Nuburu Retained Earnings vs Cash And Short Term Investments Analysis

BURU Stock   0.43  0.05  10.42%   
Nuburu financial indicator trend analysis is infinitely more than just investigating Nuburu Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuburu Inc is a good investment. Please check the relationship between Nuburu Retained Earnings and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuburu Inc Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nuburu's Retained Earnings and Cash And Short Term Investments is 0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Nuburu Inc, assuming nothing else is changed. The correlation between historical values of Nuburu's Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Nuburu Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Nuburu's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Nuburu Inc balance sheet. This account contains Nuburu investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Nuburu Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Nuburu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuburu Inc 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 Nuburu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Sales General And Administrative To Revenue is likely to gain to 6.74 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.6 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization546.9K450.5K505.9K396.4K
Interest Income1.2K44.0K1.6M1.7M

Nuburu fundamental ratios Correlations

-0.42-0.510.810.950.75-0.59-0.26-0.780.87-0.830.78-0.6-0.710.820.78-0.810.7-0.83-0.4-0.34-0.6-0.620.87-0.630.94
-0.420.99-0.85-0.68-0.910.650.360.89-0.770.76-0.890.650.92-0.47-0.890.82-0.10.560.770.27-0.130.94-0.80.31-0.54
-0.510.99-0.87-0.73-0.940.620.460.91-0.80.84-0.930.620.93-0.48-0.930.87-0.10.570.720.390.00.94-0.830.3-0.6
0.81-0.85-0.870.950.98-0.82-0.22-0.990.99-0.880.96-0.82-0.990.820.96-0.940.55-0.89-0.78-0.21-0.14-0.940.99-0.630.87
0.95-0.68-0.730.950.92-0.72-0.26-0.940.98-0.90.91-0.72-0.90.880.91-0.910.64-0.9-0.61-0.29-0.38-0.810.98-0.620.93
0.75-0.91-0.940.980.92-0.73-0.37-0.990.95-0.920.98-0.73-0.990.730.98-0.940.39-0.78-0.73-0.34-0.16-0.950.97-0.490.8
-0.590.650.62-0.82-0.72-0.73-0.270.78-0.820.57-0.721.00.8-0.74-0.720.76-0.750.90.96-0.27-0.190.83-0.810.9-0.78
-0.260.360.46-0.22-0.26-0.37-0.270.28-0.160.61-0.45-0.270.230.19-0.450.40.49-0.18-0.220.990.650.28-0.22-0.37-0.17
-0.780.890.91-0.99-0.94-0.990.780.28-0.970.89-0.970.780.99-0.78-0.970.94-0.470.840.770.260.130.95-0.980.55-0.82
0.87-0.77-0.80.990.980.95-0.82-0.16-0.97-0.860.93-0.82-0.960.890.93-0.920.65-0.93-0.75-0.17-0.19-0.891.0-0.670.9
-0.830.760.84-0.88-0.9-0.920.570.610.89-0.86-0.970.570.85-0.57-0.970.96-0.310.660.520.620.510.86-0.90.44-0.86
0.78-0.89-0.930.960.910.98-0.72-0.45-0.970.93-0.97-0.72-0.950.651.0-0.990.37-0.75-0.71-0.44-0.28-0.960.95-0.520.85
-0.60.650.62-0.82-0.72-0.731.0-0.270.78-0.820.57-0.720.8-0.74-0.720.76-0.750.90.96-0.27-0.190.83-0.810.9-0.78
-0.710.920.93-0.99-0.9-0.990.80.230.99-0.960.85-0.950.8-0.77-0.950.91-0.450.830.810.190.030.95-0.960.54-0.78
0.82-0.47-0.480.820.880.73-0.740.19-0.780.89-0.570.65-0.74-0.770.65-0.640.83-0.95-0.590.15-0.09-0.60.85-0.660.78
0.78-0.89-0.930.960.910.98-0.72-0.45-0.970.93-0.971.0-0.72-0.950.65-0.990.37-0.75-0.71-0.44-0.28-0.960.95-0.520.85
-0.810.820.87-0.94-0.91-0.940.760.40.94-0.920.96-0.990.760.91-0.64-0.99-0.450.780.730.410.320.95-0.950.63-0.91
0.7-0.1-0.10.550.640.39-0.750.49-0.470.65-0.310.37-0.75-0.450.830.37-0.45-0.87-0.540.4-0.09-0.370.61-0.890.74
-0.830.560.57-0.89-0.9-0.780.9-0.180.84-0.930.66-0.750.90.83-0.95-0.750.78-0.870.77-0.150.070.75-0.910.84-0.89
-0.40.770.72-0.78-0.61-0.730.96-0.220.77-0.750.52-0.710.960.81-0.59-0.710.73-0.540.77-0.27-0.380.87-0.750.76-0.63
-0.340.270.39-0.21-0.29-0.34-0.270.990.26-0.170.62-0.44-0.270.190.15-0.440.410.4-0.15-0.270.770.23-0.23-0.3-0.24
-0.6-0.130.0-0.14-0.38-0.16-0.190.650.13-0.190.51-0.28-0.190.03-0.09-0.280.32-0.090.07-0.380.770.01-0.220.03-0.45
-0.620.940.94-0.94-0.81-0.950.830.280.95-0.890.86-0.960.830.95-0.6-0.960.95-0.370.750.870.230.01-0.910.59-0.77
0.87-0.8-0.830.990.980.97-0.81-0.22-0.981.0-0.90.95-0.81-0.960.850.95-0.950.61-0.91-0.75-0.23-0.22-0.91-0.660.91
-0.630.310.3-0.63-0.62-0.490.9-0.370.55-0.670.44-0.520.90.54-0.66-0.520.63-0.890.840.76-0.30.030.59-0.66-0.81
0.94-0.54-0.60.870.930.8-0.78-0.17-0.820.9-0.860.85-0.78-0.780.780.85-0.910.74-0.89-0.63-0.24-0.45-0.770.91-0.81
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Nuburu Account Relationship Matchups

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