| 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 Cost Of Revenue and its Other Operating Expenses 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.
Cost Of Revenue vs Other Operating Expenses
Cost Of Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bannerman Resources Cost Of Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bannerman Resources' Cost Of Revenue and Other Operating Expenses is 0.38. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses 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' Cost Of Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Bannerman Resources are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Bannerman Resources' Cost Of Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.38 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Bannerman Resources income statement and represents the costs associated with goods and services Bannerman Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bannerman Resources. It is also known as Bannerman Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Bannerman Stock Analysis
When running Bannerman Resources' price analysis, check to
measure Bannerman Resources' 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 Bannerman Resources is operating at the current time. Most of Bannerman Resources' value examination focuses on studying past and present price action to
predict the probability of Bannerman Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannerman Resources' price. Additionally, you may evaluate how the addition of Bannerman Resources to your portfolios can decrease your overall portfolio volatility.