Bowhead Cash And Short Term Investments vs Total Assets Analysis
| BOW Stock | 35.80 1.01 2.90% |
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 Short Term Investments and its Total Assets 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 And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowhead Specialty Cash And Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Bowhead Specialty's Cash And Short Term Investments and Total Assets is -1.0. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets 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 Short Term Investments and Total 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 Cash And Short Term Investments of Bowhead Specialty Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., Bowhead Specialty's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -1.0 |
| Relationship Direction | Negative |
| Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bowhead Specialty balance sheet. This account contains Bowhead Specialty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bowhead Specialty Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Assets
Total assets refers to the total amount of Bowhead Specialty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bowhead Specialty books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bowhead Stock Analysis
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.