0RKH Cash vs Net Tangible Assets Analysis
| 0RKH Stock | | | 38.35 0.54 1.43% |
BW Offshore financial indicator trend analysis is way more than just evaluating BW Offshore prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BW Offshore is a good investment. Please check the relationship between BW Offshore Cash and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BW Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Cash vs Net Tangible Assets
Cash vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BW Offshore Cash account and
Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BW Offshore's Cash and Net Tangible Assets is -0.11. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of BW Offshore, assuming nothing else is changed. The correlation between historical values of BW Offshore's Cash and Net Tangible 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 Cash of BW Offshore are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., BW Offshore's Cash and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.11 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of BW Offshore, which is listed under current asset account on BW Offshore balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BW Offshore customers. The amounts must be unrestricted with restricted cash listed in a different BW Offshore account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from BW Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BW Offshore 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 BW Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, BW Offshore's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 49.6
M in 2025, whereas
Tax Provision is likely to drop slightly above 33.6
M in 2025.
BW Offshore fundamental ratios Correlations
Click cells to compare fundamentals
BW Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BW Offshore fundamental ratios Accounts
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Additional Tools for 0RKH Stock Analysis
When running BW Offshore's price analysis, check to
measure BW Offshore'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 BW Offshore is operating at the current time. Most of BW Offshore's value examination focuses on studying past and present price action to
predict the probability of BW Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BW Offshore's price. Additionally, you may evaluate how the addition of BW Offshore to your portfolios can decrease your overall portfolio volatility.