BAGFILMS | | | 11.55 0.34 2.86% |
BAG Films financial indicator trend analysis is way more than just evaluating BAG Films prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAG Films is a good investment. Please check the relationship between BAG Films Other Current Liab 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 BAG Films and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Other Current Liab vs Property Plant And Equipment Net
Other Current Liab 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
BAG Films Other Current Liab account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BAG Films' Other Current Liab and Property Plant And Equipment Net is -0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of BAG Films and, assuming nothing else is changed. The correlation between historical values of BAG Films' Other Current Liab 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 Other Current Liab of BAG Films and 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 Other Current Liab i.e., BAG Films' Other Current Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
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 BAG Films' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAG Films 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 BAG Films and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
As of the 22nd of December 2024,
Tax Provision is likely to grow to about 17.3
M, while
Selling General Administrative is likely to drop about 75.2
M.
BAG Films fundamental ratios Correlations
Click cells to compare fundamentals
BAG Films Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BAG Films fundamental ratios Accounts
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Other Information on Investing in BAG Stock
Balance Sheet is a snapshot of the
financial position of BAG Films at a specified time, usually calculated after every quarter, six months, or one year. BAG Films Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BAG Films 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 BAG currently owns. An asset can also be divided into two categories, current and non-current.