BFUTILITIE Accounts Payable vs Total Assets Analysis

BFUTILITIE   1,004  52.85  5.00%   
BF Utilities financial indicator trend analysis is way more than just evaluating BF Utilities Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BF Utilities Limited is a good investment. Please check the relationship between BF Utilities Accounts Payable and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BF Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BF Utilities Limited Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between BF Utilities' Accounts Payable and Total Assets is 0.23. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of BF Utilities Limited, assuming nothing else is changed. The correlation between historical values of BF Utilities' Accounts Payable 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 Accounts Payable of BF Utilities Limited 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 Accounts Payable i.e., BF Utilities' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents BF Utilities obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BF Utilities Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of BF Utilities 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 BF Utilities Limited 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 BF Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BF Utilities Limited 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 BF Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The BF Utilities' current Tax Provision is estimated to increase to about 208.2 M, while Selling General Administrative is projected to decrease to under 5.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.4B7.0B7.4B4.1B
Total Revenue5.1B7.6B9.7B10.2B

BF Utilities fundamental ratios Correlations

0.770.410.56-0.450.070.760.230.290.980.410.04-0.56-0.92-0.02-0.040.780.910.15-0.330.850.670.02-0.530.470.34
0.77-0.090.11-0.790.451.00.060.010.830.27-0.31-0.43-0.88-0.11-0.310.990.650.26-0.10.970.250.11-0.620.180.27
0.41-0.090.680.37-0.34-0.110.260.240.290.260.42-0.22-0.10.090.35-0.090.430.03-0.270.050.68-0.090.130.340.35
0.560.110.680.030.010.110.620.040.40.150.6-0.41-0.36-0.010.570.150.72-0.180.120.340.890.01-0.370.880.29
-0.45-0.790.370.03-0.7-0.8-0.090.09-0.5-0.20.190.220.620.280.17-0.82-0.48-0.19-0.15-0.77-0.08-0.280.74-0.110.05
0.070.45-0.340.01-0.70.470.49-0.410.04-0.240.17-0.21-0.24-0.330.330.510.27-0.050.560.490.130.33-0.640.18-0.05
0.761.0-0.110.11-0.80.470.06-0.040.820.27-0.32-0.42-0.87-0.12-0.320.990.650.27-0.080.970.240.12-0.620.180.27
0.230.060.260.62-0.090.490.060.00.07-0.360.83-0.58-0.240.00.850.130.48-0.290.580.240.720.0-0.590.770.07
0.290.010.240.040.09-0.41-0.040.00.26-0.170.31-0.29-0.290.190.070.010.24-0.14-0.450.020.27-0.19-0.110.05-0.04
0.980.830.290.4-0.50.040.820.070.260.45-0.15-0.51-0.93-0.04-0.220.830.830.25-0.390.860.510.04-0.480.340.33
0.410.270.260.15-0.2-0.240.27-0.36-0.170.45-0.410.31-0.220.01-0.40.220.240.18-0.480.240.09-0.010.14-0.14-0.17
0.04-0.310.420.60.190.17-0.320.830.31-0.15-0.41-0.380.020.080.96-0.240.3-0.440.3-0.110.71-0.08-0.330.64-0.1
-0.56-0.43-0.22-0.410.22-0.21-0.42-0.58-0.29-0.510.31-0.380.66-0.17-0.32-0.48-0.57-0.41-0.21-0.53-0.540.170.64-0.59-0.59
-0.92-0.88-0.1-0.360.62-0.24-0.87-0.24-0.29-0.93-0.220.020.66-0.080.09-0.9-0.83-0.20.2-0.92-0.520.080.71-0.44-0.31
-0.02-0.110.09-0.010.28-0.33-0.120.00.19-0.040.010.08-0.17-0.080.04-0.11-0.18-0.01-0.3-0.110.03-1.0-0.020.040.0
-0.04-0.310.350.570.170.33-0.320.850.07-0.22-0.40.96-0.320.090.04-0.240.24-0.440.38-0.110.65-0.04-0.310.6-0.12
0.780.99-0.090.15-0.820.510.990.130.010.830.22-0.24-0.48-0.9-0.11-0.240.690.25-0.050.980.290.11-0.690.230.28
0.910.650.430.72-0.480.270.650.480.240.830.240.3-0.57-0.83-0.180.240.690.0-0.050.80.820.18-0.680.670.33
0.150.260.03-0.18-0.19-0.050.27-0.29-0.140.250.18-0.44-0.41-0.2-0.01-0.440.250.00.00.21-0.240.01-0.05-0.180.63
-0.33-0.1-0.270.12-0.150.56-0.080.58-0.45-0.39-0.480.3-0.210.2-0.30.38-0.05-0.050.0-0.030.020.3-0.350.390.14
0.850.970.050.34-0.770.490.970.240.020.860.24-0.11-0.53-0.92-0.11-0.110.980.80.21-0.030.450.11-0.730.390.33
0.670.250.680.89-0.080.130.240.720.270.510.090.71-0.54-0.520.030.650.290.82-0.240.020.45-0.03-0.480.770.21
0.020.11-0.090.01-0.280.330.120.0-0.190.04-0.01-0.080.170.08-1.0-0.040.110.180.010.30.11-0.030.02-0.040.0
-0.53-0.620.13-0.370.74-0.64-0.62-0.59-0.11-0.480.14-0.330.640.71-0.02-0.31-0.69-0.68-0.05-0.35-0.73-0.480.02-0.61-0.18
0.470.180.340.88-0.110.180.180.770.050.34-0.140.64-0.59-0.440.040.60.230.67-0.180.390.390.77-0.04-0.610.26
0.340.270.350.290.05-0.050.270.07-0.040.33-0.17-0.1-0.59-0.310.0-0.120.280.330.630.140.330.210.0-0.180.26
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BF Utilities Account Relationship Matchups

