BAR Stock | | | 47.00 0.00 0.00% |
Eclectic Bar financial indicator trend analysis is much more than just examining Eclectic Bar Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eclectic Bar Group is a good investment. Please check the relationship between Eclectic Bar Property Plant And Equipment Gross and its Other Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Eclectic Bar 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 bureau of economic analysis.
Property Plant And Equipment Gross vs Other Current Assets
Property Plant And Equipment Gross vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eclectic Bar Group Property Plant And Equipment Gross account and
Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eclectic Bar's Property Plant And Equipment Gross and Other Current Assets is 0.29. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Eclectic Bar Group, assuming nothing else is changed. The correlation between historical values of Eclectic Bar's Property Plant And Equipment Gross and Other Current 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 Property Plant And Equipment Gross of Eclectic Bar Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Eclectic Bar's Property Plant And Equipment Gross and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Eclectic Bar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eclectic Bar Group 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 Eclectic Bar 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 bureau of economic analysis.
As of December 23, 2024,
Selling General Administrative is expected to decline to about 5.7
M. The current year's
Tax Provision is expected to grow to about (160.7
K)
Eclectic Bar fundamental ratios Correlations
Click cells to compare fundamentals
Eclectic Bar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eclectic Bar fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Eclectic Stock
Balance Sheet is a snapshot of the
financial position of Eclectic Bar Group at a specified time, usually calculated after every quarter, six months, or one year. Eclectic Bar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Eclectic Bar 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 Eclectic currently owns. An asset can also be divided into two categories, current and non-current.