BLUE Stock | | | CAD 0.04 0.01 10.00% |
Blue Thunder financial indicator trend analysis is way more than just evaluating Blue Thunder Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Thunder Mining is a good investment. Please check the relationship between Blue Thunder Cash and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Thunder Mining. 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.
Cash vs Other Current Liab
Cash vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Thunder Mining Cash account and
Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blue Thunder's Cash and Other Current Liab is 0.86. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Blue Thunder Mining, assuming nothing else is changed. The correlation between historical values of Blue Thunder's Cash 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 of Blue Thunder Mining 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 i.e., Blue Thunder's Cash and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Blue Thunder Mining, which is listed under current asset account on Blue Thunder Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Blue Thunder customers. The amounts must be unrestricted with restricted cash listed in a different Blue Thunder account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Other Current Liab
Most indicators from Blue Thunder's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Thunder Mining 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 Blue Thunder Mining. 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.
At this time, Blue Thunder's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 1.5
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.56 in 2024.
Blue Thunder fundamental ratios Correlations
Click cells to compare fundamentals
Blue Thunder Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Thunder fundamental ratios Accounts
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