BWXT Stock | | | USD 130.85 0.40 0.31% |
BWX Technologies financial indicator trend analysis is way more than just evaluating BWX Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BWX Technologies is a good investment. Please check the relationship between BWX Technologies Total Assets and its Accumulated Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BWX Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy BWX Stock please use our
How to Invest in BWX Technologies guide.
Total Assets vs Accumulated Depreciation
Total Assets vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BWX Technologies Total Assets account and
Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BWX Technologies' Total Assets and Accumulated Depreciation is -0.19. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of BWX Technologies, assuming nothing else is changed. The correlation between historical values of BWX Technologies' Total Assets and Accumulated Depreciation 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 Assets of BWX Technologies are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Total Assets i.e., BWX Technologies' Total Assets and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of BWX Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BWX Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for BWX Technologies fixed asset that has been charged to BWX Technologies expense since that asset was acquired and made available for BWX Technologies use. The accumulated depreciation account is BWX Technologies asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by BWX Technologies.
Most indicators from BWX Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BWX Technologies 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 BWX Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy BWX Stock please use our
How to Invest in BWX Technologies guide.
Enterprise Value is likely to gain to about 8.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 241.5
M in 2024.
BWX Technologies fundamental ratios Correlations
Click cells to compare fundamentals
BWX Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BWX Technologies fundamental ratios Accounts
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Additional Tools for BWX Stock Analysis
When running BWX Technologies' price analysis, check to
measure BWX Technologies' 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 BWX Technologies is operating at the current time. Most of BWX Technologies' value examination focuses on studying past and present price action to
predict the probability of BWX Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BWX Technologies' price. Additionally, you may evaluate how the addition of BWX Technologies to your portfolios can decrease your overall portfolio volatility.