Bakkt Cash And Short Term Investments vs Other Current Liab Analysis
BKKT Stock | USD 29.33 1.77 5.69% |
Bakkt Holdings financial indicator trend analysis is way more than just evaluating Bakkt Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bakkt Holdings is a good investment. Please check the relationship between Bakkt Holdings Cash And Short Term Investments and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakkt Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.
Cash And Short Term Investments vs Other Current Liab
Cash And Short Term Investments vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bakkt Holdings' Cash And Short Term Investments and Other Current Liab is 0.19. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Bakkt Holdings, assuming nothing else is changed. The correlation between historical values of Bakkt Holdings' Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Bakkt Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Bakkt Holdings' Cash And Short Term Investments and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bakkt Holdings balance sheet. This account contains Bakkt Holdings investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bakkt Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Other Current Liab
Most indicators from Bakkt Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bakkt Holdings 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 Bakkt Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.Enterprise Value is likely to gain to about 181.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 119.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 187.9M | 231.9M | 873.2M | 916.8M | Cost Of Revenue | 175.1M | 167.6M | 718.5M | 754.4M |
Bakkt Holdings fundamental ratios Correlations
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Bakkt Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Bakkt Stock Analysis
When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.