Bakkt Depreciation vs Free Cash Flow Analysis

BKKT Stock  USD 27.79  0.23  0.83%   
Bakkt Holdings financial indicator trend analysis is way more than just evaluating Bakkt Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bakkt Holdings is a good investment. Please check the relationship between Bakkt Holdings Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakkt Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Bakkt Holdings' Depreciation and Free Cash Flow is -0.82. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Bakkt Holdings, assuming nothing else is changed. The correlation between historical values of Bakkt Holdings' Depreciation and Free Cash Flow 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 of Bakkt Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Bakkt Holdings' Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of Bakkt Holdings value has been used up. For tax purposes Bakkt Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, Bakkt Holdings must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Bakkt Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bakkt Holdings 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 Bakkt Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.Enterprise Value is likely to gain to about 181.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 124.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses187.9M231.9M289.5M174.3M
Cost Of Revenue175.1M167.6M718.5M754.4M

Bakkt Holdings fundamental ratios Correlations

0.380.390.530.56-0.050.26-0.77-0.350.480.840.89-0.67-0.70.790.630.91-0.680.030.350.420.620.89-0.510.560.48
0.381.0-0.4-0.38-0.760.160.28-0.830.5-0.18-0.08-0.8-0.59-0.130.7-0.04-0.620.081.01.00.95-0.09-0.520.640.72
0.391.0-0.4-0.38-0.770.190.27-0.850.53-0.17-0.07-0.81-0.61-0.110.72-0.03-0.640.111.01.00.95-0.08-0.530.660.74
0.53-0.4-0.40.990.510.07-0.780.41-0.080.740.8-0.07-0.290.59-0.040.79-0.23-0.25-0.42-0.38-0.210.790.380.18-0.28
0.56-0.38-0.380.990.56-0.01-0.810.44-0.130.770.82-0.05-0.250.58-0.070.82-0.19-0.33-0.4-0.36-0.20.80.340.14-0.31
-0.05-0.76-0.770.510.56-0.61-0.530.94-0.770.420.350.750.640.15-0.760.340.69-0.61-0.76-0.78-0.720.30.36-0.73-0.83
0.260.160.190.07-0.01-0.61-0.04-0.620.870.130.14-0.59-0.690.470.640.13-0.720.870.140.210.320.25-0.250.640.64
-0.770.280.27-0.78-0.81-0.53-0.04-0.26-0.06-0.99-0.970.080.23-0.87-0.11-0.960.190.120.30.240.0-0.960.22-0.040.04
-0.35-0.83-0.850.410.440.94-0.62-0.26-0.870.130.070.860.75-0.13-0.910.050.79-0.62-0.82-0.86-0.870.020.62-0.78-0.96
0.480.50.53-0.08-0.13-0.770.87-0.06-0.870.180.21-0.82-0.840.50.930.21-0.870.830.480.550.670.3-0.560.810.93
0.84-0.18-0.170.740.770.420.13-0.990.130.180.98-0.2-0.330.920.230.98-0.3-0.03-0.2-0.140.110.98-0.310.150.09
0.89-0.08-0.070.80.820.350.14-0.970.070.210.98-0.31-0.440.880.31.0-0.4-0.08-0.1-0.040.20.99-0.250.270.12
-0.67-0.8-0.81-0.07-0.050.75-0.590.080.86-0.82-0.2-0.310.96-0.33-0.93-0.340.97-0.37-0.78-0.83-0.9-0.340.43-0.95-0.84
-0.7-0.59-0.61-0.29-0.250.64-0.690.230.75-0.84-0.33-0.440.96-0.49-0.9-0.461.0-0.44-0.57-0.63-0.74-0.490.3-0.98-0.78
0.79-0.13-0.110.590.580.150.47-0.87-0.130.50.920.88-0.33-0.490.450.86-0.470.37-0.16-0.080.190.92-0.460.30.36
0.630.70.72-0.04-0.07-0.760.64-0.11-0.910.930.230.3-0.93-0.90.450.31-0.920.580.680.740.850.35-0.60.890.96
0.91-0.04-0.030.790.820.340.13-0.960.050.210.981.0-0.34-0.460.860.31-0.42-0.11-0.060.00.230.99-0.260.290.13
-0.68-0.62-0.64-0.23-0.190.69-0.720.190.79-0.87-0.3-0.40.971.0-0.47-0.92-0.42-0.48-0.6-0.66-0.77-0.450.34-0.97-0.81
0.030.080.11-0.25-0.33-0.610.870.12-0.620.83-0.03-0.08-0.37-0.440.370.58-0.11-0.480.060.120.210.03-0.420.420.68
0.351.01.0-0.42-0.4-0.760.140.3-0.820.48-0.2-0.1-0.78-0.57-0.160.68-0.06-0.60.061.00.94-0.12-0.50.620.7
0.421.01.0-0.38-0.36-0.780.210.24-0.860.55-0.14-0.04-0.83-0.63-0.080.740.0-0.660.121.00.96-0.05-0.540.670.75
0.620.950.95-0.21-0.2-0.720.320.0-0.870.670.110.2-0.9-0.740.190.850.23-0.770.210.940.960.2-0.660.740.83
0.89-0.09-0.080.790.80.30.25-0.960.020.30.980.99-0.34-0.490.920.350.99-0.450.03-0.12-0.050.2-0.280.310.18
-0.51-0.52-0.530.380.340.36-0.250.220.62-0.56-0.31-0.250.430.3-0.46-0.6-0.260.34-0.42-0.5-0.54-0.66-0.28-0.2-0.72
0.560.640.660.180.14-0.730.64-0.04-0.780.810.150.27-0.95-0.980.30.890.29-0.970.420.620.670.740.31-0.20.77
0.480.720.74-0.28-0.31-0.830.640.04-0.960.930.090.12-0.84-0.780.360.960.13-0.810.680.70.750.830.18-0.720.77
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Bakkt Holdings Account Relationship Matchups

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Additional Tools for Bakkt Stock Analysis

When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' 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 Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.