BARBEQUE | | | 487.90 10.40 2.09% |
Barbeque Nation financial indicator trend analysis is way more than just evaluating Barbeque Nation Hosp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barbeque Nation Hosp is a good investment. Please check the relationship between Barbeque Nation Change To Netincome and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Barbeque Nation Hospitality. 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.
Change To Netincome vs Depreciation
Change To Netincome vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Barbeque Nation Hosp Change To Netincome account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Barbeque Nation's Change To Netincome and Depreciation is -0.09. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of Barbeque Nation Hospitality, assuming nothing else is changed. The correlation between historical values of Barbeque Nation's Change To Netincome and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Barbeque Nation Hospitality are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., Barbeque Nation's Change To Netincome and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Netincome
Depreciation
Depreciation indicates how much of Barbeque Nation Hosp value has been used up. For tax purposes Barbeque Nation can deduct the cost of the tangible assets it purchases as business expenses. However, Barbeque Nation Hospitality must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Barbeque Nation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barbeque Nation Hosp 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 Barbeque Nation Hospitality. 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.
Tax Provision is likely to gain to about (27
M) in 2024.
Discontinued Operations is likely to drop to about (162.4
M) in 2024
Barbeque Nation fundamental ratios Correlations
Click cells to compare fundamentals
Barbeque Nation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Barbeque Nation fundamental ratios Accounts
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measure Barbeque Nation'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 Barbeque Nation is operating at the current time. Most of Barbeque Nation's value examination focuses on studying past and present price action to
predict the probability of Barbeque Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barbeque Nation's price. Additionally, you may evaluate how the addition of Barbeque Nation to your portfolios can decrease your overall portfolio volatility.