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 Other Assets and its Total 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pacific Booker Minerals Other Assets account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pacific Booker's Other Assets and Total Assets is 0.57. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total 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 Other Assets and Total 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 Other Assets of Pacific Booker Minerals are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Pacific Booker's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Total Assets
Total assets refers to the total amount of Pacific Booker assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Pacific Booker Minerals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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