Bakken Interest Coverage vs Free Cash Flow Yield 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 Interest Coverage and its Free Cash Flow Yield 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.
Interest Coverage vs Free Cash Flow Yield
Interest Coverage vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakken Energy Corp Interest Coverage account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Bakken Energy's Interest Coverage and Free Cash Flow Yield is -0.87. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Free Cash Flow Yield 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 Interest Coverage and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Bakken Energy Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Interest Coverage i.e., Bakken Energy's Interest Coverage and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Interest Coverage
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.