Broad Cash And Short Term Investments vs Net Debt Analysis
| BRACR Stock | USD 0.13 0.01 8.33% |
Broad Capital financial indicator trend analysis is way more than just evaluating Broad Capital Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broad Capital Acquisition is a good investment. Please check the relationship between Broad Capital Cash And Short Term Investments and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broad Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Cash And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broad Capital Acquisition Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Broad Capital's Cash And Short Term Investments and Net Debt is -0.16. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Broad Capital Acquisition, assuming nothing else is changed. The correlation between historical values of Broad Capital's Cash And Short Term Investments and Net Debt 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 Broad Capital Acquisition are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Broad Capital's Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Broad Capital Acquisition balance sheet. This account contains Broad Capital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Broad Capital Acquisition 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.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Broad Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broad Capital Acquisition 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 Broad Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of 11/22/2024, Enterprise Value Over EBITDA is likely to drop to 657.53. In addition to that, Enterprise Value Multiple is likely to drop to 657.53
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 20.1K | 1.7M | 2.6M | 1.6M | Depreciation And Amortization | 30.1K | 1.7M | 2.6M | 1.6M |
Broad Capital fundamental ratios Correlations
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Broad Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Additional Tools for Broad Stock Analysis
When running Broad Capital's price analysis, check to measure Broad Capital'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 Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.