BFLY Stock | | | USD 3.39 0.15 4.24% |
Butterfly Network financial indicator trend analysis is way more than just evaluating Butterfly Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butterfly Network is a good investment. Please check the relationship between Butterfly Network Short Term Debt and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Butterfly Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Butterfly Stock please use our
How to Invest in Butterfly Network guide.
Short Term Debt vs Total Liab
Short Term Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Butterfly Network Short Term Debt account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Butterfly Network's Short Term Debt and Total Liab is -0.17. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Butterfly Network, assuming nothing else is changed. The correlation between historical values of Butterfly Network's Short Term Debt and Total 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 Short Term Debt of Butterfly Network are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Debt i.e., Butterfly Network's Short Term Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Debt
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Butterfly Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butterfly Network 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 Butterfly Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Butterfly Stock please use our
How to Invest in Butterfly Network guide.At this time, Butterfly Network's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 154.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 62.5
K in 2024.
Butterfly Network fundamental ratios Correlations
Click cells to compare fundamentals
Butterfly Network Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Butterfly Network fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Butterfly Stock Analysis
When running Butterfly Network's price analysis, check to
measure Butterfly Network'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 Butterfly Network is operating at the current time. Most of Butterfly Network's value examination focuses on studying past and present price action to
predict the probability of Butterfly Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butterfly Network's price. Additionally, you may evaluate how the addition of Butterfly Network to your portfolios can decrease your overall portfolio volatility.