BTC Health financial indicator trend analysis is way more than just evaluating BTC Health Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTC Health Limited is a good investment. Please check the relationship between BTC Health Selling General Administrative and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Health Limited. 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 vs Total Assets
Selling General Administrative vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BTC Health Limited Selling General Administrative account and
Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BTC Health's Selling General Administrative and Total Assets is -0.05. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of BTC Health Limited, assuming nothing else is changed. The correlation between historical values of BTC Health's Selling General Administrative and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of BTC Health Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., BTC Health's Selling General Administrative and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.05 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Selling General Administrative
Total Assets
Total assets refers to the total amount of BTC Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BTC Health Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from BTC Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Health Limited 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 BTC Health Limited. 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 215.3
K in 2025.
Issuance Of Capital Stock is likely to drop to about 759.1
K in 2025
BTC Health fundamental ratios Correlations
Click cells to compare fundamentals
BTC Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BTC Health fundamental ratios Accounts
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Additional Tools for BTC Stock Analysis
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measure BTC Health'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 BTC Health is operating at the current time. Most of BTC Health's value examination focuses on studying past and present price action to
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