BurTech Total Current Liabilities vs Net Debt Analysis
| BRKHU Stock | USD 11.49 0.02 0.17% |
BurTech Acquisition financial indicator trend analysis is way more than just evaluating BurTech Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BurTech Acquisition Corp is a good investment. Please check the relationship between BurTech Acquisition Total Current Liabilities and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BurTech Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Total Current Liabilities vs Net Debt
Total Current Liabilities vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BurTech Acquisition Corp Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BurTech Acquisition's Total Current Liabilities and Net Debt is 0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of BurTech Acquisition Corp, assuming nothing else is changed. The correlation between historical values of BurTech Acquisition's Total Current Liabilities 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 Total Current Liabilities of BurTech Acquisition Corp 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 Total Current Liabilities i.e., BurTech Acquisition's Total Current Liabilities and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on BurTech Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BurTech Acquisition Corp 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.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 BurTech Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BurTech Acquisition Corp 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 BurTech Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Tax Provision is likely to drop to about 1 M in 2024. Enterprise Value Over EBITDA is likely to drop to 38.16 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 719.0 | 4.0M | 4.6M | 4.8M | Depreciation And Amortization | 80.1K | 1.5K | 3.4M | 3.6M |
BurTech Acquisition fundamental ratios Correlations
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BurTech Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for BurTech Stock Analysis
When running BurTech Acquisition's price analysis, check to measure BurTech Acquisition'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 BurTech Acquisition is operating at the current time. Most of BurTech Acquisition's value examination focuses on studying past and present price action to predict the probability of BurTech Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BurTech Acquisition's price. Additionally, you may evaluate how the addition of BurTech Acquisition to your portfolios can decrease your overall portfolio volatility.