BTN Stock | | | 0.07 0.00 0.00% |
Butn financial indicator trend analysis is way more than just evaluating Butn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butn is a good investment. Please check the relationship between Butn Cost Of Revenue and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Butn. 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.
Cost Of Revenue vs Reconciled Depreciation
Cost Of Revenue vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Butn Cost Of Revenue account and
Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Butn's Cost Of Revenue and Reconciled Depreciation is -0.89. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Butn, assuming nothing else is changed. The correlation between historical values of Butn's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Butn are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Butn's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Butn income statement and represents the costs associated with goods and services Butn provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Reconciled Depreciation
Most indicators from Butn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butn 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 Butn. 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.
Issuance Of Capital Stock is likely to gain to about 7.5
M in 2024, whereas
Tax Provision is likely to drop
(602.70) in 2024.
Butn fundamental ratios Correlations
Click cells to compare fundamentals
Butn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Butn fundamental ratios Accounts
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Additional Tools for Butn Stock Analysis
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measure Butn's 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 Butn is operating at the current time. Most of Butn's value examination focuses on studying past and present price action to
predict the probability of Butn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butn's price. Additionally, you may evaluate how the addition of Butn to your portfolios can decrease your overall portfolio volatility.