Big Net Receivables vs Retained Earnings Analysis
DSY Stock | 2.30 0.17 6.88% |
Big Tree financial indicator trend analysis is way more than just evaluating Big Tree Cloud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Tree Cloud is a good investment. Please check the relationship between Big Tree Net Receivables and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Receivables vs Retained Earnings
Net Receivables vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Tree Cloud Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Big Tree's Net Receivables and Retained Earnings is -0.56. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Big Tree Cloud, assuming nothing else is changed. The correlation between historical values of Big Tree's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Big Tree Cloud are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Big Tree's Net Receivables and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Receivables
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.Most indicators from Big Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Tree Cloud 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Big Tree's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 208.71 in 2024, whereas Tax Provision is likely to drop (54 K) in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 56.8K | 798.9K | 1.1M | 729.0K | Interest Income | 4.5K | 9.3K | 206.6K | 216.9K |
Big Tree fundamental ratios Correlations
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Big Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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