Belden Operating Income vs Net Income Analysis

BDC Stock

USD 83.37 1.45 1.77%

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

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belden Inc Operating Income account and Net Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Belden's Operating Income and Net Income is 0.73. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Belden Inc, assuming nothing else is changed. The correlation between historical values of Belden's Operating Income 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 Operating Income of Belden Inc 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 Operating Income i.e., Belden's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Belden Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Belden Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Belden Inc financial statement analysis. It represents the amount of money remaining after all of Belden Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Belden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belden Inc 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 Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

At present, Belden's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.5 B, whereas Selling General Administrative is forecasted to decline to about 301.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	854.4M	916.3M	916.3M	534.8M
Total Revenue	2.4B	2.6B	2.5B	1.6B

Gross Profit Total Revenue

Belden fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity
Total Assets		0.93	0.54	0.93	0.89	0.74	0.76	0.65	0.85	0.7	0.96	0.31	0.7	0.92	0.93	0.69	0.93	0.73	0.43	0.66	0.97	0.12	0.88	0.2	0.77	0.72
Short Long Term Debt Total	0.93		0.49	0.79	0.67	0.62	0.89	0.5	0.66	0.63	0.93	0.45	0.63	0.77	0.89	0.62	1.0	0.55	0.33	0.46	0.98	0.01	0.75	0.14	0.81	0.6
Other Current Liab	0.54	0.49		0.73	0.34	0.69	0.53	0.3	0.65	0.15	0.48	0.02	0.15	0.56	0.48	0.43	0.52	0.66	0.44	0.17	0.6	0.22	0.54	-0.51	0.16	0.48
Total Current Liabilities	0.93	0.79	0.73		0.84	0.83	0.65	0.61	0.93	0.59	0.86	0.1	0.59	0.92	0.84	0.67	0.81	0.85	0.51	0.64	0.89	0.21	0.88	0.05	0.56	0.71
Total Stockholder Equity	0.89	0.67	0.34	0.84		0.66	0.45	0.75	0.83	0.69	0.82	0.16	0.69	0.9	0.79	0.59	0.67	0.73	0.41	0.76	0.75	0.21	0.84	0.36	0.66	0.68
Property Plant And Equipment Net	0.74	0.62	0.69	0.83	0.66		0.43	0.61	0.83	0.6	0.61	0.14	0.6	0.77	0.55	0.72	0.64	0.92	0.73	0.39	0.72	0.53	0.83	-0.03	0.23	0.85
Net Debt	0.76	0.89	0.53	0.65	0.45	0.43		0.38	0.45	0.22	0.87	0.38	0.22	0.58	0.86	0.42	0.9	0.35	0.22	0.26	0.86	-0.05	0.43	-0.09	0.81	0.42
Retained Earnings	0.65	0.5	0.3	0.61	0.75	0.61	0.38		0.62	0.44	0.61	0.18	0.44	0.72	0.56	0.44	0.49	0.65	0.77	0.36	0.54	0.69	0.6	0.18	0.52	0.75
