Bitterroot Research Development vs Cost Of Revenue Analysis

BTT Stock

CAD 0.05 0.01 25.00%

Bitterroot Resources financial indicator trend analysis is way more than just evaluating Bitterroot Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bitterroot Resources is a good investment. Please check the relationship between Bitterroot Resources Research Development and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitterroot 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.

Research Development vs Cost Of Revenue

Research Development vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitterroot Resources Research Development account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between Bitterroot Resources' Research Development and Cost Of Revenue is 0.02. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Bitterroot Resources, assuming nothing else is changed. The correlation between historical values of Bitterroot Resources' Research Development and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Bitterroot Resources are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Research Development i.e., Bitterroot Resources' Research Development and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Research Development

Cost Of Revenue

Cost of Revenue is found on Bitterroot Resources income statement and represents the costs associated with goods and services Bitterroot Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Bitterroot Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitterroot 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 Bitterroot 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.

At this time, Bitterroot Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 6.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 218.5 K in 2024.

Bitterroot Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Cash	Cash And Short Term Investments	Other Stockholder Equity	Non Current Liabilities Total	Net Tangible Assets	Inventory	Other Current Assets	Property Plant Equipment	Short Long Term Debt
Total Assets		0.21	-0.1	-0.16	0.99	0.96	-0.78	-0.38	0.96	0.43	-0.35	0.23	-0.15	0.79	-0.07	0.49	-0.11	0.8	0.8	0.3	-0.53	0.57	0.05	-0.08	0.49	0.34
Short Long Term Debt Total	0.21		-0.16	0.45	0.15	0.15	-0.01	-0.26	0.21	-0.03	-0.41	0.23	0.46	0.14	0.79	0.31	0.42	0.15	0.15	-0.12	-0.12	0.14	0.16	0.01	0.23	0.87
Other Current Liab	-0.1	-0.16		0.49	-0.17	-0.12	0.28	-0.37	0.0	0.09	-0.45	0.4	0.6	-0.3	0.01	0.39	-0.1	-0.29	-0.29	-0.52	0.04	-0.14	0.41	-0.44	0.07	-0.16
Total Current Liabilities	-0.16	0.45	0.49		-0.26	-0.17	0.6	-0.41	-0.02	0.13	-0.57	0.57	0.9	-0.54	0.67	0.41	0.58	-0.53	-0.53	-0.48	-0.26	-0.26	0.29	-0.47	0.06	0.28
Total Stockholder Equity	0.99	0.15	-0.17	-0.26		0.96	-0.81	-0.31	0.94	0.44	-0.27	0.18	-0.26	0.82	-0.13	0.43	-0.15	0.83	0.83	0.35	-0.52	0.61	0.01	-0.07	0.5	0.3
Property Plant And Equipment Net	0.96	0.15	-0.12	-0.17	0.96		-0.71	-0.47	0.95	0.34	-0.36	0.19	-0.15	0.71	-0.09	0.53	-0.11	0.72	0.72	0.31	-0.61	0.39	0.1	-0.06	0.33	0.26
