BCB Depreciation And Amortization vs Income Tax Expense Analysis

BCBP Stock  USD 12.97  0.11  0.84%   
BCB Bancorp financial indicator trend analysis is way more than just evaluating BCB Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BCB Bancorp is a good investment. Please check the relationship between BCB Bancorp Depreciation And Amortization and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCB Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in BCB Stock, please use our How to Invest in BCB Bancorp guide.

Depreciation And Amortization vs Income Tax Expense

Depreciation And Amortization vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCB Bancorp Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BCB Bancorp's Depreciation And Amortization and Income Tax Expense is -0.07. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of BCB Bancorp, assuming nothing else is changed. The correlation between historical values of BCB Bancorp's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of BCB Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., BCB Bancorp's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Tax Expense

Most indicators from BCB Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCB Bancorp 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 BCB Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in BCB Stock, please use our How to Invest in BCB Bancorp guide.At this time, BCB Bancorp's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/21/2024, Enterprise Value Multiple is likely to grow to 14.61, while Issuance Of Capital Stock is likely to drop slightly above 880.6 K.
 2021 2022 2023 2024 (projected)
Gross Profit105.7M115.5M108.2M113.6M
Total Revenue105.7M115.5M108.2M113.6M

BCB Bancorp fundamental ratios Correlations

0.990.370.740.980.650.80.540.610.330.620.630.740.920.950.90.910.880.870.50.65-0.360.79-0.140.170.62
0.990.310.770.950.680.810.570.550.270.60.60.760.910.950.90.930.890.830.460.64-0.320.77-0.190.140.58
0.370.31-0.240.5-0.42-0.090.350.87-0.110.780.79-0.170.570.530.180.290.130.70.71-0.02-0.840.60.15-0.180.86
0.740.77-0.240.630.930.730.270.030.310.290.290.80.570.610.810.780.760.480.160.560.090.49-0.250.220.11
0.980.950.50.630.530.730.490.730.40.670.680.640.90.940.860.860.840.910.60.61-0.420.810.010.190.67
0.650.68-0.420.930.530.830.08-0.090.430.00.010.880.390.470.710.620.770.32-0.040.610.310.33-0.220.37-0.09
0.80.81-0.090.730.730.830.310.240.450.130.130.930.570.680.750.670.810.50.090.860.10.45-0.210.390.17
0.540.570.350.270.490.080.310.29-0.260.50.490.230.710.670.50.570.260.460.230.31-0.480.35-0.27-0.520.53
0.610.550.870.030.73-0.090.240.290.190.690.690.080.70.650.390.410.390.840.740.25-0.770.690.220.030.89
0.330.27-0.110.310.40.430.45-0.260.19-0.04-0.040.30.070.190.490.150.430.180.230.490.280.210.430.45-0.21
0.620.60.780.290.670.00.130.50.69-0.041.00.110.790.730.540.710.420.780.810.14-0.720.85-0.05-0.20.79
0.630.60.790.290.680.010.130.490.69-0.041.00.120.790.740.540.720.430.790.80.11-0.720.84-0.02-0.20.79
0.740.76-0.170.80.640.880.930.230.080.30.110.120.480.620.690.670.760.480.010.770.190.39-0.270.480.1
0.920.910.570.570.90.390.570.710.70.070.790.790.480.950.810.870.730.880.560.44-0.660.81-0.23-0.180.81
0.950.950.530.610.940.470.680.670.650.190.730.740.620.950.870.880.810.90.560.54-0.510.83-0.170.00.71
0.90.90.180.810.860.710.750.50.390.490.540.540.690.810.870.840.860.710.360.58-0.240.68-0.160.010.36
0.910.930.290.780.860.620.670.570.410.150.710.720.670.870.880.840.80.730.490.54-0.280.8-0.260.090.52
0.880.890.130.760.840.770.810.260.390.430.420.430.760.730.810.860.80.660.310.52-0.130.73-0.210.260.35
0.870.830.70.480.910.320.50.460.840.180.780.790.480.880.90.710.730.660.70.42-0.660.810.060.090.85
0.50.460.710.160.6-0.040.090.230.740.230.810.80.010.560.560.360.490.310.70.2-0.510.780.440.080.67
0.650.64-0.020.560.610.610.860.310.250.490.140.110.770.440.540.580.540.520.420.20.130.38-0.090.430.13
-0.36-0.32-0.840.09-0.420.310.1-0.48-0.770.28-0.72-0.720.19-0.66-0.51-0.24-0.28-0.13-0.66-0.510.13-0.510.110.54-0.89
0.790.770.60.490.810.330.450.350.690.210.850.840.390.810.830.680.80.730.810.780.38-0.51-0.10.090.69
-0.14-0.190.15-0.250.01-0.22-0.21-0.270.220.43-0.05-0.02-0.27-0.23-0.17-0.16-0.26-0.210.060.44-0.090.11-0.10.28-0.03
0.170.14-0.180.220.190.370.39-0.520.030.45-0.2-0.20.48-0.180.00.010.090.260.090.080.430.540.090.28-0.21
0.620.580.860.110.67-0.090.170.530.89-0.210.790.790.10.810.710.360.520.350.850.670.13-0.890.69-0.03-0.21
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BCB Bancorp Account Relationship Matchups

