000803 Stock | | | 6.13 0.56 10.05% |
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 Total Operating Expenses and its Interest Income 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 board of governors.
Total Operating Expenses vs Interest Income
Total Operating Expenses vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BECE Legend Group Total Operating Expenses account and
Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BECE Legend's Total Operating Expenses and Interest Income is 0.53. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Income 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 Total Operating Expenses and Interest Income 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 Operating Expenses of BECE Legend Group are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Operating Expenses i.e., BECE Legend's Total Operating Expenses and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 19.5
M. The current year's
Tax Provision is expected to grow to about 29.1
M | 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 695.5M | 1.6B | 1.9B | 2.0B | Research Development | 8.8M | 15.7M | 11.1M | 11.7M |
BECE Legend fundamental ratios Correlations
Click cells to compare fundamentals
BECE Legend Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BECE Legend fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.