BECE Change In Working Capital vs Depreciation Analysis

000803 Stock   7.44  0.13  1.72%   
BECE Legend financial indicator trend analysis is way more than just evaluating BECE Legend Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BECE Legend Group is a good investment. Please check the relationship between BECE Legend Change In Working Capital and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BECE Legend 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 producer price index.

Change In Working Capital vs Depreciation

Change In Working Capital vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BECE Legend Group Change In Working Capital account and Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between BECE Legend's Change In Working Capital and Depreciation is 0.27. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation in the same time period over historical financial statements of BECE Legend Group, assuming nothing else is changed. The correlation between historical values of BECE Legend's Change In Working Capital and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of BECE Legend Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Working Capital i.e., BECE Legend's Change In Working Capital and Depreciation go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Depreciation

Depreciation indicates how much of BECE Legend Group value has been used up. For tax purposes BECE Legend can deduct the cost of the tangible assets it purchases as business expenses. However, BECE Legend 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.
Most indicators from BECE Legend's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BECE Legend Group 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 BECE Legend 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 producer price index.
As of August 22, 2025, Selling General Administrative is expected to decline to about 20.2 M. In addition to that, Tax Provision is expected to decline to about 4.4 M
 2022 2023 2024 2025 (projected)
Total Operating Expenses1.6B1.9B1.3B743.6M
Research Development15.7M11.1M2.2M2.1M

BECE Legend fundamental ratios Correlations

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0.930.170.890.850.960.760.990.10.590.650.940.520.760.55-0.310.95-0.250.950.790.940.680.990.940.980.85
0.410.170.510.310.32-0.190.190.040.670.250.350.250.20.79-0.020.330.120.150.320.430.650.120.370.150.32
0.960.890.510.850.930.70.89-0.070.870.710.950.670.770.84-0.340.92-0.230.850.820.980.870.880.930.880.85
0.950.850.310.850.930.680.820.020.670.880.950.390.850.68-0.650.94-0.320.890.990.910.780.810.950.910.57
0.980.960.320.930.930.750.950.030.680.730.990.510.770.65-0.480.99-0.320.970.890.980.740.920.990.970.76
0.710.76-0.190.70.680.750.73-0.240.450.550.750.480.620.33-0.520.7-0.420.760.680.710.410.770.690.790.57
0.920.990.190.890.820.950.730.120.590.60.930.540.70.54-0.260.95-0.220.950.740.940.670.990.930.960.87
0.00.10.04-0.070.020.03-0.240.12-0.25-0.14-0.01-0.38-0.07-0.130.390.060.490.07-0.110.00.050.080.060.03-0.05
0.780.590.670.870.670.680.450.59-0.250.70.730.770.740.95-0.220.68-0.160.570.680.790.910.590.690.590.68
0.810.650.250.710.880.730.550.6-0.140.70.790.50.920.7-0.590.77-0.370.70.890.760.780.630.770.720.43
1.00.940.350.950.950.990.750.93-0.010.730.790.530.810.71-0.510.99-0.330.950.920.990.790.910.990.960.76
0.560.520.250.670.390.510.480.54-0.380.770.50.530.60.640.040.51-0.370.470.390.60.60.570.480.460.76
0.830.760.20.770.850.770.620.7-0.070.740.920.810.60.68-0.370.79-0.370.750.850.80.790.760.790.80.58
0.770.550.790.840.680.650.330.54-0.130.950.70.710.640.68-0.250.67-0.120.520.690.770.930.530.690.540.62
-0.48-0.31-0.02-0.34-0.65-0.48-0.52-0.260.39-0.22-0.59-0.510.04-0.37-0.25-0.460.39-0.44-0.72-0.41-0.24-0.26-0.49-0.450.02
0.980.950.330.920.940.990.70.950.060.680.770.990.510.790.67-0.46-0.280.960.890.980.780.921.00.960.76
-0.28-0.250.12-0.23-0.32-0.32-0.42-0.220.49-0.16-0.37-0.33-0.37-0.37-0.120.39-0.28-0.37-0.38-0.260.04-0.23-0.29-0.28-0.2
0.930.950.150.850.890.970.760.950.070.570.70.950.470.750.52-0.440.96-0.370.840.920.640.930.950.950.72
0.920.790.320.820.990.890.680.74-0.110.680.890.920.390.850.69-0.720.89-0.380.840.870.750.750.910.860.51
0.990.940.430.980.910.980.710.940.00.790.760.990.60.80.77-0.410.98-0.260.920.870.840.920.980.940.82
0.840.680.650.870.780.740.410.670.050.910.780.790.60.790.93-0.240.780.040.640.750.840.670.780.680.65
0.90.990.120.880.810.920.770.990.080.590.630.910.570.760.53-0.260.92-0.230.930.750.920.670.910.960.87
0.990.940.370.930.950.990.690.930.060.690.770.990.480.790.69-0.491.0-0.290.950.910.980.780.910.960.75
0.940.980.150.880.910.970.790.960.030.590.720.960.460.80.54-0.450.96-0.280.950.860.940.680.960.960.76
0.760.850.320.850.570.760.570.87-0.050.680.430.760.760.580.620.020.76-0.20.720.510.820.650.870.750.76
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BECE Legend Account Relationship Matchups

