BWMX Stock | | | USD 11.47 0.28 2.38% |
Betterware financial indicator trend analysis is way more than just evaluating Betterware de Mxico, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betterware de Mxico, is a good investment. Please check the relationship between Betterware Total Current Liabilities and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Betterware de Mxico,. 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.
Total Current Liabilities vs Total Revenue
Total Current Liabilities vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Betterware de Mxico, Total Current Liabilities account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Betterware's Total Current Liabilities and Total Revenue is 0.98. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Betterware de Mxico,, assuming nothing else is changed. The correlation between historical values of Betterware's Total Current Liabilities and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Betterware de Mxico, are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., Betterware's Total Current Liabilities and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Betterware balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Betterware de Mxico, are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Revenue
Total revenue comprises all receipts Betterware de Mxico, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Betterware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betterware de Mxico, 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 Betterware de Mxico,. 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, Betterware's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to rise to about 3.1
B in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
Betterware fundamental ratios Correlations
Click cells to compare fundamentals
Betterware Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Betterware fundamental ratios Accounts
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Additional Tools for Betterware Stock Analysis
When running Betterware's price analysis, check to
measure Betterware'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 Betterware is operating at the current time. Most of Betterware's value examination focuses on studying past and present price action to
predict the probability of Betterware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betterware's price. Additionally, you may evaluate how the addition of Betterware to your portfolios can decrease your overall portfolio volatility.