Borealis Capex To Depreciation vs Days Of Inventory On Hand Analysis
BRLSW Stock | 0.07 0 3.58% |
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 Capex To Depreciation and its Days Of Inventory On Hand 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 state. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.
Capex To Depreciation vs Days Of Inventory On Hand
Capex To Depreciation vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Borealis Foods Capex To Depreciation account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Borealis Foods' Capex To Depreciation and Days Of Inventory On Hand is 0.93. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Of Inventory On Hand 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' Capex To Depreciation and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Borealis Foods are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Capex To Depreciation i.e., Borealis Foods' Capex To Depreciation and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Days Of Inventory On Hand
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 state. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.Enterprise Value is likely to climb 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
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Borealis Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.