Batero Operating Income vs Net Receivables Analysis

BAT Stock

CAD 0.04 0.01 20.00%

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 Operating Income and its Net Receivables 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.

Operating Income vs Net Receivables

Operating Income vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Operating Income account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Batero Gold's Operating Income and Net Receivables is -0.47. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Receivables 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 Operating Income and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Batero Gold Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Operating Income i.e., Batero Gold's Operating Income and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from Batero Gold Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Batero Gold Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Receivables

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 climb to about 367.8 K in 2024

Batero Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		-0.25	1.0	0.82	0.76	-0.15	-0.81	0.42	-0.53	-0.28	0.33	0.42	-0.81	0.53	0.85	-0.28	-0.71	1.0	-0.57	-0.28	0.99	-0.87	-0.28	0.69	0.69
Total Current Liabilities	-0.25		-0.25	-0.32	-0.26	0.99	0.33	-0.03	0.32	0.17	-0.31	0.23	0.33	-0.35	-0.33	0.17	-0.04	-0.22	0.49	0.17	-0.27	0.31	0.17	-0.28	-0.28
Total Stockholder Equity	1.0	-0.25		0.82	0.76	-0.16	-0.81	0.42	-0.53	-0.27	0.33	0.41	-0.81	0.53	0.85	-0.27	-0.71	1.0	-0.57	-0.27	0.99	-0.87	-0.27	0.69	0.69
Net Tangible Assets	0.82	-0.32	0.82		0.96	-0.26	-0.8	0.51	-0.66	-0.24	0.32	0.31	-0.8	0.52	0.99	-0.24	-0.32	0.82	-0.7	-0.24	0.83	-0.83	-0.24	0.61	0.61
Retained Earnings	0.76	-0.26	0.76	0.96		-0.21	-0.75	0.41	-0.6	-0.23	0.17	0.26	-0.75	0.37	0.95	-0.23	-0.3	0.76	-0.66	-0.23	0.78	-0.81	-0.23	0.49	0.49
Accounts Payable	-0.15	0.99	-0.16	-0.26	-0.21		0.26	-0.02	0.3	0.12	-0.28	0.32	0.25	-0.28	-0.27	0.12	-0.15	-0.12	0.46	0.12	-0.18	0.23	0.12	-0.18	-0.18
Cash	-0.81	0.33	-0.81	-0.8	-0.75	0.26		-0.66	0.8	0.49	-0.63	-0.5	1.0	-0.67	-0.84	0.49	0.59	-0.82	0.77	0.49	-0.86	0.95	0.49	-0.76	-0.76
Other Assets	0.42	-0.03	0.42	0.51	0.41	-0.02	-0.66		-0.91	-0.05	0.5	0.21	-0.66	0.4	0.57	-0.05	-0.02	0.4	-0.7	-0.05	0.46	-0.47	-0.05	0.32	0.32
Net Receivables	-0.53	0.32	-0.53	-0.66	-0.6	0.3	0.8	-0.91		0.21	-0.52	-0.15	0.81	-0.48	-0.7	0.21	0.08	-0.5	0.89	0.21	-0.6	0.65	0.21	-0.4	-0.4
Other Current Assets	-0.28	0.17	-0.27	-0.24	-0.23	0.12	0.49	-0.05	0.21		-0.58	-0.7	0.49	-0.81	-0.23	1.0	0.45	-0.29	0.36	1.0	-0.35	0.53	1.0	-0.75	-0.75
Other Stockholder Equity	0.33	-0.31	0.33	0.32	0.17	-0.28	-0.63	0.5	-0.52	-0.58		0.41	-0.63	0.77	0.32	-0.58	-0.31	0.34	-0.35	-0.58	0.37	-0.43	-0.58	0.63	0.63
Total Liab	0.42	0.23	0.41	0.31	0.26	0.32	-0.5	0.21	-0.15	-0.7	0.41		-0.5	0.65	0.32	-0.7	-0.62	0.46	-0.21	-0.7	0.44	-0.56	-0.7	0.75	0.75
Total Current Assets	-0.81	0.33	-0.81	-0.8	-0.75	0.25	1.0	-0.66	0.81	0.49	-0.63	-0.5		-0.67	-0.84	0.49	0.59	-0.82	0.77	0.49	-0.86	0.94	0.49	-0.76	-0.76
Common Stock	0.53	-0.35	0.53	0.52	0.37	-0.28	-0.67	0.4	-0.48	-0.81	0.77	0.65	-0.67		0.53	-0.81	-0.43	0.53	-0.58	-0.81	0.58	-0.66	-0.81	0.92	0.92
Property Plant Equipment	0.85	-0.33	0.85	0.99	0.95	-0.27	-0.84	0.57	-0.7	-0.23	0.32	0.32	-0.84	0.53		-0.23	-0.37	0.85	-0.74	-0.23	0.87	-0.87	-0.23	0.63	0.63
Deferred Long Term Liab	-0.28	0.17	-0.27	-0.24	-0.23	0.12	0.49	-0.05	0.21	1.0	-0.58	-0.7	0.49	-0.81	-0.23		0.45	-0.29	0.36	1.0	-0.35	0.53	1.0	-0.75	-0.75
Other Current Liab	-0.71	-0.04	-0.71	-0.32	-0.3	-0.15	0.59	-0.02	0.08	0.45	-0.31	-0.62	0.59	-0.43	-0.37	0.45		-0.75	0.12	0.45	-0.69	0.68	0.45	-0.69	-0.69
Non Current Assets Total	1.0	-0.22	1.0	0.82	0.76	-0.12	-0.82	0.4	-0.5	-0.29	0.34	0.46	-0.82	0.53	0.85	-0.29	-0.75		-0.54	-0.29	0.99	-0.89	-0.29	0.72	0.72
Non Currrent Assets Other	-0.57	0.49	-0.57	-0.7	-0.66	0.46	0.77	-0.7	0.89	0.36	-0.35	-0.21	0.77	-0.58	-0.74	0.36	0.12	-0.54		0.36	-0.65	0.74	0.36	-0.54	-0.54
Common Stock Shares Outstanding	-0.28	0.17	-0.27	-0.24	-0.23	0.12	0.49	-0.05	0.21	1.0	-0.58	-0.7	0.49	-0.81	-0.23	1.0	0.45	-0.29	0.36		-0.35	0.53	1.0	-0.75	-0.75
Net Invested Capital	0.99	-0.27	0.99	0.83	0.78	-0.18	-0.86	0.46	-0.6	-0.35	0.37	0.44	-0.86	0.58	0.87	-0.35	-0.69	0.99	-0.65	-0.35		-0.91	-0.35	0.72	0.72
Net Working Capital	-0.87	0.31	-0.87	-0.83	-0.81	0.23	0.95	-0.47	0.65	0.53	-0.43	-0.56	0.94	-0.66	-0.87	0.53	0.68	-0.89	0.74	0.53	-0.91		0.53	-0.81	-0.81
Capital Stock	-0.28	0.17	-0.27	-0.24	-0.23	0.12	0.49	-0.05	0.21	1.0	-0.58	-0.7	0.49	-0.81	-0.23	1.0	0.45	-0.29	0.36	1.0	-0.35	0.53		-0.75	-0.75
Property Plant And Equipment Net	0.69	-0.28	0.69	0.61	0.49	-0.18	-0.76	0.32	-0.4	-0.75	0.63	0.75	-0.76	0.92	0.63	-0.75	-0.69	0.72	-0.54	-0.75	0.72	-0.81	-0.75		1.0
Property Plant And Equipment Gross	0.69	-0.28	0.69	0.61	0.49	-0.18	-0.76	0.32	-0.4	-0.75	0.63	0.75	-0.76	0.92	0.63	-0.75	-0.69	0.72	-0.54	-0.75	0.72	-0.81	-0.75	1.0

