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 Other Stockholder Equity and its Cash 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.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainchip Holdings Other Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Brainchip Holdings' Other Stockholder Equity and Cash is 0.29. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash 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' Other Stockholder Equity 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 Other Stockholder Equity of Brainchip Holdings 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 Other Stockholder Equity i.e., Brainchip Holdings' Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Brainchip Holdings, which is listed under current asset account on Brainchip Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Brainchip Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Brainchip Holdings 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 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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