| BES Stock | | | CAD 0.07 0.01 7.14% |
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 Other Operating Expenses and its Total Revenue 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.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Braille Energy Systems Other Operating Expenses account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Braille Energy's Other Operating Expenses and Total Revenue is 0.94. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue 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 Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Braille Energy Systems are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Braille Energy's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Braille Energy Systems. It is also known as Braille Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Revenue
Total revenue comprises all receipts Braille Energy Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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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