BECE Legend fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.8B5.6B5.4B5.2B5.5B
Short Long Term Debt Total118.9M397.3M1.2B1.9B2.2B2.3B
Other Current Liab9.6M17.7M1.2B1.8M2.1M2.0M
Total Current Liabilities875.7M750.4M2.4B1.9B2.0B2.1B
Total Stockholder Equity598.4M1.3B1.4B1.4B1.4B1.5B
Property Plant And Equipment Net419.7M353.6M1.1B1.3B1.2B1.3B
Current Deferred Revenue557.7M247.0M102.1M578.3M665.1M698.3M
Net Debt33.0M73.7M1.0B1.7B1.7B1.8B
Retained Earnings(220.7M)(140.2M)(75.4M)(72.1M)(59.1M)(62.1M)
Accounts Payable239.5M240.5M505.9M302.5M270.4M283.9M
Cash86.0M323.6M196.1M252.2M178.3M187.2M
Non Current Assets Total1.5B2.0B4.3B4.5B4.5B4.7B
Non Currrent Assets Other160.5M155.3M227.9M334.3M211.8M222.4M
Cash And Short Term Investments86.0M323.6M196.1M252.2M290.0M304.5M
Net Receivables189.1M367.1M831.1M347.8M311.3M326.8M
Short Term Investments(32.7M)(135.8M)(157.2M)(69.8M)(62.8M)(59.6M)
Liabilities And Stockholders Equity1.8B2.8B5.6B5.4B6.2B6.5B
Non Current Liabilities Total298.4M691.5M1.7B2.1B1.8B1.8B
Inventory9.8M42.9M163.5M49.3M50.6M93.6M
Other Current Assets26.2M33.9M75.7M141.6M126.0M132.3M
Other Stockholder Equity628.0M1.2B1.1B960.1M1.1B1.2B
Total Liab1.2B1.4B4.1B4.0B3.8B3.9B
Total Current Assets311.1M767.6M1.3B872.0M744.0M781.2M
Short Term Debt68.9M245.3M566.4M974.0M1.1B1.2B
Intangible Assets396.3M896.2M2.2B2.3B2.2B2.3B
Common Stock191.1M240.2M350.3M476.7M548.2M575.6M
Other Assets253.3M187.2M1.0350.5M403.1M423.2M
Long Term Debt50M143.8M665.7M945.1M978.8M1.0B
Property Plant Equipment24.8M419.7M353.6M1.1B1.2B1.3B
Other Liab33.0M98.5M108.7M1.0B1.2B1.2B
Net Tangible Assets(94.7M)(160.6M)30.6M(1.4B)(1.3B)(1.2B)
Short Long Term Debt38.4M118.0M258.0M512.9M881.8M925.9M
Non Current Liabilities Other5.3M5.9M33.9M143.4M37.3M32.9M
Common Stock Shares Outstanding191.1M242.9M352.0M478.9M471.0M291.4M
Net Invested Capital686.8M1.5B2.3B2.9B3.3B3.5B
Net Working Capital(564.6M)17.2M(1.1B)(984.6M)(1.3B)(1.2B)
Capital Stock191.1M240.2M350.3M476.7M470.9M311.9M
Property Plant And Equipment Gross620.1M571.6M1.1B1.7B1.2B963.2M

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Other Information on Investing in BECE Stock

Balance Sheet is a snapshot of the financial position of BECE Legend Group at a specified time, usually calculated after every quarter, six months, or one year. BECE Legend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BECE Legend and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BECE currently owns. An asset can also be divided into two categories, current and non-current.