Bowhead Short Term Investments vs Total Current Liabilities 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 Short Term Investments and its Total Current Liabilities 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.
Short Term Investments vs Total Current Liabilities
Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowhead Specialty Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Bowhead Specialty's Short Term Investments and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Bowhead Specialty Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Bowhead Specialty's Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Short Term Investments
Short Term Investments is an item under the current assets section of Bowhead Specialty balance sheet. It contains any investments Bowhead Specialty Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bowhead Specialty can easily liquidate in the marketplace.Total Current Liabilities
Total Current Liabilities is an item on Bowhead Specialty balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bowhead Specialty Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.