Belpointe Property Plant And Equipment Net vs Other Current Assets Analysis
OZ Stock | USD 70.32 1.32 1.91% |
Belpointe PREP financial indicator trend analysis is way more than just evaluating Belpointe PREP LLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belpointe PREP LLC is a good investment. Please check the relationship between Belpointe PREP Property Plant And Equipment Net and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Belpointe PREP LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Property Plant And Equipment Net vs Other Current Assets
Property Plant And Equipment Net vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belpointe PREP LLC Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Belpointe PREP's Property Plant And Equipment Net and Other Current Assets is -0.45. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Belpointe PREP LLC, assuming nothing else is changed. The correlation between historical values of Belpointe PREP's Property Plant And Equipment Net and Other Current 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 Property Plant And Equipment Net of Belpointe PREP LLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Belpointe PREP's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Belpointe PREP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belpointe PREP LLC 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Belpointe PREP LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Enterprise Value is likely to rise to about 264 M in 2024, whereas Selling General Administrative is likely to drop slightly above 4.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.7M | 10.9M | 2.1M | 2.0M | Interest Income | 369K | 1.9M | 443K | 734.5K |
Belpointe PREP fundamental ratios Correlations
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Belpointe PREP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Belpointe PREP's price analysis, check to measure Belpointe PREP's 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 Belpointe PREP is operating at the current time. Most of Belpointe PREP's value examination focuses on studying past and present price action to predict the probability of Belpointe PREP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belpointe PREP's price. Additionally, you may evaluate how the addition of Belpointe PREP to your portfolios can decrease your overall portfolio volatility.