Binah Good Will vs Other Current Liab Analysis
BCG Stock | 2.55 0.10 3.77% |
Binah Capital financial indicator trend analysis is way more than just evaluating Binah Capital Group, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Binah Capital Group, is a good investment. Please check the relationship between Binah Capital Good Will and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Binah Capital 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 main economic indicators.
Good Will vs Other Current Liab
Good Will vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Binah Capital Group, Good Will account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Binah Capital's Good Will and Other Current Liab is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Binah Capital Group,, assuming nothing else is changed. The correlation between historical values of Binah Capital's Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Binah Capital Group, are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., Binah Capital's Good Will and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Other Current Liab
Most indicators from Binah Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Binah Capital 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 Binah Capital 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 main economic indicators. The Binah Capital's current Sales General And Administrative To Revenue is estimated to increase to 0.05, while Tax Provision is projected to decrease to (102.6 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 6.4M | 8.1M | 9.3M | 6.0M | Net Interest Income | 3.1M | 3.0M | 3.4M | 2.1M |
Binah Capital fundamental ratios Correlations
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Binah Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Binah Capital Group, is a strong investment it is important to analyze Binah Capital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Binah Capital's future performance. For an informed investment choice regarding Binah Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Binah Capital 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 main economic indicators. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Binah Capital. If investors know Binah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Binah Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Revenue Per Share 9.751 | Quarterly Revenue Growth 0.023 | Return On Assets (0.04) | Return On Equity (0.25) |
The market value of Binah Capital Group, is measured differently than its book value, which is the value of Binah that is recorded on the company's balance sheet. Investors also form their own opinion of Binah Capital's value that differs from its market value or its book value, called intrinsic value, which is Binah Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Binah Capital's market value can be influenced by many factors that don't directly affect Binah Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Binah Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Binah Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Binah Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.