BWAY Stock | | | USD 10.00 0.16 1.63% |
Brainsway financial indicator trend analysis is way more than just evaluating Brainsway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainsway is a good investment. Please check the relationship between Brainsway Income Before Tax and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainsway Income Before Tax account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brainsway's Income Before Tax and Total Revenue is -0.06. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Brainsway, assuming nothing else is changed. The correlation between historical values of Brainsway's Income Before Tax and Total Revenue 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 Brainsway are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Brainsway's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Brainsway income statement and is an important metric when analyzing Brainsway 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.
Total Revenue
Total revenue comprises all receipts Brainsway generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Brainsway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainsway 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 Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Selling General Administrative is likely to rise to about 9
M in 2024, whereas
Tax Provision is likely to drop slightly above 275.8
K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 23.1M | 20.0M | 23.1M | 15.6M | Total Revenue | 29.7M | 27.2M | 31.8M | 17.7M |
Brainsway fundamental ratios Correlations
Click cells to compare fundamentals
Brainsway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brainsway fundamental ratios Accounts
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Additional Tools for Brainsway Stock Analysis
When running Brainsway's price analysis, check to
measure Brainsway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to
predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.