ALEX Stock | | | USD 19.36 0.03 0.16% |
Alexander Baldwin financial indicator trend analysis is way more than just evaluating Alexander Baldwin prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alexander Baldwin is a good investment. Please check the relationship between Alexander Baldwin Income Tax Expense and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Alexander Baldwin Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Income Tax Expense vs Operating Income
Income Tax Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Alexander Baldwin Income Tax Expense account and
Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Alexander Baldwin's Income Tax Expense and Operating Income is 0.36. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Alexander Baldwin Holdings, assuming nothing else is changed. The correlation between historical values of Alexander Baldwin's Income Tax Expense 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 Tax Expense of Alexander Baldwin Holdings 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 Tax Expense i.e., Alexander Baldwin's Income Tax Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Tax Expense
Operating Income
Operating Income is the amount of profit realized from Alexander Baldwin 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 Alexander Baldwin Holdings 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 Alexander Baldwin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alexander Baldwin 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 Alexander Baldwin Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Alexander Baldwin's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 25.44 in 2024, despite the fact that
Discontinued Operations is likely to grow to (74
M).
Alexander Baldwin fundamental ratios Correlations
Click cells to compare fundamentals
Alexander Baldwin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alexander Baldwin fundamental ratios Accounts
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