Bridger Cash And Short Term Investments vs Inventory Analysis
BAERW Stock | 0.09 0 4.33% |
Bridger Aerospace financial indicator trend analysis is way more than just evaluating Bridger Aerospace prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridger Aerospace is a good investment. Please check the relationship between Bridger Aerospace Cash And Short Term Investments and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridger Aerospace Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bridger Aerospace Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bridger Aerospace's Cash And Short Term Investments and Inventory is 0.82. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Bridger Aerospace Group, assuming nothing else is changed. The correlation between historical values of Bridger Aerospace's Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Bridger Aerospace Group are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Bridger Aerospace's Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Bridger Aerospace balance sheet. This account contains Bridger Aerospace investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Bridger Aerospace Group 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.Inventory
Most indicators from Bridger Aerospace's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridger Aerospace 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 Bridger Aerospace Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Bridger Aerospace's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.30 in 2024, despite the fact that Tax Provision is likely to grow to (286.9 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.3M | 20.0M | 23.2M | 14.9M | Depreciation And Amortization | 6.7M | 9.1M | 11.1M | 8.1M |
Bridger Aerospace fundamental ratios Correlations
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Bridger Aerospace Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Bridger Aerospace's price analysis, check to measure Bridger Aerospace'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 Bridger Aerospace is operating at the current time. Most of Bridger Aerospace's value examination focuses on studying past and present price action to predict the probability of Bridger Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridger Aerospace's price. Additionally, you may evaluate how the addition of Bridger Aerospace to your portfolios can decrease your overall portfolio volatility.