0QUM Stock | | | 8.84 0.01 0.11% |
Brunel International financial indicator trend analysis is way more than just evaluating Brunel International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brunel International is a good investment. Please check the relationship between Brunel International Total Current Assets and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brunel International NV. 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 Current Assets vs Selling General Administrative
Total Current Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brunel International Total Current Assets account and
Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Brunel International's Total Current Assets and Selling General Administrative is -0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Brunel International NV, assuming nothing else is changed. The correlation between historical values of Brunel International's Total Current Assets and Selling General Administrative 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 Current Assets of Brunel International NV are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., Brunel International's Total Current Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Selling General Administrative
Most indicators from Brunel International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brunel 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brunel International NV. 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.
Tax Provision is likely to gain to about 12.9
M in 2024, whereas Selling General Administrative is likely to drop slightly above 93.6
M in 2024.
Brunel International fundamental ratios Correlations
Click cells to compare fundamentals
Brunel International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brunel International fundamental ratios Accounts
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