Brilliant Income Before Tax vs Total Revenue Analysis
BRLT Stock | USD 1.65 0.04 2.48% |
Brilliant Earth financial indicator trend analysis is way more than just evaluating Brilliant Earth Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brilliant Earth Group is a good investment. Please check the relationship between Brilliant Earth Income Before Tax and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brilliant Earth Group. 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 economic analysis.
Income Before Tax vs Total Revenue
Income Before Tax vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brilliant Earth Group Income Before Tax account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brilliant Earth's Income Before Tax and Total Revenue is 0.73. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Brilliant Earth Group, assuming nothing else is changed. The correlation between historical values of Brilliant Earth's Income Before Tax and Total Revenue 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 Before Tax of Brilliant Earth Group are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Before Tax i.e., Brilliant Earth's Income Before Tax and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Brilliant Earth income statement and is an important metric when analyzing Brilliant Earth Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts Brilliant Earth Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Brilliant Earth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brilliant Earth Group 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 Brilliant Earth Group. 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 economic analysis. Tax Provision is likely to gain to about (416.1 K) in 2024. Selling General Administrative is likely to drop to about 86.2 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 860K | 5.2M | 8.9M | 9.3M | Interest Income | 7.6M | 4.7M | 5.4M | 5.3M |
Brilliant Earth fundamental ratios Correlations
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Brilliant Earth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Brilliant Earth's price analysis, check to measure Brilliant Earth'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 Brilliant Earth is operating at the current time. Most of Brilliant Earth's value examination focuses on studying past and present price action to predict the probability of Brilliant Earth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brilliant Earth's price. Additionally, you may evaluate how the addition of Brilliant Earth to your portfolios can decrease your overall portfolio volatility.