Badger Operating Income vs Net Income Analysis
BMI Stock | USD 186.40 5.26 2.90% |
Badger Meter financial indicator trend analysis is way more than just evaluating Badger Meter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Badger Meter is a good investment. Please check the relationship between Badger Meter Operating Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Badger Meter. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.
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 Badger Meter Operating Income account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Badger Meter's Operating Income and Net Income is 0.99. 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 Badger Meter, assuming nothing else is changed. The correlation between historical values of Badger Meter'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 Badger Meter 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., Badger Meter's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Badger Meter 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 Badger Meter 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 Badger Meter financial statement analysis. It represents the amount of money remaining after all of Badger Meter operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Badger Meter's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Badger Meter 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 Badger Meter. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.As of now, Badger Meter's Enterprise Value Multiple is increasing as compared to previous years. The Badger Meter's current Enterprise Value is estimated to increase to about 1.7 B, while Tax Provision is projected to decrease to under 19.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 205.5M | 220.0M | 276.4M | 290.3M | Total Revenue | 505.2M | 565.6M | 703.6M | 738.8M |
Badger Meter fundamental ratios Correlations
Click cells to compare fundamentals
Badger Meter Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Badger Meter fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 421.9M | 468.4M | 530.8M | 603.0M | 716.9M | 752.8M | |
Short Long Term Debt Total | 4.5M | 7.2M | 6.2M | 6.8M | 5.8M | 5.5M | |
Other Current Liab | 8.5M | 30.3M | 40.3M | 23.7M | (2.2M) | (2.1M) | |
Total Current Liabilities | 57.2M | 65.2M | 82.1M | 110.3M | 131.9M | 138.5M | |
Total Stockholder Equity | 331.1M | 361.3M | 403.1M | 442.4M | 516.5M | 542.3M | |
Property Plant And Equipment Net | 85.8M | 82.7M | 78.1M | 73.5M | 79.4M | 53.5M | |
Net Debt | (44.4M) | (65.1M) | (81.0M) | (131.3M) | (186.0M) | (176.7M) | |
Retained Earnings | 285.9M | 314.9M | 353.5M | 395.2M | 458.7M | 481.7M | |
Cash | 48.9M | 72.3M | 87.2M | 138.1M | 191.8M | 201.4M | |
Non Current Assets Total | 221.8M | 247.5M | 269.5M | 255.2M | 274.7M | 288.5M | |
Non Currrent Assets Other | 16.6M | 22.5M | 22.9M | 14.0M | 2.0M | 1.9M | |
Cash And Short Term Investments | 48.9M | 72.3M | 87.2M | 138.1M | 191.8M | 201.4M | |
Net Receivables | 61.4M | 61.7M | 65.9M | 76.7M | 83.5M | 87.7M | |
Common Stock Shares Outstanding | 29.2M | 29.2M | 29.3M | 29.4M | 29.5M | 30.8M | |
Liabilities And Stockholders Equity | 421.9M | 468.4M | 530.8M | 603.0M | 716.9M | 752.8M | |
Non Current Liabilities Total | 33.6M | 41.9M | 45.6M | 50.3M | 68.5M | 71.9M | |
Inventory | 81.9M | 81.6M | 99.6M | 119.9M | 153.7M | 161.4M | |
Other Current Assets | 7.9M | 5.3M | 8.7M | 13.3M | 13.2M | 13.9M | |
Other Stockholder Equity | 7.6M | 7.9M | 12.2M | 16.0M | 22.2M | 23.3M | |
Total Liab | 90.8M | 107.1M | 127.7M | 160.6M | 200.4M | 210.5M | |
Property Plant And Equipment Gross | 85.8M | 82.7M | 216.8M | 220.9M | 226.0M | 237.3M | |
Total Current Assets | 200.1M | 220.9M | 261.4M | 347.8M | 442.2M | 464.3M | |
Accumulated Other Comprehensive Income | 425K | 1.3M | 136K | (6.0M) | (1.6M) | (1.7M) | |
Short Term Debt | 4.5M | 2.5M | 1.9M | 2.4M | 2.6M | 2.4M | |
Intangible Assets | 48.2M | 53.6M | 64.2M | 53.6M | 53.7M | 56.4M | |
Accounts Payable | 31.5M | 34.9M | 41.9M | 71.4M | 81.8M | 85.9M | |
Common Stock Total Equity | 37.2M | 37.2M | 37.2M | 37.2M | 42.8M | 23.5M | |
Common Stock | 37.2M | 37.2M | 37.2M | 37.2M | 42.8M | 24.2M | |
Other Liab | 27.6M | 41.9M | 45.6M | 45.9M | 52.8M | 55.4M | |
Other Assets | 10.9M | 22.5M | 22.9M | 26.8M | 1.0 | 0.95 | |
Treasury Stock | (34.2M) | (37.1M) | (37.0M) | (37.3M) | (33.5M) | (35.2M) | |
Property Plant Equipment | 85.8M | 82.7M | 78.1M | 73.5M | 84.6M | 73.0M | |
Current Deferred Revenue | 12.8M | (2.5M) | (1.9M) | 12.8M | 49.8M | 52.3M | |
Net Tangible Assets | 211.6M | 219.0M | 234.6M | 287.6M | 330.7M | 181.0M | |
Retained Earnings Total Equity | 285.9M | 314.9M | 353.5M | 395.2M | 454.4M | 235.3M | |
Capital Surpluse | 42.0M | 45.0M | 49.2M | 53.3M | 61.3M | 46.7M | |
Deferred Long Term Liab | 876K | 5.7M | 5.4M | 4.6M | 5.3M | 4.0M | |
Non Current Liabilities Other | 32.7M | 36.2M | 40.2M | 45.7M | 4.8M | 4.5M | |
Accumulated Depreciation | (124.1M) | (134.7M) | (138.7M) | (147.4M) | (132.7M) | (139.3M) |
Pair Trading with Badger Meter
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 Badger Meter 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 Badger Meter will appreciate offsetting losses from the drop in the long position's value.Moving against Badger Stock
0.62 | FCUV | Focus Universal | PairCorr |
0.53 | FARO | FARO Technologies Earnings Call This Week | PairCorr |
0.52 | WRAP | Wrap Technologies | PairCorr |
0.43 | KEYS | Keysight Technologies Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Badger Meter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Badger Meter 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 Badger Meter - 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 Badger Meter to buy it.
The correlation of Badger Meter 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 Badger Meter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Badger Meter 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 Badger Meter 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Badger Meter. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Badger Stock please use our How to Invest in Badger Meter guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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When running Badger Meter's price analysis, check to measure Badger Meter'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 Badger Meter is operating at the current time. Most of Badger Meter's value examination focuses on studying past and present price action to predict the probability of Badger Meter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Badger Meter's price. Additionally, you may evaluate how the addition of Badger Meter to your portfolios can decrease your overall portfolio volatility.
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Is Badger Meter'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 Badger Meter. If investors know Badger 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 Badger Meter 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 0.5 | Dividend Share 1.03 | Earnings Share 3.48 | Revenue Per Share 25.282 | Quarterly Revenue Growth 0.234 |
The market value of Badger Meter is measured differently than its book value, which is the value of Badger that is recorded on the company's balance sheet. Investors also form their own opinion of Badger Meter's value that differs from its market value or its book value, called intrinsic value, which is Badger Meter'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 Badger Meter's market value can be influenced by many factors that don't directly affect Badger Meter'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 Badger Meter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Badger Meter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Badger Meter'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.