Accounts Payable	0.85	0.66	0.65	0.93	0.83	0.83	0.45	0.62		0.67	0.73	0.17	0.67	0.94	0.7	0.65	0.68	0.94	0.59	0.61	0.77	0.25	0.88	-0.02	0.42	0.69
Cash	0.7	0.63	0.15	0.59	0.69	0.6	0.22	0.44	0.67		0.51	0.31	1.0	0.67	0.45	0.62	0.62	0.59	0.34	0.54	0.64	0.11	0.89	0.44	0.36	0.58
Non Current Assets Total	0.96	0.93	0.48	0.86	0.82	0.61	0.87	0.61	0.73	0.51		0.32	0.51	0.85	0.98	0.59	0.93	0.6	0.34	0.61	0.95	0.04	0.71	0.17	0.87	0.61
Non Currrent Assets Other	0.31	0.45	0.02	0.1	0.16	0.14	0.38	0.18	0.17	0.31	0.32		0.31	0.37	0.17	0.59	0.44	0.15	0.07	-0.05	0.36	-0.08	0.23	-0.17	0.52	0.43
Cash And Short Term Investments	0.7	0.63	0.15	0.59	0.69	0.6	0.22	0.44	0.67	1.0	0.51	0.31		0.67	0.45	0.62	0.62	0.59	0.34	0.54	0.64	0.11	0.89	0.44	0.36	0.58
Net Receivables	0.92	0.77	0.56	0.92	0.9	0.77	0.58	0.72	0.94	0.67	0.85	0.37	0.67		0.79	0.73	0.77	0.86	0.55	0.6	0.84	0.22	0.87	0.07	0.66	0.77
Good Will	0.93	0.89	0.48	0.84	0.79	0.55	0.86	0.56	0.7	0.45	0.98	0.17	0.45	0.79		0.48	0.89	0.55	0.3	0.66	0.91	0.0	0.65	0.19	0.82	0.51
Common Stock Shares Outstanding	0.69	0.62	0.43	0.67	0.59	0.72	0.42	0.44	0.65	0.62	0.59	0.59	0.62	0.73	0.48		0.65	0.66	0.42	0.52	0.68	0.23	0.74	0.05	0.45	0.87
Non Current Liabilities Total	0.93	1.0	0.52	0.81	0.67	0.64	0.9	0.49	0.68	0.62	0.93	0.44	0.62	0.77	0.89	0.65		0.57	0.34	0.48	0.99	0.01	0.75	0.12	0.79	0.62
Inventory	0.73	0.55	0.66	0.85	0.73	0.92	0.35	0.65	0.94	0.59	0.6	0.15	0.59	0.86	0.55	0.66	0.57		0.76	0.44	0.67	0.46	0.82	-0.14	0.26	0.76
Other Current Assets	0.43	0.33	0.44	0.51	0.41	0.73	0.22	0.77	0.59	0.34	0.34	0.07	0.34	0.55	0.3	0.42	0.34	0.76		0.11	0.4	0.82	0.5	-0.11	0.08	0.69
Other Stockholder Equity	0.66	0.46	0.17	0.64	0.76	0.39	0.26	0.36	0.61	0.54	0.61	-0.05	0.54	0.6	0.66	0.52	0.48	0.44	0.11		0.54	-0.04	0.61	0.44	0.43	0.42
Total Liab	0.97	0.98	0.6	0.89	0.75	0.72	0.86	0.54	0.77	0.64	0.95	0.36	0.64	0.84	0.91	0.68	0.99	0.67	0.4	0.54		0.07	0.82	0.1	0.76	0.67
Property Plant And Equipment Gross	0.12	0.01	0.22	0.21	0.21	0.53	-0.05	0.69	0.25	0.11	0.04	-0.08	0.11	0.22	0.0	0.23	0.01	0.46	0.82	-0.04	0.07		0.24	0.0	-0.13	0.62
Total Current Assets	0.88	0.75	0.54	0.88	0.84	0.83	0.43	0.6	0.88	0.89	0.71	0.23	0.89	0.87	0.65	0.74	0.75	0.82	0.5	0.61	0.82	0.24		0.23	0.45	0.75
Short Term Debt	0.2	0.14	-0.51	0.05	0.36	-0.03	-0.09	0.18	-0.02	0.44	0.17	-0.17	0.44	0.07	0.19	0.05	0.12	-0.14	-0.11	0.44	0.1	0.0	0.23		0.23	0.08
Intangible Assets	0.77	0.81	0.16	0.56	0.66	0.23	0.81	0.52	0.42	0.36	0.87	0.52	0.36	0.66	0.82	0.45	0.79	0.26	0.08	0.43	0.76	-0.13	0.45	0.23		0.43
Common Stock Total Equity	0.72	0.6	0.48	0.71	0.68	0.85	0.42	0.75	0.69	0.58	0.61	0.43	0.58	0.77	0.51	0.87	0.62	0.76	0.69	0.42	0.67	0.62	0.75	0.08	0.43

