Biofrontera Other Current Liab vs Net Working Capital Analysis
BFRIW Stock | USD 0.09 0.01 12.22% |
Biofrontera Warrants financial indicator trend analysis is way more than just evaluating Biofrontera Warrants prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biofrontera Warrants is a good investment. Please check the relationship between Biofrontera Warrants Other Current Liab and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biofrontera Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Biofrontera Stock please use our How to Invest in Biofrontera Warrants guide.
Other Current Liab vs Net Working Capital
Other Current Liab vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Biofrontera Warrants Other Current Liab account and Net Working Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Biofrontera Warrants' Other Current Liab and Net Working Capital is 0.26. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Biofrontera Warrants, assuming nothing else is changed. The correlation between historical values of Biofrontera Warrants' Other Current Liab and Net Working Capital 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 Current Liab of Biofrontera Warrants are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Current Liab i.e., Biofrontera Warrants' Other Current Liab and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Net Working Capital
Most indicators from Biofrontera Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biofrontera Warrants 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 Biofrontera Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Biofrontera Stock please use our How to Invest in Biofrontera Warrants guide.At this time, Biofrontera Warrants' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 8.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 35 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 540K | 1.2M | 1.1M | 1.5M | Interest Income | 16K | 175K | 168K | 90.6K |
Biofrontera Warrants fundamental ratios Correlations
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Biofrontera Warrants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Biofrontera Warrants' price analysis, check to measure Biofrontera Warrants' 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 Biofrontera Warrants is operating at the current time. Most of Biofrontera Warrants' value examination focuses on studying past and present price action to predict the probability of Biofrontera Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biofrontera Warrants' price. Additionally, you may evaluate how the addition of Biofrontera Warrants to your portfolios can decrease your overall portfolio volatility.