BFUTILITIE | | | 958.55 2.70 0.28% |
BF Utilities financial indicator trend analysis is way more than just evaluating BF Utilities Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BF Utilities Limited is a good investment. Please check the relationship between BF Utilities Total Current Liabilities and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BF Utilities Limited. 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.
Total Current Liabilities vs Inventory
Total Current Liabilities vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BF Utilities Limited Total Current Liabilities account and
Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between BF Utilities' Total Current Liabilities and Inventory is 0.72. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory in the same time period over historical financial statements of BF Utilities Limited, assuming nothing else is changed. The correlation between historical values of BF Utilities' Total Current Liabilities and Inventory 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 Liabilities of BF Utilities Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., BF Utilities' Total Current Liabilities and Inventory go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on BF Utilities balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BF Utilities Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Inventory
Most indicators from BF Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BF Utilities Limited 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 BF Utilities Limited. 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.
The BF Utilities' current
Tax Provision is estimated to increase to about 208.2
M, while
Selling General Administrative is projected to decrease to under 5.6
M.
BF Utilities fundamental ratios Correlations
Click cells to compare fundamentals
BF Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BF Utilities fundamental ratios Accounts
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Other Information on Investing in BFUTILITIE Stock
Balance Sheet is a snapshot of the
financial position of BF Utilities Limited at a specified time, usually calculated after every quarter, six months, or one year. BF Utilities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BF Utilities 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 BFUTILITIE currently owns. An asset can also be divided into two categories, current and non-current.