Bogota Depreciation And Amortization vs Income Tax Expense Analysis

BSBK Stock  USD 8.35  0.22  2.57%   
Bogota Financial financial indicator trend analysis is way more than just evaluating Bogota Financial Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bogota Financial Corp is a good investment. Please check the relationship between Bogota Financial 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 Bogota Financial Corp. 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.

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 Bogota Financial Corp Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bogota Financial's Depreciation And Amortization and Income Tax Expense is -0.22. 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 Bogota Financial Corp, assuming nothing else is changed. The correlation between historical values of Bogota Financial'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 Bogota Financial Corp 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., Bogota Financial's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.22
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 Bogota Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bogota Financial Corp 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 Bogota Financial Corp. 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.
At this time, Bogota Financial's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 694.1 M this year, although Enterprise Value will most likely fall to about 228.9 M.
 2021 2022 2023 2024 (projected)
Net Interest Income19.3M23.1M18.1M17.0M
Tax Provision1.9M2.6M1.1M1.4M

Bogota Financial fundamental ratios Correlations

0.85-0.420.90.090.910.910.380.990.920.290.590.60.860.720.190.960.680.920.440.450.870.020.920.90.92
0.85-0.330.68-0.050.740.710.680.830.9-0.110.580.590.970.87-0.130.910.380.890.570.080.670.410.840.850.77
-0.42-0.33-0.39-0.55-0.34-0.240.27-0.34-0.17-0.560.310.28-0.22-0.21-0.76-0.410.02-0.310.22-0.65-0.380.4-0.28-0.22-0.21
0.90.68-0.39-0.140.990.960.220.920.810.350.460.490.710.610.290.910.620.80.360.51.0-0.180.930.790.91
0.09-0.05-0.55-0.14-0.14-0.22-0.52-0.01-0.10.69-0.11-0.11-0.090.050.52-0.09-0.11-0.12-0.020.65-0.18-0.49-0.1-0.2-0.18
0.910.74-0.340.99-0.140.960.260.930.870.30.510.550.790.690.220.930.550.830.490.470.99-0.10.970.810.93
0.910.71-0.240.96-0.220.960.340.940.880.20.490.510.760.560.20.90.730.890.360.350.950.010.90.90.99
0.380.680.270.22-0.520.260.340.420.54-0.710.580.560.640.52-0.710.480.330.550.35-0.620.20.820.380.580.38
0.990.83-0.340.92-0.010.930.940.420.920.250.630.640.850.70.130.960.710.910.450.40.890.040.930.90.93
0.920.9-0.170.81-0.10.870.880.540.920.010.650.650.970.77-0.060.930.540.940.630.190.790.310.910.930.93
0.29-0.11-0.560.350.690.30.2-0.710.250.01-0.030.01-0.110.070.760.130.17-0.030.00.980.34-0.910.23-0.080.14
0.590.580.310.46-0.110.510.490.580.630.65-0.031.00.620.74-0.540.550.50.460.780.020.430.20.660.470.51
0.60.590.280.49-0.110.550.510.560.640.650.011.00.620.76-0.510.570.490.460.790.060.470.160.690.470.52
0.860.97-0.220.71-0.090.790.760.640.850.97-0.110.620.620.84-0.150.920.390.910.660.080.70.430.870.880.83
0.720.87-0.210.610.050.690.560.520.70.770.070.740.760.84-0.240.770.20.630.820.210.610.170.840.570.59
0.19-0.13-0.760.290.520.220.2-0.710.13-0.060.76-0.54-0.51-0.15-0.240.10.080.08-0.440.780.29-0.690.050.040.16
0.960.91-0.410.91-0.090.930.90.480.960.930.130.550.570.920.770.10.530.920.480.310.90.140.950.90.9
0.680.380.020.62-0.110.550.730.330.710.540.170.50.490.390.20.080.530.640.010.20.56-0.010.50.690.72
0.920.89-0.310.8-0.120.830.890.550.910.94-0.030.460.460.910.630.080.920.640.360.150.780.340.820.990.94
0.440.570.220.36-0.020.490.360.350.450.630.00.780.790.660.82-0.440.480.010.360.090.380.190.660.330.41
0.450.08-0.650.50.650.470.35-0.620.40.190.980.020.060.080.210.780.310.20.150.090.49-0.840.40.090.31
0.870.67-0.381.0-0.180.990.950.20.890.790.340.430.470.70.610.290.90.560.780.380.49-0.170.930.770.9
0.020.410.4-0.18-0.49-0.10.010.820.040.31-0.910.20.160.430.17-0.690.14-0.010.340.19-0.84-0.170.00.370.12
0.920.84-0.280.93-0.10.970.90.380.930.910.230.660.690.870.840.050.950.50.820.660.40.930.00.790.89
0.90.85-0.220.79-0.20.810.90.580.90.93-0.080.470.470.880.570.040.90.690.990.330.090.770.370.790.94
0.920.77-0.210.91-0.180.930.990.380.930.930.140.510.520.830.590.160.90.720.940.410.310.90.120.890.94
Click cells to compare fundamentals

