.54	0.63	0.94	0.84	0.03	0.34	0.62	0.36	0.7	0.69	0.74	0.79	0.5	0.76	0.58	0.8	-0.14	-0.12	0.82	-0.44	0.73	-0.82	0.62	0.11	0.02
Other Current Liab	0.54		0.7	0.56	0.36	-0.28	0.48	0.78	0.25	0.51	0.04	0.57	0.6	0.14	0.05	0.57	0.3	-0.28	-0.42	0.24	-0.76	-0.02	-0.12	0.78	-0.34	-0.28
Total Current Liabilities	0.63	0.7		0.52	0.6	-0.49	0.77	0.5	0.14	0.84	0.19	0.79	0.84	0.51	0.28	0.67	0.56	-0.3	-0.22	0.46	-0.42	0.11	-0.32	0.48	-0.14	-0.03
Total Stockholder Equity	0.94	0.56	0.52		0.81	0.09	0.19	0.64	0.42	0.63	0.6	0.71	0.74	0.18	0.77	0.62	0.76	-0.06	-0.32	0.8	-0.62	0.7	-0.82	0.65	-0.18	-0.28
Other Liab	0.84	0.36	0.6	0.81		-0.05	0.26	0.5	0.02	0.62	0.6	0.72	0.76	0.37	0.72	0.56	0.77	-0.3	-0.11	0.8	-0.41	0.64	-0.84	0.48	-0.03	-0.03
Retained Earnings	0.03	-0.28	-0.49	0.09	-0.05		-0.77	-0.35	0.31	-0.48	0.63	-0.5	-0.46	-0.13	0.35	-0.71	-0.38	0.2	0.21	-0.13	0.34	0.57	-0.3	-0.27	0.21	0.23
Accounts Payable	0.34	0.48	0.77	0.19	0.26	-0.77		0.41	-0.14	0.76	-0.16	0.71	0.76	0.49	-0.04	0.65	0.47	-0.22	-0.03	0.32	-0.27	-0.18	-0.01	0.38	0.0	0.06
Cash	0.62	0.78	0.5	0.64	0.5	-0.35	0.41		0.19	0.44	0.0	0.7	0.63	0.17	0.07	0.71	0.55	-0.22	-0.29	0.47	-0.86	0.04	-0.22	0.99	-0.18	-0.27
Other Assets	0.36	0.25	0.14	0.42	0.02	0.31	-0.14	0.19		0.09	0.32	0.14	0.0	-0.03	0.29	0.08	0.13	0.29	-0.17	0.12	-0.22	0.25	-0.18	0.19	-0.16	-0.19
Net Receivables	0.7	0.51	0.84	0.63	0.62	-0.48	0.76	0.44	0.09		0.19	0.85	0.9	0.42	0.49	0.76	0.8	-0.13	-0.36	0.76	-0.39	0.33	-0.53	0.42	-0.1	-0.17
Good Will	0.69	0.04	0.19	0.6	0.6	0.63	-0.16	0.0	0.32	0.19		0.17	0.27	0.45	0.8	-0.13	0.29	-0.09	0.29	0.44	0.17	0.9	-0.79	0.04	0.37	0.41
Short Term Investments	0.74	0.57	0.79	0.71	0.72	-0.5	0.71	0.7	0.14	0.85	0.17		0.93	0.33	0.4	0.84	0.84	-0.23	-0.3	0.76	-0.62	0.26	-0.51	0.7	-0.19	-0.22
Other Current Assets	0.79	0.6	0.84	0.74	0.76	-0.46	0.76	0.63	0.0	0.9	0.27	0.93		0.42	0.49	0.81	0.8	-0.24	-0.22	0.74	-0.55	0.35	-0.56	0.63	-0.13	-0.15
Total Liab	0.5	0.14	0.51	0.18	0.37	-0.13	0.49	0.17	-0.03	0.42	0.45	0.33	0.42		0.24	0.12	0.38	-0.25	0.48	0.33	0.3	0.31	-0.29	0.13	0.77	0.77
Intangible Assets	0.76	0.05	0.28	0.77	0.72	0.35	-0.04	0.07	0.29	0.49	0.8	0.4	0.49	0.24		0.25	0.63	-0.05	0.0	0.74	-0.06	0.91	-0.94	0.08	0.09	-0.02
Common Stock	0.58	0.57	0.67	0.62	0.56	-0.71	0.65	0.71	0.08	0.76	-0.13	0.84	0.81	0.12	0.25		0.81	-0.15	-0.47	0.64	-0.73	0.02	-0.31	0.64	-0.36	-0.48
Property Plant Equipment	0.8	0.3	0.56	0.76	0.77	-0.38	0.47	0.55	0.13	0.8	0.29	0.84	0.8	0.38	0.63	0.81		-0.13	-0.26	0.94	-0.43	0.48	-0.7	0.5	0.03	-0.17
Common Stock Shares Outstanding	-0.14	-0.28	-0.3	-0.06	-0.3	0.2	-0.22	-0.22	0.29	-0.13	-0.09	-0.23	-0.24	-0.25	-0.05	-0.15	-0.13		-0.25	-0.13	0.1	-0.04	0.13	-0.23	-0.12	-0.25
Short Long Term Debt Total	-0.12	-0.42	-0.22	-0.32	-0.11	0.21	-0.03	-0.29	-0.17	-0.36	0.29	-0.3	-0.22	0.48	0.0	-0.47	-0.26	-0.25		-0.23	0.6	0.08	0.1	-0.28	0.69	0.77
Property Plant And Equipment Net	0.82	0.24	0.46	0.8	0.8	-0.13	0.32	0.47	0.12	0.76	0.44	0.76	0.74	0.33	0.74	0.64	0.94	-0.13	-0.23		-0.37	0.67	-0.84	0.46	0.07	-0.14
Net Debt	-0.44	-0.76	-0.42	-0.62	-0.41	0.34	-0.27	-0.86	-0.22	-0.39	0.17	-0.62	-0.55	0.3	-0.06	-0.73	-0.43	0.1	0.6	-0.37		0.07	0.16	-0.85	0.66	0.7
Non Current Assets Total	0.73	-0.02	0.11	0.7	0.64	0.57	-0.18	0.04	0.25	0.33	0.9	0.26	0.35	0.31	0.91	0.02	0.48	-0.04	0.08	0.67	0.07		-0.92	0.08	0.3	0.2
Non Currrent Assets Other	-0.82	-0.12	-0.32	-0.82	-0.84	-0.3	-0.01	-0.22	-0.18	-0.53	-0.79	-0.51	-0.56	-0.29	-0.94	-0.31	-0.7	0.13	0.1	-0.84	0.16	-0.92		-0.24	-0.11	-0.01
Cash And Short Term Investments	0.62	0.78	0.48	0.65	0.48	-0.27	0.38	0.99	0.19	0.42	0.04	0.7	0.63	0.13	0.08	0.64	0.5	-0.23	-0.28	0.46	-0.85	0.08	-0.24		-0.19	-0.27
Non Current Liabilities Total	0.11	-0.34	-0.14	-0.18	-0.03	0.21	0.0	-0.18	-0.16	-0.1	0.37	-0.19	-0.13	0.77	0.09	-0.36	0.03	-0.12	0.69	0.07	0.66	0.3	-0.11	-0.19		0.91
Other Stockholder Equity	0.02	-0.28	-0.03	-0.28	-0.03	0.23	0.06	-0.27	-0.19	-0.17	0.41	-0.22	-0.15	0.77	-0.02	-0.48	-0.17	-0.25	0.77	-0.14	0.7	0.2	-0.01	-0.27	0.91

