BA Stock | | | 1,290 4.50 0.35% |
BAE Systems financial indicator trend analysis is way more than just evaluating BAE Systems plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAE Systems plc is a good investment. Please check the relationship between BAE Systems Current Deferred Revenue and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BAE Systems plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Current Deferred Revenue vs Non Current Assets Total
Current Deferred Revenue vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BAE Systems plc Current Deferred Revenue account and
Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between BAE Systems' Current Deferred Revenue and Non Current Assets Total is 0.21. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of BAE Systems plc, assuming nothing else is changed. The correlation between historical values of BAE Systems' Current Deferred Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of BAE Systems plc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Current Deferred Revenue i.e., BAE Systems' Current Deferred Revenue and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from BAE Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAE Systems plc 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 BAE Systems plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Issuance Of Capital Stock is expected to grow to about 32.6
M, whereas
Selling General Administrative is forecasted to decline to about 5.7
B.
BAE Systems fundamental ratios Correlations
Click cells to compare fundamentals
BAE Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BAE Systems fundamental ratios Accounts
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Other Information on Investing in BAE Stock
Balance Sheet is a snapshot of the
financial position of BAE Systems plc at a specified time, usually calculated after every quarter, six months, or one year. BAE Systems Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BAE Systems 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 BAE currently owns. An asset can also be divided into two categories, current and non-current.