Bravada Roic vs Current Ratio 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 Roic and its Current Ratio 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.

Roic vs Current Ratio

Roic vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bravada Gold Roic account and Current Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Bravada Gold's Roic and Current Ratio is -0.09. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Current Ratio 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 Roic and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Bravada Gold are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Roic i.e., Bravada Gold's Roic and Current Ratio go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

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. Issuance Of Capital Stock is likely to climb to about 694.4 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (7.94).

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	Non Current Liabilities Total	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
Total Assets		-0.63	-0.09	0.99	-0.31	0.69	0.18	0.99	0.31	0.5	-0.36	0.5	0.46	-0.64	0.28	-0.17	0.56	-0.53	-0.66	-0.32	-0.32	-0.42	0.27	-0.31	-0.39	-0.25
Total Current Liabilities	-0.63		0.23	-0.61	0.53	-0.08	-0.35	-0.6	-0.36	-0.43	-0.13	-0.27	0.02	1.0	-0.37	0.62	-0.54	0.73	0.76	-0.08	-0.08	-0.19	0.27	-0.09	-0.17	-0.07
Total Stockholder Equity	-0.09	0.23		-0.02	0.37	-0.02	-0.42	-0.01	-0.58	-0.5	0.18	-0.84	-0.33	0.23	-0.56	0.45	-0.88	0.1	0.12	0.15	0.15	0.18	-0.15	0.15	0.17	0.11
Property Plant And Equipment Net	0.99	-0.61	-0.02		-0.19	0.71	0.05	1.0	0.18	0.46	-0.36	0.44	0.47	-0.62	0.15	-0.12	0.49	-0.53	-0.65	-0.36	-0.36	-0.44	0.3	-0.34	-0.41	-0.25
Net Debt	-0.31	0.53	0.37	-0.19		0.15	-0.9	-0.18	-0.87	-0.27	-0.14	-0.29	0.16	0.54	-0.89	0.52	-0.47	0.45	0.39	-0.3	-0.3	-0.3	0.34	-0.3	-0.28	-0.1
Retained Earnings	0.69	-0.08	-0.02	0.71	0.15		-0.22	0.72	0.04	0.46	-0.89	0.47	0.76	-0.11	-0.1	0.36	0.3	-0.09	-0.19	-0.75	-0.75	-0.9	0.8	-0.76	-0.87	-0.77
Cash	0.18	-0.35	-0.42	0.05	-0.9	-0.22		0.04	0.93	0.2	0.14	0.27	-0.21	-0.36	0.97	-0.45	0.45	-0.08	-0.24	0.32	0.32	0.29	-0.35	0.32	0.26	0.12
Non Current Assets Total	0.99	-0.6	-0.01	1.0	-0.18	0.72	0.04		0.17	0.46	-0.37	0.44	0.48	-0.6	0.13	-0.1	0.48	-0.53	-0.64	-0.37	-0.37	-0.45	0.31	-0.36	-0.42	-0.26
Cash And Short Term Investments	0.31	-0.36	-0.58	0.18	-0.87	0.04	0.93	0.17		0.39	-0.16	0.52	0.04	-0.38	0.96	-0.41	0.63	-0.08	-0.24	0.11	0.11	0.0	-0.09	0.11	0.0	-0.13
Net Receivables	0.5	-0.43	-0.5	0.46	-0.27	0.46	0.2	0.46	0.39		-0.44	0.71	0.69	-0.44	0.33	-0.09	0.65	-0.3	-0.22	-0.31	-0.31	-0.36	0.45	-0.31	-0.4	-0.4
Common Stock Shares Outstanding	-0.36	-0.13	0.18	-0.36	-0.14	-0.89	0.14	-0.37	-0.16	-0.44		-0.49	-0.72	-0.09	0.02	-0.4	-0.27	-0.19	-0.07	0.77	0.77	0.93	-0.86	0.78	0.92	0.93
Short Term Investments	0.5	-0.27	-0.84	0.44	-0.29	0.47	0.27	0.44	0.52	0.71	-0.49		0.68	-0.28	0.45	-0.23	0.92	-0.21	-0.22	-0.45	-0.45	-0.53	0.5	-0.44	-0.51	-0.31
Other Stockholder Equity	0.46	0.02	-0.33	0.47	0.16	0.76	-0.21	0.48	0.04	0.69	-0.72	0.68		0.0	-0.05	0.27	0.46	-0.13	-0.1	-0.75	-0.75	-0.77	0.8	-0.75	-0.82	-0.52
