BES Stock | | | CAD 0.07 0.01 7.69% |
Braille Energy financial indicator trend analysis is way more than just evaluating Braille Energy Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Braille Energy Systems is a good investment. Please check the relationship between Braille Energy Days Sales Outstanding and its Ev To Sales accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Braille Energy Systems. 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.
Days Sales Outstanding vs Ev To Sales
Days Sales Outstanding vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Braille Energy Systems Days Sales Outstanding account and
Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Braille Energy's Days Sales Outstanding and Ev To Sales is 0.57. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Braille Energy Systems, assuming nothing else is changed. The correlation between historical values of Braille Energy's Days Sales Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Braille Energy Systems are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Sales Outstanding i.e., Braille Energy's Days Sales Outstanding and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Days Sales Outstanding
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Braille Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Braille Energy Systems 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 Braille Energy Systems. 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.
At this time, Braille Energy's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 873.2
K in 2024, whereas
Discontinued Operations is likely to drop (21.3
K) in 2024.
Braille Energy fundamental ratios Correlations
Click cells to compare fundamentals
Braille Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Braille Energy fundamental ratios Accounts
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measure Braille Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Braille Energy is operating at the current time. Most of Braille Energy's value examination focuses on studying past and present price action to
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