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 Non Current Assets Total and its Other Current Assets 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.
Non Current Assets Total vs Other Current Assets
Non Current Assets Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bell Food Group Non Current Assets Total account and
Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bell Food's Non Current Assets Total and Other Current Assets is -0.17. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets 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 Non Current Assets Total and Other Current Assets 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 Bell Food Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Bell Food's Non Current Assets Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.