BWB Stock | | | USD 13.51 0.11 0.82% |
Bridgewater Bancshares financial indicator trend analysis is way more than just evaluating Bridgewater Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgewater Bancshares is a good investment. Please check the relationship between Bridgewater Bancshares Net Debt and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgewater Bancshares. 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.
For information on how to trade Bridgewater Stock refer to our
How to Trade Bridgewater Stock guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bridgewater Bancshares Net Debt account and
Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bridgewater Bancshares' Net Debt and Other Current Liab is 0.88. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Bridgewater Bancshares, assuming nothing else is changed. The correlation between historical values of Bridgewater Bancshares' Net Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Bridgewater Bancshares are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Debt i.e., Bridgewater Bancshares' Net Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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 Bridgewater Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgewater Bancshares 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 Bridgewater Bancshares. 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.
For information on how to trade Bridgewater Stock refer to our
How to Trade Bridgewater Stock guide.At present, Bridgewater Bancshares'
Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 13.63, whereas
Tax Provision is forecasted to decline to about 11.5
M.