Batero Property Plant And Equipment Gross vs Cash 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 Property Plant And Equipment Gross and its Cash 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.
Property Plant And Equipment Gross vs Cash
Property Plant And Equipment Gross vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Batero Gold's Property Plant And Equipment Gross and Cash is -0.76. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash 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 Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Batero Gold Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., Batero Gold's Property Plant And Equipment Gross and Cash go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant And Equipment Gross
Cash
Cash refers to the most liquid asset of Batero Gold Corp, which is listed under current asset account on Batero Gold Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Batero Gold customers. The amounts must be unrestricted with restricted cash listed in a different Batero Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.