BFUTILITIE | | | 977.45 35.30 3.49% |
BF Utilities financial indicator trend analysis is way more than just evaluating BF Utilities Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BF Utilities Limited is a good investment. Please check the relationship between BF Utilities Cash and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BF Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Cash vs Good Will
Cash vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BF Utilities Limited Cash account and
Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BF Utilities' Cash and Good Will is -0.29. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Good Will in the same time period over historical financial statements of BF Utilities Limited, assuming nothing else is changed. The correlation between historical values of BF Utilities' Cash and Good Will 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 of BF Utilities Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash i.e., BF Utilities' Cash and Good Will go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of BF Utilities Limited, which is listed under current asset account on BF Utilities Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BF Utilities customers. The amounts must be unrestricted with restricted cash listed in a different BF Utilities 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.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from BF Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BF Utilities Limited 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 BF Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The BF Utilities' current
Tax Provision is estimated to increase to about 208.2
M, while
Selling General Administrative is projected to decrease to under 5.6
M.
BF Utilities fundamental ratios Correlations
Click cells to compare fundamentals
BF Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BF Utilities fundamental ratios Accounts
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Other Information on Investing in BFUTILITIE Stock
Balance Sheet is a snapshot of the
financial position of BF Utilities Limited at a specified time, usually calculated after every quarter, six months, or one year. BF Utilities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BF Utilities and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BFUTILITIE currently owns. An asset can also be divided into two categories, current and non-current.