Bravada Average Payables vs Net Income Per Share Analysis

BVA Stock

CAD 0.02 0.01 33.33%

Bravada Gold financial indicator trend analysis is way more than just evaluating Bravada Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bravada Gold is a good investment. Please check the relationship between Bravada Gold Average Payables and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bravada Gold. 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.

Average Payables vs Net Income Per Share

Average Payables vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bravada Gold Average Payables account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between Bravada Gold's Average Payables and Net Income Per Share is 0.61. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Bravada Gold, assuming nothing else is changed. The correlation between historical values of Bravada Gold's Average Payables and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Bravada Gold are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Average Payables i.e., Bravada Gold's Average Payables and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Net Income Per Share

Most indicators from Bravada Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bravada Gold 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 Bravada Gold. 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, Bravada Gold's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 23.3 K in 2024.

Bravada Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Short Long Term Debt Total	Short Term Debt	Net Tangible Assets	Other Assets	Short Long Term Debt	Common Stock	Property Plant Equipment	Other Current Assets
Total Assets		-0.63	-0.1	0.99	-0.32	0.73	0.22	0.99	0.32	0.5	-0.39	0.5	0.47	-0.61	0.31	-0.15	-0.52	-0.71	-0.33	-0.33	-0.43	0.29	-0.32	-0.41	-0.28	-0.34
Total Current Liabilities	-0.63		0.23	-0.61	0.53	-0.11	-0.33	-0.6	-0.36	-0.43	-0.12	-0.27	0.01	0.99	-0.35	0.61	0.73	0.75	-0.07	-0.07	-0.18	0.26	-0.08	-0.16	-0.06	-0.18
Total Stockholder Equity	-0.1	0.23		-0.02	0.37	0.0	-0.42	-0.01	-0.58	-0.5	0.18	-0.84	-0.33	0.22	-0.54	0.44	0.1	0.13	0.15	0.15	0.18	-0.15	0.15	0.17	0.11	0.15
Property Plant And Equipment Net	0.99	-0.61	-0.02		-0.19	0.76	0.08	1.0	0.18	0.46	-0.37	0.44	0.47	-0.6	0.17	-0.11	-0.53	-0.69	-0.36	-0.36	-0.44	0.3	-0.35	-0.41	-0.26	-0.36
Net Debt	-0.32	0.53	0.37	-0.19		0.2	-0.89	-0.18	-0.87	-0.27	-0.14	-0.29	0.16	0.52	-0.88	0.51	0.45	0.42	-0.3	-0.3	-0.3	0.34	-0.3	-0.28	-0.1	-0.27
Retained Earnings	0.73	-0.11	0.0	0.76	0.2		-0.16	0.77	-0.03	0.45	-0.81	0.48	0.78	-0.09	-0.05	0.38	-0.14	-0.34	-0.76	-0.76	-0.86	0.79	-0.76	-0.84	-0.68	-0.67
Cash	0.22	-0.33	-0.42	0.08	-0.89	-0.16		0.07	0.97	0.24	-0.04	0.3	-0.15	-0.31	0.97	-0.38	-0.04	-0.29	0.24	0.24	0.14	-0.23	0.24	0.14	-0.06	0.28
Non Current Assets Total	0.99	-0.6	-0.01	1.0	-0.18	0.77	0.07		0.17	0.46	-0.38	0.44	0.48	-0.58	0.16	-0.09	-0.53	-0.68	-0.37	-0.37	-0.46	0.32	-0.36	-0.43	-0.27	-0.37
