Braille Total Current Assets vs Total Cash From Operating Activities Analysis

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 Total Current Assets and its Total Cash From Operating Activities 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.

Total Current Assets vs Total Cash From Operating Activities

Total Current Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Braille Energy Systems Total Current Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Braille Energy's Total Current Assets and Total Cash From Operating Activities is -0.71. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Current Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Braille Energy Systems are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Assets i.e., Braille Energy's Total Current Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Cash From Operating Activities

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.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation144.6K168.9K194.2K140.6K
Cost Of Revenue2.7M2.6M3.0M2.1M

Braille Energy fundamental ratios Correlations

0.40.84-0.61-0.620.740.770.730.110.550.890.670.49-0.280.04-0.680.780.320.480.810.510.830.92-0.570.79-0.12
0.4-0.10.17-0.910.030.060.780.010.960.550.880.73-0.78-0.58-0.490.750.570.690.740.3-0.070.22-0.920.62-0.51
0.84-0.1-0.72-0.20.780.790.440.20.040.720.290.060.250.28-0.510.480.180.260.470.460.970.91-0.160.56-0.04
-0.610.17-0.72-0.05-0.97-0.96-0.140.380.05-0.570.030.18-0.12-0.110.07-0.210.30.23-0.22-0.14-0.74-0.740.1-0.21-0.33
-0.62-0.91-0.2-0.05-0.18-0.22-0.94-0.18-0.91-0.75-0.97-0.720.620.510.68-0.87-0.74-0.86-0.92-0.44-0.24-0.490.94-0.860.5
0.740.030.78-0.97-0.181.00.36-0.30.140.740.2-0.030.02-0.02-0.240.42-0.090.00.430.270.80.86-0.320.420.18
0.770.060.79-0.96-0.221.00.41-0.280.170.770.24-0.010.01-0.03-0.270.45-0.040.050.470.290.820.88-0.350.460.15
0.730.780.44-0.14-0.940.360.410.170.80.890.960.58-0.43-0.4-0.750.910.80.90.930.520.50.69-0.890.93-0.59
0.110.010.20.38-0.18-0.3-0.280.17-0.060.010.20.20.32-0.07-0.360.160.490.410.190.430.060.02-0.020.31-0.2
0.550.960.040.05-0.910.140.170.8-0.060.620.910.78-0.85-0.38-0.560.790.50.660.780.270.080.34-0.880.64-0.47
0.890.550.72-0.57-0.750.740.770.890.010.620.780.4-0.27-0.26-0.670.860.540.660.870.520.770.92-0.760.88-0.36
0.670.880.290.03-0.970.20.240.960.20.910.780.72-0.61-0.39-0.730.90.760.890.90.440.320.54-0.890.85-0.63
0.490.730.060.18-0.72-0.03-0.010.580.20.780.40.72-0.74-0.23-0.570.670.310.510.680.330.030.22-0.60.55-0.27
-0.28-0.780.25-0.120.620.020.01-0.430.32-0.85-0.27-0.61-0.740.230.22-0.43-0.11-0.28-0.470.140.22-0.010.59-0.250.2
0.04-0.580.28-0.110.51-0.02-0.03-0.4-0.07-0.38-0.26-0.39-0.230.230.04-0.32-0.39-0.34-0.4-0.20.26-0.020.68-0.370.18
-0.68-0.49-0.510.070.68-0.24-0.27-0.75-0.36-0.56-0.67-0.73-0.570.220.04-0.88-0.56-0.72-0.72-0.81-0.55-0.630.51-0.730.44
0.780.750.48-0.21-0.870.420.450.910.160.790.860.90.67-0.43-0.32-0.880.590.770.890.740.530.72-0.820.87-0.48
0.320.570.180.3-0.74-0.09-0.040.80.490.50.540.760.31-0.11-0.39-0.560.590.950.660.390.210.32-0.630.75-0.72
0.480.690.260.23-0.860.00.050.90.410.660.660.890.51-0.28-0.34-0.720.770.950.790.490.30.44-0.730.84-0.75
0.810.740.47-0.22-0.920.430.470.930.190.780.870.90.68-0.47-0.4-0.720.890.660.790.560.510.71-0.860.97-0.33
0.510.30.46-0.14-0.440.270.290.520.430.270.520.440.330.14-0.2-0.810.740.390.490.560.480.53-0.410.62-0.22
0.83-0.070.97-0.74-0.240.80.820.50.060.080.770.320.030.220.26-0.550.530.210.30.510.480.94-0.20.6-0.08
0.920.220.91-0.74-0.490.860.880.690.020.340.920.540.22-0.01-0.02-0.630.720.320.440.710.530.94-0.490.76-0.14
-0.57-0.92-0.160.10.94-0.32-0.35-0.89-0.02-0.88-0.76-0.89-0.60.590.680.51-0.82-0.63-0.73-0.86-0.41-0.2-0.49-0.790.43
0.790.620.56-0.21-0.860.420.460.930.310.640.880.850.55-0.25-0.37-0.730.870.750.840.970.620.60.76-0.79-0.4
-0.12-0.51-0.04-0.330.50.180.15-0.59-0.2-0.47-0.36-0.63-0.270.20.180.44-0.48-0.72-0.75-0.33-0.22-0.08-0.140.43-0.4
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Braille Energy Account Relationship Matchups