BF Utilities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.7B21.6B21.5B22.4B24.3B20.1B
Short Long Term Debt Total17.1B17.1B16.3B14.8B13.0B14.4B
Other Current Liab1.8B1.7B1.7B2.1B2.3B1.6B
Total Current Liabilities3.4B3.5B3.3B3.8B3.7B2.5B
Total Stockholder Equity(2.2B)(2.2B)(1.7B)(917.1M)553.6M581.3M
Property Plant And Equipment Net4.9B4.8B4.7B558.1M605.9M575.6M
Net Debt16.9B16.9B16.2B14.3B12.5B13.8B
Accounts Payable489.0M464.8M465.7M392.5M376.0M288.4M
Cash271M247.4M81.8M496.0M502.3M403.1M
Non Current Assets Total16.5B16.0B16.8B17.3B18.9B15.9B
Non Currrent Assets Other2.6B2.9B2.3B6.2B6.7B5.5B
Cash And Short Term Investments2.6B2.8B2.1B2.3B2.5B1.8B
Net Receivables7.2M3.0M12.2M16.8M15.1M14.3M
Short Term Investments2.3B2.6B2.1B1.3B2.0B1.3B
Liabilities And Stockholders Equity21.7B21.6B21.5B22.4B24.3B19.9B
Non Current Liabilities Total18.4B18.3B17.5B15.2B14.3B14.9B
Inventory2.2B2.2B2.2B2.3B2.4B1.5B
Other Current Assets345.4M341.0M426.9M468.4M363.9M454.9M
Other Stockholder Equity3.4B3.4B3.4B3.8B365.3M347.0M
Total Liab21.7B21.8B20.8B19.1B18.0B17.4B
Total Current Assets5.2B5.5B4.7B5.0B5.3B4.2B
Accumulated Other Comprehensive Income1.6B1.6B1.6B1.9B2.2B2.3B
Retained Earnings(5.8B)(5.8B)(5.3B)(4.9B)(4.4B)(4.2B)
Short Term Debt888.8M1.1B1.1B1.4B1.1B734.6M
Current Deferred Revenue693.5M23.3M720.7M742.6M854.0M608.2M
Intangible Assets11.3B10.9B11.2B11.7B13.4B9.4B
Other Liab2.3B2.2B2.3B1.8B2.0B1.7B
Net Tangible Assets(13.6B)(13.2B)(12.9B)(12.7B)(14.6B)(15.3B)
Other Assets4.5B4.5B4.6B27.4M31.5M29.9M
Long Term Debt16.2B16.0B15.2B13.4B12.1B13.4B
Short Long Term Debt888.8M206.6M1.1B1.4B1.2B2.0B
Property Plant Equipment654.0M591.3M552.9M558.1M502.3M854.3M
Long Term Debt Total16.6B16.2B16.1B15.2B13.7B13.5B
Non Current Liabilities Other20.6M903.5M914.8M823.6M947.1M499.6M
Cash And Equivalents0.0167.1M411.9M461.2M530.4M556.9M
Net Invested Capital14.9B14.0B14.6B13.9B16.0B15.7B

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Other Information on Investing in BFUTILITIE Stock

Balance Sheet is a snapshot of the financial position of BF Utilities Limited at a specified time, usually calculated after every quarter, six months, or one year. BF Utilities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BF Utilities and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which BFUTILITIE currently owns. An asset can also be divided into two categories, current and non-current.