Bridger Days Payables Outstanding vs Payables Turnover Analysis

BAERW Stock   0.09  0.01  10.00%   
Bridger Aerospace financial indicator trend analysis is way more than just evaluating Bridger Aerospace prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridger Aerospace is a good investment. Please check the relationship between Bridger Aerospace Days Payables Outstanding and its Payables Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridger Aerospace Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Days Payables Outstanding vs Payables Turnover

Days Payables Outstanding vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridger Aerospace Days Payables Outstanding account and Payables Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Bridger Aerospace's Days Payables Outstanding and Payables Turnover is -0.96. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Bridger Aerospace Group, assuming nothing else is changed. The correlation between historical values of Bridger Aerospace's Days Payables Outstanding and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Bridger Aerospace Group are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Days Payables Outstanding i.e., Bridger Aerospace's Days Payables Outstanding and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.96
Relationship DirectionNegative 
Relationship StrengthSignificant

Days Payables Outstanding

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Bridger Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridger Aerospace 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 Bridger Aerospace Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Bridger Aerospace's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.30 in 2024, despite the fact that Tax Provision is likely to grow to (286.9 K).
 2021 2022 2023 2024 (projected)
Interest Expense9.3M20.0M23.2M14.9M
Depreciation And Amortization6.7M9.1M11.1M8.1M

Bridger Aerospace fundamental ratios Correlations

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0.960.290.36-0.450.911.0-0.980.770.980.931.00.910.160.690.671.00.550.620.310.97-0.950.930.840.890.24
0.520.290.99-0.150.640.25-0.320.820.450.590.280.34-0.410.220.090.240.40.51-0.770.5-0.330.60.710.360.08
0.580.360.99-0.240.710.32-0.410.870.530.660.360.38-0.290.350.190.320.370.48-0.680.58-0.40.670.770.40.01
-0.35-0.45-0.15-0.24-0.46-0.430.47-0.47-0.54-0.57-0.43-0.05-0.77-0.87-0.95-0.470.450.34-0.31-0.480.22-0.53-0.26-0.020.74
0.980.910.640.71-0.460.89-0.930.960.960.990.910.850.030.710.590.890.550.66-0.040.98-0.90.990.970.840.15
0.951.00.250.32-0.430.89-0.970.750.970.911.00.910.160.670.651.00.560.620.340.96-0.960.910.820.890.26
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0.970.980.450.53-0.540.960.97-0.960.880.980.970.860.150.740.710.970.50.60.161.0-0.920.980.890.840.14
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0.961.00.280.36-0.430.911.0-0.980.770.970.920.920.150.680.651.00.570.640.310.97-0.960.920.840.90.26
0.940.910.340.38-0.050.850.91-0.90.710.860.810.92-0.170.410.290.890.820.860.150.88-0.980.830.881.00.57
-0.010.16-0.41-0.29-0.770.030.16-0.24-0.050.150.140.15-0.170.720.70.21-0.69-0.650.720.090.00.1-0.15-0.21-0.79
0.640.690.220.35-0.870.710.67-0.770.640.740.770.680.410.720.870.7-0.15-0.030.410.71-0.580.750.570.39-0.51
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0.941.00.240.32-0.470.891.0-0.970.740.970.911.00.890.210.70.690.520.580.360.96-0.940.910.810.870.21
0.660.550.40.370.450.550.56-0.50.480.50.460.570.82-0.69-0.15-0.220.520.99-0.250.56-0.710.50.680.840.9
0.740.620.510.480.340.660.62-0.580.60.60.570.640.86-0.65-0.03-0.120.580.99-0.280.65-0.760.610.770.880.83
0.080.31-0.77-0.68-0.31-0.040.34-0.33-0.280.160.040.310.150.720.410.430.36-0.25-0.280.11-0.230.02-0.160.12-0.19
0.990.970.50.58-0.480.980.96-0.960.91.00.990.970.880.090.710.660.960.560.650.11-0.930.990.930.870.18
-0.97-0.95-0.33-0.40.22-0.9-0.960.96-0.75-0.92-0.88-0.96-0.980.0-0.58-0.44-0.94-0.71-0.76-0.23-0.93-0.89-0.9-0.98-0.41
0.970.930.60.67-0.530.990.91-0.940.950.981.00.920.830.10.750.660.910.50.610.020.99-0.890.950.820.1
0.960.840.710.77-0.260.970.82-0.870.940.890.930.840.88-0.150.570.380.810.680.77-0.160.93-0.90.950.880.3
0.930.890.360.4-0.020.840.89-0.880.70.840.80.91.0-0.210.390.260.870.840.880.120.87-0.980.820.880.59
0.30.240.080.010.740.150.26-0.150.060.140.060.260.57-0.79-0.51-0.510.210.90.83-0.190.18-0.410.10.30.59
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Bridger Aerospace Account Relationship Matchups

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