Brainchip Discontinued Operations vs Income Before Tax Analysis

BRN Stock   0.32  0.02  6.67%   
Brainchip Holdings financial indicator trend analysis is way more than just evaluating Brainchip Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainchip Holdings is a good investment. Please check the relationship between Brainchip Holdings Discontinued Operations and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainchip Holdings. 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.

Discontinued Operations vs Income Before Tax

Discontinued Operations vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brainchip Holdings Discontinued Operations account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Brainchip Holdings' Discontinued Operations and Income Before Tax is -0.61. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Brainchip Holdings, assuming nothing else is changed. The correlation between historical values of Brainchip Holdings' Discontinued Operations 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 Discontinued Operations of Brainchip Holdings 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 Discontinued Operations i.e., Brainchip Holdings' Discontinued Operations and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Discontinued Operations

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Brainchip Holdings income statement and is an important metric when analyzing Brainchip Holdings 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 Brainchip Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainchip Holdings 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 Brainchip Holdings. 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 gain to about 26.1 M in 2024. Discontinued Operations is likely to gain to about 34.3 K in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses20.0M38.5M29.4M30.9M
Depreciation And Amortization244.0K550.8K624.9K397.8K

Brainchip Holdings fundamental ratios Correlations

0.890.571.00.270.110.230.820.60.940.44-0.14-0.14-0.55-0.14-0.210.880.50.120.240.170.22-0.03-0.130.250.39
0.890.820.860.280.3-0.040.760.790.970.59-0.27-0.26-0.63-0.34-0.280.70.620.380.380.210.270.09-0.240.430.44
0.570.820.520.550.67-0.340.480.930.790.71-0.24-0.22-0.76-0.59-0.190.240.810.650.620.410.40.1-0.190.760.55
1.00.860.520.250.080.270.810.560.910.4-0.14-0.13-0.52-0.1-0.210.90.470.060.20.140.19-0.04-0.130.220.37
0.270.280.550.250.74-0.450.230.510.40.63-0.11-0.08-0.72-0.60.04-0.050.740.590.690.690.590.17-0.010.760.58
0.110.30.670.080.74-0.40.040.530.290.65-0.19-0.15-0.87-0.69-0.07-0.30.920.710.770.640.540.29-0.090.990.69
0.23-0.04-0.340.27-0.45-0.4-0.08-0.230.0-0.50.340.360.220.630.160.42-0.26-0.72-0.46-0.25-0.44-0.290.26-0.41-0.23
0.820.760.480.810.230.04-0.080.470.80.55-0.22-0.24-0.37-0.34-0.30.740.360.270.40.20.4-0.14-0.160.20.35
0.60.790.930.560.510.53-0.230.470.780.58-0.25-0.23-0.66-0.43-0.230.330.70.490.460.220.31-0.15-0.210.620.47
0.940.970.790.910.40.290.00.80.780.62-0.16-0.15-0.64-0.36-0.190.740.620.360.430.320.340.04-0.130.430.47
0.440.590.710.40.630.65-0.50.550.580.62-0.17-0.13-0.77-0.95-0.080.030.750.920.890.680.910.15-0.040.740.88
-0.14-0.27-0.24-0.14-0.11-0.190.34-0.22-0.25-0.16-0.170.990.290.120.94-0.15-0.28-0.23-0.010.36-0.01-0.090.99-0.220.0
-0.14-0.26-0.22-0.13-0.08-0.150.36-0.24-0.23-0.15-0.130.990.240.090.95-0.17-0.23-0.190.020.40.02-0.080.99-0.180.06
-0.55-0.63-0.76-0.52-0.72-0.870.22-0.37-0.66-0.64-0.770.290.240.670.21-0.13-0.98-0.66-0.73-0.58-0.62-0.240.2-0.91-0.82
-0.14-0.34-0.59-0.1-0.6-0.690.63-0.34-0.43-0.36-0.950.120.090.670.010.27-0.66-0.97-0.91-0.7-0.92-0.17-0.01-0.74-0.84
-0.21-0.28-0.19-0.210.04-0.070.16-0.3-0.23-0.19-0.080.940.950.210.01-0.28-0.19-0.070.040.450.040.00.94-0.110.09
0.880.70.240.9-0.05-0.30.420.740.330.740.03-0.15-0.17-0.130.27-0.280.09-0.29-0.16-0.18-0.15-0.13-0.19-0.18-0.04
0.50.620.810.470.740.92-0.260.360.70.620.75-0.28-0.23-0.98-0.66-0.190.090.660.750.60.560.24-0.180.960.75
0.120.380.650.060.590.71-0.720.270.490.360.92-0.23-0.19-0.66-0.97-0.07-0.290.660.830.610.820.26-0.110.750.78
0.240.380.620.20.690.77-0.460.40.460.430.89-0.010.02-0.73-0.910.04-0.160.750.830.840.880.210.130.820.81
0.170.210.410.140.690.64-0.250.20.220.320.680.360.4-0.58-0.70.45-0.180.60.610.840.710.330.480.660.66
0.220.270.40.190.590.54-0.440.40.310.340.91-0.010.02-0.62-0.920.04-0.150.560.820.880.710.060.120.60.87
-0.030.090.1-0.040.170.29-0.29-0.14-0.150.040.15-0.09-0.08-0.24-0.170.0-0.130.240.260.210.330.06-0.080.240.07
-0.13-0.24-0.19-0.13-0.01-0.090.26-0.16-0.21-0.13-0.040.990.990.2-0.010.94-0.19-0.18-0.110.130.480.12-0.08-0.120.11
0.250.430.760.220.760.99-0.410.20.620.430.74-0.22-0.18-0.91-0.74-0.11-0.180.960.750.820.660.60.24-0.120.74
0.390.440.550.370.580.69-0.230.350.470.470.880.00.06-0.82-0.840.09-0.040.750.780.810.660.870.070.110.74
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Brainchip Holdings Account Relationship Matchups

