| BCM Stock | | | CAD 0.43 0.03 6.52% |
Bear Creek financial indicator trend analysis is way more than just evaluating Bear Creek Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bear Creek Mining is a good investment. Please check the relationship between Bear Creek Cash 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 Bear Creek Mining. 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 Cash And Short Term Investments
Cash 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
Bear Creek Mining Cash account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bear Creek's Cash and Cash And Short Term Investments is 0.97. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Bear Creek Mining, assuming nothing else is changed. The correlation between historical values of Bear Creek's Cash 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 Cash of Bear Creek Mining 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 Cash i.e., Bear Creek's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Bear Creek Mining, which is listed under current asset account on Bear Creek Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bear Creek customers. The amounts must be unrestricted with restricted cash listed in a different Bear Creek 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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bear Creek Mining balance sheet. This account contains Bear Creek investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bear Creek Mining 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 Bear Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bear Creek Mining 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 Bear Creek Mining. 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, Bear Creek's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 7.70 in 2024, despite the fact that
Tax Provision is likely to grow to (1.3
M).
Bear Creek fundamental ratios Correlations
Click cells to compare fundamentals
Bear Creek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bear Creek fundamental ratios Accounts
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Additional Tools for Bear Stock Analysis
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measure Bear Creek'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 Bear Creek is operating at the current time. Most of Bear Creek's value examination focuses on studying past and present price action to
predict the probability of Bear Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bear Creek's price. Additionally, you may evaluate how the addition of Bear Creek to your portfolios can decrease your overall portfolio volatility.