Belden Income Statement Research

BDC Stock

USD 83.25 0.98 1.16%

Most accounts from Belden's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Belden Valuation and Belden Correlation analysis.

At present, Belden's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 346.8 M, whereas Depreciation And Amortization is forecasted to decline to about 66.3 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 income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Minority Interest	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Discontinued Operations	Extraordinary Items	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.79	0.8	0.67	0.8	0.7	0.22	0.17	0.64	0.55	0.89	0.02	0.1	-0.08	0.0	0.87	-0.41	-0.04	-0.3	0.02	-0.09	-0.29	-0.33	-0.11	0.01	0.23
Interest Expense	0.79		0.75	0.65	0.71	0.69	0.03	0.04	0.48	0.58	0.83	-0.24	0.05	-0.22	-0.36	0.79	-0.09	-0.31	-0.37	-0.04	-0.5	0.03	0.01	0.32	-0.39	0.35
Selling General Administrative	0.8	0.75		0.96	0.98	0.97	0.52	0.5	0.86	0.9	0.97	0.29	-0.01	0.28	0.12	0.93	-0.26	0.19	-0.09	-0.02	0.08	-0.03	-0.05	-0.25	0.17	-0.05
Total Revenue	0.67	0.65	0.96		0.96	1.0	0.65	0.64	0.92	0.98	0.9	0.41	-0.14	0.38	0.25	0.85	-0.22	0.25	0.0	-0.13	0.2	-0.02	-0.04	-0.35	0.26	-0.19
Gross Profit	0.8	0.71	0.98	0.96		0.96	0.6	0.58	0.93	0.9	0.96	0.36	-0.08	0.28	0.21	0.94	-0.4	0.25	-0.1	-0.01	0.15	-0.04	-0.07	-0.33	0.23	-0.12
Other Operating Expenses	0.7	0.69	0.97	1.0	0.96		0.61	0.6	0.89	0.98	0.92	0.36	-0.12	0.35	0.2	0.86	-0.19	0.2	-0.03	-0.14	0.15	-0.02	-0.04	-0.3	0.22	-0.15
Operating Income	0.22	0.03	0.52	0.65	0.6	0.61		0.98	0.76	0.66	0.43	0.89	-0.23	0.73	0.73	0.45	-0.44	0.79	0.32	0.04	0.74	0.07	0.05	-0.73	0.74	-0.64
Ebit	0.17	0.04	0.5	0.64	0.58	0.6	0.98		0.75	0.66	0.4	0.86	-0.32	0.77	0.63	0.42	-0.4	0.78	0.41	0.02	0.67	0.07	0.05	-0.69	0.71	-0.67
Ebitda	0.64	0.48	0.86	0.92	0.93	0.89	0.76	0.75		0.87	0.81	0.53	-0.21	0.41	0.41	0.81	-0.46	0.41	0.06	-0.02	0.35	-0.1	-0.13	-0.52	0.41	-0.3
Cost Of Revenue	0.55	0.58	0.9	0.98	0.9	0.98	0.66	0.66	0.87		0.82	0.43	-0.17	0.43	0.26	0.75	-0.1	0.24	0.06	-0.2	0.22	0.0	-0.01	-0.34	0.27	-0.23
Total Operating Expenses	0.89	0.83	0.97	0.9	0.96	0.92	0.43	0.4	0.81	0.82		0.18	0.01	0.13	0.05	0.97	-0.36	0.1	-0.2	0.0	-0.02	-0.06	-0.09	-0.18	0.09	0.03
Income Before Tax	0.02	-0.24	0.29	0.41	0.36	0.36	0.89	0.86	0.53	0.43	0.18		0.08	0.81	0.83	0.17	-0.29	0.93	0.4	0.13	0.82	-0.01	-0.03	-0.74	0.79	-0.59
Total Other Income Expense Net	0.1	0.05	-0.01	-0.14	-0.08	-0.12	-0.23	-0.32	-0.21	-0.17	0.01	0.08		-0.01	0.04	-0.1	0.32	0.08	-0.51	0.03	-0.11	0.1	0.09	0.35	-0.31	0.61
Net Income	-0.08	-0.22	0.28	0.38	0.28	0.35	0.73	0.77	0.41	0.43	0.13	0.81	-0.01		0.42	0.08	-0.06	0.82	0.36	-0.16	0.68	0.11	0.1	-0.55	0.63	-0.48
Income Tax Expense	0.0	-0.36	0.12	0.25	0.21	0.2	0.73	0.63	0.41	0.26	0.05	0.83	0.04	0.42		0.05	-0.29	0.66	0.3	0.21	0.86	-0.23	-0.24	-0.74	0.74	-0.5
Research Development	0.87	0.79	0.93	0.85	0.94	0.86	0.45	0.42	0.81	0.75	0.97	0.17	-0.1	0.08	0.05		-0.52	0.12	-0.15	0.08	-0.01	0.02	-0.01	-0.25	0.15	-0.09
Minority Interest	-0.41	-0.09	-0.26	-0.22	-0.4	-0.19	-0.44	-0.4	-0.46	-0.1	-0.36	-0.29	0.32	-0.06	-0.29	-0.52		-0.36	-0.09	-0.23	-0.28	0.08	0.12	0.56	-0.48	0.42
Net Income From Continuing Ops	-0.04	-0.31	0.19	0.25	0.25	0.2	0.79	0.78	0.41	0.24	0.1	0.93	0.08	0.82	0.66	0.12	-0.36		0.42	0.26	0.77	0.07	0.05	-0.71	0.78	-0.61
Non Recurring	-0.3	-0.37	-0.09	0.0	-0.1	-0.03	0.32	0.41	0.06	0.06	-0.2	0.4	-0.51	0.36	0.3	-0.15	-0.09	0.42		0.43	0.41	-0.3	-0.29	-0.6	0.66	-0.81
Non Operating Income Net Other	0.02	-0.04	-0.02	-0.13	-0.01	-0.14	0.04	0.02	-0.02	-0.2	0.0	0.13	0.03	-0.16	0.21	0.08	-0.23	0.26	0.43		0.09	-0.14	-0.13	-0.21	0.22	-0.31
Tax Provision	-0.09	-0.5	0.08	0.2	0.15	0.15	0.74	0.67	0.35	0.22	-0.02	0.82	-0.11	0.68	0.86	-0.01	-0.28	0.77	0.41	0.09		-0.21	-0.22	-0.84	0.87	-0.6
Discontinued Operations	-0.29	0.03	-0.03	-0.02	-0.04	-0.02	0.07	0.07	-0.1	0.0	-0.06	-0.01	0.1	0.11	-0.23	0.02	0.08	0.07	-0.3	-0.14	-0.21		1.0	0.3	-0.24	-0.05
Extraordinary Items	-0.33	0.01	-0.05	-0.04	-0.07	-0.04	0.05	0.05	-0.13	-0.01	-0.09	-0.03	0.09	0.1	-0.24	-0.01	0.12	0.05	-0.29	-0.13	-0.22	1.0		0.31	-0.25	-0.04
Interest Income	-0.11	0.32	-0.25	-0.35	-0.33	-0.3	-0.73	-0.69	-0.52	-0.34	-0.18	-0.74	0.35	-0.55	-0.74	-0.25	0.56	-0.71	-0.6	-0.21	-0.84	0.3	0.31		-0.97	0.81
Net Interest Income	0.01	-0.39	0.17	0.26	0.23	0.22	0.74	0.71	0.41	0.27	0.09	0.79	-0.31	0.63	0.74	0.15	-0.48	0.78	0.66	0.22	0.87	-0.24	-0.25	-0.97		-0.84
Reconciled Depreciation	0.23	0.35	-0.05	-0.19	-0.12	-0.15	-0.64	-0.67	-0.3	-0.23	0.03	-0.59	0.61	-0.48	-0.5	-0.09	0.42	-0.61	-0.81	-0.31	-0.6	-0.05	-0.04	0.81	-0.84

