BWAY Stock | | | USD 9.87 0.19 1.96% |
Brainsway financial indicator trend analysis is way more than just evaluating Brainsway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainsway is a good investment. Please check the relationship between Brainsway Net Invested Capital and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Net Invested Capital vs Total Liab
Net Invested Capital vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainsway Net Invested Capital account and
Total Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Brainsway's Net Invested Capital and Total Liab is 0.35. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Liab in the same time period over historical financial statements of Brainsway, assuming nothing else is changed. The correlation between historical values of Brainsway's Net Invested Capital and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Brainsway are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Invested Capital i.e., Brainsway's Net Invested Capital and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Brainsway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainsway 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 Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Selling General Administrative is likely to rise to about 9
M in 2024, whereas
Tax Provision is likely to drop slightly above 275.8
K in 2024.
Brainsway fundamental ratios Correlations
Click cells to compare fundamentals
Brainsway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brainsway fundamental ratios Accounts
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Additional Tools for Brainsway Stock Analysis
When running Brainsway's price analysis, check to
measure Brainsway'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 Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to
predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.