Big Change To Inventory vs Net Borrowings Analysis

BIG Stock   138.50  0.50  0.36%   
Big Technologies financial indicator trend analysis is way more than just evaluating Big Technologies PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Technologies PLC is a good investment. Please check the relationship between Big Technologies Change To Inventory and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Technologies PLC. 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.

Change To Inventory vs Net Borrowings

Change To Inventory vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Technologies PLC Change To Inventory account and Net Borrowings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Big Technologies' Change To Inventory and Net Borrowings is -0.63. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Big Technologies PLC, assuming nothing else is changed. The correlation between historical values of Big Technologies' Change To Inventory and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Big Technologies PLC are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Inventory i.e., Big Technologies' Change To Inventory and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Big Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Technologies PLC 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 Big Technologies PLC. 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.
As of December 16, 2024, Selling General Administrative is expected to decline to about 12.4 M. In addition to that, Tax Provision is expected to decline to about 1.1 M
 2021 2022 2023 2024 (projected)
Interest Expense47K42K95K90.3K
Depreciation And Amortization3.1M3.8M5.2M3.9M

Big Technologies fundamental ratios Correlations

-0.85-0.38-0.771.00.940.98-0.960.910.90.930.970.70.930.94-0.530.740.580.970.93-0.81.0-0.87-0.390.95-0.15
-0.850.790.96-0.86-0.8-0.810.86-0.77-0.98-0.8-0.75-0.63-0.8-0.920.4-0.57-0.84-0.74-0.930.97-0.840.990.54-0.8-0.3
-0.380.790.8-0.42-0.3-0.330.4-0.28-0.68-0.32-0.23-0.29-0.32-0.510.02-0.02-0.8-0.19-0.590.78-0.370.740.49-0.39-0.64
-0.770.960.8-0.79-0.74-0.760.82-0.76-0.91-0.77-0.7-0.74-0.77-0.810.5-0.56-0.95-0.64-0.861.0-0.760.970.72-0.68-0.34
1.0-0.86-0.42-0.790.930.98-0.960.910.910.930.960.710.930.95-0.520.730.610.960.94-0.821.0-0.88-0.410.94-0.12
0.94-0.8-0.3-0.740.930.9-0.990.990.851.00.930.711.00.9-0.750.910.530.910.89-0.790.93-0.85-0.350.9-0.21
0.98-0.81-0.33-0.760.980.9-0.930.910.840.910.940.710.910.88-0.560.760.620.970.86-0.780.97-0.84-0.520.86-0.08
-0.960.860.40.82-0.96-0.99-0.93-0.98-0.9-0.99-0.94-0.76-0.99-0.920.72-0.87-0.63-0.91-0.920.86-0.950.90.44-0.90.14
0.91-0.77-0.28-0.760.910.990.91-0.980.810.990.920.770.990.85-0.820.940.590.890.84-0.80.91-0.84-0.470.83-0.18
0.9-0.98-0.68-0.910.910.850.84-0.90.810.850.830.640.850.97-0.410.620.760.820.97-0.930.89-0.98-0.440.870.17
0.93-0.8-0.32-0.770.931.00.91-0.990.990.850.940.761.00.89-0.780.910.580.90.89-0.820.93-0.86-0.410.88-0.2
0.97-0.75-0.23-0.70.960.930.94-0.940.920.830.940.80.940.9-0.60.80.50.960.9-0.730.96-0.79-0.360.91-0.33
0.7-0.63-0.29-0.740.710.710.71-0.760.770.640.760.80.760.63-0.670.690.690.640.71-0.750.68-0.69-0.670.58-0.22
0.93-0.8-0.32-0.770.931.00.91-0.990.990.851.00.940.760.89-0.780.910.580.90.89-0.820.93-0.86-0.410.88-0.2
0.94-0.92-0.51-0.810.950.90.88-0.920.850.970.890.90.630.89-0.420.690.610.90.98-0.840.94-0.92-0.310.93-0.01
-0.530.40.020.5-0.52-0.75-0.560.72-0.82-0.41-0.78-0.6-0.67-0.78-0.42-0.9-0.41-0.51-0.440.55-0.520.510.46-0.420.25
0.74-0.57-0.02-0.560.730.910.76-0.870.940.620.910.80.690.910.69-0.90.420.770.65-0.620.73-0.65-0.370.64-0.27
0.58-0.84-0.8-0.950.610.530.62-0.630.590.760.580.50.690.580.61-0.410.420.460.66-0.920.56-0.85-0.880.420.53
0.97-0.74-0.19-0.640.960.910.97-0.910.890.820.90.960.640.90.9-0.510.770.460.84-0.670.97-0.76-0.330.89-0.21
0.93-0.93-0.59-0.860.940.890.86-0.920.840.970.890.90.710.890.98-0.440.650.660.84-0.890.93-0.94-0.350.94-0.05
-0.80.970.781.0-0.82-0.79-0.780.86-0.8-0.93-0.82-0.73-0.75-0.82-0.840.55-0.62-0.92-0.67-0.89-0.780.980.68-0.72-0.28
1.0-0.84-0.37-0.761.00.930.97-0.950.910.890.930.960.680.930.94-0.520.730.560.970.93-0.78-0.86-0.370.95-0.16
-0.870.990.740.97-0.88-0.85-0.840.9-0.84-0.98-0.86-0.79-0.69-0.86-0.920.51-0.65-0.85-0.76-0.940.98-0.860.58-0.81-0.25
-0.390.540.490.72-0.41-0.35-0.520.44-0.47-0.44-0.41-0.36-0.67-0.41-0.310.46-0.37-0.88-0.33-0.350.68-0.370.58-0.13-0.45
0.95-0.8-0.39-0.680.940.90.86-0.90.830.870.880.910.580.880.93-0.420.640.420.890.94-0.720.95-0.81-0.13-0.26
-0.15-0.3-0.64-0.34-0.12-0.21-0.080.14-0.180.17-0.2-0.33-0.22-0.2-0.010.25-0.270.53-0.21-0.05-0.28-0.16-0.25-0.45-0.26
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Big Technologies Account Relationship Matchups

