Baijiayun Other Operating Expenses vs Tax Provision Analysis
RTC Stock | 9.08 0.10 1.09% |
Baijiayun financial indicator trend analysis is way more than just evaluating Baijiayun Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baijiayun Group is a good investment. Please check the relationship between Baijiayun Other Operating Expenses and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Baijiayun Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Other Operating Expenses vs Tax Provision
Other Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baijiayun Group Other Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between Baijiayun's Other Operating Expenses and Tax Provision is 0.05. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Baijiayun Group, assuming nothing else is changed. The correlation between historical values of Baijiayun's Other Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Baijiayun Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Other Operating Expenses i.e., Baijiayun's Other Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Baijiayun Group. It is also known as Baijiayun overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from Baijiayun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baijiayun Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Baijiayun Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Baijiayun's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 84.13, whereas Selling General Administrative is forecasted to decline to about 16 M.
2021 | 2022 | 2023 (projected) | Interest Expense | 341.8K | 183.3K | 511.4K | Depreciation And Amortization | 967.5K | 1.5M | 1.7M |
Baijiayun fundamental ratios Correlations
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Baijiayun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baijiayun fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 66.1M | 66.6M | 68.2M | 108.9M | 139.3M | 61.2M | |
Short Long Term Debt Total | 15.1M | 12.2M | 1.3M | 13.2M | 11.9M | 16.4M | |
Other Current Liab | 35.7M | 30.9M | 36.0M | 9.9M | 11.4M | 20.5M | |
Total Current Liabilities | 37.1M | 36.5M | 33.1M | 49.3M | 39.4M | 35.7M | |
Total Stockholder Equity | 28.6M | 29.8M | 34.9M | (12.1M) | 88.7M | 25.3M | |
Property Plant And Equipment Net | 48.2M | 43.3M | 17.0M | 1.9M | 945.0K | 830.2K | |
Current Deferred Revenue | 743.8K | 1.4M | 7.2M | 8.5M | 9.8M | 10.3M | |
Net Debt | 6.4M | (5.1M) | (15.3M) | 2.0M | 1.8M | 1.7M | |
Retained Earnings | (24.2M) | (22.2M) | (20.8M) | (18.4M) | (24.3M) | (106.2M) | |
Accounts Payable | 3.0M | 2.8M | 3.9M | 23.3M | 22.8M | 10.1M | |
Cash | 1.3M | 8.7M | 17.4M | 16.6M | 11.2M | 8.7M | |
Non Current Assets Total | 51.2M | 45.8M | 19.7M | 34.0M | 42.1M | 11.3M | |
Non Currrent Assets Other | 224.2K | 220.4K | 236.0K | 366.4K | 21.4M | 317.7K | |
Cash And Short Term Investments | 8.7M | 17.4M | 24.5M | 16.6M | 19.1M | 10.7M | |
Net Receivables | 3.4M | 3.9M | 5.0M | 22.8M | 36.9M | 24.0M | |
Liabilities And Stockholders Equity | 66.6M | 68.2M | 108.9M | 139.3M | 160.2M | 105.3M | |
Inventory | 3.6M | 3.4M | 3.9M | 1.8M | 5.6M | 4.7M | |
Other Current Assets | 6.6M | 4.8M | 22.2M | 25.8M | 4.7M | 5.3M | |
Other Stockholder Equity | 44.6M | 47.7M | (12.2M) | 66.4M | 59.8M | 33.2M | |
Total Liab | 37.5M | 36.8M | 33.3M | 118.9M | 50.2M | 36.8M | |
Total Current Assets | 14.9M | 20.8M | 48.5M | 74.9M | 97.2M | 49.9M | |
Accumulated Other Comprehensive Income | 5.5M | 5.9M | 643.7K | (3.3M) | (3.8M) | (3.7M) | |
Short Term Debt | 15.1M | 12.2M | 774.3K | 3.1M | 2.8M | 2.6M | |
Intangible Assets | 2.4M | 2.3M | 2.3M | 3.3M | 7.0M | 5.6M | |
Common Stock | 1.9M | 2.0M | 17.9M | 50.0M | 57.5M | 60.3M | |
Non Current Liabilities Total | 367.5K | 327.3K | 283.8K | 69.6M | 10.8M | 1.1M |
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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 Baijiayun Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Baijiayun'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 Baijiayun Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Baijiayun Group Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Baijiayun Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Application Software 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 Baijiayun. If investors know Baijiayun 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 Baijiayun 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 (0.31) | Earnings Share (4.25) | Revenue Per Share 3.105 | Quarterly Revenue Growth (0.25) | Return On Equity (1.46) |
The market value of Baijiayun Group is measured differently than its book value, which is the value of Baijiayun that is recorded on the company's balance sheet. Investors also form their own opinion of Baijiayun's value that differs from its market value or its book value, called intrinsic value, which is Baijiayun'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 Baijiayun's market value can be influenced by many factors that don't directly affect Baijiayun'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 Baijiayun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baijiayun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baijiayun'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.