BWLK Stock | | | CAD 0.14 0.01 6.67% |
Boardwalktech Software financial indicator trend analysis is way more than just evaluating Boardwalktech Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boardwalktech Software is a good investment. Please check the relationship between Boardwalktech Software Other Current Assets and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boardwalktech Software Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Other Current Assets vs Net Invested Capital
Other Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boardwalktech Software Other Current Assets account and
Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Boardwalktech Software's Other Current Assets and Net Invested Capital is -0.28. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Boardwalktech Software Corp, assuming nothing else is changed. The correlation between historical values of Boardwalktech Software's Other Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Boardwalktech Software Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Assets i.e., Boardwalktech Software's Other Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Boardwalktech Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boardwalktech Software 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 Boardwalktech Software Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, Boardwalktech Software's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.64 in 2024, whereas
Tax Provision is likely to drop slightly above 19.3
K in 2024.
Boardwalktech Software fundamental ratios Correlations
Click cells to compare fundamentals
Boardwalktech Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boardwalktech Software fundamental ratios Accounts
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Additional Tools for Boardwalktech Stock Analysis
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measure Boardwalktech Software'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 Boardwalktech Software is operating at the current time. Most of Boardwalktech Software's value examination focuses on studying past and present price action to
predict the probability of Boardwalktech Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boardwalktech Software's price. Additionally, you may evaluate how the addition of Boardwalktech Software to your portfolios can decrease your overall portfolio volatility.