Bedford Long Term Debt vs Common Stock Shares Outstanding Analysis

BFM Stock   0.79  0.01  1.28%   
Bedford Metals financial indicator trend analysis is way more than just evaluating Bedford Metals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bedford Metals Corp is a good investment. Please check the relationship between Bedford Metals Long Term Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bedford Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Common Stock Shares Outstanding

Long Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bedford Metals Corp Long Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Bedford Metals' Long Term Debt and Common Stock Shares Outstanding is -0.98. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bedford Metals Corp, assuming nothing else is changed. The correlation between historical values of Bedford Metals' Long Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Bedford Metals Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Long Term Debt i.e., Bedford Metals' Long Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Bedford Metals Corp has held for over one year. Long-term debt appears on Bedford Metals Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bedford Metals Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bedford Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bedford Metals Corp 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 Bedford Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 96.2 K in 2024. Issuance Of Capital Stock is likely to drop to 0.00 in 2024

Bedford Metals fundamental ratios Correlations

-0.710.820.62-0.240.820.330.940.65-0.390.82-0.580.610.27-0.38-0.81-0.620.72
-0.71-0.62-0.830.42-0.66-0.21-0.83-0.850.56-0.660.81-0.630.090.550.930.83-0.83
0.82-0.620.33-0.380.990.760.790.38-0.480.99-0.630.850.66-0.45-0.82-0.340.71
0.62-0.830.33-0.550.42-0.030.811.0-0.660.42-0.810.48-0.49-0.68-0.75-1.00.83
-0.240.42-0.38-0.55-0.51-0.62-0.53-0.570.98-0.510.85-0.80.080.980.460.58-0.8
0.82-0.660.990.42-0.510.790.830.46-0.61.0-0.720.910.58-0.58-0.85-0.430.8
0.33-0.210.76-0.03-0.620.790.390.02-0.610.79-0.530.860.73-0.57-0.430.00.53
0.94-0.830.790.81-0.530.830.390.84-0.660.83-0.810.750.08-0.66-0.89-0.820.91
0.65-0.850.381.0-0.570.460.020.84-0.690.46-0.840.52-0.45-0.7-0.78-1.00.86
-0.390.56-0.48-0.660.98-0.6-0.61-0.66-0.69-0.60.92-0.850.081.00.60.69-0.89
0.82-0.660.990.42-0.511.00.790.830.46-0.6-0.720.910.58-0.58-0.85-0.430.8
-0.580.81-0.63-0.810.85-0.72-0.53-0.81-0.840.92-0.72-0.880.070.920.840.83-0.98
0.61-0.630.850.48-0.80.910.860.750.52-0.850.91-0.880.41-0.83-0.78-0.50.89
0.270.090.66-0.490.080.580.730.08-0.450.080.580.070.410.12-0.160.480.0
-0.380.55-0.45-0.680.98-0.58-0.57-0.66-0.71.0-0.580.92-0.830.120.580.71-0.88
-0.810.93-0.82-0.750.46-0.85-0.43-0.89-0.780.6-0.850.84-0.78-0.160.580.75-0.88
-0.620.83-0.34-1.00.58-0.430.0-0.82-1.00.69-0.430.83-0.50.480.710.75-0.85
0.72-0.830.710.83-0.80.80.530.910.86-0.890.8-0.980.890.0-0.88-0.88-0.85
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Bedford Metals Account Relationship Matchups

Thematic Opportunities

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