| BIGBLOC Stock | | | 66.79 1.54 2.25% |
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 Net Debt and its Current Deferred Revenue 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.
Net Debt vs Current Deferred Revenue
Net Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bigbloc Construction Net Debt account and
Current Deferred Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Bigbloc Construction's Net Debt and Current Deferred Revenue is 0.08. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue 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 Net Debt and Current Deferred 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 Net Debt of Bigbloc Construction Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Bigbloc Construction's Net Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 125.9
M, whereas
Selling General Administrative is forecasted to decline to about 35.2
M.
Bigbloc Construction fundamental ratios Correlations
Click cells to compare fundamentals
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.