BBC Stock | | | 0.33 0.00 0.00% |
BNK Banking financial indicator trend analysis is way more than just evaluating BNK Banking prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BNK Banking is a good investment. Please check the relationship between BNK Banking Accounts Payable and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BNK Banking. 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.
Accounts Payable vs Other Assets
Accounts Payable vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BNK Banking Accounts Payable account and
Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between BNK Banking's Accounts Payable and Other Assets is 0.64. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets in the same time period over historical financial statements of BNK Banking, assuming nothing else is changed. The correlation between historical values of BNK Banking's Accounts Payable and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of BNK Banking are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., BNK Banking's Accounts Payable and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents BNK Banking obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BNK Banking are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Assets
Most indicators from BNK Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BNK Banking 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 BNK Banking. 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.
At this time, BNK Banking's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 87.2
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.3
M).
BNK Banking fundamental ratios Correlations
Click cells to compare fundamentals
BNK Banking Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BNK Banking fundamental ratios Accounts
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Additional Tools for BNK Stock Analysis
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measure BNK Banking'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 BNK Banking is operating at the current time. Most of BNK Banking's value examination focuses on studying past and present price action to
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