Bravada Retained Earnings vs Non Current Liabilities Total Analysis

BVA Stock  CAD 0.02  0.01  33.33%   
Bravada Gold financial indicator trend analysis is way more than just evaluating Bravada Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bravada Gold is a good investment. Please check the relationship between Bravada Gold Retained Earnings and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bravada Gold. 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 Non Current Liabilities Total

Retained Earnings vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bravada Gold Retained Earnings account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bravada Gold's Retained Earnings and Non Current Liabilities Total is 0.3. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Bravada Gold, assuming nothing else is changed. The correlation between historical values of Bravada Gold's Retained Earnings and Non Current Liabilities Total 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 Bravada Gold are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Retained Earnings i.e., Bravada Gold's Retained Earnings and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Non Current Liabilities Total

Most indicators from Bravada Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bravada Gold 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 Bravada Gold. 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.
At this time, Bravada Gold's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 694.4 K in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (9.37).

Bravada Gold fundamental ratios Correlations

-0.63-0.090.99-0.310.690.180.990.310.5-0.360.50.46-0.640.28-0.170.56-0.53-0.66-0.32-0.32-0.420.27-0.31-0.39-0.25
-0.630.23-0.610.53-0.08-0.35-0.6-0.36-0.43-0.13-0.270.021.0-0.370.62-0.540.730.76-0.08-0.08-0.190.27-0.09-0.17-0.07
-0.090.23-0.020.37-0.02-0.42-0.01-0.58-0.50.18-0.84-0.330.23-0.560.45-0.880.10.120.150.150.18-0.150.150.170.11
0.99-0.61-0.02-0.190.710.051.00.180.46-0.360.440.47-0.620.15-0.120.49-0.53-0.65-0.36-0.36-0.440.3-0.34-0.41-0.25
-0.310.530.37-0.190.15-0.9-0.18-0.87-0.27-0.14-0.290.160.54-0.890.52-0.470.450.39-0.3-0.3-0.30.34-0.3-0.28-0.1
0.69-0.08-0.020.710.15-0.220.720.040.46-0.890.470.76-0.11-0.10.360.3-0.09-0.19-0.75-0.75-0.90.8-0.76-0.87-0.77
0.18-0.35-0.420.05-0.9-0.220.040.930.20.140.27-0.21-0.360.97-0.450.45-0.08-0.240.320.320.29-0.350.320.260.12
0.99-0.6-0.011.0-0.180.720.040.170.46-0.370.440.48-0.60.13-0.10.48-0.53-0.64-0.37-0.37-0.450.31-0.36-0.42-0.26
0.31-0.36-0.580.18-0.870.040.930.170.39-0.160.520.04-0.380.96-0.410.63-0.08-0.240.110.110.0-0.090.110.0-0.13
0.5-0.43-0.50.46-0.270.460.20.460.39-0.440.710.69-0.440.33-0.090.65-0.3-0.22-0.31-0.31-0.360.45-0.31-0.4-0.4
-0.36-0.130.18-0.36-0.14-0.890.14-0.37-0.16-0.44-0.49-0.72-0.090.02-0.4-0.27-0.19-0.070.770.770.93-0.860.780.920.93
0.5-0.27-0.840.44-0.290.470.270.440.520.71-0.490.68-0.280.45-0.230.92-0.21-0.22-0.45-0.45-0.530.5-0.44-0.51-0.31
0.460.02-0.330.470.160.76-0.210.480.040.69-0.720.680.0-0.050.270.46-0.13-0.1-0.75-0.75-0.770.8-0.75-0.82-0.52
-0.641.00.23-0.620.54-0.11-0.36-0.6-0.38-0.44-0.09-0.280.0-0.380.61-0.550.720.76-0.05-0.05-0.160.24-0.06-0.13-0.03
0.28-0.37-0.560.15-0.89-0.10.970.130.960.330.020.45-0.05-0.38-0.460.6-0.13-0.30.20.20.15-0.220.210.120.02
-0.170.620.45-0.120.520.36-0.45-0.1-0.41-0.09-0.4-0.230.270.61-0.46-0.490.430.61-0.45-0.45-0.320.61-0.46-0.42-0.37
0.56-0.54-0.880.49-0.470.30.450.480.630.65-0.270.920.46-0.550.6-0.49-0.38-0.45-0.24-0.24-0.30.2-0.24-0.28-0.17
-0.530.730.1-0.530.45-0.09-0.08-0.53-0.08-0.3-0.19-0.21-0.130.72-0.130.43-0.380.64-0.03-0.03-0.180.17-0.04-0.16-0.2
-0.660.760.12-0.650.39-0.19-0.24-0.64-0.24-0.22-0.07-0.22-0.10.76-0.30.61-0.450.640.00.00.00.26-0.03-0.01-0.07
-0.32-0.080.15-0.36-0.3-0.750.32-0.370.11-0.310.77-0.45-0.75-0.050.2-0.45-0.24-0.030.01.00.76-0.851.00.910.65
-0.32-0.080.15-0.36-0.3-0.750.32-0.370.11-0.310.77-0.45-0.75-0.050.2-0.45-0.24-0.030.01.00.76-0.851.00.910.65
-0.42-0.190.18-0.44-0.3-0.90.29-0.450.0-0.360.93-0.53-0.77-0.160.15-0.32-0.3-0.180.00.760.76-0.850.770.930.79
0.270.27-0.150.30.340.8-0.350.31-0.090.45-0.860.50.80.24-0.220.610.20.170.26-0.85-0.85-0.85-0.86-0.91-0.73
-0.31-0.090.15-0.34-0.3-0.760.32-0.360.11-0.310.78-0.44-0.75-0.060.21-0.46-0.24-0.04-0.031.01.00.77-0.860.910.67
-0.39-0.170.17-0.41-0.28-0.870.26-0.420.0-0.40.92-0.51-0.82-0.130.12-0.42-0.28-0.16-0.010.910.910.93-0.910.910.8
-0.25-0.070.11-0.25-0.1-0.770.12-0.26-0.13-0.40.93-0.31-0.52-0.030.02-0.37-0.17-0.2-0.070.650.650.79-0.730.670.8
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Bravada Gold Account Relationship Matchups

