| BTV Stock | | | CAD 0.01 0.00 0.00% |
BLUERUSH Media financial indicator trend analysis is way more than just evaluating BLUERUSH Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BLUERUSH Media Group is a good investment. Please check the relationship between BLUERUSH Media Long Term Debt and its Non Currrent Assets Other accounts. Check out
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Long Term Debt vs Non Currrent Assets Other
Long Term Debt vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BLUERUSH Media Group Long Term Debt account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BLUERUSH Media's Long Term Debt and Non Currrent Assets Other is -0.41. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of BLUERUSH Media Group, assuming nothing else is changed. The correlation between historical values of BLUERUSH Media's Long Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of BLUERUSH Media Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., BLUERUSH Media's Long Term Debt and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.41 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that BLUERUSH Media Group has held for over one year. Long-term debt appears on BLUERUSH Media Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on BLUERUSH Media Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from BLUERUSH Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BLUERUSH Media Group 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 BLUERUSH Media Group. 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.
Discontinued Operations is likely to climb to about 2.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.7
M in 2024.
BLUERUSH Media fundamental ratios Correlations
Click cells to compare fundamentals
BLUERUSH Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BLUERUSH Media fundamental ratios Accounts
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