BTR Stock | | | CAD 0.25 0.02 8.70% |
BonTerra Resources financial indicator trend analysis is way more than just evaluating BonTerra Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BonTerra Resources is a good investment. Please check the relationship between BonTerra Resources Depreciation And Amortization and its Discontinued Operations accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BonTerra Resources. 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.
Depreciation And Amortization vs Discontinued Operations
Depreciation And Amortization vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BonTerra Resources Depreciation And Amortization account and
Discontinued Operations. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BonTerra Resources' Depreciation And Amortization and Discontinued Operations is 0.85. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of BonTerra Resources, assuming nothing else is changed. The correlation between historical values of BonTerra Resources' Depreciation And Amortization and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of BonTerra Resources are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Depreciation And Amortization i.e., BonTerra Resources' Depreciation And Amortization and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Discontinued Operations
Most indicators from BonTerra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BonTerra Resources 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 BonTerra Resources. 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 climb to about 3.8
M in 2024, whereas Discontinued Operations is likely to drop (710
K) in 2024.
BonTerra Resources fundamental ratios Correlations
Click cells to compare fundamentals
BonTerra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BonTerra Resources fundamental ratios Accounts
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Additional Tools for BonTerra Stock Analysis
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