BBB Stock | | | CAD 0.07 0.01 7.14% |
Brixton Metals financial indicator trend analysis is way more than just evaluating Brixton Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brixton Metals is a good investment. Please check the relationship between Brixton Metals Cash and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brixton Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brixton Metals Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brixton Metals' Cash and Property Plant And Equipment Net is 0.68. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Brixton Metals, assuming nothing else is changed. The correlation between historical values of Brixton Metals' Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Brixton Metals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Brixton Metals' Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Brixton Metals, which is listed under current asset account on Brixton Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Brixton Metals customers. The amounts must be unrestricted with restricted cash listed in a different Brixton Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Brixton Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brixton Metals 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 Brixton Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Enterprise Value is likely to climb to about 50.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
M in 2024.
Brixton Metals fundamental ratios Correlations
Click cells to compare fundamentals
Brixton Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brixton Metals fundamental ratios Accounts
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Additional Tools for Brixton Stock Analysis
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