Babcock Income Tax Expense vs Gross Profit Analysis

BW Stock  USD 1.23  0.05  4.24%   
Babcock Wilcox financial indicator trend analysis is way more than just evaluating Babcock Wilcox Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Babcock Wilcox Enter is a good investment. Please check the relationship between Babcock Wilcox Income Tax Expense and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

Income Tax Expense vs Gross Profit

Income Tax Expense vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Babcock Wilcox Enter Income Tax Expense account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Babcock Wilcox's Income Tax Expense and Gross Profit is 0.1. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Babcock Wilcox Enterprises, assuming nothing else is changed. The correlation between historical values of Babcock Wilcox's Income Tax Expense and Gross Profit 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 Tax Expense of Babcock Wilcox Enterprises are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Tax Expense i.e., Babcock Wilcox's Income Tax Expense and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Tax Expense

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Babcock Wilcox Enterprises minus its cost of goods sold. It is profit before Babcock Wilcox operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Babcock Wilcox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Babcock Wilcox Enter 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 Babcock Wilcox Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
At this time, Babcock Wilcox's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to climb to about 12.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 169.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense39.4M45M49.9M31.4M
Depreciation And Amortization18.3M24M21.0M22.2M

Babcock Wilcox fundamental ratios Correlations

-0.620.8-0.77-0.75-0.63-0.74-0.65-0.740.77-0.69-0.3-0.580.19-0.620.9-0.31-0.67-0.27-0.540.83-0.060.320.920.290.14
-0.62-0.810.40.390.960.510.830.86-0.850.680.690.98-0.440.84-0.780.690.820.820.59-0.570.51-0.37-0.71-0.310.23
0.8-0.81-0.54-0.5-0.85-0.57-0.79-0.880.92-0.63-0.6-0.770.39-0.530.9-0.61-0.62-0.41-0.420.86-0.310.460.850.52-0.11
-0.770.4-0.540.80.290.750.20.49-0.40.77-0.070.38-0.20.49-0.69-0.060.710.30.49-0.53-0.130.22-0.760.25-0.02
-0.750.39-0.50.80.280.60.280.59-0.360.84-0.10.37-0.210.57-0.65-0.090.740.260.58-0.73-0.170.15-0.710.26-0.15
-0.630.96-0.850.290.280.420.920.85-0.930.550.770.93-0.440.71-0.790.780.660.680.47-0.620.6-0.54-0.68-0.560.25
-0.740.51-0.570.750.60.420.220.41-0.530.50.260.480.080.53-0.610.250.640.420.37-0.47-0.37-0.08-0.790.09-0.41
-0.650.83-0.790.20.280.920.220.79-0.850.480.650.81-0.430.65-0.740.670.520.470.45-0.690.66-0.65-0.65-0.660.32
-0.740.86-0.880.490.590.850.410.79-0.840.80.520.82-0.540.72-0.880.540.760.520.6-0.780.44-0.34-0.76-0.330.14
0.77-0.850.92-0.4-0.36-0.93-0.53-0.85-0.84-0.51-0.79-0.770.32-0.570.89-0.8-0.56-0.42-0.310.74-0.440.590.730.65-0.12
-0.690.68-0.630.770.840.550.50.480.8-0.510.080.67-0.460.75-0.780.090.930.60.74-0.650.210.17-0.70.170.09
-0.30.69-0.6-0.07-0.10.770.260.650.52-0.790.080.59-0.10.39-0.481.00.230.34-0.05-0.330.42-0.69-0.31-0.60.18
-0.580.98-0.770.380.370.930.480.810.82-0.770.670.59-0.450.85-0.710.590.820.870.68-0.520.5-0.3-0.7-0.270.23
0.19-0.440.39-0.2-0.21-0.440.08-0.43-0.540.32-0.46-0.1-0.45-0.250.34-0.11-0.41-0.39-0.150.31-0.670.20.220.16-0.4
-0.620.84-0.530.490.570.710.530.650.72-0.570.750.390.85-0.25-0.640.380.890.790.79-0.420.27-0.14-0.690.080.06
0.9-0.780.9-0.69-0.65-0.79-0.61-0.74-0.880.89-0.78-0.48-0.710.34-0.64-0.5-0.74-0.41-0.510.82-0.30.320.840.38-0.02
-0.310.69-0.61-0.06-0.090.780.250.670.54-0.80.091.00.59-0.110.38-0.50.230.33-0.04-0.350.43-0.7-0.33-0.620.19
-0.670.82-0.620.710.740.660.640.520.76-0.560.930.230.82-0.410.89-0.740.230.810.77-0.520.190.07-0.740.190.02
-0.270.82-0.410.30.260.680.420.470.52-0.420.60.340.87-0.390.79-0.410.330.810.65-0.150.360.05-0.430.120.16
-0.540.59-0.420.490.580.470.370.450.6-0.310.74-0.050.68-0.150.79-0.51-0.040.770.65-0.390.140.25-0.610.170.05
0.83-0.570.86-0.53-0.73-0.62-0.47-0.69-0.780.74-0.65-0.33-0.520.31-0.420.82-0.35-0.52-0.15-0.39-0.150.390.790.430.0
-0.060.51-0.31-0.13-0.170.6-0.370.660.44-0.440.210.420.5-0.670.27-0.30.430.190.360.14-0.15-0.34-0.02-0.520.74
0.32-0.370.460.220.15-0.54-0.08-0.65-0.340.590.17-0.69-0.30.2-0.140.32-0.70.070.050.250.39-0.340.30.760.01
0.92-0.710.85-0.76-0.71-0.68-0.79-0.65-0.760.73-0.7-0.31-0.70.22-0.690.84-0.33-0.74-0.43-0.610.79-0.020.30.180.08
0.29-0.310.520.250.26-0.560.09-0.66-0.330.650.17-0.6-0.270.160.080.38-0.620.190.120.170.43-0.520.760.18-0.17
0.140.23-0.11-0.02-0.150.25-0.410.320.14-0.120.090.180.23-0.40.06-0.020.190.020.160.050.00.740.010.08-0.17
Click cells to compare fundamentals

