BRBS Stock | | | USD 3.55 0.05 1.39% |
Blue Ridge financial indicator trend analysis is way more than just evaluating Blue Ridge Bankshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Ridge Bankshares is a good investment. Please check the relationship between Blue Ridge Net Invested Capital and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Ridge Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Net Invested Capital vs Short Long Term Debt Total
Net Invested Capital vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Ridge Bankshares Net Invested Capital account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Blue Ridge's Net Invested Capital and Short Long Term Debt Total is -0.53. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Blue Ridge Bankshares, assuming nothing else is changed. The correlation between historical values of Blue Ridge's Net Invested Capital and Short Long Term Debt Total 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 Invested Capital of Blue Ridge Bankshares are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Invested Capital i.e., Blue Ridge's Net Invested Capital and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Short Long Term Debt Total
Most indicators from Blue Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Ridge Bankshares 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 Blue Ridge Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Discontinued Operations is likely to gain to about 406.9
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 34.1
M in 2024.
Blue Ridge fundamental ratios Correlations
Click cells to compare fundamentals
Blue Ridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Ridge fundamental ratios Accounts
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