Bynordic Retained Earnings vs Total Assets Analysis
BYNOU Stock | USD 11.32 0.00 0.00% |
Bynordic Acquisition financial indicator trend analysis is way more than just evaluating Bynordic Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bynordic Acquisition Corp is a good investment. Please check the relationship between Bynordic Acquisition Retained Earnings and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bynordic Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Bynordic Stock please use our How to Invest in Bynordic Acquisition guide.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bynordic Acquisition Corp Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bynordic Acquisition's Retained Earnings and Total Assets is -0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bynordic Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Bynordic Acquisition's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Bynordic Acquisition Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Bynordic Acquisition's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of Bynordic Acquisition 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 Bynordic Acquisition Corp 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.Most indicators from Bynordic Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bynordic Acquisition Corp 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 Bynordic Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Bynordic Stock please use our How to Invest in Bynordic Acquisition guide.At this time, Bynordic Acquisition's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 36.13 in 2024, whereas Enterprise Value is likely to drop slightly above 176.8 M in 2024.
2010 | 2023 | 2024 (projected) | Net Interest Income | 2.7M | 6.2M | 4.9M | Cost Of Revenue | 66.3K | 873.9K | 472.4K |
Bynordic Acquisition fundamental ratios Correlations
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Bynordic Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Bynordic Acquisition's price analysis, check to measure Bynordic Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bynordic Acquisition is operating at the current time. Most of Bynordic Acquisition's value examination focuses on studying past and present price action to predict the probability of Bynordic Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bynordic Acquisition's price. Additionally, you may evaluate how the addition of Bynordic Acquisition to your portfolios can decrease your overall portfolio volatility.