| BRN Stock | | | 0.32 0.02 6.67% |
Brainchip Holdings financial indicator trend analysis is way more than just evaluating Brainchip Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brainchip Holdings is a good investment. Please check the relationship between Brainchip Holdings Change To Account Receivables and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Brainchip Holdings. 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.
Change To Account Receivables vs Capital Expenditures
Change To Account Receivables vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainchip Holdings Change To Account Receivables account and
Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brainchip Holdings' Change To Account Receivables and Capital Expenditures is -0.14. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Brainchip Holdings, assuming nothing else is changed. The correlation between historical values of Brainchip Holdings' Change To Account Receivables and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Brainchip Holdings are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Account Receivables i.e., Brainchip Holdings' Change To Account Receivables and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Change To Account Receivables
Capital Expenditures
Capital Expenditures are funds used by Brainchip Holdings to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Brainchip Holdings operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Brainchip Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brainchip Holdings 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 Brainchip Holdings. 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 gain to about 26.1
M in 2024.
Discontinued Operations is likely to gain to about 34.3
K in 2024
Brainchip Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Brainchip Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brainchip Holdings fundamental ratios Accounts
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Additional Tools for Brainchip Stock Analysis
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