BLUECOAST | | | 9.98 0.00 0.00% |
Blue Coast financial indicator trend analysis is way more than just evaluating Blue Coast Hotels prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Coast Hotels is a good investment. Please check the relationship between Blue Coast Total Current Liabilities and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Coast Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Total Current Liabilities vs Common Stock
Total Current Liabilities vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Coast Hotels Total Current Liabilities account and
Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blue Coast's Total Current Liabilities and Common Stock is 0.19. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of Blue Coast Hotels, assuming nothing else is changed. The correlation between historical values of Blue Coast's Total Current Liabilities and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Blue Coast Hotels are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Blue Coast's Total Current Liabilities and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Blue Coast balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blue Coast Hotels are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Common Stock
Most indicators from Blue Coast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Coast Hotels 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 Coast Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
The current year's
Tax Provision is expected to grow to about 25.6
M, whereas
Selling General Administrative is forecasted to decline to about 996.9
K.
Blue Coast fundamental ratios Correlations
Click cells to compare fundamentals
Blue Coast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Coast 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 Blue Stock
Balance Sheet is a snapshot of the
financial position of Blue Coast Hotels at a specified time, usually calculated after every quarter, six months, or one year. Blue Coast Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blue Coast 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 Blue currently owns. An asset can also be divided into two categories, current and non-current.