002382 Stock | | | 5.58 0.02 0.36% |
Blue Sail financial indicator trend analysis is way more than just evaluating Blue Sail Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Sail Medical is a good investment. Please check the relationship between Blue Sail Non Current Assets Total and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Sail Medical. 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.
Non Current Assets Total vs Total Revenue
Non Current Assets Total vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Sail Medical Non Current Assets Total account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Sail's Non Current Assets Total and Total Revenue is 0.77. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Blue Sail Medical, assuming nothing else is changed. The correlation between historical values of Blue Sail's Non Current Assets Total 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 Non Current Assets Total of Blue Sail Medical 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 Non Current Assets Total i.e., Blue Sail's Non Current Assets Total and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Total Revenue
Total revenue comprises all receipts Blue Sail Medical 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 Blue Sail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Sail Medical 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 Blue Sail Medical. 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.
As of November 30, 2024,
Selling General Administrative is expected to decline to about 251.1
M. The current year's
Tax Provision is expected to grow to about (51.5
M)
Blue Sail fundamental ratios Correlations
Click cells to compare fundamentals
Blue Sail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Sail fundamental ratios Accounts
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Other Information on Investing in Blue Stock
Balance Sheet is a snapshot of the
financial position of Blue Sail Medical at a specified time, usually calculated after every quarter, six months, or one year. Blue Sail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blue Sail 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 Blue currently owns. An asset can also be divided into two categories, current and non-current.