Belden Non Operating Income Net Other vs Income Tax Expense Analysis

BDC Stock  USD 93.50  0.12  0.13%   
Belden financial indicator trend analysis is way more than just evaluating Belden Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belden Inc is a good investment. Please check the relationship between Belden Non Operating Income Net Other and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Non Operating Income Net Other vs Income Tax Expense

Non Operating Income Net Other vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belden Inc Non Operating Income Net Other account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Belden's Non Operating Income Net Other and Income Tax Expense is 0.21. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Belden Inc, assuming nothing else is changed. The correlation between historical values of Belden's Non Operating Income Net Other 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 Non Operating Income Net Other of Belden Inc 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 Non Operating Income Net Other i.e., Belden's Non Operating Income Net Other and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Operating Income Net Other

Income Tax Expense

Most indicators from Belden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belden Inc 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 Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, Belden's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.5 B, whereas Selling General Administrative is forecasted to decline to about 301.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit854.4M916.3M916.3M534.8M
Total Revenue2.4B2.6B2.5B1.6B

Belden fundamental ratios Correlations

0.930.540.930.890.740.760.650.850.70.960.430.70.920.930.690.930.730.430.660.970.120.880.220.770.72
0.930.490.790.670.620.890.50.660.630.930.410.630.770.890.621.00.550.330.460.980.010.750.150.810.6
0.540.490.730.340.690.530.30.650.150.480.140.150.560.480.430.520.660.440.170.60.220.54-0.510.160.48
0.930.790.730.840.830.650.610.930.590.860.310.590.920.840.670.810.850.510.640.890.210.880.060.560.71
0.890.670.340.840.660.450.750.830.690.820.40.690.90.790.590.670.730.410.760.750.210.840.380.660.68
0.740.620.690.830.660.430.610.830.60.610.370.60.770.550.720.640.920.730.390.720.530.83-0.030.230.85
0.760.890.530.650.450.430.380.450.220.870.280.220.580.860.420.90.350.220.260.86-0.050.43-0.080.810.42
0.650.50.30.610.750.610.380.620.440.610.320.440.720.560.440.490.650.770.360.540.690.60.190.520.75
0.850.660.650.930.830.830.450.620.670.730.480.670.940.70.650.680.940.590.610.770.250.880.00.420.69
0.70.630.150.590.690.60.220.440.670.510.421.00.670.450.620.620.590.340.540.640.110.890.450.360.58
0.960.930.480.860.820.610.870.610.730.510.40.510.850.980.590.930.60.340.610.950.040.710.190.870.61
0.430.410.140.310.40.370.280.320.480.420.40.420.570.30.650.420.410.260.270.410.080.4-0.040.390.55
0.70.630.150.590.690.60.220.440.671.00.510.420.670.450.620.620.590.340.540.640.110.890.450.360.58
0.920.770.560.920.90.770.580.720.940.670.850.570.670.790.730.770.860.550.60.840.220.870.090.660.77
0.930.890.480.840.790.550.860.560.70.450.980.30.450.790.480.890.550.30.660.910.00.650.210.820.51
0.690.620.430.670.590.720.420.440.650.620.590.650.620.730.480.650.660.420.520.680.230.740.050.450.87
0.931.00.520.810.670.640.90.490.680.620.930.420.620.770.890.650.570.340.480.990.010.750.130.790.62
0.730.550.660.850.730.920.350.650.940.590.60.410.590.860.550.660.570.760.440.670.460.82-0.130.260.76
0.430.330.440.510.410.730.220.770.590.340.340.260.340.550.30.420.340.760.110.40.820.5-0.110.080.69
0.660.460.170.640.760.390.260.360.610.540.610.270.540.60.660.520.480.440.110.54-0.040.610.470.430.42
0.970.980.60.890.750.720.860.540.770.640.950.410.640.840.910.680.990.670.40.540.070.820.120.760.67
0.120.010.220.210.210.53-0.050.690.250.110.040.080.110.220.00.230.010.460.82-0.040.070.240.0-0.130.62
0.880.750.540.880.840.830.430.60.880.890.710.40.890.870.650.740.750.820.50.610.820.240.240.450.75
0.220.15-0.510.060.38-0.03-0.080.190.00.450.19-0.040.450.090.210.050.13-0.13-0.110.470.120.00.240.250.08
0.770.810.160.560.660.230.810.520.420.360.870.390.360.660.820.450.790.260.080.430.76-0.130.450.250.43
0.720.60.480.710.680.850.420.750.690.580.610.550.580.770.510.870.620.760.690.420.670.620.750.080.43
Click cells to compare fundamentals

