BTR Stock | | | CAD 0.23 0.01 4.17% |
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 Other Stockholder Equity and its Total Stockholder Equity 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.
Other Stockholder Equity vs Total Stockholder Equity
Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BonTerra Resources Other Stockholder Equity account and
Total Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between BonTerra Resources' Other Stockholder Equity and Total Stockholder Equity is 0.28. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity 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' Other Stockholder Equity and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of BonTerra Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., BonTerra Resources' Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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measure BonTerra Resources' 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 BonTerra Resources is operating at the current time. Most of BonTerra Resources' value examination focuses on studying past and present price action to
predict the probability of BonTerra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BonTerra Resources' price. Additionally, you may evaluate how the addition of BonTerra Resources to your portfolios can decrease your overall portfolio volatility.