Bath Cash vs Common Stock Analysis
0JSC Stock | 39.42 1.68 4.45% |
Bath Body financial indicator trend analysis is way more than just evaluating Bath Body Works prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bath Body Works is a good investment. Please check the relationship between Bath Body Cash and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bath Body Works. 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.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bath Body Works Cash account and Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bath Body's Cash and Common Stock is 0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bath Body Works, assuming nothing else is changed. The correlation between historical values of Bath Body's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Bath Body Works are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Bath Body's Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Bath Body Works, which is listed under current asset account on Bath Body Works balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bath Body customers. The amounts must be unrestricted with restricted cash listed in a different Bath Body account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock
Most indicators from Bath Body's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bath Body Works 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 Bath Body Works. 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. Tax Provision is likely to gain to about 256.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 564.3 M in 2024.
2014 | 2020 | 2023 | 2024 (projected) | Gross Profit | 4.7B | 3.3B | 3.2B | 3.6B | Total Revenue | 12.9B | 7.6B | 7.4B | 8.4B |
Bath Body fundamental ratios Correlations
Click cells to compare fundamentals
Bath Body Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bath Stock Analysis
When running Bath Body's price analysis, check to measure Bath Body'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 Bath Body is operating at the current time. Most of Bath Body's value examination focuses on studying past and present price action to predict the probability of Bath Body's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bath Body's price. Additionally, you may evaluate how the addition of Bath Body to your portfolios can decrease your overall portfolio volatility.