BWY Stock | | | 2,476 8.00 0.32% |
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 Non Current Liabilities Total and its Cash And Short Term Investments 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.
Non Current Liabilities Total vs Cash And Short Term Investments
Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bellway PLC Non Current Liabilities Total account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bellway PLC's Non Current Liabilities Total and Cash And Short Term Investments is 0.8. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Liabilities Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Bellway PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., Bellway PLC's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Liabilities Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bellway PLC balance sheet. This account contains Bellway PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bellway PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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.