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 Total Liab and its Non Currrent Assets Other 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.
Total Liab vs Non Currrent Assets Other
Total Liab vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brookdale Senior Living Total Liab account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brookdale Senior's Total Liab and Non Currrent Assets Other is 0.57. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Currrent Assets Other 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 Total Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Brookdale Senior Living are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Liab i.e., Brookdale Senior's Total Liab and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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