BurTech Retained Earnings vs Cash Analysis
| BRKHW Stock | USD 0.21 0.02 8.70% |
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 Retained Earnings and its Cash 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.
Retained Earnings vs Cash
Retained Earnings vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BurTech Acquisition Corp Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between BurTech Acquisition's Retained Earnings and Cash is 0.63. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings 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 Retained Earnings of BurTech Acquisition Corp 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 Retained Earnings i.e., BurTech Acquisition's Retained Earnings and Cash go up and down completely randomly.
Correlation Coefficient | 0.63 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Cash
Cash refers to the most liquid asset of BurTech Acquisition Corp, which is listed under current asset account on BurTech Acquisition Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BurTech Acquisition customers. The amounts must be unrestricted with restricted cash listed in a different BurTech Acquisition 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 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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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.