| 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 Other Liab and its Accounts Payable 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 Other Liab account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bridgewater Bancshares' Other Liab and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Accounts Payable 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' Other Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Bridgewater Bancshares are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Liab i.e., Bridgewater Bancshares' Other Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
An accounting item on the balance sheet that represents Bridgewater Bancshares obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bridgewater Bancshares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.