| BMN Stock | | | 2.87 0.14 4.65% |
Bannerman Resources financial indicator trend analysis is way more than just evaluating Bannerman Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bannerman Resources is a good investment. Please check the relationship between Bannerman Resources Accounts Payable and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bannerman Resources. 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.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bannerman Resources Accounts Payable account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bannerman Resources' Accounts Payable and Cash is 0.24. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Bannerman Resources, assuming nothing else is changed. The correlation between historical values of Bannerman Resources' Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Bannerman Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Bannerman Resources' Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Bannerman Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bannerman Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Cash
Cash refers to the most liquid asset of Bannerman Resources, which is listed under current asset account on Bannerman Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bannerman Resources customers. The amounts must be unrestricted with restricted cash listed in a different Bannerman Resources 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.
Most indicators from Bannerman Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bannerman Resources 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 Bannerman Resources. 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 2.4
M in 2024.
Issuance Of Capital Stock is likely to drop to about 150.8
K in 2024
Bannerman Resources fundamental ratios Correlations
Click cells to compare fundamentals
Bannerman Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bannerman Resources fundamental ratios Accounts
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Additional Tools for Bannerman Stock Analysis
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