| BIGBLOC Stock | | | 111.64 0.91 0.81% |
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 Receivables and its Cash 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 Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bigbloc Construction Net Receivables account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bigbloc Construction's Net Receivables and Cash is -0.16. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash 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 Receivables and Cash 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 Receivables of Bigbloc Construction Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Bigbloc Construction's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Receivables
Cash
Cash refers to the most liquid asset of Bigbloc Construction, which is listed under current asset account on Bigbloc Construction Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bigbloc Construction customers. The amounts must be unrestricted with restricted cash listed in a different Bigbloc Construction account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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
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.