BYL Stock | | | CAD 0.40 0.01 2.44% |
Baylin Technologies financial indicator trend analysis is way more than just evaluating Baylin Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baylin Technologies is a good investment. Please check the relationship between Baylin Technologies Ebit and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baylin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baylin Technologies Ebit account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Baylin Technologies' Ebit and Reconciled Depreciation is -0.54. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Baylin Technologies, assuming nothing else is changed. The correlation between historical values of Baylin Technologies' Ebit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Baylin Technologies are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Ebit i.e., Baylin Technologies' Ebit and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from Baylin Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baylin Technologies 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 Baylin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Baylin Technologies'
Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024,
Enterprise Value Over EBITDA is likely to grow to 176.98, while
Tax Provision is likely to drop about 138.7
K.
Balance Sheet is a snapshot of the
financial position of Baylin Technologies at a specified time, usually calculated after every quarter, six months, or one year. Baylin Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Baylin Technologies 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 Baylin currently owns. An asset can also be divided into two categories, current and non-current.