Bowman Accounts Payable vs Capital Surpluse Analysis
| BWMN Stock | USD 26.67 0.02 0.07% |
Bowman Consulting financial indicator trend analysis is way more than just evaluating Bowman Consulting prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bowman Consulting is a good investment. Please check the relationship between Bowman Consulting Accounts Payable and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowman Consulting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Accounts Payable vs Capital Surpluse
Accounts Payable vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowman Consulting Accounts Payable account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bowman Consulting's Accounts Payable and Capital Surpluse is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Bowman Consulting Group, assuming nothing else is changed. The correlation between historical values of Bowman Consulting's Accounts Payable and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Bowman Consulting Group are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accounts Payable i.e., Bowman Consulting's Accounts Payable and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Bowman Consulting obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bowman Consulting are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Capital Surpluse
Most indicators from Bowman Consulting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bowman Consulting 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 Bowman Consulting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Bowman Consulting's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Multiple is likely to grow to 34.95, though Tax Provision is likely to grow to (2.9 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 918K | 3.2M | 5.3M | 5.6M | Depreciation And Amortization | 6.4M | 12.3M | 18.7M | 19.7M |
Bowman Consulting fundamental ratios Correlations
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Bowman Consulting Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Bowman Consulting
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bowman Consulting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bowman Consulting will appreciate offsetting losses from the drop in the long position's value.Moving against Bowman Stock
The ability to find closely correlated positions to Bowman Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowman Consulting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bowman Consulting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bowman Consulting Group to buy it.
The correlation of Bowman Consulting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bowman Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowman Consulting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bowman Consulting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowman Consulting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bowman Consulting. If investors know Bowman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bowman Consulting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share (0.79) | Revenue Per Share 27.211 | Quarterly Revenue Growth 0.206 | Return On Assets (0.01) |
The market value of Bowman Consulting is measured differently than its book value, which is the value of Bowman that is recorded on the company's balance sheet. Investors also form their own opinion of Bowman Consulting's value that differs from its market value or its book value, called intrinsic value, which is Bowman Consulting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bowman Consulting's market value can be influenced by many factors that don't directly affect Bowman Consulting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bowman Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bowman Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bowman Consulting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.