Bowman Depreciation vs Change To Inventory Analysis

BWMN Stock  USD 28.00  0.20  0.72%   
Bowman Consulting financial indicator trend analysis is way more than just evaluating Bowman Consulting prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bowman Consulting is a good investment. Please check the relationship between Bowman Consulting Depreciation and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowman Consulting 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 population.

Depreciation vs Change To Inventory

Depreciation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowman Consulting Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bowman Consulting's Depreciation and Change To Inventory is 0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Bowman Consulting Group, assuming nothing else is changed. The correlation between historical values of Bowman Consulting's Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Bowman Consulting Group are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., Bowman Consulting's Depreciation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Bowman Consulting value has been used up. For tax purposes Bowman Consulting can deduct the cost of the tangible assets it purchases as business expenses. However, Bowman Consulting Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Bowman Consulting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bowman Consulting 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 Bowman Consulting 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 population.
At this time, Bowman Consulting's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value Multiple is likely to grow to 34.95, though Tax Provision is likely to grow to (2.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense918K3.2M5.3M5.6M
Depreciation And Amortization6.4M12.3M18.7M19.7M

Bowman Consulting fundamental ratios Correlations

0.89-0.470.860.9-0.760.90.98-0.10.87-0.660.970.850.90.660.750.910.850.990.890.920.680.91.00.910.89
0.89-0.310.990.95-0.770.940.88-0.150.99-0.770.870.751.00.80.850.820.750.891.00.930.580.980.890.830.78
-0.47-0.31-0.2-0.560.63-0.58-0.560.32-0.230.32-0.58-0.71-0.360.1-0.15-0.76-0.71-0.4-0.34-0.580.11-0.43-0.47-0.66-0.12
0.860.99-0.20.89-0.670.880.83-0.020.99-0.710.830.690.980.850.890.750.690.870.980.890.660.950.860.750.81
0.90.95-0.560.89-0.921.00.92-0.360.91-0.850.890.890.960.590.690.920.890.860.960.980.380.960.90.950.65
-0.76-0.770.63-0.67-0.92-0.93-0.850.68-0.720.91-0.75-0.85-0.79-0.32-0.39-0.86-0.85-0.69-0.78-0.87-0.07-0.83-0.78-0.95-0.4
0.90.94-0.580.881.0-0.930.94-0.380.91-0.830.90.860.950.60.70.940.860.860.940.970.370.970.90.950.64
0.980.88-0.560.830.92-0.850.94-0.250.86-0.70.980.840.90.640.720.960.840.950.880.920.560.930.970.950.8
-0.1-0.150.32-0.02-0.360.68-0.38-0.25-0.110.67-0.07-0.31-0.150.260.32-0.26-0.310.0-0.15-0.240.58-0.22-0.13-0.470.29
0.870.99-0.230.990.91-0.720.910.86-0.11-0.730.850.670.990.860.880.780.670.880.980.890.620.980.860.780.8
-0.66-0.770.32-0.71-0.850.91-0.83-0.70.67-0.73-0.57-0.76-0.77-0.32-0.33-0.64-0.76-0.6-0.78-0.81-0.07-0.76-0.69-0.83-0.36
0.970.87-0.580.830.89-0.750.90.98-0.070.85-0.570.810.880.680.790.960.810.970.870.90.650.910.960.890.84
0.850.75-0.710.690.89-0.850.860.84-0.310.67-0.760.810.780.260.440.881.00.80.790.930.310.760.880.920.57
0.91.0-0.360.980.96-0.790.950.9-0.150.99-0.770.880.780.780.850.850.780.891.00.950.570.990.90.850.77
0.660.80.10.850.59-0.320.60.640.260.86-0.320.680.260.780.950.510.260.720.760.570.790.780.630.420.8
0.750.85-0.150.890.69-0.390.70.720.320.88-0.330.790.440.850.950.650.440.80.830.70.80.840.720.520.83
0.910.82-0.760.750.92-0.860.940.96-0.260.78-0.640.960.880.850.510.650.880.880.830.920.410.890.90.950.67
0.850.75-0.710.690.89-0.850.860.84-0.310.67-0.760.811.00.780.260.440.880.80.790.930.310.760.880.920.57
0.990.89-0.40.870.86-0.690.860.950.00.88-0.60.970.80.890.720.80.880.80.890.890.760.890.990.860.93
0.891.0-0.340.980.96-0.780.940.88-0.150.98-0.780.870.791.00.760.830.830.790.890.950.570.970.90.840.77
0.920.93-0.580.890.98-0.870.970.92-0.240.89-0.810.90.930.950.570.70.920.930.890.950.450.930.930.940.7
0.680.580.110.660.38-0.070.370.560.580.62-0.070.650.310.570.790.80.410.310.760.570.450.530.660.320.94
0.90.98-0.430.950.96-0.830.970.93-0.220.98-0.760.910.760.990.780.840.890.760.890.970.930.530.890.880.74
1.00.89-0.470.860.9-0.780.90.97-0.130.86-0.690.960.880.90.630.720.90.880.990.90.930.660.890.920.88
0.910.83-0.660.750.95-0.950.950.95-0.470.78-0.830.890.920.850.420.520.950.920.860.840.940.320.880.920.62
0.890.78-0.120.810.65-0.40.640.80.290.8-0.360.840.570.770.80.830.670.570.930.770.70.940.740.880.62
Click cells to compare fundamentals

Bowman Consulting Account Relationship Matchups

Pair Trading with Bowman Consulting

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bowman Consulting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bowman Consulting will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bowman Stock

  0.78ESOA Energy Services Earnings Call This WeekPairCorr

Moving against Bowman Stock

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  0.56JUNE Junee Limited OrdinaryPairCorr
  0.55NVEE NV5 GlobalPairCorr
The ability to find closely correlated positions to Bowman Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowman Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bowman Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bowman Consulting Group to buy it.
The correlation of Bowman Consulting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bowman Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowman Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bowman Consulting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bowman Consulting offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bowman Consulting's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bowman Consulting Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bowman Consulting Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowman Consulting 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 population.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bowman Consulting. If investors know Bowman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bowman Consulting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.79)
Revenue Per Share
27.211
Quarterly Revenue Growth
0.206
Return On Assets
(0.01)
The market value of Bowman Consulting is measured differently than its book value, which is the value of Bowman that is recorded on the company's balance sheet. Investors also form their own opinion of Bowman Consulting's value that differs from its market value or its book value, called intrinsic value, which is Bowman Consulting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bowman Consulting's market value can be influenced by many factors that don't directly affect Bowman Consulting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bowman Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bowman Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bowman Consulting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.