| BIGBLOC Stock | | | 111.37 0.27 0.24% |
Bigbloc Construction financial indicator trend analysis is way more than just evaluating Bigbloc Construction prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bigbloc Construction is a good investment. Please check the relationship between Bigbloc Construction Long Term Debt and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bigbloc Construction 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 bureau of economic analysis.
Long Term Debt vs Short Term Investments
Long Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bigbloc Construction Long Term Debt account and
Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bigbloc Construction's Long Term Debt and Short Term Investments is 0.27. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Bigbloc Construction Limited, assuming nothing else is changed. The correlation between historical values of Bigbloc Construction's Long Term Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Bigbloc Construction Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Debt i.e., Bigbloc Construction's Long Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Bigbloc Construction has held for over one year. Long-term debt appears on Bigbloc Construction Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bigbloc Construction Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Short Term Investments
Short Term Investments is an item under the current assets section of Bigbloc Construction balance sheet. It contains any investments Bigbloc Construction Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bigbloc Construction can easily liquidate in the marketplace.
Most indicators from Bigbloc Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bigbloc Construction 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 Bigbloc Construction 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 bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 109.4
M. The current year's
Selling General Administrative is expected to grow to about 227.4
MBigbloc Construction fundamental ratios Correlations
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Bigbloc Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bigbloc Construction fundamental ratios Accounts
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Other Information on Investing in Bigbloc Stock
Balance Sheet is a snapshot of the
financial position of Bigbloc Construction at a specified time, usually calculated after every quarter, six months, or one year. Bigbloc Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bigbloc Construction 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 Bigbloc currently owns. An asset can also be divided into two categories, current and non-current.