BBB Stock | | | CAD 0.07 0.01 7.14% |
Brixton Metals financial indicator trend analysis is way more than just evaluating Brixton Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brixton Metals is a good investment. Please check the relationship between Brixton Metals Capital Lease Obligations and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brixton Metals. 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.
Capital Lease Obligations vs Cash And Short Term Investments
Capital Lease Obligations vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brixton Metals Capital Lease Obligations account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brixton Metals' Capital Lease Obligations and Cash And Short Term Investments is -0.06. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Brixton Metals, assuming nothing else is changed. The correlation between historical values of Brixton Metals' Capital Lease Obligations and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Brixton Metals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Capital Lease Obligations i.e., Brixton Metals' Capital Lease Obligations and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Lease Obligations
Brixton Metals capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Brixton Metals asset purchases. For example, Brixton Metals can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Brixton Metals control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Brixton Metals balance sheet. This account contains Brixton Metals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Brixton Metals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Brixton Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brixton Metals 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 Brixton Metals. 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.
Enterprise Value is likely to climb to about 50.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
M in 2024.
Brixton Metals fundamental ratios Correlations
Click cells to compare fundamentals
Brixton Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brixton Metals fundamental ratios Accounts
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Additional Tools for Brixton Stock Analysis
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predict the probability of Brixton Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brixton Metals' price. Additionally, you may evaluate how the addition of Brixton Metals to your portfolios can decrease your overall portfolio volatility.