BKS Stock | | | 267.00 4.00 1.52% |
Beeks Trading financial indicator trend analysis is way more than just evaluating Beeks Trading prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beeks Trading is a good investment. Please check the relationship between Beeks Trading Accounts Payable and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beeks Trading. 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.
Accounts Payable vs Intangible Assets
Accounts Payable vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beeks Trading Accounts Payable account and
Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beeks Trading's Accounts Payable and Intangible Assets is 0.8. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Beeks Trading, assuming nothing else is changed. The correlation between historical values of Beeks Trading's Accounts Payable and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Beeks Trading are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Accounts Payable i.e., Beeks Trading's Accounts Payable and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Beeks Trading obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Beeks Trading are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Beeks Trading's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beeks Trading 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 Beeks Trading. 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
Selling General Administrative is expected to grow to about 10.2
M, whereas
Tax Provision is projected to grow to (479.7
K).
Beeks Trading fundamental ratios Correlations
Click cells to compare fundamentals
Beeks Trading Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beeks Trading fundamental ratios Accounts
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Other Information on Investing in Beeks Stock
Balance Sheet is a snapshot of the
financial position of Beeks Trading at a specified time, usually calculated after every quarter, six months, or one year. Beeks Trading Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beeks Trading 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 Beeks currently owns. An asset can also be divided into two categories, current and non-current.