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Batero Gold Account Relationship Matchups

Batero Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.7M	49.1M	48.4M	48.5M	55.8M	35.5M
Total Current Liabilities	133.9K	372.8K	154.7K	122.1K	109.9K	193.5K
Total Stockholder Equity	49.6M	48.7M	48.3M	47.8M	55.0M	35.1M
Net Tangible Assets	50.1M	49.6M	48.7M	48.3M	55.5M	37.2M
Retained Earnings	(28.8M)	(29.6M)	(30.1M)	(30.5M)	(35.1M)	(36.8M)
Accounts Payable	128.1K	107.6K	372.8K	146.0K	131.4K	187.1K
Cash	5.1M	2.1M	224.7K	98.9K	89.0K	84.5K
Net Receivables	889.0	1.0K	1.1K	2.8K	2.5K	4.4K
Total Liab	133.9K	372.8K	154.7K	713.1K	820.0K	861.0K
Total Current Assets	5.2M	2.1M	243.6K	104.4K	94.0K	89.3K
Property Plant Equipment	42.7M	44.5M	47.0M	48.2M	55.4M	28.5M
Other Current Liab	30.9K	44.3K	26.3K	8.7K	7.8K	7.4K
Non Current Assets Total	44.5M	47.0M	48.2M	48.4M	55.7M	32.4M
Net Invested Capital	49.6M	48.7M	48.3M	47.8M	55.0M	39.4M
Net Working Capital	5.1M	1.7M	88.9K	(17.7K)	(15.9K)	(15.1K)

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