Batero Total Cash From Operating Activities vs Total Current Liabilities 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 Total Cash From Operating Activities and its Total Current Liabilities 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.

Total Cash From Operating Activities vs Total Current Liabilities

Total Cash From Operating Activities vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batero Gold Corp Total Cash From Operating Activities account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Batero Gold's Total Cash From Operating Activities and Total Current Liabilities is 0.1. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Total Current Liabilities 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 Total Cash From Operating Activities and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Batero Gold Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Cash From Operating Activities i.e., Batero Gold's Total Cash From Operating Activities and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Cash From Operating Activities

Total Current Liabilities

Total Current Liabilities is an item on Batero Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Batero Gold Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

-0.251.00.820.76-0.15-0.810.42-0.53-0.280.330.42-0.810.530.85-0.28-0.711.0-0.57-0.280.99-0.87-0.280.690.69
-0.25-0.25-0.32-0.260.990.33-0.030.320.17-0.310.230.33-0.35-0.330.17-0.04-0.220.490.17-0.270.310.17-0.28-0.28
1.0-0.250.820.76-0.16-0.810.42-0.53-0.270.330.41-0.810.530.85-0.27-0.711.0-0.57-0.270.99-0.87-0.270.690.69
0.82-0.320.820.96-0.26-0.80.51-0.66-0.240.320.31-0.80.520.99-0.24-0.320.82-0.7-0.240.83-0.83-0.240.610.61
0.76-0.260.760.96-0.21-0.750.41-0.6-0.230.170.26-0.750.370.95-0.23-0.30.76-0.66-0.230.78-0.81-0.230.490.49
-0.150.99-0.16-0.26-0.210.26-0.020.30.12-0.280.320.25-0.28-0.270.12-0.15-0.120.460.12-0.180.230.12-0.18-0.18
-0.810.33-0.81-0.8-0.750.26-0.660.80.49-0.63-0.51.0-0.67-0.840.490.59-0.820.770.49-0.860.950.49-0.76-0.76
0.42-0.030.420.510.41-0.02-0.66-0.91-0.050.50.21-0.660.40.57-0.05-0.020.4-0.7-0.050.46-0.47-0.050.320.32
-0.530.32-0.53-0.66-0.60.30.8-0.910.21-0.52-0.150.81-0.48-0.70.210.08-0.50.890.21-0.60.650.21-0.4-0.4
-0.280.17-0.27-0.24-0.230.120.49-0.050.21-0.58-0.70.49-0.81-0.231.00.45-0.290.361.0-0.350.531.0-0.75-0.75
0.33-0.310.330.320.17-0.28-0.630.5-0.52-0.580.41-0.630.770.32-0.58-0.310.34-0.35-0.580.37-0.43-0.580.630.63
0.420.230.410.310.260.32-0.50.21-0.15-0.70.41-0.50.650.32-0.7-0.620.46-0.21-0.70.44-0.56-0.70.750.75
-0.810.33-0.81-0.8-0.750.251.0-0.660.810.49-0.63-0.5-0.67-0.840.490.59-0.820.770.49-0.860.940.49-0.76-0.76
0.53-0.350.530.520.37-0.28-0.670.4-0.48-0.810.770.65-0.670.53-0.81-0.430.53-0.58-0.810.58-0.66-0.810.920.92
0.85-0.330.850.990.95-0.27-0.840.57-0.7-0.230.320.32-0.840.53-0.23-0.370.85-0.74-0.230.87-0.87-0.230.630.63
-0.280.17-0.27-0.24-0.230.120.49-0.050.211.0-0.58-0.70.49-0.81-0.230.45-0.290.361.0-0.350.531.0-0.75-0.75
-0.71-0.04-0.71-0.32-0.3-0.150.59-0.020.080.45-0.31-0.620.59-0.43-0.370.45-0.750.120.45-0.690.680.45-0.69-0.69
1.0-0.221.00.820.76-0.12-0.820.4-0.5-0.290.340.46-0.820.530.85-0.29-0.75-0.54-0.290.99-0.89-0.290.720.72
-0.570.49-0.57-0.7-0.660.460.77-0.70.890.36-0.35-0.210.77-0.58-0.740.360.12-0.540.36-0.650.740.36-0.54-0.54
-0.280.17-0.27-0.24-0.230.120.49-0.050.211.0-0.58-0.70.49-0.81-0.231.00.45-0.290.36-0.350.531.0-0.75-0.75
0.99-0.270.990.830.78-0.18-0.860.46-0.6-0.350.370.44-0.860.580.87-0.35-0.690.99-0.65-0.35-0.91-0.350.720.72
-0.870.31-0.87-0.83-0.810.230.95-0.470.650.53-0.43-0.560.94-0.66-0.870.530.68-0.890.740.53-0.910.53-0.81-0.81
-0.280.17-0.27-0.24-0.230.120.49-0.050.211.0-0.58-0.70.49-0.81-0.231.00.45-0.290.361.0-0.350.53-0.75-0.75
0.69-0.280.690.610.49-0.18-0.760.32-0.4-0.750.630.75-0.760.920.63-0.75-0.690.72-0.54-0.750.72-0.81-0.751.0
0.69-0.280.690.610.49-0.18-0.760.32-0.4-0.750.630.75-0.760.920.63-0.75-0.690.72-0.54-0.750.72-0.81-0.751.0
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Batero Gold Account Relationship Matchups

Batero Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.7M49.1M48.4M48.5M55.8M35.5M
Total Current Liabilities133.9K372.8K154.7K122.1K109.9K193.5K
Total Stockholder Equity49.6M48.7M48.3M47.8M55.0M35.1M
Net Tangible Assets50.1M49.6M48.7M48.3M55.5M37.2M
Retained Earnings(28.8M)(29.6M)(30.1M)(30.5M)(35.1M)(36.8M)
Accounts Payable128.1K107.6K372.8K146.0K131.4K187.1K
Cash5.1M2.1M224.7K98.9K89.0K84.5K
Net Receivables889.01.0K1.1K2.8K2.5K4.4K
Total Liab133.9K372.8K154.7K713.1K820.0K861.0K
Total Current Assets5.2M2.1M243.6K104.4K94.0K89.3K
Property Plant Equipment42.7M44.5M47.0M48.2M55.4M28.5M
Other Current Liab30.9K44.3K26.3K8.7K7.8K7.4K
Non Current Assets Total44.5M47.0M48.2M48.4M55.7M32.4M
Net Invested Capital49.6M48.7M48.3M47.8M55.0M39.4M
Net Working Capital5.1M1.7M88.9K(17.7K)(15.9K)(15.1K)

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