| BHMU Stock | | | 4.11 0.01 0.24% |
BH Macro financial indicator trend analysis is way more than just evaluating BH Macro Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BH Macro Limited is a good investment. Please check the relationship between BH Macro Depreciation And Amortization and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BH Macro Limited. 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.
Depreciation And Amortization vs Other Operating Expenses
Depreciation And Amortization vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BH Macro Limited Depreciation And Amortization account and
Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between BH Macro's Depreciation And Amortization and Other Operating Expenses is 0.03. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of BH Macro Limited, assuming nothing else is changed. The correlation between historical values of BH Macro's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of BH Macro Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., BH Macro's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BH Macro Limited. It is also known as BH Macro overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from BH Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BH Macro Limited 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 BH Macro Limited. 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.
Selling General Administrative is likely to drop to about 51.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 218
M in 2024
BH Macro fundamental ratios Correlations
Click cells to compare fundamentals
BH Macro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BH Macro fundamental ratios Accounts
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Additional Tools for BHMU Stock Analysis
When running BH Macro's price analysis, check to
measure BH Macro'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 BH Macro is operating at the current time. Most of BH Macro's value examination focuses on studying past and present price action to
predict the probability of BH Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BH Macro's price. Additionally, you may evaluate how the addition of BH Macro to your portfolios can decrease your overall portfolio volatility.