British Capex To Depreciation vs Pb Ratio Analysis
BTI Stock | CAD 1.26 1.25 25,100% |
British Amer financial indicator trend analysis is way more than just evaluating biOasis Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether biOasis Technologies is a good investment. Please check the relationship between British Amer Capex To Depreciation and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in biOasis Technologies. 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.
Capex To Depreciation vs Pb Ratio
Capex To Depreciation vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of biOasis Technologies Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between British Amer's Capex To Depreciation and Pb Ratio is 0.79. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of biOasis Technologies, assuming nothing else is changed. The correlation between historical values of British Amer's Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of biOasis Technologies are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., British Amer's Capex To Depreciation and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Pb Ratio
Most indicators from British Amer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into biOasis Technologies 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 biOasis Technologies. 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. Selling General Administrative is likely to drop to about 2.5 M in 2024. Issuance Of Capital Stock is likely to drop to about 1 M in 2024
2023 | 2024 (projected) | Reconciled Depreciation | 63.7K | 50.7K | Interest Income | 1.6K | 1.5K |
British Amer fundamental ratios Correlations
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British Amer Account Relationship Matchups
High Positive Relationship
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