| BLX Stock | | | USD 33.41 0.57 1.68% |
Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Depreciation And Amortization and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. 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.
Depreciation And Amortization vs Total Operating Expenses
Depreciation And Amortization vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foreign Trade Bank Depreciation And Amortization account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Foreign Trade's Depreciation And Amortization and Total Operating Expenses is -0.52. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Depreciation And Amortization and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Foreign Trade Bank are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Foreign Trade's Depreciation And Amortization and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade Bank 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 Foreign Trade Bank. 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.
Selling General Administrative is likely to rise to about 50.7
M in 2024, whereas
Discontinued Operations is likely to drop (3.8
K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 54.1M | 184.6M | 446.1M | 468.4M | Depreciation And Amortization | 3.5M | 2.7M | 3.1M | 2.5M |
Foreign Trade fundamental ratios Correlations
Click cells to compare fundamentals
Foreign Trade Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foreign Trade fundamental ratios Accounts
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Additional Tools for Foreign Stock Analysis
When running Foreign Trade's price analysis, check to
measure Foreign Trade's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foreign Trade is operating at the current time. Most of Foreign Trade's value examination focuses on studying past and present price action to
predict the probability of Foreign Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foreign Trade's price. Additionally, you may evaluate how the addition of Foreign Trade to your portfolios can decrease your overall portfolio volatility.