BT-A Stock | | | 159.30 0.05 0.03% |
BT Group financial indicator trend analysis is way more than just evaluating BT Group Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BT Group Plc is a good investment. Please check the relationship between BT Group Change In Cash and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BT Group Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BT Group Plc Change In Cash account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BT Group's Change In Cash and Depreciation is -0.12. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of BT Group Plc, assuming nothing else is changed. The correlation between historical values of BT Group's Change In Cash 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 Cash of BT Group Plc 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 Cash i.e., BT Group's Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change In Cash
Depreciation
Depreciation indicates how much of BT Group Plc value has been used up. For tax purposes BT Group can deduct the cost of the tangible assets it purchases as business expenses. However, BT Group Plc 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 BT Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BT Group Plc 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 BT Group Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 156.8
M in 2024.
Tax Provision is likely to gain to about (150.5
M) in 2024
BT Group fundamental ratios Correlations
Click cells to compare fundamentals
BT Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BT Group fundamental ratios Accounts
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Additional Tools for BT-A Stock Analysis
When running BT Group's price analysis, check to
measure BT Group'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 BT Group is operating at the current time. Most of BT Group's value examination focuses on studying past and present price action to
predict the probability of BT Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BT Group's price. Additionally, you may evaluate how the addition of BT Group to your portfolios can decrease your overall portfolio volatility.