Baylin Cost Of Revenue vs Tax Provision Analysis

BYL Stock  CAD 0.40  0.01  2.44%   
Baylin Technologies financial indicator trend analysis is way more than just evaluating Baylin Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baylin Technologies is a good investment. Please check the relationship between Baylin Technologies Cost Of Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baylin Technologies. 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.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Baylin Technologies Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Baylin Technologies' Cost Of Revenue and Tax Provision is -0.02. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Baylin Technologies, assuming nothing else is changed. The correlation between historical values of Baylin Technologies' Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Baylin Technologies are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Baylin Technologies' Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Baylin Technologies income statement and represents the costs associated with goods and services Baylin Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Baylin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baylin Technologies 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 Baylin Technologies. 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.
At this time, Baylin Technologies' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 176.98, while Tax Provision is likely to drop about 138.7 K.
 2021 2022 2023 2024 (projected)
Interest Expense3.5M3.7M4.5M2.8M
Depreciation And Amortization11.0M7.9M3.9M7.1M

Baylin Technologies fundamental ratios Correlations

0.710.250.160.650.740.780.44-0.170.580.210.91-0.130.210.720.590.170.890.790.490.20.720.320.87-0.140.49
0.710.390.660.030.450.620.9-0.50.56-0.330.730.12-0.330.720.560.530.880.880.620.480.980.620.50.50.57
0.250.390.62-0.34-0.140.280.39-0.830.33-0.24-0.01-0.3-0.240.280.610.840.240.540.790.430.490.540.380.420.7
0.160.660.62-0.5-0.090.340.67-0.830.54-0.390.07-0.23-0.390.450.580.810.280.630.50.50.730.870.230.860.71
0.650.03-0.34-0.50.70.38-0.290.480.130.70.66-0.130.70.20.18-0.550.390.17-0.17-0.260.01-0.230.61-0.66-0.01
0.740.45-0.14-0.090.70.310.20.050.210.30.78-0.120.30.290.47-0.160.590.460.10.020.370.280.55-0.140.33
0.780.620.280.340.380.310.47-0.270.7-0.020.69-0.25-0.020.840.520.330.740.80.490.30.710.260.71-0.110.47
0.440.90.390.67-0.290.20.47-0.550.43-0.70.520.22-0.70.640.410.610.740.760.620.450.880.520.140.560.45
-0.17-0.5-0.83-0.830.480.05-0.27-0.55-0.370.40.030.360.4-0.26-0.75-0.96-0.2-0.64-0.75-0.41-0.58-0.79-0.28-0.65-0.86
0.580.560.330.540.130.210.70.43-0.37-0.040.45-0.48-0.040.90.450.320.530.620.270.030.660.510.610.20.46
0.21-0.33-0.24-0.390.70.3-0.02-0.70.4-0.040.07-0.281.0-0.210.03-0.48-0.17-0.22-0.36-0.2-0.33-0.110.51-0.41-0.05
0.910.73-0.010.070.660.780.690.520.030.450.070.070.070.670.45-0.040.920.730.30.110.70.190.63-0.150.32
-0.130.12-0.3-0.23-0.13-0.12-0.250.220.36-0.48-0.280.07-0.28-0.24-0.49-0.210.15-0.190.040.17-0.02-0.41-0.390.05-0.49
0.21-0.33-0.24-0.390.70.3-0.02-0.70.4-0.041.00.07-0.28-0.210.03-0.48-0.17-0.22-0.36-0.2-0.33-0.110.51-0.41-0.05
0.720.720.280.450.20.290.840.64-0.260.9-0.210.67-0.24-0.210.380.290.770.730.360.180.790.370.570.10.36
0.590.560.610.580.180.470.520.41-0.750.450.030.45-0.490.030.380.630.470.830.660.20.640.720.660.270.98
0.170.530.840.81-0.55-0.160.330.61-0.960.32-0.48-0.04-0.21-0.480.290.630.250.630.820.520.610.690.240.630.75
0.890.880.240.280.390.590.740.74-0.20.53-0.170.920.15-0.170.770.470.250.830.560.280.860.280.610.040.4
0.790.880.540.630.170.460.80.76-0.640.62-0.220.73-0.19-0.220.730.830.630.830.740.360.930.630.670.290.81
0.490.620.790.5-0.170.10.490.62-0.750.27-0.360.30.04-0.360.360.660.820.560.740.480.670.390.450.270.68
0.20.480.430.5-0.260.020.30.45-0.410.03-0.20.110.17-0.20.180.20.520.280.360.480.470.390.190.50.28
0.720.980.490.730.010.370.710.88-0.580.66-0.330.7-0.02-0.330.790.640.610.860.930.670.470.660.560.490.66
0.320.620.540.87-0.230.280.260.52-0.790.51-0.110.19-0.41-0.110.370.720.690.280.630.390.390.660.410.780.81
0.870.50.380.230.610.550.710.14-0.280.610.510.63-0.390.510.570.660.240.610.670.450.190.560.41-0.10.59
-0.140.50.420.86-0.66-0.14-0.110.56-0.650.2-0.41-0.150.05-0.410.10.270.630.040.290.270.50.490.78-0.10.43
0.490.570.70.71-0.010.330.470.45-0.860.46-0.050.32-0.49-0.050.360.980.750.40.810.680.280.660.810.590.43
Click cells to compare fundamentals

