| 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 Total Current Liabilities and its Long Term Debt Total 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 Total Current Liabilities account and
Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bridgewater Bancshares' Total Current Liabilities and Long Term Debt Total is 0.5. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Debt Total 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' Total Current Liabilities and Long Term Debt 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 Total Current Liabilities of Bridgewater Bancshares are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., Bridgewater Bancshares' Total Current Liabilities and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Liabilities is an item on Bridgewater Bancshares balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bridgewater Bancshares are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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.