BZFDW Stock | | | USD 0.16 0.05 23.81% |
BuzzFeed financial indicator trend analysis is way more than just evaluating BuzzFeed prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BuzzFeed is a good investment. Please check the relationship between BuzzFeed Total Current Liabilities and its Total Current Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BuzzFeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy BuzzFeed Stock please use our
How to Invest in BuzzFeed guide.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BuzzFeed Total Current Liabilities account and
Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BuzzFeed's Total Current Liabilities and Total Current Assets is -0.24. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of BuzzFeed, assuming nothing else is changed. The correlation between historical values of BuzzFeed's Total Current Liabilities and Total Current 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 Total Current Liabilities of BuzzFeed are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., BuzzFeed's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on BuzzFeed balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BuzzFeed are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from BuzzFeed's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BuzzFeed 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 BuzzFeed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy BuzzFeed Stock please use our
How to Invest in BuzzFeed guide.
Selling General Administrative is likely to climb to about 103.9
M in 2024, whereas
Tax Provision is likely to drop (887.2
K) in 2024.
BuzzFeed fundamental ratios Correlations
Click cells to compare fundamentals
BuzzFeed Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BuzzFeed fundamental ratios Accounts
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Additional Tools for BuzzFeed Stock Analysis
When running BuzzFeed's price analysis, check to
measure BuzzFeed'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 BuzzFeed is operating at the current time. Most of BuzzFeed's value examination focuses on studying past and present price action to
predict the probability of BuzzFeed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BuzzFeed's price. Additionally, you may evaluate how the addition of BuzzFeed to your portfolios can decrease your overall portfolio volatility.