BBC Stock | | | 0.33 0.01 2.94% |
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 Non Current Assets Total and its Intangible 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.
Non Current Assets Total vs Intangible Assets
Non Current Assets Total vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BNK Banking Non Current Assets Total account and
Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between BNK Banking's Non Current Assets Total and Intangible Assets is 0.06. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible 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 Non Current Assets Total and Intangible 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 Non Current Assets Total of BNK Banking are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., BNK Banking's Non Current Assets Total and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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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