Becton Gross Profit vs Income Before Tax Analysis
BDX Stock | USD 234.86 2.27 0.96% |
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 Gross Profit and its Income Before Tax 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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Becton Dickinson Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Becton Dickinson's Gross Profit and Income Before Tax is 0.77. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax 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 Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Becton Dickinson and are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Becton Dickinson's Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Becton Dickinson and minus its cost of goods sold. It is profit before Becton Dickinson operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Becton Dickinson income statement and is an important metric when analyzing Becton Dickinson 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.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 tightly coupled 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).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.5B | 8.2B | 9.4B | 9.9B | Total Revenue | 18.9B | 19.4B | 22.3B | 23.4B |
Becton Dickinson fundamental ratios Correlations
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Becton Dickinson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Becton Dickinson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 54.0B | 53.9B | 52.9B | 52.8B | 60.7B | 63.7B | |
Short Long Term Debt Total | 17.9B | 17.6B | 16.1B | 15.9B | 18.3B | 19.2B | |
Other Current Liab | 5.1B | 6.1B | 3.9B | 5.5B | 6.3B | 6.6B | |
Total Current Liabilities | 5.8B | 6.6B | 7.8B | 6.6B | 7.6B | 8.0B | |
Total Stockholder Equity | 23.8B | 23.7B | 25.3B | 25.8B | 29.7B | 31.1B | |
Property Plant And Equipment Net | 5.9B | 6.4B | 6.0B | 6.6B | 7.5B | 7.9B | |
Net Debt | 15.1B | 15.3B | 15.1B | 14.5B | 16.6B | 17.5B | |
Retained Earnings | 12.8B | 13.8B | 15.2B | 15.5B | 17.9B | 18.8B | |
Cash | 2.8B | 2.3B | 1.0B | 1.4B | 1.6B | 1.2B | |
Non Current Assets Total | 45.0B | 45.0B | 44.8B | 44.1B | 50.7B | 53.3B | |
Non Currrent Assets Other | 1.7B | 2.0B | (3.4B) | 2.1B | 2.4B | 2.5B | |
Cash And Short Term Investments | 2.8B | 2.3B | 1.0B | 1.4B | 1.6B | 1.3B | |
Net Receivables | 2.4B | 2.5B | 2.2B | 2.5B | 2.9B | 3.1B | |
Common Stock Shares Outstanding | 282.4M | 292.1M | 287.4M | 288.4M | 259.6M | 214.9M | |
Liabilities And Stockholders Equity | 54.0B | 53.9B | 52.9B | 52.8B | 60.7B | 63.7B | |
Non Current Liabilities Total | 24.4B | 23.6B | 19.8B | 20.3B | 23.4B | 24.6B | |
Inventory | 2.7B | 2.9B | 3.2B | 3.3B | 3.8B | 4.0B | |
Other Current Assets | 891M | 1.1B | 1.7B | 1.4B | 1.6B | 1.7B | |
Other Stockholder Equity | 13.2B | 11.6B | 11.3B | 11.4B | 13.2B | 13.8B | |
Total Liab | 30.2B | 30.2B | 27.6B | 27.0B | 31.0B | 32.6B | |
Property Plant And Equipment Gross | 5.9B | 12.9B | 12.4B | 13.6B | 15.6B | 16.4B | |
Total Current Assets | 9.0B | 8.8B | 8.1B | 8.7B | 10.0B | 10.5B | |
Accumulated Other Comprehensive Income | (2.5B) | (2.1B) | (1.5B) | (1.5B) | (1.4B) | (1.5B) | |
Short Term Debt | 707M | 500M | 2.2B | 1.1B | 1.3B | 1.4B | |
Intangible Assets | 13.8B | 12.8B | 12.3B | 552M | 634.8M | 603.1M | |
Accounts Payable | 1.4B | 1.8B | 1.7B | 1.6B | 1.9B | 2.0B | |
Short Term Investments | 30M | 20M | 12M | 8M | 9.2M | 8.7M | |
Other Liab | 6.9B | 6.5B | 5.9B | 5.2B | 6.0B | 6.3B | |
Long Term Debt | 17.2B | 17.1B | 13.9B | 14.7B | 16.9B | 17.8B | |
Good Will | 23.6B | 23.9B | 24.6B | 24.5B | 28.2B | 29.6B | |
Treasury Stock | (6.2B) | (6.1B) | (7.7B) | (8.3B) | (7.5B) | (7.9B) | |
Property Plant Equipment | 5.9B | 6.4B | 6.0B | 6.6B | 7.5B | 4.0B | |
Current Deferred Revenue | (1.1B) | (1.4B) | (1.8B) | (1.6B) | (1.5B) | (1.4B) | |
Net Tangible Assets | (13.7B) | (13.0B) | (11.6B) | (9.7B) | (8.7B) | (9.1B) | |
Long Term Debt Total | 17.2B | 17.1B | 13.9B | 14.7B | 16.9B | 13.8B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Becton Dickinson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Becton Dickinson'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 Becton Dickinson And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Becton Dickinson And Stock: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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Becton Dickinson information on this page should be used as a complementary analysis to other Becton Dickinson'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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Is Becton Dickinson'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 Becton Dickinson. If investors know Becton 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 Becton Dickinson 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 0.209 | Dividend Share 3.72 | Earnings Share 4.67 | Revenue Per Share 68.172 | Quarterly Revenue Growth 0.046 |
The market value of Becton Dickinson is measured differently than its book value, which is the value of Becton that is recorded on the company's balance sheet. Investors also form their own opinion of Becton Dickinson's value that differs from its market value or its book value, called intrinsic value, which is Becton Dickinson'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 Becton Dickinson's market value can be influenced by many factors that don't directly affect Becton Dickinson'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 Becton Dickinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Becton Dickinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Becton Dickinson'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.