Bkm Property Plant And Equipment Net vs Total Assets Analysis

BKMINDST   45.00  0.00  0.00%   
Bkm Industries financial indicator trend analysis is way more than just evaluating Bkm Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bkm Industries is a good investment. Please check the relationship between Bkm Industries Property Plant And Equipment Net and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bkm Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bkm Industries Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bkm Industries' Property Plant And Equipment Net and Total Assets is 0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bkm Industries Limited, assuming nothing else is changed. The correlation between historical values of Bkm Industries' Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Bkm Industries Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Bkm Industries' Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Bkm Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bkm Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Bkm Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bkm Industries 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 Bkm Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about (2.3 M) in 2024. Selling General Administrative is likely to drop to about 1.6 M in 2024

Bkm Industries fundamental ratios Correlations

-0.48-0.710.870.90.95-0.190.390.510.810.940.83-0.430.940.740.70.830.90.670.730.920.92-0.72-0.01-0.060.34
-0.480.54-0.35-0.57-0.290.150.31-0.61-0.51-0.39-0.070.35-0.37-0.57-0.3-0.13-0.79-0.73-0.54-0.32-0.680.89-0.50.08-0.32
-0.710.54-0.41-0.82-0.73-0.2-0.19-0.7-0.39-0.61-0.590.41-0.62-0.66-0.47-0.67-0.67-0.31-0.54-0.5-0.660.75-0.37-0.19-0.55
0.87-0.35-0.410.570.75-0.380.460.090.890.860.72-0.140.860.660.70.60.750.670.40.980.8-0.5-0.36-0.26-0.05
0.9-0.57-0.820.570.90.00.190.780.590.790.74-0.610.80.660.550.790.860.570.870.660.83-0.780.330.110.58
0.95-0.29-0.730.750.9-0.070.40.490.70.910.91-0.530.920.630.580.870.750.490.710.830.78-0.59-0.03-0.030.38
-0.190.15-0.2-0.380.0-0.07-0.030.4-0.52-0.2-0.010.23-0.20.32-0.120.0-0.17-0.64-0.15-0.32-0.280.140.080.330.7
0.390.31-0.190.460.190.4-0.03-0.080.050.220.640.450.230.210.810.510.17-0.180.110.510.130.19-0.230.55-0.04
0.51-0.61-0.70.090.780.490.4-0.080.140.40.28-0.390.40.620.30.550.660.290.740.20.57-0.710.530.270.9
0.81-0.51-0.390.890.590.7-0.520.050.140.890.52-0.470.890.550.380.510.760.880.470.870.86-0.67-0.25-0.56-0.07
0.94-0.39-0.610.860.790.91-0.20.220.40.890.74-0.511.00.710.470.790.790.690.620.910.89-0.68-0.23-0.380.28
0.83-0.07-0.590.720.740.91-0.010.640.280.520.74-0.280.750.510.680.740.570.240.570.780.54-0.32-0.140.170.24
-0.430.350.41-0.14-0.61-0.530.230.45-0.39-0.47-0.51-0.28-0.52-0.060.24-0.32-0.37-0.53-0.6-0.19-0.440.55-0.290.38-0.2
0.94-0.37-0.620.860.80.92-0.20.230.40.891.00.75-0.520.70.470.80.780.680.620.910.88-0.67-0.24-0.370.28
0.74-0.57-0.660.660.660.630.320.210.620.550.710.51-0.060.70.580.580.80.40.40.690.76-0.67-0.04-0.050.6
0.7-0.3-0.470.70.550.58-0.120.810.30.380.470.680.240.470.580.590.670.290.450.720.57-0.330.060.480.17
0.83-0.13-0.670.60.790.870.00.510.550.510.790.74-0.320.80.580.590.630.340.640.740.73-0.49-0.020.10.49
0.9-0.79-0.670.750.860.75-0.170.170.660.760.790.57-0.370.780.80.670.630.790.760.780.95-0.870.24-0.020.43
0.67-0.73-0.310.670.570.49-0.64-0.180.290.880.690.24-0.530.680.40.290.340.790.60.640.84-0.780.09-0.46-0.04
0.73-0.54-0.540.40.870.71-0.150.110.740.470.620.57-0.60.620.40.450.640.760.60.480.69-0.70.360.130.54
0.92-0.32-0.50.980.660.83-0.320.510.20.870.910.78-0.190.910.690.720.740.780.640.480.84-0.54-0.31-0.20.07
0.92-0.68-0.660.80.830.78-0.280.130.570.860.890.54-0.440.880.760.570.730.950.840.690.84-0.860.09-0.220.33
-0.720.890.75-0.5-0.78-0.590.140.19-0.71-0.67-0.68-0.320.55-0.67-0.67-0.33-0.49-0.87-0.78-0.7-0.54-0.86-0.380.19-0.46
-0.01-0.5-0.37-0.360.33-0.030.08-0.230.53-0.25-0.23-0.14-0.29-0.24-0.040.06-0.020.240.090.36-0.310.09-0.380.550.33
-0.060.08-0.19-0.260.11-0.030.330.550.27-0.56-0.380.170.38-0.37-0.050.480.1-0.02-0.460.13-0.2-0.220.190.550.27
0.34-0.32-0.55-0.050.580.380.7-0.040.9-0.070.280.24-0.20.280.60.170.490.43-0.040.540.070.33-0.460.330.27
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Bkm Industries Account Relationship Matchups

Bkm Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.4B3.8B1.8B323.0M306.9M
Short Long Term Debt Total881.5M1.6B1.5B1.3B1.5B1.2B
Other Current Liab21.3M96.4M165.4M234.2M336.8M171.2M
Total Current Liabilities1.7B1.7B2.0B1.5B336.8M319.9M
Total Stockholder Equity2.3B1.8B1.5B120.4M(13.7M)(13.1M)
Property Plant And Equipment Net2.0B2.2B2.1B366.8M74.7M71.0M
Net Debt852.7M1.6B1.4B1.3B(457K)(434.2K)
Cash28.8M28.2M20.2M1.8M457K434.2K
Non Current Assets Total2.1B2.2B3.1B963.8M76.9M73.1M
Non Currrent Assets Other37.8M(2M)(2.1M)164.9M17K16.2K
Cash And Short Term Investments28.8M28.9M21.4M1.8M457K434.2K
Net Receivables1.8B390.2M316.1M495.6M563K534.9K
Liabilities And Stockholders Equity4.6B4.4B3.8B1.8B323.0M306.9M
Inventory628.5M299.1M274.9M219.3M108K102.6K
Other Current Assets129.2M276.8M111.3M106.7M245.0M232.7M
Total Liab2.2B2.5B2.3B1.7B336.8M319.9M
Total Current Assets2.5B2.1B722.5M823.4M246.1M233.8M
Accumulated Other Comprehensive Income1.2B1.2B1.2B54.8M(15.0M)(14.2M)
Short Term Debt558.3M1.0B1.2B1.2B1.4B884.0M

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