Braille Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets913.2K6.0M5.1M3.3M3.8M2.3M
Total Current Liabilities2.2M1.0M1.5M1.7M2.0M2.1M
Total Stockholder Equity(1.4M)4.4M3.1M1.3M1.5M1.3M
Net Debt84.4K(3.5M)(1.8M)422.0K379.8K398.8K
Retained Earnings(6.9M)(7.7M)(10.5M)(13.3M)(11.9M)(11.3M)
Cash124.7K4.2M2.5M140.3K161.3K153.3K
Cash And Short Term Investments124.7K4.2M2.6M249.5K287.0K272.6K
Liabilities And Stockholders Equity913.2K6.0M5.1M3.3M3.8M2.3M
Other Current Assets92.1K294.8K348.4K317.8K365.5K383.7K
Other Stockholder Equity819.0K533.7K1.9M2.3M2.6M1.6M
Total Liab2.4M1.6M2.0M2.1M2.4M2.5M
Total Current Assets661.0K5.3M4.4M2.7M3.1M3.2M
Common Stock Shares Outstanding47.1M65.7M80.9M86.0M98.9M103.9M
Net Receivables165.1K176.3K130.1K268.6K308.9K164.8K
Property Plant And Equipment Net252.2K788.9K717.4K614.8K553.3K585.2K
Non Current Assets Total252.2K788.9K717.4K614.8K553.3K775.7K
Other Current Liab1.5M497.4K103.3K217.9K196.1K186.3K
Net Tangible Assets(1.0M)(1.4M)4.4M3.1M3.6M3.8M
Accounts Payable482.9K370.8K1.2M1.3M1.5M1.5M
Inventory279.2K577.6K1.3M1.8M2.1M2.2M
Property Plant Equipment88.6K252.2K788.9K717.4K825.0K535.1K
Non Current Liabilities Total183.9K600.8K539.6K357.1K410.6K480.6K
Net Invested Capital(1.3M)4.5M3.2M1.4M1.6M1.5M
Net Working Capital(1.5M)4.2M2.9M962.2K1.1M907.8K
Other Liab171.6K16.0K24.5K20K18K17.1K
Accumulated Other Comprehensive Income(19.4K)5.5K74.4K60.7K69.8K73.3K
Short Long Term Debt Total209.1K728.0K682.2K562.3K646.7K489.9K
Current Deferred Revenue80.1K27.9K48.4K4.5K4.0K3.8K
Short Term Debt124.7K151.7K162.7K205.3K236.0K151.6K

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