Bkm Total Current Assets vs Other Liab 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 Total Current Assets and its Other Liab 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.
Total Current Assets vs Other Liab
Total Current Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bkm Industries Total Current Assets account and Other Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bkm Industries' Total Current Assets and Other Liab is 0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Liab 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' Total Current Assets and Other Liab 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 Current Assets of Bkm Industries Limited are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Current Assets i.e., Bkm Industries' Total Current Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Liab
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
Click cells to compare fundamentals
Bkm Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bkm Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.6B | 4.4B | 3.8B | 1.8B | 323.0M | 306.9M | |
Short Long Term Debt Total | 881.5M | 1.6B | 1.5B | 1.3B | 1.5B | 1.2B | |
Other Current Liab | 21.3M | 96.4M | 165.4M | 234.2M | 336.8M | 171.2M | |
Total Current Liabilities | 1.7B | 1.7B | 2.0B | 1.5B | 336.8M | 319.9M | |
Total Stockholder Equity | 2.3B | 1.8B | 1.5B | 120.4M | (13.7M) | (13.1M) | |
Property Plant And Equipment Net | 2.0B | 2.2B | 2.1B | 366.8M | 74.7M | 71.0M | |
Net Debt | 852.7M | 1.6B | 1.4B | 1.3B | (457K) | (434.2K) | |
Cash | 28.8M | 28.2M | 20.2M | 1.8M | 457K | 434.2K | |
Non Current Assets Total | 2.1B | 2.2B | 3.1B | 963.8M | 76.9M | 73.1M | |
Non Currrent Assets Other | 37.8M | (2M) | (2.1M) | 164.9M | 17K | 16.2K | |
Cash And Short Term Investments | 28.8M | 28.9M | 21.4M | 1.8M | 457K | 434.2K | |
Net Receivables | 1.8B | 390.2M | 316.1M | 495.6M | 563K | 534.9K | |
Liabilities And Stockholders Equity | 4.6B | 4.4B | 3.8B | 1.8B | 323.0M | 306.9M | |
Inventory | 628.5M | 299.1M | 274.9M | 219.3M | 108K | 102.6K | |
Other Current Assets | 129.2M | 276.8M | 111.3M | 106.7M | 245.0M | 232.7M | |
Total Liab | 2.2B | 2.5B | 2.3B | 1.7B | 336.8M | 319.9M | |
Total Current Assets | 2.5B | 2.1B | 722.5M | 823.4M | 246.1M | 233.8M | |
Accumulated Other Comprehensive Income | 1.2B | 1.2B | 1.2B | 54.8M | (15.0M) | (14.2M) | |
Short Term Debt | 558.3M | 1.0B | 1.2B | 1.2B | 1.4B | 884.0M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bkm Stock Analysis
When running Bkm Industries' price analysis, check to measure Bkm Industries' 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 Bkm Industries is operating at the current time. Most of Bkm Industries' value examination focuses on studying past and present price action to predict the probability of Bkm Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bkm Industries' price. Additionally, you may evaluate how the addition of Bkm Industries to your portfolios can decrease your overall portfolio volatility.