Batero Change To Liabilities vs Capital Expenditures Analysis
BAT Stock | CAD 0.03 0.01 25.00% |
Batero Gold financial indicator trend analysis is way more than just evaluating Batero Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Batero Gold Corp is a good investment. Please check the relationship between Batero Gold Change To Liabilities and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Batero Gold 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.
Change To Liabilities vs Capital Expenditures
Change To Liabilities vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Change To Liabilities account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Batero Gold's Change To Liabilities and Capital Expenditures is 0.45. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Batero Gold Corp, assuming nothing else is changed. The correlation between historical values of Batero Gold's Change To Liabilities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Batero Gold Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Liabilities i.e., Batero Gold's Change To Liabilities and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Liabilities
Capital Expenditures
Capital Expenditures are funds used by Batero Gold Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Batero Gold operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Batero Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Batero Gold 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 Batero Gold 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 161.8 K in 2025
Batero Gold fundamental ratios Correlations
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Batero Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Batero Gold fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 49.1M | 48.4M | 48.5M | 48.7M | 56.0M | 37.1M | |
Total Current Liabilities | 372.8K | 154.7K | 122.1K | 114.9K | 103.4K | 184.3K | |
Total Stockholder Equity | 48.7M | 48.3M | 47.8M | 47.5M | 54.6M | 36.7M | |
Net Tangible Assets | 50.1M | 49.6M | 48.7M | 48.3M | 55.5M | 37.2M | |
Retained Earnings | (29.6M) | (30.1M) | (30.5M) | (30.8M) | (35.5M) | (37.2M) | |
Accounts Payable | 128.1K | 107.6K | 372.8K | 146.0K | 131.4K | 187.1K | |
Cash | 2.1M | 224.7K | 98.9K | 16.6K | 14.9K | 14.2K | |
Net Receivables | 1.0K | 1.1K | 2.8K | 1.7K | 1.6K | 1.5K | |
Total Liab | 372.8K | 154.7K | 713.1K | 1.2M | 1.4M | 1.5M | |
Total Current Assets | 2.1M | 243.6K | 104.4K | 20.1K | 18.1K | 17.2K | |
Property Plant Equipment | 42.7M | 44.5M | 47.0M | 48.2M | 55.4M | 28.5M | |
Non Current Assets Total | 47.0M | 48.2M | 48.4M | 48.7M | 56.0M | 34.7M | |
Net Invested Capital | 48.7M | 48.3M | 47.8M | 47.5M | 54.6M | 41.0M | |
Net Working Capital | 1.7M | 88.9K | (17.7K) | (94.8K) | (85.3K) | (81.1K) | |
Property Plant And Equipment Net | 47.0M | 48.2M | 48.4M | 48.7M | 56.0M | 52.1M | |
Property Plant And Equipment Gross | 47.7M | 48.9M | 49.2M | 49.4M | 56.9M | 52.9M |
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When running Batero Gold's price analysis, check to measure Batero Gold'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 Batero Gold is operating at the current time. Most of Batero Gold's value examination focuses on studying past and present price action to predict the probability of Batero Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Batero Gold's price. Additionally, you may evaluate how the addition of Batero Gold to your portfolios can decrease your overall portfolio volatility.