| BW Stock | | | USD 1.93 0.04 2.12% |
Babcock Wilcox financial indicator trend analysis is way more than just evaluating Babcock Wilcox Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Babcock Wilcox Enter is a good investment. Please check the relationship between Babcock Wilcox Accumulated Depreciation and its Net Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Accumulated Depreciation vs Net Debt
Accumulated Depreciation vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Babcock Wilcox Enter Accumulated Depreciation account and
Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Babcock Wilcox's Accumulated Depreciation and Net Debt is 0.83. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Debt in the same time period over historical financial statements of Babcock Wilcox Enterprises, assuming nothing else is changed. The correlation between historical values of Babcock Wilcox's Accumulated Depreciation and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Babcock Wilcox Enterprises are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accumulated Depreciation i.e., Babcock Wilcox's Accumulated Depreciation and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Babcock Wilcox Enterprises fixed asset that has been charged to Babcock Wilcox expense since that asset was acquired and made available for Babcock Wilcox use. The accumulated depreciation account is Babcock Wilcox Enter asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Babcock Wilcox Enter.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Babcock Wilcox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Babcock Wilcox Enter 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 Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Babcock Wilcox's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to climb to about 12.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Babcock Wilcox fundamental ratios Correlations
Click cells to compare fundamentals
Babcock Wilcox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Babcock Wilcox fundamental ratios Accounts
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