BTU Stock | | | USD 27.41 0.73 2.59% |
Peabody Energy financial indicator trend analysis is much more than just breaking down Peabody Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peabody Energy Corp is a good investment. Please check the relationship between Peabody Energy Other Current Liab and its Property Plant And Equipment Gross accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Peabody Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Peabody Energy Corp Other Current Liab account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Peabody Energy's Other Current Liab and Property Plant And Equipment Gross is -0.75. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Peabody Energy Corp, assuming nothing else is changed. The correlation between historical values of Peabody Energy's Other Current Liab and Property Plant And Equipment Gross 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 Current Liab of Peabody Energy Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Liab i.e., Peabody Energy's Other Current Liab and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Most indicators from Peabody Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peabody Energy Corp 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 Peabody Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Peabody Energy's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 2.1
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop 1.91 in 2024.
When running Peabody Energy's price analysis, check to
measure Peabody Energy'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 Peabody Energy is operating at the current time. Most of Peabody Energy's value examination focuses on studying past and present price action to
predict the probability of Peabody Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peabody Energy's price. Additionally, you may evaluate how the addition of Peabody Energy to your portfolios can decrease your overall portfolio volatility.