Black Short Term Investments vs Accounts Payable Analysis
BWR Stock | CAD 0.01 0.01 33.33% |
Black Widow financial indicator trend analysis is way more than just evaluating Black Widow Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Widow Resources is a good investment. Please check the relationship between Black Widow Short Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Widow Resources. 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 Accounts Payable
Short Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Widow Resources Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Black Widow's Short Term Investments and Accounts Payable is -0.62. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Black Widow Resources, assuming nothing else is changed. The correlation between historical values of Black Widow's Short Term Investments and Accounts Payable 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 Black Widow Resources are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Term Investments i.e., Black Widow's Short Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Black Widow balance sheet. It contains any investments Black Widow Resources undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Black Widow Resources can easily liquidate in the marketplace.Accounts Payable
An accounting item on the balance sheet that represents Black Widow 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 Black Widow Resources 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.Most indicators from Black Widow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Widow Resources 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 Black Widow Resources. 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. Selling General Administrative is likely to climb to about 343.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 113.3 K in 2024.
Black Widow fundamental ratios Correlations
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Black Widow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Widow fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 343.8K | 302.7K | 119.6K | 85.2K | 98.0K | 156.8K | |
Total Current Liabilities | 445.3K | 630.0K | 830.2K | 981.4K | 1.1M | 1.2M | |
Total Stockholder Equity | (101.6K) | (327.4K) | (710.6K) | (896.1K) | (806.5K) | (766.2K) | |
Net Tangible Assets | (173.8K) | (101.6K) | (327.4K) | (710.6K) | (639.6K) | (607.6K) | |
Retained Earnings | (4.3M) | (5.1M) | (5.4M) | (5.7M) | (5.1M) | (5.3M) | |
Accounts Payable | 20.5K | 23.6K | 35.7K | 92.8K | 106.7K | 112.0K | |
Cash | 336.1K | 292.4K | 109.2K | 64.9K | 74.6K | 128.6K | |
Net Receivables | 9.2K | 7.7K | 10.3K | 10.4K | 12.0K | 7.9K | |
Other Stockholder Equity | 204.0K | 185.2K | 279.6K | 219.0K | 197.1K | 267.4K | |
Total Liab | 445.3K | 630.0K | 830.2K | 981.4K | 1.1M | 1.2M | |
Total Current Assets | 343.8K | 302.7K | 119.6K | 85.2K | 98.0K | 156.8K | |
Common Stock | 2.8M | 3.2M | 3.7M | 4.1M | 4.7M | 3.0M | |
Common Stock Shares Outstanding | 73.5M | 89.5M | 101.4M | 106.0M | 121.9M | 93.0M | |
Net Invested Capital | (101.6K) | (327.4K) | (710.6K) | (791.6K) | (712.5K) | (676.9K) | |
Net Working Capital | (101.6K) | (327.4K) | (710.6K) | (896.1K) | (806.5K) | (766.2K) | |
Capital Stock | 3.2M | 3.7M | 4.1M | 4.1M | 4.8M | 4.0M |
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