BTBD Income Before Tax vs Income Tax Expense Analysis

BTBD Stock  USD 1.32  0.06  4.35%   
Bt Brands financial indicator trend analysis is way more than just evaluating Bt Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bt Brands is a good investment. Please check the relationship between Bt Brands Income Before Tax and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bt Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade BTBD Stock refer to our How to Trade BTBD Stock guide.

Income Before Tax vs Income Tax Expense

Income Before Tax vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bt Brands Income Before Tax account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bt Brands' Income Before Tax and Income Tax Expense is 0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Bt Brands, assuming nothing else is changed. The correlation between historical values of Bt Brands' Income Before Tax 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 Income Before Tax of Bt Brands 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 Income Before Tax i.e., Bt Brands' Income Before Tax and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bt Brands income statement and is an important metric when analyzing Bt Brands 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.

Income Tax Expense

Most indicators from Bt Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bt Brands 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 Bt Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade BTBD Stock refer to our How to Trade BTBD Stock guide.The current year's Enterprise Value is expected to grow to about 17.9 M, whereas Tax Provision is projected to grow to (244.2 K).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization234.0K299.1K598.5K322.0K
Interest Income10.9K125.5K193.3K203.0K

Bt Brands fundamental ratios Correlations

0.750.960.790.190.30.040.680.610.80.790.88-0.910.80.280.80.56-0.94-0.550.610.58-0.78-0.890.770.710.1
0.750.660.76-0.010.69-0.280.70.860.770.660.77-0.680.830.830.780.94-0.64-0.120.260.94-0.9-0.760.630.950.71
0.960.660.750.080.28-0.060.590.580.760.750.87-0.910.740.210.750.53-0.95-0.540.590.55-0.77-0.860.710.660.02
0.790.760.75-0.020.59-0.450.780.781.00.890.95-0.850.940.480.940.71-0.75-0.650.740.73-0.69-0.930.890.860.38
0.19-0.010.08-0.02-0.480.330.52-0.240.040.40.160.130.19-0.250.24-0.26-0.02-0.410.43-0.250.060.170.4-0.19-0.34
0.30.690.280.59-0.48-0.530.230.930.560.350.47-0.440.60.730.540.86-0.260.010.110.88-0.51-0.570.330.830.73
0.04-0.28-0.06-0.450.33-0.53-0.34-0.43-0.46-0.34-0.380.19-0.44-0.48-0.42-0.480.090.15-0.23-0.460.340.23-0.35-0.45-0.5
0.680.70.590.780.520.23-0.340.490.820.920.84-0.560.880.440.890.53-0.59-0.610.710.52-0.66-0.60.920.640.3
0.610.860.580.78-0.240.93-0.430.490.770.620.74-0.640.820.720.780.93-0.51-0.220.350.95-0.68-0.770.60.950.66
0.80.770.761.00.040.56-0.460.820.770.920.96-0.840.960.480.960.71-0.76-0.660.750.72-0.71-0.910.920.850.38
0.790.660.750.890.40.35-0.340.920.620.920.95-0.730.950.290.980.53-0.71-0.80.890.55-0.61-0.761.00.690.15
0.880.770.870.950.160.47-0.380.840.740.960.95-0.850.960.420.970.68-0.83-0.670.770.7-0.76-0.890.930.820.27
-0.91-0.68-0.91-0.850.13-0.440.19-0.56-0.64-0.84-0.73-0.85-0.76-0.28-0.76-0.580.970.55-0.6-0.590.770.96-0.72-0.73-0.12
0.80.830.740.940.190.6-0.440.880.820.960.950.96-0.760.550.990.76-0.7-0.610.730.78-0.74-0.830.940.880.42
0.280.830.210.48-0.250.73-0.480.440.720.480.290.42-0.280.550.460.9-0.20.3-0.140.88-0.69-0.410.260.810.97
0.80.780.750.940.240.54-0.420.890.780.960.980.97-0.760.990.460.69-0.71-0.690.80.72-0.69-0.830.970.830.33
0.560.940.530.71-0.260.86-0.480.530.930.710.530.68-0.580.760.90.69-0.490.010.141.0-0.82-0.690.50.970.83
-0.94-0.64-0.95-0.75-0.02-0.260.09-0.59-0.51-0.76-0.71-0.830.97-0.7-0.2-0.71-0.490.53-0.57-0.50.80.88-0.69-0.63-0.01
-0.55-0.12-0.54-0.65-0.410.010.15-0.61-0.22-0.66-0.8-0.670.55-0.610.3-0.690.010.53-0.98-0.030.120.54-0.83-0.210.38
0.610.260.590.740.430.11-0.230.710.350.750.890.77-0.60.73-0.140.80.14-0.57-0.980.18-0.24-0.60.910.35-0.24
0.580.940.550.73-0.250.88-0.460.520.950.720.550.7-0.590.780.880.721.0-0.5-0.030.18-0.79-0.720.520.980.81
-0.78-0.9-0.77-0.690.06-0.510.34-0.66-0.68-0.71-0.61-0.760.77-0.74-0.69-0.69-0.820.80.12-0.24-0.790.75-0.57-0.83-0.52
-0.89-0.76-0.86-0.930.17-0.570.23-0.6-0.77-0.91-0.76-0.890.96-0.83-0.41-0.83-0.690.880.54-0.6-0.720.75-0.75-0.84-0.29
0.770.630.710.890.40.33-0.350.920.60.921.00.93-0.720.940.260.970.5-0.69-0.830.910.52-0.57-0.750.660.13
0.710.950.660.86-0.190.83-0.450.640.950.850.690.82-0.730.880.810.830.97-0.63-0.210.350.98-0.83-0.840.660.72
0.10.710.020.38-0.340.73-0.50.30.660.380.150.27-0.120.420.970.330.83-0.010.38-0.240.81-0.52-0.290.130.72
Click cells to compare fundamentals

