BRFS Stock | | | USD 4.29 0.03 0.69% |
BRF SA financial indicator trend analysis is way more than just evaluating BRF SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRF SA ADR is a good investment. Please check the relationship between BRF SA Property Plant And Equipment Gross and its Net Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BRF SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Property Plant And Equipment Gross vs Net Debt
Property Plant And Equipment Gross vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BRF SA ADR Property Plant And Equipment Gross account and
Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BRF SA's Property Plant And Equipment Gross and Net Debt is 0.55. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Debt in the same time period over historical financial statements of BRF SA ADR, assuming nothing else is changed. The correlation between historical values of BRF SA's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of BRF SA ADR 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 Property Plant And Equipment Gross i.e., BRF SA's Property Plant And Equipment Gross and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Gross
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 BRF SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRF SA ADR 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 BRF SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, BRF SA's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 5.6
B in 2024, whereas
Tax Provision is likely to drop (59.7
M) in 2024.
BRF SA fundamental ratios Correlations
Click cells to compare fundamentals
BRF SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRF SA fundamental ratios Accounts
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