BKDT Stock | | | 74.01 0.00 0.00% |
Brookdale Senior financial indicator trend analysis is way more than just evaluating Brookdale Senior Living prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookdale Senior Living is a good investment. Please check the relationship between Brookdale Senior Non Current Assets Total and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookdale Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Non Current Assets Total vs Non Current Liabilities Total
Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookdale Senior Living Non Current Assets Total account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Brookdale Senior's Non Current Assets Total and Non Current Liabilities Total is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Brookdale Senior Living, assuming nothing else is changed. The correlation between historical values of Brookdale Senior's Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Brookdale Senior Living are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., Brookdale Senior's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Non Current Liabilities Total
Most indicators from Brookdale Senior's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookdale Senior Living 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 Brookdale Senior Living. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Selling General Administrative is likely to drop to about 166.3
M in 2024.
Tax Provision is likely to drop to about (1.6
M) in 2024
Brookdale Senior fundamental ratios Correlations
Click cells to compare fundamentals
Brookdale Senior Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brookdale Senior fundamental ratios Accounts
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Additional Tools for Brookdale Stock Analysis
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