Big Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.4M49.2M83.1M113.2M135.0M82.1M
Short Long Term Debt Total6.9M538K349K707K1.9M2.8M
Other Current Liab(374.1K)(7.3M)(6.7M)800.0K664K697.2K
Total Current Liabilities9.3M5.8M7.1M9.2M7.1M7.0M
Total Stockholder Equity28.9M40.2M74.2M102.5M125.7M70.3M
Net Tangible Assets11.7M23.7M58.2M83.1M95.6M100.4M
Property Plant And Equipment Net1.8M2.6M2.6M4.9M6.8M3.6M
Net Debt(4.7M)(17.5M)(48.0M)(66.8M)(85.7M)(81.4M)
Retained Earnings7.2M18.3M32.5M60.1M88.3M92.7M
Accounts Payable2.9M5.5M6.9M8.2M6.1M5.6M
Cash11.6M18.0M48.3M67.5M87.7M92.1M
Non Current Assets Total23.6M19.6M25.1M29.7M31.7M27.4M
Non Currrent Assets Other1.6M(19.6M)(13.4M)(13.4M)(1.0)(1.05)
Cash And Short Term Investments11.6M18.0M48.3M67.5M87.7M92.1M
Net Receivables3.2M4.4M6.6M9.2M6.9M5.9M
Liabilities And Stockholders Equity40.4M49.2M83.1M113.2M135.0M82.1M
Non Current Liabilities Total2.2M2.9M1.8M1.5M2.1M2.1M
Inventory2.1M2.2M3.1M6.8M7.2M4.2M
Total Liab11.5M8.7M8.9M10.7M9.2M8.6M
Total Current Assets16.9M24.6M58.0M83.5M103.3M53.8M
Accumulated Other Comprehensive Income(67K)28K275K414K(249K)(236.6K)
Short Term Debt6.4M226K195K247K274K260.3K
Intangible Assets6.7M3.1M19.5M19.4M5.7M9.7M

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Other Information on Investing in Big Stock

Balance Sheet is a snapshot of the financial position of Big Technologies PLC at a specified time, usually calculated after every quarter, six months, or one year. Big Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Big Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Big currently owns. An asset can also be divided into two categories, current and non-current.