BYL Stock | | | CAD 0.41 0.01 2.38% |
Baylin Technologies financial indicator trend analysis is way more than just evaluating Baylin Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baylin Technologies is a good investment. Please check the relationship between Baylin Technologies Income Before Tax and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baylin Technologies. 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 Operating Income
Income Before Tax vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baylin Technologies Income Before Tax account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Baylin Technologies' Income Before Tax and Operating Income is 0.92. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Baylin Technologies, assuming nothing else is changed. The correlation between historical values of Baylin Technologies' Income Before Tax and Operating Income 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 Baylin Technologies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Income Before Tax i.e., Baylin Technologies' Income Before Tax and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Baylin Technologies income statement and is an important metric when analyzing Baylin Technologies 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.
Operating Income
Operating Income is the amount of profit realized from Baylin Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Baylin Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Baylin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baylin Technologies 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 Baylin Technologies. 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, Baylin Technologies'
Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 176.98, while
Tax Provision is likely to drop about 138.7
K.
Baylin Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Baylin Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baylin Technologies fundamental ratios Accounts
Other Information on Investing in Baylin Stock
Balance Sheet is a snapshot of the
financial position of Baylin Technologies at a specified time, usually calculated after every quarter, six months, or one year. Baylin Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Baylin Technologies 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 Baylin currently owns. An asset can also be divided into two categories, current and non-current.