| 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 Net Receivables and its Total Current Liabilities 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.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainchip Holdings Net Receivables account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brainchip Holdings' Net Receivables and Total Current Liabilities is 0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities 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' Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Brainchip Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Brainchip Holdings' Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.48 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Brainchip Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Brainchip Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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measure Brainchip Holdings' 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 Brainchip Holdings is operating at the current time. Most of Brainchip Holdings' value examination focuses on studying past and present price action to
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