Bengal Total Assets from 2010 to 2026
| BNG Stock | CAD 0.01 0.01 25.00% |
Total Assets | First Reported 1997-06-30 | Previous Quarter 30.2 M | Current Value 30.8 M | Quarterly Volatility 21.6 M |
Check Bengal Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bengal Energy's main balance sheet or income statement drivers, such as Interest Expense of 127.8 K, Selling General Administrative of 2.6 M or Total Revenue of 5.9 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0 or PTB Ratio of 0.33. Bengal financial statements analysis is a perfect complement when working with Bengal Energy Valuation or Volatility modules.
Bengal | Total Assets |
Latest Bengal Energy's Total Assets Growth Pattern
Below is the plot of the Total Assets of Bengal Energy over the last few years. Total assets refers to the total amount of Bengal Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bengal Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Bengal Energy's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bengal Energy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 30.64 M | 10 Years Trend |
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Total Assets |
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Bengal Total Assets Regression Statistics
| Arithmetic Mean | 44,053,252 | |
| Geometric Mean | 41,298,245 | |
| Coefficient Of Variation | 30.73 | |
| Mean Deviation | 9,976,557 | |
| Median | 44,246,000 | |
| Standard Deviation | 13,538,431 | |
| Sample Variance | 183.3T | |
| Range | 55.1M | |
| R-Value | (0.25) | |
| Mean Square Error | 183.4T | |
| R-Squared | 0.06 | |
| Significance | 0.33 | |
| Slope | (668,211) | |
| Total Sum of Squares | 2932.6T |
Bengal Total Assets History
About Bengal Energy Financial Statements
Bengal Energy investors utilize fundamental indicators, such as Total Assets, to predict how Bengal Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 35.2 M | 31 M | |
| Intangibles To Total Assets | 0.07 | 0.06 |
Pair Trading with Bengal Energy
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 Bengal Energy 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 Bengal Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Bengal Stock
The ability to find closely correlated positions to Bengal Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bengal Energy 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 Bengal Energy - 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 Bengal Energy to buy it.
The correlation of Bengal Energy 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 Bengal Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bengal Energy 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 Bengal Energy 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.Other Information on Investing in Bengal Stock
Bengal Energy financial ratios help investors to determine whether Bengal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bengal with respect to the benefits of owning Bengal Energy security.