Bonterra Days Sales Outstanding vs Book Value Per Share Analysis

BNE Stock  CAD 3.58  0.10  2.87%   
Bonterra Energy financial indicator trend analysis is way more than just evaluating Bonterra Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bonterra Energy Corp is a good investment. Please check the relationship between Bonterra Energy Days Sales Outstanding and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bonterra Energy 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.

Days Sales Outstanding vs Book Value Per Share

Days Sales Outstanding vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bonterra Energy Corp Days Sales Outstanding account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bonterra Energy's Days Sales Outstanding and Book Value Per Share is -0.35. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Bonterra Energy Corp, assuming nothing else is changed. The correlation between historical values of Bonterra Energy's Days Sales Outstanding and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Bonterra Energy Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Days Sales Outstanding i.e., Bonterra Energy's Days Sales Outstanding and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Bonterra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bonterra Energy 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 Bonterra Energy 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.
At this time, Bonterra Energy's Tax Provision is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value Over EBITDA is likely to grow to 2.01, while Selling General Administrative is likely to drop about 5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses8.7M13.7M17.7M34.1M
Cost Of Revenue173.2M238.4M177.3M123.2M

Bonterra Energy fundamental ratios Correlations

0.79-0.25-0.030.830.920.8-0.45-0.141.0-0.29-0.320.890.91-0.640.14-0.390.90.43-0.390.04-0.17-0.020.69-0.61-0.56
0.79-0.310.20.480.731.0-0.52-0.380.8-0.2-0.60.670.83-0.59-0.09-0.390.910.13-0.620.29-0.06-0.120.56-0.6-0.53
-0.25-0.310.24-0.14-0.26-0.310.240.34-0.240.56-0.1-0.08-0.4-0.27-0.110.82-0.3-0.15-0.060.11-0.270.380.25-0.09-0.27
-0.030.20.24-0.230.050.2-0.650.2-0.02-0.07-0.220.24-0.2-0.240.160.040.210.11-0.210.980.17-0.220.19-0.33-0.35
0.830.48-0.14-0.230.880.49-0.18-0.060.82-0.230.060.70.67-0.560.31-0.380.570.570.07-0.24-0.370.190.5-0.44-0.52
0.920.73-0.260.050.880.73-0.57-0.010.91-0.43-0.130.870.84-0.680.44-0.40.860.68-0.130.06-0.09-0.120.61-0.7-0.66
0.81.0-0.310.20.490.73-0.51-0.390.81-0.19-0.60.670.83-0.59-0.11-0.40.910.12-0.620.28-0.08-0.10.56-0.59-0.53
-0.45-0.520.24-0.65-0.18-0.57-0.51-0.21-0.450.610.17-0.66-0.430.39-0.540.22-0.7-0.560.2-0.67-0.470.61-0.340.660.48
-0.14-0.380.340.2-0.06-0.01-0.39-0.21-0.150.030.390.23-0.21-0.260.680.41-0.130.590.360.070.12-0.110.3-0.32-0.33
1.00.8-0.24-0.020.820.910.81-0.45-0.15-0.28-0.350.890.91-0.640.12-0.390.90.4-0.420.05-0.17-0.020.7-0.62-0.56
-0.29-0.20.56-0.07-0.23-0.43-0.190.610.03-0.28-0.2-0.27-0.37-0.19-0.520.35-0.4-0.52-0.24-0.11-0.450.510.220.08-0.11
-0.32-0.6-0.1-0.220.06-0.13-0.60.170.39-0.35-0.2-0.27-0.380.390.46-0.12-0.480.40.94-0.310.13-0.1-0.470.30.33
0.890.67-0.080.240.70.870.67-0.660.230.89-0.27-0.270.76-0.790.42-0.240.860.61-0.340.27-0.08-0.120.84-0.81-0.76
0.910.83-0.4-0.20.670.840.83-0.43-0.210.91-0.37-0.380.76-0.540.11-0.350.920.35-0.45-0.120.03-0.20.57-0.6-0.44
-0.64-0.59-0.27-0.24-0.56-0.68-0.590.39-0.26-0.64-0.190.39-0.79-0.54-0.29-0.03-0.64-0.430.37-0.180.3-0.13-0.930.880.97
0.14-0.09-0.110.160.310.44-0.11-0.540.680.12-0.520.460.420.11-0.29-0.050.180.930.530.050.22-0.320.18-0.44-0.41
-0.39-0.390.820.04-0.38-0.4-0.40.220.41-0.390.35-0.12-0.24-0.35-0.03-0.05-0.33-0.19-0.05-0.080.010.170.040.05-0.04
0.90.91-0.30.210.570.860.91-0.7-0.130.9-0.4-0.480.860.92-0.640.18-0.330.39-0.540.280.11-0.290.65-0.74-0.58
0.430.13-0.150.110.570.680.12-0.560.590.4-0.520.40.610.35-0.430.93-0.190.390.430.030.11-0.250.33-0.54-0.49
-0.39-0.62-0.06-0.210.07-0.13-0.620.20.36-0.42-0.240.94-0.34-0.450.370.53-0.05-0.540.43-0.320.00.05-0.520.360.28
0.040.290.110.98-0.240.060.28-0.670.070.05-0.11-0.310.27-0.12-0.180.05-0.080.280.03-0.320.19-0.240.18-0.28-0.28
-0.17-0.06-0.270.17-0.37-0.09-0.08-0.470.12-0.17-0.450.13-0.080.030.30.220.010.110.110.00.19-0.97-0.32-0.190.25
-0.02-0.120.38-0.220.19-0.12-0.10.61-0.11-0.020.51-0.1-0.12-0.2-0.13-0.320.17-0.29-0.250.05-0.24-0.970.160.36-0.08
0.690.560.250.190.50.610.56-0.340.30.70.22-0.470.840.57-0.930.180.040.650.33-0.520.18-0.320.16-0.8-0.87
-0.61-0.6-0.09-0.33-0.44-0.7-0.590.66-0.32-0.620.080.3-0.81-0.60.88-0.440.05-0.74-0.540.36-0.28-0.190.36-0.80.88
-0.56-0.53-0.27-0.35-0.52-0.66-0.530.48-0.33-0.56-0.110.33-0.76-0.440.97-0.41-0.04-0.58-0.490.28-0.280.25-0.08-0.870.88
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Bonterra Energy Account Relationship Matchups

