Bakkt Net Borrowings vs Other Non Cash Items 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 Net Borrowings and its Other Non Cash Items 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.

Net Borrowings vs Other Non Cash Items

Net Borrowings vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Net Borrowings account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bakkt Holdings' Net Borrowings and Other Non Cash Items is -0.5. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Other Non Cash Items 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' Net Borrowings and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Bakkt Holdings are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Borrowings i.e., Bakkt Holdings' Net Borrowings and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Other Non Cash Items

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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