BorgWarner Non Recurring vs Income Tax Expense Analysis
BWA Stock | USD 34.12 0.36 1.07% |
BorgWarner financial indicator trend analysis is way more than just evaluating BorgWarner prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BorgWarner is a good investment. Please check the relationship between BorgWarner Non Recurring and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BorgWarner. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade BorgWarner Stock refer to our How to Trade BorgWarner Stock guide.
Non Recurring vs Income Tax Expense
Non Recurring vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BorgWarner Non Recurring account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between BorgWarner's Non Recurring and Income Tax Expense is 0.37. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of BorgWarner, assuming nothing else is changed. The correlation between historical values of BorgWarner's Non Recurring 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 Non Recurring of BorgWarner 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 Non Recurring i.e., BorgWarner's Non Recurring and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Recurring
Income Tax Expense
Most indicators from BorgWarner's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BorgWarner 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 BorgWarner. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade BorgWarner Stock refer to our How to Trade BorgWarner Stock guide.At present, BorgWarner's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.09, whereas Tax Provision is forecasted to decline to about 334.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9B | 3.1B | 2.6B | 1.3B | Total Revenue | 14.8B | 15.8B | 14.2B | 14.9B |
BorgWarner fundamental ratios Correlations
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BorgWarner Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BorgWarner fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.7B | 16.0B | 16.6B | 17.0B | 14.5B | 15.2B | |
Short Long Term Debt Total | 2.0B | 3.8B | 4.3B | 4.2B | 3.9B | 4.1B | |
Other Current Liab | 54M | 1.2B | 1.2B | 1.7B | 807M | 847.4M | |
Total Current Liabilities | 2.3B | 3.8B | 3.8B | 4.2B | 3.8B | 4.0B | |
Total Stockholder Equity | 4.7B | 6.5B | 6.9B | 7.2B | 5.8B | 6.1B | |
Property Plant And Equipment Net | 2.9B | 4.6B | 4.4B | 4.4B | 3.9B | 4.1B | |
Net Debt | 1.1B | 2.1B | 2.5B | 2.9B | 2.4B | 2.5B | |
Accounts Payable | 2.0B | 2.3B | 2.2B | 2.1B | 2.5B | 2.7B | |
Cash | 832M | 1.7B | 1.8B | 1.3B | 1.5B | 1.6B | |
Non Current Assets Total | 5.9B | 9.9B | 10.0B | 10.4B | 8.2B | 4.3B | |
Non Currrent Assets Other | 302M | 493M | 531M | 516M | 168M | 159.6M | |
Cash And Short Term Investments | 832M | 1.7B | 1.8B | 1.3B | 1.5B | 1.6B | |
Net Receivables | 1.9B | 2.9B | 2.9B | 2.5B | 3.1B | 3.3B | |
Common Stock Shares Outstanding | 206.8M | 214M | 239.5M | 236.8M | 234.4M | 240.0M | |
Liabilities And Stockholders Equity | 9.7B | 16.0B | 16.6B | 17.0B | 14.5B | 15.2B | |
Non Current Liabilities Total | 2.5B | 5.5B | 5.5B | 5.3B | 4.6B | 4.9B | |
Inventory | 807M | 1.3B | 1.5B | 1.7B | 1.3B | 1.4B | |
Other Current Assets | 276M | 296M | 304M | 1.8B | 243M | 183.1M | |
Other Stockholder Equity | (512M) | 780M | 825M | 643M | 501M | 472.4M | |
Total Liab | 4.9B | 9.3B | 9.3B | 9.5B | 8.4B | 8.8B | |
Property Plant And Equipment Gross | 3.0B | 4.8B | 6.8B | 8.5B | 7.7B | 8.1B | |
Total Current Assets | 3.8B | 6.2B | 6.6B | 6.6B | 6.2B | 6.5B | |
Accumulated Other Comprehensive Income | (727M) | (651M) | (551M) | (876M) | (828M) | (786.6M) | |
Intangible Assets | 402M | 1.1B | 1.1B | 1.1B | 564M | 648.3M | |
Retained Earnings | 5.9B | 6.3B | 6.7B | 7.5B | 6.2B | 6.5B | |
Short Term Debt | 286M | 96M | 109M | 104M | 147M | 173.3M | |
Other Liab | 788M | 1.7B | 1.3B | 918M | 1.1B | 934.0M | |
Other Assets | 296M | 1.5B | 5.6B | 469M | 539.4M | 714.4M | |
Long Term Debt | 1.7B | 3.7B | 4.3B | 4.2B | 3.7B | 3.9B | |
Good Will | 1.8B | 2.6B | 3.3B | 3.4B | 3.0B | 1.7B | |
Treasury Stock | (1.6B) | (1.7B) | (1.8B) | (1.8B) | (1.6B) | (1.5B) | |
Property Plant Equipment | 2.9B | 4.6B | 4.4B | 4.6B | 5.2B | 5.5B | |
Current Deferred Revenue | 12M | 220M | 241M | 218M | 31M | 41.9M | |
Net Tangible Assets | 2.5B | 2.7B | 2.6B | 2.8B | 3.2B | 2.1B | |
Noncontrolling Interest In Consolidated Entity | 138M | 296M | 314M | 284M | 326.6M | 342.9M | |
Retained Earnings Total Equity | 5.9B | 6.3B | 6.7B | 7.5B | 8.6B | 4.6B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether BorgWarner offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BorgWarner's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Borgwarner Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Borgwarner Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BorgWarner. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade BorgWarner Stock refer to our How to Trade BorgWarner Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BorgWarner. If investors know BorgWarner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BorgWarner listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.909 | Dividend Share 0.44 | Earnings Share 4.04 | Revenue Per Share 62.37 | Quarterly Revenue Growth (0.05) |
The market value of BorgWarner is measured differently than its book value, which is the value of BorgWarner that is recorded on the company's balance sheet. Investors also form their own opinion of BorgWarner's value that differs from its market value or its book value, called intrinsic value, which is BorgWarner's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BorgWarner's market value can be influenced by many factors that don't directly affect BorgWarner's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BorgWarner's value and its price as these two are different measures arrived at by different means. Investors typically determine if BorgWarner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BorgWarner's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.