BWAY Stock | | | USD 10.00 0.16 1.63% |
Brainsway financial indicator trend analysis is way more than just evaluating Brainsway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainsway is a good investment. Please check the relationship between Brainsway Total Current Liabilities and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
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Total Current Liabilities vs Short Long Term Debt Total
Total Current Liabilities vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainsway Total Current Liabilities account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brainsway's Total Current Liabilities and Short Long Term Debt Total is -0.05. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Brainsway, assuming nothing else is changed. The correlation between historical values of Brainsway's Total Current Liabilities and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Brainsway are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., Brainsway's Total Current Liabilities and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Brainsway balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brainsway are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Short Long Term Debt Total
Most indicators from Brainsway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainsway 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 Brainsway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Brainsway Stock please use our
How to Invest in Brainsway guide.
Selling General Administrative is likely to rise to about 9
M in 2024, whereas
Tax Provision is likely to drop slightly above 275.8
K in 2024.
Brainsway fundamental ratios Correlations
Click cells to compare fundamentals
Brainsway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brainsway fundamental ratios Accounts
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Additional Tools for Brainsway Stock Analysis
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measure Brainsway'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 Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to
predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.