BCB Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B2.8B3.0B3.5B3.8B4.0B
Total Stockholder Equity239.5M249.2M274.0M291.3M314.1M329.8M
Net Debt(255.1M)(15.9M)(290.6M)203.5M507.2M532.5M
Cash551.1M262.0M412.4M230.1M280.3M294.3M
Other Assets2.1B2.3B2.3B3.1B3.5B3.7B
Cash And Short Term Investments642.7M361.7M497.6M321.8M279.5M161.8M
Common Stock Shares Outstanding16.4M17.2M17.2M17.3M16.9M9.8M
Liabilities And Stockholders Equity2.9B2.8B3.0B3.5B3.8B4.0B
Other Stockholder Equity(22.0M)165.4M162.8M161.6M160.6M168.6M
Total Liab296.0M246.1M121.7M3.3B3.5B3.7B
Total Current Assets651.0M374.6M506.7M335.3M279.5M252.0M
Non Current Assets Total132.8M153.2M140.5M138.8M3.6B3.7B
Non Currrent Assets Other(11.2M)(12.6M)(13.0M)(16.5M)3.4B3.6B
Property Plant And Equipment Net33.2M30.3M24.7M24.0M26.0M16.1M
Retained Earnings48.4M58.3M81.2M115.1M135.9M142.7M
Net Receivables8.3M12.9M9.2M13.5M16.1M16.9M
Property Plant And Equipment Gross33.2M30.3M42.1M24.0M45.5M47.8M
Common Stock190.3M192.3M193.9M196.2M198.9M208.9M
Short Long Term Debt Total296.0M246.1M121.7M433.6M523.8M549.9M
Total Current Liabilities13.4M15.2M12.8M30.3M2.7B2.8B
Other Liab9.9M10.3M10.4M9.7M11.2M6.8M
Accounts Payable2.4B2.3B2.6B(1.7B)(1.9B)(1.8B)
Short Term Investments91.6M99.8M85.2M91.7M262.9M276.1M
Short Term Debt13.4M15.2M12.8M13.9M21.1M23.8M
Property Plant Equipment19.9M15.3M12.2M10.5M12.1M13.1M
Long Term Debt36.8M37.0M37.3M419.8M492.4M517.1M
Non Current Liabilities Total296.0M246.1M121.7M3.2B3.5B3.7B
Inventory(561.0M)(275.3M)(421.6M)(243.6M)525K551.3K
Treasury Stock(22.0M)(26.9M)(31.1M)(34.5M)(31.1M)(32.6M)
Accumulated Other Comprehensive Income(2.2M)(205K)1.1M(6.5M)(7.5M)(7.1M)
Other Current Liab2.6B(15.2M)2.6B(13.9M)(21.1M)(20.0M)
Net Tangible Assets233.9M243.7M268.6M285.9M328.8M189.0M
Retained Earnings Total Equity48.4M58.3M81.2M115.1M132.4M139.0M
Long Term Debt Total36.8M37.0M37.3M37.5M33.8M32.1M
Capital Surpluse215.3M218.0M222.9M217.2M249.7M176.1M
Long Term Investments2.3B2.4B2.4B109.4M96.9M92.0M
Non Current Liabilities Other269.1M216.7M94.8M405.8M466.7M490.0M

Pair Trading with BCB Bancorp

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 BCB Bancorp 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 BCB Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with BCB Stock

  0.82AX Axos FinancialPairCorr
  0.79BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
The ability to find closely correlated positions to BCB Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCB Bancorp 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 BCB Bancorp - 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 BCB Bancorp to buy it.
The correlation of BCB Bancorp 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 BCB Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCB Bancorp 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 BCB Bancorp 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

Additional Tools for BCB Stock Analysis

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