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 Cash and its Capital Lease Obligations 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.
Cash vs Capital Lease Obligations
Cash vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brixton Metals Cash account and
Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brixton Metals' Cash and Capital Lease Obligations is -0.06. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Capital Lease Obligations 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' Cash and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Brixton Metals are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Cash i.e., Brixton Metals' Cash and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Brixton Metals, which is listed under current asset account on Brixton Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Brixton Metals customers. The amounts must be unrestricted with restricted cash listed in a different Brixton Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.
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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