Cash And Short Term Investments	0.32	-0.36	-0.58	0.18	-0.87	-0.03	0.97	0.17		0.39	-0.16	0.52	0.04	-0.34	0.99	-0.39	-0.08	-0.33	0.11	0.11	0.0	-0.09	0.11	0.0	-0.13	0.14
Net Receivables	0.5	-0.43	-0.5	0.46	-0.27	0.45	0.24	0.46	0.39		-0.44	0.71	0.69	-0.41	0.37	-0.08	-0.3	-0.28	-0.31	-0.31	-0.36	0.45	-0.31	-0.4	-0.4	-0.51
Common Stock Shares Outstanding	-0.39	-0.12	0.18	-0.37	-0.14	-0.81	-0.04	-0.38	-0.16	-0.44		-0.49	-0.72	-0.16	-0.14	-0.42	-0.19	0.14	0.77	0.77	0.93	-0.85	0.78	0.91	0.93	0.65
Short Term Investments	0.5	-0.27	-0.84	0.44	-0.29	0.48	0.3	0.44	0.52	0.71	-0.49		0.68	-0.26	0.48	-0.22	-0.21	-0.28	-0.45	-0.45	-0.53	0.5	-0.44	-0.51	-0.31	-0.46
Other Stockholder Equity	0.47	0.01	-0.33	0.47	0.16	0.78	-0.15	0.48	0.04	0.69	-0.72	0.68		0.04	0.01	0.29	-0.13	-0.17	-0.75	-0.75	-0.77	0.8	-0.75	-0.82	-0.52	-0.76
Total Liab	-0.61	0.99	0.22	-0.6	0.52	-0.09	-0.31	-0.58	-0.34	-0.41	-0.16	-0.26	0.04		-0.32	0.62	0.74	0.73	-0.13	-0.13	-0.21	0.3	-0.14	-0.22	-0.1	-0.2
Total Current Assets	0.31	-0.35	-0.54	0.17	-0.88	-0.05	0.97	0.16	0.99	0.37	-0.14	0.48	0.01	-0.32		-0.39	-0.09	-0.34	0.14	0.14	0.02	-0.13	0.14	0.02	-0.14	0.15
Non Currrent Assets Other	-0.15	0.61	0.44	-0.11	0.51	0.38	-0.38	-0.09	-0.39	-0.08	-0.42	-0.22	0.29	0.62	-0.39		0.44	0.55	-0.48	-0.48	-0.35	0.63	-0.49	-0.46	-0.4	-0.29
Other Current Liab	-0.52	0.73	0.1	-0.53	0.45	-0.14	-0.04	-0.53	-0.08	-0.3	-0.19	-0.21	-0.13	0.74	-0.09	0.44		0.59	-0.03	-0.03	-0.18	0.17	-0.04	-0.16	-0.2	0.06
Accounts Payable	-0.71	0.75	0.13	-0.69	0.42	-0.34	-0.29	-0.68	-0.33	-0.28	0.14	-0.28	-0.17	0.73	-0.34	0.55	0.59		0.06	0.06	0.17	0.15	0.04	0.11	0.14	0.08
Short Long Term Debt Total	-0.33	-0.07	0.15	-0.36	-0.3	-0.76	0.24	-0.37	0.11	-0.31	0.77	-0.45	-0.75	-0.13	0.14	-0.48	-0.03	0.06		1.0	0.76	-0.85	1.0	0.91	0.65	0.5
Short Term Debt	-0.33	-0.07	0.15	-0.36	-0.3	-0.76	0.24	-0.37	0.11	-0.31	0.77	-0.45	-0.75	-0.13	0.14	-0.48	-0.03	0.06	1.0		0.76	-0.85	1.0	0.91	0.65	0.5
Net Tangible Assets	-0.43	-0.18	0.18	-0.44	-0.3	-0.86	0.14	-0.46	0.0	-0.36	0.93	-0.53	-0.77	-0.21	0.02	-0.35	-0.18	0.17	0.76	0.76		-0.85	0.77	0.93	0.79	0.76
Other Assets	0.29	0.26	-0.15	0.3	0.34	0.79	-0.23	0.32	-0.09	0.45	-0.85	0.5	0.8	0.3	-0.13	0.63	0.17	0.15	-0.85	-0.85	-0.85		-0.86	-0.91	-0.73	-0.76
Short Long Term Debt	-0.32	-0.08	0.15	-0.35	-0.3	-0.76	0.24	-0.36	0.11	-0.31	0.78	-0.44	-0.75	-0.14	0.14	-0.49	-0.04	0.04	1.0	1.0	0.77	-0.86		0.91	0.67	0.5
Common Stock	-0.41	-0.16	0.17	-0.41	-0.28	-0.84	0.14	-0.43	0.0	-0.4	0.91	-0.51	-0.82	-0.22	0.02	-0.46	-0.16	0.11	0.91	0.91	0.93	-0.91	0.91		0.8	0.72
Property Plant Equipment	-0.28	-0.06	0.11	-0.26	-0.1	-0.68	-0.06	-0.27	-0.13	-0.4	0.93	-0.31	-0.52	-0.1	-0.14	-0.4	-0.2	0.14	0.65	0.65	0.79	-0.73	0.67	0.8		0.56
Other Current Assets	-0.34	-0.18	0.15	-0.36	-0.27	-0.67	0.28	-0.37	0.14	-0.51	0.65	-0.46	-0.76	-0.2	0.15	-0.29	0.06	0.08	0.5	0.5	0.76	-0.76	0.5	0.72	0.56