Belden Account Relationship Matchups

Belden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.1B3.4B3.2B3.2B2.0B
Short Long Term Debt Total1.5B1.6B1.5B1.2B1.3B801.5M
Other Current Liab385.8M208.4M255.0M246.8M247.6M132.8M
Total Current Liabilities722.5M520.8M718.5M639.9M633.5M378.0M
Total Stockholder Equity959.8M750.6M955.3M1.1B1.2B731.7M
Property Plant And Equipment Net408.2M423.4M429.3M455.2M546.0M302.0M
Net Debt1.1B1.1B883.5M549.6M707.1M489.8M
Retained Earnings518.0M450.9M505.7M751.5M985.8M1.0B
Accounts Payable268.5M244.1M384.2M350.1M343.2M181.6M
Cash407.5M502.0M643.8M687.7M597.0M311.6M
Non Current Assets Total2.0B2.0B2.0B1.6B1.8B1.2B
Non Currrent Assets Other12.4M49.4M34.9M46.5M45.0M32.2M
Cash And Short Term Investments407.5M502.0M643.8M687.7M597.0M311.6M
Net Receivables334.6M296.8M412.2M440.1M413.8M271.0M
Good Will1.2B1.3B1.2B862.3M907.3M606.7M
Common Stock Shares Outstanding42.2M44.8M45.4M44.5M42.9M40.3M
Liabilities And Stockholders Equity3.4B3.1B3.4B3.2B3.2B2.0B
Non Current Liabilities Total1.7B1.9B1.7B1.4B1.4B910.7M
Inventory231.3M247.3M345.4M341.6M367.0M213.0M
Other Current Assets29.2M52.3M65.7M66.9M79.1M83.1M
Other Stockholder Equity504.8M491.1M519.6M396.9M221.2M356.3M
Total Liab2.4B2.4B2.5B2.0B2.1B1.3B
Property Plant And Equipment Gross408.2M423.4M429.3M455.2M1.2B1.2B
Total Current Assets1.4B1.1B1.5B1.5B1.5B851.7M
Accumulated Other Comprehensive Income(63.4M)(191.9M)(70.6M)(5.9M)(41.3M)(43.3M)
Short Term Debt14.1M14.8M18.3M16.8M18.9M34.6M
Intangible Assets339.5M287.1M301.7M246.8M269.1M248.6M
Other Liab223.3M241.8M215.8M151.5M174.2M147.5M
Other Assets37.2M78.9M67.2M61.1M1.00.95
Long Term Debt1.4B1.6B1.5B1.2B1.2B982.9M
Treasury Stock(599.8M)(307.2M)(332.6M)(314.0M)(282.6M)(296.7M)
Property Plant Equipment345.9M368.6M429.3M455.2M523.5M363.3M
Current Deferred Revenue54.3M53.4M60.9M26.2M23.7M22.5M
Net Tangible Assets(567.7M)(742.0M)(498.9M)93.2M83.9M88.1M
Noncontrolling Interest In Consolidated Entity6.0M6.5M795K939K1.1M1.5M
Retained Earnings Total Equity518.0M450.9M505.7M751.5M864.3M614.0M
Long Term Debt Total1.4B1.6B1.5B1.2B1.3B1.5B

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When determining whether Belden Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Belden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Belden Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Belden Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Belden Inc information on this page should be used as a complementary analysis to other Belden's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Belden's industry 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 Belden. If investors know Belden 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 Belden 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
(0.38)
Dividend Share
0.2
Earnings Share
5.11
Revenue Per Share
57.591
Quarterly Revenue Growth
(0.17)
The market value of Belden Inc is measured differently than its book value, which is the value of Belden that is recorded on the company's balance sheet. Investors also form their own opinion of Belden's value that differs from its market value or its book value, called intrinsic value, which is Belden'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 Belden's market value can be influenced by many factors that don't directly affect Belden'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 Belden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belden'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.