Borealis Interest Expense vs Gross Profit 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 Interest Expense and its Gross Profit 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.
Interest Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Borealis Foods Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Borealis Foods' Interest Expense and Gross Profit is -0.96. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit 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' Interest Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Borealis Foods are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Borealis Foods' Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Borealis Foods minus its cost of goods sold. It is profit before Borealis Foods operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.