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 Long Term Debt and its Other Current Liab 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.
Long Term Debt vs Other Current Liab
Long Term Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BE Semiconductor Ind Long Term Debt account and
Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between BE Semiconductor's Long Term Debt and Other Current Liab is 0.64. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Liab 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 Long Term Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of BE Semiconductor Industries are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Long Term Debt i.e., BE Semiconductor's Long Term Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that BE Semiconductor Ind has held for over one year. Long-term debt appears on BE Semiconductor Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on BE Semiconductor Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Current Liab
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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