| 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 Total Assets and its Cash 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.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bellway PLC Total Assets account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bellway PLC's Total Assets and Cash is -0.46. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash 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 Total Assets and Cash 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 Assets of Bellway PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Bellway PLC's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.46 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Bellway PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bellway PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash
Cash refers to the most liquid asset of Bellway PLC, which is listed under current asset account on Bellway PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bellway PLC customers. The amounts must be unrestricted with restricted cash listed in a different Bellway PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.