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Bravura Solutions Account Relationship Matchups

Bravura Solutions fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	434.8M	465.9M	456.7M	258.4M	229.2M	252.2M
Other Current Liab	29.0M	34.7M	34.5M	45.5M	30.8M	34.8M
Total Current Liabilities	74.4M	80M	81.0M	101.4M	78.5M	66.4M
Total Stockholder Equity	310.8M	329.8M	334.9M	125.9M	133.7M	147.1M
Other Liab	15.1M	19.1M	12.0M	6.5M	7.4M	7.5M
Retained Earnings	(53.6M)	(39.0M)	(33.2M)	(321.9M)	(313.1M)	(297.5M)
Accounts Payable	5.7M	5.5M	6.9M	12.0M	9.6M	6.3M
Cash	99.1M	73.6M	48.7M	75.7M	90.0M	94.5M
Other Assets	10.5M	1.0	10.3M	1.8M	3.3M	5.6M
Net Receivables	57.7M	60.8M	68.8M	82.8M	55.7M	41.3M
Short Term Investments	2.1M	1.5M	1.5M	1.8M	2.0M	1.1M
Other Current Assets	8.0M	10.3M	9.3M	10.5M	9.2M	5.4M
Total Liab	124.1M	136.1M	121.8M	132.5M	95.5M	105.1M
Intangible Assets	196.2M	252.6M	264.1M	36.4M	35.6M	33.8M
Common Stock	351.7M	354.6M	357.6M	432.9M	497.8M	522.7M
Property Plant Equipment	63.4M	54.4M	49.0M	38.6M	44.4M	46.6M
Short Long Term Debt Total	42.3M	36.8M	30.6M	27.8M	17.4M	16.5M
Property Plant And Equipment Net	63.4M	54.4M	49.0M	38.6M	27.8M	29.8M
Net Debt	(56.8M)	(36.8M)	(18.1M)	(48.0M)	(72.6M)	(68.9M)
Non Current Assets Total	270.1M	321.1M	329.9M	89.3M	74.4M	70.7M
Non Currrent Assets Other	(135.5M)	(164.6M)	(163.0M)	8.6M	7.2M	7.6M
Cash And Short Term Investments	99.1M	73.6M	48.7M	75.7M	90.0M	63.5M
Liabilities And Stockholders Equity	434.8M	465.9M	456.7M	258.4M	229.2M	308.5M
Non Current Liabilities Total	49.6M	56.1M	40.9M	31.0M	20.3M	33.2M
Other Stockholder Equity	12.7M	14.2M	10.5M	7.3M	(1.0)	(0.95)
Total Current Assets	164.8M	144.7M	126.8M	169.1M	154.8M	119.4M
Accumulated Other Comprehensive Income	12.7M	14.2M	10.5M	14.9M	13.9M	14.5M
Short Term Debt	7.8M	7.9M	8.3M	7.1M	4.6M	4.1M
Net Tangible Assets	114.5M	77.2M	70.8M	89.5M	102.9M	108.1M
Inventory	6.4M	10.9M	13.5M	13.9M	15.9M	16.7M
Current Deferred Revenue	31.5M	31.7M	30.9M	36.5M	33.1M	35.4M
Long Term Debt Total	34.5M	28.9M	22.3M	20.7M	18.6M	21.6M
Property Plant And Equipment Gross	63.4M	114.6M	121.6M	125.6M	102.5M	71.0M
Net Invested Capital	310.8M	329.8M	334.9M	125.9M	133.7M	242.6M

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