Bridger Net Debt vs Property Plant And Equipment Net Analysis

BAER Stock   2.57  0.19  7.98%   
Bridger Aerospace financial indicator trend analysis is way more than just evaluating Bridger Aerospace prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridger Aerospace is a good investment. Please check the relationship between Bridger Aerospace Net Debt and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridger Aerospace 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 income.

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridger Aerospace Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bridger Aerospace's Net Debt and Property Plant And Equipment Net is 0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Bridger Aerospace Group, assuming nothing else is changed. The correlation between historical values of Bridger Aerospace's Net Debt and Property Plant And Equipment Net 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 Debt of Bridger Aerospace Group are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Bridger Aerospace's Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.
Most indicators from Bridger Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridger Aerospace 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 Bridger Aerospace 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 income.
As of 12/09/2024, Selling General Administrative is likely to grow to about 86.9 M, though Tax Provision is likely to grow to (286.9 K).
 2021 2022 2023 2024 (projected)
Interest Expense9.3M20.0M23.2M14.9M
Depreciation And Amortization6.7M9.1M11M8.1M

Bridger Aerospace fundamental ratios Correlations

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0.960.290.36-0.450.87-0.980.911.0-0.980.770.980.931.00.910.160.690.671.00.550.620.310.97-0.950.930.84
0.520.290.99-0.150.68-0.320.640.25-0.320.820.450.590.280.34-0.410.220.090.240.40.51-0.770.5-0.330.60.71
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0.920.870.680.73-0.58-0.850.970.84-0.860.970.950.980.860.730.060.710.690.850.440.56-0.10.96-0.80.980.9
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0.951.00.250.32-0.430.84-0.980.89-0.970.750.970.911.00.910.160.670.651.00.560.620.340.96-0.960.910.82
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0.961.00.280.36-0.430.86-0.980.911.0-0.980.770.970.920.920.150.680.651.00.570.640.310.97-0.960.920.84
0.940.910.340.38-0.050.73-0.920.850.91-0.90.710.860.810.92-0.170.410.290.890.820.860.150.88-0.980.830.88
-0.010.16-0.41-0.29-0.770.06-0.180.030.16-0.24-0.050.150.140.15-0.170.720.70.21-0.69-0.650.720.090.00.1-0.15
0.640.690.220.35-0.870.71-0.730.710.67-0.770.640.740.770.680.410.720.870.7-0.15-0.030.410.71-0.580.750.57
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0.660.550.40.370.450.44-0.550.550.56-0.50.480.50.460.570.82-0.69-0.15-0.220.520.99-0.250.56-0.710.50.68
0.740.620.510.480.340.56-0.630.660.62-0.580.60.60.570.640.86-0.65-0.03-0.120.580.99-0.280.65-0.760.610.77
0.080.31-0.77-0.68-0.31-0.1-0.31-0.040.34-0.33-0.280.160.040.310.150.720.410.430.36-0.25-0.280.11-0.230.02-0.16
0.990.970.50.58-0.480.96-0.960.980.96-0.960.91.00.990.970.880.090.710.660.960.560.650.11-0.930.990.93
-0.97-0.95-0.33-0.40.22-0.80.98-0.9-0.960.96-0.75-0.92-0.88-0.96-0.980.0-0.58-0.44-0.94-0.71-0.76-0.23-0.93-0.89-0.9
0.970.930.60.67-0.530.98-0.930.990.91-0.940.950.981.00.920.830.10.750.660.910.50.610.020.99-0.890.95
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Bridger Aerospace Account Relationship Matchups

Pair Trading with Bridger Aerospace

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bridger Aerospace position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bridger Aerospace will appreciate offsetting losses from the drop in the long position's value.

Moving against Bridger Stock

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The ability to find closely correlated positions to Bridger Aerospace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bridger Aerospace when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bridger Aerospace - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bridger Aerospace Group to buy it.
The correlation of Bridger Aerospace is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bridger Aerospace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bridger Aerospace moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bridger Aerospace can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Bridger Stock Analysis

When running Bridger Aerospace's price analysis, check to measure Bridger Aerospace'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 Bridger Aerospace is operating at the current time. Most of Bridger Aerospace's value examination focuses on studying past and present price action to predict the probability of Bridger Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridger Aerospace's price. Additionally, you may evaluate how the addition of Bridger Aerospace to your portfolios can decrease your overall portfolio volatility.