BCEG Other Current Liab vs Total Assets Analysis

300958 Stock   13.06  0.11  0.85%   
BCEG Environmental financial indicator trend analysis is way more than just evaluating BCEG Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BCEG Environmental is a good investment. Please check the relationship between BCEG Environmental Other Current Liab and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCEG Environmental Remediation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCEG Environmental Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between BCEG Environmental's Other Current Liab and Total Assets is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of BCEG Environmental Remediation, assuming nothing else is changed. The correlation between historical values of BCEG Environmental's Other Current Liab and Total 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 Other Current Liab of BCEG Environmental Remediation are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., BCEG Environmental's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Assets

Total assets refers to the total amount of BCEG Environmental assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BCEG Environmental books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from BCEG Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCEG Environmental 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 BCEG Environmental Remediation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 61.6 M, whereas Tax Provision is projected to grow to (5.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense3.0M2.5M4.5M4.3M
Interest Income3.7M4.3M6.3M5.1M

BCEG Environmental fundamental ratios Correlations

0.730.870.970.960.820.870.95-0.770.82-0.220.960.93-0.76-0.950.90.99-0.871.00.960.970.940.850.390.95-0.95
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0.960.530.720.980.860.780.97-0.930.95-0.490.970.85-0.92-0.990.750.97-0.960.940.970.970.880.770.290.89-0.89
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0.90.771.00.770.750.780.720.84-0.480.520.150.760.94-0.47-0.750.83-0.590.90.760.780.940.940.660.95-0.95
0.990.710.80.990.970.780.890.94-0.80.87-0.270.970.89-0.8-0.970.83-0.890.990.970.990.90.780.290.91-0.91
-0.87-0.43-0.56-0.94-0.96-0.79-0.75-0.870.96-0.950.65-0.95-0.680.960.93-0.59-0.89-0.85-0.95-0.92-0.77-0.59-0.05-0.740.78
1.00.770.880.970.940.790.890.93-0.740.8-0.180.960.92-0.73-0.940.90.99-0.850.960.970.930.820.360.94-0.94
0.960.690.740.990.970.760.890.9-0.850.88-0.41.00.8-0.84-0.950.760.97-0.950.960.990.850.690.140.84-0.85
0.970.70.751.00.970.750.90.92-0.830.88-0.340.990.85-0.82-0.970.780.99-0.920.970.990.850.720.20.87-0.86
0.940.60.920.860.880.930.750.92-0.710.73-0.110.850.93-0.7-0.890.940.9-0.770.930.850.850.920.570.97-1.0
0.850.520.910.720.770.870.530.89-0.570.6-0.010.690.97-0.56-0.760.940.78-0.590.820.690.720.920.820.97-0.94
0.390.170.640.210.290.580.00.51-0.110.120.280.140.68-0.11-0.280.660.29-0.050.360.140.20.570.820.65-0.59
0.950.630.920.870.890.890.710.96-0.690.73-0.110.840.99-0.69-0.890.950.91-0.740.940.840.870.970.970.65-0.98
-0.95-0.61-0.93-0.87-0.89-0.93-0.74-0.940.72-0.740.13-0.85-0.950.710.89-0.95-0.910.78-0.94-0.85-0.86-1.0-0.94-0.59-0.98
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BCEG Environmental Account Relationship Matchups

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Other Information on Investing in BCEG Stock

Balance Sheet is a snapshot of the financial position of BCEG Environmental at a specified time, usually calculated after every quarter, six months, or one year. BCEG Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BCEG Environmental and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BCEG currently owns. An asset can also be divided into two categories, current and non-current.