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 Total Liab and its Cash And Short Term Investments 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.
Total Liab vs Cash And Short Term Investments
Total Liab vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BE Semiconductor Ind Total Liab account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between BE Semiconductor's Total Liab and Cash And Short Term Investments is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash And Short Term Investments 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 Total Liab and Cash And Short Term Investments 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 Liab of BE Semiconductor Industries are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Liab i.e., BE Semiconductor's Total Liab and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.
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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