| BKM Stock | | | CAD 0.85 0.15 15.00% |
Pacific Booker financial indicator trend analysis is much more than just breaking down Pacific Booker Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Booker Minerals is a good investment. Please check the relationship between Pacific Booker Cash And Short Term Investments and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pacific Booker Minerals. 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 Net Tangible Assets
Cash And Short Term Investments vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pacific Booker Minerals Cash And Short Term Investments account and
Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pacific Booker's Cash And Short Term Investments and Net Tangible Assets is 0.28. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Pacific Booker Minerals, assuming nothing else is changed. The correlation between historical values of Pacific Booker's Cash And Short Term Investments and Net Tangible Assets 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 Pacific Booker Minerals are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash And Short Term Investments i.e., Pacific Booker's Cash And Short Term Investments and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pacific Booker Minerals balance sheet. This account contains Pacific Booker investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pacific Booker Minerals 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.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Pacific Booker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Booker Minerals 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 Pacific Booker Minerals. 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.
Selling General Administrative is likely to drop to about 168.8
K in 2024.
Issuance Of Capital Stock is likely to drop to about 128.2
K in 2024
Pacific Booker fundamental ratios Correlations
Click cells to compare fundamentals
Pacific Booker Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Booker fundamental ratios Accounts
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Additional Tools for Pacific Stock Analysis
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measure Pacific Booker's 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 Pacific Booker is operating at the current time. Most of Pacific Booker's value examination focuses on studying past and present price action to
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