BARBEQUE | | | 498.30 2.15 0.43% |
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 Intangible Assets and its Inventory 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.
Intangible Assets vs Inventory
Intangible Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Barbeque Nation Hosp Intangible Assets account and
Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Barbeque Nation's Intangible Assets and Inventory is -0.31. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Inventory 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 Intangible Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Barbeque Nation Hospitality are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Intangible Assets i.e., Barbeque Nation's Intangible Assets and Inventory go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Inventory
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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