Bravada Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2M395.5K1.4M447.9K692.2K657.6K
Total Current Liabilities1.1M650.3K792.5K761.5K848.6K854.2K
Total Stockholder Equity63.3K(254.8K)561.5K(313.6K)(256.8K)(244.0K)
Net Debt(712.0K)(119.8K)(997.1K)(7.5K)(8.7K)(9.1K)
Retained Earnings(23.9M)(25.2M)(26.2M)(27.0M)(27.4M)(28.8M)
Cash712.0K119.8K997.1K7.5K201.7K286.4K
Non Current Assets Total194.0K251.0K315.1K408.8K452.1K429.5K
Cash And Short Term Investments712.0K119.8K997.1K7.5K6.8K6.4K
Net Receivables4.5K3.7K3.8K3.6K3.2K3.1K
Common Stock Shares Outstanding69.7M88.3M105.7M131.3M148.1M155.5M
Other Stockholder Equity5.3M5.3M5.3M5.1M4.6M7.2M
Total Liab1.1M650.3K792.5K761.5K949.0K880.5K
Total Current Assets957.3K144.5K1.0M39.2K240.1K356.3K
Accumulated Other Comprehensive Income5.3M5.3M5.1M5.0M5.7M4.5M
Non Currrent Assets Other130.7K1.0131.3K135.0K141.6K126.8K
Liabilities And Stockholders Equity1.2M395.5K1.4M447.9K403.1K383.0K
Other Current Liab527.3K347.1K387.8K358.5K322.7K430.1K
Accounts Payable344.5K303.2K404.7K403.0K393.3K328.4K
Net Tangible Assets(294.7K)63.3K(254.8K)561.5K645.7K678.0K
Other Assets174.0K130.7K126.6K131.3K118.2K145.2K
Common Stock18.7M19.7M21.7M21.7M25.0M18.8M
Other Current Assets24.5K20.9K38.0K28.1K32.3K29.0K
Net Invested Capital63.3K(254.8K)561.5K(313.6K)(256.8K)(269.7K)
Net Working Capital(130.8K)(505.8K)246.4K(722.3K)(608.4K)(638.9K)
Capital Stock18.7M19.7M21.7M21.7M22.3M21.8M

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