Broad Net Working Capital vs Cash Analysis
| BRACU Stock | USD 11.31 0.00 0.00% |
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 Net Working Capital and its Cash 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.
Net Working Capital vs Cash
Net Working Capital vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broad Capital Acquisition Net Working Capital account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Broad Capital's Net Working Capital and Cash is 0.45. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Cash 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 Net Working Capital and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Broad Capital Acquisition are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Working Capital i.e., Broad Capital's Net Working Capital and Cash go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Working Capital
Cash
Cash refers to the most liquid asset of Broad Capital Acquisition, which is listed under current asset account on Broad Capital Acquisition balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Broad Capital customers. The amounts must be unrestricted with restricted cash listed in a different Broad Capital 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.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. Selling General Administrative is likely to drop to about 156.2 K in 2024. Tax Provision is likely to drop to about 534.7 K in 2024
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 1.6M | 3.0M | 2.5M | Tax Provision | 285.7K | 686.5K | 534.7K |
Broad Capital fundamental ratios Correlations
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Broad Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.