| BWY Stock | | | 2,450 26.00 1.05% |
Bellway PLC financial indicator trend analysis is way more than just evaluating Bellway PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bellway PLC is a good investment. Please check the relationship between Bellway PLC Net Income and its Change In Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bellway PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Income vs Change In Working Capital
Net Income vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bellway PLC Net Income account and
Change In Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bellway PLC's Net Income and Change In Working Capital is 0.95. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Bellway PLC, assuming nothing else is changed. The correlation between historical values of Bellway PLC's Net Income and Change In Working Capital 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 Income of Bellway PLC are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Bellway PLC's Net Income and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Bellway PLC financial statement analysis. It represents the amount of money remaining after all of Bellway PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Bellway PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bellway PLC 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 Bellway PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 177.7
M. The current year's
Tax Provision is expected to grow to about 72.2
MBellway PLC fundamental ratios Correlations
Click cells to compare fundamentals
Bellway PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bellway PLC fundamental ratios Accounts
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Other Information on Investing in Bellway Stock
Balance Sheet is a snapshot of the
financial position of Bellway PLC at a specified time, usually calculated after every quarter, six months, or one year. Bellway PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bellway PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bellway currently owns. An asset can also be divided into two categories, current and non-current.