BBB Stock | | | CAD 0.07 0.01 8.33% |
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 Payables Turnover and its Income Quality 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.
Payables Turnover vs Income Quality
Payables Turnover vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brixton Metals Payables Turnover account and
Income Quality. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brixton Metals' Payables Turnover and Income Quality is 0.49. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Income Quality 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' Payables Turnover and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Brixton Metals are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payables Turnover i.e., Brixton Metals' Payables Turnover and Income Quality go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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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