Click cells to compare fundamentals

Belden Account Relationship Matchups

Belden fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.4B	3.1B	3.4B	3.2B	3.2B	2.0B
Short Long Term Debt Total	1.5B	1.6B	1.5B	1.2B	1.3B	801.5M
Other Current Liab	385.8M	208.4M	255.0M	246.8M	247.6M	132.8M
Total Current Liabilities	722.5M	520.8M	718.5M	639.9M	633.5M	378.0M
Total Stockholder Equity	959.8M	750.6M	955.3M	1.1B	1.2B	731.7M
Property Plant And Equipment Net	408.2M	423.4M	429.3M	455.2M	546.0M	302.0M
Net Debt	1.1B	1.1B	883.5M	549.6M	707.1M	489.8M
Retained Earnings	518.0M	450.9M	505.7M	751.5M	985.8M	1.0B
Accounts Payable	268.5M	244.1M	384.2M	350.1M	343.2M	181.6M
Cash	407.5M	502.0M	643.8M	687.7M	597.0M	311.6M
Non Current Assets Total	2.0B	2.0B	2.0B	1.6B	1.8B	1.2B
Non Currrent Assets Other	12.4M	49.4M	34.9M	46.5M	45.0M	37.1M
Cash And Short Term Investments	407.5M	502.0M	643.8M	687.7M	597.0M	311.6M
Net Receivables	334.6M	296.8M	412.2M	440.1M	413.8M	271.0M
Good Will	1.2B	1.3B	1.2B	862.3M	907.3M	606.7M
Common Stock Shares Outstanding	42.2M	44.8M	45.4M	44.5M	42.9M	40.3M
Liabilities And Stockholders Equity	3.4B	3.1B	3.4B	3.2B	3.2B	2.0B
Non Current Liabilities Total	1.7B	1.9B	1.7B	1.4B	1.4B	910.7M
Inventory	231.3M	247.3M	345.4M	341.6M	367.0M	213.0M
Other Current Assets	29.2M	52.3M	65.7M	66.9M	79.1M	83.1M
Other Stockholder Equity	504.8M	491.1M	519.6M	396.9M	221.2M	356.3M
Total Liab	2.4B	2.4B	2.5B	2.0B	2.1B	1.3B
Property Plant And Equipment Gross	408.2M	423.4M	429.3M	455.2M	1.2B	1.2B
Total Current Assets	1.4B	1.1B	1.5B	1.5B	1.5B	851.7M
Accumulated Other Comprehensive Income	(63.4M)	(191.9M)	(70.6M)	(5.9M)	(41.3M)	(43.3M)
Short Term Debt	14.1M	14.8M	18.3M	16.8M	18.9M	34.0M
Intangible Assets	339.5M	287.1M	301.7M	246.8M	269.1M	248.6M
Other Liab	223.3M	241.8M	215.8M	151.5M	174.2M	147.5M
Other Assets	37.2M	78.9M	67.2M	61.1M	1.0	0.95
Long Term Debt	1.4B	1.6B	1.5B	1.2B	1.2B	982.9M
Treasury Stock	(599.8M)	(307.2M)	(332.6M)	(314.0M)	(282.6M)	(296.7M)
Property Plant Equipment	345.9M	368.6M	429.3M	455.2M	523.5M	363.3M
Current Deferred Revenue	54.3M	53.4M	60.9M	26.2M	23.7M	22.5M
Net Tangible Assets	(567.7M)	(742.0M)	(498.9M)	93.2M	83.9M	88.1M
Noncontrolling Interest In Consolidated Entity	6.0M	6.5M	795K	939K	1.1M	1.5M
Retained Earnings Total Equity	518.0M	450.9M	505.7M	751.5M	864.3M	614.0M
Long Term Debt Total	1.4B	1.6B	1.5B	1.2B	1.3B	1.5B

Pair Trading with Belden

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 Belden 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 Belden will appreciate offsetting losses from the drop in the long position's value.

Moving together with Belden Stock

0.67	BHE	Benchmark Electronics Financial Report 1st of May 2024	Pair Corr
0.82	CTS	CTS Corporation Earnings Call This Week	Pair Corr

Moving against Belden Stock

0.78	AAPL	Apple Inc Report 2nd of May 2024	Pair Corr
0.68	MEI	Methode Electronics Financial Report 27th of June 2024	Pair Corr
0.6	ZS	Zscaler Financial Report 6th of June 2024	Pair Corr
0.59	RELL	Richardson Electronics Financial Report 17th of July 2024	Pair Corr
0.49	CSCO	Cisco Systems Sell-off Trend	Pair Corr

The ability to find closely correlated positions to Belden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belden 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 Belden - 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 Belden Inc to buy it.

The correlation of Belden 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 Belden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belden Inc 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 Belden 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 Correlation Correlation Matching

When determining whether Belden Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Belden'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 Belden Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Belden Inc Stock:

How To Invest In Belden

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Is Belden Stock a good investment?

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What is Belden's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belden Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the Belden Inc information on this page should be used as a complementary analysis to other Belden'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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Belden Stock analysis

When running Belden's price analysis, check to measure Belden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Belden is operating at the current time. Most of Belden's value examination focuses on studying past and present price action to predict the probability of Belden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belden's price. Additionally, you may evaluate how the addition of Belden to your portfolios can decrease your overall portfolio volatility.

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Is Belden'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 Belden. If investors know Belden 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 Belden 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

(0.36)

Dividend Share

0.2

Earnings Share

5.66

Revenue Per Share

59.476

Quarterly Revenue Growth

(0.16)

The market value of Belden Inc is measured differently than its book value, which is the value of Belden that is recorded on the company's balance sheet. Investors also form their own opinion of Belden's value that differs from its market value or its book value, called intrinsic value, which is Belden'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 Belden's market value can be influenced by many factors that don't directly affect Belden'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 Belden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Belden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Belden'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.

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Belden Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

Belden fundamental ratios Correlations

Belden Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Belden fundamental ratios Accounts

Pair Trading with Belden

Moving together with Belden Stock

Moving against Belden Stock

Complementary Tools for Belden Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Total Liab	+ 0.98	Short Long Term Debt Total
Good Will	+ 0.98	Non Current Assets Total
Total Liab	+ 0.97	Total Assets

Short Term Debt	- 0.51	Other Current Liab
Short Term Debt	- 0.17	Non Currrent Assets Other
Short Term Debt	- 0.14	Inventory
Intangible Assets	- 0.13	Property Plant And Equipment Gross
Short Term Debt	- 0.11	Other Current Assets
Short Term Debt	- 0.09	Net Debt