Brainchip Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1M22.6M23.8M29.2M20.2M25.1M
Other Current Liab432.9K1.3M937.6K655.5K602.9K749.6K
Total Current Liabilities1.6M5.5M3.0M3.7M1.9M2.0M
Total Stockholder Equity9.1M16.7M18.9M23.7M16.8M19.8M
Accounts Payable469.4K689.0K1.2M2.6M804.0K756.4K
Cash7.6M19.0M19.4M23.1M14.3M7.9M
Long Term Debt222.7K166.1K172.1K66.3K68.2K64.8K
Net Receivables1.2M902.1K910K1.5M2.4M1.2M
Other Current Assets135.5K1.6M360K1.1M309.6K618.9K
Total Liab2.0M5.9M4.8M5.5M3.3M4.3M
Common Stock64.8M98.1M117.5M135.1M145.6M152.9M
Property Plant Equipment370.3K247.4K2.0M2.2M2.0M1.3M
Property Plant And Equipment Net370.5K245.8K2.0M2.2M1.8M1.4M
Net Debt(6.4M)(15.2M)(17.6M)(20.2M)(12.6M)(13.3M)
Retained Earnings(74.4M)(101.5M)(123.1M)(145.1M)(174.0M)(165.3M)
Non Current Assets Total2.2M1.1M2.9M3.1M2.6M2.1M
Cash And Short Term Investments7.6M19.0M19.4M23.1M14.3M10.7M
Common Stock Total Equity68.7M78.1M92.4M128.2M147.4M154.8M
Liabilities And Stockholders Equity11.1M22.6M23.8M29.2M20.2M14.8M
Non Current Liabilities Total455.0K415.5K1.8M1.8M1.4M738.8K
Inventory16.0K54.1K250K400K483.0K507.1K
Property Plant And Equipment Gross528.6K321.2K2.5M3.2M3.4M1.8M
Total Current Assets9.0M21.6M20.9M26.1M17.6M10.3M
Accumulated Other Comprehensive Income18.7M20.1M24.6M33.7M45.2M47.5M
Net Tangible Assets7.3M16.0M18.2M23.0M26.5M27.8M
Good Will905.9K694.4K287.0(4.2K)1.2K1.2K
Short Term Debt689.0K3.5M240K389.9K481.5K457.4K
Intangible Assets1.8M800.2K739.7K674.2K608.8K996.5K
Short Long Term Debt Total1.2M3.7M1.8M3.0M1.7M1.6M
Non Currrent Assets Other(871.1K)40.1K180K200K234.4K246.1K
Other Liab364.1K292.7K369.1K217.8K196.0K186.2K
Long Term Debt Total313.4K214.2K1.6M1.7M1.9M2.0M
Net Invested Capital14.1M23.7M19.2M23.8M16.9M21.0M
Net Working Capital10.5M21.0M17.8M22.5M15.6M18.4M

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