Bolt Change In Working Capital vs Depreciation Analysis
| BSLKW Stock | 0.06 0.03 93.60% |
Bolt Projects financial indicator trend analysis is way more than just evaluating Bolt Projects Holdings, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bolt Projects Holdings, is a good investment. Please check the relationship between Bolt Projects Change In Working Capital and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bolt Projects Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Change In Working Capital vs Depreciation
Change In Working Capital vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bolt Projects Holdings, Change In Working Capital account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bolt Projects' Change In Working Capital and Depreciation is 0.92. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation in the same time period over historical financial statements of Bolt Projects Holdings,, assuming nothing else is changed. The correlation between historical values of Bolt Projects' Change In Working Capital and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Bolt Projects Holdings, are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Working Capital i.e., Bolt Projects' Change In Working Capital and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Depreciation
Depreciation indicates how much of Bolt Projects Holdings, value has been used up. For tax purposes Bolt Projects can deduct the cost of the tangible assets it purchases as business expenses. However, Bolt Projects Holdings, 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.Most indicators from Bolt Projects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bolt Projects Holdings, 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 Bolt Projects Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. Selling General Administrative is likely to drop to about 29.6 M in 2024. Issuance Of Capital Stock is likely to drop to about 2.4 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 880K | 734K | 660.6K | 645.6K | Research Development | 23.6M | 15.9M | 14.3M | 15.8M |
Bolt Projects fundamental ratios Correlations
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Bolt Projects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Bolt Projects' price analysis, check to measure Bolt Projects' 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 Bolt Projects is operating at the current time. Most of Bolt Projects' value examination focuses on studying past and present price action to predict the probability of Bolt Projects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bolt Projects' price. Additionally, you may evaluate how the addition of Bolt Projects to your portfolios can decrease your overall portfolio volatility.