Bakkt Net Invested Capital vs Short Term Investments Analysis

BKKT Stock  USD 29.40  1.61  5.79%   
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 Invested Capital and its Short Term Investments 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 Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bakkt Holdings' Net Invested Capital and Short Term Investments is -0.59. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments 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 Invested Capital and Short Term Investments 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 Invested Capital of Bakkt Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Bakkt Holdings' Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Investments

Short Term Investments is an item under the current assets section of Bakkt Holdings balance sheet. It contains any investments Bakkt Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bakkt Holdings can easily liquidate in the marketplace.
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

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