Global Income Before Tax vs Net Interest Income Analysis

GBBKW Stock  USD 0.05  0.02  47.06%   
Global Blockchain financial indicator trend analysis is much more than just examining Global Blockchain latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Blockchain is a good investment. Please check the relationship between Global Blockchain Income Before Tax and its Net Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blockchain Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Blockchain Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Global Blockchain's Income Before Tax and Net Interest Income is 0.93. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Global Blockchain Acquisition, assuming nothing else is changed. The correlation between historical values of Global Blockchain's Income Before Tax and Net Interest 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 Global Blockchain Acquisition are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., Global Blockchain's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Global Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Blockchain 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Blockchain Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Tax Provision is likely to drop to about 1 M in 2024. Selling General Administrative is likely to drop to about 606.9 K in 2024
 2010 2023 2024 (projected)
Net Interest Income2.5M6.7M5.1M
Tax Provision486.6K1.4M1.0M

Global Blockchain fundamental ratios Correlations

-0.080.180.181.0-0.920.40.791.01.00.790.75-0.190.95-0.480.181.0-0.080.951.00.2-0.081.00.09-0.08
-0.08-0.95-0.73-0.070.450.820.4-0.08-0.080.4-0.61-0.92-0.380.86-0.73-0.071.0-0.27-0.080.891.0-0.08-0.881.0
0.18-0.950.910.17-0.55-0.83-0.410.180.18-0.410.540.930.44-0.950.910.16-0.950.270.18-0.93-0.950.180.98-0.95
0.18-0.730.910.17-0.51-0.76-0.460.180.18-0.460.290.840.36-0.881.00.17-0.730.150.18-0.86-0.730.180.96-0.73
1.0-0.070.170.17-0.920.420.81.01.00.80.74-0.20.95-0.470.171.0-0.070.951.00.21-0.071.00.08-0.07
-0.920.45-0.55-0.51-0.92-0.02-0.51-0.92-0.92-0.51-0.85-0.21-0.980.79-0.51-0.910.45-0.92-0.920.20.45-0.92-0.460.45
0.40.82-0.83-0.760.42-0.020.850.40.40.85-0.05-0.970.140.61-0.760.420.820.30.40.980.820.4-0.870.82
0.790.4-0.41-0.460.8-0.510.850.790.791.00.48-0.70.630.12-0.460.80.40.760.790.720.40.79-0.520.4
1.0-0.080.180.181.0-0.920.40.791.00.790.75-0.180.95-0.480.181.0-0.080.951.00.2-0.081.00.09-0.08
1.0-0.080.180.181.0-0.920.40.791.00.790.75-0.180.95-0.480.181.0-0.080.951.00.2-0.081.00.09-0.08
0.790.4-0.41-0.460.8-0.510.851.00.790.790.48-0.70.630.12-0.460.80.40.760.790.720.40.79-0.520.4
0.75-0.610.540.290.74-0.85-0.050.480.750.750.480.270.9-0.710.290.74-0.610.910.75-0.22-0.610.750.38-0.61
-0.19-0.920.930.84-0.2-0.21-0.97-0.7-0.18-0.18-0.70.270.09-0.770.84-0.2-0.92-0.07-0.18-1.0-0.92-0.180.95-0.92
0.95-0.380.440.360.95-0.980.140.630.950.950.630.90.09-0.70.360.95-0.380.970.95-0.07-0.380.950.33-0.38
-0.480.86-0.95-0.88-0.470.790.610.12-0.48-0.480.12-0.71-0.77-0.7-0.88-0.470.86-0.54-0.480.760.86-0.48-0.910.86
0.18-0.730.911.00.17-0.51-0.76-0.460.180.18-0.460.290.840.36-0.880.17-0.730.150.18-0.86-0.730.180.96-0.73
1.0-0.070.160.171.0-0.910.420.81.01.00.80.74-0.20.95-0.470.17-0.070.951.00.22-0.071.00.07-0.07
-0.081.0-0.95-0.73-0.070.450.820.4-0.08-0.080.4-0.61-0.92-0.380.86-0.73-0.07-0.27-0.080.891.0-0.08-0.881.0
0.95-0.270.270.150.95-0.920.30.760.950.950.760.91-0.070.97-0.540.150.95-0.270.950.1-0.270.950.14-0.27
1.0-0.080.180.181.0-0.920.40.791.01.00.790.75-0.180.95-0.480.181.0-0.080.950.2-0.081.00.09-0.08
0.20.89-0.93-0.860.210.20.980.720.20.20.72-0.22-1.0-0.070.76-0.860.220.890.10.20.890.2-0.950.89
-0.081.0-0.95-0.73-0.070.450.820.4-0.08-0.080.4-0.61-0.92-0.380.86-0.73-0.071.0-0.27-0.080.89-0.08-0.881.0
1.0-0.080.180.181.0-0.920.40.791.01.00.790.75-0.180.95-0.480.181.0-0.080.951.00.2-0.080.09-0.08
0.09-0.880.980.960.08-0.46-0.87-0.520.090.09-0.520.380.950.33-0.910.960.07-0.880.140.09-0.95-0.880.09-0.88
-0.081.0-0.95-0.73-0.070.450.820.4-0.08-0.080.4-0.61-0.92-0.380.86-0.73-0.071.0-0.27-0.080.891.0-0.08-0.88
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Global Blockchain Account Relationship Matchups

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When running Global Blockchain's price analysis, check to measure Global Blockchain'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 Global Blockchain is operating at the current time. Most of Global Blockchain's value examination focuses on studying past and present price action to predict the probability of Global Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Blockchain's price. Additionally, you may evaluate how the addition of Global Blockchain to your portfolios can decrease your overall portfolio volatility.