BTR Stock | | | CAD 0.22 0.01 4.35% |
BonTerra Resources financial indicator trend analysis is way more than just evaluating BonTerra Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BonTerra Resources is a good investment. Please check the relationship between BonTerra Resources Total Current Assets and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BonTerra 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.
Total Current Assets vs Retained Earnings
Total Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BonTerra Resources Total Current Assets account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BonTerra Resources' Total Current Assets and Retained Earnings is -0.35. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of BonTerra Resources, assuming nothing else is changed. The correlation between historical values of BonTerra Resources' Total Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of BonTerra Resources are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., BonTerra Resources' Total Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
Most indicators from BonTerra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BonTerra 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 BonTerra 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 climb to about 3.8
M in 2024, whereas
Discontinued Operations is likely to drop (710
K) in 2024.
BonTerra Resources fundamental ratios Correlations
Click cells to compare fundamentals
BonTerra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BonTerra Resources fundamental ratios Accounts
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Additional Tools for BonTerra Stock Analysis
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