Bogota Financial Account Relationship Matchups

Bogota Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets766.6M740.9M837.4M951.1M940.8M871.0M
Short Long Term Debt Total97.1M104.3M85.1M161.3M167.7M122.5M
Total Current Liabilities76.8M148.8M459.2M59M576.4M605.2M
Total Stockholder Equity75.0M128.5M147.6M139.7M137.2M120.8M
Other Liab96.8M6.2M7.3M7.7M6.9M6.6M
Net Tangible Assets75.0M128.5M147.2M139.7M160.6M115.7M
Property Plant And Equipment Net4.2M5.7M8.1M7.9M7.7M6.7M
Net Debt(30.8M)23.9M(20.0M)144.5M142.8M149.9M
Retained Earnings75.3M77.4M84.9M91.8M92.2M88.5M
Accounts Payable497.7M502.0M597.5M701.4M806.6M602.3M
Cash127.9M80.4M105.1M16.8M24.9M46.0M
Non Current Assets Total74.0M75.0M124.4M8.2M912.0M957.6M
Non Currrent Assets Other(74.0M)(2.2M)(2.7M)(162.5M)877.7M921.6M
Other Assets548.9M570.8M563.4M837.0M962.6M656.7M
Long Term Debt97.1M104.3M85.1M102.3M130.2M107.3M
Cash And Short Term Investments141.6M92.3M146.9M101.9M(13.6M)(12.9M)
Net Receivables2.0M2.9M2.7M4.0M3.9M3.0M
Short Term Investments13.7M11.9M41.8M85.1M68.9M38.8M
Liabilities And Stockholders Equity766.6M740.9M837.4M951.1M940.8M871.0M
Non Current Liabilities Total97.1M104.3M85.1M59M227.3M115.7M
Other Current Assets129.9M83.2M107.8M20.8M28.9M27.4M
Other Stockholder Equity3.5M51.2M62.8M54.0M56.1M36.8M
Total Liab97.1M104.3M85.1M811.4M803.7M481.9M
Net Invested Capital172.1M232.8M232.6M242.0M304.9M234.0M
Long Term Investments69.8M69.4M115.9M162.5M141.5M112.9M
Property Plant And Equipment Gross4.2M5.7M12.5M12.7M13.1M9.0M
Total Current Assets143.6M95.1M149.6M105.9M28.9M27.4M
Accumulated Other Comprehensive Income(313.7K)(273.0K)(272.7K)(6.2M)(11.3M)(10.7M)
Short Term Debt8.5M11M38.1M59M59.0M38.6M
Intangible Assets20.9K5.3K336.4K267.3K206.1K150.7K
Property Plant Equipment4.2M5.7M8.1M7.9M9.1M6.4M

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Additional Information and Resources on Investing in Bogota Stock

When determining whether Bogota Financial Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bogota Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bogota Financial Corp Stock. Highlighted below are key reports to facilitate an investment decision about Bogota Financial Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bogota Financial Corp. 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.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bogota Financial. If investors know Bogota will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bogota Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Earnings Share
(0.16)
Revenue Per Share
0.994
Quarterly Revenue Growth
(0.36)
Return On Assets
(0)
The market value of Bogota Financial Corp is measured differently than its book value, which is the value of Bogota that is recorded on the company's balance sheet. Investors also form their own opinion of Bogota Financial's value that differs from its market value or its book value, called intrinsic value, which is Bogota Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bogota Financial's market value can be influenced by many factors that don't directly affect Bogota Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bogota Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bogota Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bogota Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.