Bakken Book Value Per Share vs Interest Coverage Analysis
| BKEN Stock | USD 0.0001 0.00 0.00% |
Bakken Energy financial indicator trend analysis is way more than just evaluating Bakken Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bakken Energy Corp is a good investment. Please check the relationship between Bakken Energy Book Value Per Share and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakken Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Book Value Per Share vs Interest Coverage
Book Value Per Share vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakken Energy Corp Book Value Per Share account and Interest Coverage. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bakken Energy's Book Value Per Share and Interest Coverage is 0.81. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Bakken Energy Corp, assuming nothing else is changed. The correlation between historical values of Bakken Energy's Book Value Per Share and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Bakken Energy Corp are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Book Value Per Share i.e., Bakken Energy's Book Value Per Share and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Interest Coverage
Most indicators from Bakken Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bakken Energy Corp 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 Bakken Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. As of the 26th of February 2025, Selling General Administrative is likely to grow to about 138.3 K, while Enterprise Value Over EBITDA is likely to drop (0.03).
| 2013 | 2024 | 2025 (projected) | Non Recurring | 60K | 54K | 51.3K | Research Development | 137K | 67.5K | 96.0K |
Bakken Energy fundamental ratios Correlations
Click cells to compare fundamentals
Bakken Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakken Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bakken Energy. If investors know Bakken will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bakken Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bakken Energy Corp is measured differently than its book value, which is the value of Bakken that is recorded on the company's balance sheet. Investors also form their own opinion of Bakken Energy's value that differs from its market value or its book value, called intrinsic value, which is Bakken Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bakken Energy's market value can be influenced by many factors that don't directly affect Bakken Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bakken Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakken Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakken Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.