BOOT Stock | | | USD 136.23 2.60 1.87% |
Boot Barn financial indicator trend analysis is way more than just evaluating Boot Barn Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boot Barn Holdings is a good investment. Please check the relationship between Boot Barn Roe and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Roe vs Capex To Revenue
Roe vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boot Barn Holdings Roe account and
Capex To Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Boot Barn's Roe and Capex To Revenue is 0.96. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Boot Barn Holdings, assuming nothing else is changed. The correlation between historical values of Boot Barn's Roe and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Boot Barn Holdings are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Roe i.e., Boot Barn's Roe and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Roe
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Boot Barn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boot Barn Holdings 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 Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative is likely to drop to about 205.9
M in 2024.
Tax Provision is likely to drop to about 25.5
M in 2024
Boot Barn fundamental ratios Correlations
Click cells to compare fundamentals
Boot Barn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boot Barn fundamental ratios Accounts
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Additional Tools for Boot Stock Analysis
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