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 Other Stockholder Equity and its Total Current Liabilities 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.
Other Stockholder Equity vs Total Current Liabilities
Other Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BF Utilities Limited Other Stockholder Equity account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BF Utilities' Other Stockholder Equity and Total Current Liabilities is 0.12. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities 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' Other Stockholder Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of BF Utilities Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Stockholder Equity i.e., BF Utilities' Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Stockholder Equity
Total Current Liabilities
Total Current Liabilities is an item on BF Utilities balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BF Utilities Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.