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 Total Current Liabilities and its Other Liab 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.
Total Current Liabilities vs Other Liab
Total Current Liabilities vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BNK Banking Total Current Liabilities account and
Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BNK Banking's Total Current Liabilities and Other Liab is 0.51. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Liab 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 Total Current Liabilities and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of BNK Banking are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Liabilities i.e., BNK Banking's Total Current Liabilities and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on BNK Banking balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BNK Banking are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Other Liab
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
predict the probability of BNK Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BNK Banking's price. Additionally, you may evaluate how the addition of BNK Banking to your portfolios can decrease your overall portfolio volatility.