Bitterroot Research Development vs Ebitda 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 Ebitda 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 Ebitda
Research Development vs Ebitda 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 Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bitterroot Resources' Research Development and Ebitda is -0.09. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Ebitda 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 Ebitda 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 Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Research Development i.e., Bitterroot Resources' Research Development and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Research Development
Ebitda
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
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Bitterroot Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.