Batero Other Current Liab vs Total Assets 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 Other Current Liab and its Total Assets 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.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Batero Gold's Other Current Liab and Total Assets is -0.71. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets 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 Other Current Liab and Total 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 Other Current Liab of Batero Gold Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Batero Gold's Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Liab
Total Assets
Total assets refers to the total amount of Batero Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Batero Gold Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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
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Batero Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.