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Bravada Gold Account Relationship Matchups

Bravada Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2M	395.5K	1.4M	447.9K	403.1K	383.0K
Total Current Liabilities	1.1M	650.3K	792.5K	761.5K	875.7K	849.2K
Total Stockholder Equity	63.3K	(254.8K)	561.5K	(313.6K)	(282.2K)	(268.1K)
Net Debt	(712.0K)	(119.8K)	(997.1K)	(7.5K)	(8.7K)	(9.1K)
Retained Earnings	(23.9M)	(25.2M)	(26.2M)	(27.0M)	(24.3M)	(25.5M)
Cash	712.0K	119.8K	997.1K	7.5K	6.8K	6.4K
Non Current Assets Total	194.0K	251.0K	315.1K	408.8K	367.9K	349.5K
Cash And Short Term Investments	712.0K	119.8K	997.1K	7.5K	6.8K	6.4K
Net Receivables	4.5K	3.7K	3.8K	3.6K	3.2K	3.1K
Common Stock Shares Outstanding	69.7M	88.3M	105.7M	131.3M	151.0M	158.5M
Other Stockholder Equity	5.3M	5.3M	5.3M	5.1M	4.6M	7.2M
Total Liab	1.1M	650.3K	792.5K	761.5K	685.3K	888.1K
Total Current Assets	957.3K	144.5K	1.0M	39.2K	35.2K	33.5K
Accumulated Other Comprehensive Income	5.3M	5.3M	5.1M	5.0M	5.7M	4.5M
Non Currrent Assets Other	130.7K	1.0	131.3K	135.0K	121.5K	127.7K
Liabilities And Stockholders Equity	1.2M	395.5K	1.4M	447.9K	403.1K	383.0K
Other Current Liab	527.3K	347.1K	387.8K	358.5K	322.7K	430.1K
Accounts Payable	344.5K	303.2K	404.7K	403.0K	463.4K	453.1K
Net Tangible Assets	(294.7K)	63.3K	(254.8K)	561.5K	645.7K	678.0K
Other Assets	174.0K	130.7K	126.6K	131.3K	118.2K	145.2K
Common Stock	18.7M	19.7M	21.7M	21.7M	25.0M	18.8M
Other Current Assets	24.5K	20.9K	38.0K	28.1K	32.3K	29.0K
Net Invested Capital	63.3K	(254.8K)	561.5K	(313.6K)	(360.6K)	(342.6K)
Net Working Capital	(130.8K)	(505.8K)	246.4K	(722.3K)	(830.7K)	(789.1K)
Capital Stock	18.7M	19.7M	21.7M	21.7M	25.0M	21.3M

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