| 0RFX Stock | | | 263.50 2.00 0.75% |
Bell Food financial indicator trend analysis is way more than just evaluating Bell Food Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bell Food Group is a good investment. Please check the relationship between Bell Food Cash And Short Term Investments and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bell Food 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.
Cash And Short Term Investments vs Total Current Liabilities
Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bell Food Group Cash And Short Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bell Food's Cash And Short Term Investments and Total Current Liabilities is 0.32. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Bell Food Group, assuming nothing else is changed. The correlation between historical values of Bell Food's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Bell Food Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., Bell Food's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bell Food Group balance sheet. This account contains Bell Food investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bell Food Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Current Liabilities
Total Current Liabilities is an item on Bell Food balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bell Food Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Bell Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bell Food 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 Bell Food 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.
Tax Provision is likely to gain to about 33.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 297.4
M in 2024.
Bell Food fundamental ratios Correlations
Click cells to compare fundamentals
Bell Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bell Food fundamental ratios Accounts
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measure Bell Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bell Food is operating at the current time. Most of Bell Food's value examination focuses on studying past and present price action to
predict the probability of Bell Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bell Food's price. Additionally, you may evaluate how the addition of Bell Food to your portfolios can decrease your overall portfolio volatility.