Net Debt	-0.78	-0.01	0.28	0.6	-0.81	-0.71		-0.13	-0.61	-0.14	-0.03	0.31	0.5	-0.99	0.33	0.02	0.3	-0.99	-0.99	-0.52	0.07	-0.58	0.31	-0.33	-0.29	-0.16
Retained Earnings	-0.38	-0.26	-0.37	-0.41	-0.31	-0.47	-0.13		-0.56	-0.22	0.64	-0.62	-0.48	0.1	-0.2	-0.94	-0.14	0.09	0.09	0.24	0.65	0.05	-0.72	0.38	-0.2	-0.24
Non Current Assets Total	0.96	0.21	0.0	-0.02	0.94	0.95	-0.61	-0.56		0.46	-0.44	0.36	-0.05	0.62	0.03	0.66	-0.03	0.63	0.63	0.2	-0.67	0.48	0.17	-0.22	0.49	0.32
Non Currrent Assets Other	0.43	-0.03	0.09	0.13	0.44	0.34	-0.14	-0.22	0.46		-0.31	0.7	-0.1	0.14	-0.12	0.34	0.12	0.15	0.15	-0.14	-0.39	0.73	0.18	-0.77	0.83	0.32
Net Receivables	-0.35	-0.41	-0.45	-0.57	-0.27	-0.36	-0.03	0.64	-0.44	-0.31		-0.56	-0.57	0.0	-0.33	-0.63	-0.38	-0.03	-0.03	0.23	0.42	-0.13	-0.27	0.36	-0.34	-0.47
Common Stock Shares Outstanding	0.23	0.23	0.4	0.57	0.18	0.19	0.31	-0.62	0.36	0.7	-0.56		0.48	-0.27	0.25	0.67	0.17	-0.25	-0.25	-0.63	-0.37	0.35	0.6	-0.75	0.65	0.43
Total Liab	-0.15	0.46	0.6	0.9	-0.26	-0.15	0.5	-0.48	-0.05	-0.1	-0.57	0.48		-0.44	0.54	0.43	0.36	-0.42	-0.42	-0.53	-0.05	-0.32	0.42	-0.23	-0.04	0.29
Total Current Assets	0.79	0.14	-0.3	-0.54	0.82	0.71	-0.99	0.1	0.62	0.14	0.0	-0.27	-0.44		-0.25	0.01	-0.26	1.0	1.0	0.49	-0.06	0.6	-0.26	0.34	0.32	0.28
Short Term Debt	-0.07	0.79	0.01	0.67	-0.13	-0.09	0.33	-0.2	0.03	-0.12	-0.33	0.25	0.54	-0.25		0.25	0.62	-0.24	-0.24	-0.31	-0.23	-0.19	-0.02	-0.15	-0.01	0.54
Common Stock	0.49	0.31	0.39	0.41	0.43	0.53	0.02	-0.94	0.66	0.34	-0.63	0.67	0.43	0.01	0.25		0.13	0.03	0.03	-0.2	-0.68	0.16	0.65	-0.43	0.42	0.32
Accounts Payable	-0.11	0.42	-0.1	0.58	-0.15	-0.11	0.3	-0.14	-0.03	0.12	-0.38	0.17	0.36	-0.26	0.62	0.13		-0.25	-0.25	-0.11	-0.31	-0.13	-0.25	-0.13	0.02	0.35
Cash	0.8	0.15	-0.29	-0.53	0.83	0.72	-0.99	0.09	0.63	0.15	-0.03	-0.25	-0.42	1.0	-0.24	0.03	-0.25		1.0	0.48	-0.07	0.6	-0.25	0.32	0.34	0.29
Cash And Short Term Investments	0.8	0.15	-0.29	-0.53	0.83	0.72	-0.99	0.09	0.63	0.15	-0.03	-0.25	-0.42	1.0	-0.24	0.03	-0.25	1.0		0.48	-0.07	0.6	-0.25	0.32	0.34	0.29
Other Stockholder Equity	0.3	-0.12	-0.52	-0.48	0.35	0.31	-0.52	0.24	0.2	-0.14	0.23	-0.63	-0.53	0.49	-0.31	-0.2	-0.11	0.48	0.48		-0.27	0.08	-0.4	0.39	-0.15	-0.27
Non Current Liabilities Total	-0.53	-0.12	0.04	-0.26	-0.52	-0.61	0.07	0.65	-0.67	-0.39	0.42	-0.37	-0.05	-0.06	-0.23	-0.68	-0.31	-0.07	-0.07	-0.27		-0.04	-0.2	0.44	-0.18	-0.03
Net Tangible Assets	0.57	0.14	-0.14	-0.26	0.61	0.39	-0.58	0.05	0.48	0.73	-0.13	0.35	-0.32	0.6	-0.19	0.16	-0.13	0.6	0.6	0.08	-0.04		0.0	-0.24	0.92	0.49
Inventory	0.05	0.16	0.41	0.29	0.01	0.1	0.31	-0.72	0.17	0.18	-0.27	0.6	0.42	-0.26	-0.02	0.65	-0.25	-0.25	-0.25	-0.4	-0.2	0.0		-0.39	0.22	0.19
Other Current Assets	-0.08	0.01	-0.44	-0.47	-0.07	-0.06	-0.33	0.38	-0.22	-0.77	0.36	-0.75	-0.23	0.34	-0.15	-0.43	-0.13	0.32	0.32	0.39	0.44	-0.24	-0.39		-0.48	-0.13
Property Plant Equipment	0.49	0.23	0.07	0.06	0.5	0.33	-0.29	-0.2	0.49	0.83	-0.34	0.65	-0.04	0.32	-0.01	0.42	0.02	0.34	0.34	-0.15	-0.18	0.92	0.22	-0.48		0.57
Short Long Term Debt	0.34	0.87	-0.16	0.28	0.3	0.26	-0.16	-0.24	0.32	0.32	-0.47	0.43	0.29	0.28	0.54	0.32	0.35	0.29	0.29	-0.27	-0.03	0.49	0.19	-0.13	0.57

