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 Reconciled Depreciation and its Income Before Tax 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.
Reconciled Depreciation vs Income Before Tax
Reconciled Depreciation vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bravura Solutions Reconciled Depreciation account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bravura Solutions' Reconciled Depreciation and Income Before Tax is -0.35. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax 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' Reconciled Depreciation 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 Reconciled Depreciation of Bravura Solutions 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 Reconciled Depreciation i.e., Bravura Solutions' Reconciled Depreciation and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
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.
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.
Bravura Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Bravura Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bravura Solutions fundamental ratios Accounts
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Additional Tools for Bravura Stock Analysis
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