Bt Brands Account Relationship Matchups

Bt Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab205.6K518.7K463.4K532.5K480.3K363.5K
Total Current Liabilities805.2K1.0M925.3K2.1M1.6M1.3M
Other Liab58.3K98K118K119K136.9K89.7K
Net Tangible Assets(1.0M)(1.5M)(702.3K)10.6M12.2M12.8M
Retained Earnings(1.9M)(1.2M)(600.2K)(1.2M)(2.0M)(2.2M)
Accounts Payable321.9K270.5K292.0K448.6K555.2K397.4K
Other Assets(1.0)2.3M273.8K1.00.90.86
Net Receivables15.4K19.0K72.3K76.9K28.7K39.5K
Inventory56.4K60.6K79.5K158.4K201.3K107.7K
Other Stockholder Equity497.7K497.7K11.2M11.3M11.2M11.8M
Total Current Assets336.8K1.4M12.6M8.9M7.2M5.0M
Property Plant Equipment2.1M1.7M1.6M1.6M1.4M1.4M
Total Assets2.6M3.4M14.5M16.8M14.6M10.1M
Short Long Term Debt Total3.5M3.2M3.0M5.6M4.4M4.3M
Total Stockholder Equity(1.4M)(702.3K)10.6M10.2M9.2M4.9M
Property Plant And Equipment Net2.1M1.6M1.6M5.7M5.0M3.3M
Net Debt3.2M1.9M(9.4M)3.5M(915.5K)(869.7K)
Cash258.1K1.3M12.4M2.2M5.3M4.0M
Non Current Assets Total2.3M2.0M1.9M7.9M7.4M4.4M
Non Currrent Assets Other18.5K232.5K273.8K(395.6K)49.2K80.0K
Long Term Debt3.2M2.9M2.8M2.7M2.3M2.3M
Cash And Short Term Investments258.1K1.3M12.4M8.1M6.7M5.4M
Common Stock Shares Outstanding4.0M4.0M4.4M6.5M6.3M5.4M
Liabilities And Stockholders Equity2.6M3.4M14.5M16.8M14.6M10.1M
Non Current Liabilities Total3.2M3.1M3.0M4.5M3.9M3.9M
Other Current Assets6.9K5.3K27.2K1.8M306.0K393.3K
Total Liab4.0M4.1M3.9M6.6M5.4M5.2M
Net Invested Capital2.1M2.5M13.6M13.8M11.8M8.5M
Short Long Term Debt277.7K245.3K169.9K959.0K299.2K404.3K
Net Working Capital(468.3K)371.7K11.6M6.7M5.7M4.4M
Short Term Debt277.7K245.3K169.9K1.2M514.6K479.3K

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When determining whether Bt Brands is a strong investment it is important to analyze Bt Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bt Brands' future performance. For an informed investment choice regarding BTBD Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bt Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade BTBD Stock refer to our How to Trade BTBD Stock guide.
Note that the Bt Brands information on this page should be used as a complementary analysis to other Bt Brands' 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Bt Brands' 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 Bt Brands. If investors know BTBD 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 Bt Brands 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
(0.80)
Earnings Share
(0.14)
Revenue Per Share
2.248
Quarterly Revenue Growth
0.006
Return On Assets
(0.06)
The market value of Bt Brands is measured differently than its book value, which is the value of BTBD that is recorded on the company's balance sheet. Investors also form their own opinion of Bt Brands' value that differs from its market value or its book value, called intrinsic value, which is Bt Brands' 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 Bt Brands' market value can be influenced by many factors that don't directly affect Bt Brands' 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 Bt Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bt Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bt Brands' 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.