First Total Stockholder Equity vs Accounts Payable Analysis

BITCF Stock  USD 0.0006  0.00  0.00%   
First BITCoin financial indicator trend analysis is much more than just examining First BITCoin Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First BITCoin Capital is a good investment. Please check the relationship between First BITCoin Total Stockholder Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First BITCoin Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First BITCoin Capital Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First BITCoin's Total Stockholder Equity and Accounts Payable is -0.51. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of First BITCoin Capital, assuming nothing else is changed. The correlation between historical values of First BITCoin's Total Stockholder Equity and Accounts Payable 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 Stockholder Equity of First BITCoin Capital are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., First BITCoin's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents First BITCoin obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First BITCoin Capital are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from First BITCoin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First BITCoin Capital 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 First BITCoin Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
The current Selling General Administrative is estimated to decrease to about 179.4 K. The current Enterprise Value Over EBITDA is estimated to decrease to -339.83

First BITCoin fundamental ratios Correlations

0.20.90.9-0.25-0.030.20.230.370.230.85-0.310.150.27-0.2-0.20.170.170.16
0.2-0.12-0.12-0.92-0.911.00.970.910.970.16-0.92-0.5-0.790.880.87-0.84-0.84-0.84
0.9-0.121.00.090.36-0.12-0.06-0.01-0.060.850.050.540.61-0.51-0.510.520.520.52
0.9-0.121.00.090.36-0.12-0.06-0.01-0.060.850.050.540.61-0.51-0.510.520.520.52
-0.25-0.920.090.090.85-0.92-0.81-0.97-0.81-0.050.990.540.84-0.86-0.850.890.890.89
-0.03-0.910.360.360.85-0.91-0.89-0.86-0.890.020.860.760.88-0.88-0.890.90.90.9
0.21.0-0.12-0.12-0.92-0.910.970.910.970.16-0.92-0.5-0.790.880.87-0.84-0.84-0.84
0.230.97-0.06-0.06-0.81-0.890.970.821.00.29-0.83-0.43-0.680.780.78-0.72-0.73-0.72
0.370.91-0.01-0.01-0.97-0.860.910.820.820.12-1.0-0.62-0.790.820.82-0.85-0.85-0.85
0.230.97-0.06-0.06-0.81-0.890.971.00.820.29-0.83-0.43-0.680.780.78-0.72-0.73-0.72
0.850.160.850.85-0.050.020.160.290.120.29-0.080.40.43-0.34-0.340.350.350.35
-0.31-0.920.050.050.990.86-0.92-0.83-1.0-0.83-0.080.60.82-0.85-0.850.880.880.88
0.15-0.50.540.540.540.76-0.5-0.43-0.62-0.430.40.60.77-0.69-0.710.760.750.77
0.27-0.790.610.610.840.88-0.79-0.68-0.79-0.680.430.820.77-0.97-0.970.990.990.99
-0.20.88-0.51-0.51-0.86-0.880.880.780.820.78-0.34-0.85-0.69-0.971.0-0.97-0.97-0.97
-0.20.87-0.51-0.51-0.85-0.890.870.780.820.78-0.34-0.85-0.71-0.971.0-0.97-0.97-0.97
0.17-0.840.520.520.890.9-0.84-0.72-0.85-0.720.350.880.760.99-0.97-0.971.01.0
0.17-0.840.520.520.890.9-0.84-0.73-0.85-0.730.350.880.750.99-0.97-0.971.01.0
0.16-0.840.520.520.890.9-0.84-0.72-0.85-0.720.350.880.770.99-0.97-0.971.01.0
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First BITCoin Account Relationship Matchups

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When determining whether First BITCoin Capital is a strong investment it is important to analyze First BITCoin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First BITCoin's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First BITCoin Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the First BITCoin Capital information on this page should be used as a complementary analysis to other First BITCoin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is First BITCoin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First BITCoin. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First BITCoin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Earnings Share
(0)
The market value of First BITCoin Capital is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First BITCoin's value that differs from its market value or its book value, called intrinsic value, which is First BITCoin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First BITCoin's market value can be influenced by many factors that don't directly affect First BITCoin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First BITCoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if First BITCoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First BITCoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.