Click cells to compare fundamentals

Belden Account Relationship Matchups

Belden income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	55.8M	58.9M	62.7M	43.6M	33.6M	35.1M
Total Revenue	2.1B	1.9B	2.4B	2.6B	2.5B	1.6B
Gross Profit	793.5M	663.3M	854.4M	916.3M	916.3M	534.8M
Operating Income	207.2M	125.4M	296.5M	363.3M	330.3M	346.8M
Ebit	207.2M	125.4M	296.5M	363.3M	330.3M	346.8M
Ebitda	347.5M	233.7M	384.5M	418.2M	429.8M	218.0M
Cost Of Revenue	1.3B	1.2B	1.6B	1.7B	1.6B	1.1B
Income Before Tax	152.4M	66.1M	87.7M	317.4M	285.8M	300.0M
Net Income	109.9M	54.4M	63.9M	254.7M	242.8M	254.9M
Income Tax Expense	42.5M	11.7M	25.2M	49.6M	43.2M	45.4M
Research Development	94.4M	107.3M	124.7M	104.4M	114.8M	73.1M
Minority Interest	239K	104K	(392K)	(159K)	197K	110.6K
Tax Provision	42.5M	11.7M	25.2M	49.6M	56.0M	58.8M
Extraordinary Items	(486.7M)	(109.5M)	1.9M	(12.9M)	(11.6M)	(12.2M)
Interest Income	55.8M	58.9M	62.7M	43.6M	39.2M	56.0M
Net Interest Income	(55.8M)	(58.9M)	(62.7M)	(43.6M)	(33.6M)	(35.3M)

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

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Moving against Belden Stock

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0.65	DZSI	DZS Inc Financial Report 13th of May 2024	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 Belden Valuation and Belden Correlation analysis.

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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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 Income Statement Research

Belden income statement Correlations

Belden Account Relationship Matchups

High Positive Relationship

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Belden income statement 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

Other Operating Expenses	+ 1.0	Total Revenue
Extraordinary Items	+ 1.0	Discontinued Operations
Gross Profit	+ 0.98	Selling General Administrative
Cost Of Revenue	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Other Operating Expenses
Ebit	+ 0.98	Operating Income

Net Interest Income	- 0.97	Interest Income
Reconciled Depreciation	- 0.84	Net Interest Income
Interest Income	- 0.84	Tax Provision
Reconciled Depreciation	- 0.81	Non Recurring
Interest Income	- 0.74	Income Tax Expense
Interest Income	- 0.74	Income Before Tax