BKW Stock | | | 25.80 0.13 0.51% |
Brickworks financial indicator trend analysis is way more than just evaluating Brickworks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brickworks is a good investment. Please check the relationship between Brickworks Other Operating Expenses and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brickworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Operating Expenses vs Net Income From Continuing Ops
Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brickworks Other Operating Expenses account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have very week relationship.
The correlation between Brickworks' Other Operating Expenses and Net Income From Continuing Ops is 0.26. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Brickworks, assuming nothing else is changed. The correlation between historical values of Brickworks' Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Brickworks are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Brickworks' Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brickworks. It is also known as Brickworks overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Income From Continuing Ops
Most indicators from Brickworks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brickworks 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 Brickworks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 35
M in 2024.
Tax Provision is likely to gain to about (119.1
M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Other Operating Expenses | 1.0B | 1.1B | 1.0B | 1.1B | Interest Expense | 31.4M | 59.3M | 76.6M | 80.4M |
Brickworks fundamental ratios Correlations
Click cells to compare fundamentals
Brickworks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brickworks fundamental ratios Accounts
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Additional Tools for Brickworks Stock Analysis
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