Total Liab	-0.64	1.0	0.23	-0.62	0.54	-0.11	-0.36	-0.6	-0.38	-0.44	-0.09	-0.28	0.0		-0.38	0.61	-0.55	0.72	0.76	-0.05	-0.05	-0.16	0.24	-0.06	-0.13	-0.03
Total Current Assets	0.28	-0.37	-0.56	0.15	-0.89	-0.1	0.97	0.13	0.96	0.33	0.02	0.45	-0.05	-0.38		-0.46	0.6	-0.13	-0.3	0.2	0.2	0.15	-0.22	0.21	0.12	0.02
Non Currrent Assets Other	-0.17	0.62	0.45	-0.12	0.52	0.36	-0.45	-0.1	-0.41	-0.09	-0.4	-0.23	0.27	0.61	-0.46		-0.49	0.43	0.61	-0.45	-0.45	-0.32	0.61	-0.46	-0.42	-0.37
Non Current Liabilities Total	0.56	-0.54	-0.88	0.49	-0.47	0.3	0.45	0.48	0.63	0.65	-0.27	0.92	0.46	-0.55	0.6	-0.49		-0.38	-0.45	-0.24	-0.24	-0.3	0.2	-0.24	-0.28	-0.17
Other Current Liab	-0.53	0.73	0.1	-0.53	0.45	-0.09	-0.08	-0.53	-0.08	-0.3	-0.19	-0.21	-0.13	0.72	-0.13	0.43	-0.38		0.64	-0.03	-0.03	-0.18	0.17	-0.04	-0.16	-0.2
Accounts Payable	-0.66	0.76	0.12	-0.65	0.39	-0.19	-0.24	-0.64	-0.24	-0.22	-0.07	-0.22	-0.1	0.76	-0.3	0.61	-0.45	0.64		0.0	0.0	0.0	0.26	-0.03	-0.01	-0.07
Short Long Term Debt Total	-0.32	-0.08	0.15	-0.36	-0.3	-0.75	0.32	-0.37	0.11	-0.31	0.77	-0.45	-0.75	-0.05	0.2	-0.45	-0.24	-0.03	0.0		1.0	0.76	-0.85	1.0	0.91	0.65
Short Term Debt	-0.32	-0.08	0.15	-0.36	-0.3	-0.75	0.32	-0.37	0.11	-0.31	0.77	-0.45	-0.75	-0.05	0.2	-0.45	-0.24	-0.03	0.0	1.0		0.76	-0.85	1.0	0.91	0.65
Net Tangible Assets	-0.42	-0.19	0.18	-0.44	-0.3	-0.9	0.29	-0.45	0.0	-0.36	0.93	-0.53	-0.77	-0.16	0.15	-0.32	-0.3	-0.18	0.0	0.76	0.76		-0.85	0.77	0.93	0.79
Other Assets	0.27	0.27	-0.15	0.3	0.34	0.8	-0.35	0.31	-0.09	0.45	-0.86	0.5	0.8	0.24	-0.22	0.61	0.2	0.17	0.26	-0.85	-0.85	-0.85		-0.86	-0.91	-0.73
Short Long Term Debt	-0.31	-0.09	0.15	-0.34	-0.3	-0.76	0.32	-0.36	0.11	-0.31	0.78	-0.44	-0.75	-0.06	0.21	-0.46	-0.24	-0.04	-0.03	1.0	1.0	0.77	-0.86		0.91	0.67
Common Stock	-0.39	-0.17	0.17	-0.41	-0.28	-0.87	0.26	-0.42	0.0	-0.4	0.92	-0.51	-0.82	-0.13	0.12	-0.42	-0.28	-0.16	-0.01	0.91	0.91	0.93	-0.91	0.91		0.8
Property Plant Equipment	-0.25	-0.07	0.11	-0.25	-0.1	-0.77	0.12	-0.26	-0.13	-0.4	0.93	-0.31	-0.52	-0.03	0.02	-0.37	-0.17	-0.2	-0.07	0.65	0.65	0.79	-0.73	0.67	0.8

Click cells to compare fundamentals

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	692.2K	657.6K
Total Current Liabilities	1.1M	650.3K	792.5K	761.5K	848.6K	854.2K
Total Stockholder Equity	63.3K	(254.8K)	561.5K	(313.6K)	(256.8K)	(244.0K)
Net Debt	(712.0K)	(119.8K)	(997.1K)	(7.5K)	(8.7K)	(9.1K)
Retained Earnings	(23.9M)	(25.2M)	(26.2M)	(27.0M)	(27.4M)	(28.8M)
Cash	712.0K	119.8K	997.1K	7.5K	201.7K	286.4K
Non Current Assets Total	194.0K	251.0K	315.1K	408.8K	452.1K	429.5K
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	148.1M	155.5M
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	949.0K	880.5K
Total Current Assets	957.3K	144.5K	1.0M	39.2K	240.1K	356.3K
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	141.6K	126.8K
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	393.3K	328.4K
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)	(256.8K)	(269.7K)
Net Working Capital	(130.8K)	(505.8K)	246.4K	(722.3K)	(608.4K)	(638.9K)
Capital Stock	18.7M	19.7M	21.7M	21.7M	22.3M	21.8M

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 Bravada Stock Analysis

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