EAT Stock | | | USD 132.27 1.58 1.21% |
Brinker International financial indicator trend analysis is way more than just evaluating Brinker International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brinker International is a good investment. Please check the relationship between Brinker International Accumulated Depreciation and its Net Tangible Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brinker International. 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 Brinker Stock please use our
How to Invest in Brinker International guide.
Accumulated Depreciation vs Net Tangible Assets
Accumulated Depreciation vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brinker International Accumulated Depreciation account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brinker International's Accumulated Depreciation and Net Tangible Assets is 0.1. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Brinker International, assuming nothing else is changed. The correlation between historical values of Brinker International's Accumulated Depreciation and Net Tangible 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 Accumulated Depreciation of Brinker International are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accumulated Depreciation i.e., Brinker International's Accumulated Depreciation and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Brinker International fixed asset that has been charged to Brinker International expense since that asset was acquired and made available for Brinker International use. The accumulated depreciation account is Brinker International asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Brinker International.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Brinker International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brinker International 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Brinker International. 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 Brinker Stock please use our
How to Invest in Brinker International guide.At this time, Brinker International's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 29.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 9.1
M in 2024.
Brinker International fundamental ratios Correlations
Click cells to compare fundamentals
Brinker International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brinker International fundamental ratios Accounts
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Additional Tools for Brinker Stock Analysis
When running Brinker International's price analysis, check to
measure Brinker International'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 Brinker International is operating at the current time. Most of Brinker International's value examination focuses on studying past and present price action to
predict the probability of Brinker International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brinker International's price. Additionally, you may evaluate how the addition of Brinker International to your portfolios can decrease your overall portfolio volatility.