BRCK Stock | | | 63.20 2.40 3.95% |
Brickability Group financial indicator trend analysis is way more than just evaluating Brickability Group Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brickability Group Plc is a good investment. Please check the relationship between Brickability Group Cash And Short Term Investments and its Capital Lease Obligations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brickability Group Plc. 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.
Cash And Short Term Investments vs Capital Lease Obligations
Cash And Short Term Investments vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brickability Group Plc Cash And Short Term Investments account and
Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brickability Group's Cash And Short Term Investments and Capital Lease Obligations is 0.68. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Brickability Group Plc, assuming nothing else is changed. The correlation between historical values of Brickability Group's Cash And Short Term Investments and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Brickability Group Plc are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Cash And Short Term Investments i.e., Brickability Group's Cash And Short Term Investments and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Brickability Group Plc balance sheet. This account contains Brickability Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Brickability Group Plc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Capital Lease Obligations
Brickability Group Plc capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Brickability Group asset purchases. For example, Brickability Group can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Brickability Group control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Brickability Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brickability Group Plc 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 Brickability Group Plc. 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 4.3
M in 2024.
Selling General Administrative is likely to drop to about 38.2
M in 2024
Brickability Group fundamental ratios Correlations
Click cells to compare fundamentals
Brickability Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brickability Group fundamental ratios Accounts
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Additional Tools for Brickability Stock Analysis
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