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 Retained Earnings and its Property Plant Equipment 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.
Retained Earnings vs Property Plant Equipment
Retained Earnings vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boardwalktech Software Retained Earnings account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Boardwalktech Software's Retained Earnings and Property Plant Equipment is -0.63. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment 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 Retained Earnings and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Boardwalktech Software Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Retained Earnings i.e., Boardwalktech Software's Retained Earnings and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Property Plant Equipment
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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