Boise Income Tax Expense vs Net Income Analysis

BCC Stock  USD 134.65  3.15  2.29%   
Boise Cascad financial indicator trend analysis is way more than just evaluating Boise Cascad Llc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boise Cascad Llc is a good investment. Please check the relationship between Boise Cascad Income Tax Expense and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boise Cascad Llc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Income Tax Expense vs Net Income

Income Tax Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boise Cascad Llc Income Tax Expense account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Boise Cascad's Income Tax Expense and Net Income is 0.96. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income in the same time period over historical financial statements of Boise Cascad Llc, assuming nothing else is changed. The correlation between historical values of Boise Cascad's Income Tax Expense and Net Income 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 Tax Expense of Boise Cascad Llc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Tax Expense i.e., Boise Cascad's Income Tax Expense and Net Income go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Boise Cascad Llc financial statement analysis. It represents the amount of money remaining after all of Boise Cascad Llc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Boise Cascad's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boise Cascad Llc 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 Boise Cascad Llc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Sales General And Administrative To Revenue is expected to grow to 0.02, whereas Selling General Administrative is forecasted to decline to about 72.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense24.8M25.4M25.5M26.1M
Depreciation And Amortization82.6M115.8M135.4M82.4M

Boise Cascad fundamental ratios Correlations

-0.2-0.36-0.22-0.24-0.60.38-0.250.33-0.6-0.28-0.49-0.670.39-0.19-0.42-0.49-0.25-0.65-0.45-0.35-0.29-0.20.39-0.29-0.7
-0.20.810.880.910.86-0.540.95-0.740.860.860.860.81-0.460.250.710.860.830.810.70.840.960.450.080.920.65
-0.360.810.870.910.66-0.790.83-0.330.660.930.610.68-0.620.50.960.610.880.670.810.920.90.28-0.140.950.5
-0.220.880.870.980.71-0.690.8-0.550.710.970.730.65-0.60.390.770.730.970.650.70.820.920.21-0.060.950.55
-0.240.910.910.980.75-0.690.84-0.570.750.990.760.69-0.570.450.820.760.970.690.710.860.950.29-0.050.980.54
-0.60.860.660.710.75-0.460.82-0.881.00.70.970.96-0.410.150.580.970.670.960.620.720.810.43-0.060.760.89
0.38-0.54-0.79-0.69-0.69-0.46-0.530.17-0.43-0.73-0.41-0.440.74-0.47-0.79-0.41-0.72-0.42-0.74-0.49-0.65-0.18-0.08-0.64-0.32
-0.250.950.830.80.840.82-0.53-0.60.830.810.760.85-0.440.250.780.760.740.840.780.870.920.440.020.880.7
0.33-0.74-0.33-0.55-0.57-0.880.17-0.6-0.86-0.47-0.95-0.750.160.04-0.18-0.95-0.49-0.77-0.26-0.44-0.6-0.32-0.13-0.54-0.72
-0.60.860.660.710.751.0-0.430.83-0.860.690.960.97-0.40.140.590.960.660.970.630.740.820.45-0.140.770.9
-0.280.860.930.970.990.7-0.730.81-0.470.690.690.66-0.590.540.850.690.980.660.720.870.910.22-0.070.970.52
-0.490.860.610.730.760.97-0.410.76-0.950.960.690.89-0.350.140.471.00.690.890.490.670.780.350.010.750.81
-0.670.810.680.650.690.96-0.440.85-0.750.970.660.89-0.390.180.640.890.61.00.670.780.780.4-0.170.750.94
0.39-0.46-0.62-0.6-0.57-0.410.74-0.440.16-0.4-0.59-0.35-0.39-0.49-0.59-0.35-0.62-0.36-0.84-0.42-0.57-0.360.01-0.53-0.35
-0.190.250.50.390.450.15-0.470.250.040.140.540.140.18-0.490.460.140.550.170.390.390.26-0.05-0.070.440.11
-0.420.710.960.770.820.58-0.790.78-0.180.590.850.470.64-0.590.460.470.780.620.840.860.840.36-0.240.860.46
-0.490.860.610.730.760.97-0.410.76-0.950.960.691.00.89-0.350.140.470.690.890.490.670.780.350.010.750.81
-0.250.830.880.970.970.67-0.720.74-0.490.660.980.690.6-0.620.550.780.690.590.690.780.870.21-0.040.940.47
-0.650.810.670.650.690.96-0.420.84-0.770.970.660.891.0-0.360.170.620.890.590.630.780.780.4-0.160.740.94
-0.450.70.810.70.710.62-0.740.78-0.260.630.720.490.67-0.840.390.840.490.690.630.690.790.53-0.090.730.56
-0.350.840.920.820.860.72-0.490.87-0.440.740.870.670.78-0.420.390.860.670.780.780.690.880.29-0.260.940.63
-0.290.960.90.920.950.81-0.650.92-0.60.820.910.780.78-0.570.260.840.780.870.780.790.880.51-0.070.950.61
-0.20.450.280.210.290.43-0.180.44-0.320.450.220.350.4-0.36-0.050.360.350.210.40.530.290.51-0.020.30.22
0.390.08-0.14-0.06-0.05-0.06-0.080.02-0.13-0.14-0.070.01-0.170.01-0.07-0.240.01-0.04-0.16-0.09-0.26-0.07-0.02-0.13-0.2
-0.290.920.950.950.980.76-0.640.88-0.540.770.970.750.75-0.530.440.860.750.940.740.730.940.950.3-0.130.59
-0.70.650.50.550.540.89-0.320.7-0.720.90.520.810.94-0.350.110.460.810.470.940.560.630.610.22-0.20.59
Click cells to compare fundamentals

