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 Retained Earnings and its Net Tangible Assets 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.
Retained Earnings vs Net Tangible Assets
Retained Earnings vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Brainchip Holdings Retained Earnings account and
Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Brainchip Holdings' Retained Earnings and Net Tangible Assets is -0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets 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' Retained Earnings and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Brainchip Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Brainchip Holdings' Retained Earnings and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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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