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 Inventory and its Total Assets 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.
Inventory vs Total Assets
Inventory vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Butn Inventory account and
Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Butn's Inventory and Total Assets is -0.89. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of Butn, assuming nothing else is changed. The correlation between historical values of Butn's Inventory 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 Inventory of Butn 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 Inventory i.e., Butn's Inventory and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Inventory
Total Assets
Total assets refers to the total amount of Butn 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 Butn 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 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.