| BLBLIMITED | | | 19.41 0.20 1.02% |
BLB financial indicator trend analysis is way more than just evaluating BLB Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BLB Limited is a good investment. Please check the relationship between BLB Cash And Short Term Investments and its Total Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BLB 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 gross domestic product.
Cash And Short Term Investments vs Total Liab
Cash And Short Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BLB Limited Cash And Short Term Investments account and
Total Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BLB's Cash And Short Term Investments and Total Liab is 0.12. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of BLB Limited, assuming nothing else is changed. The correlation between historical values of BLB's Cash And Short Term Investments and Total 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 BLB Limited are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash And Short Term Investments i.e., BLB's Cash And Short Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of BLB Limited balance sheet. This account contains BLB investments that will expire within one year. These investments include stocks and bonds that can be liquidated by BLB Limited 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.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from BLB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BLB Limited 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 BLB 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 gross domestic product.
The current
Selling General Administrative is estimated to decrease to about 7.4
M. The current
Tax Provision is estimated to decrease to about 6
MBLB fundamental ratios Correlations
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BLB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BLB fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in BLB Stock
Balance Sheet is a snapshot of the
financial position of BLB Limited at a specified time, usually calculated after every quarter, six months, or one year. BLB Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BLB 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 BLB currently owns. An asset can also be divided into two categories, current and non-current.