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 Interest Expense and its Reconciled Depreciation 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.
Interest Expense vs Reconciled Depreciation
Interest Expense vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bannerman Resources Interest Expense account and
Reconciled Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bannerman Resources' Interest Expense and Reconciled Depreciation is 0.29. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Reconciled Depreciation 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' Interest Expense and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Bannerman Resources are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Interest Expense i.e., Bannerman Resources' Interest Expense and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Reconciled Depreciation
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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