Baylin Technologies Account Relationship Matchups

Baylin Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets147.6M133.5M93.0M74.4M59.7M101.6M
Short Long Term Debt Total62.8M58.4M48.8M44.8M28.7M31.9M
Other Current Liab5.5M6.0M19.1M6.5M20.1M21.1M
Total Current Liabilities36.8M36.5M61.9M65.5M47.8M39.3M
Total Stockholder Equity58.9M48.9M11.8M(3.3M)(36K)(34.2K)
Property Plant And Equipment Net33.9M36.3M22.3M19.5M12.2M19.2M
Current Deferred Revenue5.1M4.8M1.6M5.4M2.9M3.6M
Net Debt48.9M47.2M29.1M37.4M23.8M24.9M
Retained Earnings(91.6M)(108.5M)(175.9M)(192.8M)(206.7M)(196.3M)
Accounts Payable14.8M15.2M20.2M18.6M9.1M15.8M
Cash14.0M11.2M19.7M7.4M4.9M4.7M
Non Current Assets Total83.3M75.5M31.9M23.9M16.5M15.7M
Non Currrent Assets Other3.1M727K214K79K1.2M664.8K
Cash And Short Term Investments14.0M11.2M19.7M7.4M4.9M4.7M
Net Receivables19.4M20.3M20.2M20.3M11.6M18.4M
Common Stock Total Equity109.2M136.7M137.2M142.2M163.5M117.9M
Common Stock Shares Outstanding40.2M40.7M61.8M80.2M87.3M91.7M
Liabilities And Stockholders Equity147.6M133.5M93.0M74.4M59.7M101.6M
Non Current Liabilities Total51.8M48.1M19.4M12.1M12.0M19.9M
Inventory21.1M19.7M15.8M18.4M17.6M14.8M
Other Current Assets9.8M6.8M5.3M4.4M11.8M12.4M
Other Stockholder Equity2.7M4.4M4.2M5.5M6.4M6.7M
Total Liab88.7M84.6M81.3M77.6M59.7M59.2M
Property Plant And Equipment Gross33.9M36.3M61.0M59.8M31.9M35.5M
Total Current Assets64.3M58.0M61.1M50.5M43.2M59.0M
Accumulated Other Comprehensive Income10.6M10.8M10.8M11.2M18.9M9.5M
Short Term Debt16.2M15.1M34.6M30.6M18.6M14.9M
Common Stock137.2M142.2M172.7M172.8M187.8M137.3M
Other Liab5.0M4.4M3.9M2.5M2.9M3.1M
Net Tangible Assets20.0M17.7M2.5M(7.5M)(6.8M)(6.4M)
Other Assets10.4M7.9M214K79K90.9K86.3K
Long Term Debt34.2M32.1M4.9M4.6M3.3M3.2M
Short Long Term Debt14.8M13.9M31.9M33.5M17.7M13.1M
Property Plant Equipment33.9M36.3M22.3M19.5M22.4M28.1M
Long Term Debt Total46.6M43.3M15.5M9.6M11.1M10.5M
Cash And Equivalents14.0M11.2M19.7M7.4M6.6M6.3M
Net Invested Capital107.9M94.9M48.5M30.3M21.0M19.9M
Net Working Capital27.4M21.6M(766K)(15.1M)(4.6M)(4.3M)
Long Term Investments78K119K189K133K167K128.7K

Other Information on Investing in Baylin Stock

Balance Sheet is a snapshot of the financial position of Baylin Technologies at a specified time, usually calculated after every quarter, six months, or one year. Baylin Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Baylin Technologies 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 Baylin currently owns. An asset can also be divided into two categories, current and non-current.