Babcock Wilcox Account Relationship Matchups

Babcock Wilcox fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding31.5M48.7M83.6M88.3M89.0M93.5M
Total Assets626.4M591.8M913.3M942.7M775.7M867.6M
Short Long Term Debt Total317.8M388.3M402.8M411.9M436.3M242.1M
Other Current Liab130M129.3M80.3M90.3M130.1M112.0M
Total Current Liabilities602.5M270.8M253.4M372M350.2M399.3M
Total Stockholder Equity(296.4M)(339.4M)33.1M(2.6M)(201.0M)(190.9M)
Other Liab280.1M274.9M217.3M170.0M153.0M226.2M
Property Plant And Equipment Net90.9M109.6M95.9M115.8M106.6M100.2M
Current Deferred Revenue75.3M64M68.4M133.4M81.1M113.2M
Net Debt274M331M177.9M335.2M365.3M383.6M
Accounts Payable109.9M73.5M85.9M139.2M127.5M123.1M
Cash43.8M57.3M224.9M76.7M71.0M105.6M
Non Current Assets Total214.4M203.1M330.9M385.1M278.1M352.6M
Non Currrent Assets Other32.3M35.9M54.8M(1.6M)14.5M24.9M
Other Assets(200K)(100K)42.6M52M1.00.95
Cash And Short Term Investments43.8M57.3M224.9M76.7M71.0M106.7M
Net Receivables257.1M223M246.9M335.9M270.2M294.6M
Good Will47.2M47.4M116.5M157M102.0M110.8M
Liabilities And Stockholders Equity626.4M591.8M913.3M942.7M775.7M867.6M
Non Current Liabilities Total318.9M659.3M601.3M572.8M625.9M476.7M
Inventory63.1M67.2M79.5M102.6M113.9M69.0M
Other Current Assets26.9M26.5M29.3M27.1M42.4M32.9M
Other Stockholder Equity1.0B1.1B1.4B1.4B1.4B1.1B
Total Liab921.4M930.1M854.7M944.8M976.0M1.0B
Property Plant And Equipment Gross90.9M109.6M95.9M115.8M262.8M153.4M
Total Current Assets412.2M388.8M582.4M557.6M497.6M515.0M
Accumulated Other Comprehensive Income1.9M(52.4M)(58.8M)(72.8M)(66.4M)(69.7M)
Short Term Debt287.3M4M18.8M9.1M11.5M10.9M
Intangible Assets25.3M23.9M43.8M60.3M45.6M48.6M
Property Plant Equipment109.6M95.9M115.8M115.8M104.2M99.5M
Net Tangible Assets(368.8M)(410.6M)(127.2M)(219.9M)(197.9M)(188.0M)
Retained Earnings(1.3B)(1.4B)(1.3B)(1.4B)(1.6B)(1.5B)
Short Long Term Debt176.2M283.0M12.4M4.3M6.2M5.9M
Common Stock1.7M4.7M4.8M5.1M5.1M4.9M
Noncontrolling Interest In Consolidated Entity1.4M1.1M25.5M485K557.8K529.9K
Common Stock Total Equity4.7M4.8M5.1M5.1M5.9M3.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Babcock Wilcox in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Babcock Wilcox's short interest history, or implied volatility extrapolated from Babcock Wilcox options trading.

Pair Trading with Babcock Wilcox

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Babcock Wilcox position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Babcock Wilcox will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Babcock Wilcox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Babcock Wilcox when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Babcock Wilcox - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Babcock Wilcox Enterprises to buy it.
The correlation of Babcock Wilcox is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Babcock Wilcox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Babcock Wilcox Enter moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Babcock Wilcox can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Babcock Wilcox Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Babcock Wilcox'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 Babcock Wilcox Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Babcock Wilcox Enterprises Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Babcock Wilcox's industry 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 Babcock Wilcox. If investors know Babcock 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 Babcock Wilcox 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
(0.94)
Earnings Share
(1.05)
Revenue Per Share
11.227
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.01)
The market value of Babcock Wilcox Enter is measured differently than its book value, which is the value of Babcock that is recorded on the company's balance sheet. Investors also form their own opinion of Babcock Wilcox's value that differs from its market value or its book value, called intrinsic value, which is Babcock Wilcox'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 Babcock Wilcox's market value can be influenced by many factors that don't directly affect Babcock Wilcox'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 Babcock Wilcox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Babcock Wilcox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Babcock Wilcox'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.