| 0RIP Stock | | | 2.56 0.02 0.79% |
Bet At financial indicator trend analysis is way more than just evaluating bet at home prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether bet at home is a good investment. Please check the relationship between Bet At Total Current Assets and its Operating Income accounts. Check out
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signals in board of governors.
Total Current Assets vs Operating Income
Total Current Assets vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
bet at home Total Current Assets account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bet At's Total Current Assets and Operating Income is 0.65. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Operating Income in the same time period over historical financial statements of bet at home AG, assuming nothing else is changed. The correlation between historical values of Bet At's Total Current Assets and Operating 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 Current Assets of bet at home AG are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Current Assets i.e., Bet At's Total Current Assets and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Operating Income
Operating Income is the amount of profit realized from bet at home operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of bet at home AG is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Bet At's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into bet at home 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 bet at home AG. 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 6.4
M in 2024.
Selling General Administrative is likely to gain to about 57
M in 2024
Bet At fundamental ratios Correlations
Click cells to compare fundamentals
Bet At Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bet At fundamental ratios Accounts
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Additional Tools for Bet Stock Analysis
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