Industrias Earnings before Tax Trend from 2010 to 2020

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IBA -- USA Stock  

USD 44.85  0.98  2.23%

Industrias Bachoco Earnings before Tax are increasing over the years with slightly volatile fluctuation. Earnings before Tax are expected to dwindle to about 4.9 B. From 2010 to 2020 Industrias Bachoco Earnings before Tax quarterly data regression line had arithmetic mean of 4,173,844,151 and slope of  412,755,970. Industrias Bachoco Interest Expense is expected to significantly increase based on the last few years of reporting. The last year's Interest Expense was at 381.99 Million. The current year Net Income to Non Controlling Interests is expected to grow to about 2.7 M, whereas Consolidated Income is expected to decline to about 3.7 B. Check Industrias Bachoco fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Consolidated Income of 3.7 B, Cost of Revenue of 50.9 B or Earning Before Interest and Taxes EBIT of 5.2 B, as well as many exotic indicators such as Asset Turnover of 1.09, Book Value per Share of 748 or Current Ratio of 3.72. This can be a perfect complement to check Industrias Bachoco Valuation or Volatility. It can also complement various Industrias Bachoco Technical models. Please see the analysis of Industrias Bachoco Correlation with competitors.

Industrias Earnings before Tax Marginal Breakdown

Showing smoothed Earnings before Tax of Industrias Bachoco S A B De C with missing and latest data points interpolated. Earnings before tax is calculated by adding income tax expense back to net income.
Earnings before Tax10 Years Trend
Slightly volatile
 Earnings before Tax 

Industrias Earnings before Tax Regression Statistics

Arithmetic Mean 4,173,844,151
Geometric Mean 3,658,024,366
Coefficient Of Variation 42.56
Mean Deviation 1,484,464,837
Median 4,948,550,011
Standard Deviation 1,776,262,664
Range 4,898,052,000
R-Value 0.77
R-Squared 0.59
Significance 0.005499
Slope 412,755,970

Industrias Earnings before Tax Over Time

2018  4,516,551,000 
2019  5,194,033,650 
2020  4,948,550,011 

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Industrias Bachoco Fundamental Drivers

Industrias Bachoco S A B De C Fundamental Market Drivers

Forward Price Earnings10.67
Average Daily Volume Last 10 Day3.78k
Shares Short Prior Month4.43k
Average Daily Volume In Three Month6.21k
Date Short InterestJanuary 31, 2020
Fifty Day Average48.80
Two Hundred Day Average51.31
Please see the analysis of Industrias Bachoco Correlation with competitors. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.