Batero Other Stockholder Equity vs Total Stockholder Equity 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 Stockholder Equity and its Total Stockholder Equity 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 Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.

The correlation between Batero Gold's Other Stockholder Equity and Total Stockholder Equity is 0.33. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity 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 Stockholder Equity and Total Stockholder Equity 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 Stockholder Equity of Batero Gold Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Batero Gold's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Stockholder Equity

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.

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

Click cells to compare fundamentals

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)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Batero Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC