Blue Other Current Assets vs Net Debt Analysis
| BLUW Stock | USD 10.07 0.01 0.1% |
Blue Water financial indicator trend analysis is way more than just evaluating Blue Water Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Water Acquisition is a good investment. Please check the relationship between Blue Water Other Current Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Water Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Other Current Assets vs Net Debt
Other Current Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Water Acquisition Other Current Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Blue Water's Other Current Assets and Net Debt is -0.53. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Blue Water Acquisition, assuming nothing else is changed. The correlation between historical values of Blue Water's Other Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Blue Water Acquisition are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Assets i.e., Blue Water's Other Current Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Blue Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Water Acquisition 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 Blue Water Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Blue Water fundamental ratios Correlations
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Blue Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Blue Water's price analysis, check to measure Blue Water'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 Blue Water is operating at the current time. Most of Blue Water's value examination focuses on studying past and present price action to predict the probability of Blue Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Water's price. Additionally, you may evaluate how the addition of Blue Water to your portfolios can decrease your overall portfolio volatility.