Bikaji Depreciation And Amortization vs Income Tax Expense Analysis

BIKAJI Stock   802.00  9.80  1.21%   
Bikaji Foods financial indicator trend analysis is way more than just evaluating Bikaji Foods Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bikaji Foods Interna is a good investment. Please check the relationship between Bikaji Foods 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 Bikaji Foods International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

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 Bikaji Foods Interna Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bikaji Foods' Depreciation And Amortization and Income Tax Expense is 0.78. 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 Bikaji Foods International, assuming nothing else is changed. The correlation between historical values of Bikaji Foods' 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 Bikaji Foods International 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., Bikaji Foods' Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Bikaji Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bikaji Foods Interna 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 Bikaji Foods International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
As of November 29, 2024, Selling General Administrative is expected to decline to about 138.6 M. In addition to that, Tax Provision is expected to decline to about 302.7 M
 2021 2022 2023 2024 (projected)
Interest Expense66.9M105.9M112.2M74.7M
Depreciation And Amortization381.1M470.6M600.6M423.8M

Bikaji Foods fundamental ratios Correlations

0.950.760.961.00.990.30.960.990.91-0.611.0-0.150.910.920.270.870.690.970.680.950.971.00.97-0.810.6
0.950.760.950.930.930.280.980.890.92-0.520.95-0.280.90.840.230.890.780.980.630.970.990.950.97-0.860.58
0.760.760.850.740.720.660.820.70.59-0.750.76-0.210.740.60.270.930.340.780.880.790.80.750.79-0.860.53
0.960.950.850.940.920.470.980.920.92-0.70.96-0.340.850.820.270.910.560.990.770.920.980.950.99-0.80.59
1.00.930.740.940.990.280.940.990.89-0.611.0-0.120.90.930.270.850.680.960.660.940.961.00.95-0.80.59
0.990.930.720.920.990.170.920.980.91-0.490.98-0.010.960.870.280.870.740.950.70.920.960.990.93-0.820.59
0.30.280.660.470.280.170.440.260.15-0.860.32-0.660.070.29-0.120.4-0.30.350.470.320.340.250.43-0.260.04
0.960.980.820.980.940.920.440.90.89-0.670.96-0.370.850.870.240.90.670.990.660.970.990.950.99-0.850.59
0.990.890.70.920.990.980.260.90.89-0.60.99-0.080.880.920.260.80.630.930.660.90.930.980.93-0.730.56
0.910.920.590.920.890.910.150.890.89-0.430.91-0.260.830.750.230.770.670.950.610.830.930.910.92-0.640.52
-0.61-0.52-0.75-0.7-0.61-0.49-0.86-0.67-0.6-0.43-0.640.53-0.33-0.65-0.26-0.550.05-0.62-0.54-0.59-0.59-0.57-0.680.46-0.45
1.00.950.760.961.00.980.320.960.990.91-0.64-0.180.90.920.280.860.670.970.680.950.970.990.97-0.80.6
-0.15-0.28-0.21-0.34-0.12-0.01-0.66-0.37-0.08-0.260.53-0.180.14-0.210.19-0.090.13-0.310.03-0.23-0.26-0.11-0.37-0.010.03
0.910.90.740.850.90.960.070.850.880.83-0.330.90.140.730.270.920.790.880.760.880.910.930.84-0.890.56
0.920.840.60.820.930.870.290.870.920.75-0.650.92-0.210.730.220.660.640.860.390.90.850.910.87-0.690.54
0.270.230.270.270.270.28-0.120.240.260.23-0.260.280.190.270.220.280.170.270.240.270.270.260.25-0.380.92
0.870.890.930.910.850.870.40.90.80.77-0.550.86-0.090.920.660.280.610.890.880.890.920.880.87-0.940.58
0.690.780.340.560.680.74-0.30.670.630.670.050.670.130.790.640.170.610.680.240.770.70.730.63-0.730.45
0.970.980.780.990.960.950.350.990.930.95-0.620.97-0.310.880.860.270.890.680.680.951.00.971.0-0.810.61
0.680.630.880.770.660.70.470.660.660.61-0.540.680.030.760.390.240.880.240.680.60.710.680.67-0.70.42
0.950.970.790.920.940.920.320.970.90.83-0.590.95-0.230.880.90.270.890.770.950.60.960.950.95-0.910.63
0.970.990.80.980.960.960.340.990.930.93-0.590.97-0.260.910.850.270.920.71.00.710.960.970.99-0.850.61
1.00.950.750.951.00.990.250.950.980.91-0.570.99-0.110.930.910.260.880.730.970.680.950.970.96-0.830.59
0.970.970.790.990.950.930.430.990.930.92-0.680.97-0.370.840.870.250.870.631.00.670.950.990.96-0.80.59
-0.81-0.86-0.86-0.8-0.8-0.82-0.26-0.85-0.73-0.640.46-0.8-0.01-0.89-0.69-0.38-0.94-0.73-0.81-0.7-0.91-0.85-0.83-0.8-0.67
0.60.580.530.590.590.590.040.590.560.52-0.450.60.030.560.540.920.580.450.610.420.630.610.590.59-0.67
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Bikaji Foods Account Relationship Matchups

Bikaji Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B8.2B11.0B12.7B15.3B11.1B
Short Long Term Debt Total539.5M874.3M1.6B1.7B1.7B1.3B
Other Current Liab416.8M320.9M445.9M636.4M343.0M422.7M
Total Current Liabilities925.7M1.6B1.9B2.2B2.2B1.8B
Total Stockholder Equity5.3B6.1B8.2B9.5B12.2B8.4B
Property Plant And Equipment Net4.0B4.5B5.6B7.2B8.1B6.2B
Current Deferred Revenue416.3M461.7M437.8M223.5M82.5M78.3M
Net Debt495.5M856.8M1.6B1.5B1.6B1.2B
Retained Earnings2.9B3.7B4.4B5.8B8.3B5.1B
Accounts Payable143.0M424.6M428.1M534.0M589.3M442.1M
Cash44.1M17.6M25.1M168.1M86.5M79.3M
Non Current Assets Total4.7B5.8B7.6B8.5B10.4B7.6B
Non Currrent Assets Other1.3B(5.2B)(6.9B)763.0M508.5M533.9M
Cash And Short Term Investments1.0B937.1M1.3B2.0B1.8B1.5B
Net Receivables658.8M546.7M1.2B792.0M1.7B977.7M
Short Term Investments957.9M919.5M1.2B1.8B1.3B1.3B
Liabilities And Stockholders Equity6.8B8.2B11.0B12.7B15.3B11.1B
Non Current Liabilities Total549.1M475.3M912.2M968.6M999.6M853.0M
Inventory364.9M567.7M728.9M784.2M821.4M675.1M
Other Current Assets659.2M853.1M144.1M2.0B672.6M786.6M
Other Stockholder Equity2.2B2.0B3.5B3.4B3.6B3.1B
Total Liab1.5B2.1B2.8B3.2B3.2B2.6B
Total Current Assets2.0B2.4B3.4B4.2B5.0B3.5B
Accumulated Other Comprehensive Income105.8M48.5M127.0M146.1M11.9B12.5B
Short Term Debt365.9M724.0M1.0B1.0B1.1B860.9M
Intangible Assets14.9M19.0M11.6M8.5M12.7M11.2M

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Other Information on Investing in Bikaji Stock

Balance Sheet is a snapshot of the financial position of Bikaji Foods Interna at a specified time, usually calculated after every quarter, six months, or one year. Bikaji Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bikaji Foods and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bikaji currently owns. An asset can also be divided into two categories, current and non-current.