Bravada Short Term Investments vs Property Plant And Equipment Net 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 Short Term Investments and its Property Plant And Equipment Net 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.

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bravada Gold Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bravada Gold's Short Term Investments and Property Plant And Equipment Net is 0.44. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Net 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 Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Bravada Gold are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Bravada Gold's Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Bravada Gold balance sheet. It contains any investments Bravada Gold undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Bravada Gold can easily liquidate in the marketplace.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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

-0.63-0.090.99-0.310.690.180.990.310.5-0.360.50.46-0.640.28-0.170.56-0.53-0.66-0.32-0.32-0.420.27-0.31-0.39-0.25
-0.630.23-0.610.53-0.08-0.35-0.6-0.36-0.43-0.13-0.270.021.0-0.370.62-0.540.730.76-0.08-0.08-0.190.27-0.09-0.17-0.07
-0.090.23-0.020.37-0.02-0.42-0.01-0.58-0.50.18-0.84-0.330.23-0.560.45-0.880.10.120.150.150.18-0.150.150.170.11
0.99-0.61-0.02-0.190.710.051.00.180.46-0.360.440.47-0.620.15-0.120.49-0.53-0.65-0.36-0.36-0.440.3-0.34-0.41-0.25
-0.310.530.37-0.190.15-0.9-0.18-0.87-0.27-0.14-0.290.160.54-0.890.52-0.470.450.39-0.3-0.3-0.30.34-0.3-0.28-0.1
0.69-0.08-0.020.710.15-0.220.720.040.46-0.890.470.76-0.11-0.10.360.3-0.09-0.19-0.75-0.75-0.90.8-0.76-0.87-0.77
0.18-0.35-0.420.05-0.9-0.220.040.930.20.140.27-0.21-0.360.97-0.450.45-0.08-0.240.320.320.29-0.350.320.260.12
0.99-0.6-0.011.0-0.180.720.040.170.46-0.370.440.48-0.60.13-0.10.48-0.53-0.64-0.37-0.37-0.450.31-0.36-0.42-0.26
0.31-0.36-0.580.18-0.870.040.930.170.39-0.160.520.04-0.380.96-0.410.63-0.08-0.240.110.110.0-0.090.110.0-0.13
0.5-0.43-0.50.46-0.270.460.20.460.39-0.440.710.69-0.440.33-0.090.65-0.3-0.22-0.31-0.31-0.360.45-0.31-0.4-0.4
-0.36-0.130.18-0.36-0.14-0.890.14-0.37-0.16-0.44-0.49-0.72-0.090.02-0.4-0.27-0.19-0.070.770.770.93-0.860.780.920.93
0.5-0.27-0.840.44-0.290.470.270.440.520.71-0.490.68-0.280.45-0.230.92-0.21-0.22-0.45-0.45-0.530.5-0.44-0.51-0.31
0.460.02-0.330.470.160.76-0.210.480.040.69-0.720.680.0-0.050.270.46-0.13-0.1-0.75-0.75-0.770.8-0.75-0.82-0.52
-0.641.00.23-0.620.54-0.11-0.36-0.6-0.38-0.44-0.09-0.280.0-0.380.61-0.550.720.76-0.05-0.05-0.160.24-0.06-0.13-0.03
0.28-0.37-0.560.15-0.89-0.10.970.130.960.330.020.45-0.05-0.38-0.460.6-0.13-0.30.20.20.15-0.220.210.120.02
-0.170.620.45-0.120.520.36-0.45-0.1-0.41-0.09-0.4-0.230.270.61-0.46-0.490.430.61-0.45-0.45-0.320.61-0.46-0.42-0.37
0.56-0.54-0.880.49-0.470.30.450.480.630.65-0.270.920.46-0.550.6-0.49-0.38-0.45-0.24-0.24-0.30.2-0.24-0.28-0.17
-0.530.730.1-0.530.45-0.09-0.08-0.53-0.08-0.3-0.19-0.21-0.130.72-0.130.43-0.380.64-0.03-0.03-0.180.17-0.04-0.16-0.2
-0.660.760.12-0.650.39-0.19-0.24-0.64-0.24-0.22-0.07-0.22-0.10.76-0.30.61-0.450.640.00.00.00.26-0.03-0.01-0.07
-0.32-0.080.15-0.36-0.3-0.750.32-0.370.11-0.310.77-0.45-0.75-0.050.2-0.45-0.24-0.030.01.00.76-0.851.00.910.65
-0.32-0.080.15-0.36-0.3-0.750.32-0.370.11-0.310.77-0.45-0.75-0.050.2-0.45-0.24-0.030.01.00.76-0.851.00.910.65
-0.42-0.190.18-0.44-0.3-0.90.29-0.450.0-0.360.93-0.53-0.77-0.160.15-0.32-0.3-0.180.00.760.76-0.850.770.930.79
0.270.27-0.150.30.340.8-0.350.31-0.090.45-0.860.50.80.24-0.220.610.20.170.26-0.85-0.85-0.85-0.86-0.91-0.73
-0.31-0.090.15-0.34-0.3-0.760.32-0.360.11-0.310.78-0.44-0.75-0.060.21-0.46-0.24-0.04-0.031.01.00.77-0.860.910.67
-0.39-0.170.17-0.41-0.28-0.870.26-0.420.0-0.40.92-0.51-0.82-0.130.12-0.42-0.28-0.16-0.010.910.910.93-0.910.910.8
-0.25-0.070.11-0.25-0.1-0.770.12-0.26-0.13-0.40.93-0.31-0.52-0.030.02-0.37-0.17-0.2-0.070.650.650.79-0.730.670.8
Click cells to compare fundamentals

Bravada Gold Account Relationship Matchups

Bravada Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2M395.5K1.4M447.9K692.2K657.6K
Total Current Liabilities1.1M650.3K792.5K761.5K848.6K854.2K
Total Stockholder Equity63.3K(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)
Cash712.0K119.8K997.1K7.5K201.7K286.4K
Non Current Assets Total194.0K251.0K315.1K408.8K452.1K429.5K
Cash And Short Term Investments712.0K119.8K997.1K7.5K6.8K6.4K
Net Receivables4.5K3.7K3.8K3.6K3.2K3.1K
Common Stock Shares Outstanding69.7M88.3M105.7M131.3M148.1M155.5M
Other Stockholder Equity5.3M5.3M5.3M5.1M4.6M7.2M
Total Liab1.1M650.3K792.5K761.5K949.0K880.5K
Total Current Assets957.3K144.5K1.0M39.2K240.1K356.3K
Accumulated Other Comprehensive Income5.3M5.3M5.1M5.0M5.7M4.5M
Non Currrent Assets Other130.7K1.0131.3K135.0K141.6K126.8K
Liabilities And Stockholders Equity1.2M395.5K1.4M447.9K403.1K383.0K
Other Current Liab527.3K347.1K387.8K358.5K322.7K430.1K
Accounts Payable344.5K303.2K404.7K403.0K393.3K328.4K
Net Tangible Assets(294.7K)63.3K(254.8K)561.5K645.7K678.0K
Other Assets174.0K130.7K126.6K131.3K118.2K145.2K
Common Stock18.7M19.7M21.7M21.7M25.0M18.8M
Other Current Assets24.5K20.9K38.0K28.1K32.3K29.0K
Net Invested Capital63.3K(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 Stock18.7M19.7M21.7M21.7M22.3M21.8M

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.