BHP Stock | | | 40.07 0.29 0.73% |
BHP Group financial indicator trend analysis is way more than just evaluating BHP Group Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BHP Group Limited is a good investment. Please check the relationship between BHP Group Discontinued Operations and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group 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 board of governors.
Discontinued Operations vs Total Revenue
Discontinued Operations vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BHP Group Limited Discontinued Operations account and
Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between BHP Group's Discontinued Operations and Total Revenue is 0.22. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Total Revenue in the same time period over historical financial statements of BHP Group Limited, assuming nothing else is changed. The correlation between historical values of BHP Group's Discontinued Operations and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of BHP Group Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Discontinued Operations i.e., BHP Group's Discontinued Operations and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Discontinued Operations
Total Revenue
Total revenue comprises all receipts BHP Group Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from BHP Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BHP Group 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 BHP Group 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 board of governors.
Selling General Administrative is likely to gain to about 11.7
B in 2024. Discontinued Operations is likely to gain to about 12.9
B in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 39.7B | 27.7B | 46.1B | 48.4B | Total Revenue | 65.1B | 53.8B | 56.0B | 35.9B |
BHP Group fundamental ratios Correlations
Click cells to compare fundamentals
BHP Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BHP Group fundamental ratios Accounts
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