603727 Stock | | | 12.35 0.23 1.90% |
Bomesc Offshore financial indicator trend analysis is way more than just evaluating Bomesc Offshore Engi prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bomesc Offshore Engi is a good investment. Please check the relationship between Bomesc Offshore Net Tangible Assets and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bomesc Offshore Engineering. 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.
Net Tangible Assets vs Net Receivables
Net Tangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bomesc Offshore Engi Net Tangible Assets account and
Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bomesc Offshore's Net Tangible Assets and Net Receivables is 0.24. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Bomesc Offshore Engineering, assuming nothing else is changed. The correlation between historical values of Bomesc Offshore's Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Bomesc Offshore Engineering are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Bomesc Offshore's Net Tangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Net Receivables
Most indicators from Bomesc Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bomesc Offshore Engi 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 Bomesc Offshore Engineering. 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 41.2
M, whereas
Tax Provision is projected to grow to (25.1
M).
Bomesc Offshore fundamental ratios Correlations
Click cells to compare fundamentals
Bomesc Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bomesc Offshore fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Bomesc Stock
Balance Sheet is a snapshot of the
financial position of Bomesc Offshore Engi at a specified time, usually calculated after every quarter, six months, or one year. Bomesc Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bomesc Offshore 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 Bomesc currently owns. An asset can also be divided into two categories, current and non-current.