BFST Stock | | | USD 28.50 0.22 0.77% |
Business First financial indicator trend analysis is way more than just evaluating Business First Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Business First Bancshares is a good investment. Please check the relationship between Business First Property Plant Equipment and its Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Business First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Property Plant Equipment vs Capital Stock
Property Plant Equipment vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Business First Bancshares Property Plant Equipment account and
Capital Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Business First's Property Plant Equipment and Capital Stock is 0.81. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Business First Bancshares, assuming nothing else is changed. The correlation between historical values of Business First's Property Plant Equipment and Capital Stock 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 Equipment of Business First Bancshares are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Property Plant Equipment i.e., Business First's Property Plant Equipment and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Business First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Business First Bancshares 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 Business First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Business First's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 21
M in 2024, whereas
Enterprise Value Multiple is likely to drop 27.86 in 2024.
Business First fundamental ratios Correlations
Click cells to compare fundamentals
Business First Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Business First fundamental ratios Accounts
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