BEM Stock | | | 19.00 0.50 2.56% |
Beowulf Mining financial indicator trend analysis is way more than just evaluating Beowulf Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beowulf Mining is a good investment. Please check the relationship between Beowulf Mining Free Cash Flow and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beowulf Mining. 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.
Free Cash Flow vs Investments
Free Cash Flow vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beowulf Mining Free Cash Flow account and
Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Beowulf Mining's Free Cash Flow and Investments is 0.77. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Investments in the same time period over historical financial statements of Beowulf Mining, assuming nothing else is changed. The correlation between historical values of Beowulf Mining's Free Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Beowulf Mining are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Free Cash Flow i.e., Beowulf Mining's Free Cash Flow and Investments go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Beowulf Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beowulf Mining 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 Beowulf Mining. 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.
The current year's
Selling General Administrative is expected to grow to about 2.6
M, whereas
Issuance Of Capital Stock is forecasted to decline to about 2.4
M.
Beowulf Mining fundamental ratios Correlations
Click cells to compare fundamentals
Beowulf Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beowulf Mining fundamental ratios Accounts
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Other Information on Investing in Beowulf Stock
Balance Sheet is a snapshot of the
financial position of Beowulf Mining at a specified time, usually calculated after every quarter, six months, or one year. Beowulf Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beowulf Mining 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 Beowulf currently owns. An asset can also be divided into two categories, current and non-current.