BYG Stock | | | 1,084 20.00 1.88% |
Big Yellow financial indicator trend analysis is way more than just evaluating Big Yellow Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Yellow Group is a good investment. Please check the relationship between Big Yellow Non Current Assets Total and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Yellow 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 bureau of economic analysis.
Non Current Assets Total vs Intangible Assets
Non Current Assets Total vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Big Yellow Group Non Current Assets Total account and
Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Big Yellow's Non Current Assets Total and Intangible Assets is -0.16. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Big Yellow Group, assuming nothing else is changed. The correlation between historical values of Big Yellow's Non Current Assets Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Big Yellow Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., Big Yellow's Non Current Assets Total and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Big Yellow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Yellow Group 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 Big Yellow 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 bureau of economic analysis.
As of November 25, 2024,
Selling General Administrative is expected to decline to about 8.3
M. In addition to that,
Tax Provision is expected to decline to about 1
MBig Yellow fundamental ratios Correlations
Click cells to compare fundamentals
Big Yellow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Big Yellow fundamental ratios Accounts
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Other Information on Investing in Big Stock
Balance Sheet is a snapshot of the
financial position of Big Yellow Group at a specified time, usually calculated after every quarter, six months, or one year. Big Yellow Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Big Yellow and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Big currently owns. An asset can also be divided into two categories, current and non-current.