| 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 Short Term Investments and its Cash 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 And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Thunder Mining Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blue Thunder's Cash And Short Term Investments and Cash is 0.89. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash 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 Short Term Investments and Cash 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 Blue Thunder Mining are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Blue Thunder's Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Blue Thunder Mining balance sheet. This account contains Blue Thunder investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Blue Thunder Mining 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.
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.
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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