Click cells to compare fundamentals

Bitterroot Resources Account Relationship Matchups

Bitterroot Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4M	6.3M	5.4M	5.6M	5.0M	5.5M
Short Long Term Debt Total	216.5K	38.9K	43.0K	96.8K	111.4K	76.2K
Other Current Liab	30.1K	110.0K	52.5K	127.7K	146.8K	86.5K
Total Current Liabilities	370.9K	126.6K	73.4K	348.4K	400.7K	420.7K
Total Stockholder Equity	4.0M	6.2M	5.3M	5.2M	4.7M	5.2M
Property Plant And Equipment Net	4.4M	5.5M	5.3M	4.8M	4.3M	4.9M
Net Debt	199.4K	(697.5K)	(62.4K)	91.0K	104.6K	109.9K
Retained Earnings	(27.1M)	(28.0M)	(29.8M)	(30.2M)	(27.1M)	(25.8M)
Non Current Assets Total	4.4M	5.6M	5.3M	5.6M	5.0M	5.0M
Non Currrent Assets Other	11.5K	11.6K	45.8K	36.6K	42.1K	44.2K
Net Receivables	4.0K	4.9K	7.4K	1.7K	1.6K	1.5K
Common Stock Shares Outstanding	46.2M	71.8M	85.2M	92.3M	106.2M	111.5M
Liabilities And Stockholders Equity	4.4M	6.3M	5.4M	5.6M	5.0M	5.5M
Total Liab	405.0K	149.0K	95.4K	348.4K	400.7K	435.8K
Total Current Assets	29.3K	747.0K	108.5K	7.6K	6.8K	6.5K
Short Term Debt	182.4K	16.5K	21.0K	96.8K	111.4K	55.7K
Common Stock	26.9M	29.4M	30.2M	30.4M	35.0M	25.5M
Accounts Payable	158.3K	110.0K	52.5K	123.9K	111.5K	93.5K
Cash	17.0K	736.4K	105.3K	5.8K	5.3K	5.0K
Cash And Short Term Investments	17.0K	736.4K	105.3K	5.8K	5.3K	5.0K
Other Stockholder Equity	25K	4.2M	4.7M	4.9M	4.4M	4.2M
Accumulated Other Comprehensive Income	4.2M	4.7M	4.9M	4.9M	5.7M	4.0M
Net Tangible Assets	3.7M	4.0M	6.2M	5.3M	6.1M	5.3M
Other Current Assets	4.4K	7.3K	3.2K	1.73	1.56	1.48
Property Plant Equipment	4.2M	4.4M	5.5M	5.3M	6.1M	5.2M
Short Long Term Debt	45.2K	50.6K	160K	96.8K	111.4K	91.7K
Net Invested Capital	4.2M	6.2M	5.3M	5.3M	6.1M	5.6M
Net Working Capital	(341.6K)	620.4K	35.1K	(340.9K)	(306.8K)	(291.4K)
Capital Stock	26.9M	29.4M	30.2M	30.4M	35.0M	31.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Bitterroot Stock Analysis

When running Bitterroot Resources' price analysis, check to measure Bitterroot 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 Bitterroot Resources is operating at the current time. Most of Bitterroot Resources' value examination focuses on studying past and present price action to predict the probability of Bitterroot Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitterroot Resources' price. Additionally, you may evaluate how the addition of Bitterroot Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC