Borealis Depreciation vs Free Cash Flow Analysis
| BRLS Stock | 5.97 0.06 1.02% |
Borealis Foods financial indicator trend analysis is way more than just evaluating Borealis Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Borealis Foods is a good investment. Please check the relationship between Borealis Foods Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borealis Foods. 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 economic analysis. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.
Depreciation vs Free Cash Flow
Depreciation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Borealis Foods Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Borealis Foods' Depreciation and Free Cash Flow is 0.77. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Borealis Foods, assuming nothing else is changed. The correlation between historical values of Borealis Foods' Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Borealis Foods are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Borealis Foods' Depreciation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.77 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Borealis Foods value has been used up. For tax purposes Borealis Foods can deduct the cost of the tangible assets it purchases as business expenses. However, Borealis Foods must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Borealis Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Borealis Foods 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 Borealis Foods. 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 economic analysis. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.Enterprise Value is likely to gain to about 167.4 M in 2024, whereas Tax Provision is likely to drop slightly above 41.3 K in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 264.7K | 3.2M | 3.7M | 1.9M | Depreciation And Amortization | 2.1M | 3.5M | 167.9K | 159.5K |
Borealis Foods fundamental ratios Correlations
Click cells to compare fundamentals
Borealis Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Borealis Stock Analysis
When running Borealis Foods' price analysis, check to measure Borealis Foods' 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 Borealis Foods is operating at the current time. Most of Borealis Foods' value examination focuses on studying past and present price action to predict the probability of Borealis Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borealis Foods' price. Additionally, you may evaluate how the addition of Borealis Foods to your portfolios can decrease your overall portfolio volatility.