| 0XVE Stock | | | 111.53 1.20 1.06% |
BE Semiconductor financial indicator trend analysis is way more than just evaluating BE Semiconductor Ind prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BE Semiconductor Ind is a good investment. Please check the relationship between BE Semiconductor Cash And Short Term Investments and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BE Semiconductor Industries. 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 Net Tangible Assets
Cash And Short Term Investments vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BE Semiconductor Ind Cash And Short Term Investments account and
Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between BE Semiconductor's Cash And Short Term Investments and Net Tangible Assets is 0.75. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of BE Semiconductor Industries, assuming nothing else is changed. The correlation between historical values of BE Semiconductor's Cash And Short Term Investments and Net Tangible 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 Cash And Short Term Investments of BE Semiconductor Industries are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash And Short Term Investments i.e., BE Semiconductor's Cash And Short Term Investments and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.75 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of BE Semiconductor Ind balance sheet. This account contains BE Semiconductor investments that will expire within one year. These investments include stocks and bonds that can be liquidated by BE Semiconductor Industries 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.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from BE Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BE Semiconductor Ind 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 BE Semiconductor Industries. 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 8.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 62.6
M in 2024.
BE Semiconductor fundamental ratios Correlations
Click cells to compare fundamentals
BE Semiconductor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BE Semiconductor fundamental ratios Accounts
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