Brand Other Current Assets vs Inventory Analysis
BNAI Stock | 0.85 0.02 2.30% |
Brand Engagement financial indicator trend analysis is way more than just evaluating Brand Engagement Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brand Engagement Network is a good investment. Please check the relationship between Brand Engagement Other Current Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brand Engagement Network Other Current Assets account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Brand Engagement's Other Current Assets and Inventory is -0.75. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Brand Engagement Network, assuming nothing else is changed. The correlation between historical values of Brand Engagement's Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Brand Engagement Network are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Brand Engagement's Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Inventory
Most indicators from Brand Engagement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brand Engagement Network 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 Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Brand Engagement's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Brand Engagement's current Enterprise Value is estimated to increase to about 238.6 M, while Selling General Administrative is projected to decrease to under 994.6 K.
2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4K | 15.6K | 18.0K | 12.7K | Total Revenue | 7.4K | 15.6K | 18.0K | 12.7K |
Brand Engagement fundamental ratios Correlations
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Brand Engagement Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Brand Engagement Network is a strong investment it is important to analyze Brand Engagement's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Brand Engagement's future performance. For an informed investment choice regarding Brand Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brand Engagement. If investors know Brand will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brand Engagement listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.001 | Return On Assets (0.65) | Return On Equity (1.33) |
The market value of Brand Engagement Network is measured differently than its book value, which is the value of Brand that is recorded on the company's balance sheet. Investors also form their own opinion of Brand Engagement's value that differs from its market value or its book value, called intrinsic value, which is Brand Engagement's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brand Engagement's market value can be influenced by many factors that don't directly affect Brand Engagement's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brand Engagement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brand Engagement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brand Engagement's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.