BDX Stock | | | USD 228.49 0.00 0.00% |
Becton Dickinson financial indicator trend analysis is way more than just evaluating Becton Dickinson prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Becton Dickinson is a good investment. Please check the relationship between Becton Dickinson Operating Income and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Becton Dickinson and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Operating Income vs Net Income From Continuing Ops
Operating Income vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Becton Dickinson Operating Income account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Becton Dickinson's Operating Income and Net Income From Continuing Ops is 0.61. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Becton Dickinson and, assuming nothing else is changed. The correlation between historical values of Becton Dickinson's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Becton Dickinson and are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Becton Dickinson's Operating Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Becton Dickinson 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 Becton Dickinson and 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.
Net Income From Continuing Ops
Most indicators from Becton Dickinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Becton Dickinson 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 Becton Dickinson and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, Becton Dickinson's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to rise to about 172.7
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (39.3
M).
Becton Dickinson fundamental ratios Correlations
Click cells to compare fundamentals
Becton Dickinson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Becton Dickinson fundamental ratios Accounts
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