Bowhead Cash vs Inventory Analysis
| BOW Stock | 36.16 0.09 0.25% |
Bowhead Specialty financial indicator trend analysis is way more than just evaluating Bowhead Specialty prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bowhead Specialty is a good investment. Please check the relationship between Bowhead Specialty Cash and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowhead Specialty 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.
Cash vs Inventory
Cash vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowhead Specialty Cash account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Bowhead Specialty's Cash and Inventory is -0.98. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Bowhead Specialty Holdings, assuming nothing else is changed. The correlation between historical values of Bowhead Specialty's Cash 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 Cash of Bowhead Specialty Holdings 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 Cash i.e., Bowhead Specialty's Cash and Inventory go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Bowhead Specialty, which is listed under current asset account on Bowhead Specialty Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bowhead Specialty customers. The amounts must be unrestricted with restricted cash listed in a different Bowhead Specialty account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Inventory
Most indicators from Bowhead Specialty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bowhead Specialty 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 Bowhead Specialty 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. At this time, Bowhead Specialty's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 34.09 in 2024, whereas Tax Provision is likely to drop slightly above 5.8 M in 2024.
| 2010 | 2023 | 2024 (projected) | Depreciation And Amortization | 700K | 2.3M | 1.7M | Tax Provision | 3.4M | 7.1M | 5.8M |
Bowhead Specialty fundamental ratios Correlations
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Bowhead Specialty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Bowhead Specialty's price analysis, check to measure Bowhead Specialty'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 Bowhead Specialty is operating at the current time. Most of Bowhead Specialty's value examination focuses on studying past and present price action to predict the probability of Bowhead Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bowhead Specialty's price. Additionally, you may evaluate how the addition of Bowhead Specialty to your portfolios can decrease your overall portfolio volatility.