Boise Cascad Account Relationship Matchups

Boise Cascad fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding39.2M39.4M39.6M39.8M39.9M32.0M
Total Assets1.7B2.0B2.6B3.2B3.5B1.9B
Short Long Term Debt Total522.0M531.4M531.8M523.1M529.8M441.2M
Other Current Liab162.1M216.3M305.8M200.3M283.9M166.7M
Total Current Liabilities385.0M524.0M640.7M545.8M594.1M400.7M
Total Stockholder Equity701.3M850.8M1.4B2.1B2.2B2.3B
Other Liab85.0M59.5M47.5M113.6M102.3M96.5M
Property Plant And Equipment Net563.0M553.4M587.0M852.1M1.0B560.6M
Net Debt236.8M126.0M(217.1M)(475.3M)(419.8M)(398.8M)
Retained Earnings356.7M452.3M948.9M1.6B1.8B1.9B
Accounts Payable222.9M307.7M335.0M269.8M310.2M228.0M
Cash285.2M405.4M748.9M998.3M949.6M997.1M
Non Current Assets Total670.6M656.9M686.8M1.2B1.4B1.5B
Non Currrent Assets Other9.2M7.3M8.0M14.0M9.3M10.4M
Other Assets24.0M118.5M24.1M25.0M28.7M31.1M
Long Term Debt440.5M443.8M444.6M444.4M445.3M406.3M
Cash And Short Term Investments285.2M405.4M748.9M998.3M949.6M997.1M
Net Receivables231.6M391.1M462.2M320.3M373.7M266.2M
Common Stock Total Equity444K446K447K448K515.2K447.4K
Liabilities And Stockholders Equity1.7B2.0B2.6B3.2B3.5B1.9B
Non Current Liabilities Total607.0M590.9M579.3M636.7M668.9M579.0M
Inventory497.6M503.5M660.7M697.6M712.4M514.5M
Other Current Assets8.3M8.9M14.1M47.9M21.2M20.4M
Other Stockholder Equity394.4M399.1M404.3M412.3M415.4M319.6M
Total Liab992.0M1.1B1.2B1.2B1.3B979.7M
Property Plant And Equipment Gross563.0M553.4M587.0M852.1M1.9B2.0B
Total Current Assets1.0B1.3B1.9B2.1B2.1B1.2B
Accumulated Other Comprehensive Income(50.2M)(1.1M)(1.0M)(520K)(517K)(542.9K)
Intangible Assets17.8M16.6M15.4M161.4M190.7M200.3M
Common Stock444K446K447K448K450K450.8K
Property Plant Equipment476.9M461.5M587.0M770.0M885.5M497.5M
Net Tangible Assets623.2M773.8M1.3B1.8B2.1B2.2B
Retained Earnings Total Equity356.7M452.3M948.9M1.6B1.9B2.0B
Long Term Debt Total440.5M443.8M444.6M444.4M511.1M444.0M
Capital Surpluse533.3M538.0M543.2M551.2M633.9M576.5M
Non Current Liabilities Other166.5M147.1M43.8M16.9M16.9M16.0M

Pair Trading with Boise Cascad

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boise Cascad position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boise Cascad will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Boise Cascad could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boise Cascad when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boise Cascad - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boise Cascad Llc to buy it.
The correlation of Boise Cascad is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boise Cascad moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boise Cascad Llc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boise Cascad can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Boise Cascad Llc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boise Cascad's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Boise Cascad Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boise Cascad Llc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boise Cascad Llc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Boise Cascad Llc information on this page should be used as a complementary analysis to other Boise Cascad's 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Boise Cascad's 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 Boise Cascad. If investors know Boise 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 Boise Cascad 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
(0.17)
Dividend Share
0.7
Earnings Share
12.12
Revenue Per Share
172.47
Quarterly Revenue Growth
0.01
The market value of Boise Cascad Llc is measured differently than its book value, which is the value of Boise that is recorded on the company's balance sheet. Investors also form their own opinion of Boise Cascad's value that differs from its market value or its book value, called intrinsic value, which is Boise Cascad's 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 Boise Cascad's market value can be influenced by many factors that don't directly affect Boise Cascad's 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 Boise Cascad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boise Cascad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boise Cascad's 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.