BW Stock | | | USD 1.67 0.00 0.00% |
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 Capital Expenditures and its Other Non Cash Items 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.
Capital Expenditures vs Other Non Cash Items
Capital Expenditures vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Babcock Wilcox Enter Capital Expenditures account and
Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Babcock Wilcox's Capital Expenditures and Other Non Cash Items is -0.03. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items 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 Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Babcock Wilcox Enterprises are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Babcock Wilcox's Capital Expenditures and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Babcock Wilcox Enter to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Babcock Wilcox operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Other Non Cash Items
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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measure Babcock Wilcox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Babcock Wilcox is operating at the current time. Most of Babcock Wilcox's value examination focuses on studying past and present price action to
predict the probability of Babcock Wilcox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Babcock Wilcox's price. Additionally, you may evaluate how the addition of Babcock Wilcox to your portfolios can decrease your overall portfolio volatility.