Bowhead Total Liab vs Net Receivables 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 Total Liab and its Net Receivables 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.
Total Liab vs Net Receivables
Total Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowhead Specialty Total Liab account and Net Receivables. At this time, the significance of the direction appears to have totally related.
The correlation between Bowhead Specialty's Total Liab and Net Receivables is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables 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 Total Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Bowhead Specialty Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., Bowhead Specialty's Total Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Receivables
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
Click cells to compare fundamentals
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.