| 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 Total Stockholder Equity and its Net Invested Capital 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.
Total Stockholder Equity vs Net Invested Capital
Total Stockholder Equity vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Benton Resources Total Stockholder Equity account and
Net Invested Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between Benton Resources' Total Stockholder Equity and Net Invested Capital is 0.2. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital 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' Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Benton Resources are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Benton Resources' Total Stockholder Equity and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
predict the probability of Benton Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benton Resources' price. Additionally, you may evaluate how the addition of Benton Resources to your portfolios can decrease your overall portfolio volatility.