| BEX Stock | | | CAD 0.07 0.01 6.25% |
Benton Resources financial indicator trend analysis is way more than just evaluating Benton Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Benton Resources is a good investment. Please check the relationship between Benton Resources Cash And Short Term Investments and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Benton Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Benton Resources Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Benton Resources' Cash And Short Term Investments and Cash is -0.13. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Benton Resources, assuming nothing else is changed. The correlation between historical values of Benton Resources' Cash And Short Term Investments 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 Cash And Short Term Investments of Benton Resources 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 Cash And Short Term Investments i.e., Benton Resources' Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Benton Resources balance sheet. This account contains Benton Resources investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Benton Resources fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Cash
Cash refers to the most liquid asset of Benton Resources, which is listed under current asset account on Benton Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Benton Resources customers. The amounts must be unrestricted with restricted cash listed in a different Benton Resources 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 Benton Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Benton Resources 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 Benton Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Enterprise Value is likely to climb to about 29.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 880.2
K in 2024.
Benton Resources fundamental ratios Correlations
Click cells to compare fundamentals
Benton Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Benton Resources fundamental ratios Accounts
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Additional Tools for Benton Stock Analysis
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measure Benton Resources' 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 Benton Resources is operating at the current time. Most of Benton Resources' value examination focuses on studying past and present price action to
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