BBCP Stock | | | USD 6.71 0.18 2.76% |
Concrete Pumping financial indicator trend analysis is way more than just evaluating Concrete Pumping Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Concrete Pumping Holdings is a good investment. Please check the relationship between Concrete Pumping Property Plant And Equipment Net and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Concrete Pumping Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Concrete Pumping Holdings Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Concrete Pumping's Property Plant And Equipment Net and Cash is 0.69. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Concrete Pumping Holdings, assuming nothing else is changed. The correlation between historical values of Concrete Pumping's Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Concrete Pumping Holdings are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Concrete Pumping's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Cash
Cash refers to the most liquid asset of Concrete Pumping Holdings, which is listed under current asset account on Concrete Pumping Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Concrete Pumping customers. The amounts must be unrestricted with restricted cash listed in a different Concrete Pumping 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.
Most indicators from Concrete Pumping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Concrete Pumping Holdings 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 Concrete Pumping Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Concrete Pumping's
Tax Provision is relatively stable compared to the past year. As of 02/27/2025,
Sales General And Administrative To Revenue is likely to grow to 0.22, while
Selling General Administrative is likely to drop slightly above 90.5
M.
Concrete Pumping fundamental ratios Correlations
Click cells to compare fundamentals
Concrete Pumping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Concrete Pumping fundamental ratios Accounts
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