Brand Accounts Payable vs Total Current Assets Analysis

BNAIW Stock   0.02  0.0002  0.96%   
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 Accounts Payable and its Total Current Assets 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 gross domestic product.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brand Engagement Network Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Brand Engagement's Accounts Payable and Total Current Assets is -0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets 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 Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Brand Engagement Network are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Brand Engagement's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Brand Engagement obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Brand Engagement Network are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 gross domestic product.
At this time, Brand Engagement's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 238.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 994.6 K in 2024.
 2010 2022 2023 2024 (projected)
Gross Profit7.4K15.6K18.0K12.7K
Total Revenue7.4K15.6K18.0K12.7K

Brand Engagement fundamental ratios Correlations

-0.951.01.01.00.0-1.01.00.130.321.0-0.951.00.73-0.78-0.78-0.79-0.980.00.95-0.79-0.79-0.460.93-0.76-0.94
-0.95-0.95-0.95-0.95-0.020.93-0.95-0.14-0.31-0.951.0-0.95-0.590.730.730.730.880.02-0.80.740.730.49-0.790.710.91
1.0-0.951.01.00.02-0.991.00.150.311.0-0.951.00.72-0.77-0.77-0.78-0.98-0.020.95-0.78-0.78-0.450.93-0.74-0.93
1.0-0.951.01.00.01-1.01.00.10.361.0-0.951.00.75-0.8-0.8-0.81-0.980.040.94-0.82-0.81-0.490.94-0.78-0.95
1.0-0.951.01.00.0-0.991.00.140.31.0-0.951.00.71-0.77-0.77-0.77-0.98-0.020.95-0.78-0.78-0.440.93-0.74-0.93
0.0-0.020.020.010.00.020.00.68-0.010.01-0.020.020.06-0.06-0.06-0.06-0.020.070.02-0.06-0.06-0.070.04-0.06-0.04
-1.00.93-0.99-1.0-0.990.02-1.0-0.06-0.39-1.00.93-0.99-0.780.820.820.830.99-0.07-0.960.830.830.51-0.960.80.95
1.0-0.951.01.01.00.0-1.00.130.321.0-0.951.00.73-0.78-0.78-0.79-0.980.00.95-0.79-0.79-0.460.93-0.76-0.94
0.13-0.140.150.10.140.68-0.060.13-0.650.11-0.140.15-0.310.310.310.31-0.15-0.680.150.30.30.52-0.020.340.1
0.32-0.310.310.360.3-0.01-0.390.32-0.650.35-0.310.310.79-0.84-0.84-0.83-0.290.940.27-0.83-0.83-0.970.5-0.86-0.63
1.0-0.951.01.01.00.01-1.01.00.110.35-0.951.00.75-0.8-0.8-0.81-0.980.030.95-0.81-0.81-0.490.94-0.78-0.95
-0.951.0-0.95-0.95-0.95-0.020.93-0.95-0.14-0.31-0.95-0.95-0.590.730.730.730.880.02-0.80.740.730.49-0.790.710.91
1.0-0.951.01.01.00.02-0.991.00.150.311.0-0.950.72-0.77-0.77-0.78-0.98-0.020.95-0.78-0.78-0.450.93-0.75-0.93
0.73-0.590.720.750.710.06-0.780.73-0.310.790.75-0.590.72-0.96-0.96-0.96-0.760.610.78-0.96-0.96-0.790.91-0.95-0.87
-0.780.73-0.77-0.8-0.77-0.060.82-0.780.31-0.84-0.80.73-0.77-0.961.01.00.76-0.62-0.731.01.00.89-0.881.00.94
-0.780.73-0.77-0.8-0.77-0.060.82-0.780.31-0.84-0.80.73-0.77-0.961.01.00.76-0.62-0.731.01.00.89-0.881.00.94
-0.790.73-0.78-0.81-0.77-0.060.83-0.790.31-0.83-0.810.73-0.78-0.961.01.00.77-0.62-0.741.01.00.89-0.881.00.95
-0.980.88-0.98-0.98-0.98-0.020.99-0.98-0.15-0.29-0.980.88-0.98-0.760.760.760.770.02-0.990.770.770.4-0.960.730.9
0.00.02-0.020.04-0.020.07-0.070.0-0.680.940.030.02-0.020.61-0.62-0.62-0.620.02-0.02-0.61-0.61-0.860.23-0.65-0.34
0.95-0.80.950.940.950.02-0.960.950.150.270.95-0.80.950.78-0.73-0.73-0.74-0.99-0.02-0.75-0.75-0.350.97-0.7-0.86
-0.790.74-0.78-0.82-0.78-0.060.83-0.790.3-0.83-0.810.74-0.78-0.961.01.01.00.77-0.61-0.751.00.88-0.891.00.95
-0.790.73-0.78-0.81-0.78-0.060.83-0.790.3-0.83-0.810.73-0.78-0.961.01.01.00.77-0.61-0.751.00.89-0.891.00.95
-0.460.49-0.45-0.49-0.44-0.070.51-0.460.52-0.97-0.490.49-0.45-0.790.890.890.890.4-0.86-0.350.880.89-0.570.910.74
0.93-0.790.930.940.930.04-0.960.93-0.020.50.94-0.790.930.91-0.88-0.88-0.88-0.960.230.97-0.89-0.89-0.57-0.85-0.93
-0.760.71-0.74-0.78-0.74-0.060.8-0.760.34-0.86-0.780.71-0.75-0.951.01.01.00.73-0.65-0.71.01.00.91-0.850.93
-0.940.91-0.93-0.95-0.93-0.040.95-0.940.1-0.63-0.950.91-0.93-0.870.940.940.950.9-0.34-0.860.950.950.74-0.930.93
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Brand Engagement Account Relationship Matchups

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