Bonterra Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B731.9M945.7M919.7M967.9M576.2M
Short Long Term Debt Total292.6M300.4M257.6M157.4M139.4M169.9M
Other Current Liab11.0M12.6M15.5M8.9M7.5M12.4M
Total Current Liabilities46.2M304.9M203.9M56.8M57.1M92.3M
Total Stockholder Equity503.9M196.6M392.0M479.8M528.3M554.7M
Property Plant And Equipment Net959.5M705.3M904.8M875.5M930.7M977.2M
Net Debt292.7M300.4M257.8M159.5M139.4M166.5M
Retained Earnings(290.8M)(598.7M)(419.4M)(340.4M)(295.4M)(280.7M)
Accounts Payable15.7M20.1M25.4M27.7M30.6M23.2M
Non Current Assets Total1.1B714.4M914.4M875.5M930.7M513.6M
Net Receivables21.8M12.9M24.2M33.1M25.4M34.0M
Common Stock Shares Outstanding33.4M33.4M34.8M37.3M37.3M23.8M
Liabilities And Stockholders Equity1.1B731.9M945.7M919.7M967.9M576.2M
Non Current Liabilities Total537.6M230.3M349.8M383.0M382.5M226.6M
Inventory672K598K988K1.1M893K848.4K
Other Current Assets3.9M3.9M5.9M8.0M9.3M9.7M
Other Stockholder Equity30.2M30.7M31.6M31.7M34.0M32.3M
Total Liab583.9M535.2M553.7M439.8M439.6M318.9M
Property Plant And Equipment Gross959.5M705.3M1.9B2.0B2.1B2.2B
Total Current Assets26.5M17.5M31.3M44.2M37.2M57.6M
Accumulated Other Comprehensive Income(748K)(750K)(221K)784K6.5M6.8M
Short Term Debt19.5M272.2M162.9M20.2M19M18.1M
Cash(131K)(62K)(188K)(2.0M)(1.6M)(1.6M)
Cash And Short Term Investments131K62K188K2.0M1.6M1.6M
Short Term Investments131K62K188K2.0M1.6M1.6M
Other Liab264.6M202.2M255.2M245.8M282.7M243.7M
Net Tangible Assets411.1M196.6M392.0M479.8M431.9M348.8M
Long Term Debt273.1M28.2M94.6M137.3M120.4M161.3M
Long Term Investments476K258K155K233K703K0.0
Short Long Term Debt19.5M272.2M162.9M20.2M19M18.1M
Property Plant Equipment959.5M705.3M904.8M875.5M787.9M740.9M
Long Term Debt Total273.1M28.2M94.6M137.3M123.5M178.6M
Capital Surpluse30.2M30.7M31.6M31.7M36.5M29.5M
Net Invested Capital796.5M497.0M649.6M637.3M667.7M557.7M

Pair Trading with Bonterra Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bonterra Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bonterra Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Bonterra Stock

  0.68ENS E Split CorpPairCorr
  0.66ENB-PFV Enbridge Pref 5PairCorr
  0.66NA-PG National Bank Earnings Call TodayPairCorr
  0.58ENS-PA E Split CorpPairCorr
  0.32ENB-PFU Enbridge Pref LPairCorr
The ability to find closely correlated positions to Bonterra Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bonterra Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bonterra Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bonterra Energy Corp to buy it.
The correlation of Bonterra Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bonterra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bonterra Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bonterra Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Bonterra Stock

Balance Sheet is a snapshot of the financial position of Bonterra Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Bonterra Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bonterra Energy 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 Bonterra currently owns. An asset can also be divided into two categories, current and non-current.